Press release
Functional Beverages Market Business Overview, Research Insights, Leading Players, Current Trends And COVID-19 Impact Analysis
The global functional beverages market is expected grow from $121.18 billion in 2020 to $130.51 billion in 2021 at a compound annual growth rate (CAGR) of 7.7%. The market is expected to reach $173.23 billion in 2025 at a CAGR of 7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.The Business Research Company offers "Functional Beverages Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.
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The functional beverages market consists of sales of functional beverages and related services. Functional beverages are non-alcoholic drinks which contain non-traditional ingredients such as vitamins, minerals, dietary fibers, probiotics, and added fruits.
Some of the key players involved in the functional beverages market are Arla foods, National Beverage Corp, Cloud 9, Nestle, GNC Holdings, Pepsico Inc, Dr. Pepper Snapple Group, Redbull GmBH, GlaxoSmithKline Consumer Healthcare Ltd, Suntory Holdings Ltd., Kraft Foods, Tata Global Beverages, Mondelez International Inc, Abbott Nutrition Inc.
The countries covered in the global functional beverages market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global functional beverages market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Functional Beverages Market Segmentation:
1) By Type: Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-based Beverages, Juices, Enhanced Water, Others
2) By Function: Health & Wellness, Weight Management
3) By Distribution Channel: Brick & Mortar, Online
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A Few Points From The Table Of Content
1. Executive Summary
2. Functional Beverages Market Characteristics
3. Functional Beverages Market Size And Growth
4. Functional Beverages Market Segmentation
5. Functional Beverages Market Regional And Country Analysis
……
27. Functional Beverages Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Functional Beverages Market
29. Functional Beverages Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the functional beverages market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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About The Business Research Company:
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology. TBRC excels in company, market, and consumer research.
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