South America Functional Water Market - Segmented by Product Type (Vitamin, Protein, and Other Product Types), Distribution Channel, Packaging Type (PET Bottle, Glass Bottle, Others), and Geography - Growth, Trends, and Forecast (2018 - 2023)

The South America functional water market is expected to register a CAGR of 7.66%, during the forecast period.

South America Functional Water Market Dynamics

The easy availability of international brands because of the strong retail network chain is one of the main reasons for the rise in demand of functional water in South America. Americans now drink, by volume, more bottled functional water than any other packaged beverage. For more than a decade, the consumption of carbonated drinks has been declining, while sales of functional water has been steadily rising.

South America Functional Water Market Segmentation

By ingredients, vitamins and minerals are expected to witness growth over the forecast period in the South American functional water market.

The increased scope of the organized distribution channel, including wholesale and retail, has led to a rise in the sale of functional water. Retail and wholesale chains, like Target, Walmart, and Costco are the major sales channels for functional water. Brazilian association of Technical Norms has made it mandatory for the manufacturers in Brazil to use polyethylene terephthalate (PET) bottles, as they may be recycled and are environment friendly.

South America Functional Water Market Regional Analysis

Brazil is SouthAmerica’s largest economy and accounts for almost half of the population of Latin America. Brazil has a diversified economic base, which is categorized by large agricultural, raw material manufacturing, and service sectors. This diversification leads to changing consumer preferences.

Key Developments in the Market

• Apr 2018 - Coca-Cola introduced two new sub-brands-Vitaminwater active and Powerade Zero. The beverages are made of natural flavors and colors and offer the antioxidants, Vitamin C and E.

South America Functional Water Market Competitive Landscape

Major Players: Groupe Danone, The Coca-Cola Company, PepsiCo Inc., Hint Water, Mountain Valley Spring Company LLC, Suntory Beverage & Food Ltd, Grupo Vichy Catalan, Ambev., Icelandic Water Holdings ehf, and CG Roxane, among others.

Reasons to Purchase the Report

• Analysis of the future outlook of the market with recent trends and Porter’s five forces analysis.


• Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come.


• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.


• Regional- and country-level analysis, integrating the demand and supply forces that are influencing the growth of the market.


• Competitive landscape, involving the market share of major players, along with the key strategies adopted for development in the past five years.


• Comprehensive company profiles, covering product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.


• 3 months of analyst support, along with the market estimates sheet (in Excel).

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