Market Overview:
The global functional foods and beverages market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market is segmented by type, application, and region. The type segment is further divided into fortified food, functional beverages, and dietary supplements. The application segment is further divided into energy/sport nutritional, immune support and supplement, digestive health, healthy food or snacking. North America dominates the global functional foods and beverages market with a share of 36%. Asia Pacific follows with a share of 31%. Europe has the third-largest share in the global market with a share of 23%.
Product Definition:
Functional foods and beverages are defined as those that have a positive effect on health beyond basic nutrition. They can include items such as fruits, vegetables, fortified foods, probiotic drinks, and teas. Functional foods and beverages offer potential health benefits such as reducing the risk of disease or improving overall well-being.
Fortified Food:
By definition, fortified food is a product that is enriched with vitamins and minerals. The process of enrichment can be done by adding nutrients or through the use of technologies like microencapsulation. Fortification can be done for any food item such as cereals, oils, salt substitutes, beverages (such as milk), ready-to-eat foods (such as frozen prepared meals), and baby foods among others.
Functional Beverages:
Functional beverages and foods are those that perform multiple functions or activities apart from providing basic nutritional requirements to the body. These products may have additional health benefits apart from being merely nutritious. Some of the common functional beverages include energy drinks, probiotic drinks, weight loss supplements, meal replacement drinks among others.
Application Insights:
The healthy food or snacking application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for functional foods that promote weight loss and prevent diseases such as cardiovascular, cancer, diabetes among others. Moreover, rising awareness about calorie reduction through dieting has increased consumer expenditure on snacks leading to higher product penetration in this segment.
Functional beverages are expected to witness significant growth over the forecast period owing to their health promoting properties including antioxidant content and ability To Maintain Body Temperature Differentiation between menopausal women¢â‚¬â„¢s health issues.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing awareness about nutritional products and their benefits among consumers. Moreover, rising disposable income levels in emerging economies such as China and India are anticipated to fuel demand for these products over the next eight years. Increasing health concerns related to poor dietary habits have also spurred demand for functional foods & beverages in this region.
North America accounted for a significant share of revenue due to growing consumer awareness regarding healthy lifestyles along with an increase in spending on sports nutrition supplements by companies operating within this region. Europe is expected to grow at a CAGR of XX% from 2018 until 2030 due its high consumption of functional foods & beverages coupled with increasing aging population prone towards chronic diseases such as cardiovascular diseases, digestive system disorders, etc.
Growth Factors:
- Increasing awareness about the benefits of functional foods and beverages among consumers.
- Rising demand for healthy and nutritious food products.
- Growing popularity of preventive healthcare approach among consumers.
- Proliferation of retail outlets that sell functional foods and beverages products, especially in developing countries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Foods and Beverages Market Research Report
By Type
Fortified Food, Functional Beverages, Dietary Supplements
By Application
Energy/Sport Nutritional, Immune Support and Supplement, Digestive Health, Healthy Food or Snacking
By Companies
General Mills, Nestle, NBTY, Glanbia plc, Monster Beverage Corp, GNC Holdings, Red Bull, Kellogg, Amway, Herbalife, PepsiCo, Coca-Cola, Pharmavite, Arizona Beverages, Lifeway Kefir, Rockstar Energy Drink
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Functional Foods and Beverages Market Report Segments:
The global Functional Foods and Beverages market is segmented on the basis of:
Types
Fortified Food, Functional Beverages, Dietary Supplements
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
Energy/Sport Nutritional, Immune Support and Supplement, Digestive Health, Healthy Food or Snacking
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:
- General Mills
- Nestle
- NBTY
- Glanbia plc
- Monster Beverage Corp
- GNC Holdings
- Red Bull
- Kellogg
- Amway
- Herbalife
- PepsiCo
- Coca-Cola
- Pharmavite
- Arizona Beverages
- Lifeway Kefir
- Rockstar Energy Drink
Highlights of The Functional Foods and 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:
- Fortified Food
- Functional Beverages
- Dietary Supplements
- By Application:
- Energy/Sport Nutritional
- Immune Support and Supplement
- Digestive Health
- Healthy Food or Snacking
- 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 Foods and 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.
How you may use our products:
- 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 foods and beverages are those that provide health benefits beyond the basic nutritional needs of humans. These products may include supplements, probiotics, prebiotics, functional fibers, or other ingredients that have been shown to improve health in some way.
Some of the major companies in the functional foods and beverages market are General Mills, Nestle, NBTY, Glanbia plc, Monster Beverage Corp, GNC Holdings, Red Bull, Kellogg, Amway, Herbalife, PepsiCo, Coca-Cola, Pharmavite, Arizona Beverages, Lifeway Kefir, Rockstar Energy Drink.
The functional foods and beverages market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Functional Foods and 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 Foods and 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 Foods and Beverages Market - Supply Chain
4.5. Global Functional Foods and Beverages Market Forecast
4.5.1. Functional Foods and Beverages Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Functional Foods and Beverages Market Size (000 Units) and Y-o-Y Growth
4.5.3. Functional Foods and Beverages Market Absolute $ Opportunity
5. Global Functional Foods and 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 Foods and Beverages Market Size and Volume Forecast by Type
5.3.1. Fortified Food
5.3.2. Functional Beverages
5.3.3. Dietary Supplements
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Functional Foods and 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 Foods and Beverages Market Size and Volume Forecast by Application
6.3.1. Energy/Sport Nutritional
6.3.2. Immune Support and Supplement
6.3.3. Digestive Health
6.3.4. Healthy Food or Snacking
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Functional Foods and 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 Foods and 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 Foods and 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 Foods and 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 Foods and Beverages Demand Share Forecast, 2019-2026
9. North America Functional Foods and 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 Foods and 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 Foods and Beverages Market Size and Volume Forecast by Application
9.4.1. Energy/Sport Nutritional
9.4.2. Immune Support and Supplement
9.4.3. Digestive Health
9.4.4. Healthy Food or Snacking
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Functional Foods and Beverages Market Size and Volume Forecast by Type
9.7.1. Fortified Food
9.7.2. Functional Beverages
9.7.3. Dietary Supplements
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 Foods and Beverages Demand Share Forecast, 2019-2026
10. Latin America Functional Foods and 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 Foods and 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 Foods and Beverages Market Size and Volume Forecast by Application
10.4.1. Energy/Sport Nutritional
10.4.2. Immune Support and Supplement
10.4.3. Digestive Health
10.4.4. Healthy Food or Snacking
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Functional Foods and Beverages Market Size and Volume Forecast by Type
10.7.1. Fortified Food
10.7.2. Functional Beverages
10.7.3. Dietary Supplements
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 Foods and Beverages Demand Share Forecast, 2019-2026
11. Europe Functional Foods and 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 Foods and 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 Foods and Beverages Market Size and Volume Forecast by Application
11.4.1. Energy/Sport Nutritional
11.4.2. Immune Support and Supplement
11.4.3. Digestive Health
11.4.4. Healthy Food or Snacking
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Functional Foods and Beverages Market Size and Volume Forecast by Type
1.7.1. Fortified Food
11.7.2. Functional Beverages
11.7.3. Dietary Supplements
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 Foods and Beverages Demand Share, 2019-2026
12. Asia Pacific Functional Foods and 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 Foods and 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 Foods and Beverages Market Size and Volume Forecast by Application
12.4.1. Energy/Sport Nutritional
12.4.2. Immune Support and Supplement
12.4.3. Digestive Health
12.4.4. Healthy Food or Snacking
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Functional Foods and Beverages Market Size and Volume Forecast by Type
12.7.1. Fortified Food
12.7.2. Functional Beverages
12.7.3. Dietary Supplements
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 Foods and Beverages Demand Share, 2019-2026
13. Middle East & Africa Functional Foods and 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 Foods and 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 Foods and Beverages Market Size and Volume Forecast by Application
13.4.1. Energy/Sport Nutritional
13.4.2. Immune Support and Supplement
13.4.3. Digestive Health
13.4.4. Healthy Food or Snacking
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Functional Foods and Beverages Market Size and Volume Forecast by Type
13.7.1. Fortified Food
13.7.2. Functional Beverages
13.7.3. Dietary Supplements
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 Foods and Beverages Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Functional Foods and Beverages Market: Market Share Analysis
14.2. Functional Foods and Beverages Distributors and Customers
14.3. Functional Foods and Beverages Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. General Mills
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nestle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NBTY
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Glanbia plc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Monster Beverage Corp
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GNC Holdings
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Red Bull
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kellogg
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Amway
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Herbalife
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PepsiCo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Coca-Cola
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Pharmavite
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Arizona Beverages
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Lifeway Kefir
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Rockstar Energy Drink
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
