Press release
Functional Beverage Market Review: Size, Share, and Trends Driving US$ 176.37 Bn Growth (2024-2031) | PepsiCo Inc., Red Bull GmbH, The Coca-Cola Company
The latest market intelligence report published by CMI with the title "Global Functional Beverage Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Food and Beverages industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.The Research report on Functional Beverage Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
Key trends
1. Health and Wellness Focus: There is a growing consumer emphasis on health and wellness, driving demand for beverages that offer functional benefits. Products fortified with vitamins, minerals, probiotics, and adaptogens are gaining popularity as consumers seek drinks that support immunity, digestion, and overall well-being.
2. Natural and Clean Label Ingredients: Consumers are increasingly seeking beverages made with natural, organic, and minimally processed ingredients. Clean label products that emphasize transparency in sourcing and formulation are becoming essential for brands aiming to meet consumer expectations.
3. Rise of Plant-Based Beverages: The demand for plant-based functional beverages, such as herbal teas, plant protein drinks, and fruit-infused waters, is on the rise. These products appeal to health-conscious consumers and those following vegan or vegetarian diets.
4. Personalization and Customization: The trend toward personalized nutrition is influencing the functional beverage market. Brands are exploring options for customized formulations that cater to individual health needs and preferences, often facilitated by technology and data analytics.
5. Innovative Packaging Solutions: Brands are adopting innovative packaging that enhances convenience and sustainability. Eco-friendly materials, resealable packaging, and portable formats are becoming popular as consumers prioritize both functionality and environmental responsibility.
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Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):
• By Product Type
Energy Drinks
Sports Drinks
Fortified Juice
Dairy and Dairy Alternative Beverage
Other Types
• By Distribution Channel
Supermarket/Hypermarket
Drug Stores and Pharmacies
Convenience Stores
Online Retail Stores
Other Distribution Channels
• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
Following are the players analyzed in the report:
• PepsiCo Inc.
• Red Bull GmbH
• The Coca-Cola Company
• Danone SA
• Monster Beverage Corporation
• JAB Holdings Company
• General Nutrition Centers Inc.
• The Hain Celestial Group Inc.
• Fonterra Co-operative Group
• Amway Corporation
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Deep-dive Analysis:
The Report provides deep-dive qualitative and quantitative analysis on Functional Beverage Market for all the regions and countries covered below:
• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Functional Beverage Market on each country.
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Functional Beverage market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Functional Beverage market?
4. What are the prominent market trends influencing the development of the Functional Beverage market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Functional Beverage market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
Key insights provided by the report that could help you take critical strategic decisions?
• Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
• Reports provide opportunities and threats faced by suppliers in the Functional Beverage and tubes industry around the world.
• The report shows regions and sectors with the fastest growth potential.
• A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
• The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
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Author of this marketing PR:
Priya Pandey is a dynamic and passionate PR writer with over three years of expertise in content writing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes writing contents and documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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