http://www.efsa.europa.eu/en/efsajournal/doc/1982.pdf (page 7)
In a roundabout way 20+ professionals spent 3 years and concluded that drinking water doesn't reduce the risk of dehydration. Obviously staying hydrated is a little more complex than just pure water, but for the general population of a 1st world country (reasonable electrolyte balance, etc) wouldn't that be a true claim.European Food Safety Authority said:The claimed effect is “regular consumption of significant amounts of water can reduce the risk of development of dehydration and of concomitant decrease of performance”. The target population is assumed to be the general population. Dehydration is a condition of body water depletion. The proposed risk factors are measures of water depletion and thus are measures of the disease. The proposed claim does not comply with the requirements for a disease risk reduction claim pursuant to Article 14 of Regulation (EC) No 1924/2006.
(emphasis added)