Flavored and Functional Water Market: By Product Type (Flavored Water and Functional Water), By Source (Synthetic and Natural), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, and Others), and by Geography  

Purchase Option

$ 3000
$ 4400
$ 6600
$ 8900

Flavored and Functional Water Market size was valued at USD 5 billion in 2022 and is anticipated to grow to USD 39 billion by 2029 recording a CAGR of 11.5% from 2023-2029. Flavored water is bottled mineral water with added flavors. The healthfulness of the flavored water depends on the types of ingredients used. The flavored water consists of either natural or artificial flavorings or sweeteners. Some also contain added nutrients and caffeine. Functional water belongs to the non-alcoholic beverage category, with additional functionality and health benefits. Functional waters are enhanced by supplemental ingredients such as vitamins, minerals, herbs, vegetables, and raw fruits. Change in lifestyles along with an increase in health concerns is the key factor attributed to the growth of the flavored and functional water market. The adoption of a healthier lifestyle among the urban population is anticipated to drive the market growth of the flavored and functional water market over the forecast period. However, the stringent government regulations regarding food and safety are likely to hamper the growth of the flavored and functional water market. Mixed, guava, lemon, peach, and apple flavors are common in flavored and functional water products. Flavored and functional water is free of preservatives, dyes, caffeine, and carbonation. As a result, customers are growing interested in flavored and functional water products. Aerated drinks, such as cola, fizzy drinks, soda, and others, contain carbon dioxide and can cause weight gain, diabetes, and a high glycemic load on blood glucose, among other things. Whereas, non-aerated drinks, such as flavored and functional water, are not carbonated and have various nutritional benefits. The demand for bottled water, particularly flavored and functional water, has increased as a result of polluted water supplies in industrial and other sectors. In February 2018, Nestlé Waters North America launched a new line of healthy flavored sparkling water.

Flavored And Functional Water Market Summary

Study Period

2023-29

Base Year

2022

CAGR

11.5%

Largest Market

North America

Fastest Growing Market

Asia-Pacific
Flavored and Functional Water Market Dynamics

Flavored and functional water is a nutritious drink that gives you a boost of energy right away. Rapid urbanisation and a fast-paced lifestyle have led to an increase in health-related issues. As a result, customers are drawn to products that are readily available and do not harm their health. Flavored and functional water comes in appealing packaging and bottles, and it's easy to find. As a result, the consumer's needs are met, and this element adds to the flavoured and functional water market's rapid rise. Purified water is combined with water obtained from minerals, vitamins, and botanicals to create flavoured and functional water. It also contains micronutrients, which are beneficial to one's health. To maintain their market dominance, leading market brands are investing in and focusing on emerging technology.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Flavored And Functional Water Market Segmentation

By Product Type
  • Flavored Water
  • Functional Water
By source
  • Synthetic
  • Natural
By Distribution Channel
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Others
LOCATION

Geography

Frequently Asked Questions

The flavored and functional water market size was valued at USD 5 billion in 2022

The flavored and functional water market key players are: The Coca-Cola Company (U.S) Groupe Danone (France) Kraft Foods (U.S) Balance Water Company (U.S) Sunny Delight Beverage Company (U.S) Hint Water (U.S) Nestle Water (U.S) Herbal Water (U.S) PepsiCo (U.S)

The flavored and functional water market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

1. Executive Summary
2. Global Flavored and Functional Water Market Introduction 
2.1.Global Flavored and Functional Water Market  - Taxonomy
2.2.Global Flavored and Functional Water Market  - Definitions
2.2.1.Product Type 
2.2.2.source
2.2.3. Distribution Channel
2.2.4.Region
3. Global Flavored and Functional Water Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Flavored and Functional Water Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Flavored and Functional Water Market  By Product Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Flavored Water
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Functional Water
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6. Global Flavored and Functional Water Market  By source, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Synthetic
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Natural
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Flavored and Functional Water Market  By  Distribution Channel, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. Hypermarkets/Supermarkets
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Convenience Stores
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Others
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8. Global Flavored and Functional Water Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Flavored and Functional Water Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Product Type  Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Flavored Water
9.1.2.Functional Water
9.2.  source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Synthetic
9.2.2.Natural
9.3.   Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hypermarkets/Supermarkets
9.3.2.Convenience Stores
9.3.3.Others
9.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Flavored and Functional Water Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Flavored Water
10.1.2.Functional Water
10.2.  source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Synthetic
10.2.2.Natural
10.3.   Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hypermarkets/Supermarkets
10.3.2.Convenience Stores
10.3.3.Others
10.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Flavored and Functional Water Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Flavored Water
11.1.2.Functional Water
11.2.  source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Synthetic
11.2.2.Natural
11.3.   Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hypermarkets/Supermarkets
11.3.2.Convenience Stores
11.3.3.Others
11.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Flavored and Functional Water Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Flavored Water
12.1.2.Functional Water
12.2.  source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Synthetic
12.2.2.Natural
12.3.   Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hypermarkets/Supermarkets
12.3.2.Convenience Stores
12.3.3.Others
12.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Flavored and Functional Water Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
13.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Flavored Water
13.1.2.Functional Water
13.2.  source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Synthetic
13.2.2.Natural
13.3.   Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hypermarkets/Supermarkets
13.3.2.Convenience Stores
13.3.3.Others
13.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.The Coca-Cola Company (U.S)
14.2.2.Groupe Danone (France)
14.2.3.Kraft Foods (U.S)
14.2.4.Balance Water Company (U.S)
14.2.5.Sunny Delight Beverage Company (U.S)
14.2.6.Hint Water (U.S)
14.2.7.Nestle Water (U.S)
14.2.8.Herbal Water (U.S)
14.2.9.PepsiCo (U.S)
15. Research Methodology 
16. Appendix and Abbreviations 
  • The Coca-Cola Company (U.S)
  • Groupe Danone (France)
  • Kraft Foods (U.S)
  • Balance Water Company (U.S)
  • Sunny Delight Beverage Company (U.S)
  • Hint Water (U.S)
  • Nestle Water (U.S)
  • Herbal Water (U.S)
  • PepsiCo (U.S)