Explore Our Diverse Range Of Offerings
From detailed reports to experts services offered in 15+ Industry Domains
Report
Press Release
Blogs
Industry Statistics
Add 2 More Reports For 20% off

Report Overview

The global functional water market was valued at USD 7.00 Billion in 2025 and is expected to grow at a CAGR of 7.50%, reaching USD 14.43 Billion by 2035. The market growth is driven by the rising health awareness and demand for nutrient-enriched hydration solution across the globe.

Key Market Trends and Insights

  • Electrolyte/mineral-infused waters are gaining strong consumer traction due to their hydration and recovery benefits, especially among active individuals.
  • PET bottles dominate packaging due to cost-effectiveness and convenience, but environmental concerns are driving innovation in sustainable alternatives.
  • Vitamin based functional water accounted for around 24% of the revenue share in the historical period.

Market Size and Forecast

  • Market Size (2025): USD 7.00 Billion
  • Projected Market Size (2035): USD 14.43 Billion
  • CAGR (2026-2035): 7.50%
  • Largest Market: North America
2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • The rising demand for low-calorie, nutrient-rich drinks will accelerate functional water adoption across health-conscious consumer segments.

  • Increasing innovation in flavors and nutrient combinations is set to enhance product differentiation and market competitiveness.

  • Expansion of eco-friendly packaging and sustainable sourcing practices will shape brand loyalty and long-term consumer engagement.

Compound Annual Growth Rate

7.5%

Value in USD Billion

2026-2035


*this image is indicative*

Functional Water Market Overview

The market comprises enhanced bottled water infused with minerals, vitamins, electrolytes, and other beneficial additives, aimed at supporting hydration, energy, or immunity. Increasing health awareness and demand for low-calorie, functional beverages are major growth enablers. According to the WHO, over 1 in 3 adults globally were overweight in 2023 , prompting a shift toward healthier drink alternatives. Functional water supports wellness trends and meets consumer preferences for convenience and clean-label products, playing an important role in preventive health, lifestyle management, and bridging nutrition gaps across diverse global populations. The market is anticipated to grow at a CAGR of 7.50% during the forecast period of 2026-2035.

Functional Water Market Drivers

Technological Advancements to Boost Market Value

Energy-to-lower-cost innovation and sustainability priorities are reshaping sterile-water manufacturing. For instance, in April  2024, Asahi Kasei began selling a membrane system using its Microza™ hollow-fiber technology to produce Water for Injection (WFI), offering a lower-CO₂ and lower-energy alternative to traditional distillation processes. This system drastically reduces steam usage, operational costs, and carbon emissions, providing pharmaceutical manufacturers with more efficient, eco-conscious sterile water production. Its adoption is poised to boost WFI infrastructure and functionality across global pharmaceutical and clinical manufacturing.

Functional Water Market Trends

The market trends include an increased preference for protein enriched water and innovations to bring a variety of flavors to the consumers.

Innovations in Flavors to Boost Market Growth 

Flavor innovation and zero-calorie trends are pushing ready-to-drink beverage evolution. For instance, in March  2024, PepsiCo introduced Bubly Burst, a sparkling water infused with natural flavors and 5 calories per can. By offering taste without sugar or artificial ingredients, this product meets demand for better-for-you beverages. Its successful rollout highlights how flavored functional waters elevate hydration appeal, enhance market visibility, and support long-term consumer engagement.

Adoption of Protein-Enriched Water to Bolster Global Functional Water Market Demand

Consumer-health awareness and nutritional deficiency concerns are driving product innovation. For instance, in August  2023, Amul launched protein water in India, formulated to address protein deficiency and active lifestyle needs. This move demonstrates how functional water can transcend hydration, combining nourishment with convenience. Positioning as a healthier beverage option aligns with global trends in fortified drinks and expands potential retail and clinical distribution channels, increasing market relevance and consumer reach.

Functional Water Market Share

Flavored Functional Water to Lead by Type

Flavored functional water is likely to hold the largest market share due to growing consumer preference for health drinks with added taste and benefits. Flavored variants often include vitamins, electrolytes, and natural fruit essences, enhancing their appeal among fitness-focused and younger demographics. According to PepsiCo, flavored water brands like bubly™ and LIFEWTR have seen expanding consumer demand in the U.S., especially among those seeking sugar-free hydration options. This segment's innovative product profiles and wider retail presence contribute significantly to its expected dominance over unflavored counterparts in the forecast period.

Functional Water Market Analysis by Region

North America, particularly the United States and Canada, is expected to lead the market due to its advanced health-and-wellness consumer base and established beverage innovation infrastructure. For instance, Flow Beverage Corp., introduced its Flow Sparkling Mineral Spring Water in October  2024, featuring zero-sugar, zero-calorie flavors packaged in recycled aluminium, demonstrating strong regional innovation and sustainability adoption. Europe follows closely, driven by similar demand for premium hydration options, but North America's scale of product launches and environmental packaging preferences give it a distinct competitive advantage.

Functional Water Market: Competitive Landscape and Leading Players

The key features of the market report comprise strategic initiatives by the leading players. The major companies in the market are as follows:

PepsiCo Inc.

PepsiCo Inc., founded in 1965 and headquartered in Purchase, New York, is a global leader in food and beverage. In the functional water segment, the company offers products like LIFEWTR and Bubly Burst, targeting consumers seeking enhanced hydration and wellness benefits. PepsiCo continually expands its portfolio through innovation and marketing, focusing on flavored and nutrient-infused waters to meet rising health-conscious consumer demand across multiple markets.

Nestle S.A.

Established in 1866 and headquartered in Vevey, Switzerland, Nestlé S.A. is one of the world’s largest food and beverage companies. It actively participates in the functional water market through products like Nestlé Pure Life+ and San Pellegrino Essenza. Nestlé combines hydration with added minerals, vitamins, and natural flavors, aligning with growing health and wellness trends. The company emphasizes sustainability and innovation in packaging and product formulation.

Danone S.A.

Headquartered in Paris, France, and founded in 1919, Danone S.A. operates in health-focused nutrition and hydration. Its functional water offerings include brands like Evian+ and Volvic Juicy, which are enriched with natural electrolytes, vitamins, and fruit infusions. Danone integrates health benefits with sustainable practices, making functional water a core part of its mission to deliver healthier beverages. The company also invests in regional product customization and responsible sourcing.

Hint Inc.

Hint Inc., established in 2005 and headquartered in San Francisco, California, specializes in flavored water without sugar, sweeteners, or preservatives. The brand is known for its clean-label approach and expanding functional water range, including caffeinated and vitamin-enhanced options. Hint appeals to health-conscious consumers seeking naturally flavored hydration. The company leverages direct-to-consumer channels and e-commerce for wider accessibility and brand engagement in the competitive U.S. beverage market.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other players in the market include Tata Consumer Products Limited, The Coca-Cola Company, Nirvana Water Sciences, and Balance Water Company LLC.

Functional Water Market Segmentation

“Global Functional Water Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Flavored
  • Unflavored 

Market Breakup by Ingredient

  • Vitamins 
  • Protein 
  • Electrolyte/Mineral 
  • Micronutrient 
  • Botanical Extract 
  • Others

Market Breakup by Packaging

  • Bottles
  • Cans
  • Others

Market Breakup by Distribution Channels

  • Supermarkets/Hypermarkets
  • Convenience/Grocery Stores
  • Online Channels
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Key Questions Answered in the Global Functional Water Market

  • What was the global functional water market value in 2025? 
  • What is the global functional water market forecast outlook for 2026-2035? 
  • What is the market breakup based on type?
  • What is the market segmentation based on ingredients?
  • What is the market segmentation based on packaging?
  • What is the market segmentation based on distribution channel?
  • What are the major factors aiding the global functional water market demand? 
  • How has the market performed so far, and how is it anticipated to perform in the coming years? 
  • What are the market's major drivers, opportunities, and restraints? 
  • What are the major global functional water market trends? 
  • Which type will lead the market segment? 
  • Which ingredient will lead the market segment? 
  • Which packaging will lead the market segment? 
  • Which distribution channel will lead the market segment? 
  • Who are the key players involved in the global functional water market? 
  • What are the current unmet needs and challenges in the market? 
  • How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping market dynamics? 

Functional Water Market Report Snapshots

Functional Water Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Ingredient
  • Packaging
  • Distribution Channels
  • Region
Breakup by Type
  • Flavored
  • Unflavored 
Breakup by Ingredient
  • Vitamins 
  • Protein 
  • Electrolyte/Mineral 
  • Micronutrient 
  • Botanical Extract 
  • Others
Breakup by Packaging
  • Bottles
  • Cans
  • Others
Breakup by Distribution Channels
  • Supermarkets/Hypermarkets
  • Convenience/Grocery Stores
  • Online Channels
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • PESTEL Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Company News and Developments
    • Certifications
Companies Covered
  • PepsiCo Inc
  • Nestle S.A.
  • Danone S.A.
  • Hint Inc.
  • Tata Consumer Products Limited
  • The Coca-Cola Company
  • Nirvana Water Sciences
  • Balance Water Company LLC.

Datasheet

10 % Off

USD

3,299

2,969

Single User License

10 % Off

USD

5,499

4,949

Five User License

15 % Off

USD

6,999

5,949

Corporate License

15 % Off

USD

8,199

6,969

Datasheet

One User

USD 3,299

USD 2,969

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • Excel Spreadsheet Delivered via Email
  • Full Report
  • Periodic Updates
  • Post Sales Analysts Support
  • Unlimited Prints

Single User License

One User

USD 5,499

USD 4,949

tax inclusive*

  • All Segments
  • Printing Restrictions
  • PDF Delivered via Email
  • Custom Report Layout
  • Post Sales Analysts Support
  • Periodic Updates
  • Unlimited Prints

Five User License

Five User

USD 6,999

USD 5,949

tax inclusive*

  • All Segments
  • Five Prints Available
  • PDF Delivered via Email
  • Limited Free Customization
  • Post Sales Analyst Support
  • Custom Report Layout
  • Periodic Updates
  • Unlimited Prints

Corporate License

Unlimited Users

USD 8,199

USD 6,969

tax inclusive*

  • All Segments
  • Unlimited Prints Available
  • PDF & Excel Delivery via Email
  • Limited Free Customization
  • Post Sales Analysts Support
  • Discount On Next Update
  • Custom Report Layout

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Bundle Type

Flash Bundle

20% OFF Number of Reports: 3

Small Business Bundle

25% OFF Number of Reports: 5

Growth Bundle

30% OFF Number of Reports: 8

Enterprise Bundle

35% OFF Number of Reports: 10
Overview
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 80 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 100 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Flash Bundle

Number of Reports: 3

20%

tax inclusive*

  • 3 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade
  • Free Analyst Hours

Small Business Bundle

Number of Reports: 5

25%

tax inclusive*

  • 5 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade

Growth Bundle

Number of Reports: 8

30%

tax inclusive*

  • 8 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Free Analyst Hours - 80 Hours
  • Power BI Dashboards

Enterprise Bundle

Number of Reports: 10

35%

tax inclusive*

  • 10 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Power BI Dashboards
  • Free Analyst Hours - 100 Hours

How To Order

This is a collaborative report by Ketan Gandhi, Neha Gawande and Siddharth David reflecting perspectives and research-driven insights from Expert Market Research.

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

License Type

Select License Type

Choose the right license for your needs and access rights.

shopping cart

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us