Functional Drinks Global Market Report 2023 – By Product (Energy Beverages, Functional Fruit and Vegetable Juices, Sports Beverages, Functional Water, Other Products), By Distribution Channel (Hypermarkets Or Supermarkets, Specialty Stores, Online, Other Distribution Channels), By Application (Health And Wellness, Weight loss) – Market Size, Trends, And Global Forecast 2023-2032

Functional beverages are non-alcoholic drinks that contain non-traditional ingredients such as vitamins, minerals, dietary fibers, probiotics, and added fruits. The main types of functional beverages are energy drinks, sports drinks, nutraceutical drinks, dairy-based beverages, juices, enhanced water, and others. Energy drinks are beverages or drinks that contain ingredients marketed to increase energy and mental performance. The functions are health & wellness, and weight management and various type of distribution channel are brick & mortar, and online. The global functional beverages market is segmented - 1) By Type: Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-based Beverages, Juices, Enhanced Water, Other Types 2) By Function: Health & Wellness, Weight Management 3) By Distribution Channel: Brick & mortar, Online The global functional beverages market size will grow from $131.47 billion in 2022 to $147.7 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of functional beverages is expected to grow from $224.99 billion in 2027 at a CAGR of 11.1%. Increasing awareness of health issues is anticipated to propel the demand for functional beverages over the forecast period. Functional beverages help to enhance various body functionalities, including the management of heart rate, digestive health, immune system, and weight management, due to the presence of vitamins, minerals, herbs, and amino acids. Consumers are increasingly shifting towards the consumption of functional beverages that contain ingredients to address these specific health issues. According to Packaging Strategies journal, a major change in the beverage industry is moving toward functional beverages as consumers strive to improve their health. Additionally, the rise of clean-label, organic, and non-GMO products is impacting the buying behaviors of consumers. Therefore, consumer preferences for functional drinks over carbonated drinks and fruit juices are projected to drive the demand for functional beverages market over the next few years. Major players 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. The wide availability of cheaper substitutes such as green tea, coffee, and fresh juice is hindering the growth of the functional beverage market. The prices of functional drinks are comparatively higher than those of carbonated drinks and other available substitutes. Thus, the availability of substitute products is negatively impacting the growth of the market. For instance, dry beverage mixes, which offer functionality, are cost-effective and have low transportation costs. The ingredients in dry beverage mixes provide high nutrients, replacing the need for functional beverages market with low costs. The availability of cheaper substitutes thereby restrains the growth of the market. The manufacturing of low-calorie natural sweeteners and the use of natural colors and ingredients are promoting the growth of functional beverages market. Major players dealing in the industry are adopting various strategies in order to meet consumer requirements. For instance, in April 2021, Manus Bio, Inc., a US-based company operating in natural ingredients, announced the launch of NutraSweet Natural, a plant-based sweetener with zero calories. NutraSweet Natural is produced by isolating the sweetest and purest parts of the stevia leaf, which are incorporated into a proprietary blend to create the exact taste of sugar without the calories while minimizing its environmental footprint. In March 2021, Nestlé S.A, a Switzerland-based multinational food, and drink processing conglomerate corporation acquired Essentia Water, LLC for an undisclosed amount. Through this acquisition, Nestlé S.A aims to strengthen its presence in the functional water segment and to gain a competitive advantage in the market. Essentia Water, LLC is a US-based beverage company. Asia-Pacific was the largest region in the functional beverages market in 2022. Western Europe was the second-largest region in the functional beverages market report. The regions covered in the functional beverages analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the functional beverages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The functional beverages market consists of sales of energy drinks, sports drinks, enhanced fruit drinks, bottled water, and other functional beverages. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The functional beverages market research report is one of a series of new reports from The Business Research Company that provides functional beverages market statistics, including functional beverages industry global market size, regional shares, competitors with functional beverages market share, detailed functional beverages market segments, market trends and opportunities, and any further data you may need to thrive in the functional beverages industry. The functional beverages research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Energy-efficient windows refer to a type of window that is made of two or three glass panes sealed in a single unit and designed to prevent exchange of heat from a chamber or room to the environment and surrounded by a frame made from unplasticized polyvinyl chloride (uPVC), wood, or any other material. The main operating types of energy efficient windows include awning, casement, double hung, fixed, hopper, and sliding. The awning energy efficient windows swing open from the bottom up, which are operated by cranking a handle while pushing the bottom of the sash out, providing excellent ventilation while keeping rainwater out. The different energy-efficient window components include frames, glass, and hardware. The different energy efficient window glazing types include double glazing, triple glazing, and other glazing types. The applications of energy-efficient windows include new construction, renovation, and reconstruction for end-users, including residential and non-residential. The global energy efficient windows market is segmented - 1) By Operating Type: Awning, Casement, Double-hung, Fixed, Hopper, Sliding 2) By Component: Frame, Glass, Hardware 3) By Glazing Type: Double Glazing, Triple Glazing, Other Glazing Types 4) By Application: New Construction, Renovation And Reconstruction 5) By End User: Residential, Non Residential The global energy efficient windows market size will grow from $11.46 billion in 2022 to $12.54 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the energy efficient windows is expected to grow to $16.72 billion in 2027 at a CAGR of 7.5%. Increasing environmental awareness and the widespread adoption of green buildings are expected to propel the growth of the energy-efficient windows market. Green buildings have adopted the practise of creating structures and using processes to create environmentally responsible and resource-efficient buildings from the beginning to the end of the construction of the building. These energy-efficient buildings provide a significant reduction in the energy required for heating and cooling, independent of the energy and the equipment that will be chosen to heat or cool the building. For instance, according to EnergyStar, a US-based government-backed symbol for energy efficiency, in the year 2020, nearly 6,500 commercial buildings earned the Energy Star, saving $1.6 billion, and more than 5 million metric tonnes of greenhouse gas emissions were avoided. Therefore, increasing environmental awareness and the widespread adoption of green buildings are driving the growth of the energy efficient windows market. Major players in the energy efficient windows market are YKK AP America Inc., Buiders first source, JELD-WEN Holding Inc., Deceuninck NV, PGT Inc., Anderson Corporaion, Saint-Gobain, Ply Gem Residential Solutions, Schott AG, The Rehau group, VKR Holding A/S, SoftLite Windows & Doors, ATRIUM WINDOWS & DOORS, Kolbe & Kolbe Millwork Co. Inc., Masco Corporation, Nippon Sheet Glass Co. Ltd and China Glass Holdings Limited. Increasing research and development in energy-efficient windows is a key trend in the energy-efficient window equipment market. Stakeholders in the market are focusing on developing efficient windows that are capable of reducing wastage and energy consumption. For instance, in 2020, at Nanyang Technological University, Singapore, researchers have developed a smart energy-efficient window, which is around 30% more energy-efficient than commercially available low-emissivity (energy-efficient) glass. It has been made by placing hydrogel-based liquid within glass panels and found that it can reduce up to 45% of energy consumption in buildings in simulations, compared to traditional glass windows. In January 2020, Saint-Gobain S.A., a France-based manufacturing company, acquired Continental Building Products for a deal amount of approximately $1.4 billion. The acquisition is expected to broaden Saint-Gobain’s asset portfolio and enhance its ability to provide a wider customer base with innovative solutions by increasing its presence in regions in the United States. Continental Building Products is a US-based construction company that specialises in the manufacturing of energy-efficient windows, gypsum wallboard, joint compound, and residential and commercial services. North America was the largest region in the energy efficient windows market in 2022. Asia-Pacific is expected to be the fastest growing market in energy efficient windows market share. The regions covered in the energy efficient windows market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the energy efficient windows market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The market for energy efficient windows market consists of sales of hinged-sash windows, insulated windows, and double-glazed windows.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The energy efficient windows market research report is one of a series of new reports from The Business Research Company that provides energy efficient windows market statistics, including energy efficient windows industry global market size, regional shares, competitors with an energy-efficient windows market share, detailed energy efficient windows market segments, market trends and opportunities, and any further data you may need to thrive in the energy efficient windows industry. This energy efficient windows market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The energy as a service market consists of sales of energy as a service solutions and services by entities (organizations, sole traders, and partnerships) that are used for the management of energy usage to deliver the desired energy service. Energy-as-a-service (EaaS) is a business concept in which clients pay for energy services without having to spend any money upfront. EaaS models often take the form of a subscription for a service company's electrical devices or energy usage management to supply the desired energy service. The main types of energy as a service are solutions and services. Energy supply services are used to deliver energy such as fuels, electricity, and thermal energy that suppliers can deliver to end consumers. It includes service such as supply, demand, and energy optimization, that include different end users such as commercials and industries. The global energy as a service market is segmented - 1) By Component: Solutions, Services 2) By End-User: Commercial, Industrial The global energy as a service market size grew from $57.32 billion in 2022 to $64.28 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global energy as a service is expected to grow to $100.17 billion in 2027 at a CAGR of 11.7%. The increase in renewable energy generation is expected to propel the growth of the energy as a service market going forward. Renewable energy is energy generated from naturally renewing but flow-limited sources that are essentially infinite in length but limited in energy accessible per unit of time. The usage of renewable energy is increasing, and this will increase the energy as a service market. For instance, according to the International Energy Agency, a France-based intergovernmental organization, the share of renewables in global electricity generation jumped to 29% in 2020, up from 27% in 2019. Also, renewable electricity generation in 2021 increased by more than 8% to reach 8,300 TWh. Therefore, the rising demand for an increase in renewable energy generation drives the energy as a service market. Major players in the energy as a service market are Schneider Electric SE, Engie SA, Siemens AG, Honeywell International Inc., Veolia Environnement S.A, Enel X, EDF Renewable Energy, Johnson Controls International, Bernhard Energy, Edison Energy, SmartWatt, Entegrity , Enertika, Ameresco, Centrica, Ameresco, Duke Energy Corporation , Solarus, Spark Community Investment Co, and Contemporary Energy Solutions. Partnerships and agreements among companies are key trends gaining popularity in the energy as a service market. The companies operating in the energy as a service market are undergoing partnerships and agreements to meet consumer demand. For instance, in August 2021, the Engie group signed an agreement with Google LLC, a US-based multinational technology company, to provide carbon-free electricity in Germany. The agreement will help Google meet its carbon-free energy goals for its data centers, cloud regions, and offices throughout the world by 2030. Engie will assemble and negotiate an energy portfolio to supply Google with renewable energy (solar and wind) to ensure that all of its German activities are approximately 80 percent carbon-free by 2022. Engie SA is a France-based utility company that operates in the fields of the energy transition, electricity generation, distribution, natural gas, nuclear, renewable energy, and petroleum. Also, in August 2020, Schneider Electric partnered with Huck Capital to deliver energy-as-a-service, enabling commercial buildings to easily convert to renewable energy. The partnership provides a unique approach for building owners and operators that wish to migrate to renewable energy to reduce emissions, boost resiliency, and lower costs without investing in renewable energy assets or relying on specialists to operate the microgrid. Schneider Electric is a France-based company that provides energy and automation digital solutions. In July 2021, OY Nofar Energy, an Israel-based energy company, acquired Blue Sky Utility for a deal amount of $91 million. Through this acquisition, Nofar would represent its entry into the US market, and the company's goal is to expand its operations into new markets. Blue Sky Utility is a US-based company that specializes in developing renewable energy solutions for retail real estate landlords and tenants. North America was the largest region in the energy as a service market in 2022. Middle East and Africa are expected to be the fastest-growing regions in the energy as a service market during the forecast period. The regions covered in the global energy as a service market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the energy as a service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The energy as a service service market includes revenues earned by entities by providing cloud-based energy services and solutions to monitor and manage energy requirements based on real-data collections and also procuring, storing, and producing energy solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The energy as a service market research report is one of a series of new reports from The Business Research Company that provides energy as a service market statistics, including energy as a service industry global market size, regional shares, competitors with an energy as a service market share, detailed energy as a service market segments, market trends and opportunities, and any further data you may need to thrive in the energy as a service industry. This energy as a service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Vending machine operators are individuals that are engaged in retailing merchandise through vending machines. These vending machines are useful for contactless selling of goods. The main types of vending machines operated by vending machine operators are beverage vending machines, food products vending machines, confectionery products vending machines, and other products vending machines. A food products vending machine is an automatic machine that provides snacks and other food items to consumers after cash, a credit card, or other forms of payment are inserted into the machine or otherwise made. The main products applied are soft drinks, candy and snacks, hot beverages, hot and cold meal products, ice cream, and other products that are used by corporate offices, shopping malls, retail stores, educational institutions, hotels and restaurants, and other sectors. The global vending machine operators market is segmented - 1) By Machine Type: Beverages Vending Machine, Food Products Vending Machine, Confectionery Products Vending Machine, Others Products Vending Machine 2) By Product: Soft Drinks, Candy And Snacks, Hot Beverages, Hot And Cold Meal Products, Ice Cream, Other Products 3) By Use Case: Corporate Offices, Shopping Malls And Retail Stores, Educational Institutions, Hotels And Restaurants, Other Use Cases The global vending machine operators market size will grow from $37.99 billion in 2022 to $42.36 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global vending machine operators is expected to grow to $63.66 billion in 2027 at a CAGR of 10.7%. Growing demand for on-the-go snacks, drinks, and others is expected to drive the vending machine operators market. Vending machines offer the comfort of buying things on the go without the need to enter or stand in the queue of stores. For instance, as per the Japan Times, there are 5 million vending machines in Japan. In addition to this, according to Vending Market Watch, there are more than 4.6 million vending machines in the USA as most people are busy and find it easy to pick things up on the go without wasting time buying things. This advantage of buying things on-the-go aids in the growth of the vending machine operators market. Major players in the vending machine operators market are AB Volvo, Caterpillar Inc., Komatsu Ltd., Liebherr Group, Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Ltd., Terex Corporation, The Atlas Copco Group, Deere & Company and Sany Group, and Sany Group. The growing focus of players on introducing innovations is a leading trend in the vending machine operators market. Companies are focusing on using the latest technology like cashless payment, IoT, AI, and big data for enhancing sales, convenience, and procuring data to find customer preferences to increase productivity and customer satisfaction. For instance, over 2,000 Coca-Cola machines now accept Bitcoin in Australia and New Zealand. Coca Cola started experimenting with artificial intelligence and big data to build smart vending machines that need less human control. The beverage supergiant employed Hivery, a technology-driven company that works with businesses to refine their retail strategies using AI and big data, to revolutionise the way it marketed and distributed its goods in more than 200 countries. Starting with 60-odd vending machines in Newcastle, a town 160 km away from Sydney, the software company began experimenting with AI to see if it could stack vending machines better than humans could to maximise revenue and profits. The company developed an AI algorithm specifically for Coca-Cola, which resulted in an 18% reduction in re-stock visits plus a 15% rise in revenue, demonstrating that big data really can make a difference when it comes to vending machine optimization. In April 2022, American Green, a US-based innovator in the cannabis and hemp industry, acquired VendWeb for an undisclosed amount. The acquisition would bring an strategic asset to American green and help it improve its distribution, VendWeb is a US-based manufacturer and seller of vending machines. Asia-Pacific was the largest region in the vending machine operators market in 2022. North America was the second-largest region in the global vending machine operators market share. The regions covered in the global vending machine operators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the vending machine operators market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The vending machine operators market includes revenues earned by entities by providing services through spiral vending machines, gravity-based vending machines, and smart shelf vending machines. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products The vending machine operators market research report is one of a series of new reports from The Business Research Company that provides vending machine operators market statistics, including vending machine operators industry global market size, regional shares, competitors with a vending machine operators market share, detailed vending machine operators market segments, market trends and opportunities, and any further data you may need to thrive in the vending machine operators industry. This vending machine operators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Food automation aims primarily to improve line efficiencies, increase productivity and production quality, and increase profit. Food automation is used in multiple food processing activities to reduce human input in food processing tasks. It is also used for food packaging, raw material mixing, and preparation area of products for quality and hygiene production. The main types of machines in the food automation market are motors and generators, motor controls, discrete controllers and visualization, rotary products, linear products, and others. The motors and generators are energy conversion machines used in the food industry. Motors and generators are used in food industry machinery for automating processing and other operations. Motors and generators have demand requirements in specific sectors such as fish, poultry, dairy, and baking goods. The food automation machines are either semi-automatic or fully automatic and have consists of components such as plant instrumentation, plant-level controls and enterprise-level controls. Food automation is mostly having applications in bakery products, drinks, candy, snacks, fruits and vegetables, meat and others. The global food automation market is segmented - 1) By Type: Motors And Generators, Motor Controls, Discrete Controllers And Visualization, Rotary Products, Linear Products, Other Types 2) By Operation: Semi Automatic, Fully Automatic 3) By Component: Plant Instrumentation, Plant-Level Controls, Enterprise-Level Controls 4) By Application: Bakery Products, Drinks, Candy, Snacks, Fruits And Vegetables, Meat, Other Applications The global food automation market size grew from $12.05 billion in 2022 to $13.14 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the food automation market is expected to grow to $18.59 billion in 2027 at a CAGR of 9.1%. The rising adaptability of automation is expected to propel the food automation market. The rapid push toward automation technology and increased expectations of consumers and regulatory agencies for better product quality and safety has in the increased adoption of automation across industries. It will provide with an effective and efficient solution in the food industry for better food quality, maximum productivity, and profitability with ensured safety using automation technologies to streamline various activities from food processing operations to packaging, reducing the manual effort, increasing safety and maximizing profits. For instance, in December 2021, according to the International Federation of Robotics (IFR), the steady growth of industrial robots reflects the adoption of automation in food and beverage manufacturing, with the total global operational stock of robots increasing by 8.6% in 2020. The operational robot stock in food and beverage manufacturing steadily increased from 81,500 in 2019 to 90,100 in 2020. This adoption was driven due to the availability of better technology, the need to stay competitive and improve workers' safety. Therefore, the rising adaptability of automation will drive the growth of the food automation market. Major players in the food automation market are ABB Ltd., GEA Group, Mitsubishi Electric Corporation, Rexnord Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Yaskawa Electric Corporation, Yokogawa Electric Corporation, Fortive Corporation, Emerson Electric Co, Falcon Autotech Pvt Ltd., Fanuc Corporation, Neologic Engineers Private Limited and JLS Automation. Technological advancement is a key trend gaining popularity in the food automation market. The market is witnessing the implementation of next-generation food automation technologies such as robotics, digital twins, internet of things (IoT), analytics, data processing, automated control systems, and others. These advanced solutions offer complete automation reducing human needs entirely and increasing profitability while ensuring safety. For instance, in January 2022, Pazzi Robotics, a France-based kitchen software, and robotics startup firm introduced a fully automated packaged solution for the food and beverages industry with no human intervention during the operations. The solution includes robots that perform tasks from food preparation to final assembly based on fully automated procedures. This solution uses a combination of software, data, and precision robotics. In January 2022, AMF Bakery Systems Inc., a US-based automated bakery equipment solutions company acquired Workhorse Automation Inc., for an undisclosed amount. With this acquisition, AMF Bakery Systems will strengthen its product portfolio with the addition of robotics technologies and the engineering expertise of Workhorse Automation. These two companies' technologies can help bakers build efficient and automated bakeries. Workhorse Automation Inc. is a US-based company providing engineering and automated solutions for the commercial banking industry. Western Europe was the largest region in the food automation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food automation market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the food automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The food automation market consists of sales of food automation machines including manufacturing execution systems (MES), variable-frequency drive (VFD), valves and actuators, electric motors, sensors, and transmitters among others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The canned alcoholic beverages is a premixed drink packed in a metal can. Breweries ferment barley, wheat, and other grains to produce beer, while wineries ferment grapes to make wine. The alcohol (ethanol or ethyl alcohol) in canned alcoholic beverages is the ingredient that causes drunkenness. The main products of canned alcoholic beverages are wine, RTD cocktails, and hard seltzers. The wine is manufactured from the fermented juice of grapes. The canned alcoholic beverages are available with high, medium, and low alcoholic content and are distributed through on-trade, liquor stores, online, and other distribution channels. The global canned alcoholic beverages market is segmented - 1) By Product: Wine, RTD Cocktails, Hard Seltzers 2) By Alcoholic Content: High, Medium, Low 3) By Distribution Channel: On-Trade, Liquor Stores, Online, Other Distribution Channels The global canned alcoholic beverages market size grew from $6.29 billion in 2022 to $7.14 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the canned alcoholic beverages is expected to grow to $12.05 billion in 2027 at a CAGR of 14.0%. The rising demand for ready-to-eat food and beverages is expected to propel the growth of the canned alcoholic beverages market. Ready-to-eat food and beverages refer to the food and beverages that are pre-cleaned, pre-cooked, and that are used for consumption without prior cooking. The rising demand for ready-to-eat food and beverages also increases the demand for canned alcoholic beverages. For instance, according to the study conducted by Distilled Spirits Council, a United States national trade association in 2021, global consumption of ready drink (RTD) cocktails had increased by 42.3 %. Therefore, the rising demand for ready-to-eat food and beverages is anticipated to promote the growth of the canned alcoholic beverages market. Major players in the canned alcoholic beverages market are Bacardi Limited, Diageo plc, Brown-Forman Corporation, AB InBev, Treasury Wine Estates, Union Wine Company, E. & J. Gallo Winery, Asahi Group Holdings Ltd., Pernod Ricard, Integrated Beverage Group LLC, Constellation Brands, Kona Brewing Co., Suntory Holdings Limited, and Barefoot Cellars. Strategic partnerships and collaborations are key trends gaining popularity in the canned alcoholic beverages market. The canned alcoholic beverages manufacturers are strategically partnering and collaborating to broaden products and services. For instance, in January 2021, Diageo, a UK-based beverage company that produces canned alcoholic beverages and other leading wine, beer, and spirits producers formed a global partnership with 12 prominent e-commerce, online retailers, and delivery platforms to establish the online sale of alcohol. Also, in November 2021, Bacardi, a spirit company based in Bermuda, a British island territory partnered with Thirstie, a US-based technology company that connects beverage alcohol brands with consumers to bring Bacardi e-gift cards to the market featuring its portfolio of premium spirit brands. In November 2020, Bacardi Limited, a spirit company based in Bermuda, a British island territory acquired a 100% stake in TAILS for an undisclosed amount. Through the acquisition, Bacardi gained access to a complete range of cocktails that are produced by TAILS. TAILS serves a wide variety of modern and traditional drinks. TAILS cocktails are produced using the Bacardi range of premium brands and then pre-batched in bottles. TAILS is a UK-based company operating in canned alcoholic beverages. North America was the largest region in the canned alcoholic beverages market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the canned alcoholic beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the canned alcoholic beverages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The canned alcoholic beverages market consists of sales of waters and carbonated waters, fruit and vegetable juices and nectars, water-based flavoured carbonated and non-carbonated drinks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The canned alcoholic beverages market research report is one of a series of new reports from The Business Research Company that provides canned alcoholic beverages market statistics, including canned alcoholic beverages industry global market size, regional shares, competitors with a canned alcoholic beverages market share, detailed canned alcoholic beverages market segments, market trends and opportunities, and any further data you may need to thrive in the canned alcoholic beverages industry. This canned alcoholic beverages market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An alcoholic beverage is a potable liquid that contains ethanol which is prepared by fermenting fruits, grains, and others. The main types of alcoholic beverages are beer, wine and brandy, and spirits. Beer is an alcoholic beverage produced by extracting raw materials with water, boiling (usually with hops) and fermenting. The products are made available through off-trade channels and on-trade channels. The various categories are mass, and premium. The global alcoholic - beverages market is segmented - 1) By Type: Beer, Wine And Brandy, Spirits 2) By Distribution Channel: Off-Trade Channels, On-Trade Channels 3) By Category: Mass, Premium Subsegments Covered: Ales, Lagers, Stouts & Porters, Malts, Wine, Brandy, Whiskey, Vodka, Rum, Tequila, Gin, Other Spirits The global alcoholic - beverages market size grew from $530.85 billion in 2022 to $569.58 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global alcoholic - beverages market is expected to grow to $731.84 billion in 2027 at a CAGR of 6.5%. The world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for alcoholic beverages. Crop production, farming activities, and trade volumes will have to increase in order toto meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for alcoholic - beverages products due to the rising population during the forecast period. Major companies in the alcoholic - beverages market include Anheuser-Busch InBev sa/nv, Heineken N.V., Diageo plc, Asahi Group Holdings Ltd., The Molson Coors Brewing Company, kirin holdings co Ltd., Constellation Brands, Pernod Ricard, Carlsberg Breweries Group, Thai Beverage public co. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the alcoholic - beverages market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the alcoholic beverages market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Alcoholic beverage manufacturers are now offering ready-to-mix hybrid beverages to cater to changing consumer tastes and preferences. Hybrid beverages are a blend of alcoholic drinks from multiple beverage categories. They are prepared by using unique flavour combinations, ingredients, and production methods from multiple drinks. For example, producing spirits or beers in a wine barrel to give them a distinct taste. Hybrid beverages are particularly evident in the spirit category, with products such as beer mixed with rum and tea mixed with vodka. Some of the popular hybrid beverages on the market include Malibu Red (rum and tequila), Kahlua Midnight (rum and Kahlua), and Absolut Tune (vodka and sparkling wine). The Asia-Pacific was the largest region in the alcoholic - beverages market share in 2022. Western Europe was the second-largest region in the alcoholic - beverages market. The regions covered in the global alcoholic - beverages market analysis report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the alcoholic - beverages market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The alcoholic beverages market consists of sales of ales, lagers, stouts and porters, malts, still wine, sparkling wine, cognac, armagnac, whiskey, vodka, rum, tequila, gin, and other alcoholic beverages. The companies in the alcoholic beverages industry process raw materials into alcoholic beverages, package and distribute them through various distribution channels to both on-trade and off-trade establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The alcoholic beverages market is segmented into beer, wine and brandy, and spirits. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The alcoholic beverages research report is one of a series of new reports from The Business Research Company that provides alcoholic beverages statistics, including alcoholic beverages industry global market size, regional shares, competitors with alcoholic beverages share, detailed alcoholic beverages segments, market trends and opportunities, and any further data you may need to thrive in the alcoholic beverages industry. This alcoholic beverage research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Functional beverages are non-alcoholic drinks that contain non-traditional ingredients such as vitamins, minerals, dietary fibers, probiotics, and added fruits. The main types of functional beverages are energy drinks, sports drinks, nutraceutical drinks, dairy-based beverages, juices, enhanced water, and others. Energy drinks are beverages or drinks that contain ingredients marketed to increase energy and mental performance. The functions are health & wellness, and weight management and various type of distribution channel are brick & mortar, and online. The global functional beverages market is segmented - 1) By Type: Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-based Beverages, Juices, Enhanced Water, Other Types 2) By Function: Health & Wellness, Weight Management 3) By Distribution Channel: Brick & mortar, Online The global functional beverages market size will grow from $131.47 billion in 2022 to $147.7 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of functional beverages is expected to grow from $224.99 billion in 2027 at a CAGR of 11.1%. Increasing awareness of health issues is anticipated to propel the demand for functional beverages over the forecast period. Functional beverages help to enhance various body functionalities, including the management of heart rate, digestive health, immune system, and weight management, due to the presence of vitamins, minerals, herbs, and amino acids. Consumers are increasingly shifting towards the consumption of functional beverages that contain ingredients to address these specific health issues. According to Packaging Strategies journal, a major change in the beverage industry is moving toward functional beverages as consumers strive to improve their health. Additionally, the rise of clean-label, organic, and non-GMO products is impacting the buying behaviors of consumers. Therefore, consumer preferences for functional drinks over carbonated drinks and fruit juices are projected to drive the demand for functional beverages market over the next few years. Major players 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. The wide availability of cheaper substitutes such as green tea, coffee, and fresh juice is hindering the growth of the functional beverage market. The prices of functional drinks are comparatively higher than those of carbonated drinks and other available substitutes. Thus, the availability of substitute products is negatively impacting the growth of the market. For instance, dry beverage mixes, which offer functionality, are cost-effective and have low transportation costs. The ingredients in dry beverage mixes provide high nutrients, replacing the need for functional beverages market with low costs. The availability of cheaper substitutes thereby restrains the growth of the market. The manufacturing of low-calorie natural sweeteners and the use of natural colors and ingredients are promoting the growth of functional beverages market. Major players dealing in the industry are adopting various strategies in order to meet consumer requirements. For instance, in April 2021, Manus Bio, Inc., a US-based company operating in natural ingredients, announced the launch of NutraSweet Natural, a plant-based sweetener with zero calories. NutraSweet Natural is produced by isolating the sweetest and purest parts of the stevia leaf, which are incorporated into a proprietary blend to create the exact taste of sugar without the calories while minimizing its environmental footprint. In March 2021, Nestlé S.A, a Switzerland-based multinational food, and drink processing conglomerate corporation acquired Essentia Water, LLC for an undisclosed amount. Through this acquisition, Nestlé S.A aims to strengthen its presence in the functional water segment and to gain a competitive advantage in the market. Essentia Water, LLC is a US-based beverage company. Asia-Pacific was the largest region in the functional beverages market in 2022. Western Europe was the second-largest region in the functional beverages market report. The regions covered in the functional beverages analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the functional beverages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The functional beverages market consists of sales of energy drinks, sports drinks, enhanced fruit drinks, bottled water, and other functional beverages. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The functional beverages market research report is one of a series of new reports from The Business Research Company that provides functional beverages market statistics, including functional beverages industry global market size, regional shares, competitors with functional beverages market share, detailed functional beverages market segments, market trends and opportunities, and any further data you may need to thrive in the functional beverages industry. The functional beverages research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.