Global Flavored and Functional Water Hydration Market Analysis, Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020

Japan, Japan, Mon, 18 Oct 2021 00:37:34 / Comserve Inc. / -- To shift the consumer preference from carbonated drinks and high sugar beverage is driving the growth of Flavored and Functional Water Hydration market.

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

To shift the consumer preference from carbonated drinks and high sugar beverage is driving the growth of Flavored and Functional Water Hydration market. Moreover, the consumers these days prefer a no-calories and sugar-free functional water. Functional water contains vitamins, minerals, herbs, and fruits and vegetables, the benefits of which are driving the demand for the flavored and functional water hydration since the recent years.

Moreover, increasing pollution, rapid urbanization, industrialization, and improving economic conditions having enhanced consumer purchasing power. Moreover, rising prevalence of obesity and sugar concerns has boosted the demand for flavored and functional bottled water in the market.

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According to the MarkNtel Advisors' research report titled "Global Flavored and Functional Water Hydration Market Analysis, 2020", the CAGR of the market is expected to be around 8.4% and is expected to reach USD 44.28 billion during 2020-25. The consumers have become more conscious about the harmful effects of the single-use plastics. Manufacturers are opting for biodegradable packaging methods to further attract the consumers in purchasing their products.

Minerals and Vitamins Led the Segment of Flavored and Functional Water Hydration
With the rising preference of consumers for about importance of vitamins, minerals, botanical extracts, and amino acids. Consumers are increasingly shifting their preference toward nutritional water rather than carbonated drinks.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Flavored and Functional Water Hydration Market Analysis, Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020

Based on the distribution channel, grocery and departmental stores accounted for the largest market share in the sales of the functional water. Flavored and functional water is available in specialty stores that offer healthy food and beverage. The sales through online distribution is witnessing a huge growth and is expected to witness a surge in demand.

The US, Germany, France, Italy, and Japan are the leading markets in the Flavored and Functional Water Hydration market, largely due to the urban population in these countries is getting more concerned about their appearance and staying fit. The emerging countries in South America, Middle East region, and Asia-Pacific are showing a considerable growth and are expected to grow further during 2020-25.
According to the MarkNtel Advisors, the major leading players are Nestle, Danon, Kraft Foods, Coca-Cola, New York Spring Water, Pepsico, Hint, Herbal Water, Talking Rain Beverage, and Sunny Delight among others.

TABLE OF CONTENT

1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Executive Summary
3. Experts Verbatim-What our experts say?
4. Global Flavoured and Functional Water Hydration Market Voice of Customer
4.1. Brand Awareness
4.2. End User Expectations
4.3. Key Factors Impacting Vendor Selection

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