Flavored and Functional Water Market, By Products (Flavored Water, Functional Water), and By Region (North America, Europe, Asia Pacific, Latin America, MEA) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Flavored and functional water are beverages that contain additional substances such as artificial/natural flavors, minerals, vitamins and sweeteners. Flavored water is a type of purified water with added flavors. It is a combination of minerals water with various fruit juices concentration.
The global flavored and functional water market is estimated to account for US$ 36,708 Mn in terms of value by the end of 2021.
Market Dynamics
Increasing international trade of such beverages coupled with the expansion of the food and beverage industry is projected to serve major growth opportunities over the forecast period. Growing awareness regarding the health benefits of such healthy drinks is propelling demand for flavored and functional water. Moreover, the rising prevalence of vitamin deficiency disease among consumers is further expected to augment the market growth of flavored and functional water.
Rapid urbanization coupled with the increasing adoption of healthy lifestyle among urban people thereby increasing preference for flavored and functional water is propelling the market growth. According to the United Nations, today, 55% of the world’s population lives in urban areas, a proportion that is expected to increase to 68% by 2050. Projections show that rapid urbanization, the gradual shift from rural to urban areas, combined with the overall growth of the world’s population could add another 2.5 billion people to urban areas by 2050.
Key features of the study:
This report provides in-depth analysis of the global flavored and functional water market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
This study also provides impact analysis of Coronavirus (Covid-19) pandemic on global flavored and functional water market.
It profiles key players in the global flavored and functional water market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study Groupe Danone, Nestle SA, The Coca-Cola Company, PepsiCo, Hint Water, New York Spring Water, Kraft Foods, Balance Water Company, and Sunny Delight Beverages Company Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global l flavored and functional water market report caters to various stakeholders in this industry including investors, suppliers, global flavored and functional water manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global flavored and functional water market
Detailed Segmentation:
Global flavored and functional water Market, By Products:
Flavored Water
Functional Water
Global flavored and functional water Market, By Region:
North America
U.S.
By Products:
Flavored Water
Functional Water
Canada
By Products:
Flavored Water
Functional Water
Europe
U.K.
By Products:
Flavored Water
Functional Water
Germany
By Products:
Flavored Water
Functional Water
France
By Products:
Flavored Water
Functional Water
Italy
By Products:
Flavored Water
Functional Water
Spain
By Products:
Flavored Water
Functional Water
Russia
By Products:
Flavored Water
Functional Water
Rest of Europe
By Products:
Flavored Water
Functional Water
Asia Pacific
China
By Products:
Flavored Water
Functional Water
India
By Products:
Flavored Water
Functional Water
Japan
By Products:
Flavored Water
Functional Water
ASEAN
By Products:
Flavored Water
Functional Water
Australia
By Products:
Flavored Water
Functional Water
South Korea
By Products:
Flavored Water
Functional Water
Rest of Asia Pacific
By Products:
Flavored Water
Functional Water
Latin America
Brazil
By Products:
Flavored Water
Functional Water
Mexico
By Products:
Flavored Water
Functional Water
Rest of Latin America
By Products:
Flavored Water
Functional Water
Middle East & Africa
Middle East
By Products:
Flavored Water
Functional Water
Africa
By Products:
Flavored Water
Functional Water
Company Profiles
Groupe Danone*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Nestle SA
The Coca-Cola Company
PepsiCo
Hint Water
New York Spring Water
Kraft Foods
Balance Water Company
Sunny Delight Beverages Company
“*” marked represents similar segmentation in other categories in the respective section.
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