Functional Beverages Market is Expected to Achieve a Valuation of $212.6 Billion by 2030, with a (CAGR) of 5.60%. The Growth is Primarily driven by the Energy Drinks Segment.

Functional Beverages Market Overview:

The Functional Beverages market will touch USD 212.6 billion at a 5.60% CAGR by 2030, according to the current Market Research Future report.

Drivers:

Health benefits linked to functional beverages to Boost Market Growth

Functional beverages are beverages that contain added ingredients, such as vitamins, minerals, herbs, or other bioactive compounds, which are claimed to provide health benefits beyond basic nutrition. These beverages have gained popularity in recent years due to their potential to offer various health benefits. Consumers are becoming more health-conscious and seeking products that provide additional benefits. Functional beverages offer a convenient way to incorporate health-enhancing ingredients into their daily routines. There is a rising demand for natural and healthy alternatives to traditional beverages. Functional beverages often contain natural ingredients, such as fruits, vegetables, or botanical extracts, which appeal to health-conscious consumers.

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Market Segmentations:

The Functional Beverages market is bifurcated based on Type, Function, and Distribution Channel.

By type, the market is segregated into Energy Drinks and Sports Beverages.

By function, Health & Wellness will lead the market over the forecast period.

By distribution channel, stored based will dominate the market over the forecast period.

Regional Analysis:

Europe to Head Functional Beverages Market

Europe has a well-established market for functional beverages, driven by factors such as increasing consumer awareness of health and wellness, changing dietary preferences, and growing demand for convenient and functional food and beverage products. The region has witnessed a rise in health-conscious consumers seeking functional beverages as a part of their daily routine.

Additionally, European countries have a strong tradition of functional and herbal drinks, such as herbal teas and natural remedies, which has laid the foundation for the growth of the functional beverages market. Europe also has a supportive regulatory environment that allows the introduction and marketing of functional ingredients and products.

Browse In-depth Market Research Report (110 Pages) on Functional Beverages Market:

https://www.marketresearchfuture.com/reports/functional-beverages-market-1863

Key Players:

Eminent players profiled in the global Functional Beverages market report include Nestle S.A., The Coca-Cola Company, PepsiCo Inc., Halen Brands Inc., Fonterra Co-operative Group Ltd., Mondelez International Inc., and GacLife.

Industry Updates:

In August 2022, Coca-Cola India launched a new beverage called Limca Sportz within their n-fizz category. Limca Sportz is a water-based beverage specially formulated with glucose and electrolytes.
Discover More Research Reports on Food, Beverages & Nutrition Market, by Market Research Future:

Canned Alcoholic Beverages Market: https://www.marketresearchfuture.com/reports/canned-alcoholic-beverages-market-12320

Ready To Drink Market: https://www.marketresearchfuture.com/reports/ready-to-drink-market-3205

Whey Market: https://www.marketresearchfuture.com/reports/whey-market-2435

Non-Alcoholic RTD Beverages Market: https://www.marketresearchfuture.com/reports/non-alcoholic-rtd-beverages-market-7951

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