November 29, 2023

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Functional Beverages Market Size Is Projected to Rise

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Functional Beverages Market Size Is Projected to Rise

Functional beverages are non-alcoholic drinks that are formulated to provide specific health benefits beyond their basic nutritional value. They typically contain ingredients such as vitamins, minerals, herbs, amino acids, and other bioactive compounds that are believed to have a positive impact on various aspects of health.

The global Functional Beverages Market size was worth around USD 128.1 billion in 2022 and is anticipated to generate revenue of USD 205.8 billion by 2032 at a CAGR of around 4.8% between 2023 and 2032.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž

In order to provide a thorough overview of the market, the global Functional Beverages market research report includes key details like the industry chain structure, applications, classifications, and definitions. The study report offers a comprehensive overview of the industry, covering topics like supply and demand, price structures, manufacturing methods, and consumer behavior. The paper also discusses import and export strategies, along with objectives and policies for development.

The competitive landscape analysis, historical data, and important areas’ development status are all discussed in this study report with the goal of helping organizations come up with effective growth strategies. Additionally, this study also looks at data and statistics related to product consumption, price, cost, gross margin, and revenue. The study’s recommendations for appropriate competitive strategies to increase potential profit will aid readers in understanding industry competitiveness.

๐“๐ก๐ž ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ก๐ข๐ ๐ก๐ฅ๐ฒ ๐œ๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐š๐ง๐ ๐๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž๐ ๐›๐ฒ ๐š ๐Ÿ๐ž๐ฐ ๐ฅ๐š๐ซ๐ ๐ž ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž:
โ€ข Arla Foods Ingredients Group P/S
โ€ข Danone S.A.
โ€ข General Mills Inc.
โ€ข Koios Beverage Corp
โ€ข Mondelฤ“z International
โ€ข Nestle
โ€ข PepsiCo
โ€ข Red Bull
โ€ข The Hain Celestial Group, Inc.
โ€ข The Kraft Heinz Company

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐–๐ข๐ญ๐ก ๐“๐Ž๐‚@

๐“๐ก๐ž ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ก๐š๐ฌ ๐›๐ž๐ž๐ง ๐ž๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ข๐ง๐  ๐ฌ๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ซ๐ž๐œ๐ž๐ง๐ญ ๐ฒ๐ž๐š๐ซ๐ฌ, ๐๐ซ๐ข๐ฏ๐ž๐ง ๐›๐ฒ ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ:

Increasing consumer awareness and demand for healthier products: Consumers are becoming more health-conscious and are looking for beverages that provide functional benefits such as hydration, energy, immunity, and weight management.

Rising disposable incomes: As disposable incomes increase, consumers are willing to pay a premium for functional beverages that provide added benefits beyond basic nutrition.

Growing prevalence of chronic diseases: The rise in chronic diseases such as obesity, diabetes, and cardiovascular disease has led to an increased demand for functional beverages that can help manage these conditions.

Innovation in product formulations and ingredients: Companies are continuously innovating and developing new formulations and ingredients to cater to specific health concerns and meet consumer demands.

๐“๐ก๐ž ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐œ๐š๐ง ๐›๐ž ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐ข๐ง๐ญ๐จ ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐œ๐š๐ญ๐ž๐ ๐จ๐ซ๐ข๐ž๐ฌ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐ :

๐๐ฒ ๐“๐ฒ๐ฉ๐ž
โ€ข Caffeinated Beverages
โ€ข Probiotic Drinks
โ€ข Vegetable & Fruit Beverages
โ€ข Energy Drink
โ€ข Nutraceutical Drinks
โ€ข Fortified Water
โ€ข Others

๐๐ฒ ๐„๐ง๐-๐ฎ๐ฌ๐ž๐ซ
โ€ข Athletes
โ€ข Fitness Lifestyle Users
โ€ข Others

๐๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ
โ€ข Supermarket & Hypermarket
โ€ข Specialty Stores
โ€ข E-Commerce
โ€ข Others

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ

๐ˆ๐ง ๐€๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ: To boost its presence in the energy beverage category, PepsiCo made a significant investment of USD 550 million in the functional energy drink Celsius in August 2022. The investment aims to accelerate PepsiCo’s focus on this category and expand its reach in the market.

๐ˆ๐ง ๐Œ๐š๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ: With the goal of meeting the increasing consumer demand for functional beverages, Koios Beverage Corp. introduced six new flavors of its Fit Soda line in May 2022. The new flavors include Cherry Slushie, Mimosa, Pumpkin Spice, Sweet Tea Lemonade, Strawberry Snow Cone, and Blueberry Lemonade. This expansion of their product line aims to help the company broaden its reach in the market.

๐ˆ๐ง ๐Œ๐š๐ซ๐œ๐ก ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ: Arla Food Ingredients unveiled its new product, Lacprodan ISO, which is a clear protein-enhanced juice drink concept designed to fortify functional beverages. With a 90% protein content and high heat resistance, this product is ideal for use in pasteurized or ultra-high temperature (UHT) processed juice drinks. Its clear solution also makes it a versatile ingredient for various types of functional beverages.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐ข๐ฌ ๐ƒ๐จ๐ฆ๐ข๐ง๐š๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ก๐š๐ซ๐ž ๐ƒ๐ฎ๐ž ๐ญ๐จ ๐ญ๐ก๐ž ๐๐ซ๐จ๐ฅ๐ข๐Ÿ๐ž๐ซ๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐๐จ๐ฉ๐ฎ๐ฅ๐š๐ซ๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐๐ฅ๐š๐ง๐ญ-๐›๐š๐ฌ๐ž๐ ๐›๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ

The North American functional beverage market is experiencing significant growth, driven by a focus on health and wellness, a strong economy, and a growing demand for low-carb, zero-calorie, and zero-sugar options. Consumers are increasingly turning to natural foods and beverages, such as plant-based options, to address health concerns, rather than relying on chemically derived pills.

Plant-based options are particularly popular in North America, as they are seen as healthier and more natural than other options. Research shows that shoppers in the U.S. consider food and drink with plant-based claims to be healthier and more natural than regular products or those with all-natural claims. The 2021 Food and Health Survey by the International Food Information Council found that more than four out of ten shoppers consider plant-based options to be healthier, even when two products have the same nutrition facts label.

๐€๐ฌ๐ข๐š-๐ฉ๐š๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ฌ ๐ญ๐ก๐ž ๐…๐š๐ฌ๐ญ๐ž๐ฌ๐ญ ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฐ๐ข๐ง๐  ๐ญ๐จ ๐ญ๐ก๐ž ๐๐ซ๐ž๐ฏ๐š๐ฅ๐ž๐ง๐œ๐ž ๐จ๐Ÿ ๐„-๐œ๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ๐ฌ

During the forecast period, the Asia-Pacific region is expected to experience the fastest growth in the functional beverage market, driven by increasing rates of diabetes and obesity, rising demand for low-carb and clean-label products, and growing awareness of the importance of health and fitness. The high prevalence of osteoporosis, cardiovascular disease, and arthritis, along with changing consumer preferences, is also driving demand for functional beverages in the region.

In particular, in India and China, due to the high prevalence of diabetes, consumers are becoming more aware of the importance of a healthy diet and active lifestyle, and are increasingly seeking out natural sweeteners.

๐‘๐ž๐š๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ฎ๐ฒ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ

The report focuses on the most recent business models and shows the extent of the global market’s expansion. The report also mentions the anticipation of producing new goods and offering modern services, both of which may ultimately prove to be economically profitable.

This study, which focuses on the key market drivers, restraints, challenges, and opportunities, will assist stakeholders in thoroughly understanding the status and trends of the global industry. This makes it possible for companies to forecast market changes and stay one step ahead of rivals.

Using reliable sources and a variety of research methodologies, the global Functional Beverages market research report gives companies and individuals unbiased, thoroughly researched information that will help them expand their businesses and keep their positions in the global market.

๐“๐€๐๐‹๐„ ๐Ž๐… ๐‚๐Ž๐๐“๐„๐๐“:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact on Functional Beverages Market
Chapter 5. Global Functional Beverages Market Overview, By Type, 2018 – 2032 (USD Million)
Chapter 6. Global Functional Beverages Market Overview, By End-user, 2018 – 2032 (USD Million)
Chapter 7. Global Functional Beverages Market Overview, By Distribution Channel, 2018 – 2032 (USD Million)
Chapter 8. Global Functional Beverages Market Overview, By Geography, 2018 – 2032 (USD Million)
Chapter 9. North America Functional Beverages Market Overview, By Countries, 2018 – 2032 (USD Million)

๐Ž๐ฎ๐ซ ๐Ž๐ญ๐ก๐ž๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
Smart Toilet Market:
Online Betting Market:
Manufacturing Execution System (MES) Market:
Unmanned Convenience Store Market:
Contact Center Software Market:
Luggage Market:
Cloud Backup and Recovery Market:
Energy Drinks Market:
Healthcare Chatbots Market:
Refrigerated Snacks Market:

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Phone: (+1) 888 328 2189
E-mail: [email protected]

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

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This release was published on openPR.


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