PUBLISHER: Allied Market Research | PRODUCT CODE: 1193146
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193146
The global birch water market size was valued at $1,223.9 million in 2021, and is estimated to reach $2,369.4 million by 2031, registering a CAGR of 7.6% from 2022 to 2031. Birch water is a healthy and natural water extracted from the birch trees. Birch water has been used as a health drink and medicinal ingredient in Europe and China for centuries. The various health benefits and medicinal properties of birch water has gained a rapid traction among the consumers across developed and developing economies. The rising prevalence of various diseases, growing health-consciousness, rising standards of living, increasing disposable income, and rising consumer expenditure on health and wellness products are the major factors that are expected to drive the growth of the global birch water market.
The rise in penetration of modern trade channels like supermarkets, hypermarkets, and mini-markets along with the increasing adoption of e-commerce is anticipated to have a positive impact on the sales of birch water, globally. The rising consumer awareness regarding the health benefits of birch water is making it popular as a super drink or superfood. Moreover, the rise in preferences for natural and organic food products is fueling the demand for the birch water among consumers. Furthermore, the increase in the adoption of birch water as an ingredient in industries such as pharmaceutical, personal care, nutraceutical, and cosmetics is anticipated to propel the growth of the global birch water market during the forecast period.
According to the birch water market analysis, the birch water market is segregated based on type, application, nature, distribution channel, and region. By type, the market is segmented into carbonated and non-carbonated. Both the carbonated and non-carbonated segments as further bifurcated based on flavor into strawberry, blueberry, raspberry, apple ginger, lemon, unflavored, and others. Based on the application, it is segmented into food and beverages, nutraceuticals, pharmaceuticals, and personal care and cosmetics. Further, on the basis of nature, the market is bifurcated into organic and conventional segments. Depending on the distribution channel, the market is categorized into direct distribution and retail distribution. The retail distribution is further segmented into modern trade, convenience stores, online stores, and others. Region-wise, the birch water market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).
The key players operating in the birch water industry include The Birch Factory, Alaska Wild Harvest, LLC., Nordic Koivu Ltd, Vitalife Ltd, Eminence organic skin care, Procter & Gamble, Nature On Tap Ltd., Treo Brands LLC., Sublime life, JSC Straikas, Sibberi, and BelSeva.
Key Benefits For Stakeholders
By Nature
By Distribution Channel
By Type
By Application
By Region