Asia-Pacific Functional Water Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

Asia-Pacific Functional Water Market is segmented by Product Type (Vitamin, Protein, and Others), By Distribution Channel (Supermarket/Hypermarket, Specialty Store, Online stores and Others) and by Geography.

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APAC Functional Water Market Size

Asia-Pacific Functional Water Market Size
Study Period: 2018 - 2028
CAGR: 5.36 %

Major Players

Asia-Pacific Functional Water Market Key players

*Disclaimer: Major Players sorted in no particular order
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APAC Functional Water Market Analysis

Asia-Pacific functional water market is projected to grow at a CAGR of 5.36% during the forecast period (2020-2025).

  • Consumer preference for healthy hydration has been a crucial factor that is driving the growth of the Asia-Pacific market. The rising health consciousness among consumers has led to the demand for functional beverages.
  • Further, owing to the large shelf space and availability of diversified product ranges across brands in one place, hypermarket/ supermarket remained the most preferred point of sale for functional beverages, contributing to the overall sales of the market.
  • Regional players dominate the market share with every country having its own dominant brands.

APAC Functional Water Industry Segmentation

Asia-Pacific functional water market is segmented by product type, distribution channel, and geography. On the basis of product type, the market studied is segmented into protein water, vitamin water, and others. By distribution channel, the market is segmented into supermarket/ hypermarket, specialty stores, online stores, and others.

By Product Type
Vitamin
Protein
Others
By Distribution Channel
Supermarket/Hypermarket
Specialty Stores
Online Stores
Others
By Geography
China
Japan
Australia
India
Rest of Asia-Pacific

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APAC Functional Water Market Trends

This section covers the major market trends shaping the APAC Functional Water Market according to our research experts:

The Growing Demand for Healthy Hydration

The progressive inclination of Asian consumers toward health-oriented products has catered to the functional water industry. The convenience factor together with healthy nutrients entices a more consumer base. The continuous demand for electrolytes, protein, and vitamin-enriched drinks is witnessed in the region especially by baby boomers and the millennial population to keep their body fit and active after hectic work schedules, gym, and other activities. In addition, manufacturers retailing their products at competitive prices further inclines consumers towards healthy hydration, nonetheless, the premium water ranges are also witnessing an upsurge in the market led by the rising income group in the region.

Asia-Pacific Functional Water Market Trends

Supermarket/Hypermarket Drives the Market

Supermarkets/Hypermarkets are considered to be one of the most convenient mediums of shopping across the world. Gaining their popularity from the West, their number has staggeringly increased in the Asia Pacific region, where the countries are rapidly developing and adopting urbanization policies.

 The transforming lifestyles of the people and the increase in the buying power of the consumers in countries like China, India, are posing good opportunities for the establishment of supermarkets that attract the consumers due to the associated convenience of getting vivid products under one roof. Thus, the flourishing distribution channel of supermarkets/hypermarkets is likely to promote the sales of the different functional water products in the region, driving the market in the near future.

Asia-Pacific Functional Water Market Analysis

APAC Functional Water Industry Overview

The global players such as The Coca Cola Company and Danone SA dominates the market studied with their regional brands. Product innovation is the most adopted strategy by the leading players of the market with an aim to enter the functional water segment. In October 2017, PepsiCo Inc. launched vitamin-fortified water, Aquafina Vitamin Splash, making it the first vitamin-fortified water in India.

APAC Functional Water Market Leaders

  1. PepsiCo, Inc.

  2. Veda Beverages Private LimitedVeda Beverages Private Limited

  3. Danone SA

  4. Nestle SA

  5. The Coca-Cola Company

*Disclaimer: Major Players sorted in no particular order

PepsiCo, Inc, Veda Beverages Private LimitedVeda Beverages Private Limited, Danone SA, Nestle SA, The Coca-Cola Company

APAC Functional Water Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables & Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Vitamin

      2. 5.1.2 Protein

      3. 5.1.3 Others

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarket/Hypermarket

      2. 5.2.2 Specialty Stores

      3. 5.2.3 Online Stores

      4. 5.2.4 Others

    3. 5.3 By Geography

      1. 5.3.1 China

      2. 5.3.2 Japan

      3. 5.3.3 Australia

      4. 5.3.4 India

      5. 5.3.5 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Position Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 The Coca-Cola Company

      2. 6.3.2 Nestle SA

      3. 6.3.3 Danone SA

      4. 6.3.4 Veda Beverages Private Limited

      5. 6.3.5 Malaki

      6. 6.3.6 Suntory Beverage & Food Limited

      7. 6.3.7 BODIEZ

      8. 6.3.8 PepsiCo, Inc.

    4. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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APAC Functional Water Market Research FAQs

The Asia Pacific Functional Water Market is studied from 2018 - 2028.

The Asia Pacific Functional Water Market is growing at a CAGR of 5.36% over the next 5 years.

PepsiCo, Inc., Veda Beverages Private LimitedVeda Beverages Private Limited, Danone SA, Nestle SA, The Coca-Cola Company are the major companies operating in Asia Pacific Functional Water Market.

Asia-Pacific Functional Water Industry Report

Statistics for the 2023 Asia-Pacific Functional Water market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Functional Water analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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