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Functional Beverages Global Market Opportunities And Strategies To 2033

Functional Beverages Market 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), And By Region, Opportunities And Strategies – Global Forecast To 2033

Functional Beverages Global Market Opportunities And Strategies To 2033

Starting Price : $4000.00 $2800.00 | Pages : 318 | Published : July 2024 | | Format : pdf

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Functional Beverages Global Market Opportunities And Strategies To 2032

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Functional Beverages Market Definition

A functional beverage is a type of non-alcoholic beverage with an additional benefit through its formulation, often in the form of a health aid or performance-enhancer product. Functional beverages contain non-traditional ingredients such as minerals, vitamins, probiotics, dietary fibers and added fruits. The companies in the functional beverages industry process raw materials into drinks, then package and distribute them through various distribution channels to both individual customers and commercial establishments.

The functional beverages market consists of sales of functional beverages by entities (organizations, sole traders and partnerships) that manufacture functional beverages.

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Functional Beverages Market Size

The global functional beverages market reached a value of nearly $154,449.6 million in 2023, having grown at a compound annual growth rate (CAGR) of 5.5% since 2018. The market is expected to grow from $1,54,449.6 million in 2023 to $204,744.9 million in 2028 at a rate of 5.8%. The market is then expected to grow at a CAGR of 6.3% from 2028 and reach $277,892.9 million in 2033.

Growth in the historic period resulted from the growing number of health-conscious consumers, strong economic growth in emerging markets, increased investments, increase in the number of athletes and increasing preference for ready-to-consume juices. Factors that negatively affected growth in the historic period include tax increases and risks associated with energy drink consumption.

Going forward, the rising demand for natural ingredients, increasing number of elderly individuals, rising disposable incomes per capita and surge in e-commerce and retail sales will drive the market. Factors that could hinder the growth of the functional beverages market in the future include stringent regulations.

Functional Beverages Market Drivers

The key drivers of the functional beverages market include:

Rising Demand For Natural Ingredients

The rising demand for natural ingredients will drive the growth of the functional beverages market in the forecast period.  Natural ingredients are substances taken from natural sources such as plants, animals, or minerals that have been lightly processed and contain no artificial additives, preservatives, or synthetic chemicals. Natural ingredients are becoming increasingly popular because they preserve their original traits and nutritional properties, giving consumers a sense of purity and authenticity. Consumer preferences are shifting towards healthier options, driving the demand for products containing natural and wholesome ingredients. Natural ingredients are viewed as superior alternatives to artificial additives and synthetic compounds often present in processed food and beverages. For instance, in February 2024, according to the Centre for the Promotion of Imports (CBI), a Netherland-based agency. at a global level, over 50% of consumers look for products with botanicals they believe will improve their immune, gut and mental health.  Additionally, in April 2023, according to the Good Food Institute, a US-based non-profit organization, the European plant-based sector's sales value has climbed by 22% in the last three years, with a high of USD5.8 billion in 2022. The sector is predicted to grow further in the future years, with a value of USD 11.6 billion in 2028.  Therefore, the rising demand for natural ingredients will support the growth of the functional beverages market.

Functional Beverages Market Restraints

The key restraints on the functional beverages market include:

Stringent Regulations

Stringent regulations on some specific ingredients used in beverages pose a challenge to the functional beverages market going forward. Regulations may restrict or limit the use of certain ingredients in beverages, especially those with proven health risks or controversial properties. This could affect the formulation of functional beverages that rely on these ingredients for their purported health benefits. For instance, in October 2023, the California Governor announced a historic bill aimed at outlawing red dye No. 3 and other possibly dangerous food additives present in numerous well-known candies, beverages and other consumer goods. Assembly Bill 418, also referred to as the California Food Safety Act, forbids the production, marketing, or distribution of food items in California that contain red dye No. 3, potassium bromate, brominated vegetable oil, or propylparaben.  Therefore, the stringent regulations may hinder the growth of the functional beverages market.

Functional Beverages Market Trends

Major trends shaping the functional beverages market include:

Emerging Trends In Relaxation Beverages

Companies in the functional beverages market are increasingly focusing on relaxation drinks to cater to the increasing consumer demand for such products. Relaxation drinks are a mixture of herbs, such as chamomile, amino acids like melatonin, botanicals and vitamins that have been traditionally used as calming agents separately. For example, in February 2024, Lithios, a US-based beverage company, launched unique range of lithia-infused mineral seltzers to New York City. This new product line includes flavors such as Orange Mango, Mixed Berry and Electric Lime, offering a unique blend of over 71 minerals, with the added benefit of lithia. Lithia is known for its mood-enhancing, neuroprotective and anti-inflammatory properties, bringing a healthful twist to the refreshing seltzer.  Further, in October 2021, OHMG, a UK-based drinks brand, unveiled a range of magnesium-enriched drinks that aim to reduce anxiety and aid relaxation. The beverages are made with pure water infused with a bioavailable magnesium and functional botanicals that help reduce anxiety, tiredness and fatigue.

Focusing On Developing Protein-Based Functional Drinks

Major companies in the functional beverages market are focusing on developing protein-based functional drinks, as whey proteins are gaining popularity among women, elderly people and fitness enthusiasts. Factors such as rising obesity rates and increasing health consciousness are causing consumers to reevaluate the nutritional value of their beverage intake, which is fueling the demand for functional beverages with protein. For example, in October 2022, Pulp Culture, a USA-based beverage company, partnered with The Every Company, a USA-based biotechnology company that develops proteins, to launch Build, a protein-boosted hard juice. This functional beverage contains The Every Company’s animal-free ‘Every’ protein and is a zero-sugar probiotic beverage with botanical adaptogens.

Opportunities And Recommendations In The Functional Beverages Market

Opportunities – The top opportunities in the functional beverages market segmented by type will arise in the energy drinks segment, which will gain $16,980.0 million of global annual sales by 2028. The top opportunities in the functional beverages market segmented by function will arise in the health and wellness segment, which will gain $40,877.7 million of global annual sales by 2028. The top opportunities in the functional beverages market segmented by distribution channel will arise in the brick and mortar segment, which will gain $31,818.5 million of global annual sales by 2028. The functional beverages market size will gain the most in China at $14,746.6 million.

Recommendations- To take advantage of the opportunities, The Business Research Company recommends the functional beverages companies to focus on expanding product lines with functional benefits, focus on protein-based functional drinks, focus on leveraging ai for innovative functional beverages, focus on plant-based functional beverages, focus on developing healthy hydration beverages, focus on developing nootropic beverages, focus on the enhanced water segment, focus on strategic partnerships, focus on expanding distribution channels, focus on competitive pricing strategies, focus on digital marketing channels, utilize sampling and event marketing and focus on targeting health and wellness companies.

Functional Beverages Market Segmentation

The functional beverages market is segmented by type, by function and by distribution channel.

By Type –
The functional beverages market is segmented by type into:
    • a) Energy Drinks
    • b) Sports Drinks
    • c) Nutraceutical Drinks
    • d) Dairy-Based Beverages
    • e) Juices
    • f) Enhanced Water
    • g) Other Types
The energy drinks market was the largest segment of the functional beverages market segmented by type, accounting for 26.0% or $40,114.7 million of the total in 2023. Going forward, the energy drinks segment is expected to be the fastest growing segment in the functional beverages market segmented by type, at a CAGR of 7.3% during 2023-2028.

By Function –
The functional beverages market is segmented by function into:
    • a) Health And Wellness
    • b) Weight Management
The health and wellness market was the largest segment of the functional beverages market segmented by function, accounting for 80.8% or $124,822.8 million of the total in 2023. Going forward, the health and wellness segment is expected to be the fastest growing segment in the functional beverages market segmented by function, at a CAGR of 5.8% during 2023-2028.

By Distribution Channel –
The functional beverages market is segmented by distribution channel into:
    • a) Brick And Mortar
    • b) Specialty Foodservice Stores
    • c) Online
The brick-and-mortar market was the largest segment of the functional beverages market segmented by distribution channel, accounting for 64.7% or $99,985.5 million of the total in 2023. Going forward, the online segment is expected to be the fastest growing segment in the functional beverages market segmented by distribution channel, at a CAGR of 6.1% during 2023-2028.

By Geography - The functional beverages market is segmented by geography into:
      o Asia Pacific
      • • China
      • • India
      • • Japan
      • • Australia
      • • Indonesia
      • • South Korea
      o North America
      • • USA
      • • Canada
      o South America
      • • Brazil
      o Western Europe
      • • France
      • • Germany
      • • UK
      • • Italy
      • • Spain
      o Eastern Europe
      • • Russia
      o Middle East
      o Africa
Asia-Pacific was the largest region in the functional beverages market, accounting for 41.1% or $63,543.7 million of the total in 2023. It was followed by Western Europe, North America and then the other regions. Going forward, the fastest-growing regions in the functional beverages market will be Asia-Pacific and the Middle East, where growth will be at CAGRs of 8.0% and 6.4% respectively. These will be followed by Western Europe and Africa, where the markets are expected to grow at CAGRs of 5.2% and 4.9% respectively.

Functional Beverages Market Competitive Landscape

Major Competitors are:

  • PepsiCo
  • The Coca-Cola Company
  • Danone S.A.
  • Red Bull GmbH
  • Monster Energy Company.

    • Other Competitors Include:

  • Nestle S.A.
  • Suntory Holdings Limited
  • Fonterra Co-operative Group Limited
  • Campbell Soup Company
  • Abbott
  • Dali Foods Group Co., Ltd.
  • Hangzhou Wahaha Group Co., Ltd.
  • Red Bull
  • Shenzhen Eastroc Beverage Industrial Co., Ltd.
  • Nestle India Ltd
  • Nongfu Spring
  • China Haisheng Juice Holdings Co., Ltd.
  • Beijing Huiyuan Food and Beverage Co., Ltd.
  • Meiji
  • Italian Beverage Company
  • Britvic
  • GoodMills Group GmbH
  • European Drinks S.A.
  • Sokolow
  • Zaklady Tluszczowe Kruszwica
  • Penam
  • Vitana
  • Metarom Group
  • Košík
  • Dr. Pepper Snapple Group
  • The Cloud 9 Energy Drink
  • Mondelez International
  • The Hain Celestial Group
  • SYSTM Foods
  • Humm Kombucha
  • Essentia Water
  • Unilever
  • Arcor
  • Starbucks
  • Agrosuper
  • JBS
  • Beliv LLC
  • Highbrew Coffee Co
  • Ambev
  • Almarai Company
  • Arab Company for Livestock Development (ACOLID)
  • Nestle Middle East
  • Al-Watania Company
  • Nestlé Africa
  • Herbalife Nutrition SA
  • Viju Industries Nigeria Ltd.

      • Table Of Contents

      1Executive Summary

      1.1 Functional Beverages – Market Attractiveness And Macro economic Landscape

      2 Table Of Contents

      3 List Of Tables

      4 List Of Figures

      5 Report Structure

      6 Market Characteristics

      6.1 General Market Definition

      6.2 Summary

      6.3 Functional Beverages Market Definition And Segmentations

      6.4 Market Segmentation By Type

      6.4.1 Energy Drinks

      6.4.2 Sports Drinks

      6.4.3 Nutraceutical Drinks

      6.4.4 Dairy-Based Beverages

      6.4.5 Juices

      6.4.6 Enhanced Water

      6.4.7 Other Types

      6.5 Market Segmentation By Function

      6.5.1 Health And Wellness

      6.5.2 Weight Management

      6.6 Market Segmentation By Distribution Channel

      6.6.1 Brick And Mortar

      6.6.2 Specialty Foodservice Stores

      6.6.3 Online

      7 Major Market Trends

      7.1 Emerging Trends In Relaxation Beverages

      7.2 Focusing On Developing Protein-Based Functional Drinks

      7.3 Focus On  AI-Driven Functional Drinks

      7.4 Advancements In Vegan And Plant-Based Functional Beverage Development

      7.5 Emergence Of Healthy Hydration Drinks For Health Benefits

      7.6 Launch Of Nootropic Drinks To Boost Brain Health And Focus

      7.7 Strategic Partnerships And Collaborations Among Market Players

      8 Functional Beverages Market – Macro-Economic Scenario

      8.1 COVID-19 Impact On The Functional Beverages Market

      8.2 Impact Of The War In Ukraine On The Functional Beverages Market

      8.3 Impact Of High Inflation On The Functional Beverages Market

      9 Global Market Size And Growth

      9.1 Market Size

      9.2 Historic Market Growth, 2018 – 2023, Value ($ Million)

      9.2.1 Market Drivers 2018 – 2023

      9.2.2 Market Restraints 2018 – 2023

      9.3 Forecast Market Growth, 2023 – 2028, 2033F Value ($ Million)

      9.3.1 Market Drivers 2023 – 2028

      9.3.2 Market Restraints 2023 – 2028

      10 Global Functional Beverages Market Segmentation

      10.1 Global Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      10.2 Global Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      10.3 Global Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      11 Functional Beverages Market, Regional and Country Analysis

      11.1 Global Functional Beverages Market, By Region, Historic and Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      11.2 Global Functional Beverages Market, By Country, Historic and Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12 Asia-Pacific Market

      12.1 Summary

      12.1.1 Market Overview

      12.1.2 Region Information

      12.1.3 Market Information

      12.1.4 Background Information

      12.1.5 Government Initiatives

      12.1.6 Regulations

      12.1.7 Regulatory Bodies

      12.1.8 Major Associations

      12.1.9 Taxes Levied

      12.1.10 Corporate Tax Structure

      12.1.11 Investments

      12.1.12 Major Companies

      12.2 Asia-Pacific Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.3 Asia-Pacific Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.4 Asia-Pacific Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.5 Asia-Pacific Functional Beverages Market: Country Analysis

      12.6 China Market

      12.7 Summary

      12.7.1 Market Overview

      12.7.2 Country Information

      12.7.3 Market Information

      12.7.4 Background Information

      12.7.5 Government Initiatives

      12.7.6 Regulations

      12.7.7 Regulatory Bodies

      12.7.8 Major Associations

      12.7.9 Taxes Levied

      12.7.10 Corporate Tax Structure

      12.7.11 Investments

      12.7.12 Major Companies

      12.8 China Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.9 China Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.10 China Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.11 India Market

      12.12 India Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.13 India Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.14 India Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.15 Japan Market

      12.16 Japan Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.17 Japan Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.18 Japan Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.19 Australia Market

      12.20 Australia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.21 Australia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.22 Australia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.23 Indonesia Market

      12.24 Indonesia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.25 Indonesia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.26 Indonesia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.27 South Korea Market

      12.28 South Korea Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.29 South Korea Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.30 South Korea Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13 Western Europe Market

      13.1 Summary

      13.1.1 Market Overview

      13.1.2 Region Information

      13.1.3 Market Information

      13.1.4 Background Information

      13.1.5 Government Initiatives

      13.1.6 Regulations

      13.1.7 Regulatory Bodies

      13.1.8 Major Associations

      13.1.9 Taxes Levied

      13.1.10 Corporate Tax Structure

      13.1.11 Investments

      13.1.12 Major Companies

      13.2 Western Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.3 Western Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.4 Western Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.5 Western Europe Functional Beverages Market: Country Analysis

      13.6 UK Market

      13.7 UK Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.8 UK Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.9 UK Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.10 Germany Market

      13.11 Germany Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.12 Germany Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.13 Germany Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.14 France Market

      13.15 France Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.16 France Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.17 France Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.18 Italy Market

      13.19 Italy Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.20 Italy Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.21 Italy Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.22 Spain Market

      13.23 Spain Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.24 Spain Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.25 Spain Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14 Eastern Europe Market

      14.1 Summary

      14.1.1 Market Overview

      14.1.2 Region Information

      14.1.3 Market Information

      14.1.4 Background Information

      14.1.5 Government Initiatives

      14.1.6 Regulations

      14.1.7 Regulatory Bodies

      14.1.8 Major Associations

      14.1.9 Taxes Levied

      14.1.10 Corporate Tax Structure

      14.1.11 Investments

      14.1.12 Major Companies

      14.2 Eastern Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14.3 Eastern Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14.4 Eastern Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14.5 Eastern Europe Functional Beverages Market: Country Analysis

      14.6 Russia Market

      14.7 Russia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14.8 Russia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14.9 Russia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15 North America Market

      15.1 Summary

      15.1.1 Market Overview

      15.1.2 Region Information

      15.1.3 Market Information

      15.1.4 Background Information

      15.1.5 Government Initiatives

      15.1.6 Regulations

      15.1.7 Regulatory Bodies

      15.1.8 Major Associations

      15.1.9 Taxes Levied

      15.1.10 Corporate Tax Structure

      15.1.11 Investments

      15.1.12 Major Companies

      15.2 North America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.3 North America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.4 North America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.5 North America Functional Beverages Market: Country Analysis

      15.6 USA Market

      15.7 Summary

      15.7.1 Market Overview

      15.7.2 Country Information

      15.7.3 Market Information

      15.7.4 Background Information

      15.7.5 Government Initiatives

      15.7.6 Regulations

      15.7.7 Regulatory Bodies

      15.7.8 Major Associations

      15.7.9 Taxes Levied

      15.7.10 Corporate Tax Structure

      15.7.11 Investments

      15.7.12 Major Companies

      15.8 USA Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.9 USA Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.10 USA Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.11 Canada Market

      15.12 Canada Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.13 Canada Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.14 Canada Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16 South America Market

      16.1 Summary

      16.1.1 Market Overview

      16.1.2 Region Information

      16.1.3 Market Information

      16.1.4 Background Information

      16.1.5 Government Initiatives

      16.1.6 Regulations

      16.1.7 Regulatory Bodies

      16.1.8 Major Associations

      16.1.9 Taxes Levied

      16.1.10 Corporate Tax Structure

      16.1.11 Investments

      16.1.12 Major Companies

      16.2 South America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16.3 South America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16.4 South America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16.5 South America Functional Beverages Market: Country Analysis

      16.6 Brazil Market

      16.7 Brazil Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16.8 Brazil Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16.9 Brazil Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      17 Middle East Market

      17.1 Summary

      17.1.1 Market Overview

      17.1.2 Region Information

      17.1.3 Market Information

      17.1.4 Background Information

      17.1.5 Government Initiatives

      17.1.6 Regulations

      17.1.7 Regulatory Bodies

      17.1.8 Taxes Levied

      17.1.9 Corporate Tax Structure

      17.1.10 Major Associations

      17.1.11 Investments

      17.1.12 Major Companies

      17.2 Middle East Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      17.3 Middle East Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      17.4 Middle East Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      18 Africa Market

      18.1 Summary

      18.1.1 Market Overview

      18.1.2 Region Information

      18.1.3 Market Information

      18.1.4 Background Information

      18.1.5 Government Initiatives

      18.1.6 Regulations

      18.1.7 Regulatory Bodies

      18.1.8 Major Associations

      18.1.9 Taxes Levied

      18.1.10 Corporate Tax Structure

      18.1.11 Investments

      18.1.12 Major Companies

      18.2 Africa Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      18.3 Africa Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      18.4 Africa Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      19 Competitive Landscape And Company Profiles

      19.1 Company Profiles

      19.2 PepsiCo

      19.2.1 Company Overview

      19.2.2 Products And Services

      19.2.3 Business Strategy

      19.2.4 Financial Overview

      19.3 The Coca-Cola Company

      19.3.1 Company Overview

      19.3.2 Products And Services

      19.3.3 Business Strategy

      19.3.4 Financial Overview

      19.4 Danone S.A.

      19.4.1 Company Overview

      19.4.2 Products And Services

      19.4.3 Business Strategy

      19.4.4 Financial Overview

      19.5 Red Bull GmbH

      19.5.1 Company Overview

      19.5.2 Products And Services

      19.5.3 Business Strategy

      19.5.4 Financial Overview

      19.6 Monster Energy Company

      19.6.1 Company Overview

      19.6.2 Products And Services

      19.6.3 Business Strategy

      19.6.4 Financial Overview

      20 Other Major And Innovative Companies

      20.1 Nestle S.A.

      20.1.1 Company Overview

      20.1.2 Products And Services

      20.2 Suntory Holdings Limited

      20.2.1 Company Overview

      20.2.2 Products And Services

      20.3 Fonterra Co-operative Group Limited

      20.3.1 Company Overview

      20.3.2 Products And Services

      20.4 Campbell Soup Company

      20.4.1 Company Overview

      20.4.2 Products And Services

      20.5 Abbott

      20.5.1 Company Overview

      20.5.2 Products And Services

      20.6 Dr Pepper Snapple Group

      20.6.1 Company Overview

      20.6.2 Products And Services

      20.7 The Kraft Heinz Company

      20.7.1 Company Overview

      20.7.2 Products And Services

      20.8 Glanbia Plc.

      20.8.1 Company Overview

      20.8.2 Products And Services

      20.9 Britvic plc

      20.9.1 Company Overview

      20.9.2 Products And Services

      20.10 Universal Nutrition

      20.10.1 Company Overview

      20.10.2 Products And Services

      20.11 Oatly Group AB

      20.11.1 Company Overview

      20.11.2 Products And Services

      20.12 Clif Bar & Company

      20.12.1 Company Overview

      20.12.2 Products And Services

      20.13 National Beverage Corp.

      20.13.1 Company Overview

      20.13.2 Products And Services

      20.14 Otsuka Pharmaceutical Co. Ltd.

      20.14.1 Company Overview

      20.14.2 Products And Services

      20.15 The Hain Celestial Group

      20.15.1 Company Overview

      20.15.2 Products And Services

      21 Competitive Benchmarking

      22 Competitive Dashboard

      23 Key Mergers And Acquisitions

      23.1 SYSTM Foods Acquired Humm Kombucha

      23.2 Varun Beverages Limited Acquired The Beverage Company

      23.3 Emami Acquired Axiom Ayurveda Pvt

      23.4 Tilray Brands, Inc Acquired Truss Beverage Co

      23.5 A.G. Barr Acquired Boost

      23.6 American Beverage Corp Acquired Poppilu

      23.7 Refresco Acquired Tru Blu Beverages

      23.8 Industrias San Miguel Acquired Seven Soft Drink Brands From Socosani

      23.9 Mighty Craft Acquired Adelaide Hills Group

      23.10 Nestlé Acquired Nuun

      23.11 Nestlé Acquired Essentia Water

      23.12 PepsiCo Acquired Rockstar Energy

      23.13 Kona Gold Solutions Acquired Flo Beverages

      24 Opportunities And Strategies

      24.1 Global Functional Beverages Market In 2028 – Countries Offering Most New Opportunities

      24.2 Global Functional Beverages Market In 2028 – Segments Offering Most New Opportunities

      24.3 Global Functional Beverages Market In 2028 – Growth Strategies

      24.3.1 Market Trend Based Strategies

      24.3.2 Competitor Strategies

      25 Functional Beverages Market, Conclusions And Recommendations

      25.1 Conclusions

      25.2 Recommendations

      25.2.1 Product

      25.2.2 Place

      25.2.3 Price

      25.2.4 Promotion

      25.2.5 People

      26 Appendix

      26.1 Geographies Covered

      26.2 Market Data Sources

      26.3 Research Methodology

      26.4 Currencies

      26.5 The Business Research Company

      26.6 Copyright and Disclaimer

    List Of Tables

      Table 1: Global Functional Beverages Market, Historic, 2018 – 2023, $ Million
    • Table 2: Global Functional Beverages Market, Forecast, 2023 – 2028, 2033F, $ Million
    • Table 3: Global Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 4: Global Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 5: Global Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 6: Global Functional Beverages Market, By Region, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 7: Global Functional Beverages Market, By Country, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 8: Asia-Pacific GDP Per Capita, By Country, 2018-2023, $
    • Table 9:  Asia-Pacific Population, By Country, 2018-2028, Millions
    • Table 10: Asia-Pacific Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 11: Asia-Pacific Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 12: Asia-Pacific Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 13: China GDP Per Capita, 2018-2023, $
    • Table 14:  China Population, 2018-2028, Millions
    • Table 15: China Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 16: China Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 17: China Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 18: India Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 19: India Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 20: India Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 21: Japan Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 22: Japan Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 23: Japan Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 24: Australia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 25: Australia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 26: Australia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 27: Indonesia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 28: Indonesia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 29: Indonesia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 30: South Korea Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 31: South Korea Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 32: South Korea Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 33: Western Europe GDP Per Capita, By Country, 2018-2023, $
    • Table 34:  Western Europe Population, By Country, 2018-2028, Millions
    • Table 35: Western Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 36: Western Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 37: Western Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 38: UK Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 39: UK Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 40: UK Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 41: Germany Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 42: Germany Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 43: Germany Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 44: France Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 45: France Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 46: France Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 47: Italy Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 48: Italy Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 49: Italy Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 50: Spain Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 51: Spain Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 52: Spain Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 53: Eastern Europe GDP Per Capita, By Country, 2018-2023, $
    • Table 54:  Eastern Europe Population, By Country, 2018-2028, Millions
    • Table 55: Eastern Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 56: Eastern Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 57: Eastern Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 58: Russia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 59: Russia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 60: Russia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 61: North America GDP Per Capita, By Country, 2018-2023, $
    • Table 62:  North America Population, By Country, 2018-2028, Millions
    • Table 63: North America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 64: North America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 65: North America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 66: USA GDP Per Capita, 2018-2023, $
    • Table 67:  USA Population, 2018-2028, Millions
    • Table 68: USA Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 69: USA Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 70: USA Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 71: Canada Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 72: Canada Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 73: Canada Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 74: South America GDP Per Capita, By Country, 2018-2023, $
    • Table 75:  South America Population, By Country, 2018-2028, Millions
    • Table 76: South America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 77: South America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 78: South America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 79: Brazil Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 80: Brazil Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 81: Brazil Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 82: Middle East GDP Per Capita, By Country, 2018-2023, $
    • Table 83:  Middle East Population, By Country, 2018-2028, Millions
    • Table 84: Middle East Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 85: Middle East Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 86: Middle East Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 87: Africa GDP Per Capita, By Country, 2018-2023, $
    • Table 88:  Africa Population, By Country, 2018-2028, Millions
    • Table 89: Africa Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 90: Africa Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 91: Africa Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 92: Global Functional Beverages Market, Key Competitor Estimated Market Shares, 2023, Percentage (%)
    • Table 93: PepsiCo – Financial Overview, 2019 – 2023, $ Billion
    • Table 94: The Coca-Cola Company – Financial Overview, 2019 – 2023, $ Billion
    • Table 95: Danone – Financial Overview, 2019 – 2023, $ Billion
    • Table 96: Red Bull – Financial Overview, 2023, $ Billion
    • Table 97: Monster Energy – Financial Overview, 2019 – 2023, $ Billion
    • Table 98: Functional Beverages Market, Competitive Benchmarking (In USD Millions), 2023
    • Table 99: Functional Beverages Market, Competitive Dashboard
    • Table 100: Global Functional Beverages Market Size Gain ($ Million), 2023 – 2028, By Country
    • Table 101: Global Functional Beverages Market Size Gain ($ Million), Segmentation By Type, 2023 – 2028
    • Table 102: Global Functional Beverages Market Size Gain ($ Million), Segmentation By Function, 2023 – 2028
    • Table 103: Global Functional Beverages Market Size Gain ($ Million), Segmentation By Distribution Channel, 2023 – 2028
    • Table 104: Functional Beverages Market Data Sources

    List Of Figures

      Figure 1: Global Functional Beverages Market Segmentation By Type
    • Figure 2: Global Functional Beverages Market Segmentation By Function
    • Figure 3: Global Functional Beverages Market Segmentation By Distribution Channel
    • Figure 4: Global Functional Beverages Market, Historic, 2018 – 2023, $ Million
    • Figure 5: Global Functional Beverages Market, Forecast, 2023 – 2028, 2033F, $ Million
    • Figure 6: Global Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 7: Global Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 8: Global Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 9: Global Functional Beverages Market, By Region, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 10: Global Functional Beverages Market, By Country, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 11: Asia-Pacific Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 12: Asia-Pacific Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 13: Asia-Pacific Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 14: China Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 15: China Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 16: China Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 17: India Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 18: India Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 19: India Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 20: Japan Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 21: Japan Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 22: Japan Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 23: Australia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 24: Australia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 25: Australia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 26: Indonesia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 27: Indonesia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 28: Indonesia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 29: South Korea Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 30: South Korea Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 31: South Korea Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 32: Western Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 33: Western Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 34: Western Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 35: UK Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 36: UK Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 37: UK Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 38: Germany Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 39: Germany Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 40: Germany Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 41: France Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 42: France Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 43: France Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 44: Italy Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 45: Italy Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 46: Italy Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 47: Spain Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 48: Spain Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 49: Spain Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 50: Eastern Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 51: Eastern Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 52: Eastern Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 53: Russia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 54: Russia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 55: Russia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 56: North America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 57: North America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 58: North America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 59: USA Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 60: USA Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 61: USA Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 62: Canada Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 63: Canada Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 64: Canada Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 65: South America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 66: South America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 67: South America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 68: Brazil Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 69: Brazil Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 70: Brazil Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 71: Middle East Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 72: Middle East Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 73: Middle East Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 74: Africa Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 75: Africa Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 76: Africa Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 77: Global Functional Beverages, Key Competitor Estimated Market Shares, 2023, Percentage (%)
    • Figure 78: PepsiCo – Financial Overview, 2019 – 2023, $ Billion
    • Figure 79: The Coca-Cola Company – Financial Overview, 2019 – 2023, $ Billion
    • Figure 80: Danone – Financial Overview, 2019 – 2023, $ Billion
    • Figure 81: Monster Energy – Financial Overview, 2019 – 2023, $ Billion
    • Figure 82: Geographic Regions Covered

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    Non Alcoholic - Beverages Global Market Report 2024 – By Type (Coffee And Tea, Soft Drink And Ice), By Distribution Channel (Off-Trade Channels, On-Trade Channels), By Category (Mass, Premium) – Market Size, Trends, And Global Forecast 2024-2033

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    Food Ingredients Global Market Report 2024 – By Product Type (Starches, Vegetable Oils And Fats, Natural Sweeteners, Enzymes And Antioxidants, Natural Flavorings And Colors, Functional Ingredients, Other Product Types), By Function (Flavors And Color Additives, Preservatives, Fat Replacers, Sweeteners, Emulsifier, Stabilizers And Binders, Thickeners, Ph Control Agents, Nutrients, Other Functions), By Application (Pharmaceuticals, Food And Beverages, Animal Feed, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

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    Food And Beverages Global Market Report 2024 – By Type (Alcoholic – Beverages, Non-Alcoholic – Beverages, Grain Products, Bakery And Confectionery, Frozen, Other Foods Products), By Nature (Organic, Conventional), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Channels) – Market Size, Trends, And Global Forecast 2024-2033

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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 growth is aided by increasing awareness of health issues. However, some functional beverages market restraints include wide availability of cheaper substitutes such as green tea, coffee, and fresh juice. 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 is expected to reach $224.99 billion in 2027 at a rate of 11.1%. For further insights on the functional beverages market, request a sample here

    How is the functional beverages market segmented?

    The global functional beverages market is segmented as
    1) By Type: Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-based Beverages, Juices, Enhanced Water, Other Types
    2) By Function: Health & Wellness, Weight Management
    3) By Distribution Channel: Brick & mortar, Online
    For 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 largest region's market size and growth rate?

    Asia-Pacific was the largest region in the functional beverages market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

    Who are the major players in the functional beverages market?

    Key competitors in the functional beverages market are, Danone, Clif Bar & Company, Universal Nutrition, Cloud 9, The Coca-Cola Company, Monster Beverage Corporation, Arla foods, National Beverage Corp, Cloud 9, Nestle, GNC Holdings, Pepsico Inc, Dr. Pepper Snapple Group, Redbull GmBH, GlaxoSmithKline consumer healthcare ltd, Suntory holdings ltd., Kraft foods, Tata Global Beverages, Mondelez International Inc, Abbott Nutrition and inc. For further insights on the functional beverages market, request a sample here.

    What are the key trends in the functional beverages market?

    Major trends influencing the functional beverages market include manufacturing of low-calorie natural sweeteners and the use of natural colors and ingredients are promoting the growth of functional beverages. Major players dealing in the industry are adopting various strategies in order to meet consumer requirements. 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.