Global Flavored and Functional Water Market Will Reach Us$15.90 Billion by 2019

Global Flavored and Functional Water Market will Reach US$15.90 billion by 2019

Flavored and Functional Water Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

In its latest research report published recently, Transparency Market Research states, the global flavored and functional water market is likely to reach USD 15.90 billion by 2019. The report, titled “Flavored and Functional Water Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019” says that the market will witness a CAGR of 5.2%.

Browse the full Flavored and Functional Water Market report at http://www.transparencymarketresearch.com/flavored-functional-water.html

The flavored and functional water market has expanded and grown by leaps and bounds due to increasing rate of obesity, shift in perception towards healthier drinks, and rising aging population. Flavored and functional drinks, which are high in vitamins, herbs, minerals, and amino acids, are steadily gaining popularity over aerated drinks as these are competitively priced.

The most commonly seen flavored and functional water items are orange, cherry, lemon, apple, peach, and mixed flavors. These drinks do not contain any preservatives, carbonation, color, or caffeine. The increasing amount of health concerns and health issues caused by aerated drinks is leading to people opting for flavored and functional water.

Rapid urbanization in Asia, Latin America, and the Middle East has led to rise in disposable incomes of the population. Urbanization also leads to increased consumer awareness about better lifestyle options with regards to products. These two factors are speedily driving the market of flavored and functional water on the road to success. Poor water management resulting in polluted water supply in the industrial and agricultural areas of China have also led to a rise in the demand of bottled water, inclusive of flavored and functional water. As...