Market Overview:
Functional water is a type of water that has been enhanced with added minerals, vitamins and other nutrients. The global functional water market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into flavored functional water and unflavored functional water. Flavored functional waters are further sub-segmented into fruit flavored functional waters and vegetable flavored functional waters. On the basis of application, the market is segmented into supermarkets and hypermarkets, retail stores, convenience stores and online stores. Regionally, the global Functional Water Market is divided into North America (U.S., Canada), Latin America (Brazil), Europe (Germany France Italy Spain U.K.), Asia Pacific (China Japan India South Korea) Middle East & Africa(South Africa Saudi Arabia). The global Functional Water Market was valued at US$ XX million in 2017andis projected to reach US$ XX million by 2030at a CAGRof X%.
Product Definition:
Functional water is water that has been enriched with minerals, oxygen and other beneficial components. It is thought to be more hydrating than regular tap water and may offer some health benefits. Functional water is sometimes used as a dietary supplement or in beauty products.
Flavored Functional Water:
Flavored functional water is a product that has flavoring agents and/or minerals added to it. It is also known as Functional Water or sometimes referred to as Fresh-pressed juice drink or just plain old H2O. The market for flavored functional water is still in its nascent stage, however, with growing health consciousness among consumers and increased spending on premium products the market for flavored functional water will have steady growth over the next decade.
Unflavored Functional Water:
Unflavored functional water is also known as plain water or base hydration. It contains no additives other than the essential minerals and vitamins that help to maintain a healthy body. The product can be consumed on its own or with any food products such as fruits, vegetables, etc., for additional nutritional benefits.
The product has become increasingly popular among athletes.
Application Insights:
The market is segmented by application into supermarkets and hypermarkets, retail stores, convenience stores, and online stores. The supermarkets and hypermarkets segment dominated the market in 2017 owing to factors such as increasing disposable income of consumers coupled with rising demand for specialty beverages due to health concerns among population has boosted the product demand in this segment.
Functional water is used in a variety of applications including ice creams, cakes & pastries, buns & rolls (yeast-raised products only), dairy products (non-dairy frozen desserts), snacks & cereals (both sweetened and savory varieties), fruit juices & drinks mixes made using flavored functional water. Other applications include sauces for meat products as well as non-alcoholic beverages like tea or coffee where flavor is an important factor that needs to be taken care of while preparing food or beverage items.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growing population, rising disposable income, and changing food habits are driving the demand for functional water in this region. In addition, increasing penetration of international brands such as PepsiCo Inc.; Coca-Cola Enterprises; Danone S.A.; Nestl© S.A.; and PepsiCo Inc.
Europe accounted for a significant share owing to high demand from Germany, U.K.
Growth Factors:
- Increasing awareness about the benefits of functional water: There is a growing awareness among people about the benefits of functional water. This is driving demand for functional water products, thereby boosting the market growth.
- Rising disposable income: The rising disposable income of consumers is enabling them to purchase premium quality functional water products, thereby propelling market growth.
- Growing demand for healthy and refreshing drinks: Functional water is considered as a healthy and refreshing drink option, which is fuelling its demand across the globe.
- Proliferation of retail channels: The proliferation of retail channels, such as supermarkets and hypermarkets, is providing an easy access to consumers for purchasing functional water products, thus accelerating market growth rate. 5) Technological advancements in production processes: The technological advancements in production processes are helping manufacturers to produce high-qualityfunctional waters that meet consumer demands effectively
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Water Market Research Report
By Type
Flavored Functional Water, Unflavored Functional Water
By Application
Supermarkets and Hypermarkets, Retail Stores, Convenience Stores, Online Stores
By Companies
Nestle, The Coca-Cola Company, Danone, New York Spring Water, Pepsico, Kraft Foods, Suntory Beverage & Food, Herbal Water, Hint Water, Sunny Delight Beverage, Nestle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Functional Water Market Report Segments:
The global Functional Water market is segmented on the basis of:
Types
Flavored Functional Water, Unflavored Functional Water
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets and Hypermarkets, Retail Stores, Convenience Stores, Online Stores
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nestle
- The Coca-Cola Company
- Danone
- New York Spring Water
- Pepsico
- Kraft Foods
- Suntory Beverage & Food
- Herbal Water
- Hint Water
- Sunny Delight Beverage
- Nestle
Highlights of The Functional Water Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flavored Functional Water
- Unflavored Functional Water
- By Application:
- Supermarkets and Hypermarkets
- Retail Stores
- Convenience Stores
- Online Stores
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Functional Water Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Functional water is a term used to describe water that has been found to have beneficial effects on human health. These effects may include reducing inflammation, improving cognitive function, and aiding in weight loss.
Some of the major players in the functional water market are Nestle, The Coca-Cola Company, Danone, New York Spring Water, Pepsico, Kraft Foods, Suntory Beverage & Food, Herbal Water, Hint Water, Sunny Delight Beverage, Nestle.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Functional Water Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Functional Water Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Functional Water Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Functional Water Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Functional Water Market Size & Forecast, 2020-2028
4.5.1 Functional Water Market Size and Y-o-Y Growth
4.5.2 Functional Water Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Flavored Functional Water
5.2.2 Unflavored Functional Water
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarkets and Hypermarkets
6.2.2 Retail Stores
6.2.3 Convenience Stores
6.2.4 Online Stores
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Functional Water Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Functional Water Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Flavored Functional Water
9.6.2 Unflavored Functional Water
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarkets and Hypermarkets
9.10.2 Retail Stores
9.10.3 Convenience Stores
9.10.4 Online Stores
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Flavored Functional Water
10.6.2 Unflavored Functional Water
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarkets and Hypermarkets
10.10.2 Retail Stores
10.10.3 Convenience Stores
10.10.4 Online Stores
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Flavored Functional Water
11.6.2 Unflavored Functional Water
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarkets and Hypermarkets
11.10.2 Retail Stores
11.10.3 Convenience Stores
11.10.4 Online Stores
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Flavored Functional Water
12.6.2 Unflavored Functional Water
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarkets and Hypermarkets
12.10.2 Retail Stores
12.10.3 Convenience Stores
12.10.4 Online Stores
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Flavored Functional Water
13.6.2 Unflavored Functional Water
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarkets and Hypermarkets
13.10.2 Retail Stores
13.10.3 Convenience Stores
13.10.4 Online Stores
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Functional Water Market: Competitive Dashboard
14.2 Global Functional Water Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nestle
14.3.2 The Coca-Cola Company
14.3.3 Danone
14.3.4 New York Spring Water
14.3.5 Pepsico
14.3.6 Kraft Foods
14.3.7 Suntory Beverage & Food
14.3.8 Herbal Water
14.3.9 Hint Water
14.3.10 Sunny Delight Beverage
14.3.11 Nestle
