LONDON--(BUSINESS WIRE)--Aug 30, 2018--According to the latest market research report released by Technavio, the global functional water market is expected to accelerate at a CAGR of almost 9% during the forecast period. The increasing demand for functional beverages is one of the key factors triggering the growth of the market.

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Technavio has published a new market research report on the global functional water market from 2018-2022. (Graphic: Business Wire)

This research report titled provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The market research analysis categorizes the global functional water market into the following products:

Flavored functional water Unflavored functional water

In 2017, the flavored functional water segment accounted for 80% of the global market and is projected to decline to 76% by 2022, exhibiting a 4% decrease in market share.

Global functional water market: Top emerging trend

The rising interest in functional water with herbal ingredients is an emerging trend in the non-alcoholic beverages space. 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. With the consumers knowing that functional beverages contain quality ingredients that provide additional health benefits, they are more inclined towards adopting functional beverages, which is positively affecting the growth of the global functional water market. There is also a substantial increase in the consumer population that prefers bottled water due to the increasing rate of tap water contamination. Moreover, increasing rate of obesity, diabetes and other diseases is compelling consumers to avoid sugary soft drinks, which is leading to a positive impact on the global functional water market.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Functional Water Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by product (flavored functional water and unflavored functional water)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Danone, Nestlé, New York Spring Water, PepsiCo, and THE COCA-COLA COMPANY)

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE: Technavio Research

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PUB: 08/30/2018 07:23 AM/DISC: 08/30/2018 07:23 AM