Functional Water Market Size, Share | Industry Forecast

1. Functional Water Functional Water Market $ $10,954.0 10,954.0 M Million Market Expected to Reach Expected to Reach illion by by 2030 2030 | CAGR | CAGR 7.8% 7.8% Global Opportunity Analysis and Industry Forecast 2021–2030

2. Functional W Functional Water ater Market Market Overview, Overview, 2030 2030 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% from 2021 to 2030. • Functional water is manufactured by combining various ingredients, flavors, and sweeteners. It is gaining popularity among gym going population owing to various health benefits offered by functional water. • Functional water market is booming owing to increase in adoption of healthy diet across the globe due to rising consumers’ disposable income. The major factors driving the global functional water market are rising trend of consuming flavored functional water, rise in obese and diabetic population, increasing awareness about health consciousness. However, high price of functional water and availability of health drink alternatives are expected to hinder the market growth to a certain extent over the forecast period 2021-2030. • The increase in obese and diabetic population, rising e-commerce sales, increasing adoption of functional water in developing countries, and rising trends of flavored functional water enriched with vitamins and proteins are some of the factors driving the growth of the global functional water market. Download Free Sample Report:

3. COVID COVID- -19 impact analysis 19 impact analysis • 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. • Population growth, rising incomes in developing countries, and urbanisation have all contributed to an increase in global functional water production. The rising health-conscious people has led to increase in adoption of functional water in the market. As a result of which, the consumers are tending towards premium functional water products so as to minimize health associated risks. It also gives lucrative opportunities to producers to manufacture therapeutic and nutritional beverages concerning consumers’ health and would allow them to gain high functional water market share in the industry.

4. Key Market Players Key Market Players • Bridgepoint Group plc • Coca Cola • Disruptive Beverages Inc • Dr Pepper Snapple • Group Danone • Hind • Kraft Foods • Nestle • PepsiCo • Sunny Delight Beverages • Sunsweet Growers Inc. • Suntory Holdings Ltd • Trimino Brands • Tata Global Beverages

5. Key Findings Of The Study Key Findings Of The Study • The global functional water market 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% from 2021 to 2030. • By product, the flavored functional water segment was the highest contributor to the market, with $2,874.7 million in 2020, and is estimated to reach $6,628.8 million by 2030, at a CAGR of 8.8% during the forecast period. • By type, the vitamin segment was the highest contributor to the market, with $2,885.6 million in 2020, and is estimated to reach $5,439.5 million by 2030, at a CAGR of 6.6% during the forecast period. • By packaging, the pet bottles segment was the highest contributor to the market, with $2,463.7 million in 2020, and is estimated to reach $4,441.9 million by 2030, at a CAGR of 6.1% during the forecast period. • By distribution channel, the specialty stores segment was the highest contributor to the market, with $3,289.6 million in 2020, and is estimated to reach $6,327.3 million by 2030, at a CAGR of 6.8% during the forecast period. • By region, North America was the highest revenue contributor, accounting for $2,025.4 million in 2020, and is estimated to reach $3,987.3 million by 2030, with a CAGR of 7.1%.

6. Key Market Segments Key Market Segments By Type By Packaging Distribution Channel By Product • Vitamins • Proteins • Others (Minerals, Botanicals, and Oxygen) • Pet bottles • Can • Others • Supermarket/Hypermarket • Convenience Stores • Specialty Stores • Online Sales Channel • Flavored functional water • Unflavored functional water

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

8. FREQUENTLY ASKED QUESTIONS? FREQUENTLY ASKED QUESTIONS? • Q1. What is the total market value of Functional Water Market report? • Q2. What is the CAGR of Functional Water Market? • Q3. How can I get sample report of Functional Water Market? • Q4. What is the market value of Functional Water market in 2021? • Q5. What would be forecast period in the market report? • Q6. Which are the top companies in the Functional Water Market? • Q7. What are the segments of Functional Water Market? • Q8. By Region, which segment will dominate the market by the end of 2030? • Q9. What is the impact of Post COVID-19 scenario in Functional Water Market?

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