Global Functional Powder Drinks Concentrates Market 2024-2028
Global Functional Powder Drinks Concentrates Market 2024-2028
The functional powder drinks concentrates market is forecasted to grow by USD 903.7 mn during 2023-2028, accelerating at a CAGR of 8.26% during the forecast period. The report on the functional powder drinks concentrates market 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 rising health awareness among consumers, growing participation in fitness and sports activities, and increasing disposable income in emerging economies.
Technavio's functional powder drinks concentrates market is segmented as below:
By Product
- Functional powder drinks concentrates with added sugar
- Sugar-free functional powder drinks concentrates
By Distribution Channel
- Supermarkets and hypermarkets
- Retailers
- Convenience stores
- Online stores
- Discounters
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the growing focus of vendors on new product launches as one of the prime reasons driving the functional powder drinks concentrates market growth during the next few years. Also, increasing demand for plant-based and organic ingredients in functional powder drinks concentrates and rising popularity of personalized nutrition will lead to sizable demand in the market.
The report on the functional powder drinks concentrates market covers the following areas:
- Functional powder drinks concentrates market sizing
- Functional powder drinks concentrates market forecast
- Functional powder drinks concentrates market 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 powder drinks concentrates market vendors that include Abbott Laboratories, Ajinomoto Co. Inc., Amway Corp., Bunge Ltd., Danone SA, Dymatize Enterprises LLC, Fonterra Cooperative Group Ltd., Garden of Life LLC, Glanbia plc, Herbalife International of America Inc., Hindustan Unilever Ltd., Insta Foods, Isagenix Worldwide Inc., Kent Corp., Kerry Group Plc, Mondelez International Inc., MusclePharm, Natures Bounty, Nestle SA, NOW Health Group Inc., PepsiCo Inc., Steadfast Nutrition, and The Coca Cola Co.. Also, the functional powder drinks concentrates market 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 research - both primary and secondary. 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 the accurate market growth.