Market Overview:
The global functional beverage market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for healthy and nutritious beverages, rising awareness about the benefits of functional beverages, and growing inclination of consumers towards convenience foods. In terms of type, the cotton fibre segment is projected to lead the global functional beverage market during the forecast period. This can be attributed to its high nutritional value and various health benefits such as weight loss, improved digestion, and reduced risk of heart diseases.
Product Definition:
A functional beverage is a drink that has been fortified with vitamins, minerals, herbs or other ingredients that are purported to have health benefits.
Cotton Fibre:
Cotton is a soft and fluffy staple fiber derived from the protective casing known as boll that surrounds the cotton seeds. Cotton fibers are extremely fine, soft, and strong; however, they are not very absorbent. The average commercial quality of cotton fiber is 56 Lbs/Meter (LPM) or 44 yards/yard.
Cotton Linters:
Cotton linter is a type of filter that is used to strain out impurities from the liquid in functional beverages. Cotton linter has high filtration efficiency and can remove almost 99% of contaminants including particulates, bacteria, and other particles. The cotton linters are made up of fine muslin cloths which have been impregnated with oil or fat.
Application Insights:
The textile industry is anticipated to emerge as the fastest-growing application segment over the forecast period owing to increasing demand for functional beverages in various applications including paper, textiles and medical supplies. In addition, growing consumer preference for sustainable products is expected to drive growth over the coming years.
Functional beverages are gaining popularity in several other end-use industries including food & beverage and personal care products. The rising importance of nutrition in these sectors on account of changing dietary patterns has led consumers towards opting for healthy drinks which can be used consistently throughout the day without any calories or sugar content. This trend is expected to expand market opportunities over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for functional beverages from countries such as China, India, Japan and South Korea. Increasing health awareness among consumers in these countries has led to an increase in consumption of functional beverages.
China accounted for a share of more than 20% owing to increasing production capacities coupled with growing consumer demand across various applications. In addition, rapid industrialization along with supportive government initiatives is likely to drive product adoption over the coming years.
Growth Factors:
- Increasing demand for healthy and functional beverages: The global functional beverage market is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is due to the increasing demand for healthy and functional beverages, especially among health-conscious consumers.
- Rising awareness about the benefits of functional drinks: There is a growing awareness among consumers about the benefits of drinking functional beverages, such as improved mental clarity, weight loss, increased energy levels, and better digestion. This is driving the growth of the global Functional Beverage market.
- Growing popularity of sports drinks: The popularity of sports drinks is rising due to their ability to improve athletic performance and aid in post-workout recovery processes. This is contributing significantly to the growth of the global Functional Beverage market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Beverage Market Research Report
By Type
Cotton Fibre, Cotton Linters, Cottonseed
By Application
Consumer Goods, Medical Supplies, Paper, Textile Industry, Other
By Companies
Boortmalt Group, Zhou Yang Group, Magnus INT, Demis Bakery Cotton Gin Industrry, Americott, Continental Eagle group, Unicom Inc.. Pacific Textile Mill, Komet, Taiba textile, SirOJB textile Ventures
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Functional Beverage Market Report Segments:
The global Functional Beverage market is segmented on the basis of:
Types
Cotton Fibre, Cotton Linters, Cottonseed
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
Consumer Goods, Medical Supplies, Paper, Textile Industry, Other
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:
- Boortmalt Group
- Zhou Yang Group
- Magnus INT
- Demis Bakery Cotton Gin Industrry
- Americott
- Continental Eagle group
- Unicom Inc.. Pacific Textile Mill
- Komet
- Taiba textile
- SirOJB textile Ventures
Highlights of The Functional Beverage 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:
- Cotton Fibre
- Cotton Linters
- Cottonseed
- By Application:
- Consumer Goods
- Medical Supplies
- Paper
- Textile Industry
- Other
- 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 Beverage 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 Beverage is a beverage that contains no sugar, calories, or alcohol. They are made with natural ingredients and are meant to be consumed as part of a healthy lifestyle.
Some of the key players operating in the functional beverage market are Boortmalt Group, Zhou Yang Group, Magnus INT, Demis Bakery Cotton Gin Industrry, Americott, Continental Eagle group, Unicom Inc.. Pacific Textile Mill, Komet, Taiba textile, SirOJB textile Ventures.
The functional beverage market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Functional Beverage Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Functional Beverage Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Functional Beverage Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Functional Beverage Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Functional Beverage Market Size & Forecast, 2020-2028
4.5.1 Functional Beverage Market Size and Y-o-Y Growth
4.5.2 Functional Beverage Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cotton Fibre
5.2.2 Cotton Linters
5.2.3 Cottonseed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Goods
6.2.2 Medical Supplies
6.2.3 Paper
6.2.4 Textile Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Functional Beverage Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Functional Beverage Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cotton Fibre
9.6.2 Cotton Linters
9.6.3 Cottonseed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Goods
9.10.2 Medical Supplies
9.10.3 Paper
9.10.4 Textile Industry
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cotton Fibre
10.6.2 Cotton Linters
10.6.3 Cottonseed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Goods
10.10.2 Medical Supplies
10.10.3 Paper
10.10.4 Textile Industry
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cotton Fibre
11.6.2 Cotton Linters
11.6.3 Cottonseed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Goods
11.10.2 Medical Supplies
11.10.3 Paper
11.10.4 Textile Industry
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cotton Fibre
12.6.2 Cotton Linters
12.6.3 Cottonseed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Goods
12.10.2 Medical Supplies
12.10.3 Paper
12.10.4 Textile Industry
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cotton Fibre
13.6.2 Cotton Linters
13.6.3 Cottonseed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Goods
13.10.2 Medical Supplies
13.10.3 Paper
13.10.4 Textile Industry
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Functional Beverage Market: Competitive Dashboard
14.2 Global Functional Beverage Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boortmalt Group
14.3.2 Zhou Yang Group
14.3.3 Magnus INT
14.3.4 Demis Bakery Cotton Gin Industrry
14.3.5 Americott
14.3.6 Continental Eagle group
14.3.7 Unicom Inc.. Pacific Textile Mill
14.3.8 Komet
14.3.9 Taiba textile
14.3.10 SirOJB textile Ventures
