Flavored and Functional Water Market to Be Worth Us$36.7 Bn by 2019

Transparency Market

Research

Flavored and Functional Water Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2013 – 2019

Published Date

16-04-2014

64 Page Report

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Press Release

Global Flavored and Functional Water Market to Exhibit 11.50% CAGR

during 2013-2019 due to Growing Demand from China

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Flavored and Functional Water Market

REPORT DESCRIPTION

According to a recent market research report published by Transparency Market Research, the global

flavored and functional water market is estimated to expand at a CAGR of 11.50% during the period from

2013 to 2019. The report, titled “Flavored and Functional Water Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2013-2019,” projects the global flavored and functional water market

to be worth US$36.7 bn by 2019. The overall market was worth US$17.2 bn in 2012.

Flavored and functional drinks contain herbs, amino acids, vitamins, and minerals and are highly preferred

by health-conscious consumers. The high rate of urbanization, coupled with a rise in disposable incomes,

has boosted the growth of the global flavored and functional water market.

The rapidly increasing prevalence of obesity has led to growing concerns among consumers to maintain a

healthier lifestyle and reduce intake of aerated drinks that contain a high amount of sugar. The growing

geriatric population has also fuelled the demand for flavored and functional water. However, increasing

campaigns against packaging bottles will restrain the growth of the market during the forecast horizon.

Balancing flavor, function, and sugar quantity in flavored and functional water is one of the major

challenges faced by the market players. Introduction of substitute products...