The global functional beverages market is expected to grow at a CAGR of 6.5% from 2021 to 2030. The growth in the market can be attributed to the increasing demand for healthy and nutritious food and drinks, which are gaining popularity among consumers. The growing awareness about the benefits of functional beverages is also driving the growth of this market.
The global functional beverages market by type is segmented into probiotic drinks, energy drinks, fruit & vegetable juices, herbal & fruit tea. Probiotic drinks accounted for a major share in 2017 and are expected to continue their dominance throughout the forecast period owing to their health benefits such as weight management, improved digestion and immune system function among others. Energy drinks are projected to grow at a CAGR of 7% during the forecast period owing to their high caffeine content that helps improve mental alertness and physical performance among other benefits such as increased metabolism rate and reduced fatigue levels. Fruit & vegetable juices are projected to grow at a CAGR of 5% during the forecast period due to its high nutritional value that helps maintain good health while reducing risk factors associated with chronic diseases such as obesity or diabetes mellitus type 2 among others. Herbal & fruit tea is projected show moderate growth during this period due its low caffeine content which makes it suitable for consumption by children or pregnant women who cannot consume coffee or other caffeinated products.
Some Of The Growth Factors Of This Market:
- The growing awareness about health benefits associated with functional beverages is also driving the growth of this market globally.
- Increasing disposable income and changing lifestyle are some other factors that are expected to drive the growth of this market in coming years .
Industry Growth Insights published a new data on “Functional Beverages Market”. The research report is titled “Functional Beverages Market research by Types (Probiotic Drinks, Energy Drinks, Fruit & Vegetable Juices, Herbal & Fruit Tea), By Applications (Super/ Hyper Stores, Department Stores, Grocery, Online Retailers), By Players/Companies The Coca-Cola, Dannon Company, PepsiCo, Hain Celestial Group, Fuze Beverage, Kraft Foods Group, General Mills, Campbell Soup Company, Ocean Spray, Red Bull”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Beverages Market Research Report
By Type
Probiotic Drinks, Energy Drinks, Fruit & Vegetable Juices, Herbal & Fruit Tea
By Application
Super/ Hyper Stores, Department Stores, Grocery, Online Retailers
By Companies
The Coca-Cola, Dannon Company, PepsiCo, Hain Celestial Group, Fuze Beverage, Kraft Foods Group, General Mills, Campbell Soup Company, Ocean Spray, Red Bull
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Functional Beverages Market Report Segments:
The global Functional Beverages market is segmented on the basis of:
Types
Probiotic Drinks, Energy Drinks, Fruit & Vegetable Juices, Herbal & Fruit Tea
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Super/ Hyper Stores, Department Stores, Grocery, Online Retailers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- The Coca-Cola
- Dannon Company
- PepsiCo
- Hain Celestial Group
- Fuze Beverage
- Kraft Foods Group
- General Mills
- Campbell Soup Company
- Ocean Spray
- Red Bull
Highlights of The Functional Beverages Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Probiotic Drinks
- Energy Drinks
- Fruit & Vegetable Juices
- Herbal & Fruit Tea
- By Application:
- Super/ Hyper Stores
- Department Stores
- Grocery
- Online Retailers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Functional Beverages Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Functional Beverages are beverages that contain no sugar, calories, or alcohol. They are made with ingredients like herbs and spices, probiotics, enzymes, and vitamins to help improve digestion or provide other health benefits.
Some of the major companies in the functional beverages market are The Coca-Cola, Dannon Company, PepsiCo, Hain Celestial Group, Fuze Beverage, Kraft Foods Group, General Mills, Campbell Soup Company, Ocean Spray, Red Bull.
The functional beverages market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Functional Beverages Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Functional Beverages Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Functional Beverages Market - Supply Chain
4.5. Global Functional Beverages Market Forecast
4.5.1. Functional Beverages Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Functional Beverages Market Size (000 Units) and Y-o-Y Growth
4.5.3. Functional Beverages Market Absolute $ Opportunity
5. Global Functional Beverages Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Functional Beverages Market Size and Volume Forecast by Type
5.3.1. Probiotic Drinks
5.3.2. Energy Drinks
5.3.3. Fruit & Vegetable Juices
5.3.4. Herbal & Fruit Tea
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Functional Beverages Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Functional Beverages Market Size and Volume Forecast by Application
6.3.1. Super/ Hyper Stores
6.3.2. Department Stores
6.3.3. Grocery
6.3.4. Online Retailers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Functional Beverages Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Functional Beverages Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Functional Beverages Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Functional Beverages Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Functional Beverages Demand Share Forecast, 2019-2026
9. North America Functional Beverages Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Functional Beverages Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Functional Beverages Market Size and Volume Forecast by Application
9.4.1. Super/ Hyper Stores
9.4.2. Department Stores
9.4.3. Grocery
9.4.4. Online Retailers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Functional Beverages Market Size and Volume Forecast by Type
9.7.1. Probiotic Drinks
9.7.2. Energy Drinks
9.7.3. Fruit & Vegetable Juices
9.7.4. Herbal & Fruit Tea
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Functional Beverages Demand Share Forecast, 2019-2026
10. Latin America Functional Beverages Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Functional Beverages Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Functional Beverages Market Size and Volume Forecast by Application
10.4.1. Super/ Hyper Stores
10.4.2. Department Stores
10.4.3. Grocery
10.4.4. Online Retailers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Functional Beverages Market Size and Volume Forecast by Type
10.7.1. Probiotic Drinks
10.7.2. Energy Drinks
10.7.3. Fruit & Vegetable Juices
10.7.4. Herbal & Fruit Tea
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Functional Beverages Demand Share Forecast, 2019-2026
11. Europe Functional Beverages Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Functional Beverages Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Functional Beverages Market Size and Volume Forecast by Application
11.4.1. Super/ Hyper Stores
11.4.2. Department Stores
11.4.3. Grocery
11.4.4. Online Retailers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Functional Beverages Market Size and Volume Forecast by Type
11.7.1. Probiotic Drinks
11.7.2. Energy Drinks
11.7.3. Fruit & Vegetable Juices
11.7.4. Herbal & Fruit Tea
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Functional Beverages Demand Share, 2019-2026
12. Asia Pacific Functional Beverages Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Functional Beverages Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Functional Beverages Market Size and Volume Forecast by Application
12.4.1. Super/ Hyper Stores
12.4.2. Department Stores
12.4.3. Grocery
12.4.4. Online Retailers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Functional Beverages Market Size and Volume Forecast by Type
12.7.1. Probiotic Drinks
12.7.2. Energy Drinks
12.7.3. Fruit & Vegetable Juices
12.7.4. Herbal & Fruit Tea
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Functional Beverages Demand Share, 2019-2026
13. Middle East & Africa Functional Beverages Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Functional Beverages Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Functional Beverages Market Size and Volume Forecast by Application
13.4.1. Super/ Hyper Stores
13.4.2. Department Stores
13.4.3. Grocery
13.4.4. Online Retailers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Functional Beverages Market Size and Volume Forecast by Type
13.7.1. Probiotic Drinks
13.7.2. Energy Drinks
13.7.3. Fruit & Vegetable Juices
13.7.4. Herbal & Fruit Tea
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Functional Beverages Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Functional Beverages Market: Market Share Analysis
14.2. Functional Beverages Distributors and Customers
14.3. Functional Beverages Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. The Coca-Cola
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dannon Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PepsiCo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hain Celestial Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fuze Beverage
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kraft Foods Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. General Mills
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Campbell Soup Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ocean Spray
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Red Bull
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
