Title: Functional Water Market 2019 Global Industry Forecasts Analysis, Company Profiles, Competitive Landscape and Key Regions Analysis Available
1- Global Functional Water Market to Grow
Exponentially with 7.4 CAGR, Supermarkets and
Hypermarkets to Dominate Distribution Channels,
says Fortune Business Insights - The change in beverage consumption habits of
people and rising preference for non-alcoholic
drinks is driving the global functional water
market, says Fortune Business Insights in their
new study. The study is titled, Functional Water
Market Size, Share and Global Trend by
Ingredient (Micronutrients, Botanical Extracts),
Distribution Channel (Supermarkets/
Hypermarkets, Convenience Stores, Online Retail)
Geography Forecast till 2026. As per the
study, the market is expected to exhibit a CAGR
of 7.4 and reach a valuation of US 18.24 Bn by
the end of 2025, from US 10.34 Bn in 2017. - Sample PDF Brochure at https//www.fortunebusiness
insights.com/enquiry/request- sample-pdf/function
al-water-market-100279 - Some of the key players operating in the Global
Functional Water Market Are - Nirvana Water
- Tata Global Beverages
- Nestlé
- Allure Organics Natural CBD water
- Groupe Danone
- PepsiCo
- Balance Water Company LLC.
- The Alkaline Water Company Inc.
- Dr Pepper Snapple Group
- Fortune Business Insights foresees the mass
merchandizers segment namely the hypermarkets
and supermarkets segment to collect the largest
revenues with respect to the distribution
channels segment. This is owing to the variety,
accessibility, and availability of enhanced
water. However, online retail stores and
convenience stores are anticipated to register
greater revenue generation because of the
personalized purchasing experiences.
2water, thus, hampering the market in the long
run. Additionally, several campaigns by
government and non-government organizations
against the use of unnatural, flavored and
functional water may cause hindrance to the
global functional water market during the
forecast period. Nevertheless, Rapid
urbanization and increasing disposable income of
people are likely to offer better growth
opportunities for the market in the years to
come. Again, advancement in food processing and
better packaging and advertising strategies will
also help the market generate better revenues in
the future. North America to Emerge Dominant
with Large Majority of Consumers Clearly, the
global market for functional water is dominated
by North America and is likely to remain the
same in future due to robust growth in Canada and
the United States. The sale of bottled water has
crossed the sale of aerated drinks in the U.S.
Again, the existence of major market vendors in
the region is helping the market in North America
to gain maximum revenue. On the other side, the
functional water market in Asia Pacific is
anticipated to exhibit faster growth. This is
owing to the rising awareness about the benefits
of functional water in the developing region and
their increasing popularity. Functional water
category is likely to establish as a new and
popular category among packaged beverages in the
region. Most players are focusing on advertising
and marketing tactics to draw more revenue into
the market. While others are investing in
research and development to come up with
innovative flavors and added nutrient
qualities. Browse Complete Report Details at
https//www.fortunebusinessinsights.com/industry-
reports/functional-water-market-100279