The report "Functional Beverage Market by Type (Fortified Juice, Energy Drink, Sports Drink, Dairy-Based Beverages, Enhanced Water, Others), by Function (Health and Wellness, Wealth Management), by Distribution Channel (Supermarket/Hypermarket, Departmental Stores, Health Stores, Online Stores, Convenience Stores, Others) - Global Forecasts to 2030"
The global Functional Beverage Market size was valued at US$ 130.3 billion in 2023 and is expected to reach a value of US$ 226.2 million by 2030, growing at a CAGR of 8.2% during the forecast period 2024-2030. The growth of the market is majorly driven by the increased demand for novel products like plant-based and lactose-free beverages
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Competitive Dashboard:
The prominent key players operating in the global Functional beverage market are PepsiCo, Red Bull GmbH, Coco-Cola, Monster Beverage Corporation, the naked collective, Nestle S.A, Fonterra Co-Operative Group Ltd, Kraft Heinz Company, Abbott, Dali Foods Group Co. Ltd, Hangzhou Wahaha Group Co. Ltd, Shenzhen Eastroc Beverage Industrial Co. Ltd, Nongfu Spring,Dabur, Amul, Asahi Soft Drinks Co. Ltd, Otsuka Holdings Co. Ltd, Suntory Beverage & Food Ltd, Beverage Industrial Co. Ltd, Britannia Industries Ltd)
Regional Overview:
The report also examines the current concerns and their Future Effects on the Functional beverage market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the Functional beverage market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
· North America (U.S., Canada)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
· Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
· Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
A Few Points from the Table of Contents –
1. Executive Summary
2. Global Functional beverage market Introduction
3. Global Functional beverage market Dynamics
4. Global Functional beverage market Analysis, 2019 - 2023 and Forecast 2024 – 2030
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9. Global Functional beverage market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10. North America Functional beverage market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11. Europe Functional beverage market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12. Asia Pacific (APAC) Functional beverage market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13. Middle East and Africa (MEA) Functional beverage market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14. Latin America Functional beverage market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
15. Competition Landscape
16. Research Methodology
17. Appendix and Abbreviations
Scope of The Report:
· The Functional beverage market research report includes historical data, trending features, and market growth estimates for the future.
· The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
· The market report helps to provide the best results for business enhancement and business growth.
· The report gives a comprehensive overview of both primary and secondary data.
· The market key players covered here to help them strengthen their place in the market.
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