Market Size of North America Functional Water Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.49 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Functional Water Market Analysis
The North American functional water market is projected 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.
