openPR Logo
Press release

Functional Beverages Market Projected to Reach $179.8 Billion by 2029

08-23-2024 06:50 AM CET | Food & Beverage

Press release from: Meticulous Research®

Functional Beverages Market Projected to Reach $179.8 Billion

Meticulous Research®, a leading market intelligence firm, has released a comprehensive report forecasting substantial growth in the global functional beverages market. The market is anticipated to expand at a Compound Annual Growth Rate (CAGR) of 6.7% from 2022 to 2029, reaching an impressive valuation of $179.8 billion by the end of 2029.

Request Sample Report@ https://www.meticulousresearch.com/request-sample-report/cp_id=5407

This robust growth trajectory is largely driven by several key factors, including the rising demand for functional beverages in emerging economies, increased consumer preference for sports drinks, and a significant uptick in global health expenditure. However, the market's expansion may face challenges due to the availability of healthier alternatives and the relatively high cost of functional beverages compared to traditional options.

Market Segmentation and Insights

The functional beverages market is broadly segmented into several categories:

By Type: Energy Drinks, Sports Drinks, Dairy-based Beverages, Nutraceutical Drinks, Vegetable & Fruit Beverages, and Other Beverages.
By Application: Health & Wellness, Weight Management.
By Distribution Channel: Supermarkets & Hypermarkets, Convenience Stores, Pharmacies & Health Stores, E-commerce, and Other Distribution Channels.
By Geography: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Segment Highlights:

Sports Drinks: Expected to register the highest CAGR over the forecast period, driven by their growing popularity among teenagers and adults who are increasingly engaged in sports and fitness activities. The demand for clean-label and non-GMO products is also contributing to this segment's growth.

Distribution Channels: In 2022, convenience stores are projected to hold the largest market share, while the E-commerce segment is set to witness the fastest growth. This surge in online sales is attributed to the broad product variety available online, competitive pricing, and the convenience of home delivery services.
Browse in Depth@https://www.meticulousresearch.com/product/functional-beverages-market-5407

Regional Analysis:

North America: Expected to maintain its dominance in the global functional beverages market through 2029. This can be attributed to high consumer awareness regarding the health benefits of functional beverages and the increasing demand for innovative, healthier food and beverage options.

Asia-Pacific: Anticipated to experience the fastest growth during the forecast period, driven by rising incidences of diabetes and obesity, growing consumer preference for low-carb and clean-label products, and heightened awareness of health and fitness across the region.

Key Industry Players:

The functional beverages market is moderately competitive, with a mix of large and small global, regional, and local players. Prominent companies in the market include:

Danone S.A. (France)
Meiji Holdings Co., Ltd. (Japan)
Monster Beverage Corporation (U.S.)
National Beverage Corp. (U.S.)
Nestle S.A. (U.S.)
PepsiCo, Inc. (U.S.)
Red Bull GmbH (Austria)
Suntory Holdings Limited (Japan)
The Coca-Cola Company (U.S.)
The Kraft Heinz Company (U.S.)

Buy Now@ https://www.meticulousresearch.com/Checkout/56810581

Related Reports:

Functional Ingredients Market :https://www.meticulousresearch.com/product/functional-ingredients-market-5645

Beverage Packaging Market: https://www.meticulousresearch.com/product/beverage-packaging-market-5925

Fermented Foods and Beverages Market : https://www.meticulousresearch.com/product/fermented-foods-and-beverages-market-5469

Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email-
sales@meticulousresearch.com
Visit Our Website:
https://www.meticulousresearch.com/
Connect with us on LinkedIn-
https://www.linkedin.com/company/meticulous-research

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Functional Beverages Market Projected to Reach $179.8 Billion by 2029 here

News-ID: 3632128 • Views:

More Releases from Meticulous Research®

Global AGV & AMR Market Outlook 2026-2036: Trends, Growth, and Opportunities
Global AGV & AMR Market Outlook 2026-2036: Trends, Growth, and Opportunities
The market for Automated Guided Vehicles (AGVs) and Autonomous Mobile Robots (AMRs) is growing rapidly as industries around the world embrace automation. In 2025, the global market was valued at around USD 6.13 billion. By 2026, it is expected to reach USD 6.89 billion and could climb to USD 21.6 billion by 2036, growing at a healthy CAGR of 12.1%. This surge is largely fueled by the increasing need for
Global Vanadium Flow Battery Market Forecast 2026-2036: Trends, Growth Drivers, and Opportunities
Global Vanadium Flow Battery Market Forecast 2026-2036: Trends, Growth Drivers, …
The vanadium flow battery market is on the rise, largely because the world needs better ways to store renewable energy over long periods. Back in 2025, the market was valued at about USD 387.5 million, and by 2026 it is expected to reach roughly USD 468.1 million. Looking further ahead, by 2036, this market could touch USD 3 billion, growing at an impressive CAGR of 20.4% from 2026 to 2036.
Automotive Intrusion Detection and Prevention Systems (IDPS) Market: Global Outlook and Forecast 2026-2036
Automotive Intrusion Detection and Prevention Systems (IDPS) Market: Global Outl …
The global automotive intrusion detection and prevention systems (IDPS) market is projected to reach USD 7.82 billion by 2036, up from USD 1.53 billion in 2026, reflecting a robust compound annual growth rate (CAGR) of 17.9% over the forecast period. Automotive IDPS are specialized cybersecurity solutions designed to monitor vehicle networks, detect malicious activities or unusual behavior, and respond in real time to mitigate cyber threats. These systems protect connected,
Functional Safety Microcontrollers (MCUs) Market: Global Outlook, Growth Trends, and Forecast (2026-2036)
Functional Safety Microcontrollers (MCUs) Market: Global Outlook, Growth Trends, …
The global functional safety microcontrollers (MCUs) market is experiencing strong and sustained growth, driven by the rising complexity of automotive electronics and increasingly strict vehicle safety requirements. The market is projected to expand from a value of USD 4.92 billion in 2026 to USD 14.73 billion by 2036, registering a compound annual growth rate (CAGR) of 11.6% over the forecast period. This growth reflects the essential role functional safety MCUs

All 5 Releases


More Releases for Beverage

Beverage Coolers Market
Global Acetochlor Market is expected to grow at a significant CAGR during the forecast period 2024-2031 Acetochlor Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help
Beverage Processing Equipment Market Transforming Production with Advanced Machi …
"𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐰𝐢𝐭𝐡 𝐒𝐦𝐚𝐫𝐭𝐞𝐫 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬" The latest study released on the Beverage Processing Equipment Market evaluates market size, trend, and forecast to 2030. The Beverage Processing Equipment market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and
Rising Beverage Consumption Boosts Beverage Can Market to $41.93 Billion by 2028
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033. Beverage Can Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance. The Market Size Is Expected To Reach $41.93 billion In 2028 At
Performance Beverages Market Is Booming Worldwide | High Performance Beverage, R …
Advance Market Analytics published a new research publication on "Performance Beverages Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Performance Beverages market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy of
Growing Preference for Beverage Dispensers with Commercial Beverage Dispensers M …
"The Report Global Commercial Beverage Dispensers Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" About Commercial Beverage Dispensers Commercial beverage dispensers refer to containers that keep beverages fresh for a long period of time. This equipment also allows beverages to be dispensed in prescribed amounts and is mainly used by foodservice establishments such as hotels, restaurants, catering companies, clubs, and pubs. Technavios
Beverage Packaging Market
Zion Research has published a new report titled “Beverage Packaging (Bottle, Can, Pouch, and Carton) Market, By Material (Glass, Plastic, Metal, and Paperboard), for Alcoholic, Non-Alcoholic, and Dairy Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”. According to the report, global demand for beverage packaging market was valued at USD 108.4 billion in 2015, is expected to reach USD 138.7 billion in