Key Highlights
- The functional drinks market consists of retail sale of sports drinks and energy drinks. Sports drinks are defined as drinks with performance-enhancing properties, described as 'isotonic', 'hypertonic' or 'hypotonic'. Energy drinks are defined as those with energy-enhancing properties; mainly carbonated and containing stimulants such as caffeine, taurine, guarana, glucuronolactone, yerba mate, along with glucose syrup (corn syrup) and maltodextrin. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
- The Italian Functional Drinks market had total revenues of $661.0 million in 2022, representing a compound annual growth rate (CAGR) of 7.6% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 5.7% between 2017 and 2022, to reach a total of 165.5 million liters in 2022.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 8% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $973.1 million by the end of 2027.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the functional drinks market in Italy
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the functional drinks market in Italy
- Leading company profiles reveal details of key functional drinks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Italy functional drinks market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Italy functional drinks market by value in 2022?
- What will be the size of the Italy functional drinks market in 2027?
- What factors are affecting the strength of competition in the Italy functional drinks market?
- How has the market performed over the last five years?
- Who are the top competitors in Italy's functional drinks market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Suntory Holdings Ltd
- Monster Beverage Corp
- Red Bull GmbH
- The Coca-Cola Co