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 is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Functional Beverages market based on company, product type, end user and key regions.
This report studies the global market size of Functional Beverages in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Functional Beverages in these regions.
This research report categorizes the global Functional Beverages market by top players/brands, region, type and end user. This report also studies the global Functional Beverages market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Hain Celestial Group
Kraft Foods Group
Campbell Soup Company
Market size by Product
Fruit & Vegetable Juices
Herbal & Fruit Tea
Market size by End User
Super/ Hyper Stores
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Functional Beverages market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Functional Beverages market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Functional Beverages companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Functional Beverages submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Functional Beverages are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Functional Beverages market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.