![Global functional water market](https://res.cloudinary.com/devmoveo/image/upload/v1705314077/skyquest/report/phpPHab4H.jpg)
Report ID: SQMIG30F2036
Report ID:
SQMIG30F2036 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
116 |
Figures:
76
Due to their growing preference for functional beverages, North America dominated the global functional drinks market in 2021. This is a result of the widespread obesity in this region's population as well as the significant demand for functional water among those involved in sports and fitness. Due to its strong growth in the U.S., the developed market of North America is by far the top region for sales of functional additives added water. In the United States, sales of bottled water recently surpassed those of soft drinks. Thus, the bottled water industry is a stronghold that encourages businesses to make investments and broaden their functional offerings. Functional ingredients added water had surpassed soft drinks to become the most popular beverage in the US by volume even before the COVID-19 pandemic. The product's benefits for health and wellbeing, convenience, and the availability of more low-calorie carbonated beverages than ever before are other trends that are driving greater usage.
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Report ID: SQMIG30F2036