Global Functional Water Market Size By Type, By Distribution Channel, By Geographic Scope And Forecast
Functional Water Market Size And Forecast
Functional Water Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2027.
Global Functional Water Market Outlook
The market for functional water is gaining traction owing to the rising demand for herb-infused water to provide extra flavor to the normal water. The addition of herbs in functional water provides an extra flavor with added nutritional benefits of the herbs. Such herb-infused functional water is growing popularity among consumers due to growing awareness for leading an active and healthy lifestyle. The growing demand for functional water can be attributed to the rising outdoor and sports activities among the population. Sports and outdoor activities lead to heavy sweating which in turn causes a loss of electrolytes. Functional waters are packed with additional minerals, vitamins, and electrolytes to refresh the body and maintain the normal pH and electrolyte levels of the body, therefore surging its demand in the market. The growing awareness among consumers regarding the potential damage caused to the body due to the consumption of carbonated and high sugar beverages have provided an upthrust to the functional water market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Functional Water Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Functional Water Market Competitive Landscape
The Global Functional Water Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as The Coca-Cola Co., PepsiCo, Danone Group, Dr. Pepper Snapple Group, Hint Inc., Trimino Brands Company.
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