Functional Beverage Market In Europe 2024-2028
The functional beverage market in europe is forecasted to grow by USD 13.7 bn during 2023-2028, accelerating at a CAGR of 7.6% during the forecast period. The report on the functional beverage market in europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health benefits of functional beverages, new product launches, and increasing consumption by millennials.
Technavio's functional beverage market in europe is segmented as below:
By Product
- Energy drinks
- Sports drinks
- Fortified juice
- Others
By Geographical Landscape
This study identifies the growing popularity of e-commerce as one of the prime reasons driving the functional beverage market in europe growth during the next few years. Also, use of functional drinks as mixers in other drinks and increasing demand for organic juices will lead to sizable demand in the market.
The report on the functional beverage market in europe covers the following areas:
- Functional Beverage Market in Europe sizing
- Functional Beverage Market in Europe forecast
- Functional Beverage Market in Europe industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading functional beverage market in europe vendors that include AriZona Beverages USA LLC, Califia Farms LLC, Campbell Soup Co., Cargill Inc., Danone SA, Energy Beverages LLC, Fonterra Cooperative Group Ltd., Illycaffe Spa, Keurig Dr Pepper Inc., Monster Energy Co., Mutalo Group, Nestle SA, Oatly Group AB, PepsiCo Inc., Red Bull GmbH, Sapporo Holdings Ltd., Starbucks Corp., Suntory Holdings Ltd., The Coca Cola Co., and The Kraft Heinz Co.. Also, the functional beverage market in europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.