North America Functional Water Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The North America Functional Water Market is Segmented by Product Type (Plain Functional Water and Flavored Functional Water), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Stores, and Other Distribution Channels), and Geography.

North America Functional Water Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

North America Functional Water Market Size

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North America functional water market summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 6.49 %
Market Concentration Low

Major Players

North America Functional Water Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of North America Functional Water Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

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North America Functional Water Market Analysis

The North America Functional Water Market is expected to register a CAGR of 6.49% during the forecast period.

  • The market studied is primarily driven by health and wellness trends, along with the exquisite product offerings by various global and regional players. The growing consumer demand for functional beverages has been the crucial factor that is driving the growth of the market studied. 
  • Convenience of consumption and the effect on human nutrition are the factors that are increasing the demand in the market. The growing popularity of functional water among the working class and millennial population is expected to improve the development of the market. 

North America Functional Water Industry Overview

The North American functional water market is fragmented, due to the presence of various players in the industry. The key players are focusing on several strategies, such as new product developments, expansions, mergers and acquisitions, and partnerships, to meet the growing demand of the consumers. The major players are The Coca-Cola Company, PepsiCo, Dr. Pepper Snapple Group Inc., Trimino Brands Company LLC, and Function Drinks, among others.

North America Functional Water Market Leaders

  1. The Coca-Cola Company

  2. PepsiCo

  3. Dr. Pepper Snapple Group Inc.

  4. Trimino Brands Company LLC

  5. Function Drinks

  6. *Disclaimer: Major Players sorted in no particular order
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North America Functional Water Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

  • 3.1 Market Overview

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Plain Functional Water
    • 5.1.2 Flavored Functional Water
  • 5.2 By Distribution Channel
    • 5.2.1 Supermarkets/Hypermarkets
    • 5.2.2 Specialty Stores
    • 5.2.3 Online Stores
    • 5.2.4 Other Distribution Channels
  • 5.3 By Country
    • 5.3.1 United States
    • 5.3.2 Canada
    • 5.3.3 Mexico

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Active Companies
  • 6.2 Most Adopted Strategies
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles
    • 6.4.1 The Coca-Cola Company
    • 6.4.2 PepsiCo
    • 6.4.3 Disruptive Beverages Inc.
    • 6.4.4 Dr. Pepper Snapple Group Inc.
    • 6.4.5 Trimino Brands Company LLC
    • 6.4.6 Function Drinks
    • 6.4.7 NYSW Beverage Brands Inc.
    • 6.4.8 Unique Foods (Canada) Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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North America Functional Water Industry Segmentation

The North American functional water market is segmented by product type, into plain and flavored functional water. By distribution channel, the market is segmented into specialist retail stores, hypermarkets/supermarkets, online stores, and other distribution channels. This study also involves the analyses of regions, such as the United States, Canada, Mexico, and the rest of North America.

By Type Plain Functional Water
Flavored Functional Water
By Distribution Channel Supermarkets/Hypermarkets
Specialty Stores
Online Stores
Other Distribution Channels
By Country United States
Canada
Mexico
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North America Functional Water Market Research FAQs

What is the current North America Functional Water Market size?

The North America Functional Water Market is projected to register a CAGR of 6.49% during the forecast period (2025-2030)

Who are the key players in North America Functional Water Market?

The Coca-Cola Company, PepsiCo, Dr. Pepper Snapple Group Inc., Trimino Brands Company LLC and Function Drinks are the major companies operating in the North America Functional Water Market.

What years does this North America Functional Water Market cover?

The report covers the North America Functional Water Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Functional Water Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

North America Functional Water Industry Report

Statistics for the 2025 North America Functional Water market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Functional Water analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.