Edible Water Bottles Market

SKU: DMFB2186 | Last Updated On: Aug 03 2022 | Available Formats

> Edible Water Bottles Market Expected to reach a high CAGR of 6% By 2029: DataM Intelligence

Edible Water Bottles Market is segmented By Type (Plain Water, Mineral Water, Sparkled Water, Flavored Water, Others), By Distribution Channel (Direct Sales, E-Commerce Sales, Retail Sales), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Edible water bottles market is growing at a CAGR of over 6% during the forecast period 2022-2029. An edible water bottle, simply called a water ball is a globule of water surrounded by a transparent sachet made from seaweed and chloride. These water containers are biodegradable and can be used as a sustainable alternative to plastic bottles. The large-scale utilization of plastic as packaging material in food, beverages, and other consumer products across the globe is resulting in severe environmental pollution and harming marine ecosystems. The non-biodegradable nature of plastic is also posing adverse effects on mankind, thus motivating the development of biodegradable packaging materials such as edible water bottles.

Market Dynamics:

The rising utilization of plastic and awareness of its adverse effects on the environment are the major factors for the growth of the edible water bottles market. The utilization of plastic has been constantly increasing with the rising consumption of bottled water across the globe. According to Plastic Oceans International, global plastic production reached 335 million metric tons in 2017 and over 50% of this is used for single-use applications. Furthermore, bottled water emerged as the largest beverage category in the U.S. market with a consumption volume of 13.7 billion gallons in 2018 which is 7% higher than the previous year. The environmental protection bodies laid efforts for the reduction of plastic consumption and are motivating the development of effective alternatives such as edible water bottles. Several governments are also commissioning regulations for limiting the use of plastic bottles. The bans imposed on the use of single-use plastic are likely to increase the demand for edible water bottles in the near future.

Geographical Presentation:

By Geography, the North America edible water bottles market is the leading global market. The technological advancements and presence of edible water bottle manufacturers such as Nomaco Limited are increasing the utilization in the U.S., thus supporting the growth in the North American region.

Edible Water Bottles Market Scope

Metrics

Details

Market CAGR

6%

Segments Covered

By Type, By Distribution Channel, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

Trending Topics

North America Edible Water Bottles Market

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