Market Overview:
The global functional shots market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for healthy and convenient food options, rising awareness about the benefits of functional shots, and growing penetration of convenience stores and online retail channels. The global functional shots market is segmented on the basis of type into energy, immunity, detox, and others. The energy shot segment is expected to account for the largest share of the global functional shots market in 2018. This segment is driven by factors such as increasing demand for energy drinks among young adults and athletes owing to their busy lifestyle and need for instant energy boost; rising awareness about health benefits associated with consumption of caffeine; and growing popularity of sports supplements among fitness enthusiasts. However, over-consumption of caffeine can lead to adverse health effects such as anxiety, restlessness, insomnia, tremors etc., which may hamper growth prospects of this segment over the forecast period. On the basis application wise Hypermarkets & Supermarkets are anticipated witness highest gains due high footfall followed by Convenience Stores which offer easy accessibility across regions coupled with increase in disposable income levels globally .
Product Definition:
A Functional shot is defined as a golf shot that can be hit with a high degree of accuracy and consistency. The importance of Functional Shots cannot be overstated, as they are the shots that will help you score lower and improve your game.
Energy:
Energy is the ability of a substance to provide chemical or physical energy to drive, propel, or sustain life processes. It can be classified as electrical energy (electrical batteries), thermal energy (thermal sources), nuclear energy (fission & fusion), and elastic potentialenergy (molecular bonds). The most common forms of renewable energies include solar power and wind power.
Functional Shots are beverages that deliver instant Energy & Focus boost when consumed before any task.
Immunity:
Immunity is the body's natural protection against diseases and infections. The human body has two types of immunity: Cell-based and antibody-based. Antibodies are proteins made by B cells and T cells in response to an antigen (a foreign substance). When a person is infected with a virus, bacteria or another disease, the immune system launches an attack on these pathogens in order to protect the body from similar infections in the future. This process is known as immunization or immunity.
Application Insights:
The market is segmented by application into hypermarkets & supermarkets, convenience stores, online and others. The hypermarkets & supermarkets segment dominated the market in 2017 owing to factors such as high usage rates of shots among adults and a growing preference for health supplements. According to a survey conducted by the National Retail Federation, 85% of consumers aged 18-29 years shopped at an American supermarket or grocery store in 2018. This trend is expected to continue over the forecast period due to increasing disposable income levels among millennials coupled with rising employment opportunities for this age group across various regions including North America and Europe.
The convenience stores are projected to be one of the fastest-growing segments during the forecast period owing to increased consumer spending on quick recovery time functional drinks that can be consumed on-the-go along with other snacks such as energy bars.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its lead over the forecast period. This can be attributed to increasing health concerns and rising disposable income of consumers in emerging economies, such as China and India. Increasing penetration of western fast-food chains such as Subway, McDonald's, KFC, Burger King has also contributed significantly to the growth of this regional market.
North America is expected to witness significant growth over the forecast period owing to growing awareness about functional shots among millennials and fitness-conscious population in U.S.
Growth Factors:
- Increasing demand for healthy and functional food products
- Rising awareness about the benefits of functional shots
- Growing popularity of shot drinks among health-conscious consumers
- Proliferation of new and innovative functional shot products
- Increased marketing and promotional activities by manufacturers
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Shots Market Research Report
By Type
Energy, Immunity, Detox, Others
By Application
Hypermarkets & Supermarkets, Convenience Stores, Online, Others
By Companies
Living Essentials Marketing, LLC, EBOOST, Kuli Kuli, Inc., Royal Pacific Foods, PepsiCo, Inc., AriZona Beverages USA, Kudu Energy LLC, Hawaiian OLA, LXR Biotech, LLC, Hardcell LLC
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Functional Shots Market Report Segments:
The global Functional Shots market is segmented on the basis of:
Types
Energy, Immunity, Detox, 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
Hypermarkets & Supermarkets, Convenience Stores, Online, Others
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:
- Living Essentials Marketing, LLC
- EBOOST
- Kuli Kuli, Inc.
- Royal Pacific Foods
- PepsiCo, Inc.
- AriZona Beverages USA
- Kudu Energy LLC
- Hawaiian OLA
- LXR Biotech, LLC
- Hardcell LLC
Highlights of The Functional Shots 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:
- Energy
- Immunity
- Detox
- Others
- By Application:
- Hypermarkets & Supermarkets
- Convenience Stores
- Online
- Others
- 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 Shots 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 Shots is a fitness program that uses functional training exercises to help you lose weight and improve your overall health. The exercises are designed to work all of the major muscle groups in your body, which will help you burn more calories and achieve better overall fitness.
Some of the key players operating in the functional shots market are Living Essentials Marketing, LLC, EBOOST, Kuli Kuli, Inc., Royal Pacific Foods, PepsiCo, Inc., AriZona Beverages USA, Kudu Energy LLC, Hawaiian OLA, LXR Biotech, LLC, Hardcell LLC.
The functional shots market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Functional Shots 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 Shots Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Functional Shots 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 Shots 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 Shots Market Size & Forecast, 2020-2028
4.5.1 Functional Shots Market Size and Y-o-Y Growth
4.5.2 Functional Shots 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 Energy
5.2.2 Immunity
5.2.3 Detox
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 Hypermarkets & Supermarkets
6.2.2 Convenience Stores
6.2.3 Online
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Functional Shots 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 Shots 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 Energy
9.6.2 Immunity
9.6.3 Detox
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 Hypermarkets & Supermarkets
9.10.2 Convenience Stores
9.10.3 Online
9.10.4 Others
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 Energy
10.6.2 Immunity
10.6.3 Detox
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 Hypermarkets & Supermarkets
10.10.2 Convenience Stores
10.10.3 Online
10.10.4 Others
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 Energy
11.6.2 Immunity
11.6.3 Detox
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 Hypermarkets & Supermarkets
11.10.2 Convenience Stores
11.10.3 Online
11.10.4 Others
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 Energy
12.6.2 Immunity
12.6.3 Detox
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 Hypermarkets & Supermarkets
12.10.2 Convenience Stores
12.10.3 Online
12.10.4 Others
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 Energy
13.6.2 Immunity
13.6.3 Detox
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 Hypermarkets & Supermarkets
13.10.2 Convenience Stores
13.10.3 Online
13.10.4 Others
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 Shots Market: Competitive Dashboard
14.2 Global Functional Shots Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Living Essentials Marketing, LLC
14.3.2 EBOOST
14.3.3 Kuli Kuli, Inc.
14.3.4 Royal Pacific Foods
14.3.5 PepsiCo, Inc.
14.3.6 AriZona Beverages USA
14.3.7 Kudu Energy LLC
14.3.8 Hawaiian OLA
14.3.9 LXR Biotech, LLC
14.3.10 Hardcell LLC
