Global Functional Beverages Market Research Report 2023(Status and Outlook)

Global Functional Beverages Market Research Report 2023(Status and Outlook)

Report Overview

Functional beverages are drinks that impart health benefits to consumers. These drinks are fortified with several ingredients with various health advantages. Some of the major ingredients of functional beverages include vitamins & minerals, bacterial strain to promote gut health, herbs, amino acids, and others.

Increasing health consciousness, coupled with high investments in the R&D sector, is supporting the growth of functional beverages market. A wide range of product availability tends to attract consumers’ attention towards the offerings, thereby, facilitating its sale. Additionally, product promotions and celebrity endorsement also play a role in increasing the sales of the product. Escalating fitness trend among consumers is also encouraging new players to enter the market and generate high revenues.

The Global Functional Beverages Market Size was estimated at USD 114690.00 million in 2022 and is projected to reach USD 160307.55 million by 2029, exhibiting a CAGR of 4.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Functional Beverages market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Functional Beverages Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Functional Beverages market in any manner.

Global Functional Beverages Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

The Coca-Cola

Dannon Company

PepsiCo

Hain Celestial Group

Fuze Beverage

Kraft Foods Group

General Mills

Campbell Soup Company

Ocean Spray

Red Bull

Market Segmentation (by Type)

Probiotic Drinks

Energy Drinks

Fruit & Vegetable Juices

Herbal & Fruit Tea

Market Segmentation (by Application)

Sputtering Target

Wear-Resistant Component

Fire-Proof Materials

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Functional Beverages Market

Overview of the regional outlook of the Functional Beverages Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors