Latin America, Middle East & Africa Functional Drinks Market Databank
The Functional Drinks market was valued at $7,690.0 Million in 2020, and is projected to reach $14,687.8 Million by 2029 growing at a CAGR of 7.50% from 2021 to 2029. Energy drinks segment is expected to be the highest contributor to this market, with $3,269.1 Million in 2020, and is anticipated to reach $6,299.9 Million by 2029, registering a CAGR of 7.61%. Energy drinks and Nutraceutical drinks segments collectively expected to account for about 79.3% share of the Functional Drinks market in 2020, with the former constituting around 42.5% share. Energy drinks and Sports drinks segments are expected to witness significant growth rates at a CAGR of 7.61% and 7.61% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 63.3% in the overall Functional Drinks market in 2020, and is anticipated to reach 63.8% by 2029.
- 1. GLOBAL FUNCTIONAL DRINKS MARKET, BY TYPE
- 1.1. OVERVIEW
- 1.2. ENERGY DRINKS
- 1.2.1 ENERGY DRINKS MARKET, BY REGION
- 1.2.1.1 North America Energy drinks Market, By Country
- 1.2.1.2 Europe Energy drinks Market, By Country
- 1.2.1.3 Asia-Pacific Energy drinks Market, By Country
- 1.2.1.4 Latin America, Middle East & Africa Energy drinks Market, By Country
- 1.3. SPORTS DRINKS
- 1.3.1 SPORTS DRINKS MARKET, BY REGION
- 1.3.1.1 North America Sports drinks Market, By Country
- 1.3.1.2 Europe Sports drinks Market, By Country
- 1.3.1.3 Asia-Pacific Sports drinks Market, By Country
- 1.3.1.4 Latin America, Middle East & Africa Sports drinks Market, By Country
- 1.4. NUTRACEUTICAL DRINKS
- 1.4.1 NUTRACEUTICAL DRINKS MARKET, BY REGION
- 1.4.1.1 North America Nutraceutical drinks Market, By Country
- 1.4.1.2 Europe Nutraceutical drinks Market, By Country
- 1.4.1.3 Asia-Pacific Nutraceutical drinks Market, By Country
- 1.4.1.4 Latin America, Middle East & Africa Nutraceutical drinks Market, By Country
- 2. GLOBAL FUNCTIONAL DRINKS MARKET, BY REGION
- 2.1. OVERVIEW
- 2.2. LATIN AMERICA, MIDDLE EAST & AFRICA
- 2.2.1 LATIN AMERICA, MIDDLE EAST & AFRICA FUNCTIONAL DRINKS MARKET, BY TYPE
- 2.2.2 LATIN AMERICA, MIDDLE EAST & AFRICA FUNCTIONAL DRINKS MARKET, BY COUNTRY
- 2.2.2.1 Brazil
- 2.2.2.1.1 Brazil Functional Drinks Market, By Type
- 2.2.2.2 South Africa
- 2.2.2.2.1 South Africa Functional Drinks Market, By Type
- 2.2.2.3 GCC
- 2.2.2.3.1 GCC Functional Drinks Market, By Type
- 2.2.2.4 Latin America, Middle East & Africa Countries
- 2.2.2.4.1 Latin America, Middle East & Africa Countries Functional Drinks Market, By Type
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