Birch Water Market Surpass $2.4 Billion & Expected to witness Healthy Growth at 7.2% CAGR through 2031
WILMINGTON, NEW CASTLE, DELAWARE 19801 USA, UNITED STATES, November 27, 2023 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Birch Water Market," The birch water market size was valued at $1.2 billion in 2021, and is estimated to reach $2.4 billion by 2031, growing at a CAGR of 7.2% from 2022 to 2031.
The Global Birch Water Market is expected to witness a significant demand in the upcoming future owing to its growing demand among consumers. The high nutritional value of birch water makes it a super drink and its rising popularity and growing awareness among consumers regarding the health benefits of birch water are expected to boost the growth of the birch water industry.
𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝗠𝗼𝗿𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗦𝗮𝗺𝗽𝗹𝗲 : https://www.alliedmarketresearch.com/request-sample/16042
Top Companies Featuring:-
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, 𝐚𝐧𝐝 𝐁𝐞𝐥𝐒𝐞𝐯𝐚.
The rising applications of birch water across various industry verticals such as the pharmaceuticals, nutraceuticals, and cosmetics industries is expected to drive the birch water market demand in the forthcoming years. The various health benefits and medicinal properties present in birch water can be an effective medium for treating various diseases such as arthritis, hair fall, gout, nephrolithiasis, and rheumatism. Therefore, the rising prevalence of various diseases among the population coupled with increasing awareness regarding birch water-based medicines is expected to drive the birch water market growth during the forecast period.
However, the lower product penetration, high prices, and low awareness regarding the birch sap among consumers in developing nations may act as a major restrain that may hamper the market growth during the forecast period.
𝗧𝗮𝗹𝗸 𝘁𝗼 𝗼𝘂𝗿 𝗘𝘅𝗽𝗲𝗿𝘁 : https://www.alliedmarketresearch.com/connect-to-analyst/16042
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, the Middle East, and Africa).
As per the birch water market forecast, based on type, the non-carbonated segment dominated the market, accounting for 84.2% of the birch water market share in 2021. Carbonated drinks can cause bloating, burping, and other gas symptoms which is a major reason that majority of the consumers are opting for regular or non-carbonated birch sap. The availability of birch water in a variety of flavors such as watermelon, blueberry, raspberry, lemon, mint, mango, and apple ginger attracts a huge number of different customers.
As per the birch water market trends, on the basis of application, the pharmaceuticals segment is expected to witness the highest CAGR of 8.0% during the forecast period. Birch water has certain properties that can be effective in the treatment of various diseases such as arthritis, gout, nephrolithiasis, and rheumatism. Moreover, birch water can reduce hair fall by strengthening hair and can clarify skin. These properties of birch water to effectively treat diseases are expected to drive the growth of this segment during the forecast period.
𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝘁𝗼 𝗣𝗿𝗼𝗰𝘂𝗿𝗲 𝘁𝗵𝗲 𝗗𝗮𝘁𝗮? 𝗜𝗻𝗾𝘂𝗶𝗿𝗲 : 𝗵𝘁𝘁𝗽𝘀://𝘄𝘄𝘄.𝗮𝗹𝗹𝗶𝗲𝗱𝗺𝗮𝗿𝗸𝗲𝘁𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵.𝗰𝗼𝗺/𝗽𝘂𝗿𝗰𝗵𝗮𝘀𝗲-𝗲𝗻𝗾𝘂𝗶𝗿𝘆/𝟭𝟲𝟬𝟰𝟮
As per the birch water market opportunity, depending on the nature, the organic segment is expected to grow at the highest CAGR, during the forecast period, owing to the growing popularity and adoption of chemical-free and healthy food and beverages products. The growing demand for organic and natural products, as well as the health benefits of organic food and non-food products, are the two main factors driving the growth of the organic birch water market.
Based on the distribution channel, direct distribution is expected to be the fastest-growing segment during the forecast period. An increase in digitalization in direct distribution channels has made the work of manufacturers easier and smoother. Manufacturers are promoting their products on social media platforms such as Facebook, Instagram, Twitter, and Google either directly or by digital marketing. Thus, digitalization has helped manufacturers in the expansion of customer base, enhance their brand image, and track their goods.
Region-wise, Europe was the dominant market with 39.8% of the revenue share in 2021. The increasing popularity of healthy functional drinks, the desired decrease in sugar and energy intake, and new flavor launches are the leading drivers behind the growing interest in the birch water market in Europe.
𝗕𝘂𝘆 𝗡𝗼𝘄 𝗮𝗻𝗱 𝗚𝗲𝘁 𝗗𝗶𝗿𝗲𝗰𝘁 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗢𝗿𝗱𝗲𝗿 : 𝗵𝘁𝘁𝗽𝘀://𝘄𝘄𝘄.𝗮𝗹𝗹𝗶𝗲𝗱𝗺𝗮𝗿𝗸𝗲𝘁𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵.𝗰𝗼𝗺/𝗰𝗵𝗲𝗰𝗸𝗼𝘂𝘁-𝗳𝗶𝗻𝗮𝗹/𝟮𝗱𝟯𝗱𝗮𝗮𝟭𝟮𝟲𝟭𝗳𝟰𝗯𝗮𝟯𝗯𝟬𝟰𝗮𝗯𝟭𝗮𝟴𝟴𝟯𝗰𝟯𝗱𝗰𝟬𝟱𝟵
𝗞𝗲𝘆 𝗳𝗶𝗻𝗱𝗶𝗻𝗴𝘀 𝗼𝗳 𝘁𝗵𝗲 𝘀𝘁𝘂𝗱𝘆
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.
By type, the carbonated segment is estimated to witness the fastest growth, registering a CAGR of 7.8% during the forecast period.
In 2021, depending on application, the food and beverages segment was valued at $738.8 million, accounting for 60.4% of the global birch water market share.
In 2021, the U.S. was the most prominent market in North America, and is projected to reach $555.0 million by 2031, growing at a CAGR of 6.8% during the forecast period.
𝐁𝐫𝐨𝐰𝐬𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :-
𝐂𝐡𝐚𝐦𝐩𝐚𝐠𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐭𝐨 𝐑𝐞𝐚𝐜𝐡 $𝟕.𝟒𝟏 𝐁𝐧, 𝐆𝐥𝐨𝐛𝐚𝐥𝐥𝐲, 𝐛𝐲 𝟐𝟎𝟐𝟔: 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡
https://www.globenewswire.com/news-release/2020/04/29/2024386/0/en/Champagne-Market-to-Reach-7-41-Bn-Globally-by-2026-Allied-Market-Research.html
𝐂𝐢𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐭𝐨 𝐆𝐚𝐫𝐧𝐞𝐫 $𝟐𝟔.𝟐𝟏 𝐁𝐧, 𝐆𝐥𝐨𝐛𝐚𝐥𝐥𝐲, 𝐛𝐲 𝟐𝟎𝟑𝟏 𝐚𝐭 𝟓.𝟎% 𝐂𝐀𝐆𝐑: 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡
https://www.prnewswire.com/news-releases/cider-market-to-garner-26-21-bn-globally-by-2031-at-5-0-cagr-allied-market-research-301492420.html
𝐓𝐨𝐧𝐢𝐜 𝐖𝐚𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐭𝐨 𝐆𝐚𝐫𝐧𝐞𝐫 $𝟏.𝟏𝟔 𝐁𝐧, 𝐆𝐥𝐨𝐛𝐚𝐥𝐥𝐲, 𝐛𝐲 𝟐𝟎𝟐𝟕 𝐚𝐭 𝟕.𝟑% 𝐂𝐀𝐆𝐑, 𝐒𝐚𝐲𝐬 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡
https://www.prnewswire.com/news-releases/tonic-water-market-to-garner-1-16-bn-globally-by-2027-at-7-3-cagr-says-allied-market-research-301168526.html
David Correa
Allied Analytics LLP
+ +1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
