Fortune Business Insights, a provider of meticulous analysis with a specialized focus on accuracy of data obtained, recently published a report including a market forecast, analysis and insight on the global functional water market. The global functional water market was valued at $10.34 billion in the year 2017 and has an estimated value of $18.24 billion by 2025. North America is expected to dominate the market in the upcoming years due to its consumers becoming more health conscious. An alarming 70 million children will suffer from obesity by 2025 according to the World Health Organization (“WHO”). This has caused an increase in the demand for functional water, along with consumers preferring a more nutritional drink over alcohol. The market is predicted to exhibit a CAGR of 7.4% between 2018 and 2025 by focusing on the quality of functional water products. Companies like Danone S.A. (OTCQX: DANOY) (EPA: BN) are expecting double-digit growth in their functional water sales, particularly in Asia Pacific.
To view the full report, visit http://nnw.fm/0OgG5
About Fortune Business Insights
The cycle of disruption and transformation is imminent for businesses looking to carve out a niche in highly competitive environments. While a few companies are focusing on transformational growth and addressing key challenges of disruptions, several others are simply unaware. Fortune Business Insights offers end-to-end solutions beyond flagship research technologies to help senior leaders across enterprises achieve their mission-critical goals. The company delivers recommendations enabling growth to help build organizations of tomorrow. For more information, visit the company’s website at www.FortuneBusinessInsights.com.
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