Functional Beverages Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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The global functional beverages market size reached US$ 125.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 205.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.75% during 2023-2028.
Functional beverages refer to non-alcoholic drinks containing non-traditional ingredients such as vitamins, minerals, dietary fibers, amino acids, raw fruits, and probiotics. Sports drinks, energy drinks, herbal tea, vitamin water, and fruit drinks with additives are some commonly available functional beverages. They are widely consumed to improve health, energy, athletic endurance, and hydration. Functional beverages assist in delivering nutrients and bioactive compounds to the body, including antioxidants, fatty acids, fibers, plant extracts, and micronutrients. As a result, their consumption promotes a healthy cardiovascular system, improves digestion, prevents cancer, boosts immunity, regulates weight loss, strengthens joints, and enhances memory.
Functional Beverages Market Trends:
The global functional beverages market is primarily being driven by significant growth in the food and beverage (F&B) industry due to the increasing demand for healthy and high nutritional food products. In line with this, the increasing product demand can also be attributed to rising consumer health consciousness and the growing participation in sports and allied activities to provide instant energy, prevent dehydration, and improve overall health. Additionally, the launch of organic, vegan protein, cannabidiol (CBD)- and plant-based, non-genetically modified organism (non-GMO), and allergen-free functional drinks is providing an impetus to market growth. Besides this, emerging trends in beverage consumption and related demographics, such as age and gender-specific functional beverages, that cater to the specific needs of kids, women, and the geriatric population is creating a positive outlook for the market. Furthermore, recent innovations in packaging, such as single-serve and ready-to-drink (RTD) packaging, to address the rising demand for convenient functional beverages are supporting the market growth. Other factors, including rising consumer expenditure capacities, easy product availability across various retail platforms, and extensive celebrity endorsements and promotional activities by key players to broaden the consumer base, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global functional beverages market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, distribution channel and end user.
Breakup by Type:
Energy Drinks
Sports drinks
Dairy-based Beverages
Juices
Others
Breakup by Distribution Channel:
Supermarket and Hypermarket
Specialty Stores
E-commerce
Others
Breakup by End User:
Athletes
Fitness Lifestyle Users
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amway Corp., Campbell Soup Company, Clif Bar & Company, GNC Holdings LLC (Harbin Pharmaceutical Group Co. Ltd), The Kraft Heinz Company, Monster Beverage Corporation, National Beverage Corp., Pepsico Inc., Red Bull GmbH and The Coca-Cola Company.
Key Questions Answered in This Report
1. What was the size of the global functional beverages market in 2022?
2. What is the expected growth rate of the global functional beverages market during 2023-2028?
3. What are the key factors driving the global functional beverages market?
4. What has been the impact of COVID-19 on the global functional beverages market?
5. What is the breakup of the global functional beverages market based on the type?
6. What is the breakup of the global functional beverages market based on the distribution channel?
7. What is the breakup of the global functional beverages market based on end user?
8. What are the key regions in the global functional beverages market?
9. Who are the key players/companies in the global functional beverages market?
Functional beverages refer to non-alcoholic drinks containing non-traditional ingredients such as vitamins, minerals, dietary fibers, amino acids, raw fruits, and probiotics. Sports drinks, energy drinks, herbal tea, vitamin water, and fruit drinks with additives are some commonly available functional beverages. They are widely consumed to improve health, energy, athletic endurance, and hydration. Functional beverages assist in delivering nutrients and bioactive compounds to the body, including antioxidants, fatty acids, fibers, plant extracts, and micronutrients. As a result, their consumption promotes a healthy cardiovascular system, improves digestion, prevents cancer, boosts immunity, regulates weight loss, strengthens joints, and enhances memory.
Functional Beverages Market Trends:
The global functional beverages market is primarily being driven by significant growth in the food and beverage (F&B) industry due to the increasing demand for healthy and high nutritional food products. In line with this, the increasing product demand can also be attributed to rising consumer health consciousness and the growing participation in sports and allied activities to provide instant energy, prevent dehydration, and improve overall health. Additionally, the launch of organic, vegan protein, cannabidiol (CBD)- and plant-based, non-genetically modified organism (non-GMO), and allergen-free functional drinks is providing an impetus to market growth. Besides this, emerging trends in beverage consumption and related demographics, such as age and gender-specific functional beverages, that cater to the specific needs of kids, women, and the geriatric population is creating a positive outlook for the market. Furthermore, recent innovations in packaging, such as single-serve and ready-to-drink (RTD) packaging, to address the rising demand for convenient functional beverages are supporting the market growth. Other factors, including rising consumer expenditure capacities, easy product availability across various retail platforms, and extensive celebrity endorsements and promotional activities by key players to broaden the consumer base, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global functional beverages market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, distribution channel and end user.
Breakup by Type:
Energy Drinks
Sports drinks
Dairy-based Beverages
Juices
Others
Breakup by Distribution Channel:
Supermarket and Hypermarket
Specialty Stores
E-commerce
Others
Breakup by End User:
Athletes
Fitness Lifestyle Users
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amway Corp., Campbell Soup Company, Clif Bar & Company, GNC Holdings LLC (Harbin Pharmaceutical Group Co. Ltd), The Kraft Heinz Company, Monster Beverage Corporation, National Beverage Corp., Pepsico Inc., Red Bull GmbH and The Coca-Cola Company.
Key Questions Answered in This Report
1. What was the size of the global functional beverages market in 2022?
2. What is the expected growth rate of the global functional beverages market during 2023-2028?
3. What are the key factors driving the global functional beverages market?
4. What has been the impact of COVID-19 on the global functional beverages market?
5. What is the breakup of the global functional beverages market based on the type?
6. What is the breakup of the global functional beverages market based on the distribution channel?
7. What is the breakup of the global functional beverages market based on end user?
8. What are the key regions in the global functional beverages market?
9. Who are the key players/companies in the global functional beverages market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL FUNCTIONAL BEVERAGES MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY TYPE
6.1 Energy Drinks
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Sports drinks
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Dairy-based Beverages
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Juices
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 MARKET BREAKUP BY DISTRIBUTION CHANNEL
7.1 Supermarket and Hypermarket
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Specialty Stores
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 E-commerce
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 MARKET BREAKUP BY END USER
8.1 Athletes
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Fitness Lifestyle Users
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Amway Corp.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 SWOT Analysis
14.3.2 Campbell Soup Company
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Clif Bar & Company
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 GNC Holdings LLC (Harbin Pharmaceutical Group Co. Ltd)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 The Kraft Heinz Company
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Monster Beverage Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 National Beverage Corp.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Pepsico Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Red Bull GmbH
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 SWOT Analysis
14.3.10 The Coca-Cola Company
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL FUNCTIONAL BEVERAGES MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY TYPE
6.1 Energy Drinks
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Sports drinks
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Dairy-based Beverages
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Juices
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 MARKET BREAKUP BY DISTRIBUTION CHANNEL
7.1 Supermarket and Hypermarket
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Specialty Stores
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 E-commerce
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 MARKET BREAKUP BY END USER
8.1 Athletes
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Fitness Lifestyle Users
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Amway Corp.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 SWOT Analysis
14.3.2 Campbell Soup Company
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Clif Bar & Company
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 GNC Holdings LLC (Harbin Pharmaceutical Group Co. Ltd)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 The Kraft Heinz Company
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Monster Beverage Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 National Beverage Corp.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Pepsico Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Red Bull GmbH
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 SWOT Analysis
14.3.10 The Coca-Cola Company
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
LIST OF TABLES
Table 1: Global: Functional Beverages Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Functional Beverages Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Functional Beverages Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 4: Global: Functional Beverages Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Functional Beverages Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Functional Beverages Market: Competitive Structure
Table 7: Global: Functional Beverages Market: Key Players
Table 1: Global: Functional Beverages Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Functional Beverages Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Functional Beverages Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 4: Global: Functional Beverages Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Functional Beverages Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Functional Beverages Market: Competitive Structure
Table 7: Global: Functional Beverages Market: Key Players
LIST OF FIGURES
Figure 1: Global: Functional Beverages Market: Major Drivers and Challenges
Figure 2: Global: Functional Beverages Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Functional Beverages Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Functional Beverages Market: Breakup by Type (in %), 2022
Figure 5: Global: Functional Beverages Market: Breakup by Distribution Channel (in %), 2022
Figure 6: Global: Functional Beverages Market: Breakup by End User (in %), 2022
Figure 7: Global: Functional Beverages Market: Breakup by Region (in %), 2022
Figure 8: Global: Functional Beverages (Energy Drinks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Functional Beverages (Energy Drinks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Functional Beverages (Sports drinks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Functional Beverages (Sports drinks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Functional Beverages (Dairy-based Beverages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Functional Beverages (Dairy-based Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Functional Beverages (Juices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Functional Beverages (Juices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Functional Beverages (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Functional Beverages (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Functional Beverages (Supermarket and Hypermarket) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Functional Beverages (Supermarket and Hypermarket) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Functional Beverages (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Functional Beverages (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Functional Beverages (E-commerce) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Functional Beverages (E-commerce) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Functional Beverages (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Functional Beverages (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Functional Beverages (Athletes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Functional Beverages (Athletes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Functional Beverages (Fitness Lifestyle Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Functional Beverages (Fitness Lifestyle Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Functional Beverages (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Functional Beverages (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: United States: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: United States: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Canada: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Canada: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Asia-Pacific: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia-Pacific: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: China: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: China: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Japan: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Japan: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: India: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: India: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: South Korea: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: South Korea: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Australia: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Australia: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Indonesia: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Indonesia: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Others: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Others: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Europe: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Europe: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Germany: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Germany: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: France: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: France: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: United Kingdom: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: United Kingdom: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Italy: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Italy: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Spain: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Spain: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Russia: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Russia: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Latin America: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Latin America: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Brazil: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Brazil: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Mexico: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Mexico: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Middle East and Africa: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Middle East and Africa: Functional Beverages Market: Breakup by Country (in %), 2022
Figure 80: Middle East and Africa: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Global: Functional Beverages Industry: SWOT Analysis
Figure 82: Global: Functional Beverages Industry: Value Chain Analysis
Figure 83: Global: Functional Beverages Industry: Porter's Five Forces Analysis
Figure 1: Global: Functional Beverages Market: Major Drivers and Challenges
Figure 2: Global: Functional Beverages Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Functional Beverages Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Functional Beverages Market: Breakup by Type (in %), 2022
Figure 5: Global: Functional Beverages Market: Breakup by Distribution Channel (in %), 2022
Figure 6: Global: Functional Beverages Market: Breakup by End User (in %), 2022
Figure 7: Global: Functional Beverages Market: Breakup by Region (in %), 2022
Figure 8: Global: Functional Beverages (Energy Drinks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Functional Beverages (Energy Drinks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Functional Beverages (Sports drinks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Functional Beverages (Sports drinks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Functional Beverages (Dairy-based Beverages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Functional Beverages (Dairy-based Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Functional Beverages (Juices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Functional Beverages (Juices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Functional Beverages (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Functional Beverages (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Functional Beverages (Supermarket and Hypermarket) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Functional Beverages (Supermarket and Hypermarket) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Functional Beverages (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Functional Beverages (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Functional Beverages (E-commerce) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Functional Beverages (E-commerce) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Functional Beverages (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Functional Beverages (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Functional Beverages (Athletes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Functional Beverages (Athletes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Functional Beverages (Fitness Lifestyle Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Functional Beverages (Fitness Lifestyle Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Functional Beverages (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Functional Beverages (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: United States: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: United States: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Canada: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Canada: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Asia-Pacific: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia-Pacific: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: China: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: China: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Japan: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Japan: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: India: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: India: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: South Korea: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: South Korea: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Australia: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Australia: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Indonesia: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Indonesia: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Others: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Others: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Europe: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Europe: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Germany: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Germany: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: France: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: France: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: United Kingdom: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: United Kingdom: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Italy: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Italy: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Spain: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Spain: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Russia: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Russia: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Latin America: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Latin America: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Brazil: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Brazil: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Mexico: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Mexico: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Middle East and Africa: Functional Beverages Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Middle East and Africa: Functional Beverages Market: Breakup by Country (in %), 2022
Figure 80: Middle East and Africa: Functional Beverages Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Global: Functional Beverages Industry: SWOT Analysis
Figure 82: Global: Functional Beverages Industry: Value Chain Analysis
Figure 83: Global: Functional Beverages Industry: Porter's Five Forces Analysis