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Functional Beverages Market Size, Industry Share 2021 ,Market Research with Growth, Manufacturers, Segments and 2023 Forecasts Research
Posted on May 5 2021 9:01 AM
"The Global Functional Beverages Market 2021 size is estimated detail analysis of Industry size, growth trend, share updates, competitive landscape, Industry Chain structure, and describes industry environment, then analyses market size and forecast of Industrial Vision Sensors by product, region and application, this Functional Beverages Market report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Global Functional Beverages Market Research Report covers segment data, including: type segment, industry segment, channel segment etc. cover different segment Functional Beverages Market size, both volume and value. Also cover different industries client's information, which is very important for the manufacturers.The Functional Beverages Market report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. the global Functional Beverages Market revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period.
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Functional Beverages Market Size (sales, revenue) forecast by regions and countries from 2021 to 2023 of Functional Beverages industry.Functional Beverages Market with respect to individual growth trends, future prospects, and their contribution to the total market. Functional Beverages Market analysis have current study and addition to the potential feature of the market primarily depends upon the facet of the business which compete on the current market, high factors and appropriated analysis. Global Functional Beverages Market report consumption (value and volume) by key regions/countries, product type and application.Functional Beverages Market Report also mentions market share accrued by each product in the Functional Beverages market, along with the production growth.
Functional Beverages Market Report Focuses on the key global Functional Beverages manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in forecast period.Functional Beverages Market Report organizes across the globe into distinct portion based on industry standards. It also distinguishes the market based on geographical regions.
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Increasing awareness of health and wellness is driving the growth of the functional beverages market at a global level. Functional beverages assist in enhancing various body functionalities such as the immune system, heart rate, digestive health, and weight management due to the presence of minerals, vitamins, herbs, amino acids, antioxidants, and bacteria. Thus, the health attributes of functional beverages are expected to drive market growth.
The key players in the market are investing heavily in product development and adopting aggressive marketing strategies and promotion campaigns to capture a wider consumer base. Owing to the increasing demand for low-calorie products, manufacturers are focusing on launching zero-calorie or low-calorie functional beverages. Moreover, the growth of the organized retail sector is assisting in the easy availability of the product, which is supporting the growth of the global functional beverages market.
The global functional beverages market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world. Europe is estimated to dominate the global functional beverages market in 2018. The European market is projected to reach to USD 74.26 billion by the end of 2023. Consumers are increasingly opting for healthy and nutritional drinks over calorie-heavy soft drinks, which is driving the growth of the functional beverages market in the region. In Europe, Germany and the UK are expected to contribute greatly to market growth. The functional beverages market in Asia-Pacific is projected to register a substantial CAGR of 7.29% during the forecast period. Rising health awareness is one of the major factors for increasing product demand in the region. In addition, key manufacturers of functional beverages are targeting the market in Asia-Pacific. The North American market is expected to account for 29.34% of the market share in 2018 and is projected to register a moderate growth rate during the forecast period.
The global functional beverages market has been segmented, on the basis of type, into energy drinks, functional fruit and vegetable juices, sports beverages, prebiotic and probiotic drinks, functional dairy products, dairy alternative beverages, and others. In 2017, the sports beverage segment accounted for the majority market share of the global functional beverages market and is projected to reach USD 63.88 billion by the end of 2023. However, the functional fruit and vegetable juices segment is projected to register the highest CAGR of 7.13% during the review period.
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On the basis of function, the global functional beverages market has divided into hydration, energy and rejuvenation, health and wellness, and weight management. In 2017, the health and wellness segment is expected to account for the maximum market share and is projected to reach USD 91.25 billion by the end of 2023.The global functional beverages market has been also been categorized, on the basis of distribution channel, as store-based and non-store-based. The store-based segment is expected to be the larger market while the non-store-based segment is projected to be the faster-growing market at the higher CAGR of 7.08% during the assessment period.
The leading market players in the global functional beverages market are PepsiCo Inc. (US), the Coca-Cola Company (US), Nestle SA (Switzerland), Danone (France), Kraft Heinz Company (US), Fonterra Co-operative Group Ltd (New Zealand), Mondelez International Inc. (US), Monster Beverage Corporation (US), Campbell Soup Co. (US), and Hain Celestial Group (US).
Food & beverage manufacturers
Functional beverage manufacturers
Raw material suppliers
Retailers and wholesalers
Traders, importers, and exporters
The sports beverage segment of the global functional beverages market, by type, is expected to be the largest market during the forecast period of 2018 to 2023. However, the functional fruit and vegetable juices segment is projected to register the highest CAGR of 7.13% during the review period.
The health and wellness function segment is expected to exhibit a CAGR of 6.31% during the forecast period to reach USD 91.25 billion by the end of 2023. The energy and rejuvenation segment is projected to register a CAGR of 7.07% during the review period.
Global Functional Beverages Market Research Reportâ€Forecast till 2023:
As per analysis, the global functional beverages market is estimated to reach USD 234.48 billion by the end of 2023 at a CAGR of 6.63% during the forecast period.
The report also offers a regional analysis:
oRest of Europe
oAustralia and New Zealand
oRest of Asia-Pacific
Rest of the World
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The global Functional Beverages market Growth is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2023. In 2021, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.Functional Beverages Market provides sizing and growth opportunities for the period 2021-2023. Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market. Report Includes a detailed analysis of growth drivers, challenges, and investment opportunities. Delivers a complete overview of segments and the regional outlook of the market. Functional Beverages Market Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain competitive advantage.
Functional Beverages Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.Functional Beverages Market Forecast by regions, type and application, with sales and revenue, from 2021 to 2023.Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Total Chapters in Functional Beverages Market Report are:
Chapter 1 Overview of Functional Beverages Market
Chapter 2 Global Market Status and Forecast by Regions
Chapter 3 Global Market Status and Forecast by Types
Chapter 4 Global Market Status and Forecast by Downstream Industry
Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 10 Market Driving Factor Analysis of Low End Servers
Chapter 11 Functional Beverages Market Competition Status by Major Manufacturers
Chapter 12 Functional Beverages Major Manufacturers Introduction and Market Data
Chapter 13 Upstream and Downstream Market Analysis of Functional Beverages Market
Chapter 14 Cost and Gross Margin Analysis of Functional Beverages Market
Detailed TOC of Global Functional Beverages Market Analysis & Forecast
1 Executive Summary
2 Market Dynamics
2.1 Market Growth Factors
2.1.1 Rising Security and Safety Concern
2.1.2 Functional Beverages in Developing Countries
2.1.3 Enhanced Business Productivity
2.2 Market Restraints
2.3 Functional Beverages Supply Chain Process
2.4 Porter's Five Forces Analysis
3 Global Functional Beverages Market, By Type
4 Global Functional Beverages Market, By Component
4.2.1 Functional Beverages Components
5 Global Functional Beverages Market, By Verticals
6 Global Functional Beverages Market, By Region
6.2 Market, By Regions
6.2.1 North America
188.8.131.52 U.S. 33
184.108.40.206 Rest of Europe
220.127.116.11 Rest of Asia-pacific
6.2.8 Rest of the World (RoW)
18.104.22.168 Middle East & Africa
22.214.171.124 Latin Countries
7 Competitive Landscape
7.2 Market Share Analysis
7.3 Company Profiles
126.96.36.199 Business Overview
188.8.131.52 Product/Service Portfolio
184.108.40.206 Business Strategy
220.127.116.11 SWOT Analysis
8.1 Scope of the Study
8.1.1 Research Objective
8.2 Market Structure
9 Research Methodologies
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
9.4 Market Size Estimation
9.5 Forecast Model
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