GCC Natural Mineral Water Market Growth, Rising Trends, Revenue, Key Players, Challenges, Business Opportunities and Future Share 2023-2033: SPER Market Research
Natural mineral water is a form of water that is obtained from safe subsurface sources and is defined by its mineral consistency and purity. It is acquired without passing through any chemical processes or filtration procedures, guaranteeing its unaltered natural nature. This water’s important minerals, including calcium, magnesium, chloride, sodium, and sulphate, contribute to its balanced qualities and health advantages. Natural mineral water delivers a revitalising and healthy drinking experience thanks to its distinct flavour and mineral composition.
According to SPER Market Research, ‘GCC Natural Mineral Water Market Size- By Size, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the GCC Natural Mineral Water Market is predicted to reach USD XX billion by 2033 with a CAGR of XX%.
Several important aspects that support the industry’s growth and development are what drive the natural mineral water market in the GCC. Natural mineral water usage has been promoted by the focus on sustainability and environmental awareness because it comes from protected subsurface reservoirs and doesn’t require a lot of processing. The industry’s expansion has also been aided by the growing retail sector and the accessibility of natural mineral water through a variety of distribution channels. Overall, the GCC natural mineral water sector is expanding as a result of rising health and wellness awareness, travel trends, sustainability, and the retail market.
However, there are also challenges facing the GCC Natural Mineral Water market. In the market for natural mineral water, adherence to certification requirements and regulatory norms is crucial. It can be challenging and time-consuming to follow laws pertaining to water quality, labelling, and health claims. Additionally, the GCC region’s economic ups and downs can have an effect on consumer spending habits and the overall market demand for natural mineral water.
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The natural mineral water market in the GCC has been significantly impacted by the COVID-19 outbreak. One of the main repercussions has been the disruption of the supply chain and distribution systems, which has put market participants at a logistical disadvantage. Demand for natural mineral water decreased as a result of the closure of hotels, restaurants, and tourist attractions, which are key consumers of the product. In addition, the pandemic’s effects on the economy have lowered consumer purchasing power, which has reduced consumption as a whole. However, since consumers prioritise safe and healthy drinking options, the focus on hygiene and health during the epidemic has opened up prospects for the sector. In general, the pandemic has brought possibilities and difficulties to the GCC natural mineral water business.
Geographically, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates are the primary market players in the GCC (Gulf Cooperation Council) natural mineral water market. Due to variables including climate, a lack of water in some locations, and a preference for clean, high-quality drinking water, these nations have a strong demand for natural mineral water. Saudi Arabia and the United Arab Emirates are two of these nations that are regarded as major players in the industry because of their substantial populations and high levels of consumer expenditure. In addition, some of the market key players are Al Ain Food & Beverages PJSC, National Mineral Water Company (SAOG), Nestlé S.A., PepsiCo, Inc., others.
For More Information about this Report: –
GCC Bottled Water Market Forecast
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