Global Functional Beverages Market Research Report 2021

Functional beverages are drinks that impart health benefits to consumers. These drinks are fortified with several ingredients with various health advantages. Some of the major ingredients of functional beverages include vitamins & minerals, bacterial strain to promote gut health, herbs, amino acids, and others.
Increasing health consciousness, coupled with high investments in the R&D sector, is supporting the growth of functional beverages market. A wide range of product availability tends to attract consumers’ attention towards the offerings, thereby, facilitating its sale. Additionally, product promotions and celebrity endorsement also play a role in increasing the sales of the product. Escalating fitness trend among consumers is also encouraging new players to enter the market and generate high revenues.

The global Functional Beverages market was valued at US$ 114690 million in 2020 and is expected to reach US$ 161030 million by the end of 2027, growing at a CAGR of 4.9% during 2021-2027.
This report focuses on Functional Beverages volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Functional Beverages market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Functional Beverages Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Probiotic Drinks
Energy Drinks
Fruit & Vegetable Juices
Herbal & Fruit Tea

Segment by Application
Supermarket
Department Stores
Grocery
Online Retailers

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
The Coca-Cola
Dannon Company
PepsiCo
Hain Celestial Group
Fuze Beverage
Kraft Foods Group
General Mills
Campbell Soup Company
Ocean Spray
Red Bull