Market Overview:
The global functional powder drinks market is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for healthy and convenient beverages, especially among millennials. Additionally, the growing awareness about the benefits of functional powders is also propelling the growth of this market. On the basis of type, refreshment beverages are expected to account for a major share in the global functional powder drinks market during 2018-2030. This can be attributed to their high demand as healthy alternatives to carbonated soft drinks and fruit juices across regions. On the basis of application, household applications are anticipated to dominate during 2018-2030 owing to rising consumer inclination towards convenient and healthier beverage options.
Product Definition:
Functional powder drinks are powdered drinks which have been formulated to provide specific health benefits. They can be consumed by mixing them with water or other beverages, or they can be used as ingredients in recipes. Functional powder drinks are often high in protein and fiber, and they may also contain other nutrients such as vitamins and minerals. They are commonly marketed as weight loss or muscle-building aids, but some brands also claim to offer health benefits such as improved digestion or reduced inflammation.
Refreshment Beverages:
Refreshment beverages are non-alcoholic drinks that offer a similar experience to alcoholic beverages. The global market is expected to reach USD 75 billion by 2022, growing at a CAGR of XX% over the forecast period. Growing health awareness among consumers has resulted in an increased demand for healthy and nutritious products across the globe.
The industry comprises various players such as PepsiCo Inc.
Carbonated Soft Drinks:
Carbonated soft drinks (CSD) are carbonated beverages that have a low nutritional value. The primary function of these products is to provide the consumer with a refreshing taste. CSDs are usually manufactured using artificial sweeteners such as saccharin, aspartame, and sucralose.
The global carbonated soft drinks market was valued at USD 439 billion in 2016 and is expected to grow at an estimated CAGR of XX% from 2017 to 2022.
Application Insights:
The commercial application segment accounted for the largest share of exceeding 70.0% in 2017. The demand functional drinks in sports nutrition and medical stores, gymnasiums, health clubs and spas is expected to drive the segment growth over the forecast period. Increasing number of fitness centers across developed economies including U.S., Canada, Germany, France and UK is anticipated to augment product demand over the forecast period as these centers focus on providing healthy food products along with functional drinks which will boost product sales eventually leading to higher market penetration globally.
The household application segment was valued at USD 1,225 million in 2017 owing to increasing consumption of functional beverages among adults particularly women who are pregnant or trying for a baby as well as people who exercise regularly especially bodybuilders.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing a growing demand for functional beverages due to rising health consciousness among consumers, coupled with an increasing number of fitness centers across countries such as China, India, Japan and South Korea. In addition, changing lifestyles and rising disposable incomes are anticipated to fuel the growth of this industry in APAC during the forecast period.
North America accounted for more than 20% share of global revenue in 2017 owing to high consumer awareness regarding health benefits associated with these beverages coupled with their ability to reduce calorie intake. Europe is also expected witness significant growth over the coming years on account of increasing demand for low sugar content drinks among consumers as well as retailers catering toward younger age groups seeking refreshment options beyond alcohol or tobacco consumption.
Growth Factors:
- Increasing demand for healthy and functional beverages: The global functional powder drinks market is expected to grow at a CAGR of 6.5% during the forecast period. This can be attributed to the increasing demand for healthy and functional beverages across the globe.
- Rising awareness about the benefits of functional powder drinks: There is a growing awareness among consumers about the benefits of consuming functional powder drinks, which is driving their demand worldwide.
- Growing popularity of sports and energy drinks: The popularity of sports and energy drinks is contributing significantly to the growth of the global functional powder drinks market. These types of beverages are fortified with various nutrients that offer several health benefits, thereby fueling their demand among consumers globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Powder Drinks Market Research Report
By Type
Refreshment Beverages, Carbonated Soft Drinks, Fruit Beverages, Others
By Application
Household, Commercial
By Companies
Archer Daniels Midland, Campbell Soup, Coca-Cola, Danone, Nestle, Unilever, Del Monte Pacific, Dr. Pepper Snapple Group, Fonterra, GlaxoSmithKline, Kraft Heinz, Yakult, 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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Functional Powder Drinks Market Report Segments:
The global Functional Powder Drinks market is segmented on the basis of:
Types
Refreshment Beverages, Carbonated Soft Drinks, Fruit Beverages, Others
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
Household, Commercial
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:
- Archer Daniels Midland
- Campbell Soup
- Coca-Cola
- Danone
- Nestle
- Unilever
- Del Monte Pacific
- Dr. Pepper Snapple Group
- Fonterra
- GlaxoSmithKline
- Kraft Heinz
- Yakult
- Red Bull
Highlights of The Functional Powder Drinks 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:
- Refreshment Beverages
- Carbonated Soft Drinks
- Fruit Beverages
- Others
- By Application:
- Household
- Commercial
- 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 Powder Drinks 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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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 powder drinks are a type of pre-workout supplement that help to increase energy and performance. They typically contain caffeine, B vitamins, and other ingredients that help to improve overall function.
Some of the major companies in the functional powder drinks market are Archer Daniels Midland, Campbell Soup, Coca-Cola, Danone, Nestle, Unilever, Del Monte Pacific, Dr. Pepper Snapple Group, Fonterra, GlaxoSmithKline, Kraft Heinz, Yakult, Red Bull.
The functional powder drinks market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Functional Powder Drinks 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 Powder Drinks Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Functional Powder Drinks 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 Powder Drinks 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 Powder Drinks Market Size & Forecast, 2020-2028 4.5.1 Functional Powder Drinks Market Size and Y-o-Y Growth 4.5.2 Functional Powder Drinks 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 Refreshment Beverages
5.2.2 Carbonated Soft Drinks
5.2.3 Fruit Beverages
5.2.4 Others
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 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Functional Powder Drinks 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 Powder Drinks 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 Refreshment Beverages
9.6.2 Carbonated Soft Drinks
9.6.3 Fruit Beverages
9.6.4 Others
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 Household
9.10.2 Commercial
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 Refreshment Beverages
10.6.2 Carbonated Soft Drinks
10.6.3 Fruit Beverages
10.6.4 Others
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 Household
10.10.2 Commercial
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 Refreshment Beverages
11.6.2 Carbonated Soft Drinks
11.6.3 Fruit Beverages
11.6.4 Others
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 Household
11.10.2 Commercial
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 Refreshment Beverages
12.6.2 Carbonated Soft Drinks
12.6.3 Fruit Beverages
12.6.4 Others
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 Household
12.10.2 Commercial
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 Refreshment Beverages
13.6.2 Carbonated Soft Drinks
13.6.3 Fruit Beverages
13.6.4 Others
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 Household
13.10.2 Commercial
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 Powder Drinks Market: Competitive Dashboard
14.2 Global Functional Powder Drinks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Archer Daniels Midland
14.3.2 Campbell Soup
14.3.3 Coca-Cola
14.3.4 Danone
14.3.5 Nestle
14.3.6 Unilever
14.3.7 Del Monte Pacific
14.3.8 Dr. Pepper Snapple Group
14.3.9 Fonterra
14.3.10 GlaxoSmithKline
14.3.11 Kraft Heinz
14.3.12 Yakult
14.3.13 Red Bull