Global Flavored Functional Water Market size, Trends and Growth opportunity, By Product (Flavored
Water and Functional Water), By Region and Forecast Till 2027.
Global Flavored Functional Water Market
The Global Flavored Functional Water market was valued at US$ 4 billion in 2021 and it is expected
to reach at US$ 36 billion in 2027 at a CAGR of 11.5% during forecast period 2022-2027.
A nutritious beverage that gives you quick energy is flavour-infused water. A notable growth in
health-related concerns is a result of rapid urbanisation and a fast-paced way of life. Customers are
turning to goods that are affordable and do not harm their health as a result. Flavoured and useful
water comes in attractive packaging and bottles and is easily accessible.
Market Drivers
Purified water is blended with flavour and useful water made from herbs, minerals, and vitamins. It
also contains micronutrients, which have positive health effects. To gain market supremacy, top
brands are spending money and concentrating on new technology. However, the market for
flavoured and functional water is growing as a result of the young generation& emphasis on fitness.
It is not the only thing driving the market for flavoured and functional water, a growing population
and shifting customer preferences are also important factors.
Market Restraint
The availability of substitute products at usually similar prices, a balance between flavor, sugar, and
other substances, and escalating campaigns against packed bottles are some of the key obstacles
facing the global flavored and functional market.
COVID-19 Impact on Flavored Functional Water Market
With the outbreak of covid-19 the government-imposed lockdown and stay-at-home orders, which
caused people to work from home and exercise at home, the covid-19 epidemic had an adverse
influence on many businesses. At first, this hurt sales of energy and sports drinks, but later, the
demand for products with qualities that improve performance, cognition, the immune system, and
other factors is increasing, which influence the growth of this industry.
Market Segmentation
The global flavored functional water market segmented on the basis of product and it further
segmented into flavored water and functional water.
Regional Analysis
The global flavored functional water market segmented into five regions North America, Europe,
Latin America, Asia Pacific, Middle East and Africa. The market for flavoured and useful water is most
prevalent in the United States. Due to the high rate of urbanisation and rising disposable income in
the Asia-Pacific region, this industry is anticipated to expand.
Key Players
Various key players are listed in this report such as Hint Water, Nestle Water, Herbal Water, PepsiCo,
The Coca-Cola Company, Groupe Danone, New York Spring Water, Kraft Foods, Balance Water
Company, and Sunny Delight Beverage Company.
Market Taxonomy
By Product
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