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Global Functional Beverages Market Business Overview, In-Depth Analysis, Massive Growth, Share And Leading Players - Danone, Clif Bar & Company, Universal Nutrition
Functional Beverages Market
As per the functional beverages market report by The Business Research Company, the increasing awareness of health issues is anticipated to propel the demand for functional beverages over the forecast period. Functional beverages help to enhance various body functionalities, including the management of heart rate, digestive health, immune system, and weight management, due to the presence of vitamins, minerals, herbs, and amino acids. Consumers are increasingly shifting towards the consumption of functional beverages that contain ingredients to address these specific health issues.
The global functional beverages market size will grow from $131.47 billion in 2022 to $147.7 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The global functional beverages market size is expected to grow from $224.99 billion in 2027 at a CAGR of 11.1%.
Read More On The Functional Beverages Market Report Here:
https://www.thebusinessresearchcompany.com/report/functional-beverages-global-market-report
Major competitors in the functional beverages market include Danone, Clif Bar & Company, Universal Nutrition, Cloud 9, The Coca-Cola Company, Monster Beverage Corporation, Arla foods, National Beverage Corp., Cloud 9, Nestle.
The functional beverages market is segmented -
• By Type: Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-based Beverages, Juices, Enhanced Water, Other Types
• By Function: Health & Wellness, Weight Management
• By Distribution Channel: Brick & mortar, Online
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the functional beverages market.
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The functional beverages market consists of sales of energy drinks, sports drinks, enhanced fruit drinks, bottled water, and other functional beverages. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Functional Beverages Market Include:
1. Executive Summary
2. Functional Beverages Market Characteristics
3. Functional Beverages Market Trends And Strategies
4. Functional Beverages Market - Macro Economic Scenario
5. Functional Beverages Market Size And Growth
6. Functional Beverages Market Segmentation
…………
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 "Global Functional Beverages Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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