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Global Functional Beverage Market by Product Type (Dairy Based Beverage, Energy Drinks, Enhanced Water), Distribution (Convenience Stores, Online Retail, Pharmacies) - Forecast 2023-2030

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    Report

  • 185 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 4829908
UP TO OFF until Dec 31st 2024
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The Functional Beverage Market size was estimated at USD 132.94 billion in 2022, USD 146.91 billion in 2023, and is expected to grow at a CAGR of 10.51% to reach USD 295.71 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Functional Beverage Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Functional Beverage Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Functional Beverage Market, highlighting leading vendors and their innovative profiles. These include Ahista Group, Aqua ViTea, Archer Daniels Midland Company, Campbell Soup Company, Casamara Club, LLC, Clif Bar & Company, LLC, Danone S.A., Drink Recess Inc., Fonterra Co-operative Group Limited, General Mills, Inc., Glanbia PLC, GT’s Living Foods LLC, International Flavors & Fragrances Inc., Kraft Heinz Company, Lycored Corp., National Beverage Corp., Nestlé S.A., PepsiCo, Inc., Plants by People Co., Red Bull GmbH, Suntory Holdings Limited, The Coca-Cola Company, The Hain Celestial Group, Inc., and Ultima Health Products, Inc.

Market Segmentation & Coverage

This research report categorizes the Functional Beverage Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product Type
    • Dairy Based Beverage
    • Energy Drinks
    • Enhanced Water
    • Functional Fruit and Vegetable Juices
    • RTD Tea & Coffee
    • Sports & Performance Drink
  • Distribution
    • Convenience Stores
    • Online Retail
    • Pharmacies
    • Supermarket/Hypermarket
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Functional Beverage Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Functional Beverage Market?
  3. What are the technology trends and regulatory frameworks in the Functional Beverage Market?
  4. What is the market share of the leading vendors in the Functional Beverage Market?
  5. Which modes and strategic moves are suitable for entering the Functional Beverage Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Functional Beverage Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Consumers’ Increasing Health Awareness and Inclination Towards Non-Alcoholic Beverages
5.1.1.2. Consumer Readiness to Pay a Premium Price for Various Functional Advantages
5.1.1.3. Growing Consumption for Sports Drinks Due to Increasing Sports and Excercise Activities
5.1.2. Restraints
5.1.2.1. Strict and Non-Standard Regulatory Protocols for Approval due to Concerns over the Safety of the Beverage
5.1.3. Opportunities
5.1.3.1. Rising Popularity of Nootropic Beverages and Attractive Availability Through Online Channels
5.1.3.2. Technological Advancements and Rising Preference for Natural Ingredients Based Functional Beverages
5.1.4. Challenges
5.1.4.1. Availability of Inexpensive Substitutes and Worrying Trend of Mixing Functional Drinks with Alcohol
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
5.10.1. Growing Demand for Healthy Hydration
5.10.2. Immunity Booster Advertising
6. Functional Beverage Market, by Product Type
6.1. Introduction
6.2. Dairy Based Beverage
6.3. Energy Drinks
6.4. Enhanced Water
6.5. Functional Fruit and Vegetable Juices
6.6. RTD Tea & Coffee
6.7. Sports & Performance Drink
7. Functional Beverage Market, by Distribution
7.1. Introduction
7.2. Convenience Stores
7.3. Online Retail
7.4. Pharmacies
7.5. Supermarket/Hypermarket
8. Americas Functional Beverage Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Functional Beverage Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Functional Beverage Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Ahista Group
12.1.2. Aqua ViTea
12.1.3. Archer Daniels Midland Company
12.1.4. Campbell Soup Company
12.1.5. Casamara Club, LLC
12.1.6. Clif Bar & Company, LLC
12.1.7. Danone S.A.
12.1.8. Drink Recess Inc.
12.1.9. Fonterra Co-operative Group Limited
12.1.10. General Mills, Inc.
12.1.11. Glanbia PLC
12.1.12. GT’s Living Foods LLC
12.1.13. International Flavors & Fragrances Inc.
12.1.14. Kraft Heinz Company
12.1.15. Lycored Corp.
12.1.16. National Beverage Corp.
12.1.17. Nestlé S.A.
12.1.18. PepsiCo, Inc.
12.1.19. Plants by People Co.
12.1.20. Red Bull GmbH
12.1.21. Suntory Holdings Limited
12.1.22. The Coca-Cola Company
12.1.23. The Hain Celestial Group, Inc.
12.1.24. Ultima Health Products, Inc.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
List of Figures
FIGURE 1. FUNCTIONAL BEVERAGE MARKET RESEARCH PROCESS
FIGURE 2. FUNCTIONAL BEVERAGE MARKET SIZE, 2022 VS 2030
FIGURE 3. FUNCTIONAL BEVERAGE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. FUNCTIONAL BEVERAGE MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. FUNCTIONAL BEVERAGE MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. FUNCTIONAL BEVERAGE MARKET DYNAMICS
FIGURE 7. FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2022 VS 2030 (%)
FIGURE 8. FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2022 VS 2030 (%)
FIGURE 10. FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS FUNCTIONAL BEVERAGE MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 12. AMERICAS FUNCTIONAL BEVERAGE MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 14. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC FUNCTIONAL BEVERAGE MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC FUNCTIONAL BEVERAGE MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA FUNCTIONAL BEVERAGE MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA FUNCTIONAL BEVERAGE MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. FUNCTIONAL BEVERAGE MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 20. FUNCTIONAL BEVERAGE MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • Ahista Group
  • Aqua ViTea
  • Archer Daniels Midland Company
  • Campbell Soup Company
  • Casamara Club, LLC
  • Clif Bar & Company, LLC
  • Danone S.A.
  • Drink Recess Inc.
  • Fonterra Co-operative Group Limited
  • General Mills, Inc.
  • Glanbia PLC
  • GT’s Living Foods LLC
  • International Flavors & Fragrances Inc.
  • Kraft Heinz Company
  • Lycored Corp.
  • National Beverage Corp.
  • Nestlé S.A.
  • PepsiCo, Inc.
  • Plants by People Co.
  • Red Bull GmbH
  • Suntory Holdings Limited
  • The Coca-Cola Company
  • The Hain Celestial Group, Inc.
  • Ultima Health Products, Inc.

Methodology

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