In this report, Technavio defines 2020 as the base year and 2021-2025 as the forecast period. The size of the functional water market is anticipated to grow by USD 5.763 billion from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 7.78% during the forecast period. Our report describes in detail the various factors that are responsible for the market growth and the growth momentum.
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What are the Some of the Topics Covered in this Report?
- Overview of the Market
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Factors Impacting Market Growth
- Vendor Analysis
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What are the Various Segments Covered in this Report?
Segmentation |
Segments |
Product |
Flavored functional water and unflavored functional water |
Geography |
APAC, North America, Europe, Middle East and Africa, and South America |
What are the Factors Driving the Growth of the Functional Water Market?
The growth of the functional water market will be driven by health-consciousness among consumers. Functional water has various minerals, vitamins, herbs, and other essential elements. Many consumers are opting for functional water, with the increase in awareness about its benefits.
What are the Trends Supporting the Growth of the Functional Water Market?
The growing popularity of functional water with herbal ingredients is a trend in the global functional water market. Consumers are becoming aware of the health benefits of functional water infused with herbs. In addition, functional water products with herbal ingredients are a healthier alternative to sweetened and carbonated beverages. Hence, manufacturers are introducing a wide range of variants that cater to health-conscious consumers.
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Which are the Major Vendors Operating in the Functional Water Market?
According to Technavio, the major vendors operating in the functional water market include Bridgepoint Group plc, Danone SA, Disruptive Beverages Inc., Nestle SA, NYSW Beverage Brands Inc., PepsiCo Inc., Sunsweet Growers Inc., Suntory Holdings Ltd., The Coca-Cola Co., and Trimino Brands among others.
Is the Market Fragmented or Concentrated?
The market is fragmented and the vendors are deploying growth strategies such as expanding the shelf space of functional water products at various retail outlets to increase the visibility of their products to compete in the market. In addition, vendors are introducing products with added health benefits to attract the customer base.
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Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.78% |
Market growth 2021-2025 |
USD 5.763 billion |
Market structure |
Fragmented |
YoY growth (%) |
7.40 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 41% |
Key consumer countries |
US, China, Japan, Germany, and Canada |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Bridgepoint Group plc, Danone SA, Disruptive Beverages Inc., Nestle SA, NYSW Beverage Brands Inc., PepsiCo Inc., Sunsweet Growers Inc., Suntory Holdings Ltd., The Coca-Cola Co., and Trimino Brands |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Packaged foods and meats
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 15: Product - Market share 2020-2025 (%)
- 5.2 Comparison by Product
- Exhibit 16: Comparison by Product
- 5.3 Flavored functional water - Market size and forecast 2020-2025
- Exhibit 17: Flavored functional water - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Flavored functional water - Year-over-year growth 2020-2025 (%)
- 5.4 Unflavored functional water - Market size and forecast 2020-2025
- Exhibit 19: Unflavored functional water - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Unflavored functional water - Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by Product
- Exhibit 21: Market opportunity by Product
6 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 23: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 24: Geographic comparison
- 7.3 APAC - Market size and forecast 2020-2025
- Exhibit 25: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 26: APAC - Year-over-year growth 2020-2025 (%)
- 7.4 North America - Market size and forecast 2020-2025
- Exhibit 27: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 28: North America - Year-over-year growth 2020-2025 (%)
- 7.5 Europe - Market size and forecast 2020-2025
- Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
- 7.6 South America - Market size and forecast 2020-2025
- Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
- 7.7 MEA - Market size and forecast 2020-2025
- Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 35: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography
8 Drivers, Challenges, and Trends
- 8.2 Market challenges
- Exhibit 37: Impact of drivers and challenges
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 38: Vendor landscape
- 9.3 Landscape disruption
- Exhibit 39: Landscape disruption
- Exhibit 40: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 41: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 42: Market positioning of vendors
- 10.3 Bridgepoint Group plc
- Exhibit 43: Bridgepoint Group plc - Overview
- Exhibit 44: Bridgepoint Group plc - Product and service
- Exhibit 45: Bridgepoint Group plc - Key News
- Exhibit 46: Bridgepoint Group plc - Key offerings
- 10.4 Danone SA
- Exhibit 47: Danone SA - Overview
- Exhibit 48: Danone SA - Business segments
- Exhibit 49: Danone SA - Key News
- Exhibit 50: Danone SA - Key offerings
- Exhibit 51: Danone SA - Segment focus
- 10.5 Disruptive Beverages Inc.
- Exhibit 52: Disruptive Beverages Inc. - Overview
- Exhibit 53: Disruptive Beverages Inc. - Product and service
- Exhibit 54: Disruptive Beverages Inc. - Key offerings
- 10.7 NYSW Beverage Brands Inc.
- Exhibit 59: NYSW Beverage Brands Inc. - Overview
- Exhibit 60: NYSW Beverage Brands Inc. - Product and service
- Exhibit 61: NYSW Beverage Brands Inc. - Key offerings
- 10.8 PepsiCo Inc.
- Exhibit 62: PepsiCo Inc. - Overview
- Exhibit 63: PepsiCo Inc. - Business segments
- Exhibit 64: PepsiCo Inc. - Key offerings
- Exhibit 65: PepsiCo Inc. - Segment focus
- 10.9 Sunsweet Growers Inc.
- Exhibit 66: Sunsweet Growers Inc. - Overview
- Exhibit 67: Sunsweet Growers Inc. - Product and service
- Exhibit 68: Sunsweet Growers Inc. - Key offerings
- 10.10 Suntory Holdings Ltd.
- Exhibit 69: Suntory Holdings Ltd. - Overview
- Exhibit 70: Suntory Holdings Ltd. - Business segments
- Exhibit 71: Suntory Holdings Ltd. - Key offerings
- Exhibit 72: Suntory Holdings Ltd. - Segment focus
- 10.11 The Coca-Cola Co.
- Exhibit 73: The Coca-Cola Co. - Overview
- Exhibit 74: The Coca-Cola Co. - Business segments
- Exhibit 75: The Coca-Cola Co. - Key offerings
- Exhibit 76: The Coca-Cola Co. - Segment focus
- 10.12 Trimino Brands
- Exhibit 77: Trimino Brands - Overview
- Exhibit 78: Trimino Brands - Product and service
- Exhibit 79: Trimino Brands - Key offerings
11 Appendix
- 11.2 Currency conversion rates for US$
- Exhibit 80: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 81: Research Methodology
- Exhibit 82: Validation techniques employed for market sizing
- Exhibit 83: Information sources
- 11.4 List of abbreviations
- Exhibit 84: List of abbreviations
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SOURCE Technavio
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