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The functional water market is projected to grow at a considerable CAGR of around 7% during the forecast period (2020-2026). The growing preference of consumers towards better-for-you or healthy alternatives from high-sugar and unnatural drinks is a key factor contributing to the high market share of the functional water market.
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Orion Market Research Functional Water Market, Size, Share, Analysis Report & Forecast to 2026 To Market: https://www.omrglobal.com/request-sample/functional-water-market Request a Sample of our Report on Functional Water Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The global functional water market is expected to exhibit a considerable CAGR during the forecast period. The considerable increase in the adoption of non-alcoholic beverages across the globe is anticipated to drive for the growth of the functional water market across the globe. The rising harmful effects of alcohol consumption and the increasing preference towards healthy and non-alcoholic beverage products in the market are the key factors promoting the market growth. Some long-term effects of alcohol consumption include liver disease, nerve damage, cancer of the mouth and throat and heart-related problems. Therefore, an inclination towards consuming a low amount of carbonated sugary drinks and a requirement for non-alcoholic cold refreshment across the countries. (Get 15% Discount on Buying this Report) A full Report of Functional Water Market is Available at: https://www.omrglobal.com/industry- reports/functional-water-market The rising inclination of consumers towards high nutritional drinks is driving the market for functional drinks across the globe. The functional water is having immense potential to become one of the highly accepted non-alcoholic beverages owing to the health benefits that it offers. The functional water is composed of high vitamin, protein, minerals, and is having extra-oxygen properties which make it suitable to be taken as a healthy drink. Looking forward to the high intake of the functional water major market players are offering functional water with added skin benefits. Market players are also offering products that are natural, contain botanicals and antioxidants, vitamin C, and so on to attract a large pool of consumers. Recent Developments in Market •In January 2020, Voss USA Inc. had launched VOSS Plus, a one-of-a-kind functional water enhanced with Aquamin. Aquamin is a unique, marine-sourced multi-mineral complex, including Calcium, Magnesium & Potassium. The bottle is made with 100% recycled PET and features a recyclable food-grade cap. •In April 2019, Nestle S.A. launched San Pellegrino Essenza, a new line of fruit-flavored sparkling water in three flavors namely Lemon & Lemon Zest, Dark Morello Cherry & Pomegranate, and Tangerine & Wild Strawberry. With this launch, the company intends to enhance its functional water product line. •In May 2019, Voss USA Inc. launched raspberry rose and strawberry ginger sparkling water. Packaged in 27.1-oz bottles, the waters contain zero sugar and zero calories and are flavored with natural flavors. •In May 2019, PepsiCo, Inc. launched Propel Vitamin Boost, fitness water enhanced with 100% of the recommended daily value of vitamins B3, B5, B6, and C as well as electrolytes. The 20-oz bottles contain 10 calories each and come in three flavors: strawberry raspberry, apple pear and peach-mango. To Market: https://www.omrglobal.com/request-sample/functional-water-market Request a Sample of our Report on Functional Water Global Functional Water Market Segmentation By Product Type •Vitamin •Protein
•Others By Distribution Channel •Supermarket •Specialty Store •Online Store •Others Regional Analysis North America •United States •Canada Europe •UK •Germany •Spain •France •Italy •Rest of Europe Asia-Pacific •India •China •Japan •Rest oF APAC Rest of The World •Middle East & Africa •Latin America Company Profiles •ALLURE ORGANICS •Balance Water Co. •Danone Group •Disruptive Beverages, Inc. •Dr. Pepper Snapple Group, Inc. •Hint, Inc. •Nestle S.A. •Nirvana Water •PepsiCo Inc. •The Coca-Cola Co. •The Kraft Heinz Co. •Trimino Brands Company LLC •Voss USA Inc.
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