Precision Business Insights has published a report on the global flavored and functional water market, estimating its value at USD 6.3 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 12.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/flavored-and-functional-water-market
The Flavored and Functional Water Market focuses on beverages that combine hydration with added benefits such as vitamins, minerals, electrolytes, and natural flavors. These drinks serve as healthier alternatives to sugary sodas and artificial beverages.
Drivers:
- Increasing Health Consciousness: Consumers are shifting toward low-calorie, nutrient-rich beverages to support wellness and hydration.
- Growing Demand for Functional Ingredients: The inclusion of electrolytes, antioxidants, probiotics, and herbal extracts enhances the appeal of functional water.
The global flavored and functional water market segmentation:
- By Product Type: Flavored Water and Functional Water
- By Source: Synthetic and Natural
- By Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, and Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the flavored and functional water market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the flavored and functional water market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like The Coca-Cola Company (U.S), Groupe Danone (France), Kraft Foods (U.S), Balance Water Company (U.S), Sunny Delight Beverage Company (U.S), Hint Water (U.S), Nestlé Water (U.S), Herbal Water (U.S), PepsiCo (U.S).
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