Market Research Report
Functional Water Market 2020-2026
|Functional Water Market 2020-2026|
Published: June 22, 2020
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
Global Functional Water Market Size, Share & Trends Analysis Report by Product Type (Vitamin, Protein, and Others) by Distribution Channel (Supermarket, Specialty Store, Online Store, and Others) Forecast Period (2020-2026)
The functional water market is anticipated to showcase a considerable growth rate during the forecast period. The benefits offered by the intake of the functional water are the key motivator for the growth of the functional water market across the globe. The increasing urbanization, rise in income level and pollution level has increased the requirement of packaged drinking product which in turn is driving the growth of the global functional water market. However, the high cost of the functional water is expected to restrain the growth of the global functional water market during the forecast period.
The functional water market is segmented on the basis of product type and distribution channels. Based on type, the market is sub-segmented into vitamin, protein, and others. Based on the distribution channel, the functional water market is segmented into supermarkets, specialty stores, online stores, and others. The supermarket is anticipated to hold considerable market share based on the distribution channel.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is expected to showcase considerable growth in the global functional water market. The high demand for bottled water in the US is a major contributor to the market growth in the region. Asia-Pacific is anticipated to hold a considerable market share in the functional water market. The rising awareness related to the benefits of the functional water is a key motivator to the growth of the market in the region.
The Key players of the functional water market include Disruptive Beverages Inc., The Coca-Cola Co., PepsiCo Inc., Balance Water Co., Danone Group, Dr. Pepper Snapple Group Inc., Trimino Brands Company LLC, Nestle S.A., Hint Inc., and so on. The new product launch and product development are the core focus of these major market players. Moreover, the key players of the functional water market are actively adopting organic or inorganic market activities to increase their market share.
The market study of the global functional water market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
The Report Covers: