The analysts forecast global functional water market to grow at a CAGR of 8.83% during the period 2018-2022. One trend in the market is rising interest in functional water with herbal ingredients.
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The increasing demand for functional water with herbal ingredients across the globe is because the consumers are well-aware of the health-promoting benefits of consuming functional water infused with herbs.
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For example, the consumption of aloe vera infused drinking water is gaining recognition in the market for its role in enhancing the immune response of the human body.
Major key players in the global functional water market: Danone, Nestlé, New York Spring Water, PepsiCo, and THE COCA-COLA COMPANY.
According to the functional water market report, one driver in the market is increasing demand for functional beverages. The growing population of health-conscious consumers across the globe prefers functional beverages over other bottled drinks.
The health benefits of consuming functional water are attributable to the presence of minerals, vitamins, herbs and other essential elements.
Further, the functional water market report states that one challenge in the market is availability of low-cost alternative drinks. The global functional water market is being strongly affected by the increasing availability of low-cost, alternative drinks such as juices, soft drinks, and more.
The consumers who are fond of different flavors are more likely to consider substitutes like juices and soft drinks while looking to purchase bottled drinks.
Key questions answered in this report:
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Few points from List of Exhibits:
Exhibit 1: Parent market
Exhibit 2: Global soft drinks market
Exhibit 3: Market characteristics
Exhibit 4: Market segments
Exhibit 5: Market definition - Inclusions and exclusions checklist
Exhibit 6: Market size 2017
Exhibit 7: Validation techniques employed for market sizing 2017
Exhibit 8: Global Market size and forecast 2017-2022 ($ billions)
Exhibit 9: Global Year over year growth 2018-2022 (%)
Exhibit 10: Five forces analysis 2017
Exhibit 11: Five forces analysis 2022
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2017
Exhibit 18: Product Market share 2017-2022 (%)
Exhibit 19: Comparison by product
Exhibit 20: Flavored functional water Market size and forecast 2017-2022 ($ billions)