The Functional Beverages Market Study forecasts the market size across 6 regions and 24 countries for diverse segments including-Type (Probiotic Drinks, Energy Drinks, Fruit and Vegetable Juices, Herbal and Fruit Tea), Product (Organic, Conventional), Application (Residential, Cafes, Restaurants, Others), Distribution Channel (Supermarkets and Hypermarkets, Department Stores, Grocery Retailers, Online).
Functional Beverages: The market for functional beverages is driven by consumer interest in beverages that offer health benefits beyond basic hydration. Key drivers include the demand for beverages enriched with vitamins, minerals, botanicals, or other functional ingredients targeting specific health concerns or wellness trends.
The most prominent trend in the functional beverages market is the growing demand for health and wellness products. As consumers become increasingly health-conscious, there is a rising preference for beverages that offer functional benefits, such as enhanced hydration, immune support, energy boost, or stress relief. This trend drives innovation in the functional beverages sector, leading to the development of drinks that not only quench thirst but also provide additional nutritional and functional advantages, aligning with the broader emphasis on well-being.
A key driver propelling the functional beverages market is the rise in consumer awareness of the nutritional impact of their beverage choices. With an increasing focus on preventive health measures and a desire for products that contribute to overall well-being, consumers are actively seeking beverages that go beyond basic hydration. Functional beverages, fortified with vitamins, minerals, antioxidants, and other health-promoting ingredients, meet this demand and are driving the market as consumers prioritize the nutritional value of their drink selections.
An untapped opportunity within the functional beverages market lies in the development of personalized and targeted formulations. Companies can explore creating beverages tailored to specific health needs or lifestyle preferences. This could involve formulating functional beverages for different demographics, such as athletes, busy professionals, or those with specific dietary requirements. By offering personalized and targeted solutions, functional beverage brands can tap into niche markets, enhance consumer loyalty, and address individualized health concerns, presenting an opportunity for market differentiation and expansion.
Type
Probiotic Drinks
Energy Drinks
Fruit and Vegetable Juices
Herbal and Fruit Tea
Product
Organic
Conventional
Application
Residential
Cafes
Restaurants
Others
Distribution Channel
Supermarkets and Hypermarkets
Department Stores
Grocery Retailers
Online
Geographical Segmentation
• North America (US, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, South East Asia, Rest of Asia Pacific)
• South America (Brazil, Argentina, Rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, Egypt, South Africa, Nigeria, Rest of Africa)
The Coca-Cola Company
PepsiCo, Inc.
The Hain Celestial Group, Inc.
Red Bull GmbH
Glanbia plc
Nutrient Survival
Tesla Nootropics
Neurobrands, LLC
• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Functional Beverages Market, encompassing current market size, growth trends, and forecasts till 2030.
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TABLE OF CONTENTS
1 Introduction To 2024 Functional Beverages Markets
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Included
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Functional Beverages Market Size Outlook, $ Million, 2021 to 2030
3.2 Functional Beverages Market Outlook by Type, $ Million, 2021 to 2030
3.3 Functional Beverages Market Outlook by Product, $ Million, 2021 to 2030
3.4 Functional Beverages Market Outlook by Application, $ Million, 2021 to 2030
3.5 Functional Beverages Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Functional Beverages Industry
4.2 Key Market Trends in Functional Beverages Industry
4.3 Potential Opportunities in Functional Beverages Industry
4.4 Key Challenges in Functional Beverages Industry
5 Market Factor Analysis
5.1 Competitive Landscape
5.1.1 Global Functional Beverages Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Functional Beverages Market Outlook by Segments
7.1 Functional Beverages Market Outlook by Segments
Type
Probiotic Drinks
Energy Drinks
Fruit and Vegetable Juices
Herbal and Fruit Tea
Product
Organic
Conventional
Application
Residential
Cafes
Restaurants
Others
Distribution Channel
Supermarkets and Hypermarkets
Department Stores
Grocery Retailers
Online
8 North America Functional Beverages Market Analysis and Outlook To 2030
8.1 Introduction to North America Functional Beverages Markets in 2024
8.2 North America Functional Beverages Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Functional Beverages Market size Outlook by Segments, 2021-2030
Type
Probiotic Drinks
Energy Drinks
Fruit and Vegetable Juices
Herbal and Fruit Tea
Product
Organic
Conventional
Application
Residential
Cafes
Restaurants
Others
Distribution Channel
Supermarkets and Hypermarkets
Department Stores
Grocery Retailers
Online
9 Europe Functional Beverages Market Analysis and Outlook To 2030
9.1 Introduction to Europe Functional Beverages Markets in 2024
9.2 Europe Functional Beverages Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Functional Beverages Market size Outlook by Segments, 2021-2030
Type
Probiotic Drinks
Energy Drinks
Fruit and Vegetable Juices
Herbal and Fruit Tea
Product
Organic
Conventional
Application
Residential
Cafes
Restaurants
Others
Distribution Channel
Supermarkets and Hypermarkets
Department Stores
Grocery Retailers
Online
10 Asia Pacific Functional Beverages Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Functional Beverages Markets in 2024
10.2 Asia Pacific Functional Beverages Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Functional Beverages Market size Outlook by Segments, 2021-2030
Type
Probiotic Drinks
Energy Drinks
Fruit and Vegetable Juices
Herbal and Fruit Tea
Product
Organic
Conventional
Application
Residential
Cafes
Restaurants
Others
Distribution Channel
Supermarkets and Hypermarkets
Department Stores
Grocery Retailers
Online
11 South America Functional Beverages Market Analysis and Outlook To 2030
11.1 Introduction to South America Functional Beverages Markets in 2024
11.2 South America Functional Beverages Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Functional Beverages Market size Outlook by Segments, 2021-2030
Type
Probiotic Drinks
Energy Drinks
Fruit and Vegetable Juices
Herbal and Fruit Tea
Product
Organic
Conventional
Application
Residential
Cafes
Restaurants
Others
Distribution Channel
Supermarkets and Hypermarkets
Department Stores
Grocery Retailers
Online
12 Middle East and Africa Functional Beverages Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Functional Beverages Markets in 2024
12.2 Middle East and Africa Functional Beverages Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Functional Beverages Market size Outlook by Segments, 2021-2030
Type
Probiotic Drinks
Energy Drinks
Fruit and Vegetable Juices
Herbal and Fruit Tea
Product
Organic
Conventional
Application
Residential
Cafes
Restaurants
Others
Distribution Channel
Supermarkets and Hypermarkets
Department Stores
Grocery Retailers
Online
List of Companies
The Coca-Cola Company
PepsiCo, Inc.
The Hain Celestial Group, Inc.
Red Bull GmbH
Glanbia plc
Nutrient Survival
Tesla Nootropics
Neurobrands, LLC
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
Type/brProbiotic Drinks /brEnergy Drinks /brFruit and Vegetable Juices /brHerbal and Fruit Tea /br/brProduct /brOrganic /brConventional/br/brApplication/brResidential /brCafes /brRestaurants /brOthers /br/brDistribution Channel/brSupermarkets and Hypermarkets /brDepartment Stores /brGrocery Retailers/brOnline
The global Functional Beverages Market is one of the lucrative growth markets, poised to register a 7.2% growth (CAGR) between 2024 and 2030.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
The Coca-Cola Company, PepsiCo, Inc., The Hain Celestial Group, Inc., Red Bull GmbH, Glanbia plc, Nutrient Survival, Tesla Nootropics, Neurobrands, LLC
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume