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    PepsiCo to Acquire CytoSport from Hormel Foods

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    Breaking News

    Functional Waters See Continued Growth

    Functional waters grew by 10% in volume to 4,800 million liters and by 8.5% in value to $6.5 billion.

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    12.03.14
    Last year the global market for functional waters grew by 10% in volume to 4,800 million liters and by 8.5% in value to $6.5 billion. These findings were presented in a new report from food and drinks industry consultancy Zenith International.
     
    The Zenith Report on Flavored Functional Water Innovation identifies 8 key areas of focus for new product development initiatives since 2012—natural ingredients, natural sweeteners, energy waters, beauty and wellness waters, vitamin waters, innovative functionality, diversified flavors and minimalist packaging.
     
    Sixty in-depth brand profiles offer product images as well as detailed information such as launch date, packaging type and size, pricing, ingredients, variants and marketing. They are analyzed under 7 headings — functional claims, functional ingredients, still waters, sparkling waters, children's waters, caps and closures, and innovation.
     
    "Functional waters provide added benefits for health conscious consumers," commented Zenith chairman Richard Hall. "Many people already appreciate the value of healthy hydration. The most common added ingredients are vitamins and minerals alongside herbs and fruit flavors. These are generally combined to provide a premium package of taste, convenience and lifestyle with a targeted wellbeing appeal.
     
    "Our new report brings together all the latest in product development around the world and is intended to serve as an ideal reference for any company seeking to create or expand a presence in this rapidly growing market," he concluded.
     
    Among other points highlighted in the Zenith report:
    •   China, the United States and Japan are the 3 leading national markets.
    •   The top 3 brands are Mizone from Danone, Glacéau Vitaminwater from Coca-Cola and Propel from PepsiCo.
    •   Both volume and value are predicted to continue growing by 8-10% a year.
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    View Breaking News >
    CURRENT ISSUE

    Jan/Feb 2019

    • Healthy Snacking: Matching Lifestyle with Nutrition
    • Vitamins & Minerals: Traditions in Preventive Health
    • Fiber Revisited: Closing the Gap
    • Green Power for Future Generations
    • View More >

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