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The global flavored and functional water market revenue is expected to expand at a lucrative CAGR over the forecast period. Increasing health consciousness among consumers across the globe is a major factor expected to drive growth of the global market over the forecast period.

The global flavored and functional water market report has been segmented on the basis of product, packaging, distribution channel, and region. On the basis of product, the target market is segmented into flavored Water and functional Water. The functional water product segment is expected to register significant share in terms of revenue over the forecast period, owing to increasing consumer preference towards heartier refreshments as compared to normal water. On the basis of packaging, the target market is segmented into pet bottles, glass bottled cans, and pouches. The pet bottle packing type segment is expected to register significant share in terms of revenue over the forecast period, owing to its recyclable ability. On the basis of distribution channel, the target market is segmented into hyper market, grocery and provisional stores, drug stores, and vending machines. The grocery and provisional stores distribution channels segment is expected to register significant growth over the forecast period.

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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is estimated to be highest share in terms of revenue over the forecast period, owing to increasing health awareness among consumers in various countries in this region. The market in Asia Pacific is expected to register significant share in terms of revenue over the forecasts period, owing to innovative product launch by manufactures according to consumer demand in various countries in this region.

Key players operating in the global flavored and functional water market include Nestle S.A., Danone SA, Kraft Heinz Company, The Coca-Cola Company, PepsiCo, Inc., Saratoga Spring Water Company, Hint Inc., Sunny Delight Beverages Co., Herbal Water, Inc., and Talking Rain Beverage Company, Inc.

 

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