Analysis on Impact of COVID-19: Packaged Cactus Water Market 2020-2024 | Evolving Opportunities with CALIWATER and EVISSI USA LLC | Technavio

Loading...
Loading...

The global packaged cactus water market is expected to grow by USD 21.93 million as per Technavio. This marks a significant market growth compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. Steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 21%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200810005430/en/

Technavio has announced its latest market research report titled Global Packaged Cactus Water Market 2020-2024 (Graphic: Business Wire)

Request challenges and opportunities that influence COVID-19 pandemic - Request Free Sample Report on COVID-19 Impacts

Read the 120-page report with TOC on "Packaged Cactus Water Market Analysis Report by Geography (Americas, EMEA, and APAC) and the Segment Forecasts, 2020-2024".

https://www.technavio.com/report/packaged-cactus-water-market-industry-analysis

The market is driven by an increase in product launches. In addition, the product distribution expansion by packaged cactus water is anticipated to boost the growth of the packaged cactus water market.

The global packaged cactus water market has a limited number of players. Hence, vendors are focusing on the introduction of new products with attractive flavors and labeling to capture a significant share in the market. Some vendors are also focusing on expansion strategies to widen the reach of their products in new regions. In March 2020, Cactus Water launched a new line of functional cactus water under the brand name, ¡CACTUS. The product contains cactus hydrocolloid, which helps boost hydration, retention, and absorption. Such innovative product launches are fueling the growth of the global packaged cactus water market.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Packaged Cactus Water Companies:

CALIWATER

CALIWATER operates its business through a unified segment. The company offers packaged cactus water in a range of flavors that includes Original Wild Prickly Pear, Cactus + Peach, and Cactus + Berry flavor.

EVISSI USA LLC

EVISSI USA LLC operates its business through a unified segment. The company offers cactus water extracted from the Dragon Fruit cactus sourced from Thailand and Vietnam.

Lauro Co.

Lauro Co. operates its business through a unified segment. The company offers Sparkling Cactus Water. It is made using prickly pear cactus and is gluten-free and non-GMO cactus based hydration drink.

Pricklee LLC

Pricklee LLC operates its business through a unified segment. The company offers a range of prickly pear cactus water cans and kits, which includes flavors such as plain pricklee superfruit water, strawberry hibiscus flavor, and mango ginger flavor.

The Cactus Water Co. LLC

The Cactus Water Co. LLC operates its business through a unified segment. The company offers organic cactus water which is made using Nopal cactus leaf juice used for recovering hydration and refreshment.

Loading...
Loading...

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Packaged Cactus Water Market Geography Outlook (Revenue, USD Million, 2020-2024)

  • Americas
  • EMEA
  • APAC

Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Request a free sample report

Related Reports on Consumer Staples Include:

Global Packaged Coconut Water Market – Global packaged coconut water market by product (packaged flavored coconut water and packaged plain coconut water) and geography (APAC, Europe, MEA, North America, and South America).

Global Organic Edible Oil Market – Global organic edible oil market by product (organic soybean oil, organic olive oil, organic canola oil, and OOEO) and geographic landscape (APAC, North America, Europe, South America, and MEA).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Loading...
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...