Press release
Functional Water Market worth $39.91 billion by 2030, growing at a CAGR of 11.42% - Exclusive Report by 360iResearch
Functional Water Market | 360iResearch
The Global Functional Water Market to grow from USD 18.71 billion in 2023 to USD 39.91 billion by 2030, at a CAGR of 11.42%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/functional-water?utm_source=openpr&utm_medium=referral&utm_campaign=sample
Functional water is an enhanced beverage modified to provide additional benefits beyond basic hydration with added vitamins, minerals, and herbs to support specific health claims and improve overall well-being. The demand for functional water is increasing to address particular health concerns, boost energy levels, improve mental performance, aid in weight loss, and support various other aspects of a healthy lifestyle. Functional waters have increasingly become the preferred hydration choice for athletes and sportspersons for multiple reasons, including improved athletic performance, enhanced recovery, targeted nutrient delivery, and overall health benefits. Functional water is often fortified with vitamins and minerals essential for maintaining energy levels and combating oxidative stress caused by intense workouts. Using premium components such as vitamins, minerals, electrolytes, antioxidants, botanical extracts, and probiotics causes higher prices of functional water due to limited sources or complex extraction methods. In addition, the inefficient recycling processes, pollution from the manufacturing and transportation of plastic bottles, and contamination issues during recycling poses environmental concerns related to recycling functional water bottles, negatively impacting the growth of the functional water market. However, introducing eco-friendly materials and biodegradable plastics with minimalistic packaging designs has expanded customer preference toward functional water portfolios. Moreover, functional water manufacturers are increasingly focusing on deploying their offerings on eCommerce platforms to enhance brand visibility, customer reach, and overall business performance, further improving the availability of novel products worldwide.
The increasing consumer awareness toward energy-boosting capabilities and vitamin content, penetration of convenient on-the-go beverages, and ongoing novel product development have expanded the demand for functional water products in the Americas. The government standards in the Americas ensure the safety and efficiency of functional water. The rapid growth in sport participation activities, significant penetration of eCommerce platforms, and introduction of botanicals in the product portfolios have supported the development and distribution of functional water in the Asia-Pacific region. The functional water market in Europe, the Middle East, and the African region is evolving due to the increasing customer preference for healthier beverages and manufacturers' focus on developing innovative functional beverages. Government standards ensuring nutrient levels, labeling, and safety assessment procedures for novel ingredients have standardized the functional water market in the EMEA.
Market Segmentation & Coverage:
This research report categorizes the Functional Water Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Flavored Functional Water and Unflavored Functional Water. The Flavored Functional Water commanded largest market share of 57.80% in 2023, followed by Unflavored Functional Water.
Based on Type, market is studied across Botanicals, Minerals, Oxygen, Proteins, and Vitamins. The Minerals commanded largest market share of 27.51% in 2023, followed by Oxygen.
Based on Packaging, market is studied across Can and PET Bottles. The PET Bottles commanded largest market share of 56.72% in 2023, followed by Can.
Based on Distribution Channel, market is studied across Offline and Online. The Offline is further studied across Convenience Stores, Specialty Stores, and Supermarket/Hypermarket. The Offline commanded largest market share of 82.39% in 2023, followed by Online.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 42.61% in 2023, followed by Europe, Middle East & Africa.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/functional-water?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Functional Water Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Functional Water Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Functional Water Market, highlighting leading vendors and their innovative profiles. These include Actiph Water Ltd, Agropur cooperative, Alkaline88, LLC, Bisleri International Pvt. Ltd., CENTR Brands Corp., Cloud Water Brands, Danone S.A., Disruptive Beverages, Inc., EARI Group, Flow Beverage Corp., Function Drinks, Gujarat Ion Exchange And Chemicals Limited, Hint Inc., HOW Water Houston, LP., JUST Goods, Inc., Karma Culture LLC, Keurig Dr Pepper, Inc., Kure Ltd., Langenburg Oxygen Water, Miami Bay Beverage Company LLC, Nestle S.A., Nirvana Water Sciences Corp., Nongfu Spring Co., Ltd., NYSW Beverage Brands, Inc., OHMG Brands Ltd, Oxigenesis, Inc., PepsiCo, Inc., Petal Beverage, LLC, Protein2o Inc., San Benedetto S.p.A., Tata Consumer Products Limited, The Coca-Cola Company, The Lemon Perfect Company, Unique Foods Canada, Waterman Engineers Australia, and WET Holdings (Global) Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Functional Water Market, by Product
7. Functional Water Market, by Type
8. Functional Water Market, by Packaging
9. Functional Water Market, by Distribution Channel
10. Americas Functional Water Market
11. Asia-Pacific Functional Water Market
12. Europe, Middle East & Africa Functional Water Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Functional Water Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Functional Water Market?
3. What is the competitive strategic window for opportunities in the Functional Water Market?
4. What are the technology trends and regulatory frameworks in the Functional Water Market?
5. What is the market share of the leading vendors in the Functional Water Market?
6. What modes and strategic moves are considered suitable for entering the Functional Water Market?
Read More @ https://www.360iresearch.com/library/intelligence/functional-water?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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 Functional Water Market worth $39.91 billion by 2030, growing at a CAGR of 11.42% - Exclusive Report by 360iResearch here
News-ID: 3421945 • Views: …
More Releases from 360iResearch
Rising Incidence of Human Metapneumovirus in Vulnerable Populations Boosts Globa …
In recent years, the silent ascent of human metapneumovirus (HMPV) infections has begun to capture significant attention within the realm of infectious diseases. As we advance in medical science, unraveling complexities of age-old pathogens like common influenza or emerging illnesses like COVID-19, a critical discourse has been emerging around HMPV. Particularly, there seems to be a burgeoning acknowledgment of its growing impact on vulnerable global populations, propelling an increased demand…
The Meat Alternatives Market size was estimated at USD 9.39 billion in 2023 and …
From Appetite to Advocacy: The Rising Demand for Meat Alternatives
In recent years, the global food industry has been undergoing a remarkable transformation, driven primarily by an increasing consumer demand for healthier, sustainable, and ethically sourced food products. This seismic shift has brought traditional meat alternatives and high-protein plant-based foods into the spotlight. As the world becomes more conscious of the implications of meat consumption on health and the environment, the…
The Mobility-as-a-Service Market size was estimated at USD 264.80 billion in 202 …
Unpacking the Surge in Investments and Collaborations to Bolster Mobility-as-a-Service
In recent years, as urban landscapes continually evolve, a transformative shift known as Mobility-as-a-Service (MaaS) has reshaped the way we perceive transportation. Marked by the integration of various forms of transport services into a single accessible on-demand mobility solution, MaaS is rapidly gaining traction across global cities. As an emerging paradigm, it's not just shaping the future of travel but also…
The Data Center Services Market size was estimated at USD 56.65 billion in 2023 …
Smart City Revolutions: Why Data Center Colocation is the Future Backbone
In the era of digital transformation, urban landscapes across the globe are undergoing a seismic shift toward becoming "smart cities." The concept of a smart city revolves around using digital technology, IoT (Internet of Things), AI, and data analytics at an unprecedented scale to improve urban infrastructure, manage resources efficiently, and enhance the quality of life for citizens. A vital…
More Releases for Water
Water Trading Market Size in 2023 To 2029 | Severn Trent, Calgon Carbon, Murray …
The Water Trading report provides a comprehensive analysis of market drivers, limitations, and opportunities, offering a clear and comprehensive view of the market. It thoroughly evaluates market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of key players. The report also highlights the business manufacturing activities of major manufacturers, accompanied by relevant technical data. Additionally, the report presents a detailed overview of the competitive landscape of the…
water bikes market, global water bikes market, water bikes industry, water bike …
Prominent water bike manufacturers are focussing on product innovations for experience of the consumer and for that, strategic analysis, collaborations and mergers, joint acquisitions, product launched are done by these manufacturers for taking care of their leading positions in the water bikes industry.
Key Developments in Water Bikes Industry
In January 2020, World’s first hydro e-bike named as Hydrofoiler-XE1 by Manta 5 was launched. The bike doesn’t have wheels and instead it…
Mobile Water Treatment Systems market-Veolia Water Technologies, GE Water, Evoq …
Garner Insights recently released Global Mobile Water Treatment Systems Market research study with over 100 industry informative desk and Figures stretched through Pages and self-explanatory detailed TOC on “Mobile Water Treatment Systems Market”.
Global Mobile Water Treatment Systems market 2019 research assists you to attain positive growth and try out different methods for maximizing your profit. The market study gives estimates for Global Mobile Water Treatment Systems Market 2019 analysis and Forecast till 2025. Some…
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will…
Bailley Drinking Water – Healthy Water – Safe Water
-Although water covers 70% area of Earth and it is the most necessary element for the survival, yet it is not available in abundance for drinking. Thus, Bailley turns out to be supplying high quality drinking water across India since its launch in 1993. Bailley packaged water is bottled in 52 state-of-the-art plants across India. Targeting various category of consumers & occasions, Bailey Water Bottle is satisfying their needs. There…
Mobile Water Treatment Market presents strong revenue visibility | Evoqua Water …
Global Info Reports render to you profound details in respect to leading participants, regions, application and type of the Mobile Water Treatment Market which is estimated to encounter substantial growth over the forecast period 2018-2025.
Market Outlook:
The market report based on our unique research methodology delivers thorough analytical scrutiny of the Global Mobile Water Treatment Market dispersed across several segments. The report also consists of current size and summary of the…
