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Functional Drinks Market Forecasts 7.8 Percentage CAGR Growth by 2030

01-16-2025 03:57 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Functional Drinks Market

Functional Drinks Market

The ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ซ๐ข๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ is poised for robust growth, driven by the increasing demand for health-centric beverages and rising consumer awareness about wellness. Valued at USD 164.39 billion in 2023, the market is expected to grow at a CAGR of 7.8% from 2024 to 2030, reaching nearly USD 278.11 billion by the end of the forecast period. Functional drinks, enriched with vitamins, minerals, probiotics, and other beneficial ingredients, cater to a broad spectrum of health needs, including hydration, energy, digestion, and immunity. The market's growth is further fueled by innovations in flavor profiles, sustainable packaging, and clean-label offerings that appeal to health-conscious consumers globally.

๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ซ๐ข๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The functional drinks market is experiencing remarkable growth, driven by an increasing focus on health and wellness among consumers worldwide. Functional drinks, enriched with ingredients such as vitamins, minerals, probiotics, and antioxidants, cater to diverse health needs, including hydration, energy enhancement, digestion, and immune support. With an estimated market size of USD 164.39 billion in 2023, the sector is expected to grow at a CAGR of 7.8% from 2024 to 2030, reaching USD 278.11 billion. This growth is fueled by rising consumer awareness of clean-label and low-calorie beverages, alongside innovations in flavors, packaging, and sustainability initiatives. Companies are leveraging advanced technologies to introduce functional drinks that align with global trends, positioning the market for continued expansion.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/189755/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ซ๐ข๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The functional drinks market is driven by several factors, including the rising prevalence of lifestyle diseases, increasing fitness awareness, and a growing preference for natural and fortified beverages. Urbanization and busier lifestyles have amplified the demand for ready-to-drink functional beverages that provide health benefits on the go. The shift towards plant-based and organic ingredients has further accelerated market growth, as consumers seek environmentally friendly and sustainable options. Government initiatives promoting healthy eating habits, coupled with stringent regulations on sugar content and artificial additives, are shaping the functional drinks landscape. Additionally, advancements in e-commerce platforms have improved accessibility, enabling consumers to explore a wide range of functional drinks tailored to their needs.

๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ซ๐ข๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Emerging trends in the functional drinks market reflect evolving consumer preferences and technological advancements. One notable trend is the rise of personalized nutrition, where functional beverages are tailored to individual health profiles using AI and biotechnology. Plant-based drinks continue to gain traction, with oat, almond, and soy-based functional beverages becoming mainstream. Sustainability remains a key focus, with companies adopting eco-friendly packaging and sourcing practices to reduce their environmental footprint. Functional drinks targeting specific health benefits, such as gut health, cognitive function, and stress relief, are in high demand. Innovations in delivery formats, such as powdered functional drinks and ready-to-mix formulas, are expanding the market's appeal across various demographics. The increasing use of adaptogens and nootropics in functional beverages highlights the industry's commitment to addressing holistic wellness needs.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/189755/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ซ๐ข๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's functional drinks market is witnessing substantial growth, supported by the increasing adoption of health-focused lifestyles among its population. Domestic brands like VitaDairy and collaborations with international companies are driving innovation in fortified and probiotic beverages. The government's health initiatives promoting low-sugar drinks and healthy alternatives have fueled the demand for functional drinks. Vietnam's growing urban population and improved retail infrastructure further support market expansion.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's functional drinks market benefits from the country's robust beverage industry and its position as a regional food and drink hub. Companies like Osotspa Public Company Limited are leveraging advanced technologies to introduce energy-boosting and wellness-focused beverages. Government policies aimed at reducing sugar consumption and promoting healthy lifestyles are also playing a crucial role in the market's growth. Thailand's focus on food and beverage exports provides additional opportunities for functional drink manufacturers.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan remains a global leader in the functional drinks market, driven by a health-conscious population and advanced technology. Companies such as Yakult Honsha and Kirin Holdings are at the forefront of innovation, launching beverages targeting gut health, immunity, and mental well-being. Japan's aging population has heightened demand for functional drinks addressing anti-aging and vitality, aligning with the country's regulatory support for functional food claims.

๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's functional drinks market is growing rapidly, underpinned by its thriving K-beauty and wellness industries. Companies like Lotte Chilsung Beverage and CJ CheilJedang are investing in collagen-infused and fortified beverages. Recent mergers and acquisitions involving global players have strengthened South Korea's presence in the global market. Government support for research into functional foods and beverages has further boosted innovation and growth.

๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's functional drinks market is evolving, driven by its status as a hub for food innovation and sustainability. Companies such as Fraser and Neave, Limited (F&N) are leveraging cutting-edge technologies to develop functional beverages catering to both local and international markets. Government health promotion campaigns and policies to reduce sugar intake have spurred the adoption of low-sugar functional drinks. Singapore's strategic position as a trade hub also enhances export opportunities.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

The United States dominates the functional drinks market, supported by high demand for energy drinks, sports drinks, and fortified beverages. Major players like PepsiCo, Coca-Cola, and Monster Beverage Corporation are driving innovation with product expansions and sustainable packaging. Consumer preference for plant-based and low-calorie drinks has further bolstered market growth. Strategic partnerships and acquisitions underscore the dynamic nature of the US market, ensuring continued growth.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's functional drinks market is shaped by sustainability and regulatory compliance. Companies like Danone and Nestlรฉ are focusing on clean-label and organic products to meet consumer demands. The increasing popularity of plant-based beverages and functional water is fueling market growth. Europe's stringent environmental regulations have also driven innovations in eco-friendly packaging and energy-efficient production processes.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/inquiry-before-buying/189755/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ซ๐ข๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Type

Energy Drinks
Sports Drinks
Nutraceutical Drinks

by Distribution

Hypermarkets/Supermarkets
Specialty Stores
Online
Others

by End-User

Athletes
Fitness Lifestyle Users
Others

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ซ๐ข๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Red Bull GmbH (Austria)
2. PepsiCo, Inc. (United States)
3. The Coca-Cola Company (United States)
4. Monster Beverage Corporation (United States)
5. Nestlรฉ S.A. (Switzerland)
6. Danone S.A. (France)
7. Rockstar, Inc. (United States)
8. Keurig Dr Pepper Inc. (United States)
9. GlaxoSmithKline plc (United Kingdom)
10. Vital Pharmaceuticals, Inc. (United States)
11. PepsiCo International (United States)
12. Arizona Beverage Company (United States)
13. Lucozade Ribena Suntory Ltd (United Kingdom)
14. TC Pharmaceutical Industries Co., Ltd. (Taiwan)
15. Fraser and Neave, Limited (Singapore)
16. Unilever N.V. (Netherlands)
17. Otsuka Holdings Co., Ltd. (Japan)
18. The Hershey Company (United States)
19. Abbott Laboratories (United States)
20. Suntory Beverage & Food Limited (Japan)
21. Monster Energy Company (United States)
22. Dr Pepper Snapple Group (United States)
23. Glanbia plc (Ireland)
24. The Hain Celestial Group, Inc. (United States)
25. National Beverage Corp. (United States)
26. Vitality Beverages (United States)
27. Celsius Holdings, Inc. (United States)

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/functional-drinks-market/189755/

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆGlobal Saw Blades Market https://www.maximizemarketresearch.com/market-report/global-saw-blades-market/87669/

โ™ฆFragrance diffuser market https://www.maximizemarketresearch.com/market-report/fragrance-diffuser-market/146338/

โ™ฆTelemetry Market https://www.maximizemarketresearch.com/market-report/global-telemetry-market/116794/

โ™ฆWave and Tidal Energy Market https://www.maximizemarketresearch.com/market-report/global-wave-and-tidal-energy-market/21184/

โ™ฆGlobal Assessment Services Market https://www.maximizemarketresearch.com/market-report/global-assessment-services-market/54365/

โ™ฆWind Turbine Market https://www.maximizemarketresearch.com/market-report/global-wind-turbine-market/20756/

โ™ฆMachine Condition Monitoring Market https://www.maximizemarketresearch.com/market-report/machine-condition-monitoring-market/2485/

MAXIMIZE MARKET RESEARCH PVT. LTD.

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Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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