Functional Water Market | Discover Top Segments, Trends, Drivers and Challenges

The Global functional water market is expected to grow by $ 5.76 bn, accelerating at a CAGR of almost 7.78% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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Functional Water Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• The Functional Water Market is segmented by Product (Flavored functional water and Unflavored functional water) and Geography (APAC, North America, Europe, South America, and MEA).
• 41% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Functional Water Market size.

Functional Water Market: Top Trends, Drivers, Challenges to drive Market Recovery

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• A key market driver for the Functional Water Market will be health-conscious among consumers.
• Increasing visibility through retail shelves is another factor that will be instrumental in driving market growth during the forecast period.
• Availability of low-cost alternative drinks is a hurdle that needs to be crossed on the path to success.

Functional Water Market: Vendor Analysis

• The market is fragmented.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• Bridgepoint Group plc, Danone SA, Disruptive Beverages Inc., Nestle SA, NYSW Beverage Brands Inc., PepsiCo Inc., Sunsweet Growers Inc., Suntory Holdings Ltd., and Trimino Brands are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of almost 7.78%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 5.76 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Health-conscious among consumers will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   41% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Bridgepoint Group plc, Danone SA, Disruptive Beverages Inc., Nestle SA, NYSW Beverage Brands Inc., PepsiCo Inc., Sunsweet Growers Inc., Suntory Holdings Ltd., and Trimino Brands
    
7. What are the market segments covered in this report?
   The market is segmented by Product (Flavored functional water and Unflavored functional water) and Geography (APAC, North America, Europe, South America, and MEA)

Functional Water Market Size to Grow by $ 4.65 bn through 2020-2024 | Forecast and Trend Analysis

Technavio has been monitoring the functional water market and it is expected to grow by $ 4.65 bn, accelerating at a CAGR of almost 7% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Functional Water Market: Emerging Trends to Impact Market Growth

Growing interest in functional water with herbal ingredients to emerge as a key trend in the industrial functional water market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Functional Water Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. DALLANT SA, Danone SA, Disruptive Beverages Inc., Keurig Dr Pepper Inc., Nestle SA, PepsiCo Inc., PREMIUM MIX GROUP Sl, The Coca Cola Co., The Kraft Heinz Co., and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market:Download a Free Sample Report

Technavio has been monitoring the Global Functional Water Market and it is expected to grow by USD 4.65 billion accelerating at a CAGR of almost 7% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report

Functional Water Market: increasing preferenc for functional beverages over other beverages

One of the primary factors that will trigger the growth of the Functional Water Market size is the growing population of health-conscious consumers who prefer functional beverages over other bottled drinks. The health benefits of consuming functional water are attributable to the presence of minerals, vitamins, herbs and other essential elements. Consumers are aware of the fact that the functional beverages contain quality ingredients that provide additional health benefitts and hence are inclined to opt for functional water over other beverages. Moreover a significant size of consumer population prefers bottled water due to the increasing rate of tap water contamination.  

Functional Water Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. DALLANT SA, Danone SA, Disruptive Beverages Inc., Keurig Dr Pepper Inc., Nestle SA, PepsiCo Inc., PREMIUM MIX GROUP Sl, The Coca Cola Co., The Kraft Heinz Co., and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report