Functional water is water with added vitamins which are supposed to bring health benefits. It also includes unique ingredients like herbs and antioxidants. The market is expected to register at a CAGR of 8.5%, to reach USD XX billion by the year 2024.
Global Functional Water Market Share:
Europe has the most significant market share regarding the functional water. In Europe, every individual is concentrating on the Weight management and Good Health. The same trend along with is expected to continue during the forecast period.
Global Functional Water Market Size:
Functional water mostly comes in pet bottles which are highly recyclable. Useful glass water bottle is offered at higher price and account for the most significant share in Europe market value. With the advancement of packing technology and increase in the usage of recyclable packing, PET bottles are preferably used by manufacturers to supply functional water products to the users.
Global Functional Water Market Growth:
The drivers that are involved in the growth of the global functional market are organic food, clean –label and
Global Functional Water Market Industry Analysis:
Categories such as Physical fitness and the healthy foods have highest growth markets. The increasing of awareness towards the products and the weight management foods helps to increase the market demand regarding revenue. Health and wellness are the upcoming trends in 20 and 21 century.
Global functional Water Market Outlook:
Nowadays most of the individuals may prefer alternative sources for drinking water instead of depending on city quality supply services. They may include the purchase of the water purifiers, installation of filtration devices and bottled water. The quality of water was tested by estimating the individual willingness to pay.
Global Functional Water Market Trends:
In PepsiCo Company getting the number is one part, the second one is to create the culture, and the third one is to create the role models in the company. Now PepsiCo
Global Functional Water Market Research Report includes:
Nestle Waters
New York Spring Water
PepsiCo Inc.
Sunny Delight Beverages Company
Starting from $2700
Starting from $2700
Starting from $2700
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