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Functional Beverages Global Market Opportunities and Strategies to 2033

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    Report

  • 318 Pages
  • July 2024
  • Region: Global
  • The Business Research Company
  • ID: 5740764
This report describes and explains the functional beverages market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global functional beverages market reached a value of nearly $154.44 billion in 2023, having grown at a compound annual growth rate (CAGR) of 5.5% since 2018. The market is expected to grow from $154.44 billion in 2023 to $204.74 billion in 2028 at a rate of 5.8%. The market is then expected to grow at a CAGR of 6.3% from 2028 and reach $277.89 billion in 2033.

Growth in the historic period resulted from the growing number of health-conscious consumers, strong economic growth in emerging markets, increased investments, increase in the number of athletes and increasing preference for ready-to-consume juices. Factors that negatively affected growth in the historic period include tax increases and risks associated with energy drink consumption.

Going forward, the rising demand for natural ingredients, increasing number of elderly individuals, rising disposable incomes per capita and surge in e-commerce and retail sales will drive the market. Factors that could hinder the growth of the functional beverages market in the future include stringent regulations.

The functional beverages market is segmented by type into energy drinks, sports drinks, nutraceutical drinks, dairy-based beverages, juices, enhanced water and other types. The energy drinks market was the largest segment of the functional beverages market segmented by type, accounting for 26% or $40.11 billion of the total in 2023. Going forward, the energy drinks segment is expected to be the fastest growing segment in the functional beverages market segmented by type, at a CAGR of 7.3% during 2023-2028.

The functional beverages market is segmented by function into health and wellness and weight management. The health and wellness market was the largest segment of the functional beverages market segmented by function, accounting for 80.8% or $124.82 billion of the total in 2023. Going forward, the health and wellness segment is expected to be the fastest growing segment in the functional beverages market segmented by function, at a CAGR of 5.8% during 2023-2028.

The functional beverages market is segmented by distribution channel into brick and mortar, specialty foodservice stores and online. The brick and mortar market was the largest segment of the functional beverages market segmented by distribution channel, accounting for 64.7% or $99.98 billion of the total in 2023. Going forward, the online segment is expected to be the fastest growing segment in the functional beverages market segmented by distribution channel, at a CAGR of 6.1% during 2023-2028.

Asia-Pacific was the largest region in the functional beverages market, accounting for 41.1% or $63.54 billion of the total in 2023. It was followed by Western Europe, North America and then the other regions. Going forward, the fastest-growing regions in the functional beverages market will be Asia-Pacific and the Middle East, where growth will be at CAGRs of 8% and 6.4% respectively. These will be followed by Western Europe and Africa, where the markets are expected to grow at CAGRs of 5.2% and 4.9% respectively.

The global functional beverages market is concentrated, with large players operating in the market. The top ten competitors in the market made up 44.4% of the total market in 2023. PepsiCo was the largest competitor with a 6.5% share of the market, followed by The Coca-Cola Company with 5.6%, Danone S.A. with 5.4%, Red Bull GmbH with 5.1%, Monster Energy Company with 4.5%, Nestle S.A. with 4%, Suntory Holdings Limited with 3.8%, Fonterra Co-operative Group Limited with 3.2%, Campbell Soup Company with 3.2% and Abbott with 3.2%.

The top opportunities in the functional beverages market segmented by type will arise in the energy drinks segment, which will gain $16.98 billion of global annual sales by 2028. The top opportunities in the functional beverages market segmented by function will arise in the health and wellness segment, which will gain $40.87 billion of global annual sales by 2028. The top opportunities in the functional beverages market segmented by distribution channel will arise in the brick and mortar segment, which will gain $31.81 billion of global annual sales by 2028. The functional beverages market size will gain the most in China at $14.74 billion.

Market-trend-based strategies for the functional beverages market include focus on emerging trends in relaxation beverages, focusing on developing protein-based functional drinks, focus on AI-driven functional drinks, advancements in vegan and plant-based functional beverage development, emergence of healthy hydration drinks for health benefits, launch of nootropic drinks to boost brain health and focus and strategic partnerships and collaborations among market players.

Player-adopted strategies in the functional beverages market include focus on improving portfolio through product launches to expand in the sparkling water category, AI-driven functional drinks that use artificial intelligence (AI) algorithms to develop unique and innovative recipes for functional beverages and investment in new plants to expand product portfolio.

To take advantage of the opportunities, the analyst recommends the functional beverages companies to focus on expanding product lines with functional benefits, focus on protein-based functional drinks, focus on leveraging AI for innovative functional beverages, focus on plant-based functional beverages, focus on developing healthy hydration beverages, focus on developing nootropic beverages, focus on the enhanced water segment, focus on strategic partnerships, focus on expanding distribution channels, focus on competitive pricing strategies, focus on digital marketing channels, utilize sampling and event marketing and focus on targeting health and wellness companies.

Table of Contents

1 Executive Summary
1.1 Functional Beverages - Market Attractiveness and Macro economic Landscape
2 Table of Contents3 List of Tables4 List of Figures5 Report Structure
6 Market Characteristics
6.1 General Market Definition
6.2 Summary
6.3 Functional Beverages Market Definition and Segmentations
6.4 Market Segmentation by Type
6.4.1 Energy Drinks
6.4.2 Sports Drinks
6.4.3 Nutraceutical Drinks
6.4.4 Dairy-Based Beverages
6.4.5 Juices
6.4.6 Enhanced Water
6.4.7 Other Types
6.5 Market Segmentation by Function
6.5.1 Health and Wellness
6.5.2 Weight Management
6.6 Market Segmentation by Distribution Channel
6.6.1 Brick and Mortar
6.6.2 Specialty Foodservice Stores
6.6.3 Online
7 Major Market Trends
7.1 Emerging Trends in Relaxation Beverages
7.2 Focusing on Developing Protein-Based Functional Drinks
7.3 Focus on AI-Driven Functional Drinks
7.4 Advancements in Vegan and Plant-Based Functional Beverage Development
7.5 Emergence of Healthy Hydration Drinks for Health Benefits
7.6 Launch of Nootropic Drinks to Boost Brain Health and Focus
7.7 Strategic Partnerships and Collaborations Among Market Players
8 Functional Beverages Market - Macro-Economic Scenario
8.1 COVID-19 Impact on the Functional Beverages Market
8.2 Impact of the War in Ukraine on the Functional Beverages Market
8.3 Impact of High Inflation on the Functional Beverages Market
9 Global Market Size and Growth
9.1 Market Size
9.2 Historic Market Growth, 2018 - 2023, Value ($ Million)
9.2.1 Market Drivers 2018 - 2023
9.2.2 Market Restraints 2018 - 2023
9.3 Forecast Market Growth, 2023 - 2028, 2033F Value ($ Million)
9.3.1 Market Drivers 2023 - 2028
9.3.2 Market Restraints 2023 - 2028
10 Global Functional Beverages Market Segmentation
10.1 Global Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
10.2 Global Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
10.3 Global Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
11 Functional Beverages Market, Regional and Country Analysis
11.1 Global Functional Beverages Market, by Region, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
11.2 Global Functional Beverages Market, by Country, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12 Asia-Pacific Market
12.1 Summary
12.1.1 Market Overview
12.1.2 Region Information
12.1.3 Market Information
12.1.4 Background Information
12.1.5 Government Initiatives
12.1.6 Regulations
12.1.7 Regulatory Bodies
12.1.8 Major Associations
12.1.9 Taxes Levied
12.1.10 Corporate Tax Structure
12.1.11 Investments
12.1.12 Major Companies
12.2 Asia-Pacific Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.3 Asia-Pacific Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.4 Asia-Pacific Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.5 Asia-Pacific Functional Beverages Market: Country Analysis
12.6 China Market
12.7 Summary
12.7.1 Market Overview
12.7.2 Country Information
12.7.3 Market Information
12.7.4 Background Information
12.7.5 Government Initiatives
12.7.6 Regulations
12.7.7 Regulatory Bodies
12.7.8 Major Associations
12.7.9 Taxes Levied
12.7.10 Corporate Tax Structure
12.7.11 Investments
12.7.12 Major Companies
12.8 China Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.9 China Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.10 China Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.11 India Market
12.12 India Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.13 India Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.14 India Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.15 Japan Market
12.16 Japan Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.17 Japan Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.18 Japan Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.19 Australia Market
12.20 Australia Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.21 Australia Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.22 Australia Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.23 Indonesia Market
12.24 Indonesia Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.25 Indonesia Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.26 Indonesia Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.27 South Korea Market
12.28 South Korea Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.29 South Korea Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.30 South Korea Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13 Western Europe Market
13.1 Summary
13.1.1 Market Overview
13.1.2 Region Information
13.1.3 Market Information
13.1.4 Background Information
13.1.5 Government Initiatives
13.1.6 Regulations
13.1.7 Regulatory Bodies
13.1.8 Major Associations
13.1.9 Taxes Levied
13.1.10 Corporate Tax Structure
13.1.11 Investments
13.1.12 Major Companies
13.2 Western Europe Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.3 Western Europe Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.4 Western Europe Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.5 Western Europe Functional Beverages Market: Country Analysis
13.6 UK Market
13.7 UK Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.8 UK Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.9 UK Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.10 Germany Market
13.11 Germany Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.12 Germany Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.13 Germany Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.14 France Market
13.15 France Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.16 France Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.17 France Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.18 Italy Market
13.19 Italy Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.20 Italy Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.21 Italy Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.22 Spain Market
13.23 Spain Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.24 Spain Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.25 Spain Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14 Eastern Europe Market
14.1 Summary
14.1.1 Market Overview
14.1.2 Region Information
14.1.3 Market Information
14.1.4 Background Information
14.1.5 Government Initiatives
14.1.6 Regulations
14.1.7 Regulatory Bodies
14.1.8 Major Associations
14.1.9 Taxes Levied
14.1.10 Corporate Tax Structure
14.1.11 Investments
14.1.12 Major Companies
14.2 Eastern Europe Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14.3 Eastern Europe Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14.4 Eastern Europe Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14.5 Eastern Europe Functional Beverages Market: Country Analysis
14.6 Russia Market
14.7 Russia Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14.8 Russia Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14.9 Russia Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15 North America Market
15.1 Summary
15.1.1 Market Overview
15.1.2 Region Information
15.1.3 Market Information
15.1.4 Background Information
15.1.5 Government Initiatives
15.1.6 Regulations
15.1.7 Regulatory Bodies
15.1.8 Major Associations
15.1.9 Taxes Levied
15.1.10 Corporate Tax Structure
15.1.11 Investments
15.1.12 Major Companies
15.2 North America Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.3 North America Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.4 North America Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.5 North America Functional Beverages Market: Country Analysis
15.6 USA Market
15.7 Summary
15.7.1 Market Overview
15.7.2 Country Information
15.7.3 Market Information
15.7.4 Background Information
15.7.5 Government Initiatives
15.7.6 Regulations
15.7.7 Regulatory Bodies
15.7.8 Major Associations
15.7.9 Taxes Levied
15.7.10 Corporate Tax Structure
15.7.11 Investments
15.7.12 Major Companies
15.8 USA Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.9 USA Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.10 USA Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.11 Canada Market
15.12 Canada Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.13 Canada Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.14 Canada Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16 South America Market
16.1 Summary
16.1.1 Market Overview
16.1.2 Region Information
16.1.3 Market Information
16.1.4 Background Information
16.1.5 Government Initiatives
16.1.6 Regulations
16.1.7 Regulatory Bodies
16.1.8 Major Associations
16.1.9 Taxes Levied
16.1.10 Corporate Tax Structure
16.1.11 Investments
16.1.12 Major Companies
16.2 South America Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16.3 South America Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16.4 South America Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16.5 South America Functional Beverages Market: Country Analysis
16.6 Brazil Market
16.7 Brazil Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16.8 Brazil Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16.9 Brazil Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
17 Middle East Market
17.1 Summary
17.1.1 Market Overview
17.1.2 Region Information
17.1.3 Market Information
17.1.4 Background Information
17.1.5 Government Initiatives
17.1.6 Regulations
17.1.7 Regulatory Bodies
17.1.8 Taxes Levied
17.1.9 Corporate Tax Structure
17.1.10 Major Associations
17.1.11 Investments
17.1.12 Major Companies
17.2 Middle East Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
17.3 Middle East Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
17.4 Middle East Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
18 Africa Market
18.1 Summary
18.1.1 Market Overview
18.1.2 Region Information
18.1.3 Market Information
18.1.4 Background Information
18.1.5 Government Initiatives
18.1.6 Regulations
18.1.7 Regulatory Bodies
18.1.8 Major Associations
18.1.9 Taxes Levied
18.1.10 Corporate Tax Structure
18.1.11 Investments
18.1.12 Major Companies
18.2 Africa Functional Beverages Market, Segmentation by Type, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
18.3 Africa Functional Beverages Market, Segmentation by Function, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
18.4 Africa Functional Beverages Market, Segmentation by Distribution Channel, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
19 Competitive Landscape and Company Profiles
19.1 Company Profiles
19.2 PepsiCo
19.2.1 Company Overview
19.2.2 Products and Services
19.2.3 Business Strategy
19.2.4 Financial Overview
19.3 the Coca-Cola Company
19.3.1 Company Overview
19.3.2 Products and Services
19.3.3 Business Strategy
19.3.4 Financial Overview
19.4 Danone S.a.
19.4.1 Company Overview
19.4.2 Products and Services
19.4.3 Business Strategy
19.4.4 Financial Overview
19.5 Red Bull GmbH
19.5.1 Company Overview
19.5.2 Products and Services
19.5.3 Business Strategy
19.5.4 Financial Overview
19.6 Monster Energy Company
19.6.1 Company Overview
19.6.2 Products and Services
19.6.3 Business Strategy
19.6.4 Financial Overview
20 Other Major and Innovative Companies
20.1 Nestle S.a.
20.1.1 Company Overview
20.1.2 Products and Services
20.2 Suntory Holdings Limited
20.2.1 Company Overview
20.2.2 Products and Services
20.3 Fonterra Co-operative Group Limited
20.3.1 Company Overview
20.3.2 Products and Services
20.4 Campbell Soup Company
20.4.1 Company Overview
20.4.2 Products and Services
20.5 Abbott
20.5.1 Company Overview
20.5.2 Products and Services
20.6 Dr Pepper Snapple Group
20.6.1 Company Overview
20.6.2 Products and Services
20.7 the Kraft Heinz Company
20.7.1 Company Overview
20.7.2 Products and Services
20.8 Glanbia Plc.
20.8.1 Company Overview
20.8.2 Products and Services
20.9 Britvic plc
20.9.1 Company Overview
20.9.2 Products and Services
20.10 Universal Nutrition
20.10.1 Company Overview
20.10.2 Products and Services
20.11 Oatly Group AB
20.11.1 Company Overview
20.11.2 Products and Services
20.12 Clif Bar & Company
20.12.1 Company Overview
20.12.2 Products and Services
20.13 National Beverage Corp.
20.13.1 Company Overview
20.13.2 Products and Services
20.14 Otsuka Pharmaceutical Co. Ltd.
20.14.1 Company Overview
20.14.2 Products and Services
20.15 the Hain Celestial Group
20.15.1 Company Overview
20.15.2 Products and Services
21 Competitive Benchmarking22 Competitive Dashboard
23 Key Mergers and Acquisitions
23.1 SYSTM Foods Acquired Humm Kombucha
23.2 Varun Beverages Limited Acquired the Beverage Company
23.3 Emami Acquired Axiom Ayurveda Pvt
23.4 Tilray Brands, Inc Acquired Truss Beverage Co
23.5 a.G. Barr Acquired Boost
23.6 American Beverage Corp Acquired Poppilu
23.7 Refresco Acquired Tru Blu Beverages
23.8 Industrias San Miguel Acquired Seven Soft Drink Brands From Socosani
23.9 Mighty Craft Acquired Adelaide Hills Group
23.10 Nestlé Acquired Nuun
23.11 Nestlé Acquired Essentia Water
23.12 PepsiCo Acquired Rockstar Energy
23.13 Kona Gold Solutions Acquired Flo Beverages
24 Opportunities and Strategies
24.1 Global Functional Beverages Market in 2028 - Countries Offering Most New Opportunities
24.2 Global Functional Beverages Market in 2028 - Segments Offering Most New Opportunities
24.3 Global Functional Beverages Market in 2028 - Growth Strategies
24.3.1 Market Trend Based Strategies
24.3.2 Competitor Strategies
25 Functional Beverages Market, Conclusions and Recommendations
25.1 Conclusions
25.2 Recommendations
25.2.1 Product
25.2.2 Place
25.2.3 Price
25.2.4 Promotion
25.2.5 People
26 Appendix
26.1 Geographies Covered
26.2 Market Data Sources
26.3 Research Methodology
26.4 Currencies
26.5 About the Analyst
26.6 Copyright and Disclaimer

Executive Summary

Functional Beverages Global Market Opportunities and Strategies to 2033 provides the strategists; marketers and senior management with the critical information they need to assess the global functional beverages market as it emerges from the COVID-19 shut down.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
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  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.

Description

Where is the largest and fastest-growing market for functional beverages? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The functional beverages market global report answers all these questions and many more.

The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider functional beverages market; and compares it with other markets.

The report covers the following chapters:

  • Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by function and by distribution channel.
  • Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
  • Macro-Economic Scenario - The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the functional beverages market.
  • Global Market Size and Growth - Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional and Country Analysis - Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
  • Market Segmentation - Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by type, by function and by distribution channel in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
  • Regional Market Size and Growth - Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
  • Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
  • Other Major and Innovative Companies Details on the company profiles of other major and innovative companies in the market.
  • Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
  • Competitive Dashboard - Briefs on competitive dashboard of major players.
  • Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
  • Market Opportunities and Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
  • Conclusions and Recommendations - This section includes recommendations for functional beverages providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
  • Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Markets Covered:

1) by Type: Energy Drinks; Sports Drinks; Nutraceutical Drinks; Dairy-Based Beverages; Juices; Enhanced Water; Other Types
2) by Function: Health and Wellness; Weight Management
3) by Distribution Channel: Brick and Mortar; Specialty Foodservice Stores; Online

Key Companies Mentioned: PepsiCo; the Coca-Cola Company; Danone S.a.; Red Bull GmbH; Monster Energy Company

Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia.

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; functional beverages indicators comparison.

Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

  • PepsiCo
  • The Coca-Cola Company
  • Danone S.A
  • Red Bull GmbH
  • Monster Energy Company.
  • Nestle S.A.
  • Suntory Holdings Limited
  • Fonterra Co-operative Group Limited
  • Campbell Soup Company
  • Abbott
  • Dali Foods Group Co., Ltd.
  • Hangzhou Wahaha Group Co., Ltd.
  • Red Bull
  • Shenzhen Eastroc Beverage Industrial Co., Ltd.
  • Nestle India Ltd
  • Nongfu Spring
  • China Haisheng Juice Holdings Co., Ltd.
  • Beijing Huiyuan Food and Beverage Co., Ltd.
  • Meiji
  • Italian Beverage Company
  • Britvic
  • GoodMills Group GmbH
  • European Drinks S.A.
  • Sokolow
  • Zaklady Tluszczowe Kruszwica
  • Penam
  • Vitana
  • Metarom Group
  • Košík
  • Dr. Pepper Snapple Group
  • The Cloud 9 Energy Drink
  • Mondelez International
  • The Hain Celestial Group
  • SYSTM Foods
  • Humm Kombucha
  • Essentia Water
  • Unilever
  • Arcor
  • Starbucks
  • Agrosuper
  • JBS
  • Beliv LLC
  • Highbrew Coffee Co
  • Ambev
  • Almarai Company
  • Arab Company for Livestock Development (ACOLID)
  • Nestle Middle East
  • Al-Watania Company
  • Nestlé Africa
  • Herbalife Nutrition SA
  • Viju Industries Nigeria Ltd

Methodology

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Table Information