Global Alternative Waters (Plant Based Waters) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Coconut Water, Maple Water, Birch Water and Others.

By Application;

Flavored and Natural.

By Distribution Channel;

Offline Retail and Online Stores.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn134827554 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Alternative Waters (Plant Based Waters) Market (USD Million), 2021 - 2031

In the year 2024, the Global Alternative Waters (Plant Based Waters) Market was valued at USD 2291.15 million. The size of this market is expected to increase to USD 5065.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.0%.

The global alternative waters market, also known as the plant-based waters market, has been experiencing significant growth in recent years. These waters are derived from a variety of natural sources such as coconut, maple, cactus, birch, and other plant-based origins, and have gained attention for their potential health benefits and unique flavors. Unlike traditional bottled waters, these alternatives offer a refreshing, nutrient-rich option that caters to consumers who are seeking healthier, natural beverages. The market is largely driven by the increasing trend towards health-consciousness and the rising demand for functional drinks that go beyond basic hydration.

Coconut water has been the frontrunner in the plant-based water sector, with widespread popularity among consumers due to its natural electrolytes, low-calorie content, and potential benefits for hydration and recovery. Other plant waters, such as birch and maple waters, have also started to make a mark in the market by promoting their natural properties, including antioxidants and anti-inflammatory effects. As consumers become more educated about the nutritional advantages of these waters, their demand has expanded across multiple regions, including North America, Europe, and the Asia Pacific, which are the leading markets for alternative waters.

In addition to offering hydration, many alternative waters are promoted for their potential to improve overall well-being. They often contain added minerals, vitamins, and antioxidants that can support various health goals, from enhancing skin health to improving digestive function. This appeal to health-conscious consumers, particularly millennials and Gen Z, has driven a shift away from sugary beverages like sodas and energy drinks, further boosting the demand for plant-based waters. Companies have also capitalized on this demand by diversifying their product offerings and innovating with different flavors and blends, often combining various plant waters to cater to a wider audience.

The rise of the alternative waters market can also be attributed to the growing environmental concerns surrounding traditional bottled water, which is associated with plastic waste. Plant-based waters are perceived to be more sustainable in comparison, as many of these beverages come from renewable resources and are often packaged in eco-friendly containers. As sustainability becomes a key consideration for consumers, especially in developed markets, the alternative waters segment is well-positioned to benefit from this growing eco-conscious mindset. The expansion of plant-based waters, along with their numerous health benefits and environmentally friendly packaging, makes them a formidable contender in the global beverage market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Alternative Waters (Plant Based Waters) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Health Consciousness and Demand for Natural Beverages
        2. Increasing Preference for Low-Calorie, Hydrating Drinks
        3. Growing Popularity of Sustainable and Eco-Friendly Products
      2. Restraints
        1. High Production and Sourcing Costs
        2. Limited Awareness and Education Among Consumers
        3. Stringent Regulatory Standards and Labeling Requirements
      3. Opportunities
        1. Expansion of Product Portfolio with New Plant-Based Water Varieties
        2. Potential for Growth in Emerging Markets with Changing Lifestyles
        3. Innovation in Packaging Solutions for Sustainability and Convenience
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Alternative Waters (Plant Based Waters) Market, By Type, 2021 - 2031 (USD Million)
      1. Coconut Water
      2. Maple Water
      3. Birch Water
      4. Others
    2. Global Alternative Waters (Plant Based Waters) Market, By Application, 2021 - 2031 (USD Million)
      1. Flavored
      2. Natural
    3. Global Alternative Waters (Plant Based Waters) Market, By Distribution Channel,2021 - 2031 (USD Million)
      1. Offline Retail
      2. Online Stores
    4. Global Alternative Waters (Plant Based Waters) Market, By Geography,2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. The Coca-Cola Company
      2. PepsiCo Inc
      3. Oviva
      4. All Market
      5. Caliwater
      6. WTRMLN WTR
      7. ARTY Water
      8. Sibberi Tree Water
      9. Happy Tree Maple Water
      10. Harmless Harvest
      11. Drink Simple
      12. Stea
  7. Analyst Views
  8. Future Outlook of the Market