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Flavored and Functional Water Market


The market for functional and flavored water can be expected to expand at a value based CAGR of 12.3% and show an increase in revenue from US$ 39,071.2 Mn to around US$ 117,323.1 Mn by 2033. – PowerPoint PPT presentation

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Date added: 19 February 2024
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Title: Flavored and Functional Water Market

The functional water market is experiencing a
surge in demand attributable to its perceived
health benefits and nutritional properties.
Consumers are increasingly turning to beverages
fortified with additional vitamins and proteins
to maintain hydration over extended periods.
Particularly, athletes and marathoners seek
beverages that sustain their hydration levels
through minimal consumption. Consequently, there
is a rising demand for functional water infused
with a variety of flavors, nutrients, proteins,
vitamins, minerals, botanicals, and oxygen,
aligning with evolving consumer preferences
towards value-added hydration. This trend is
anticipated to propel the growth of the
functional water market during the forecast
period, as outlined in the Functional and
Flavored Water Market Outlook (2023-2033). Key
Trends in the Market for Functional and Flavored
Water Increasing Demand for Functional Water A
growing emphasis on health and wellness globally
has led to heightened consumption of clean,
flavored, and hygienic drinking water. This shift
has resulted in a significant rise in per capita
consumption of flavored and functional water,
driven by an aging population and increased
health consciousness among consumers. Moreover,
factors such as rapid urbanization, rising
disposable income, improved standards of living,
and the expansion of retail chains are
supporting market growth, with companies aligning
marketing strategies to promote these
beverages. In a nutshell, the Persistence Market
Research report is a must-read for start-ups,
industry players, investors, researchers,
consultants, business strategists, and all those
who are looking to understand this industry. Get
a glance at the report at- https//www.persistenc
ional-water- market.asp Prevalence of Obesity
and Lifestyle Disorders Rising obesity rates and
increasing awareness of healthy lifestyles among
urban populations are key drivers for the global
flavored and functional water market. As
consumers become more health-conscious, there is
a shift away from artificial flavored and
carbonated beverages towards healthier
alternatives like flavored water. The
attractiveness of functional water, with its
health benefits and comparable pricing to
flavored water, further contributes to market
growth. Cosmetic Benefits Manufacturers are
capitalizing on the association between water
consumption and beauty regimes, particularly in
developing nations where increasing income
levels allow for the consumption of premium
products. This trend is anticipated to positively
impact market growth, especially as
industrialization leads to polluted water
supplies and increased demand for packaged
drinking water. Refreshing Taste The unique
flavors of flavored water encourage increased
water consumption, particularly among
individuals looking to lose weight. Infused
water, with its distinctive flavor, motivates
people to drink more water, promoting better
hydration and overall health. Environmental
Concerns The use of plastic bottles for
packaging flavored water poses environmental and
health concerns, limiting market growth. Plastic
packaging contributes to pollution and carbon
emissions, presenting challenges for
sustainability-conscious consumers and
regulatory bodies. Regional Analysis
  • Asia Pacific Opportunities While the flavored
    and functional water market is well-established
    in the US and Europe, Asia Pacific presents
    lucrative prospects due to its large population
    and increasing consumer awareness of functional
    beverages. Market players are likely to target
    this region, driven by the demand for healthier
    alternatives to carbonated soft drinks and the
    growing willingness of consumers to spend on
    functional beverages.
  • Segmentation
  • By Product Type
  • Flavored Water
  • Functional Water
  • By Sales Channel
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Departmental Stores
  • Online Retail
  • By Region
  • North America
  • Latin America
  • Europe
  • South Asia Pacific
  • East Asia
  • Middle East Africa
  • In conclusion, the functional and flavored water
    market is characterized by evolving consumer
    preferences towards healthier hydration options
    and sustainability considerations. Key trends
    such as increasing demand for functional water,
    prevalence of obesity and lifestyle disorders,
    cosmetic benefits, refreshing taste, and
    environmental concerns are shaping market
    dynamics and driving innovation among

sneak pick into the market. The pro-active
approach followed by experts at Persistence
Market Research helps companies/clients lay
their hands on techno-commercial insights
beforehand, so that the subsequent course of
action could be simplified on their
part. Contact Persistence Market Research
Teerth Technospace, Unit B-704 Survey Number
103, Baner Mumbai Bangalore Highway Pune 411045
India Email sales_at_persistencemarketresearch.com
Web https//www.persistencemarketresearch.com
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