Functional Beverages Market Analysis | Key Findings, Regional Analysis, Key Players Profiles and Future Prospects

Market Overview

Functional beverages refer to the non-alcoholic drinks that contain beneficial ingredients like vitamins, minerals, probiotics, dietary fibers, added raw fruits, amino acids, and more for revitalizing the drinkers. Functional beverages provide several health benefits to the various organs such as the gastrointestinal tract and heart and enhance the immune functions. The global market for functional beverages is experiencing continuous growth since the last few years. The increase in health-consciousness among the people in recent times is a major driving factor in market growth.

Get Free Sample Copy of “Functional Beverages Industry” @ https://www.marketresearchfuture.com/sample_request/1863

The increase in the demand for healthy options as an alternative to the different carbonated drinks will further boost the growth of the global functional beverage market. The rise in the working-class population is yet another prominent driving factor in market growth. Moreover, the growth of the obese population and sedentary lifestyle increases the need for hydrations and effective weight management. All these factors are likely to create new opportunities for expansion of the global market of functional beverages.

Competitive Landscape

Notable players in the Functional Beverages Industry include Nestle S.A. (Switzerland), The Coca-Cola Company (U.S.), PepsiCo Inc. (U.S.), Fonterra Co-operative Group Ltd. (New Zealand), Mondelez International Inc. (U.S.), Hain Celestial Group (U.S.), Monster Beverage Corporation (U.S.), Kraft Heinz Company (U.S.), Campbell Soup Co. (U.S.), and Danone (France).

Market Segmentation

The global market of functional beverages is segmented based on distribution channel, type, function, and geographical region.

Based on the distribution channel, the global functional beverages market consists of store-based and non-store based. The store-based segment is expected to acquire a leading position during the forecast period.

Regional Analysis

Based on geographical region, the global functional beverage market is segmented into North America, Asia Pacific, Europe, and the rest of the world.

Europe is expected to occupy the largest market segment in the coming years. The growing preference of the consumers for a healthy diet is a major driver of the market growth in the region.

North America occupies the second position in the global market of functional beverages. The United States is the main contributor to the market growth of the North America region.

Asia Pacific region is projected to exhibit the highest CAGR during the forecast period. India, Japan, and China are the major contributors to the region.

Get More Professional and Technical Industry Insights @ https://www.marketresearchfuture.com/reports/functional-beverages-market-1863

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

This release was published on openPR.