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Functional Beverages Market

Functional Beverages Market by Type (Energy Drinks, Sports drinks, Dairy-based beverages, Juices and Others), Distribution Channel (Supermarket and Hypermarket, Specialty Stores, E Commerce and Others), and End User (Athletes, Fitness Lifestyle Users and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13087
Pages: 321
Aug 2021 | 338 Views
   
Author(s) : Anil Kamble , Roshan Deshmukh
Tables: 128
Charts: 58
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The functional beverages market size was valued at $ 110,148.9 million in 2020 and is estimated to reach $200,080.3 million by 2030, registering a CAGR of 5.9% from 2021 to 2030.          

Functional beverages contains nontraditional ingredients like raw fruit, minerals, herbs, probiotics and some artificial ingredients. It provides health benefits beyond their nutritional value and it positively effects on body and mind.  

Functional-Beverages-Market-2021-2030

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Rise in number of fitness enthusiasts and growing consumer inclination towards healthy lifestyle are expected to be the key growth drivers of the functional beverages market. Growing participation of people in sports at national and international level are likely to increase the number of athletes, which in turn accelerate the growth throughout functional beverages market forecast period. Functional beverages processing companies are launching beavers with low calorie and fats, and adding fruit and vegetable flavoring additives for appealing to refined taste owing to growing number casual users for sports and energy drinks. Casual users of the functional beverages are those who drinks functional beverages just for fun. Furthermore, distribution channel plays vital role in the growth of the functional beverages market. Thus, specialty store and supermarket and hypermarket are considerably contributing for the growth of the market. 

Furthermore, risk associated with energy drink consumption and availability of the healthy substitute are likely hold back the growth of the functional beverages market during the forecast period.  For instance, the major health issues associated with energy drink consumption are primarily related to the caffeine content. Excess consumption of caffeine can cause hypertension, palpitation, dieresis nausea, central nervous system stimulations, and vomiting.

Functional beverages is a new product and concept of fulfilling food and beverage deficiencies, which require retail sector for its wide area distribution. Rapidly increasing number of large retail stores including supermarkets and hypermarkets and speciality stores in developing economies has enabled easier availability of functional beverages, as these stores are helps to increase the sales of function beverages products

According to the functional beverages market analysis, the functional beverages market segmented into type, distribution channel, end user and region. On the basis of type, the market is categorized into energy drinks, sports drinks, dairy-based beverages, juices and others. By distribution channel, it is bifurcated into supermarket and hypermarket, specialty stores, E-commerce and others. Depending on end user, it is segregated into athletes, fitness lifestyle users and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, Australia, India and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa and Rest of LAMEA).

According to the functional beverages market trends, on the basis of type, the energy drinks segment was the highest contributor to the market, with $44,801.2 million in 2020, and is estimated to reach $75,365.0 million by 2030, at a CAGR of 5.1% during the forecast period. Energy drinks are provides instant energy along with providing mental and physical stimulation. The main ingredient, which helps in providing stimuli, is caffeine. Taurine is another major component, which is essential for cardiovascular function and skeletal muscle development. Various manufacturing companies are focusing on innovations and launching organic energy drinks with different flavors, which meet up the nutritional demand of consumers, which further garner the growth of functional beverages through energy drink segment.

Functional Beverages Market
By Type

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Energy Drinks segment helds the major share of 40.7% in 2020

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According to the distribution channel, the supermarket and hypermarket segment was the highest contributor to the market, with $43,578.6 million in 2020, and is estimated to reach $73,333.8 million by 2030, at a CAGR of 5.1% during the forecast period. Supermarket and hypermarkets accommodates variety of products including functional beverages, grocery products and merchandises under one roof. Hypermarkets allow customers to satisfy all their shopping needs. Supermarket and hypermarket focus on maximizing product sales to increase their profit margins. Supermarket effectively display variety of functional beverages products of different brands. In North America and Europe, supermarkets and hypermarkets are the most preferred retail outlets for purchase of consumer goods. Increasing urbanization, rising working class population and competitive pricing is boosting the popularity of supermarket and hypermarkets in the developed and developing region. 

Functional Beverages Market
By Distribution Channel

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Supermarket and Hypermarket segment helds the major share of 39.6% in 2020

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Depending on end user, the fitness lifestyle users segment was the valued at 35,319.6 million in 2020, and is estimated to reach $ 58,588.5 million by 2030, at a CAGR of 4.9% during the forecast period. Fitness lifestyle users is evolving category of the health and fitness conscious category people who   perceive fitness and sports performance as part of their daily activities. Growing health concerns and awareness regarding the benefits daily exercise and yoga are likely to increase the number of fitness lifestyle users. Furthermore, growing obese population and increasing enrolment for the health & gym clubs are expected to support the growth of the functional beverages market through fitness lifestyle users segment.

Functional Beverages Market
By End User

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Fitness Lifestyle Users segment helds the major share of 43.8% in 2020

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Region wise, North America garnered the major functional beverages market share in 2020, and is expected to maintain its dominance throughout the forecast period.  The product market in North America remains largely unaffected by changing consumer attitude, in spite increase in preference for more natural ingredients. In addition, the market growth in this region is driven by upsurge in demand from young adults and athletes. Furthermore, functional beverages including sports and energy drink enhance performance and stamina of athletes and fitness lifestyle users, thus driving the demand for dairy based beverages and sports drinks. Therefore, all these factors are expected to foster the functional beverages market growth in this region. The growth of product market in North America is attributable for presences of leading sports and energy functional beverages companies in region such as Monster Beverage Corp, Red Bull GmbH, and Dr Pepper Snapple Group Inc.,

Functional Beverages Market
By Region

2030
North America 
Europe
Asia Pacific
Lamea

North America region helds the major share of 39.5% in 2020

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The players operating in the global functional beverages industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Red Bull, Dupont Nutrition Biosciences ApS, MaxiNutrition, Clif Bar, The Coca-Cola Company, Monster Beverage Corporation, Meiji Co., Ltd, Nestlé S.A., National Beverage Corp., and Pepsico, Inc..

Key Benefits For Stakeholders

  • The report provides a quantitative analysis of the current trends, estimations, and dynamics of the market size from 2020-2030 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size and segmentation assist to determine the prevailing market opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the market. 
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the functional beverages market.

Key Market Segments  

By Type

  • Energy Drinks
  • Sports drinks
  • Dairy-based beverages
  • Juices
  • Others 

By Distribution Channel

  • Supermarket and Hypermarket
  • Specialty Stores
  • E Commerce
  • Others 

By End User 

  • Athletes
  • Fitness Lifestyle Users
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Australia
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Value chain analysis
3.4.Porter’s five forces analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in demand for functional beverages in developing nations
3.5.1.2.Rise in consumption of natural sports drinks
3.5.1.3.Increase in purchasing power

3.5.2.Restraints

3.5.2.1.Availability of healthier substitutes
3.5.2.2.Stringent regulations and international quality standards
3.5.2.3.Government regulations for storage

3.5.3.Opportunities

3.5.3.1.Increase in investments by small- & mid-sized food product manufacturing companies
3.5.3.2.Rapid growth of the retail sector
3.5.3.3.Rise in demand for natural botanicals infused drinks and relaxation drinks

3.6.Market share analysis (2020)

3.6.1.By type
3.6.2.By distribution channel
3.6.3.By end user
3.6.4.By region

3.7.Parent market analysis
3.8.Impact of COVID-19 on functional beverages market

CHAPTER 4:FUNCTIONAL BEVERAGES MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Energy drinks

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast

4.3.Sports drinks

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast

4.4.Dairy-based beverages

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast

4.5.Juices

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast

4.6.Others

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast

CHAPTER 5:FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL

5.1.Overview

5.1.1.Market size and forecast

5.2.Supermarket & hypermarket

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast

5.3.Specialty stores

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast

5.4.E-Commerce

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast

5.5.Others

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast

CHAPTER 6:FUNCTIONAL BEVERAGES MARKET, BY END USER

6.1.Overview

6.1.1.Market size and forecast

6.2.Athletes

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast

6.3.Fitness lifestyle users

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast

6.4.Others

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast

CHAPTER 7:FUNCTIONAL BEVERAGES MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by type
7.2.3.Market size and forecast, by distribution channel
7.2.4.Market size and forecast, by end user
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by type
7.2.5.1.2.Market size and forecast, by distribution channel
7.2.5.1.3.Market size and forecast, by end user

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by type
7.2.5.2.2.Market size and forecast, by distribution channel
7.2.5.2.3.Market size and forecast, by end user

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by type
7.2.5.3.2.Market size and forecast, by distribution channel
7.2.5.3.3.Market size and forecast, by end user

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by type
7.3.3.Market size and forecast, by distribution channel
7.3.4.Market size and forecast, by end user
7.3.5.Market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by type
7.3.5.1.2.Market size and forecast, by distribution channel
7.3.5.1.3.Market size and forecast, by end user

7.3.5.2.France

7.3.5.2.1.Market size and forecast, by type
7.3.5.2.2.Market size and forecast, by distribution channel
7.3.5.2.3.Market size and forecast, by end user

7.3.5.3.UK

7.3.5.3.1.Market size and forecast, by type
7.3.5.3.2.Market size and forecast, by distribution channel
7.3.5.3.3.Market size and forecast, by end user

7.3.5.4.Italy

7.3.5.4.1.Market size and forecast, by type
7.3.5.4.2.Market size and forecast, by distribution channel
7.3.5.4.3.Market size and forecast, by end user

7.3.5.5.Spain

7.3.5.5.1.Market size and forecast, by type
7.3.5.5.2.Market size and forecast, by distribution channel
7.3.5.5.3.Market size and forecast, by end user

7.3.5.6.Russia

7.3.5.6.1.Market size and forecast, by type
7.3.5.6.2.Market size and forecast, by distribution channel
7.3.5.6.3.Market size and forecast, by end user

7.3.5.7.Rest of Europe

7.3.5.7.1.Market size and forecast, by type
7.3.5.7.2.Market size and forecast, by distribution channel
7.3.5.7.3.Market size and forecast, by end user

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by distribution channel
7.4.4.Market size and forecast, by end user
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by type
7.4.5.1.2.Market size and forecast, by distribution channel
7.4.5.1.3.Market size and forecast, by end user

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by type
7.4.5.2.2.Market size and forecast, by distribution channel
7.4.5.2.3.Market size and forecast, by end user

7.4.5.3.Australia

7.4.5.3.1.Market size and forecast, by type
7.4.5.3.2.Market size and forecast, by distribution channel
7.4.5.3.3.Market size and forecast, by end user

7.4.5.4.India

7.4.5.4.1.Market size and forecast, by type
7.4.5.4.2.Market size and forecast, by distribution channel
7.4.5.4.3.Market size and forecast, by end user

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by type
7.4.5.5.2.Market size and forecast, by distribution channel
7.4.5.5.3.Market size and forecast, by end user

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by distribution channel
7.5.4.Market size and forecast, by end user
7.5.5.Market size and forecast, by country

7.5.5.1.Brazil

7.5.5.1.1.Market size and forecast, by type
7.5.5.1.2.Market size and forecast, by distribution channel
7.5.5.1.3.Market size and forecast, by end user

7.5.5.2.Argentina

7.5.5.2.1.Market size and forecast, by type
7.5.5.2.2.Market size and forecast, by distribution channel
7.5.5.2.3.Market size and forecast, by end user

7.5.5.3.Saudi Arabia

7.5.5.3.1.Market size and forecast, by type
7.5.5.3.2.Market size and forecast, by distribution channel
7.5.5.3.3.Market size and forecast, by end user

7.5.5.4.South Africa

7.5.5.4.1.Market size and forecast, by type
7.5.5.4.2.Market size and forecast, by distribution channel
7.5.5.4.3.Market size and forecast, by end user

7.5.5.5.Rest of LAMEA

7.5.5.5.1.Market size and forecast, by type
7.5.5.5.2.Market size and forecast, by distribution channel
7.5.5.5.3.Market size and forecast, by end user

CHAPTER 8:COMPETITION LANDSCAPE

8.1.Competitive dashboard
8.2.Competitive heatmap
8.3.MARKET PLAYER POSITIONING, 2020

CHAPTER 9:COMPANY PROFILES

9.1.Red Bull

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Product portfolio
9.1.4.Key strategic moves and developments

9.2.Dupont Nutrition Biosciences ApS

9.2.1.Company overview
9.2.2.Key executive
9.2.3.Company snapshot
9.2.4.Product portfolio
9.2.5.Business performance

9.3.MaxiNutrition

9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Product portfolio

9.4.Clif Bar

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Product portfolio

9.5.The Coca-Cola Company

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.Operating business segments
9.5.6.Key strategic moves and developments
9.5.7.Business performance
9.5.8.THE COCA-COLA COMPANY: NET OPERATING REVENUES, 2018–2020 ($MILLION)

9.6.MONSTER BEVERAGE CORPORATION

9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.Business performance
9.6.7.Key strategic moves and developments

9.7.MEIJI CO., LTD.

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Product portfolio
9.7.5.Business performance

9.8.NESTLÉ S.A.

9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Product portfolio
9.8.5.Key strategic moves and developments

9.9.National Beverage Corp.

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Product portfolio
9.9.4.Business performance

9.10.Pepsico, Inc.

9.10.1.Company overview
9.10.2.Operating business segments
9.10.3.Product portfolio
9.10.4.Business performance
9.10.5.Key strategic moves and developments

9.11.DISCLAIMER

TABLE 01.FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 02.FUNCTIONAL ENERGY DRINKS MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 03.FUNCTIONAL SPORTS DRINKS MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 04.FUNCTIONAL DAIRY-BASED BEVERAGES MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 05.FUNCTIONAL JUICES MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 06.FUNCTIONAL OTHERS BEVERAGES MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 07.GLOBAL FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 08.FUNCTIONAL BEVERAGES MARKET FOR SUPERMARKET & HYPERMARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 09.FUNCTIONAL BEVERAGES MARKET FOR SPECIALTY STORES, BY REGION, 2020–2030 ($MILLION)
TABLE 10.FUNCTIONAL BEVERAGES MARKET FOR E-COMMERCE, BY REGION, 2020–2030 ($MILLION)
TABLE 11.FUNCTIONAL BEVERAGES MARKET FOR OTHERS DISTRIBUTION CHANNELS, BY REGION, 2020–2030 ($MILLION)
TABLE 12.FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 13.FUNCTIONAL BEVERAGES MARKET FOR ATHLETES, BY REGION, 2020–2030 ($MILLION)
TABLE 14.FUNCTIONAL BEVERAGES MARKET FOR FITNESS LIFESTYLE USERS , BY REGION, 2020–2030 ($MILLION)
TABLE 15.OTHERS FUNCTIONAL BEVERAGES MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 16.FUNCTIONAL BEVERAGES MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 17.NORTH AMERICA FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 18.NORTH AMERICA FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 19.NORTH AMERICA FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 20.NORTH AMERICA FUNCTIONAL BEVERAGES MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 21.U.S. FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 22.U.S FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 23.U.S. FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 24.CANADA FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 25.CANADA FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 26.CANADA FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 27.MEXICO FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 28.MEXICO FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 29.MEXICO FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 30.EUROPE FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 31.EUROPE FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 32.EUROPE FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 33.EUROPE FUNCTIONAL BEVERAGES MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 34.GERMANY FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 35.GERMANY FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 36.GERMANY FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 37.FRANCE FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 38.FRANCE FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 39.FRANCE FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 40.UK FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 41.UK FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 42.UK FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 43.ITALY FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 44.ITALY FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 45.ITALY FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 46.SPAIN FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 47.SPAIN FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 48.SPAIN FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 49.RUSSIA FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 50.RUSSIA FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 51.RUSSIA FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 52.REST OF EUROPE FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 53.REST OF EUROPE FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 54.REST OF EUROPE FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 55.ASIA-PACIFIC FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 56.ASIA-PACIFIC FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 57.ASIA-PACIFIC FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 58.ASIA-PACIFIC FUNCTIONAL BEVERAGES MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 59.CHINA FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 60.CHINA FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 61.CHINA FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 62.JAPAN FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 63.JAPAN FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 64.JAPAN FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 65.AUSTRALIA FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 66.AUSTRALIA FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 67.AUSTRALIA FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 68.INDIA FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 69.INDIA FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 70.INDIA FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 71.REST OF ASIA-PACIFIC FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 72.REST OF ASIA-PACIFIC FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 73.REST OF ASIA-PACIFIC FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 74.LAMEA FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 75.LAMEA FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 76.LAMEA FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 77.LAMEA FUNCTIONAL BEVERAGES MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 78.BRAZIL FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 79.BRAZIL FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 80.BRAZIL FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 81.ARGENTINA FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 82.ARGENTINA FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 83.ARGENTINA FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 84.SAUDI ARABIA FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 85.SAUDI ARABIA FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 86.SAUDI ARABIA FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 87.SOUTH AFRICA FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 88.SOUTH AFRICA FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 89.SOUTH AFRICA FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 90.REST OF LAMEA FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 91.REST OF LAMEA FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 92.REST OF LAMEA FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 93.RED BULL: COMPANY SNAPSHOT
TABLE 94.RED BULL: PRODUCT PORTFOLIO
TABLE 95.RED BULL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 96.DUPONT NUTRITION BIOSCIENCES APS: KEY EXECUTIVE
TABLE 97.DUPONT NUTRITION BIOSCIENCES APS: COMPANY SNAPSHOT
TABLE 98.DUPONT NUTRITION BIOSCIENCES APS: PRODUCT PORTFOLIO
TABLE 99.MAXINUTRITION: KEY EXECUTIVES
TABLE 100.MAXINUTRITION: COMPANY SNAPSHOT
TABLE 101.MAXINUTRITION: PRODUCT PORTFOLIO
TABLE 102.CLIF BAR: KEY EXECUTIVES
TABLE 103.CLIF BAR: COMPANY SNAPSHOT
TABLE 104.CLIF BAR: PRODUCT PORTFOLIO
TABLE 105.THE COCA-COLA COMPANY: KEY EXECUTIVES
TABLE 106.THE COCA-COLA COMPANY: COMPANY SNAPSHOT
TABLE 107.THE COCA-COLA COMPANY: PRODUCT PORTFOLIO
TABLE 108.THE COCA-COLA COMPANY: OPERATING SEGMENT
TABLE 109.THE COCA-COLA COMPANY: NET OPERATING REVENUES, 2018–2020 ($MILLION)
TABLE 110.MONSTER BEVERAGE CORPORATION: KEY EXECUTIVES
TABLE 111.MONSTER BEVERAGE CORPORATION: COMPANY SNAPSHOT
TABLE 112.MONSTER BEVERAGE CORPORATION: PRODUCT PORTFOLIO
TABLE 113.MONSTER BEVERAGE CORPORATION: NET SALES, 2018–2020 ($MILLION)
TABLE 114.MEIJI CO., LTD.: KEY EXECUTIVES
TABLE 115.MEIJI CO., LTD.: COMPANY SNAPSHOT
TABLE 116.MEIJI CO., LTD.: PRODUCT PORTFOLIO
TABLE 117.MEIJI CO., LTD.: NET SALES, 2018–2020 ($MILLION)
TABLE 118.NESTLÉ S.A.: KEY EXECUTIVES
TABLE 119.NESTLÉ S.A.: COMPANY SNAPSHOT
TABLE 120.NESTLÉ S.A.: PRODUCT PORTFOLIO
TABLE 121.NESTLÉ S.A.: PRODUCT PORTFOLIO
TABLE 122.NATIONAL BEVERAGE CORP.: COMPANY SNAPSHOT
TABLE 123.NATIONAL BEVERAGE CORP.: PRODUCT PORTFOLIO
TABLE 124.NATIONAL BEVERAGE CORP.:NET SALES, 2017-2019 ($MILLION)
TABLE 125.COMPANY SNAPSHOT
TABLE 126.PEPSICO, INC.: OPERATING SEGMENT
TABLE 127.PEPSICO, INC.: PRODUCT PORTFOLIO
TABLE 128.PEPSICO, INC.: NET SALES, 2016-2018 ($MILLION)

FIGURE 01.GLOBAL FUNCTIONAL BEVERAGES MARKET SNAPSHOT, 2021–2030
FIGURE 02.GLOBAL FUNCTIONAL BEVERAGES MARKET SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.VALUE CHAIN ANALYSIS
FIGURE 05.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE BARGAINING POWER OF BUYERS
FIGURE 07.HIGH THREAT OF SUBSTITUTION
FIGURE 08.HIGH THREAT OF NEW ENTRANTS
FIGURE 09.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 10.FUNCTIONAL BEVERAGES MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 11.MARKET SHARE ANALYSIS, BY TYPE
FIGURE 12.MARKET SHARE ANALYSIS, BY DISTRIBUTION CHANNEL
FIGURE 13.MARKET SHARE ANALYSIS, BY END USER
FIGURE 14.MARKET SHARE ANALYSIS, BY REGION
FIGURE 15.PARENT MARKET ANALYSIS FOR FUNCTIONAL BEVERAGES MARKET
FIGURE 17.FUNCTIONAL BEVERAGES MARKET, BY TYPE, 2020 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL ENERGY DRINKS MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF  FUNCTIONAL SPORTS DRINKS MARKET, BY COUNTRY 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL DAIRY-BASED BEVERAGES MARKET, BY COUNTRY 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL JUICES MARKET, BY COUNTRY 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL OTHERS BEVERAGES MARKET, BY COUNTRY 2020 & 2030 (%)
FIGURE 23.FUNCTIONAL BEVERAGES MARKET, BY DISTRIBUTION CHANNEL, 2020 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL BEVERAGES MARKET FOR SUPERMARKET & HYPERMARKET, BY COUNTRY 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL BEVERAGES MARKET FOR SPECIALTY STORES, BY COUNTRY 2020 & 2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL BEVERAGES MARKET FOR E-COMMERCE, BY COUNTRY 2020 & 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL BEVERAGES MARKET FOR OTHERS DISTRIBUTION CHANNLES, BY COUNTRY 2020 & 2030 (%)
FIGURE 28.GLOBAL FUNCTIONAL BEVERAGES MARKET, BY END USER, 2020 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL BEVERAGES MARKET FOR ATHLETES, BY COUNTRY 2020 & 2030 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL BEVERAGES MARKET FOR FITNESS LIFESTYLE USERS, BY COUNTRY 2020 & 2030 (%)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL BEVERAGES MARKET FOR OTHERS END USERS, BY COUNTRY 2020 & 2030 (%)
FIGURE 32.FUNCTIONAL BEVERAGES MARKET, BY REGION, 2020 (%)
FIGURE 33.U.S.FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 34.CANADA FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 35.MEXICO FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 36.GERMANY FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 37.FRANCE FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 38.UK FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 39.ITALY FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 40.SPAIN FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 41.RUSSIA FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 42.REST OF EUROPE FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 43.CHINA FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 44.JAPAN FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 45.AUSTRALIA FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 46.INDIA FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 47.REST OF ASIA-PACIFIC FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 48.BRAZIL FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 49.ARGENTINA FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 50.SAUDI ARABIA FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 51.SOUTH AFRICA FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 52.REST OF LAMEA FUNCTIONAL BEVERAGES MARKET, 2020–2030 ($MILLION)
FIGURE 53.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 54.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 55.MARKET PLAYER POSITIONING, 2020
FIGURE 56.DUPONT NUTRITION BIOSCIENCES APS: NET SALES, 2018–2020 ($MILLION)
FIGURE 57.PEPSICO, INC.: REVENUE BY REGION, 2018 (%)
FIGURE 58.PEPSICO, INC.: REVENUE BY SEGMENT, 2018 (%)

 
 

Functional beverages contain raw fruit, minerals, herbs, probiotics and some artificial ingredients which fortify the nutritional value of the beverages and it can address the specific needs of the diseases. Sports and energy drinks collectively accounting for highest share in functional beverages market and is expected to grow at considerable CAGR growth rate especially in developing countries such as India and China.  Growing participation of the people in sports related activities, increasing enrolment for fitness centers and health clubs and increasing popularity of the adventurous tours like motor biking, treking and mountain climbing are likely to encourage people to consume instant energy food and beverages, thereby increase the demand for functional beverages.

In 2020, North America dominated the global functional beverages market, owing to increase in health concerns and rise in awareness toward the benefits of consuming energy drinks. The Asia-Pacific region is anticipated to grow at the highest rate during the forecast period, owing to surge in disposable income and change in demographics.

Existing challenges, such as close substitutes and lack of awareness regarding functional beverages benefits, are expected to hamper the growth of the functional beverages market during the forecast period. Furthermore, lack of proper distribution channel in rural and remote area and increasing inclination of the people for fresh, natural, organic and artificial additives less beverages are key challenges facing by the functional beverages processing companies.

 

 

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A. The functional beverages market size was valued at $ 110,148.9 million in 2020 and is estimated to reach $200,080.3 million by 2030, registering a CAGR of 5.9% from 2021 to 2030.

A. 2021-2030 is the forecast period in the Functional Beverages Market report.

A. 2020 is the base year calculated in the Functional Beverages Market report.

A. Red Bull, Dupont Nutrition Biosciences ApS, MaxiNutrition, Clif Bar, The Coca-Cola Company and Monster Beverage Corporation are some of the top companies hold the market share in the Functional Beverages Market.

A. Sports drink is the most influencing segment growing in the Functional Beverages Market report.

A. North America holds the maximum market share of the Functional Beverages Market.

A. Companies are selected on the basis of product portfolio, geographic presence, market share, merger, partnership, and acquisitions.

A. The functional beverages market size was valued at $ 110,148.9 million in 2020.

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