The North America Functional Beverage Market size is estimated at USD 54.20 billion in 2024, and is expected to reach USD 75.66 billion by 2029, growing at a CAGR of 6.90% during the forecast period (2024-2029).
The North American functional beverage market is competitive, with various players in each category. Players also extensively focus on providing consumers with innovative offerings while including functional benefits in each product. Furthermore, while engaging the consumers with innovation and expansion strategies, key players are capitalizing on the market revenue. Some of the major players in the market studied include PepsiCo, Nestle SA, Danone SA, Coco-Cola, and Monster Beverage Corporation. Advanced distribution networks and manufacturing expertise give an upper edge to the manufacturers to expand their range of products over the regions of North America.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook