Global Functional Water Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Functional Water Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type, (Vitamin, Protein, and Others), Distribution Channel (Hypermarkets/Supermarkets, Convenience/Grocery Stores, Online Retail Stores, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
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.