Functional Beverages Market Size, Share and Forecast to 2028

    Functional Beverages Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Energy Drinks, Sports Drinks, Fortified Juices, Functional Water, and Others) and Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, and Others)

    Publication Month: Mar 2022 | Report Code: TIPRE00028382 | No. of Pages: 135 | Category: Food and Beverages | Status: Published

    The functional beverages market is projected to reach US$ 145,146.05 million by 2028 from US$ million 85,728.85 in 2021; it is expected to grow at a CAGR of 7.8% from 2021 to 2028.

    Functional beverages include energy drinks, sports drinks, functional water, and fortified drinks. They increase the nutrient uptake in the body with their high nutrient content, including proteins, vitamins, minerals, etc. Manufacturers of these beverages incorporate probiotic ingredients in their products that help in improving gut health and resolving various digestive issues. Functional beverages are becoming popular among teenagers and youth as they fulfill nutritional requirements and are available in a variety of flavors. Manufacturers are also launching gluten-free, animal-free, low-sugar, and decaffeinated functional beverages to cater to the emerging consumer trends, which is offering lucrative opportunities for the functional beverages market growth.

    The functional beverages market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period. The factors driving the market growth in this region include rising urbanization, changing lifestyles and growing health consciousness, and increasing per capita income. Consumers in the region are readily opting for active lifestyles and are participating in various sports and fitness activities. They are joining gyms, dance classes, Zumba classes, etc., to maintain their fitness. They are also consuming products that provide a high nutritional value. All these factors are contributing to the growth of the functional beverages market in Asia-Pacific.


    Strategic Insights

    Impact of COVID-19 Pandemic on Functional Beverages Market

    The food & beverage industries across different regions suffered from severe disruption due to lockdowns, travel bans, border restrictions, manufacturing unit shutdowns, among other adversities, after the onset of the COVID-19 pandemic, which resulted in shortages in raw materials and disturbances in supply chains. The functional beverages market also faced similar difficulties as manufacturers were not permitted to operate at full capacity. However, as the consumers have become health-conscious during the pandemic, they are preferring healthy and nutritious foods and beverages. Moreover, the demand for immunity-boosting beverages also surged during the first quarter of 2020. With the relaxation of government restrictions in late 2020, manufacturers managed to overcome the demand and supply gap, which boosted their growth pace. Therefore, the COVID-19 pandemic had a mixed impact on the functional beverages market.

    Functional Beverages Market Breakdown – by Region

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    Market Insights

    Increasing Healthcare Expenditures is driving the Growth of Functional Beverages Market

    The healthcare expenditures of people across the world have increased significantly owing rising concerns regarding health and growing prevalence of chronic diseases, such as cancer, heart disease, diabetes, and obesity. According to the US Centers for Medicare & Medicaid Services (CMS), in 2020, health spending accounted for 19.7% of the GDP of the country. In addition, the healthcare spending in the US increased by 9.7% in 2020, totaling US$ 4.1 trillion. As people are becoming health conscious, they are increasingly spending on foods and beverages that help them stay healthy. Thus, the increasing healthcare spending is projected to offer notable growth opportunities for the functional beverages market players in the coming years.

    Product Type Insights

    Based on product type, the functional beverages market is segmented into energy drinks, sports drinks, fortified juices, functional water, and others. The energy drinks segment is held the largest market share in 2020. Along with boosting energy levels of the body, energy drinks help improve mental and physical performance of consumers. These drinks arepopular amongteenagers and young adults. However, the risk associated with energy drink consumption related to the products' caffeine and sugar content is likely to restrain the market growth for this segment. Therefore, manufacturers are launching decaffeinated, and low-calorie energy drinks to cater to the changing requirements of consumers.

    Functional Beverages Market, by Product Type – 2020 and 2028

    Functional Beverages Market, by Product Type – 2020 and 2028

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    Distribution Channel Insights

    Based on distribution channel, the functional beverages market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The convenience stores segment accounted for the largest market share in 2020, while the online retail segment is expected to register the highest CAGR during the forecast period. Online retail stores offer a wide variety of products with significant discounts; also, consumers can conveniently buy desirable products remotely. These platforms offer home delivery services that encourage a large group of customers to shop through e-commerce platforms. The manufacturers of functional beverages are enhancing their online presence by offering a variety of products through e-retailers. This help them in catering to a large audience and enhance their brand awareness.

    The key players operating in the functional beverages market include PepsiCo, The Coca-Cola Company, Nestle, Kraft Foods, General Mills, Campbell Soup Company, Red Bull, The Wonderful Company LLC, Danone SA, and Monster Energy Company. These players are engaged in developing innovative products to meet the emerging consumer trends.

    Report Spotlights

    • Progressive industry trends in the functional beverages market to help players develop effective long-term strategies
    • Business growth strategies adopted by key market players to expand in developed and developing markets
    • Quantitative analysis of the functional beverages market from 2019 to 2028
    • Estimation of global demand for functional beverages
    • Porter's Five Forces Analysis to illustrate the efficacy of buyers and suppliers operating in the industry
    • Recent developments to understand the competitive market scenario
    • Market trends and outlook, and factors governing the functional beverages market growth
    • Assistance in the decision-making process by highlighting market strategies that underpin commercial interest
    • Size of the functional beverages market size at various nodes
    • Detailed overview and segmentation of the market, as well as the functional beverages industry dynamics
    • Size of the functional beverages market in various regions with promising growth opportunities

    Frequently Asked Questions

    The major players operating in the global functional beverages market are PepsiCo; The Coca-Cola Company; Nestlé; KRAFT Foods; GENERAL MILLS, INC.; Danone S.A.; Monster Energy Company; Red Bull; CAMPBELL SOUP COMPANY; The Wonderful Company LLC.
    Hike in demand for plant-based functional beverages owing to its health benefits and nutritional properties is a major factor projected to offer lucrative growth opportunities to the functional beverage market over the forecast period
    Based on type, the energy drink segment accounted for the largest revenue share because of growing health consciousness among consumers and energy drinks are widely consumed by adolescents due to their claims of improving performance, endurance, and alertness.
    North America accounted for the largest share of the global functional beverages market. Consumers looking for healthier alternatives in food & beverages to boost immunity were alarmed by the impact of COVID-19. The nutritional value of the functional beverage is high, which stimulated its demand.
    Based on distribution channel, the online retail is the fastest growing segment due to its shopping and product delivery convenience. Online retail stores offer a wide variety of products with heavy discounts; also, consumers can conveniently buy desirable products remotely.
    Surging demand for beverages with functional benefits and increasing healthcare expenditure are some of the key driving factors for functional beverages market.

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    2. Key Takeaways

    3. Research Methodology

    3.1 Scope of the Study

    3.2 Research Methodology

    3.2.1 Data Collection

    3.2.2 Primary Interviews

    3.2.3 Hypothesis Formulation

    3.2.4 Macro-economic Factor Analysis

    3.2.5 Developing Base Number

    3.2.6 Data Triangulation

    3.2.7 Country Level Data

    4. Global Functional Beverages Market Landscape

    4.1 Market Overview

    4.2 Porters Five Forces Analysis

    4.3 Value Chain Analysis

    4.4 Expert Opinion

    5. Functional Beverages Market – Key Market Dynamics

    5.1 Market Drivers

    5.1.1 Surging Demand for Beverages with Functional Benefits

    5.1.2 Increasing Healthcare Expenditure

    5.2 Market Restraints

    5.2.1 High Costs of Functional Beverages and Stringent Labeling Norms

    5.3 Market Opportunities

    5.3.1 Hike in Demand for Plant-based Functional Beverages

    5.4 Future Trends

    5.4.1 Growing Popularity of Nootropic Beverages

    5.5 Impact Analysis of Drivers and Restraints

    6. Functional Beverages – Global Market Analysis

    6.1 Functional Beverages Market Overview

    6.2 Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    6.3 Competitive Positioning – Key Market Players

    7. Global Functional Beverages Market Analysis – By Product Type

    7.1 Overview

    7.2 Functional Beverages Market, By Product Type (2020 and 2028)

    7.3 Energy Drinks

    7.3.1 Overview

    7.3.2 Energy Drinks: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    7.4 Sports Drinks

    7.4.1 Overview

    7.4.2 Sports Drinks: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    7.5 Fortified Juices

    7.5.1 Overview

    7.5.2 Fortified Juices: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    7.6 Functional Water

    7.6.1 Overview

    7.6.2 Functional Water: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    7.7 Others

    7.7.1 Overview

    7.7.2 Others: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    8. Functional Beverages Market Analysis – By Distribution Channel

    8.1 Overview

    8.2 Functional Beverages Market, By Distribution Channel (2020 and 2028)

    8.3 Supermarkets and Hypermarkets

    8.3.1 Overview

    8.3.2 Supermarkets and Hypermarkets: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    8.4 Convenience Stores

    8.4.1 Overview

    8.4.2 Convenience Stores: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    8.5 Online Retail

    8.5.1 Overview

    8.5.2 Online Retail: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    8.6 Others

    8.6.1 Overview

    8.6.2 Others: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    9. Global Functional Beverages Market – Geographic Analysis

    9.1 Overview

    9.2 North America

    9.2.1 Overview

    9.2.2 North America: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    9.2.3 North America: Functional Beverages Market, By Product Type

    9.2.4 North America: Functional Beverages Market, by Distribution Channel

    9.2.5 North America: Functional Beverages Market, by Key Country

    9.2.5.1 US: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.5.1.1 US: Functional Beverages Market, By Product Type

    9.2.5.1.2 US: Functional Beverages Market, by Distribution Channel

    9.2.5.2 Canada: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.5.2.1 Canada: Functional Beverages Market, By Product Type

    9.2.5.2.2 Canada: Functional Beverages Market, by Distribution Channel

    9.2.5.3 Mexico: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.5.3.1 Mexico: Functional Beverages Market, By Product Type

    9.2.5.3.2 Mexico: Functional Beverages Market, by Distribution Channel

    9.3 Europe: Functional Beverages Market

    9.3.1 Europe: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    9.3.2 Europe: Functional Beverages Market, By Product Type

    9.3.3 Europe: Functional Beverages Market, by Distribution Channel

    9.3.4 Europe: Functional Beverages Market, by Key Country

    9.3.4.1 Germany: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.1.1 Germany: Functional Beverages Market, By Product Type

    9.3.4.1.2 Germany: Functional Beverages Market, by Distribution Channel

    9.3.4.2 France: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.2.1 France: Functional Beverages Market, By Product Type

    9.3.4.2.2 France: Functional Beverages Market, by Distribution Channel

    9.3.4.3 Italy: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.3.1 Italy: Functional Beverages Market, By Product Type

    9.3.4.3.2 Italy: Functional Beverages Market, by Distribution Channel

    9.3.4.4 UK: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.4.1 UK: Functional Beverages Market, By Product Type

    9.3.4.4.2 UK: Functional Beverages Market, by Distribution Channel

    9.3.4.5 Russia: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.5.1 Russia: Functional Beverages Market, By Product Type

    9.3.4.5.2 Russia: Functional Beverages Market, by Distribution Channel

    9.3.4.6 Rest of Europe: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.6.1 Rest of Europe: Functional Beverages Market, By Product Type

    9.3.4.6.2 Rest of Europe: Functional Beverages Market, by Distribution Channel

    9.4 Asia-Pacific: Functional Beverages Market

    9.4.1 Asia-Pacific: Functional Beverages Market – Analysis and Forecast to 2028 (US$ Million)

    9.4.2 Asia-Pacific: Functional Beverages Market, By Product Type

    9.4.3 Asia-Pacific: Functional Beverages Market, by Distribution Channel

    9.4.4 Asia-Pacific: Functional Beverages Market, by Key Country

    9.4.4.1 Australia: Functional Beverages Market –Analysis and Forecast to 2028 (US$ Million)

    9.4.4.1.1 Australia: Functional Beverages Market, By Product Type

    9.4.4.1.2 Australia: Functional Beverages Market, by Distribution Channel

    9.4.4.2 China: Functional Beverages Market –Analysis and Forecast to 2028 (US$ Million)

    9.4.4.2.1 China: Functional Beverages Market, By Product Type

    9.4.4.2.2 China: Functional Beverages Market, by Distribution Channel

    9.4.4.3 India: Functional Beverages Market –Analysis and Forecast to 2028 (US$ Million)

    9.4.4.3.1 India: Functional Beverages Market, By Product Type

    9.4.4.3.2 India: Functional Beverages Market, by Distribution Channel

    9.4.4.4 Japan: Functional Beverages Market –Analysis and Forecast to 2028 (US$ Million)

    9.4.4.4.1 Japan: Functional Beverages Market, By Product Type

    9.4.4.4.2 Japan: Functional Beverages Market, by Distribution Channel

    9.4.4.5 South Korea: Functional Beverages Market –Analysis and Forecast to 2028 (US$ Million)

    9.4.4.5.1 South Korea: Functional Beverages Market, By Product Type

    9.4.4.5.2 South Korea: Functional Beverages Market, by Distribution Channel

    9.4.4.6 Rest of Asia-Pacific: Functional Beverages Market –Analysis and Forecast to 2028 (US$ Million)

    9.4.4.6.1 Rest of Asia-Pacific: Functional Beverages Market, By Product Type

    9.4.4.6.2 Rest of Asia-Pacific: Functional Beverages Market, by Distribution Channel

    9.5 Middle East and Africa: Functional Beverages Market

    9.5.1 Middle East and Africa: Functional Beverages Market – Analysis and Forecast to 2028 (US$ Million)

    9.5.2 Middle East and Africa: Functional Beverages Market, By Product Type

    9.5.3 Middle East and Africa: Functional Beverages Market, by Distribution Channel

    9.5.4 Middle East and Africa: Functional Beverages Market, by Key Country

    9.5.4.1 South Africa: Functional Beverages Market –Analysis and Forecast to 2028 (US$ Million)

    9.5.4.1.1 South Africa: Functional Beverages Market, By Product Type

    9.5.4.1.2 South Africa: Functional Beverages Market, by Distribution Channel

    9.5.4.2 Saudi Arabia: Functional Beverages Market –Analysis and Forecast to 2028 (US$ Million)

    9.5.4.2.1 Saudi Arabia: Functional Beverages Market, By Product Type

    9.5.4.2.2 Saudi Arabia: Functional Beverages Market, by Distribution Channel

    9.5.4.3 UAE: Functional Beverages Market –Analysis and Forecast to 2028 (US$ Million)

    9.5.4.3.1 UAE: Functional Beverages Market, By Product Type

    9.5.4.3.2 UAE: Functional Beverages Market, by Distribution Channel

    9.5.4.4 Rest of the Middle East and Africa: Functional Beverages Market –Analysis and Forecast to 2028 (US$ Million)

    9.5.4.4.1 Rest of the Middle East and Africa: Functional Beverages Market, By Product Type

    9.5.4.4.2 Rest of the Middle East and Africa: Functional Beverages Market, by Distribution Channel

    9.6 South and Central America: Functional Beverages Market

    9.6.1 South and Central America: Functional Beverages Market – Revenue and Forecast to 2028(US$ Million)

    9.6.2 South and Central America: Functional Beverages Market, By Product Type

    9.6.3 South and Central America: Functional Beverages Market, by Distribution Channel

    9.6.4 South and Central America: Functional Beverages Market, by Key Country

    9.6.4.1 Brazil: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    9.6.4.1.1 Brazil: Functional Beverages Market, By Product Type

    9.6.4.1.2 Brazil: Functional Beverages Market, by Distribution Channel

    9.6.4.2 Argentina: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    9.6.4.2.1 Argentina: Functional Beverages Market, By Product Type

    9.6.4.2.2 Argentina: Functional Beverages Market, by Distribution Channel

    9.6.4.3 Rest of South and Central America: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    9.6.4.3.1 Rest of South and Central America: Functional Beverages Market, By Product Type

    9.6.4.3.2 Rest of South and Central America: Functional Beverages Market, by Distribution Channel

    10. Overview- Impact of Coronavirus Outbreak

    10.1 North America: Impact Assessment of COVID-19 Pandemic

    10.2 Europe: Impact Assessment of COVID-19 Pandemic

    10.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic

    10.4 Middle East & Africa: Impact Assessment of COVID-19 Pandemic

    10.5 South and Central America: Impact Assessment of COVID-19 Pandemic

    11. Company Profiles

    11.1 PepsiCo

    11.1.1 Key Facts

    11.1.2 Business Description

    11.1.3 Products and Services

    11.1.4 Financial Overview

    11.1.5 SWOT Analysis

    11.1.6 Key Developments

    11.2 The Coca-Cola Company

    11.2.1 Key Facts

    11.2.2 Business Description

    11.2.3 Products and Services

    11.2.4 Financial Overview

    11.2.5 SWOT Analysis

    11.2.6 Key Developments

    11.3 Nestle

    11.3.1 Key Facts

    11.3.2 Business Description

    11.3.3 Products and Services

    11.3.4 Financial Overview

    11.3.5 SWOT Analysis

    11.3.6 Key Developments

    11.4 Kraft Foods

    11.4.1 Key Facts

    11.4.2 Business Description

    11.4.3 Products and Services

    11.4.4 Financial Overview

    11.4.5 SWOT Analysis

    11.4.6 Key Developments

    11.5 General Mills

    11.5.1 Key Facts

    11.5.2 Business Description

    11.5.3 Products and Services

    11.5.4 Financial Overview

    11.5.5 SWOT Analysis

    11.5.6 Key Developments

    11.6 Campbell Soup Company

    11.6.1 Key Facts

    11.6.2 Business Description

    11.6.3 Products and Services

    11.6.4 Financial Overview

    11.6.5 SWOT Analysis

    11.6.6 Key Developments

    11.7 Red Bull

    11.7.1 Key Facts

    11.7.2 Business Description

    11.7.3 Products and Services

    11.7.4 Financial Overview

    11.7.5 SWOT Analysis

    11.7.6 Key Developments

    11.8 The Wonderful Company LLC

    11.8.1 Key Facts

    11.8.2 Business Description

    11.8.3 Products and Services

    11.8.4 Financial Overview

    11.8.5 SWOT Analysis

    11.8.6 Key Developments

    11.9 Danone SA

    11.9.1 Key Facts

    11.9.2 Business Description

    11.9.3 Products and Services

    11.9.4 Financial Overview

    11.9.5 SWOT Analysis

    11.9.6 Key Developments

    11.10 Monster Energy Company

    11.10.1 Key Facts

    11.10.2 Business Description

    11.10.3 Products and Services

    11.10.4 Financial Overview

    11.10.5 SWOT Analysis

    11.10.6 Key Developments

    12. Appendix

    12.1 About The Insight Partners

    12.2 Word Index

    LIST OF TABLES

    Table 1. Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Table 2. Global Functional Beverages Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 3. Global Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 4. North America Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 5. North America Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 6. US Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 7. US Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 8. Canada Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 9. Canada Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 10. Mexico Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 11. Mexico Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 12. Europe Functional Beverages Market, By Product Type– Revenue and Forecast to 2028 (US$ Million)

    Table 13. Europe Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 14. Germany Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 15. Germany Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 16. France Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 17. France Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 18. Italy Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 19. Italy Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 20. UK Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 21. UK Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 22. Russia Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 23. Russia Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 24. Rest of Europe Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 25. Rest of Europe Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 26. Asia-Pacific Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 27. Asia-Pacific Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 28. Australia Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 29. Australia Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 30. China Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 31. China Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 32. India Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 33. India Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 34. Japan Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 35. Japan Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 36. South Korea Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 37. South Korea Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 38. Rest of Asia-Pacific Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 39. Rest of Asia-Pacific Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 40. Middle East and Africa Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 41. Middle East and Africa Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 42. South Africa Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 43. South Africa Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 44. Saudi Arabia Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 45. Saudi Arabia Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 46. UAE Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 47. UAE Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 48. Rest of the Middle East and Africa Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 49. Rest of the Middle East and Africa Functional Beverages Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

    Table 50. South and Central America Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 51. South and Central America Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 52. Brazil Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 53. Brazil Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 54. Argentina Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 55. Argentina Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 56. Rest of South and Central America Functional Beverages Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

    Table 57. Rest of South and Central America Functional Beverages Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

    Table 58. List of Abbreviation

    LIST OF FIGURES

    Figure 1. Global Functional Beverages Market Segmentation

    Figure 2. Functional Beverages Market Segmentation – By Geography

    Figure 3. Global Functional Beverages Market Overview

    Figure 4. Functional Beverages Market, By Product Type

    Figure 5. Functional Beverages Market, By Geography

    Figure 6. Global Functional Beverages Market, Industry Landscape

    Figure 7. North America: Porters Analysis

    Figure 8. Europe: Porters Analysis

    Figure 9. Asia-Pacific: Porters Analysis

    Figure 10. Middle East and Africa: Porters Analysis

    Figure 11. South and Central America: Porters Analysis

    Figure 12. Expert Opinion

    Figure 13. Global Functional Beverages Market Impact Analysis of Drivers and Restraints

    Figure 14. Geographic Overview of Functional Beverages Market

    Figure 15. Global: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 16. Functional Beverages Market Revenue Share, By Product Type (2020 and 2028)

    Figure 17. Energy Drinks: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 18. Sports Drinks: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 19. Functional Beverages Market Revenue Share, By Distribution Channel (2020 and 2028)

    Figure 20. Supermarkets and Hypermarkets: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 21. Convenience Stores: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 22. Online Retail: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 23. Others: Functional Beverages Market – Revenue and Forecast To 2028 (US$ Million)

    Figure 24. Global Functional Beverages Market Revenue Share, By Region (2020 and 2028)

    Figure 25. North America: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 26. North America: Functional Beverages Market Revenue Share, By Product Type (2020 and 2028)

    Figure 27. North America: Functional Beverages Market Revenue Share, by Distribution Channel (2020 and 2028)

    Figure 28. North America: Functional Beverages Market Revenue Share, by Key Country (2020 and 2028)

    Figure 29. US: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 30. Canada: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 31. Mexico: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 32. Europe: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 33. Europe: Functional Beverages Market Revenue Share, By Product Type (2020 and 2028)

    Figure 34. Europe: Functional Beverages Market Revenue Share, by Distribution Channel (2020 and 2028)

    Figure 35. Europe: Functional Beverages Market Revenue Share, by Key Country (2020 and 2028)

    Figure 36. Germany: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 37. France: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 38. Italy: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 39. UK: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 40. Russia: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 41. Rest of Europe: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 42. Asia-Pacific: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 43. Asia-Pacific: Functional Beverages Market Revenue Share, By Product Type (2020 and 2028)

    Figure 44. Asia-Pacific: Functional Beverages Market Revenue Share, by Distribution Channel (2020 and 2028)

    Figure 45. Asia-Pacific: Functional Beverages Market Revenue Share, by Key Country (2020 and 2028)

    Figure 46. Australia: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 47. China: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 48. India: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 49. Japan: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 50. South Korea: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 51. Rest of Asia-Pacific: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 52. Middle East and Africa: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 53. Middle East and Africa: Functional Beverages Market Revenue Share, By Product Type (2020 and 2028)

    Figure 54. Middle East and Africa: Functional Beverages Market Revenue Share, by Distribution Channel (2020 and 2028)

    Figure 55. Middle East And Africa: Functional Beverages Market Revenue Share, By Key Country (2020 And 2028)

    Figure 56. South Africa: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 57. Saudi Arabia: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 58. UAE: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 59. Rest of the Middle East and Africa: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 60. South and Central America: Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 61. South and Central America: Functional Beverages Market Revenue Share, By Product Type (2020 and 2028)

    Figure 62. South and Central America: Functional Beverages Market Revenue Share, by Distribution Channel (2020 and 2028)

    Figure 63. South and Central America: Functional Beverages Market Revenue Share, by Key Country (2020 and 2028)

    Figure 64. Brazil: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 65. Argentina: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 66. Rest of South and Central America: Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 67. Impact of COVID-19 Pandemic in North American Country Markets

    Figure 68. Impact of COVID-19 Pandemic in Europe Country Markets

    Figure 69. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

    Figure 70. Impact of COVID-19 Pandemic in the Middle East & Africa Country Markets

    Figure 71. Impact of COVID-19 Pandemic in South and Central America Country Markets

    The List of Companies - Functional Beverages Market

    1. PepsiCo      
    2. The Coca-Cola Company   
    3. Nestlé         
    4. KRAFT Foods          
    5. GENERAL MILLS, INC.       
    6. Danone S.A.          
    7. Monster Energy Company            
    8. Red Bull       
    9. CAMPBELL SOUP COMPANY          
    10. The Wonderful Company LLC.
    • Highlights key business priorities in order to assist companies to realign their business strategies.
    • The key findings and recommendations highlight crucial progressive industry trends in the global functional beverages market, thereby allowing players to develop effective long-term strategies.
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
    • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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