Germany Water Enhancer Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.51 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Germany Water Enhancer Market Analysis
Germany water enhancer market is projected to grow at a CAGR of 3.51% during the forecast period.
- Despite the size, the beverage market is largely dominated by carbonated soft drinks. Unlike certain regions, the good quality of tap water in Germany negates the importance of bottled water sales. Therefore, the key to this market lies in the health-specific and ready to drink (RTD) nature of water enhancers. The highly industrious nation could find the ease of usage, taste, and zero-calorie nature of enhancers particularly appealing.
- Even though the carbonated soft drink market is at a mature phase, the lack of proper alternatives is not causing shrinkage in their market. Given the rising health awareness campaigns, water enhancers have a good chance of occupying this space. The growth of the market is centered on the introduction of more refreshing flavors such as tea or caffeine, and natural ingredients. The quality of the products also plays a key role in the German markets.
Germany Water Enhancer Market Trends
This section covers the major market trends shaping the Germany Water Enhancer Market according to our research experts:
Rising Prevalence of Health-Oriented/ Better-For-You Food Products
Germany food market has been witnessing a substantial surge among consumers to opt for health-oriented food products rather perceived as Better-For-You claim. The water enhancer market in the country is still in its nascent stage but this growing trend of consumers willing to switch conventional food products with health-efficient foods is anticipated to drive the water enhancer market during the forecast period. According to the survey conducted by the Kitchen Stories, about 62% of consumers stated to follow a healthy diet during the year considered that is 2019. The statistics suggest persisting awareness amongst consumers regarding requisites to have health-promoting food products.
Supermarkets Held the Largest Market Share
The availability of a large variety of water enhancers and other nutritional beverages under one roof and the premium shopping experience offered by supermarket/ hypermarket are the major drivers for the growth of this retail format in Germany. Consumers in metropolitan cities and towns prefer these stores to purchase their daily essentials. Marketing water enhancers through this channel are expected to contribute toward gaining brand visibility. Moreover, rising retail shelf spaces of these stores as a result of business expansion i.e., rising number of hypermarkets and supermarkets in the country, is another factor supplementing the water enhancer sales through the channel.
Germany Water Enhancer Industry Overview
The Germany water enhancer market is highly competitive. The market studied has key players competing for major market share and intense competition prevailing in the market studied is likely to result in consolidation among market players. Key players are focusing on online distribution channels for branding of their products, in order to expand their geographical reach and increase their customer base. Some of the leading players in the market are The Kraft Heinz Company, Wisdom Natural etc.
Germany Water Enhancer Market Leaders
-
The Kraft Heinz Company
-
Salto GmbH
-
Wisdom Natural Brands
-
The Hut Group
*Disclaimer: Major Players sorted in no particular order
Germany Water Enhancer Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
-
4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 Distribution Channel
- 5.1.1 Hypermarket/Supermarket
- 5.1.2 Convenience Store
- 5.1.3 Online Channel
- 5.1.4 Others
6. COMPETITIVE LANDSCAPE
- 6.1 Market Position Analysis
- 6.2 Most Adopted Strategies
-
6.3 Company Profiles
- 6.3.1 The Kraft Heinz Company
- 6.3.2 Salto GmbH
- 6.3.3 Wisdom Natural Brands
- 6.3.4 The Hut Group
- 6.3.5 Waterdrop
- 6.3.6 Dyla LLC
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityGermany Water Enhancer Industry Segmentation
Germany water enhancer market features revenue generated through hypermarket/ supermarket, convenience store, online channel, and others
| Distribution Channel | Hypermarket/Supermarket |
| Convenience Store | |
| Online Channel | |
| Others |
Germany Water Enhancer Market Research FAQs
What is the current Germany Water Enhancer Market size?
The Germany Water Enhancer Market is projected to register a CAGR of 3.51% during the forecast period (2024-2029)
Who are the key players in Germany Water Enhancer Market?
The Kraft Heinz Company, Salto GmbH , Wisdom Natural Brands and The Hut Group are the major companies operating in the Germany Water Enhancer Market.
What years does this Germany Water Enhancer Market cover?
The report covers the Germany Water Enhancer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Water Enhancer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Water Enhancers in Germany Industry Report
Statistics for the 2024 Water Enhancers in Germany market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Water Enhancers in Germany analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
