Press release
Functional Food and Beverages Market Set to Surge to $532.98 Billion by 2030, Industry Share, Trends and Growth Trajectory
The global functional food and beverages market is projected to soar to $532.98 billion by 2030, reflecting a robust compound annual growth rate (CAGR) of 8.9% from 2023 to 2030. This significant expansion is fueled by the increasing consumer demand for health-oriented and nutrition-rich diets, alongside the rising popularity of sports and performance drinks. Industry innovation, coupled with the introduction of new products, is also playing a crucial role in driving market growth. Additionally, evolving lifestyles and the escalating prevalence of chronic diseases are contributing to the market's upward trajectory.Request for Sample Copy: https://www.meticulousresearch.com/download-sample-report/cp_id=5468
Market Dynamics
The functional food and beverages market is poised for continued growth, supported by heightened investments and expansion activities within the industry. The rapid development of the retail sector is further expected to unlock substantial opportunities for market players. However, the market faces challenges such as the premium pricing of functional food and beverages compared to traditional options and stringent government regulations that could potentially hinder growth. Notably, trends such as the rise of healthy snacking and the demand for clean labels are gaining traction and influencing market dynamics.
Market Segmentation
By Type:
The market is segmented into functional foods and functional beverages. In 2023, the functional food segment is anticipated to dominate the market, driven by the growing consumer demand for nutritional and fortifying food products. Increasing awareness of the health benefits associated with functional ingredients, particularly in addressing health concerns such as obesity, diabetes, and cardiovascular diseases, is a key factor contributing to the segment's prominence. Meanwhile, the functional beverages segment is expected to experience the fastest growth during the forecast period, propelled by the rising demand in emerging economies, the increasing popularity of sports drinks, and a surge in health-related expenditures.
By Application:
The market is categorized based on applications, including health & wellness, sports nutrition, weight management, immunity, digestive health, clinical nutrition, cardio health, and others. In 2023, the health & wellness segment is projected to hold the largest market share, attributed to growing consumer health consciousness and the increasing demand for clean-label and non-GMO food products.
Get Customized Report: https://www.meticulousresearch.com/request-customization/cp_id=5468
By Distribution Channel:
Distribution channels for functional food and beverages include supermarkets & hypermarkets, convenience stores, specialty stores, E-commerce, and others. Supermarkets & hypermarkets are expected to lead the market in 2023, benefiting from factors such as increasing urbanization, rising disposable incomes, and the widespread adoption of healthy eating habits. However, the E-commerce segment is forecasted to register the fastest growth over the coming years, driven by consumer preferences for personalized shopping experiences, the convenience of online platforms, competitive pricing, and an expansive selection of products.
Regional Insights
In 2023, North America is expected to maintain its position as the largest market for functional food and beverages. This dominance is attributed to the region's well-established food and beverage industry, high consumer awareness of health benefits, and the growing popularity of protein-enriched products like bars, shakes, and cookies among millennials. Additionally, there is strong demand for nutritional products throughout the region, further solidifying North America's leading position.
Leading Market Players
Prominent players in the functional food and beverages market include: The Coca-Cola Company (U.S.), Danone S.A. (France), Glanbia plc (Ireland), Hearthside Food Solutions LLC (U.S.), Mars, Incorporated (U.S.), Meiji Holdings Co., Ltd. (Japan), Nestlé S.A. (Switzerland), Raisio plc (Finland), Royal FrieslandCampina N.V. (Netherlands), The Kraft Heinz Company (U.S.), Arla Foods amba (Denmark), Amway Corporation (U.S.), PepsiCo, Inc. (U.S.), Kellogg Company (U.S.), and General Mills, Inc. (U.S.).
These key players continue to drive innovation and growth within the market, leveraging their extensive industry expertise and global reach.
Buy this Report: https://www.meticulousresearch.com/Checkout/34789963
Conclusion
As the functional food and beverages market continues to evolve, driven by consumer demand for healthier lifestyle choices and innovative product offerings, industry stakeholders are well-positioned to capitalize on emerging opportunities. Despite challenges, the market's growth prospects remain strong, promising a dynamic future for all involved.
Related Reports:
Baking Ingredients Market: https://www.meticulousresearch.com/download-sample-report/cp_id=5422
Bakery Premixes Market: https://www.meticulousresearch.com/download-sample-report/cp_id=5386
Edible Grasshoppers Market: https://www.meticulousresearch.com/download-sample-report/cp_id=5468
Liquid Botanical Extracts Market: https://www.meticulousresearch.com/download-sample-report/cp_id=5558
Nut Ingredients Market: https://www.meticulousresearch.com/download-sample-report/cp_id=5689
Pet Food Ingredients Market: https://www.meticulousresearch.com/download-sample-report/cp_id=5734
About the company:
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.
Contact:
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
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 Food and Beverages Market Set to Surge to $532.98 Billion by 2030, Industry Share, Trends and Growth Trajectory here
News-ID: 3638657 • Views: …
More Releases from Meticulous Research®

RWE Solutions Market to Reach $6.37 Billion by 2031, Growing at 11.7% CAGR
Meticulous Research®-a leading global market research company, published a research report titled,'Real-world Evidence Solutions Market Size, Share, Forecast, & Trends Analysis by Component (Datasets [Clinical, Claims, Pharmacy], Services) Application (Market Access, Drug Development & Approvals, PMS) End User - Global Forecast to 2031'.
The global RWE solutions market was valued at $2.62 billion in 2023. This market is expected to reach $6.37 billion by 2031 from an estimated $2.94 billion in…

Global Corrugated Packaging Market to Hit $206.3 Billion by 2032, Growing at 4.4 …
Meticulous Research®-a leading global market research company, published a research report titled, 'Corrugated Packaging Market by Type (Single Wall, Double Wall, Triple Wall), Packaging Type (Slotted, Telescope, Fold Type & Tray), End Use Industry (Food & Beverages, Consumer Products, Pharmaceutical), and Geography - Global Forecast to 2032.'
According to this latest publication from Meticulous Research®, the global corrugated packaging market is projected to reach $206.3 billion by 2032, at a CAGR…

Regenerative Agriculture Market - Global Opportunity Analysis and Industry Forec …
As the global agricultural sector faces mounting pressure from climate change, soil degradation, and biodiversity loss, regenerative agriculture is emerging as a transformative solution. Unlike conventional farming, regenerative agriculture goes beyond sustainability-it aims to restore ecosystems, improve soil health, and increase biodiversity while also providing economic resilience to farmers. From multinational agribusinesses to smallholder farms, stakeholders are turning to regenerative practices to future-proof food systems.
According to industry estimates, the global…

Organic Farming Market - Global Opportunity Analysis and Industry Forecast (2025 …
Organic farming is no longer just a trend-it's becoming a critical part of the global food production system. With growing concerns about food safety, environmental degradation, and the health impact of chemical-based agriculture, consumers and producers alike are shifting toward sustainable, organic alternatives. As this movement gains momentum, the organic farming market is poised for significant growth over the coming years.
Market Overview
The global organic farming market was valued at approximately…
More Releases for Food
Food Ultrasound Market Food Ultrasound Market
According to a new report by InsightAce Analytic, the "Food Ultrasound Market" in terms of revenue was estimated to be worth $156.24 Mn in 2023 and is poised to reach $310.45 Mn by 2031, growing at a CAGR of 9.14% from 2024 to 2031.
Request For Free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1551
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Food Ultrasound Market are:
• Food Safety and Quality Assurance.
• Increasing Consumer…
Prepared Food Market To Witness Huge Growth By 2028 | HSL Food, HelloFresh, Syne …
The Latest survey report on Prepared Food Market sheds lights on changing dynamics in Food & Beverages Sector and elaborates market size and growth pattern of each of Prepared Food segments. As the shift to value continues, the producers are tackling challenges to personalized nutrition and match taste profiles. A wide list of manufactuerers were considered in the survey; to include mix bag of leaders and emerging manufacturers for company…
Cookies for Food Services Market Is Booming Worldwide | Finsbury Food Group, Mon …
Cookies for Food Services Market: The extensive research on Cookies for Food Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Cookies for Food Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the…
Global Sports Food Market By Type (Protein Sports Food, Energy Sports Food, Misc …
The Global Sports Food Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Sports Food Market report aims to provide an overview of Sports Food Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Sports Food Market Economy…
Global Packed Food Market 2018 Analysis By Key Players – JBS Food, Kraft Food, …
Summary
WiseGuyReports.com adds “Packed Food Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
This report provides in depth study of “Packed Food Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Packed Food Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Pet Food Market (By Food Type, By Animal Type, By Region, By Country) of Food Ty …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global pet food market on the basis of Food Type (Dry, Wet, Snacks, Mixers); Animal Type (Dog Food, Cat Food, Fish Food, Others), By Region (North America, Europe, APAC, ROW) and By Country (U.S.A, Canada, UK, Germany, Japan, India, China, France).
Global Pet Food…