Global Functional Water Market was valued at US$ XX Mn in 2019 and is estimated to reach US$ XX Mn by 2026 at a CAGR of XX % during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Global Functional Water Market Dynamics

An escalating population of health-conscious consumers and the health benefits of consuming functional water attributed to the presence of minerals, vitamins, herbs and other essential elements drives the functional water market. In addition, an increasing rate of obesity, diabetes, and other diseases is convincing consumers to avoid sugary soft drinks that has affected positively on the global functional water market. The functional water market is expanding rapidly owing to change in beverage consumption habits,

preference has shifted from high sugar, carbonated beverages to functional water. The major restraint for the functional water market is its fluctuation in cost. Customer bargaining power has increased due to the availability of abundant substitutes and low switching costs.
Global Functional Water Market Segment Analysis

PET bottle is major contributor attributed to its versatility, attractiveness, lightweight, recyclable nature and ease in transportation. Glass bottles are heavy in weight and non-recyclable and the use glass for water packaging is not economical. Development in the technology of PET packaging is expected to reduce the overall production cost, bringing flexibility for different shapes.

Supermarkets are major shareholders owing to growing customer's preference to visits stores. The considerable increase in online sales is predicted due to the presence of a better online platform, discount offers, and ease in delivery that will drive product demand.
Global Functional Water Market Regional Insights

Europeans have healthy eating habits. Consumption patterns in the European region are occupied by healthy and weight management ingredients. Low-calorie and unsweetened flavored functional water are gaining popularity, owing to the rise in health issues, such as obesity and diabetes. The number of new product launch in Europe is the highest when it comes to functional water.

The report covers major market drivers, restraints, opportunities, and challenges in the market. Furthermore, Competitive scenario and market share of the top players in the market, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address the question of shareholders prioritizing the efforts and investment in the near future to the particular market segment.
Functional Water Market, Key Highlights:

• Functional Water Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Functional Water Market
• Functional Water Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Functional Water Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Functional Water Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Functional Water Market are also profiled.
Scope of the Global Functional Water Market

Global Functional Water Market, by Product:

• PET bottle
• Glass bottle
• Cans & pouches
Global Functional Water Market, by Distribution Channel

• Speciality Retailer
• Super Market/Hyper Markets
• Online
• Others
Global Functional Water Market, by Region:

• North America
• South America
• Asia-Pacific
• Europe
• Middle East & Africa
Global Functional Water Market Key Players

• Dr Pepper Snapple Group Inc.
• Nestle S.A.
• PepsiCo
• The Coca-Cola Company
• Groupe Danone
• Hint Water
• Tata Global Beverages
• Allure Organics
• New York Spring Water
• Balance Water Company
• Sunny Delight Beverages Company.
• Eklo Water
• Groupe Danone
• Nestle Water
• Suntory Beverage & Food Ltd.

For More Information Visit @: https://www.maximizemarketresearch.com/market-report/global-functio...

This Report Is Submitted By: Maximize Market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.