Functional Beverages Global Market Report 2024

Global Functional Beverages Market Report 2024

Functional Beverages Global Market Report 2024 – By Type (Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-Based Beverages, Juices, Enhanced Water, Other Types), By Function (Health And Wellness, Weight Management), By Distribution Channel (Brick And Mortar, Specialty Foodservice Stores, Online) – Market Size, Trends, And Global Forecast 2024-2033

Name: Functional Beverages Global Market Report 2024
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Functional Beverages Global Market Report 2024

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Functional Beverages Market Definition

Functional beverages are non-alcoholic drinks that contain non-traditional ingredients such as vitamins, minerals, dietary fibers, probiotics, and added fruits.

The main types of functional beverages are energy drinks, sports drinks, nutraceutical drinks, dairy-based beverages, juices, enhanced water, and others. Energy drinks are beverages or drinks that contain ingredients marketed to increase energy and mental performance. The functions are health and wellness and weight management, and various types of distribution channels are brick and mortar, and online.

Functional Beverages Market Segmentation

The functional beverages market covered in this report is segmented –

1) By Type: Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-Based Beverages, Juices, Enhanced Water, Other Types

2) By Function: Health And Wellness, Weight Management

3) By Distribution Channel: Brick And Mortar, Specialty Foodservice Stores, Online

Global Functional Beverages Market Size 2023 to 2028: Graph

Functional Beverages Market Size 2024 And Growth Rate

The functional beverages market size has grown strongly in recent years. It will grow from $154.58 billion in 2023 to $165.01 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increased investments, increase in number of athletes, increase in clean-label, organic and non-gmo (genetically modified organism) products and increased penetration of organized retail.

Functional Beverages Market Growth Forecast

The functional beverages market size is expected to see strong growth in the next few years. It will grow to $207.77 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growing number of health-conscious consumers, growing demand for immunity boosting foods and beverages and increasing population. Major trends in the forecast period include launch of relaxation drinks, cannabidiol (cbd) -infused functional drinks, protein-based functional beverages, vegan/plant-based functional beverages, healthy hydration drinks, introduction of nootropic drinks, low-calorie, sugar-free drinks and partnerships and collaborations.

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Functional Beverages Market Driver: Rising Health Awareness Fuels Surge In Demand For Functional Beverages

Increasing awareness of health issues is anticipated to propel the demand for functional beverages over the forecast period. Functional beverages help to enhance various body functionalities, including the management of heart rate, digestive health, immune system, and weight management, due to the presence of vitamins, minerals, herbs, and amino acids. Consumers are increasingly shifting towards the consumption of functional beverages that contain ingredients to address these specific health issues. According to the Packaging Strategies journal, a major change in the beverage industry is moving toward functional beverages as consumers strive to improve their health. Additionally, the rise of clean-label, organic, and non-GMO products is impacting the buying behaviors of consumers. Therefore, consumer preferences for functional drinks over carbonated drinks and fruit juices are projected to drive the demand for functional beverages over the next few years.

Functional Beverages Market Driver: E-Commerce’S Role In Propelling The Growth Of The Functional Beverage Market

The growth of e-commerce is expected to propel the growth of the functional beverage market going forward. E-commerce is the buying and selling of products or services over the internet, as well as the data and money transfers required to complete the purchases. E-commerce provides functional beverage brands with a versatile and powerful platform to connect with consumers, optimize sales processes, and adapt to the changing dynamics of the market. For instance, in August 2023, according to the United States Census Bureau, a US-based government agency, when compared to the second quarter of 2022, the estimate for e-commerce in the second quarter of 2023 increased by 7.5% (or 1.4%), while overall retail sales increased by 0.6% (or 0.4%). Therefore, the growth of e-commerce is driving the functional beverage market.

Global Functional Beverages Market Major Players

Major companies operating in the functional beverages market report are PepsiCo Inc., The Coca-Cola Company, Red Bull GmbH, Danone, Nestle S.A, Monster Beverage Corporation, Dr. Pepper Snapple Group, Fonterra Co-Operative Group Ltd, Kraft Heinz Company, Abbott, Dali Foods Group Co., Ltd., Hangzhou Wahaha Group Co., Ltd., Red Bull, Shenzhen Eastroc Beverage Industrial Co., Ltd., Nongfu Spring, China Haisheng Juice Holdings Co., Ltd., Beijing Huiyuan Food and Beverage Co., Ltd, Britvic, GoodMills Group GmbH, European Drinks S.A, Sokolow, Zaklady Tluszczowe Kruszwica, Penam, Metarom Group, Košík, Vitana, Cloud 9 Energy Drink, Mondelez International, the Hain Celestial Group, Campbell Soup Company, Red Bull and Rockstar Inc., Unilever, Arcor, Starbucks, Agrosuper, JBS, Ambev, Almarai Company, Arab Company for Livestock Development (ACOLID), Al-Watania Company, Herbalife Nutrition SA, Viju Industries Nigeria Ltd

Global Functional Beverages Market Restraint: Challenges Faced By The Functional Beverage Market Due To Cheaper Substitutes

The wide availability of cheaper substitutes such as green tea, coffee, and fresh juice is hindering the growth of the functional beverage market. The prices of functional drinks are comparatively higher than those of carbonated drinks and other available substitutes. Thus, the availability of substitute products is negatively impacting the growth of the market. For instance, dry beverage mixes, which offer functionality, are cost-effective and have low transportation costs. The ingredients in dry beverage mixes provide high nutrients, replacing the need for functional beverages with low costs. The availability of cheaper substitutes thereby restrains the growth of the market.

Global Functional Beverages Market Trend: Innovative Strategies And Growth Catalysts In The Functional Beverage Market

The manufacturing of low-calorie natural sweeteners and the use of natural colors and ingredients are promoting the growth of functional beverages. Major players in the industry are adopting various strategies in order to meet consumer requirements. For instance, in April 2021, Manus Bio, Inc., a US-based company operating in natural ingredients, announced the launch of NutraSweet Natural, a plant-based sweetener with zero calories. NutraSweet Natural is produced by isolating the sweetest and purest parts of the stevia leaf, which are incorporated into a proprietary blend to create the exact taste of sugar without the calories while minimizing its environmental footprint.

Global Functional Beverages Market Trend: Kyowa Hakko Usa Introduces Centr Enhanced Functional Sparkling Water With Cognizin Citicoline For Cognitive Health

Major companies operating in the functional beverages market are focusing on developing innovative products, such as functional sparkling water, to improve their position in the market. Functional sparkling water refers to carbonated water that is infused with additional ingredients to provide specific health or functional benefits. For instance, in February 2023, Kyowa Hakko USA, a US-based biotechnology company, launched the Cognizin Citicoline-infused CENTR Enhanced Functional Sparkling Water. The Babyroo TN300 is a game-changer for newborn care in labor, delivery rooms, and NICUs. This new beverage, designed to elevate cognitive function and enhance mood, is available in two delightful flavors: lemon lime and peach ginger. This low-calorie, non-GMO, gluten-free, and vegan-friendly drink features a clinically proven brain health nutrient and nootropic. It offers a refreshing and health-conscious option, it's perfect for those in pursuit of a mental boost.

Functional Beverages Market Merger And Acquisition: Nestlé S.A.'s Strategic Acquisition To Enhance Presence In The Functional Water Segment

In March 2021, Nestlé S.A., a Switzerland-based multinational food and drink processing conglomerate corporation, acquired Essentia Water LLC, for an undisclosed amount. Through this acquisition, Nestlé S.A. aims to strengthen its presence in the functional water segment and gain a competitive advantage in the market. Essentia Water LLC, is a US-based beverage company.

Regional Analysis For The Global Functional Beverages Market

Asia-Pacific was the largest region in the functional beverages market in 2023. Western Europe was the second-largest region in the global functional beverages market. The regions covered in the functional beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the functional beverages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain

The functional beverages market consists of sales of energy drinks, sports drinks, enhanced fruit drinks, bottled water, and other functional beverages. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The functional beverages research report is one of a series of new reports from The Business Research Company that provides functional beverages statistics, including functional beverages industry global market size, regional shares, competitors with functional beverages share, detailed functional beverages segments, market trends and opportunities, and any further data you may need to thrive in the functional beverages industry. This functional beverages research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Functional Beverages Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$165.01 billion
Revenue Forecast In 2033	$207.77 billion
Growth Rate	CAGR of 5.9% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-Based Beverages, Juices, Enhanced Water, Other Types 2) By Function: Health And Wellness, Weight Management 3) By Distribution Channel: Brick And Mortar, Specialty Foodservice Stores, Online
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	PepsiCo Inc.; The Coca-Cola Company; Red Bull GmbH; Danone; Nestle S.A; Monster Beverage Corporation; Dr. Pepper Snapple Group; Fonterra Co-Operative Group Ltd; Kraft Heinz Company; Abbott; Dali Foods Group Co., Ltd.; Hangzhou Wahaha Group Co., Ltd.; Red Bull; Shenzhen Eastroc Beverage Industrial Co., Ltd.; Nongfu Spring; China Haisheng Juice Holdings Co., Ltd.; Beijing Huiyuan Food and Beverage Co., Ltd; Britvic; GoodMills Group GmbH; European Drinks S.A; Sokolow; Zaklady Tluszczowe Kruszwica; Penam; Metarom Group; Košík; Vitana; Cloud 9 Energy Drink; Mondelez International; the Hain Celestial Group; Campbell Soup Company; Red Bull and Rockstar Inc.; Unilever; Arcor; Starbucks; Agrosuper; JBS; Ambev; Almarai Company; Arab Company for Livestock Development (ACOLID); Al-Watania Company; Herbalife Nutrition SA; Viju Industries Nigeria Ltd
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Functional Beverages Market Characteristics

3. Functional Beverages Market Trends And Strategies

4. Functional Beverages Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Functional Beverages Market Size and Growth

5.1. Global Functional Beverages Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Functional Beverages Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Functional Beverages Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Functional Beverages Market Segmentation

6.1. Global Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Energy Drinks

Sports Drinks

Nutraceutical Drinks

Dairy-based Beverages

Juices

Enhanced Water

Other Types

6.2. Global Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Health & Wellness

Weight Management

6.3. Global Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Brick & mortar

Online

7. Functional Beverages Market Regional And Country Analysis

7.1. Global Functional Beverages Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Functional Beverages Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Functional Beverages Market

8.1. Asia-Pacific Functional Beverages Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Functional Beverages Market

9.1. China Functional Beverages Market Overview

9.2. China Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Functional Beverages Market

10.1. India Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Functional Beverages Market

11.1. Japan Functional Beverages Market Overview

11.2. Japan Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Functional Beverages Market

12.1. Australia Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Functional Beverages Market

13.1. Indonesia Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Functional Beverages Market

14.1. South Korea Functional Beverages Market Overview

14.2. South Korea Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Functional Beverages Market

15.1. Western Europe Functional Beverages Market Overview

15.2. Western Europe Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Functional Beverages Market

16.1. UK Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Functional Beverages Market

17.1. Germany Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Functional Beverages Market

18.1. France Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Functional Beverages Market

19.1. Italy Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Functional Beverages Market

20.1. Spain Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Functional Beverages Market

21.1. Eastern Europe Functional Beverages Market Overview

21.2. Eastern Europe Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Functional Beverages Market

22.1. Russia Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Functional Beverages Market

23.1. North America Functional Beverages Market Overview

23.2. North America Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Functional Beverages Market

24.1. USA Functional Beverages Market Overview

24.2. USA Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Functional Beverages Market

25.1. Canada Functional Beverages Market Overview

25.2. Canada Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Functional Beverages Market

26.1. South America Functional Beverages Market Overview

26.2. South America Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Functional Beverages Market

27.1. Brazil Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Functional Beverages Market

28.1. Middle East Functional Beverages Market Overview

28.2. Middle East Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Functional Beverages Market

29.1. Africa Functional Beverages Market Overview

29.2. Africa Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Functional Beverages Market Competitive Landscape And Company Profiles

30.1. Functional Beverages Market Competitive Landscape

30.2. Functional Beverages Market Company Profiles

30.2.1. PepsiCo Inc.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. The Coca-Cola Company

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Red Bull GmbH

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Danone

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Nestle S.A

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Functional Beverages Market Other Major And Innovative Companies

31.1. Monster Beverage Corporation

31.2. Dr. Pepper Snapple Group

31.3. Fonterra Co-Operative Group Ltd

31.4. Kraft Heinz Company

31.5. Abbott

31.6. Dali Foods Group Co., Ltd.

31.7. Hangzhou Wahaha Group Co., Ltd.

31.8. Red Bull

31.9. Shenzhen Eastroc Beverage Industrial Co., Ltd.

31.10. Nongfu Spring

31.11. China Haisheng Juice Holdings Co., Ltd.

31.12. Beijing Huiyuan Food and Beverage Co., Ltd

31.13. Britvic

31.14. GoodMills Group GmbH

31.15. European Drinks S.A

32. Global Functional Beverages Market Competitive Benchmarking

33. Global Functional Beverages Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Functional Beverages Market

35. Functional Beverages Market Future Outlook and Potential Analysis

35.1 Functional Beverages Market In 2028 - Countries Offering Most New Opportunities

35.2 Functional Beverages Market In 2028 - Segments Offering Most New Opportunities

35.3 Functional Beverages Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Functional Beverages Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Functional Beverages Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: PepsiCo Inc. Financial Performance

Table 75: The Coca-Cola Company Financial Performance

Table 76: Red Bull GmbH Financial Performance

Table 77: Danone Financial Performance

Table 78: Nestle S.A Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Functional Beverages Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Functional Beverages Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Functional Beverages Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Functional Beverages Market, Segmentation By Function, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Functional Beverages Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: PepsiCo Inc. Financial Performance

Figure 75: The Coca-Cola Company Financial Performance

Figure 76: Red Bull GmbH Financial Performance

Figure 77: Danone Financial Performance

Figure 78: Nestle S.A Financial Performance

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Frequently Asked Questions

What is the definition of the functional beverages market?

Functional beverages are non-alcoholic drinks that contain non-traditional ingredients such as vitamins, minerals, dietary fibers, probiotics, and added fruits. For further insights on the functional beverages market, request a sample here

How will the functional beverages market drivers and restraints affect the functional beverages market dynamics? What forces will shape the functional beverages industry going forward?

The functional beverages market major growth driver - Rising Health Awareness Fuels Surge In Demand For Functional Beverages. For further insights on the functional beverages market, request a sample here

What is the forecast market size or the forecast market value of the functional beverages market?

The functional beverages market size has grown strongly in recent years. It will grow from $154.58 billion in 2023 to $165.01 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increased investments, increase in number of athletes, increase in clean-label, organic and non-gmo (genetically modified organism) products and increased penetration of organized retail. The functional beverages market size is expected to see strong growth in the next few years. It will grow to $207.77 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growing number of health-conscious consumers, growing demand for immunity boosting foods and beverages and increasing population. Major trends in the forecast period include launch of relaxation drinks, cannabidiol (cbd) -infused functional drinks, protein-based functional beverages, vegan/plant-based functional beverages, healthy hydration drinks, introduction of nootropic drinks, low-calorie, sugar-free drinks and partnerships and collaborations. For further insights on the functional beverages market, request a sample here

How is the functional beverages market segmented?

The functional beverages market is segmented
1) By Type: Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-Based Beverages, Juices, Enhanced Water, Other Types
2) By Function: Health And Wellness, Weight Management
3) By Distribution Channel: Brick And Mortar, Specialty Foodservice Stores, OnlineFor further insights on the functional beverages market, request a sample here

Which region has the largest share of the functional beverages market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the functional beverages market in 2023. Western Europe was the second-largest region in the global functional beverages market. The regions covered in the functional beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the functional beverages market, request a sample here.

Who are the major players in the functional beverages market?

What are the key trends in the functional beverages market?

Major trend in the functional beverages market - Innovative Strategies And Growth Catalysts In The Functional Beverage Market. For further insights on the functional beverages market, request a sample here.

What are the major opportunities in the functional beverages market? What are the strategies for the functional beverages market?

For detailed insights on the major opportunities and strategies in the functional beverages market, request a sample here.

How does the functional beverages market relate to the overall economy and other similar markets?

For detailed insights on functional beverages market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the functional beverages industry?

For detailed insights on the mergers and acquisitions in the functional beverages industry, request a sample here.

What are the key dynamics influencing the functional beverages market growth? SWOT analysis of the functional beverages market.

For detailed insights on the key dynamics influencing the functional beverages market growth and SWOT analysis of the functional beverages industry, request a sample here.