Global Functional Foods and Drinks Market Research Report 2023(Status and Outlook)
Report Overview
Functional Foods and Drinks are those foods and beverages to which special ingredients are added so that they provide additional health benefits.
Asia Pacific market led the global industry and accounted for over 40% of total revenue in 2017. It is also expected to grow at an estimated CAGR of 8% over the next eight years.
Rising demand along with increasing disposable income among consumers for such products in emerging countries such as India and China is expected to assist the regional growth. Moreover, increasing urbanization, growing baby boomer population and changing dietary patterns is supposed to drive the overall market demand.
The Global Functional Foods and Drinks Market Size was estimated at USD 145500.00 million in 2022 and is projected to reach USD 221684.13 million by 2029, exhibiting a CAGR of 6.20% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Functional Foods and Drinks 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 Foods and Drinks 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 Foods and Drinks market in any manner.
Global Functional Foods and Drinks 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
General Mills
Nestle
NBTY
Glanbia plc
Monster Beverage Corp
GNC Holdings
Red Bull
Kellogg
Amway
Herbalife
PepsiCo
Coca-Cola
Pharmavite
Arizona Beverages
Lifeway Kefir
Rockstar Energy Drink
Market Segmentation (by Type)
Fortified Food
Functional Beverages
Dietary Supplements
Market Segmentation (by Application)
Consumer Electronics
Automotive
Industrial
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 Foods and Drinks Market
Overview of the regional outlook of the Functional Foods and Drinks 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