+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Functional Beverage Market Research Report by Product Type (Dairy Based Beverage, Energy Drinks, and Enhanced Water), Distribution, State - United States Forecast to 2027 - Cumulative Impact of COVID-19

  • PDF Icon

    Report

  • 140 Pages
  • July 2022
  • Region: United States
  • 360iResearch™
  • ID: 5122746
UP TO OFF until Dec 31st 2022
The United States Functional Beverage Market size was estimated at USD 23.57 billion in 2021, USD 26.06 billion in 2022, and is projected to grow at a CAGR 10.50% to reach USD 42.93 billion by 2027.

Market Statistics:


The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:


This research report categorizes the Functional Beverage to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Product Type, the market was studied across Dairy Based Beverage, Energy Drinks, Enhanced Water, Functional Fruit and Vegetable Juices, RTD Tea & Coffee, and Sports & Performance Drink.
  • Based on Distribution, the market was studied across Convenience Stores, Online Retail, Pharmacies, and Supermarket/Hypermarket.
  • Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:


COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:


We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Functional Beverage market considering the current update on the conflict and its global response.

Competitive Strategic Window:


The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:


The FPNV Positioning Matrix evaluates and categorizes the vendors in the Functional Beverage Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:


The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:


The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:


The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Functional Beverage Market, including Aqua ViTea, LLC, Campbell Soup Company, Danone S.A., Drink Recess Inc., General Mills, Inc., Kraft Heinz Company, Monster Beverage Corporation, Nestlé S.A., PepsiCo, Inc., Red Bull GmbH, and The Coca-Cola Company.

The report provides insights on the following pointers:


1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:


1. What is the market size and forecast of the United States Functional Beverage Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Functional Beverage Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Functional Beverage Market?
4. What is the competitive strategic window for opportunities in the United States Functional Beverage Market?
5. What are the technology trends and regulatory frameworks in the United States Functional Beverage Market?
6. What is the market share of the leading vendors in the United States Functional Beverage Market?
7. What modes and strategic moves are considered suitable for entering the United States Functional Beverage Market?

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 Summary4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising U.S. Consumers Awareness on Health with Preference of Functional Beverage Over Carbonated Drinks
5.1.1.2. Growing Consumption for Sports Drinks due to Increasing Sports Activities
5.1.2. Restraints
5.1.2.1. Limited Standard Regulatory Protocols for Approval in U.S for Safety of the Beverage
5.1.3. Opportunities
5.1.3.1. Increasing Availability of Organic, Non-Gmo and Clean-Label Functional Beverages in the United States
5.1.3.2. Product Portfolio Extended for Probiotics, Prebiotics Plant Extracts, and Omega-3S by Companies
5.1.4. Challenges
5.1.4.1. Availability of Inexpensive Substitutes and Cost Challenges for Varied Beverages
5.2. Cumulative Impact of COVID-19
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. California Functional Beverage Market9. Florida Functional Beverage Market10. Illinois Functional Beverage Market11. New York Functional Beverage Market12. Ohio Functional Beverage Market13. Pennsylvania Functional Beverage Market14. Texas Functional Beverage Market
15. Competitive Landscape
15.1. Fpnv Positioning Matrix
15.1.1. Quadrants
15.1.2. Business Strategy
15.1.3. Product Satisfaction
15.2. Market Ranking Analysis
15.3. Market Share Analysis, by Key Player
15.4. Competitive Scenario
15.4.1. Merger & Acquisition
15.4.2. Agreement, Collaboration, & Partnership
15.4.3. New Product Launch & Enhancement
15.4.4. Investment & Funding
15.4.5. Award, Recognition, & Expansion
16. Company Usability Profiles
16.1. Aqua Vitea, LLC
16.2. Campbell Soup Company
16.3. Danone S.A.
16.4. Drink Recess Inc.
16.5. General Mills, Inc.
16.6. Kraft Heinz Company
16.7. Monster Beverage Corporation
16.8. Nestlé S.A.
16.9. Pepsico, Inc.
16.10. Red Bull GmbH
16.11. the Coca-Cola Company
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing
List of Figures
FIGURE 1. UNITED STATES FUNCTIONAL BEVERAGE MARKET: RESEARCH PROCESS
FIGURE 2. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, 2021 VS 2027 (USD MILLION)
FIGURE 3. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 4. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY STATE, 2021 VS 2027 (%)
FIGURE 5. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 6. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY STATE, 2027
FIGURE 7. UNITED STATES FUNCTIONAL BEVERAGE MARKET DYNAMICS
FIGURE 8. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2021 VS 2027 (%)
FIGURE 9. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2021 VS 2027 (USD MILLION)
FIGURE 10. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2027
FIGURE 11. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY DAIRY BASED BEVERAGE, 2019-2027 (USD MILLION)
FIGURE 12. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY DAIRY BASED BEVERAGE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 13. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY ENERGY DRINKS, 2019-2027 (USD MILLION)
FIGURE 14. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY ENERGY DRINKS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 15. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY ENHANCED WATER, 2019-2027 (USD MILLION)
FIGURE 16. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY ENHANCED WATER, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 17. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY FUNCTIONAL FRUIT AND VEGETABLE JUICES, 2019-2027 (USD MILLION)
FIGURE 18. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY FUNCTIONAL FRUIT AND VEGETABLE JUICES, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 19. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY RTD TEA & COFFEE, 2019-2027 (USD MILLION)
FIGURE 20. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY RTD TEA & COFFEE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 21. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY SPORTS & PERFORMANCE DRINK, 2019-2027 (USD MILLION)
FIGURE 22. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY SPORTS & PERFORMANCE DRINK, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 23. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2021 VS 2027 (%)
FIGURE 24. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2021 VS 2027 (USD MILLION)
FIGURE 25. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2027
FIGURE 26. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY CONVENIENCE STORES, 2019-2027 (USD MILLION)
FIGURE 27. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY CONVENIENCE STORES, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 28. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY ONLINE RETAIL, 2019-2027 (USD MILLION)
FIGURE 29. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY ONLINE RETAIL, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 30. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY PHARMACIES, 2019-2027 (USD MILLION)
FIGURE 31. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY PHARMACIES, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 32. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY SUPERMARKET/HYPERMARKET, 2019-2027 (USD MILLION)
FIGURE 33. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY SUPERMARKET/HYPERMARKET, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 34. CALIFORNIA FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 35. FLORIDA FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 36. ILLINOIS FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 37. NEW YORK FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 38. OHIO FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 39. PENNSYLVANIA FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 40. TEXAS FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 41. UNITED STATES FUNCTIONAL BEVERAGE MARKET: FPNV POSITIONING MATRIX, 2021
FIGURE 42. UNITED STATES FUNCTIONAL BEVERAGE MARKET SHARE, BY KEY PLAYER, 2021
FIGURE 43. COMPETITIVE SCENARIO ANALYSIS IN UNITED STATES FUNCTIONAL BEVERAGE MARKET, BY TYPE
List of Tables
TABLE 1. UNITED STATES FUNCTIONAL BEVERAGE MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2016-2020
TABLE 3. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 4. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY STATE, 2019-2027 (USD MILLION)
TABLE 5. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2019-2027 (USD MILLION)
TABLE 6. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY DAIRY BASED BEVERAGE, BY STATE, 2019-2027 (USD MILLION)
TABLE 7. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY ENERGY DRINKS, BY STATE, 2019-2027 (USD MILLION)
TABLE 8. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY ENHANCED WATER, BY STATE, 2019-2027 (USD MILLION)
TABLE 9. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY FUNCTIONAL FRUIT AND VEGETABLE JUICES, BY STATE, 2019-2027 (USD MILLION)
TABLE 10. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY RTD TEA & COFFEE, BY STATE, 2019-2027 (USD MILLION)
TABLE 11. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY SPORTS & PERFORMANCE DRINK, BY STATE, 2019-2027 (USD MILLION)
TABLE 12. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2019-2027 (USD MILLION)
TABLE 13. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY CONVENIENCE STORES, BY STATE, 2019-2027 (USD MILLION)
TABLE 14. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY ONLINE RETAIL, BY STATE, 2019-2027 (USD MILLION)
TABLE 15. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY PHARMACIES, BY STATE, 2019-2027 (USD MILLION)
TABLE 16. UNITED STATES FUNCTIONAL BEVERAGE MARKET SIZE, BY SUPERMARKET/HYPERMARKET, BY STATE, 2019-2027 (USD MILLION)
TABLE 17. CALIFORNIA FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 18. CALIFORNIA FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2019-2027 (USD MILLION)
TABLE 19. CALIFORNIA FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2019-2027 (USD MILLION)
TABLE 20. FLORIDA FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 21. FLORIDA FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2019-2027 (USD MILLION)
TABLE 22. FLORIDA FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2019-2027 (USD MILLION)
TABLE 23. ILLINOIS FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 24. ILLINOIS FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2019-2027 (USD MILLION)
TABLE 25. ILLINOIS FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2019-2027 (USD MILLION)
TABLE 26. NEW YORK FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 27. NEW YORK FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2019-2027 (USD MILLION)
TABLE 28. NEW YORK FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2019-2027 (USD MILLION)
TABLE 29. OHIO FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 30. OHIO FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2019-2027 (USD MILLION)
TABLE 31. OHIO FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2019-2027 (USD MILLION)
TABLE 32. PENNSYLVANIA FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 33. PENNSYLVANIA FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2019-2027 (USD MILLION)
TABLE 34. PENNSYLVANIA FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2019-2027 (USD MILLION)
TABLE 35. TEXAS FUNCTIONAL BEVERAGE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 36. TEXAS FUNCTIONAL BEVERAGE MARKET SIZE, BY PRODUCT TYPE, 2019-2027 (USD MILLION)
TABLE 37. TEXAS FUNCTIONAL BEVERAGE MARKET SIZE, BY DISTRIBUTION, 2019-2027 (USD MILLION)
TABLE 38. UNITED STATES FUNCTIONAL BEVERAGE MARKET: FPNV POSITIONING MATRIX - SCORES, 2021
TABLE 39. UNITED STATES FUNCTIONAL BEVERAGE MARKET: FPNV POSITIONING MATRIX - BUSINESS STRATEGY, 2021
TABLE 40. UNITED STATES FUNCTIONAL BEVERAGE MARKET: FPNV POSITIONING MATRIX - PRODUCT SATISFACTION, 2021
TABLE 41. UNITED STATES FUNCTIONAL BEVERAGE MARKET RANKING
TABLE 42. UNITED STATES FUNCTIONAL BEVERAGE MARKET SHARE, BY KEY PLAYER, 2021
TABLE 43. UNITED STATES FUNCTIONAL BEVERAGE MARKET MERGER & ACQUISITION
TABLE 44. UNITED STATES FUNCTIONAL BEVERAGE MARKET AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 45. UNITED STATES FUNCTIONAL BEVERAGE MARKET NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 46. UNITED STATES FUNCTIONAL BEVERAGE MARKET INVESTMENT & FUNDING
TABLE 47. UNITED STATES FUNCTIONAL BEVERAGE MARKET AWARD, RECOGNITION, & EXPANSION
TABLE 48. UNITED STATES FUNCTIONAL BEVERAGE MARKET: LICENSE & PRICING

Companies Mentioned

  • Aqua ViTea, LLC
  • Campbell Soup Company
  • Danone S.A.
  • Drink Recess Inc.
  • General Mills, Inc.
  • Kraft Heinz Company
  • Monster Beverage Corporation
  • Nestlé S.A.
  • PepsiCo, Inc.
  • Red Bull GmbH
  • The Coca-Cola Company

Methodology

Loading
LOADING...