Market Size of Asia-Pacific Functional Water Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.36 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia Pacific 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.
