The Global Flavored and Functional Water Dispenser market is estimated to grow at a significant rate over the forecast period on account of increasing discretionary income of people, burgeoning incidences of obesity and diabetes, and rising customer inclination toward healthy food and beverages. Besides these, growing awareness among people, robust urbanization, and launch of innovative flavor options in flavored and functional water are driving the growth of the market.
According to MarkNtel Advisors’ research report “Global Flavored and Functional Water Dispenser Market Analysis, 2020”, the Global Flavored and Functional Water Dispenser market is anticipated to grow at a CAGR of around 10% during 2020-25. The surging use of internet and smartphones, increasing penetration of e-commerce platforms, and rising inclination of the market players toward launching their products online are fueling the growth of the market in the forthcoming years.
“Global Flavored and Functional Water Dispenser Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and growth opportunities available for Flavored and Functional Water Dispenser providers across the globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.
Asia-Pacific Exhibits Fastest Growth
Asia-Pacific is expected to attain highest CAGR by 2025. China acquired the highest market share in the Asia-Pacific market on account of burgeoning health consciousness among people and robust industrialization which led to polluted water supply. Apart from this, the rising inclination of consumer flavored water as an alternative to carbonated soft drinks, extensive adoption of healthy lifestyles by the geriatric population, to curb the consumption of single-use plastics are anticipated to propel the growth of Global Flavored and Functional Water Dispenser market in the forthcoming period as stated in MarkNtel Advisors’ research report “Global Flavored and Functional Water Dispenser Market Analysis, 2020”.
According to MarkNtel Advisors, the key players with a considerable market share in the Global Flavored and Functional Water Dispenser market are Quenchwater, Waterlogic, Mitte, Apiqe, Lavit, Elkay, Nestle, Pepsico, Aquahealth, Aeterna Waterwave etc.
Key questions answered in the study