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The functional drinks market is forecasted to grow by USD 77.3 billion during 2023-2028, accelerating at a CAGR of 10.05% during the forecast period. The report on the functional drinks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by new product launches, health benefits of functional drinks, and increasing consumption by millennials.
The functional drinks market is segmented as below:
By Product
- Energy beverages
- Functional fruit and vegetable juices
- Sports beverages
- Prebiotic and probiotic drinks
- Others
By Application
- Health and wellness
- Weight loss
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the functional drinks market covers the following areas:
- Functional drinks market sizing
- Functional drinks market forecast
- Functional drinks market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global functional drinks market: Archer Daniels Midland Co., Clif Bar and Co., Danone SA, Glanbia plc, Gujarat Cooperative Milk Marketing Federation Ltd., Kerry Group Plc, Keurig Dr Pepper Inc., Kruger GmbH and Co. KG, Lifeway Foods Inc., Monster Beverage Corp., Nestle SA, Otsuka Holdings Co. Ltd., PepsiCo Inc., Probi AB, Red Bull GmbH, Suntory Holdings Ltd., The Coca Cola Co., The Kraft Heinz Co., and Yakult Honsha Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing popularity of e-commerce."
According to the report, one of the major drivers for this market is the new product launches.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Archer Daniels Midland Co.
- Clif Bar and Co.
- Danone SA
- Glanbia plc
- Gujarat Cooperative Milk Marketing Federation Ltd.
- Kerry Group Plc
- Keurig Dr Pepper Inc.
- Kruger GmbH and Co. KG
- Lifeway Foods Inc.
- Monster Beverage Corp.
- Nestle SA
- Otsuka Holdings Co. Ltd.
- PepsiCo Inc.
- Probi AB
- Red Bull GmbH
- Suntory Holdings Ltd.
- The Coca Cola Co.
- The Kraft Heinz Co.
- Yakult Honsha Co. Ltd.
