Market Overview

The Global Functional Water Market was valued at USD 9,150.8 million in 2023 and is expected to reach USD 13,489.0 million by 2031 while growing at a CAGR of 5.0% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global functional water market growth. Functional Water is a vital system of lights along runways and taxiways, aiding pilots in takeoff, landing, and taxiing. Essential for safe air traffic, these lights guide pilots, enhance visibility and maintain alignment, particularly in low visibility conditions like night, fog, or adverse weather.

Ongoing technological advancements, such as energy-efficient LED technologies and the continuous growth in global air traffic, are set to drive the functional water market. However, challenges like regulatory compliance and environmental concerns may impede market expansion.

Furthermore, the global functional water industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Functional Water Market is segmented among Vitamin, Protein, and Others, based on Product Type. In 2023, Vitamin accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Functional Water Market is segmented among Hypermarkets/Supermarkets, Convenience/Grocery Stores, Online Retail Stores, and Others, based on Distribution Channel. In 2023, Convenience/Grocery Stores accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Functional Water Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share and is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are The Coca-Cola Co. (Glaceau Smartwater), PepsiCo Inc. (Soulboost), Balance Water Company (Balance Water), Danone SA (Salus, Żywiec Zdrój, Volvic, Aqua, Font Vella, Mizone), Dr. Pepper Snapple Group Inc. (Canada Dry, Schweppes, Core Hydration, bai), Function Drinks (function), CENTR Brands Corporation (Centr), Flow Beverage Corp. (Flow), Disruptive Beverages Inc. (Ayala's Herbal Water), and Hint Inc.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Functional Water Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Functional Water Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Functional Water Market Segmentation, By Product Type  

• Global Functional Water Market Share Analysis, By Product Type  

• Global Functional Water Market Growth Analysis, By Product Type  

• Global Functional Water Market Trends, By Product Type  

o Vitamin

o Protein

o Other

6. Global Functional Water Market Segmentation, By Distribution Channel

• Global Functional Water Market Share Analysis, By Distribution Channel

• Global Functional Water Market Growth Analysis, By Distribution Channel

• Global Functional Water Market Trends, By Distribution Channel

o Hypermarkets/Supermarkets

o Convenience/Grocery Stores

o Online Retail Stores

o Other

7. Global Functional Water Market Segmentation, By Region

• Global Functional Water Market Share Analysis, By Region

• Global Functional Water Market Growth Analysis, By Region

• Global Functional Water Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• The Coca-Cola Co. (Glaceau Smartwater)*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• PepsiCo Inc. (Soulboost)

• Balance Water Company (Balance Water)

• Danone SA (Salus, Żywiec Zdrój, Volvic, Aqua, Font Vella, Mizone)

• Dr. Pepper Snapple Group Inc

• Canada Dry

• Function Drinks (function)

• CENTR Brands Corporation (Centr)

• Flow Beverage Corp. (Flow)

• Disruptive Beverages Inc. (Ayala's Herbal Water)

• Hint Inc

 *Similar analysis will be provided for each company listed above.