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Functional Water Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Functional

The “Functional Water Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Functional Water Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Functional Water market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Functional Water Market Are:

  • The Coca
  • Cola Co.
  • PepsiCo
  • Balance Water Company
  • Danone Group
  • Dr. Pepper Snapple Group Inc.
  • New York Spring Water
  • Function Drinks
  • Trimino Brands Company LLC
  • Herbal Water

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    Market Overview:

  • The functional water market is expected to reach USD 160.89 billion by 2024, registering a CAGR of 7.06% during the forecast period (2019 – 2024). Functional water is recognized as aquaceutical, a non-alcoholic beverage similar to water having additional ingredients that increase functional benefits. It provides both refreshment and taste. Some common additives are vitamins, acids, minerals, herbs, and fruits or vegetables which help in improving immunity and boost energy. Shift in preference from carbonated and high sugar beverages, will drive the demand for functional water market. The increasing trend of sugar-free or natural sweetener-based functional water that has no or low calorie content.

    Scope of the Report:

  • The market studied is segmented by product type, distribution channel, and geography. On the basis of product type, the market studied is segmented into protein water, vitamin water, and others. By distribution channel, the market is segmented into specialist retail store, hypermarket/supermarket, online channel, and others.

    Functional Water Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Functional Water market?
    • What are the key market trends impacting the growth of the global Functional Water market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Functional Water market?
    • What are the market opportunities and threats faced by the vendors in the global Functional Water market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Functional Water market?

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    Key Market Trends:

    Value Added Hydration Evolving Consumer Preferences in Functional Water Market

    The rapid demand for fortified beverages is attributed to the inclusion of essential ingredients, such as protein, amino acids, vitamins, and minerals in various functional beverages. Introduction of new and innovative types of functional water from the beverage manufacturing companies that are engaged in the production of modified blends of protein and minerals is likely to fuel the growth of the market. The rise in obese and diabetic populations in the United States, China, India, Australia, and the United Kingdom, among others, has shifted the focus from carbonated soft drinks to bottled water in the recent past. A research by the International Food Information Council Foundation on Food and Health revealed that 47% of the total consumers prefer food with additional nutrients.

    Europe Held a Prominent Market in the Functional Water Market

    The consumption pattern in the European region is shifting toward healthy and weight management ingredients. As functional water contributes to the same, the region stands at the top position. However, the demand for functional water received a boost with Coca-Cola’s acquisition of Glaceau Vitaminwater in 2007 in the United Kingdom. The transition from the United States to European markets and reformulation of the product using stevia and new vitamin and mineral combinations proved to be successful for the brand in the United Kingdom in 2012.With the growing trend toward health and wellness among consumers, functional waters with a blend of diverse flavors are an increasingly visible presence in the market shelves in the United Kingdom.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Functional Water Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Functional Water .

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    Report Objectives:

    • Analyzing the size of the Functional Water market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Functional Water market.
    • Determining the key dynamics of the Functional Water market.
    • Highlighting significant trends of the Functional Water market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Functional Water market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Functional Water market.

    Detailed TOC of Functional Water Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY
    3.1 Market Overview

    4 MARKET DYNAMICS
    4.1 Market Drivers
    4.2 Market Restraints
    4.3 Porter’s Five Forces Analysis
    4.3.1 Threat of New Entrants
    4.3.2 Bargaining Power of Buyers/Consumers
    4.3.3 Bargaining Power of Suppliers
    4.3.4 Threat of Substitute Products and Services
    4.3.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Vitamin
    5.1.2 Protein
    5.1.3 Other Product Types
    5.2 By Distribution Channel
    5.2.1 Supermarket/Hypermarket
    5.2.2 Speciality Store
    5.2.3 Online Store
    5.2.4 Other Distribution Channels
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.1.4 Rest of North America
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 India
    5.3.3.2 China
    5.3.3.3 Australia
    5.3.3.4 Japan
    5.3.3.5 Rest of Asia-Pacific
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 South Africa
    5.3.5.2 Saudi Arabia
    5.3.5.3 Rest of MEA

    6 COMPETITIVE LANDSCAPE
    6.1 Market Share Analysis
    6.2 Most Adopted Strategies
    6.3 Most Active Companies
    6.4 Company Profiles
    6.4.1 The Coca-Cola Co.
    6.4.2 PepsiCo
    6.4.3 Balance Water Company
    6.4.4 Danone Group
    6.4.5 Dr. Pepper Snapple Group Inc.
    6.4.6 New York Spring Water
    6.4.7 Function Drinks
    6.4.8 Trimino Brands Company LLC
    6.4.9 Herbal Water

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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