Lucintel’s latest market report analyzed that flavored and functional water provides attractive opportunities in the food and beverage industries. The flavored and functional water market is expected to grow with a CAGR of 11%. In this market, flavored water is the largest segment by water type, whereas vitamins and minerals are largest by ingredient.
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Based on water type, the flavored and functional water market is segmented into flavored water and functional water. The flavored water segment is accounted for the largest share of the market in 2020 due to various health benefits and improves immunity and boosts energy.
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The flavored and functional water market is marked by the presence of several big and small players. Some of the prominent players offering flavored and functional water include Kraft Foods, Hint Water, PepsiCo, The Coca-Cola, Nestle, Group Danone, Sunny Delight, Balance Water Company, and other.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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