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2021
Functional Water Market

Functional Water Market by Product (Flavored Functional Water and Unflavored Functional Water), Type (Vitamins, Proteins, and Others), Packaging (Pet Bottles, Can, and Others) and Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialty Stores, and Online Sales Channel): Global Opportunity Analysis and Industry Forecast 2021–2030

A13718
Pages: 328
Sep 2021 | 150 Views
   
Author(s) : Aniket Kadam , Roshan Deshmukh
Tables: 166
Charts: 74
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global functional water market size was valued at $5,220.0 million in 2020, and is projected to reach $10,954.0 million by 2030, registering a CAGR of 7.8%.

Functional water is induced with oxygen and various ingredients. Functional water can be flavored and unflavored. There are different types of functional water such as vitamin functional water, protein functional water, mineral functional water, botanical functional water, and oxygen functional water.

Functional-Water-Market,-2021-2030

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The functional water is gaining momentum in the market due to health benefits and nutritional properties. The consumers have started to consume beverages with additional vitamins and proteins that can keep body hydrated for long period of time. The athletes and marathoners need beverages that can keep their body hydrated for the long run by consuming small amounts of hydrated drink. This factor has increased the demand for functional water induced with various flavors, nutrients, proteins, vitamins, minerals, botanicals, and oxygen. Thus, value added hydration evolving consumer preferences is boosting the growth of functional water market during the forecast period.

The functional water packed in cans, and bottles are high in price as compared to cartons and pouches. These high-priced products cannot be afforded by low- and middle-income groups. The countries such as Bangladesh, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, and Sri Lanka have seen decline in sales of functional water. The reason is that more than 40% of people are low- and middle-income groups. The functional water acts as a premium product in these countries and is attributed as high-priced products. As a result, the high cost of functional water acts as a restraint for the growth of market during the forecast period.

The concerns about environmental degradation about packaging of functional water are growing. As a result, there is a greater emphasis on the development of recyclable and environmentally friendly bottles and cans packaging materials. This is expected to open up lucrative opportunities for various market players in the functional water market, making it a profitable business in the long term for major players in this market. For example, the Coco-Cola company has launched pet bottles which can be recycled and reused easily without harming environment. Hence, the eco-friendly packaging of functional water is creating new opportunities for the growth of functional water market.

The COVID-19 pandemic had a both positive and negative impact on global functional water market due to supply chain disruptions. But the removal of lockdowns is expected to expand the market in the coming years. The rise in adoption of functional water post-pandemic is creating new opportunities for the growth of market.  

According to the functional water market analysis, the global functional water market is segmented based on product, type, packaging, distribution channel, and region. Based on the product, the market is fragmented into flavored functional water and unflavored functional water. In 2020, the flavored functional water segment accounted for the largest share in the global market, owing to the rising trend of functional water added with various flavors which is popular among all age group people.

Functional Water Market
By Product

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Flavored functional water segment is expected to grow at highest CAGR of 8.8% during the forecast period

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Based on the type, the global functional water market is segregated into vitamins, proteins, and others (minerals, botanicals, and oxygen). In 2020, the vitamin segment accounted for the largest share in the global market, owing to the nutritional properties and low sugar content of vitamin functional water.

Functional Water Market
By Type

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Protein segment is expected to grow at highest CAGR of 11.9% during the forecast period.

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Based on the packaging, the global functional water market is segregated into pet bottles, can, and others. In 2020, the pet bottles segment accounted for the largest share in the global market, as pet bottles are popular due to their better durability, minimal damage, and ease of transportation.

Functional Water Market
By Packaging

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Others segment is expected to grow at highest CAGR of 9.9% during the forecast period.

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Based on the distribution channel, the market is categorized into supermarkets & hypermarkets, convenience stores, specialty stores, online sales channel. In 2020, the specialty stores segment accounted for the largest share in the global market, as specialty stores provide high service quality and detail product specification & expert guidance to the consumers.

Functional Water Market
By Distribution Channel

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Online sales channel segment is expected to grow at highest CAGR of 12.6% during the forecast period.

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The global functional water market is segmented based on region into North America, Europe, Asia-Pacific, and LAMEA. The North American functional water market had a dominant functional water market share in the world in 2020, and is expected to maintain its dominance during the functional water market forecast period.

Functional Water Market
By Regions

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific dominates the market and is expected to grow at highest CAGR of 10.1% during the forecast period.

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Easy availability of functional water in diversified platforms ranging from modern trade to online sales channel have resulted in expansion of global market. Moreover, increasing penetration of retail sales have augmented the functional water market growth. In parallel, availability of functional water on e-commerce platforms have resulted in convenience to buy goods without any physical constraints to the consumers.

The prominent functional water industry players include PepsiCo, Coca Cola, Dr Pepper Snapple, Nestle, Group Danone, Hind, Sunny Delight Beverages, Kraft Foods., Tata Global Beverages, Sunsweet Growers Inc., Suntory Holdings Ltd., Trimino Brands, Disruptive Beverages Inc., and Bridgepoint Group plc.

Product launch is the most important growth strategy used by market players, followed by collaboration and agreement, expansion, and acquisition. Several businesses have created innovative products to diversify their product offerings. Various companies use product launches to expand their market reach and serve global customers.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of current functional water market trends, estimations, and dynamics of the global functional water market from 2021 to 2030 to identify the prevailing functional water market opportunities.
  • Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global industry. The market player positioning segment facilitates benchmarking while providing a clear understanding of the present position of the key market players.
  • The report includes analyses of the regional as well as global market, key players, market segments, application areas, and growth strategies.

Key Market Segments

By Product

  • Flavored functional water
  • Unflavored functional water

By Type

  • Vitamins
  • Proteins
  • Others (Minerals, Botanicals, and Oxygen)

By Packaging

  • Pet bottles
  • Can
  • Others

By Distribution Channel

  • Supermarket/Hypermarket
  • Convenience Stores
  • Specialty Stores
  • Online Sales Channel

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Netherlands
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Saudi Arabia
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Snapshot
2.2.Key findings

2.2.1.Top investment pocket

2.3.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping global functional water industry/market

3.2.1.Bargaining power of suppliers
3.2.2.Bargaining power of buyers
3.2.3.Thereat of new entrants
3.2.4.Threat of substitutes
3.2.5.Intensity of competitive rivalry

3.3.Market dynamics

3.3.1.Drivers

3.3.1.1.Consumer inclination towards proper nutritional intake based water
3.3.1.2.Value added hydration evolving consumer preferences in functional water market
3.3.1.3.Rise in obese and diabetic populations across the globe

3.3.2.Restraint

3.3.2.1.High priced acts as restrain for market
3.3.2.2.Availability of numerous health drink alternatives

3.3.3.Opportunity

3.3.3.1.Increase in adoption in developing and developed economies
3.3.3.2.Eco friendly packaging of functional water

3.3.4.COVID-19 Impact Analysis
3.3.5.Pain Point Analysis
3.3.6.Value Chain Analysis
3.3.7.Impact of key regulations
3.3.8.Top player positioning, 2020

CHAPTER 4:GLOBAL FUNCTIONAL WATER MARKET, BY PRODUCT

4.1.Overview

4.1.1.Market size and forecast

4.2.Flavored functional water

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.2.3.Market analysis, by country

4.3.Unflavored functional water

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.3.3.Market analysis, by country

CHAPTER 5:GLOBAL FUNCTIONAL WATER MARKET, BY TYPE

5.1.Overview

5.1.1.Market size and forecast

5.2.Vitamin

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast
5.2.3.Market analysis, by country

5.3.Protein

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast
5.3.3.Market analysis, by country

5.4.Others

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast
5.4.3.Market analysis, by country

CHAPTER 6:GLOBAL FUNCTIONAL WATER MARKET, BY PACKAGING

6.1.Overview

6.1.1.Market size and forecast

6.2.Pet bottles

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast
6.2.3.Market analysis, by country

6.3.Can

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast
6.3.3.Market analysis, by country

6.4.Others

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast
6.4.3.Market analysis, by country

CHAPTER 7:GLOBAL FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL

7.1.Overview

7.1.1.Market size and forecast

7.2.Supermarkets & Hypermarkets

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast
7.2.3.Market analysis, by country

7.3.Convenience stores

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast
7.3.3.Market analysis, by country

7.4.Specialty Store

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast
7.4.3.Market analysis, by country

7.5.Online sales channel

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast
7.5.3.Market analysis, by country

CHAPTER 8:FUNCTIONAL WATER MARKET, BY REGION

8.1.Overview

8.1.1.Market size and forecast

8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by product
8.2.3.Market size and forecast, by type
8.2.4.Market size and forecast, by packaging
8.2.5.Market size and forecast, by distribution channel
8.2.6.Market size and forecast, by country
8.2.7.U.S.

8.2.7.1.Market size and forecast, by product
8.2.7.2.Market size and forecast, by type
8.2.7.3.Market size and forecast, by packaging
8.2.7.4.Market size and forecast, by distribution channel

8.2.8.Canada

8.2.8.1.Market size and forecast, by product
8.2.8.2.Market size and forecast, by type
8.2.8.3.Market size and forecast, by packaging
8.2.8.4.Market size and forecast, by distribution channel

8.2.9.Mexico

8.2.9.1.Market size and forecast, by product
8.2.9.2.Market size and forecast, by type
8.2.9.3.Market size and forecast, by packaging
8.2.9.4.Market size and forecast, by distribution channel

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by product
8.3.3.Market size and forecast, by type
8.3.4.Market size and forecast, by packaging
8.3.5.Market size and forecast, by distribution channel
8.3.6.Market size and forecast, by country
8.3.7.UK

8.3.7.1.Market size and forecast, by product
8.3.7.2.Market size and forecast, by type
8.3.7.3.Market size and forecast, by packaging
8.3.7.4.Market size and forecast, by distribution channel

8.3.8.Germany

8.3.8.1.Market size and forecast, by product
8.3.8.2.Market size and forecast, by type
8.3.8.3.Market size and forecast, by packaging
8.3.8.4.Market size and forecast, by distribution channel

8.3.9.France

8.3.9.1.Market size and forecast, by product
8.3.9.2.Market size and forecast, by type
8.3.9.3.Market size and forecast, by packaging
8.3.9.4.Market size and forecast, by distribution channel

8.3.10.Spain

8.3.10.1.Market size and forecast, by product
8.3.10.2.Market size and forecast, by type
8.3.10.3.Market size and forecast, by packaging
8.3.10.4.Market size and forecast, by distribution channel

8.3.11.Netherlands

8.3.11.1.Market size and forecast, by product
8.3.11.2.Market size and forecast, by type
8.3.11.3.Market size and forecast, by packaging
8.3.11.4.Market size and forecast, by distribution channel

8.3.12.Italy

8.3.12.1.Market size and forecast, by product
8.3.12.2.Market size and forecast, by type
8.3.12.3.Market size and forecast, by packaging
8.3.12.4.Market size and forecast, by distribution channel

8.3.13.Rest of Europe

8.3.13.1.Market size and forecast, by product
8.3.13.2.Market size and forecast, by type
8.3.13.3.Market size and forecast, by packaging
8.3.13.4.Market size and forecast, by distribution channel

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by product
8.4.3.Market size and forecast, by type
8.4.4.Market size and forecast, by packaging
8.4.5.Market size and forecast, by distribution channel
8.4.6.Market size and forecast, by country
8.4.7.China

8.4.7.1.Market size and forecast, by product
8.4.7.2.Market size and forecast, by type
8.4.7.3.Market size and forecast, by packaging
8.4.7.4.Market size and forecast, by distribution channel

8.4.8.Japan

8.4.8.1.Market size and forecast, by product
8.4.8.2.Market size and forecast, by type
8.4.8.3.Market size and forecast, by packaging
8.4.8.4.Market size and forecast, by distribution channel

8.4.9.India

8.4.9.1.Market size and forecast, by product
8.4.9.2.Market size and forecast, by type
8.4.9.3.Market size and forecast, by packaging
8.4.9.4.Market size and forecast, by distribution channel

8.4.10.South Korea

8.4.10.1.Market size and forecast, by product
8.4.10.2.Market size and forecast, by type
8.4.10.3.Market size and forecast, by packaging
8.4.10.4.Market size and forecast, by distribution channel

8.4.11.Australia

8.4.11.1.Market size and forecast, by product
8.4.11.2.Market size and forecast, by type
8.4.11.3.Market size and forecast, by packaging
8.4.11.4.Market size and forecast, by distribution channel

8.4.12.Rest of Asia-Pacific

8.4.12.1.Market size and forecast, by product
8.4.12.2.Market size and forecast, by type
8.4.12.3.Market size and forecast, by packaging
8.4.12.4.Market size and forecast, by distribution channel

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by product
8.5.3.Market size and forecast, by type
8.5.4.Market size and forecast, by packaging
8.5.5.Market size and forecast, by distribution channel
8.5.6.Market size and forecast, by country
8.5.7.Brazil

8.5.7.1.Market size and forecast, by product
8.5.7.2.Market size and forecast, by type
8.5.7.3.Market size and forecast, by packaging
8.5.7.4.Market size and forecast, by distribution channel

8.5.8.South Africa

8.5.8.1.Market size and forecast, by product
8.5.8.2.Market size and forecast, by type
8.5.8.3.Market size and forecast, by packaging
8.5.8.4.Market size and forecast, by distribution channel

8.5.9.Saudi Arabia

8.5.9.1.Market size and forecast, by product
8.5.9.2.Market size and forecast, by type
8.5.9.3.Market size and forecast, by packaging
8.5.9.4.Market size and forecast, by distribution channel

8.5.10.Rest of LAMEA

8.5.10.1.Market size and forecast, by product
8.5.10.2.Market size and forecast, by type
8.5.10.3.Market size and forecast, by packaging
8.5.10.4.Market size and forecast, by distribution channel

CHAPTER 9:COMPETITION LANDSCAPE

9.1.Top winning strategies
9.2.Product mapping
9.3.Competitive dashboard
9.4.Competitive heat map
9.5.Key developments

9.5.1.Acquisition
9.5.2.Business Expansion
9.5.3.Product Launch

CHAPTER 10:COMPANY PROFILES

10.1.Danone

10.1.1.Company overview
10.1.2.Key Executives
10.1.3.Company snapshot
10.1.4.Product portfolio
10.1.5.Business performance
10.1.6.Key strategic moves and developments

10.2.KEURIG DR PEPPER INC.

10.2.1.Company overview
10.2.2.Key Executives
10.2.3.Company snapshot
10.2.4.Operating business segments
10.2.5.Product portfolio
10.2.6.R&D Expenditure
10.2.7.Business performance
10.2.8.Key strategic moves and developments

10.3.Nestlé S.A

10.3.1.Company overview
10.3.2.Key Executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.R&D Expenditure
10.3.7.Business performance
10.3.8.Key strategic moves and developments

10.4.PEPSICO, INC.

10.4.1.Company overview
10.4.2.Key Executives
10.4.3.Company snapshot
10.4.4.Operating business segments
10.4.5.Product portfolio
10.4.6.R&D Expenditure
10.4.7.Business performance
10.4.8.Key strategic moves and developments

10.5.Sunny Delight Beverages

10.5.1.Company overview
10.5.2.Key Executives
10.5.3.Company snapshot
10.5.4.Product portfolio
10.6.Sunsweet Growers Inc.
10.6.1.Company overview
10.6.2.Key Executives
10.6.3.Company snapshot
10.6.4.Product portfolio

10.7.SUNTORY HOLDINGS LIMITED

10.7.1.Company overview
10.7.2.Key executives
10.7.3.Company snapshot
10.7.4.Operating business segments
10.7.5.Product portfolio
10.7.6.R&D expenditure
10.7.7.Business performance

10.8.THE COCA-COLA COMPANY

10.8.1.Company overview
10.8.2.Key Executives
10.8.3.Company snapshot
10.8.4.Operating business segments
10.8.5.Product portfolio
10.8.6.Business performance
10.8.7.Key strategic moves and developments

10.9.The Kraft Heniz Company

10.9.1.Company overview
10.9.2.Key Executives
10.9.3.Company snapshot
10.9.4.Operating business segments
10.9.5.Product portfolio
10.9.6.R&D Expenditure
10.9.7.Business performance

10.10.Trimino Brands

10.10.1.Company overview
10.10.2.Key Executives
10.10.3.Company snapshot
10.10.4.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL FUNCTIONAL WATER, MARKET BY PRODUCT, 2020–2030 ($MILLION)
TABLE 02.FLAVORED FUNCTIONAL WATER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 03.UNFLAVORED FUNCTIONAL WATER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 04.GLOBAL FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 05.VITAMIN FUNCTIONAL WATER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 06.PROTEIN FUNCTIONAL WATER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 07.OTHERS FUNCTIONAL WATER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 08.GLOBAL FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 09.PET BOTTLES FUNCTIONAL WATER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 10.CAN FUNCTIONAL WATER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 11.OTHERS FUNCTIONAL WATER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 12.GLOBAL FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 13.FUNCTIONAL WATER MARKET FOR SUPERMARKETS & HYPERMARKETS, BY REGION, 2020–2030 ($MILLION)
TABLE 14.FUNCTIONAL WATER MARKET FOR CONVENIENCE STORES, BY REGION, 2020–2030 ($MILLION)
TABLE 15.FUNCTIONAL WATER MARKET FOR SPECIALTY STORES, BY REGION, 2020–2030 ($MILLION)
TABLE 16.FUNCTIONAL WATER MARKET FOR ONLINE SALES CHANNEL, BY REGION, 2020–2030 ($MILLION)
TABLE 17.FUNCTIONAL WATER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 18.NORTH AMERICA FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 19.NORTH AMERICA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 20.NORTH AMERICA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 21.NORTH AMERICA FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 22.NORTH AMERICA FUNCTIONAL WATER MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 23.U.S. FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 24.U.S. FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 25.U.S. FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 26.U.S. FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 27.CANADA FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 28.CANADA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 29.CANADA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 30.CANADA FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 31.MEXICO FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 32.MEXICO FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 33.MEXICO FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 34.MEXICO FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 35.EUROPE FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 36.EUROPE FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 37.EUROPE FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 38.EUROPE FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 39.EUROPE FUNCTIONAL WATER MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 40.UK FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 41.UK FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 42.UK FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 43.UK FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 44.GERMANY FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 45.GERMANY FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 46.GERMANY FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 47.GERMANY FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 48.FRANCE FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 49.FRANCE FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 50.FRANCE FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 51.FRANCE FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 52.SPAIN FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 53.SPAIN FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 54.SPAIN FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 55.SPAIN FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 56.NETHERLANDS FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 57.NETHERLANDS FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 58.NETHERLANDS FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 59.NETHERLANDS FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 60.ITALY FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 61.ITALY FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 62.ITALY FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 63.ITALY FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 64.REST OF EUROPE FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 65.REST OF EUROPE FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 66.REST OF EUROPE FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 67.REST OF EUROPE FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 68.ASIA-PACIFIC FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 69.ASIA-PACIFIC FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 70.ASIA-PACIFIC FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 71.ASIA-PACIFIC FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 72.ASIA-PACIFIC FUNCTIONAL WATER MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 73.CHINA FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 74.CHINA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 75.CHINA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 76.CHINA FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 77.JAPAN FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 78.JAPAN FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 79.JAPAN FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 80.JAPAN FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 81.INDIA FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 82.INDIA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 83.INDIA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 84.INDIA FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 85.SOUTH KOREA FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 86.SOUTH KOREA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 87.SOUTH KOREA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 88.SOUTH KOREA FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 89.AUSTRALIA FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 90.AUSTRALIA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 91.AUSTRALIA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 92.AUSTRALIA FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 93.REST OF ASIA-PACIFIC FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 94.REST OF ASIA-PACIFIC FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 95.REST OF ASIA-PACIFIC FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 96.REST OF ASIA-PACIFIC FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 97.LAMEA FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 98.LAMEA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 99.LAMEA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 100.LAMEA FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 101.LAMEA FUNCTIONAL WATER MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 102.BRAZIL FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 103.BRAZIL FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 104.BRAZIL FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 105.BRAZIL FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 106.SOUTH AFRICA FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 107.SOUTH AFRICA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 108.SOUTH AFRICA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 109.SOUTH AFRICA FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 110.SAUDI ARABIA FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 111.SAUDI ARABIA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 112.SAUDI ARABIA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 113.SAUDI ARABIA FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 114.REST OF LAMEA FUNCTIONAL WATER MARKET, BY PRODUCT, 2020–2030 ($MILLION)
TABLE 115.REST OF LAMEA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 116.REST OF LAMEA FUNCTIONAL WATER MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 117.REST OF LAMEA FUNCTIONAL WATER MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 118.DANONE: KEY EXECUTIVES
TABLE 119.DANONE: COMPANY SNAPSHOT
TABLE 120.DANONE: PRODUCT PORTFOLIO
TABLE 121.DANONE: NET SALES, 2018–2020 ($MILLION)
TABLE 122.KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 123.KEURIG DR PEPPER INC. : KEY EXECUTIVES
TABLE 124.KEURIG DR PEPPER INC.: COMPANY SNAPSHOT
TABLE 125.KEURIG DR PEPPER INC.: OPERATING SEGMENTS
TABLE 126.KEURIG DR PEPPER INC.: PRODUCT PORTFOLIO
TABLE 127.KEURIG DR PEPPER INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 128.KEURIG DR PEPPER INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 129.NESTLÉ S.A.: KEY EXECUTIVES
TABLE 130.NESTLÉ S.A.: COMPANY SNAPSHOT
TABLE 131.NESTLÉ S.A.: OPERATING SEGMENTS
TABLE 132.NESTLÉ S.A.: PRODUCT PORTFOLIO
TABLE 133.NESTLÉ S.A.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 134.NESTLÉ S.A.: NET SALES, 2018–2020 ($MILLION)
TABLE 135.PEPSICO, INC. : KEY EXECUTIVES
TABLE 136.PEPSICO, INC. : COMPANY SNAPSHOT
TABLE 137.PEPSICO, INC. : OPERATING SEGMENTS
TABLE 138.PEPSICO, INC. : PRODUCT PORTFOLIO
TABLE 139.PEPSICO, INC. : R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 140.PEPSICO, INC. : NET SALES, 2018–2020 ($MILLION)
TABLE 141.SUNNY DELIGHT BEVERAGES: KEY EXECUTIVES
TABLE 142.SUNNY DELIGHT BEVERAGES: COMPANY SNAPSHOT
TABLE 143.SUNNY DELIGHT BEVERAGES: PRODUCT PORTFOLIO
TABLE 144.SUNSWEET GROWERS INC. : KEY EXECUTIVES
TABLE 145.SUNSWEET GROWERS INC. : COMPANY SNAPSHOT
TABLE 146.SUNSWEET GROWERS INC. : PRODUCT PORTFOLIO
TABLE 147.SUNTORY HOLDINGS LIMITED: KEY EXECUTIVES
TABLE 148.SUNTORY HOLDINGS LIMITED: COMPANY SNAPSHOT
TABLE 149.SUNTORY HOLDINGS LIMITED: OPERATING SEGMENTS
TABLE 150.SUNTORY HOLDINGS LIMITED: PRODUCT PORTFOLIO
TABLE 151.SUNTORY HOLDINGS LIMITED: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 152.SUNTORY HOLDINGS LIMITED: NET SALES, 2018–2020 ($MILLION)
TABLE 153.THE COCA-COLA COMPANY : KEY EXECUTIVES
TABLE 154.THE COCA-COLA COMPANY : COMPANY SNAPSHOT
TABLE 155.THE COCA-COLA COMPANY : OPERATING SEGMENTS
TABLE 156.THE COCA-COLA COMPANY : PRODUCT PORTFOLIO
TABLE 157.THE COCA-COLA COMPANY : NET SALES, 2018–2020 ($MILLION)
TABLE 158.THE KRAFT HEINZ COMPANY: KEY EXECUTIVES
TABLE 159.THE KRAFT HEINZ COMPANY: COMPANY SNAPSHOT
TABLE 160.THE KRAFT HEINZ COMPANY: OPERATING SEGMENTS
TABLE 161.THE KRAFT HEINZ COMPANY: PRODUCT PORTFOLIO
TABLE 162.THE KRAFT HEINZ COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 163.THE KRAFT HEINZ COMPANY: NET SALES, 2018–2020 ($MILLION)
TABLE 164.TRIMINO BRANDS: KEY EXECUTIVES
TABLE 165.TRIMINO BRANDS: COMPANY SNAPSHOT
TABLE 166.TRIMINO BRANDS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL FUNCTIONAL WATER MARKET
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.HIGH THREAT OF SUBSTITUTES
FIGURE 08.LOW INTENSITY OF COMPETITIVE RIVALRY
FIGURE 09.GLOBAL FUNCTIONAL WATER MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES, 2020–2030
FIGURE 10.GLOBAL FUNCTIONAL WATER MARKET SHARE, BY PRODUCT, 2020–2030
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF FLAVORED FUNCTIONAL WATER MARKET ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF UNFLAVORED FUNCTIONAL WATER MARKET ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 13.GLOBAL FUNCTIONAL WATER MARKET SHARE, BY TYPE, 2020–2030
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF VITAMIN FUNCTIONAL WATER MARKET ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF PROTEIN FUNCTIONAL WATER MARKET ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF OTHERS FUNCTIONAL WATER MARKET ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.GLOBAL FUNCTIONAL WATER MARKET SHARE, BY PACKAGING, 2020–2030
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF PET BOTTLES FUNCTIONAL WATER MARKET ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF CAN FUNCTIONAL WATER MARKET ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF OTHERS FUNCTIONAL WATER MARKET ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.GLOBAL FUNCTIONAL WATER MARKET SHARE, BY DISTRIBUTION CHANNEL, 2020–2030
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL WATER MARKET FOR SUPERMARKETS & HYPERMARKETS ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL WATER MARKET FOR CONVENIENCE STORES ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL WATER MARKET FOR SPECIALTY STORES ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL WATER MARKET FOR ONLINE SALES CHANNEL ($MILLION), BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.GLOBAL FUNCTIONAL WATER MARKET SHARE, BY REGION, 2020–2030
FIGURE 27.U.S. FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 28.CANADA FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 29.MEXICO FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 30.UK FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 31.GERMANY FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 32.FRANCE FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 33.SPAIN FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 34.NETHERLANDS FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 35.ITALY FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 36.REST OF EUROPE FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 37.CHINA FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 38.JAPAN FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 39.INDIA FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 40.SOUTH KOREA FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 41.AUSTRALIA FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 42.REST OF ASIA-PACIFIC FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 43.BRAZIL FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 44.SOUTH AFRICA FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 45.SAUDI ARABIA FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 46.REST OF LAMEA FUNCTIONAL WATER MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 47.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 48.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021* (%)
FIGURE 49.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021*
FIGURE 50.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 51.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 52.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 53.DANONE: NET SALES, 2018–2020 ($MILLION)
FIGURE 54.DANONE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.KEURIG DR PEPPER INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 56.KEURIG DR PEPPER INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 57.KEURIG DR PEPPER INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.KEURIG DR PEPPER INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.NESTLÉ S.A.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 60.NESTLÉ S.A.: NET SALES, 2018–2020 ($MILLION)
FIGURE 61.NESTLÉ S.A.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 62.PEPSICO, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 63.PEPSICO, INC. : NET SALES, 2018–2020 ($MILLION)
FIGURE 64.PEPSICO, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.SUNTORY HOLDINGS LIMITED: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 66.SUNTORY HOLDINGS LIMITED: NET SALES, 2018–2020 ($MILLION)
FIGURE 67.SUNTORY HOLDINGS LIMITED: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 68.SUNTORY HOLDINGS LIMITED: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 69.THE COCA-COLA COMPANY : NET SALES, 2018–2020 ($MILLION)
FIGURE 70.THE COCA-COLA COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 71.THE COCA-COLA COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 72.THE KRAFT HEINZ COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 73.THE KRAFT HEINZ COMPANY: NET SALES, 2018–2020 ($MILLION)
FIGURE 74.THE KRAFT HEINZ COMPANY: REVENUE SHARE BY REGION, 2020 (%)

 
 

According to the insights of CXOs of leading companies, a variety of health benefits have been linked to functional water. There are different types of functional water available in the market. Consumption of vitamin and protein based functional water may boost the body's antioxidant levels and aid in energy level of the human body.

The growing demand for fortified beverages has increased the demand for functional water. The oxygen based functional water is new trend in the market and is gaining traction at a rapid pace. The introduction of new flavors in the market is driving the growth of functional water market.

The surge in diabetic and obese population is propelling the functional water market growth. The people who are suffering from diabetes and obesity prefer food & beverages with zero calories and no or less sugar. This factor is boosting the growth of unflavored functional water segment in the market.

The growing popularity of functional water among millennials and working-class population is creating lucrative opportunities for the growth of functional water market.

The North America market for functional water is the largest. The low retail price and widespread availability of flavored functional water are fueling the growth in the North America region. The growing trend of consuming non-alcoholic beverages is also boosting the North American functional water market.

 

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A. The global functional water market size was valued at $5,220.0 million in 2020, and is projected to reach $10,954.0 million by 2030, registering a CAGR of 7.8%. The functional water is gaining momentum in the market due to health benefits and nutritional properties. The consumers have started to consume beverages with additional vitamins and proteins that can keep body hydrated for long period of time.

A. The global functional water is projected to reach $10,954.0 million by 2030, registering a CAGR of 7.8%. The value added hydration in the functional water coupled with evolving consumer preferences is boosting the growth of functional water market during the forecast period.

A. a

A. The global functional water market size is estimated to reach at around $ 56,293.1 million by the end of 2021, growing at a CAGR of 7.8% from 2021 to 2030. The growing health consciousness and increasing consumer spending on health and wellness products is fostering market growth.

A. The forecast period estimated in the global functional water market is 2021 to 2030. The global functional water market size is estimated to reach at around $ 56,293.1 million by the end of 2021, growing at a CAGR of 7.8% from 2021 to 2030.

A. The prominent functional water industry players include PepsiCo, Coca Cola, Dr Pepper Snapple, Nestle, Group Danone, Hind, Sunny Delight Beverages, Kraft Foods., Tata Global Beverages, Sunsweet Growers Inc., Suntory Holdings Ltd., Trimino Brands, Disruptive Beverages Inc., and Bridgepoint Group plc.

A. According functional water market analysis, the functional water market is classified on the basis of product, type, packaging, distribution channel, and region. By product, the market is segmented into flavored functional water and unflavored functional water. Based on type, the market is segregated into vitamins, proteins, and others (minerals, botanicals, and oxygen). By packaging, the functional water market is fragmented into pet bottles, can, and others. By distribution channel, the market is categorized into supermarkets & hypermarkets, convenience stores, specialty stores, and online sales channel.

A. Region wise, the functional water market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America contributed the highest revenue in 2020 and is expected to dominate the market during the forecast period.

A. The COVID-19 pandemic had a positive and negative impact on the functional water market growth. The supply chain disruption had a negative impact, while the increase in adoption of functional water owing to various health benefits had a positive impact on the functional water market.

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