Functional Beverages Market Opportunities And Strategies To 2032

Functional Beverages Market 2023 – By Type (Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-Based Beverages, Juices, Enhanced Water, Other Types), By Function (Health And Wellness, Weight Management), By Distribution Channel (Brick And Mortar, Specialty Foodservice Stores, Online), And By Region, Opportunities And Strategies – Global Forecast To 2032

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Functional Beverages Global Market Opportunities And Strategies To 2032

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Functional Beverages Market Definition

A functional beverage is a type of non-alcoholic beverage with an additional benefit through its formulation, often in the form of a health aid or performance-enhancer product. Functional beverages contain non-traditional ingredients such as minerals, vitamins, probiotics, dietary fibers and added fruits. The companies in the functional beverages industry process raw materials into drinks, then package and distribute them through various distribution channels to both individual customers and commercial establishments.

The functional beverages market consists of sales of functional beverages by entities (organizations, sole traders and partnerships) that produce functional beverages.

Functional Beverages Market Size

The functional beverages market reached a value of nearly $147,472.5 million in 2022, having grown at a compound annual growth rate (CAGR) of 6.2% since 2017. The market is expected to grow from $147,472.5 million in 2022 to $208,698.6 million in 2027 at a rate of 7.2%. The market is then expected to grow at a CAGR of 5.8% from 2027 and reach $276,086.4 million in 2032.    

Growth in the historic period resulted from strong economic growth in emerging markets, increased investments, increase in number of athletes, increase in clean-label, organic and non-GMO (genetically modified organism) products and increased penetration of organized retail. Factors that negatively affected growth in the historic period were legal actions against misinformation and false advertising, tax increases, complexity of acceptance and purchase intentions of consumers.

Going forward, growing number of health-conscious consumers, growing demand for immunity boosting foods and beverages and increasing population will drive the growth. Factors that could hinder the growth of the functional beverages market in the future include risks associated with energy drink consumption and Russia-Ukraine war impact.

Functional Beverages Market Drivers

The key drivers of the functional beverages market include:

Growing Number Of Health-Conscious Consumers

The increase in the awareness of fitness among people and the growing number of health-conscious consumers are expected to drive the market for functional beverages during the forecast period. Consumers are moving towards maintaining good health through various diets, including keto and vegan, and fitness training, including gym workouts. This shift is mainly attributed to the rise in sedentary jobs and busy lifestyles which are the major causes of diseases such as high blood pressure and diabetes. For instance, in August 2022, according to research by Koninklijke DSM N.V, a Netherlands-based company focused on health and nutrition, worldwide, 60% of consumers stated that the COVID-19 pandemic made them more conscious of preventing health problems by leading a healthy lifestyle.  Therefore, the increasing number of health-conscious consumers will drive the functional beverages market.

Functional Beverages Market Restraints

The key restraints on the functional beverages market include:

Risks Associated With Energy Drink Consumption

The various risks associated with energy drink consumption are expected to restrain the growth of the functional beverages market during the forecast period. Some of the risks of energy drink consumption include anxiety, dehydration, heart complications and insomnia.  For example, in November 2022, according to Nutra Ingredients, a UK-based daily news on nutritional supplements, energy drinks, sport nutrition and vitamins, a new study indicated that highly frequent energy drink consumption among Korean teenagers was associated with mental health problems, particularly when consumed in combination with junk food. Findings suggested that energy drink intake has detrimental effects related to sleep, stress, mood, dissatisfaction and suicidality.

Functional Beverages Market Trends

Major trends influencing the functional beverages market include:

Relaxation Drinks

Companies are increasingly focusing on relaxation drinks as they gain popularity in the functional beverages market. Relaxation drinks are a mixture of herbs, such as chamomile, amino acids like melatonin, botanicals and vitamins that have been traditionally used as calming agents separately. For example, in October 2021, OHMG, a UK-based drinks brand, unveiled a range of magnesium-enriched drinks that aim to reduce anxiety and aid relaxation. The beverages are made with pure water infused with a bioavailable magnesium and functional botanicals that help reduce anxiety, tiredness and fatigue.  In September 2020, PepsiCo, a USA-based food, snack and beverage corporation, launched Driftwell, a functional water product aimed at combating stress and inducing relaxation. The drink contained an amino acid found in tea and some herbal mushrooms, 200 grams of L-theanine and 10% of the recommended daily value of magnesium.  

Cannabidiol (CBD)-Infused Functional Drinks

Functional drink manufacturers are developing CBD-infused functional drinks to cater to the growing demand. CBD (or cannabidiol) provides many health benefits such as reduced anxiety, reduced inflammation, enhanced mood and improved pain management. Since the legalization of recreational cannabis in some countries, consumers - especially in the USA and Canada - are increasingly accepting and demanding cannabis-¬based products. CBD energy drinks usually contain vitamins and minerals which make them attractive to functional beverage drinkers. For example, in November 2019, Endo Sport, a UK-based specializing in the supply of surgical devices for sports medicine, launched the UK’s first CBD-infused sports drink that can reduce post-exercise muscle soreness and aid recovery. The product contains ten milligrams of CBD per 500 milliliter bottle and offers anti-inflammatory properties for pain management.  Further, in July 2019, Good Day, a US-based beverage brand, launched its line of premium CBD-infused beverages, including a cold brew coffee, citrus sparkling water and chamomile herbal tea.

Opportunities And Recommendations In The Functional Beverages Market

Opportunities –The top opportunities in the functional beverages market segmented by type will arise in the energy drinks segment, which will gain $19,553.1 million of global annual sales by 2027. The top opportunities in the functional beverages market segmented by function will arise in the health and wellness segment, which will gain $49,705.6 million of global annual sales by 2027. The top opportunities in the functional beverages market segmented by distribution channel will arise in the brick-and-mortar segment, which will gain $38,946.9 million of global annual sales by 2027. The functional beverages market size will gain the most in China at $15,801.2 million.

Recommendations-To take advantage of the opportunities, The Business Research Company recommends the functional beverages companies to focus on protein-based functional beverages, offer vegan/plant-based functional beverages, focus on introduction of nootropic drinks, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, focus on premium pricing, participate in trade shows and events, target millennials, increase focus on online consumers and target working population.

Functional Beverages Market Segmentation

The functional beverages market is segmented by type, by function, and by distribution channel.
By Type –
The functional beverages market is segmented by type into
    • a) Energy Drinks
    • b) Sports Drinks
    • c) Nutraceutical Drinks
    • d) Dairy-Based Beverages
    • e) Juices
    • f) Enhanced Water
    • g) Other Types
The energy drinks market was the largest segment of the functional beverages market segmented by type, accounting for 25.8% of the total in 2022. 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 8.6% during 2022-2027.
By Function–
The functional beverages market is segmented by function into
    • a) Health And Wellness
    • b) Weight Management
The health and wellness market was the largest segment of the functional beverages market segmented by function, accounting for 80.8% of the total in 2022. 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 7.2% during 2022-2027.
By Distribution Channel –
The functional beverages market is segmented by distribution channel into
    • a) Brick And Mortar
    • b) Specialty Foodservice Stores
    • c) Online
The brick and mortar market was the largest segment of the functional beverages market segmented by distribution channel, accounting for 64.7% of the total in 2022. 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 7.5% during 2022-2027.
By Geography - The functional beverages market is segmented by geography into
      o Asia Pacific
      • • China
      • • India
      • • Japan
      • • Australia
      • • Indonesia
      • • South Korea
      o North America
      • • USA
      o South America
      • • Brazil
      o Western Europe
      • • France
      • • Germany
      • • UK
      o Eastern Europe
      • • Russia
      o Middle East
      o Africa
Asia Pacific was the largest region in the functional beverages market, accounting for 38.0% of the total in 2022. 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 Middle East where growth will be at CAGRs of 9.6% and 7.7% respectively. These will be followed by Western Europe and Africa where the markets are expected to grow at CAGRs of 6.6% and 6.4% respectively

Functional Beverages Market Competitive Landscape

Major Competitors are:

  • PepsiCo Inc.
  • The Coca-Cola Company
  • Red Bull GmbH
  • Danone
  • Nestle S.A

    • Other Competitors Include:

  • Monster Beverage Corporation
  • Dr. Pepper Snapple Group
  • Fonterra Co-Operative Group Ltd
  • Kraft Heinz Company
  • Abbott
  • Dali Foods Group Co., Ltd.
  • Hangzhou Wahaha Group Co., Ltd.
  • Red Bull
  • Shenzhen Eastroc Beverage Industrial Co., Ltd.
  • Nongfu Spring
  • China Haisheng Juice Holdings Co., Ltd.
  • Beijing Huiyuan Food and Beverage Co., Ltd
  • Britvic
  • GoodMills Group GmbH
  • European Drinks S.A
  • Sokolow
  • Zaklady Tluszczowe Kruszwica
  • Penam
  • Metarom Group
  • Košík,
  • Vitana
  • Cloud 9 Energy Drink
  • Mondelez International
  • the Hain Celestial Group
  • Campbell Soup Company
  • Red Bull and Rockstar Inc.
  • Unilever
  • Arcor
  • Starbucks
  • Agrosuper
  • JBS
  • Ambev
  • Almarai Company
  • Arab Company for Livestock Development (ACOLID)
  • Al-Watania Company
  • Herbalife Nutrition SA
  • Viju Industries Nigeria Ltd

      • Table Of Contents

      1. Executive Summary

      2. Table Of Contents

      3. List Of Figures

      4. List Of Tables

      5. Report Structure

      6. Introduction and 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. Relaxation Drinks

      7.2. Cannabidiol (CBD) -Infused Functional Drinks

      7.3. Protein-Based Functional Beverages

      7.4. Vegan/Plant-Based Functional Beverages

      7.5. Healthy Hydration Drinks

      7.6. Introduction Of Nootropic Drinks

      7.7. Low-Calorie, Sugar-Free Drinks

      7.8. Partnerships And Collaborations

      8. Global Market Size and Growth

      8.1. Market Size

      8.2. Historic Market Growth, 2017 – 2022, Value ($ Million)

      8.2.1. Market Drivers 2017 – 2022

      8.2.2. Market Restraints 2017 – 2022

      8.3. Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      8.3.1. Market Drivers 2022 – 2027

      8.3.2. Market Restraints 2022 – 2027

      9. Global Functional Beverages Market Segmentation

      9.1. Global Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      9.2. Global Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      9.3. Global Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      10. Functional Beverages Market, Regional and Country Analysis

      10.1. Global Functional Beverages Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      10.2. Global Functional Beverages Market, By Country, Historic and Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11. Asia-Pacific Market

      11.1.  Summary

      11.2. Market Overviews

      11.2.1. Region Information

      11.2.2. Market Information

      11.2.3. Background Information

      11.2.4. Government Initiatives

      11.2.5. Regulations

      11.2.6. Regulatory Bodies

      11.2.7. Major Associations

      11.2.8. Taxes levied

      11.2.9. Corporate Tax Structure

      11.2.10. Investments

      11.2.11. Major Companies

      11.3. Asia-Pacific Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.4. Asia-Pacific Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.5. Asia-Pacific Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.6. Asia-Pacific Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.7. Asia-Pacific Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.8. Asia-Pacific Functional Beverages Market: Country Analysis

      11.9. China Market

      11.10. Summary

      11.11. Market Overview

      11.11.1. Country Information

      11.11.2. Market Information

      11.11.3. Background Information

      11.11.4. Government Initiatives

      11.11.5. Regulations

      11.11.6. Regulatory Bodies

      11.11.7. Major Associations

      11.11.8. Taxes Levied

      11.11.9. Corporate Tax Structure

      11.11.10. Investments

      11.11.11. Major Companies

      11.12. China Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.13. China Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.14. China Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.15. China Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.16. China Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.17. India Market

      11.18. India Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.19. India Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.20. India Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.21. India Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.22. India Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.23. Japan Market

      11.24. Japan Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.25. Japan Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.26. Japan Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.27. Japan Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.28. Japan Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.29. Australia Market

      11.30. Australia Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.31. Australia Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.32. Australia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.33. Australia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.34. Australia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.35. Indonesia Market

      11.36. Indonesia Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.37. Indonesia Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.38. Indonesia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.39. Indonesia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.40. Indonesia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.41. South Korea Market

      11.42. South Korea Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.43. South Korea Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.44. South Korea Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.45. South Korea Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.46. South Korea Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12. Western Europe Market

      12.1. Summary

      12.2. Market Overview

      12.2.1. Region Information

      12.2.2. Market Information

      12.2.3. Background Information

      12.2.4. Government Initiatives

      12.2.5. Regulations

      12.2.6. Regulatory Bodies

      12.2.7. Major Associations

      12.2.8. Taxes levied

      12.2.9. Corporate tax structure

      12.2.10. Investments

      12.2.11. Major Companies

      12.3. Western Europe Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      12.4. Western Europe Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      12.5. Western Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.6. Western Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.7. Western Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.8. Western Europe Functional Beverages Market: Country Analysis

      12.9. UK Market

      12.10. UK Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      12.11. UK Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      12.12. UK Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.13. UK Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.14. UK Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.15. Germany Market

      12.16. Germany Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      12.17. Germany Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      12.18. Germany Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.19. Germany Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.20. Germany Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.21. France Market

      12.22. France Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      12.23. France Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      12.24. France Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.25. France Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.26. France Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13. Eastern Europe Market

      13.1. Summary

      13.2. Market Overview

      13.2.1. Region Information

      13.2.2. Market Information

      13.2.3. Background Information

      13.2.4. Government Initiatives

      13.2.5. Regulations

      13.2.6. Regulatory Bodies

      13.2.7. Major Associations

      13.2.8. Taxes Levied

      13.2.9. Corporate Tax Structure

      13.2.10. Investments

      13.2.11. Major Companies

      13.3. Eastern Europe Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      13.4. Eastern Europe Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      13.5. Eastern Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13.6. Eastern Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13.7. Eastern Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13.8. Eastern Europe Functional Beverages Market: Country Analysis

      13.9. Russia Market

      13.10. Russia Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      13.11. Russia Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      13.12. Russia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13.13. Russia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13.14. Russia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14. North America Market

      14.1. Summary

      14.2. Market Overview

      14.2.1. Region Information

      14.2.2. Market Information

      14.2.3. Background Information

      14.2.4. Government Initiatives

      14.2.5. Regulations

      14.2.6. Regulatory Bodies

      14.2.7. Major Associations

      14.2.8. Taxes levied

      14.2.9. Corporate Tax Structure

      14.2.10. Investments

      14.2.11. Major Companies

      14.3. North America Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      14.4. North America Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      14.5. North America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.6. North America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.7. North America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.8. North America Functional Beverages Market: Country Analysis

      14.9. USA Market

      14.10. Summary

      14.11. Market Overview

      14.11.1. Country Information

      14.11.2. Market Information

      14.11.3. Background Information

      14.11.4. Government Initiatives

      14.11.5. Regulations

      14.11.6. Regulatory Bodies

      14.11.7. Major Associations

      14.11.8. Taxes levied

      14.11.9. Corporate Tax Structure

      14.11.10. Investments

      14.11.11. Major Companies

      14.12. USA Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      14.13. USA Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      14.14. USA Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.15. USA Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.16. USA Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15. South America Market

      15.1. Summary

      15.2. Market Overview

      15.2.1. Region Information

      15.2.2. Market Information

      15.2.3. Background Information

      15.2.4. Government Initiatives

      15.2.5. Regulations

      15.2.6. Regulatory Bodies

      15.2.7. Major Associations

      15.2.8. Taxes levied

      15.2.9. Corporate Tax Structure

      15.2.10. Investments

      15.2.11. Major Companies

      15.3. South America Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      15.4. South America Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      15.5. South America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.6. South America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.7. South America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.8. South America Functional Beverages Market: Country Analysis

      15.9. Brazil Market

      15.10. Brazil Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      15.11. Brazil Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      15.12. Brazil Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.13. Brazil Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.14. Brazil Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      16. Middle East Market

      16.1. Summary

      16.2. Market Overview

      16.2.1. Region Information

      16.2.2. Market Information

      16.2.3. Background Information

      16.2.4. Government Initiatives

      16.2.5. Regulations

      16.2.6. Regulatory Bodies

      16.2.7. Major Associations

      16.2.8. Taxes Levied

      16.2.9. Corporate Tax Structure

      16.2.10. Investments

      16.2.11. Major Companies

      16.3. Middle East Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      16.4. Middle East Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      16.5. Middle East Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      16.6. Middle East Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      16.7. Middle East Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      17. Africa Market

      17.1. Summary

      17.2. Market Overview

      17.2.1. Region Information

      17.2.2. Market Information

      17.2.3. Background Information

      17.2.4. Government Initiatives

      17.2.5. Regulations

      17.2.6. Regulatory Bodies

      17.2.7. Major Associations

      17.2.8. Taxes Levied

      17.2.9. Corporate Tax Structure

      17.2.10. Investments

      17.2.11. Major Companies

      17.3. Africa Functional Beverages Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      17.4. Africa Functional Beverages Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      17.5. Africa Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      17.6. Africa Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      17.7. Africa Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      18. Competitive Landscape And Company Profiles

      18.1. Company Profiles

      18.2. PepsiCo Inc

      18.2.1. Company Overview

      18.2.2. Products And Services

      18.2.3. Business Strategy

      18.2.4. Financial Overview

      18.3. The Coca-Cola Company

      18.3.1. Company Overview

      18.3.2. Products And Services

      18.3.3. Business Strategy

      18.3.4. Financial Overview

      18.4. Red Bull GmbH

      18.4.1. Company Overview

      18.4.2. Products And Services

      18.4.3. Business Strategy

      18.4.4. Financial Overview

      18.5. Danone S.A

      18.5.1. Company Overview

      18.5.2. Products And Services

      18.5.3. Business Strategy

      18.5.4. Financial Overview

      18.6. Nestle S.A

      18.6.1. Company Overview

      18.6.2. Products And Services

      18.6.3. Business Strategy

      18.6.4. Financial Overview

      19. Key Mergers and Acquisitions

      19.1. A.G. Barr Acquired Boost

      19.2. American Beverage Corp Acquired Poppilu

      19.3. Refresco Acquired Tru Blu Beverages

      19.4. Mighty Craft Acquired Adelaide Hills Group

      19.5. Nestlé Acquired Nuun

      19.6. Nestlé Acquired Essentia Water

      19.7. PepsiCo Acquired Rockstar Energy

      19.8. Kona Gold Solutions Acquired Flo Beverages

      19.9. Celsius Holdings Acquired Func Food Group

      19.10. PepsiCo Acquired Pioneer Foods

      20. Opportunities And Strategies

      20.1. Global Functional Beverages Market In 2027 – Countries Offering Most New Opportunities

      20.2. Global Functional Beverages Market In 2027 – Segments Offering Most New Opportunities

      20.3. Global Functional Beverages Market In 2027 – Growth Strategies

      20.3.1. Market Trend Based Strategies

      20.3.2. Competitor Strategies

      21. Conclusions And Recommendations

      21.1. Conclusions

      21.2. Recommendations

      21.2.1. Product

      21.2.2. Place

      21.2.3. Price

      21.2.4. Promotion

      21.2.5. People

      22. Appendix

      22.1. Market Data Sources

      22.2. Research Methodology

      22.3. Currencies

      22.4. The Business Research Company

      22.5. Copyright and Disclaimer

    List Of Tables

      Table 1: Global Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 2: Global Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 3: Global Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 4: Global Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 5: Global Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 6: Global Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 7: Global Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 8: Global Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 9: Global Functional Beverages Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 10: Global Functional Beverages Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 11: Global Functional Beverages Market, By Country, Historic and Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 12: Global Functional Beverages Market, By Country, Historic and Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 13: Asia-Pacific GDP Per Capita, By Country, 2017-2022, $
    • Table 14:  Asia-Pacific Population, By Country, 2017-2027, Millions
    • Table 15: Asia-Pacific Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 16: Asia-Pacific Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 17: Asia-Pacific Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 18: Asia-Pacific Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 19: Asia-Pacific Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 20: Asia-Pacific Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 21: Asia-Pacific Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 22: Asia-Pacific Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 23: China GDP Per Capita, 2017-2022, $
    • Table 24:  China Population, By Country, 2017-2027, Millions
    • Table 25: China Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 26: China Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 27: China Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 28: China Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 29: China Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 30: China Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 31: China Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 32: China Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 33: India Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 34: India Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 35: India Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 36: India Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 37: India Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 38: India Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 39: India Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 40: India Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 41: Japan Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 42: Japan Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 43: Japan Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 44: Japan Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 45: Japan Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 46: Japan Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 47: Japan Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 48: Japan Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 49: Australia Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 50: Australia Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 51: Australia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 52: Australia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 53: Australia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 54: Australia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 55: Australia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 56: Australia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 57: Indonesia Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 58: Indonesia Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 59: Indonesia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 60: Indonesia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 61: Indonesia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 62: Indonesia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 63: Indonesia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 64: Indonesia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 65: South Korea Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 66: South Korea Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 67: South Korea Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 68: South Korea Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 69: South Korea Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 70: South Korea Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 71: South Korea Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 72: South Korea Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 73: Western Europe GDP Per Capita, By Country, 2017-2022, $
    • Table 74:  Western Europe Population, By Country, 2017-2027, Millions
    • Table 75: Western Europe Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 76: Western Europe Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 77: Western Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 78: Western Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 79: Western Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 80: Western Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 81: Western Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 82: Western Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 83: UK Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 84: UK Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 85: UK Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 86: UK Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 87: UK Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 88: UK Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 89: UK Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 90: UK Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 91: Germany Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 92: Germany Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 93: Germany Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 94: Germany Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 95: Germany Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 96: Germany Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 97: Germany Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 98: Germany Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 99: France Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 100: France Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 101: France Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 102: France Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 103: France Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 104: France Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 105: France Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 106: France Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 107: Eastern Europe GDP Per Capita, By Country, 2017-2022, $
    • Table 108:  Eastern Europe Population, By Country, 2017-2027, Millions
    • Table 109: Eastern Europe Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 110: Eastern Europe Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 111: Eastern Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 112: Eastern Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 113: Eastern Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 114: Eastern Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 115: Eastern Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 116: Eastern Europe Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 117: Russia Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 118: Russia Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 119: Russia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 120: Russia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 121: Russia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 122: Russia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 123: Russia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 124: Russia Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 125: North America GDP Per Capita, By Country, 2017-2022, $
    • Table 126:  North America Population, By Country, 2017-2027, Millions
    • Table 127: North America Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 128: North America Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 129: North America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 130: North America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 131: North America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 132: North America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 133: North America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 134: North America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 135: USA GDP Per Capita, 2017-2022, $
    • Table 136:  USA Population, By Country, 2017-2027, Millions
    • Table 137: USA Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 138: USA Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 139: USA Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 140: USA Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 141: USA Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 142: USA Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 143: USA Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 144: USA Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 145: South America GDP Per Capita, By Country, 2017-2022, $
    • Table 146:  South America Population, By Country, 2017-2027, Millions
    • Table 147: South America Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 148: South America Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 149: South America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 150: South America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 151: South America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 152: South America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 153: South America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 154: South America Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 155: Brazil Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 156: Brazil Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 157: Brazil Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 158: Brazil Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 159: Brazil Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 160: Brazil Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 161: Brazil Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 162: Brazil Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 163: Middle East GDP Per Capita, By Country, 2017-2022, $
    • Table 164:  Middle East Population, By Country, 2017-2027, Millions
    • Table 165: Middle East Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 166: Middle East Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 167: Middle East Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 168: Middle East Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 169: Middle East Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 170: Middle East Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 171: Middle East Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 172: Middle East Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 173: Africa GDP Per Capita, By Country, 2017-2022, $
    • Table 174:  Africa Population, By Country, 2017-2027, Millions
    • Table 175: Africa Functional Beverages Market, Historic, 2017 – 2022, $ Million
    • Table 176: Africa Functional Beverages Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 177: Africa Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 178: Africa Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 179: Africa Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 180: Africa Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 181: Africa Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 182: Africa Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 183: Global Functional Beverages Market, Key Competitor Estimated Market Shares, 2021, Percentage (%)
    • Table 184: PepsiCo – Financial Performance, 2017– 2021, $ Billion
    • Table 185: The Coca-Cola – Financial Performance, 2017– 2021, $ Billion
    • Table 186: Red Bull – Financial Performance, 2017 – 2021, $ Billion
    • Table 187: Danone – Financial Performance, 2017 – 2021, $ Billion
    • Table 188: Nestle – Financial Performance, 2017– 2021, $ Billion
    • Table 189: Global Functional Beverages Market Size Gain ($ Million), 2022 – 2027, By Country
    • Table 190: Global Functional Beverages Market Size Gain ($ Million), Segmentation By Type, 2022 – 2027
    • Table 191: Global Functional Beverages Market Size Gain ($ Million), Segmentation By Function, 2022 – 2027
    • Table 192: Global Functional Beverages Market Size Gain ($ Million), Segmentation By Distribution Channel, 2022 – 2027
    • Table 193: Functional Beverages - Market Data Sources

    List Of Figures

      Figure 1: Global Functional Beverages Market Segmentation By Type
    • Figure 2: Global Functional Beverages Market Segmentation By Function
    • Figure 3: Global Functional Beverages Market Segmentation By Distribution Channel
    • Figure 4: Global Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 5: Global Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 6: Global Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 7: Global Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 8: Global Functional Beverages Market, Segmentation By Distribution Channel, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 9: Global Functional Beverages Market, By Region, Historic and Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 10: Global Functional Beverages Market, By Country, Historic and Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 11: Asia-Pacific Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 12: Asia-Pacific Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 13: Asia-Pacific Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 14: Asia-Pacific Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 15: China Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 16: China Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 17: China Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 18: China Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 19: India Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 20: India Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 21: India Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 22: India Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 23: Japan Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 24: Japan Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 25: Japan Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 26: Japan Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 27: Australia Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 28: Australia Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 29: Australia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 30: Australia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 31: Indonesia Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 32: Indonesia Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 33: Indonesia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 34: Indonesia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 35: South Korea Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 36: South Korea Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 37: South Korea Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 38: South Korea Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 39: Western Europe Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 40: Western Europe Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 41: Western Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 42: Western Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 43: UK Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 44: UK Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 45: UK Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 46: UK Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 47: Germany Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 48: Germany Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 49: Germany Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 50: Germany Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 51: France Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 52: France Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 53: France Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 54: France Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 55: Eastern Europe Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 56: Eastern Europe Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 57: Eastern Europe Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 58: Eastern Europe Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 59: Russia Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 60: Russia Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 61: Russia Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 62: Russia Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 63: North America Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 64: North America Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 65: North America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 66: North America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 67: USA Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 68: USA Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 69: USA Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 70: USA Functional Beverages Market, Segmentation By Service Provider, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 71: South America Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 72: South America Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 73: South America Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 74: South America Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 75: Brazil Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 76: Brazil Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 77: Brazil Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 78: Brazil Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 79: Middle East Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 80: Middle East Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 81: Middle East Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 82: Middle East Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 83: Africa Functional Beverages Market, Historic, 2015 – 2019, $ Million
    • Figure 84: Africa Functional Beverages Market, Forecast, 2019 – 2023, 2025F, 2030F, $ Million
    • Figure 85: Africa Functional Beverages Market, Segmentation By Type, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 86: Africa Functional Beverages Market, Segmentation By Function, Historic And Forecast, 2015 – 2019, 2023F, 2025F, 2030F, %
    • Figure 87: Global Functional Beverages, Key Competitor Estimated Market Shares, 2019, Percentage (%)
    • Figure 88: The Coca-Cola Company – Financial Performance, 2015 – 2019, $ Billion
    • Figure 89: PepsiCo, Inc. – Financial Performance, 2015 – 2019, $ Billion
    • Figure 90: Nestle S.A. – Financial Performance, 2015 – 2019, $ Billion
    • Figure 91: Danone – Financial Performance, 2015-2019, $ Billion
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    Frequently Asked Questions

    What is the definition of the functional beverages market?

    The functional beverages market consists of sales of functional beverages and related services. Functional beverages are non-alcoholic drinks which contain non-traditional ingredients such as vitamins, minerals, dietary fibers, probiotics, and added fruits. Function drinks include energy drinks, sports drinks, enhanced fruit drinks, and functional bottles water. request a sample here

    How will the functional beverages market drivers and restraints affect functional beverages market dynamics? What forces will shape the functional beverages industry going forward?

    The functional beverages market growth is aided by increasing awareness of health. However, some functional beverages market restraints include wide availability of cheaper substitutes such as green tea, coffee, and fresh juice request a sample here

    What is the forecast market size of the functional beverages market?

    The functional beverages market forecast is expected to reach $173.23 billion in 2025 at a compound annual growth rate of 7%. request a sample here

    How is the functional beverages market segmented?

    The global functional beverages market is segmented -
    1) By Type: Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-based Beverages, Juices, Enhanced Water, Others
    2) By Function: Health & Wellness, Weight Management
    3) By Distribution Channel: Brick & Mortar, Online     request a sample here

    Which region has largest share, and what is the market size and growth by geography according to the functional beverages global market report?

    For more detail on this, request a sample here.

    Who are the key players of the global functional beverages market?

    Top competitors in the functional beverages market are Danone, Clif Bar & Company, Universal Nutrition, Cloud 9, The Coca-Cola Company, Monster Beverage Corporation, Arla foods, National Beverage Corp, Cloud 9, Nestle, GNC Holdings, Pepsico Inc, Dr. Peppe request a sample here.

    What are the key trends in the global functional beverages market?

    Major trends influencing the functional beverages market include manufacturing of low-calorie natural sweeteners and the use of natural colour & ingredients request a sample here.

    What are the major opportunities in the functional beverages market and the approaches companies can take to take advantage of them?

    For detail on the future and current opportunities in the global functional beverages market, request a sample here.

    How does the functional beverages market relate to the overall economy and other similar markets?

    request a sample here.

    request a sample here.

    request a sample here.