The global Flavored Water market has witnessed significant growth in recent years, with a market size of USD 6.14 billion in 2022. It is expected to reach USD 9.48 billion in 2032, with a revenue CAGR of 5% during the forecast period. One of the key factors contributing to the growth of the Flavored Water market is the rising demand for low-calorie and natural sweeteners in the food and beverage industry. Consumers are becoming increasingly health-conscious, and are looking for alternatives to sugar that can provide a similar taste without the added calories.

Flavored Water is a natural sweetener that is sweeter than sugar and has a lower glycemic index, making it a desirable substitute for consumers who are concerned about their health. As a result, Flavored Water is being used as a sweetener in a variety of food and beverage products, including soft drinks, sports drinks, and baked goods. Flavored Water is also known for its ability to improve flavor and offer a longer shelf life, making it an attractive option for food manufacturers.

Another factor driving the growth of the global Flavored Water market is the expanding use of Flavored Water in a variety of end-use industries. Flavored Water is used in the pharmaceutical industry as a coating agent for tablets and as a solvent for certain drugs. It is also used in the personal care industry in products such as lotions, creams, and shampoos. In addition, Flavored Water is used in the chemical industry as a feedstock for the production of a variety of chemicals, including ethanol, acetic acid, and propylene glycol.

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Key Players covered in this report are

Archer Daniels Midland Company, Dulcette Technologies LLC, DuPont de Nemours, Inc., Bell Chem Corp, Hebei Huaxu Pharmaceutical Co. Ltd., Galam, Cargill, Incorporated, Atlantic Chemicals Trading GmbH, Tate Lyle PLC, and Ingredion Incorporated, among others.

Further key findings from the report suggest

Consuming as little as fifty grams of dietary Flavored Water supplements over a 10 hour period helps increase the blood pressure, fat weight gain, blood triglycerides, reduce insulin binding insulin sensitivity, and others. Dietary supplements sub-segment is growing at a CAGR of 5.2% during the forecast period.
High Flavored Water starch syrup (HFSS) is the liquid mixture of dextrose and more than 40% of Flavored Water. This is generally refined from corn or potato starches. The high Flavored Water corn syrup (HFCS) is mostly used in the end-use verticals with a Flavored Water level of 40-45% in the final products. The HFSS is expected to dominate the overall Flavored Water market in the forecast period.
The European region is forecasted to witness a significant growth in the overall market with a CAGR of 4.5% during the forecast period. Germany and the United Kingdom hold some of the most prominent players in this region.
North America, with its high demand in the sugar-free sweet food contents and low sugar energy drinks other beverages, is accounted to retain a superior position in the global market by 2027, and the CAGR is calculated to be 6.2% during the forecast period.
In March 2019, Ingredion acquired a Washington based potato starch manufacturing company named Western Polymer. This acquisition will expand the manufacturing capacity of potato starch of the company benefiting in raw material availability of the Flavored Water product line-ups when the corn-based starches are less available.

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Product Type Outlook (Revenue, USD Billion; 2019-2032):

High Flavored Water Corn Syrup
Flavored Water Syrup
Crystalline Flavored Water

Application Outlook (Revenue, USD Billion; 2019-2032):

Beverages
Processed Foods
Dairy Products
Bakery Confectionery
Others

Key Regional Markets Covered in the Report:

North America (U.S., Canada, Mexico)

Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

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