Press release
With 7.10% CAGR, Functional Water Market Size to Reach US$ 21.55 Billion 2022-2027
Functional water is a non-alcoholic water-based beverage with additional substances, such as minerals, vitamins, acids, herbs, and other additives, to improve the flavor of regular water. It is altered at the molecular level through mechanical, electrical, or optical processes to provide health and other functional benefits. It aids in increasing energy levels, regulating stress, reducing fatigue, and improving mental health. It also strengthens the immune response, enhances mood, and minimizes the risk of developing cognitive disorders. Functional water is commonly available in protein, botanical, and oxygen water variants to meet different nutritional requirements of the customer. At present, the emerging trend of mindful drinking is catalyzing the demand for functional water as consumers are trying to reduce alcohol consumption and opting for healthy alternatives like functional water across the globe.
Request for a free sample copy of this report: https://www.imarcgroup.com/functional-water-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Functional Water Market Trends:
The increasing health consciousness and rising awareness among individuals about the nutritional benefits of consuming functional water represent the major factors strengthening the market growth around the world. The growing prevalence of gut-related disorders, such as gastroesophageal reflux disease (GERD), gastroenteritis, and ulcers, are also driving the market. Additionally, the increasing participation of individuals in recreational sports, fitness, and athletic activities is catalyzing the need for functional water. Moreover, there is an increase in the consumer awareness about the presence of synthetic additives and preservatives in traditional beverages, which is contributing to the market growth.
In addition, the rising consumption of ready-to-drink (RTD) beverages on account of the expanding working population and hectic lifestyles and increasing purchasing power of consumers are creating a positive outlook for the market. As these products are readily available through online retail channels, which offer a wide range of variants with shipping facilities and secured payment methods, the market is experiencing steady growth. Apart from this, key players are introducing unique product variants, such as canabidiol infused spring water and amino acid-enriched water.
They are also focusing on launching artistic and easy-to-see bottle designs in attractive labels and stylish shapes that set them apart from the usual ones. Market players are coming up with novel functional water variants specifically for the healthcare sector. This, in turn, is propelling the market growth. Besides this, several marketing strategies, such as celebrity endorsements and social media campaigns to expand the market reach, are influencing the market positively. Furthermore, the changing inclination of individuals from carbonated beverages toward their nutritional alternatives is offering lucrative growth opportunities to industry investors.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global functional water market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on source type and application.
Breakup by Product:
Flavored Functional Water
Unflavored Functional Water
Breakup by Ingredient:
Micronutrients
Botanical Extracts
Others
Breakup by Type:
Vitamins
Proteins
Others
Breakup by Packaging Types:
PET Bottles
Cans
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Ayala's Herbal Water
Balance Water Company
Danone S.A.
Function Drinks
Hint Inc.
Keurig Dr Pepper Inc.
Nestlé S.A.
PepsiCo Inc.
The Coca-Cola Company
Trimino Protein Infused Water
Unique Foods (Canada) Inc.
Vichy Catalan Corporation.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/functional-water-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Other Trending Reports By IMARC Group
Sodium Sulfur Battery Market: https://www.imarcgroup.com/sodium-sulfur-battery-market
Mesoporous Silica Market: https://www.imarcgroup.com/mesoporous-silica-market
Thermal Paper Market: https://www.imarcgroup.com/thermal-paper-market
China Geopolymer Market: https://www.imarcgroup.com/china-geopolymer-market
Dolomite Mining Market: https://www.imarcgroup.com/dolomite-mining-market
Glass Bonding Adhesives Market: https://www.imarcgroup.com/glass-bonding-adhesives-market
Glycerol Market: https://www.imarcgroup.com/glycerol-market
Squalene Market: https://www.imarcgroup.com/squalene-market
Propylene Oxide Market: https://www.imarcgroup.com/propylene-oxide-market
Unsaturated Polyester Resins Market: https://www.imarcgroup.com/unsaturated-polyester-resins-market
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release With 7.10% CAGR, Functional Water Market Size to Reach US$ 21.55 Billion 2022-2027 here
News-ID: 2833656 • Views: 209
More Releases from IMARC Group
Edtech Market Size, Top Companies, Revenue by 2028 , Driven by The Inflating Dig …
The latest research study "Edtech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the global edtech market size reached US$ 194.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 452.4 Billion by 2028, exhibiting a growth rate (CAGR) of 14.3% during 2023-2028.
Education technology (EdTech) refers to the technology used to deliver education virtually. It consists of hardware…
Physical Security Market To Exceed US$ 171.4 Billion by 2028, Exhibiting a Growt …
The latest research study "Physical Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that The global physical security market size reached US$ 116.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 171.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.
Physical security is used to protect physical assets, personnel, software, hardware, networks, and property…
Fintech Market Size To Surpass US$ 449.1 Billion by 2028 | CAGR of 17.7%
The latest research study by IMARC Group, "Fintech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" offers a comprehensive analysis of the industry, which comprises insights on global fintech industry report. The market size reached US$ 158.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 449.1 Billion by 2028, exhibiting a growth rate (CAGR) of 17.7% during 2023-2028.
Fintech refers to financial…
Audio CODEC Market to Reach US$ 8.1 Bn by 2028 Emerging at a CAGR of 3.93% and F …
The latest research study "Audio CODEC Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the the global audio CODEC market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2028, exhibiting a growth rate (CAGR) of 3.93% during 2023-2028.
Audio coder-decoder or audio CODEC refers to computer-based applications and integrated circuits (IC)…
More Releases for Market:
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
Global Organic Food & Beverage Market | Market Size, Market Share, Market Trends …
The term 'organic' has gained much popularity since the last decade, which refers to the process of how certain foods are produced. Organic food is grown without the use of synthetic chemicals, such as human-made pesticides and fertilizers, and does not contain genetically modified organisms (GMOs). According to the recently published report titled, 'Global Organic Food & Beverage Outlook, 2026', by Bonafide Research the organic foods & beverage industry has…
Robotic Cardiology Surgery Market Insights Includes Market Share, Market Researc …
Robotic Cardiology Surgery Market
Global demand for cardiac surgery robots in 2025 will explode to $XXX billion. This represents an astonishing XX% growth yearly in terms of annual revenue between 2016 and 2025, and a cumulative market total of $7.50 billion during 2017-2025 owing to the substantial increase of robot-based and computer-assisted cardiological surgery procedures for heart disorders.
Global Robotic Cardiology Surgery Market 2016-2025: Market Size, Share, Forecast and Strategy is based…
Educational Robots Market, Market Segmentation, Market Report, Market Forecast
Global Educational Robots market valued USD 670 Million in 2017 and is likely to grow more than USD 2339.8 Million by 2025 with a compounded annual growth of 16.92% over the forecast period 2018-2025. The market growth is primarily driven by technological enhancements in the field of robotics and increasing use of robots for educational purposes. However, high initial research and development expenses hamper market growth. The main function of…
