Global Functional Beverages Market 2021, Revenues, Business Overview, Growth Rate, SWOT Analysis

The global functional beverages market reached a value of nearly $128,660 million in 2019, having increased at a compound annual growth rate (CAGR) of 4.6% since 2015. The market is expected to decrease from $128,660 million in 2019 to $125,390 million in 2020 at a rate of -2.5%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8.07% from 2021 and reach $158,280 million in 2023.

The Business Research Company offers "Functional Beverages Market Opportunities And Strategies – Global Forecast To 2030" 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 by entities (organizations, sole traders and partnerships) that produce non-alcoholic beverages. A functional beverage is a type of non-alcoholic beverage with an additional benefit through its formulation, often in the form of a health aid or performance-enhancer product. Functional beverages contain non-traditional ingredients such as minerals, vitamins, probiotics, dietary fibers, and added fruits. The companies in the functional beverages industry process raw materials into drinks, package and distribute them through various distribution channels to both individual customers and commercial establishments.

Some of the key players involved in the Functional Beverages market are The Coca-Cola Company, PepsiCo Inc., Nestle S.A, Danone, Red Bull GmbH

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:
By Type
a. Energy Drinks
b. Sports Drinks
c. Nutraceutical Drinks
d. Dairy-Based Beverages
e. Juices
f. Enhanced Water
g. Others

By Function
a. Health and Wellness
b. Wealth Management

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A Few Points From The Table Of Content
1. Functional Beverages Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
……
26. Key Mergers And Acquisitions In The Functional Beverages Market
27. Market Background: Functional Beverages Market
28. Functional Beverages Market Opportunities And Strategies
29. Functional Beverages Market, Conclusions And Recommendations
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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