Owing
to the shift in demand towards healthier drinks and the growing
global population, the market for flavored and functional water is
increasing rapidly, states Transparency Market Research (TMR) in its
newly published research report, titled ‘Flavored and Functional
Water Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2013-2019’.
The
report states that the global flavored and functional water market is
expected to reach US$36.7 bn by 2019 from a market value of US$17.2
bn in 2012. The market is likely to register a CAGR of 11.50% between
2013 and 2019. Some of the driving forces of this market are the
increasing obesity rate, the growing geriatric population, high rate
of urbanization, and rising number of health-conscious consumers. The
constantly growing concern of consumers towards maintaining a
healthier life and the emergence of various opportunities in the
emerging markets are boosting the overall market.
Browse
full Flavored
and Functional Water Market
report
at:http://www.transparencymarketresearch.com/flavored-functional-water.html
Rapid
urbanization and increasing disposable incomes in regions such as
Asia, the Middle East, and Latin America have led to increased
consumer awareness about better lifestyle options in terms of foods
and beverages. Both these factors are rapidly driving the market for
flavored and functional water around the world. The demand for
flavored and functional water products is high in China, due to the
expansion of its industrial as well as agricultural sectors. The
rising activities in these sectors have resulted in polluted water
supplies, which in turn have boosted the demand for bottled water and
other flavored and functional water products.
Increasing
income levels have enabled consumers to spend more on premium
flavored and functional water products available in the market. This,
in turn, provides a great opportunity for the market players to focus
on developing high-quality products at attractive prices. According
to the study report, flavored and functional drinks, which are high
in herbs, vitamins, amino acids, and minerals, are increasingly being
preferred over aerated drinks across many regions. One of the main
factors behind this is that these drinks are reasonably priced on the
market.
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a Brochure of this Report
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In
terms of market appeal, the report includes a comprehensive analysis
of the global flavored and functional water market. It also studies
the main factors used to judge the index of appeal, including overall
market size, areas of expansion, and growth rate. The most commonly
seen flavored and functional water flavors are apple, peach, orange,
cherry, mixed flavors, and lemon. These drinks are highly preferred
by consumers, as they do not contain any carbonation, preservatives,
color, or caffeine. They are mainly consumed by health-conscious
people opting for drinks that contain less preservatives and sugar.
In
order to provide an accurate and balanced evaluation of the flavored
and functional water market, the study report also studies various
restraints upon the market, such as the mounting protests against
packaging bottles, competition brought by other substitute drinks,
and the challenge of balancing the sugar quantity in a drink with its
health appeal.Some of the major companies in the flavored and
functional water market covered in the study report are PepsiCo, The
Coca-Cola Company, Kraft Foods, Groupe Danone, Nestle, and Sunny
Delight Beverages Company.
Major
geographies analyzed under this research report are:
- Europe
- North America
- Asia-Pacific
- Rest of the World
Browse
the full Press
Release:http://www.transparencymarketresearch.com/pressrelease/flavored-functional-water.htm
About
Us
Transparency
Market Research (TMR) is a global market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of Analysts, Researchers, and Consultants,
use proprietary data sources and various tools and techniques to
gather and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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