Key Highlights
- The functional drinks market includes retail sales of sports drinks and energy drinks. Sports drinks are defined as drinks with performance-enhancing properties, described as 'isotonic', 'hypertonic', or 'hypotonic'. Energy drinks are defined as those with energy-enhancing properties; mainly carbonated and containing stimulants such as caffeine, taurine, guarana, glucuronolactone, yerba mate, along with glucose syrup (corn syrup) and maltodextrin. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
- The Scandinavian functional drinks market recorded revenues of $1.65 billion in 2024, representing a compound annual growth rate (CAGR) of 10.1% between 2019-24.
- Market consumption volume increased with a CAGR of 8.4% between 2019-24, reaching a total of 252.3 million liters in 2024.
- The Scandinavian functional drinks market registered strong growth during 2019-24, primarily driven by the shifting consumer values, lifestyle changes, and changing beverage habits.
Report Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the functional drinks market in Scandinavia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the functional drinks market in Scandinavia
- Leading company profiles reveal details of key functional drinks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Scandinavia functional drinks market with five year forecasts
Reasons to Buy
- What was the size of the Scandinavia functional drinks market by value in 2024?
- What will be the size of the Scandinavia functional drinks market in 2029?
- What factors are affecting the strength of competition in the Scandinavia functional drinks market?
- How has the market performed over the last five years?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Monster Beverage Corp
- Red Bull GmbH
- Royal Unibrew AS
- Valora Holding AG

