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The global functional drinks market size is expected to reach USD 93.68 billion by 2019, progressing at a CAGR of 6.1% during the forecast period.
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Functional Drinks Market Size is expected to reach USD 93.68 Billion, with CAGR of 6.1% by 2019 “The global functional drinks market reached a valuation of USD 69.68 billion in 2014. As health awareness becomes an increasingly important issue in many countries, consumers may shift from sugary soft drinks to healthier alternatives in the functional drinks segment, boosting market growth.” The global functional drinks market size is expected to reach USD 93.68 billion by 2019, according to a new study by Grand View Research, Inc., progressing at a CAGR of 6.1% during the forecast period. Globally, the market for functional drinks is treading along a healthy growth track. It is particularly true in countries such as the U.K., U.S., and China. Despite functional drinks being more expensive than conventional substitutes (such as carbonated drinks), the market is expected to post noteworthy growth during the forecast period. The global functional drinks market reached a valuation of USD 69.68 billion in 2014. As health awareness becomes an increasingly important issue in many countries, consumers may shift from sugary soft drinks to healthier alternatives in the functional drinks segment, boosting market growth. Request a Sample Copy of This Report at: https://www.radiantinsights.com/research/functional-drinks-market/request-sample Follow Us:
In U.S., large chain stores such as Walmart have strong presence. These stores offer consumers a more extensive choice of products at lower prices than smaller competitor supermarkets. Influx of new flavors and products is also working in favor of the market. Further key findings from the report suggest: •The global functional drinks market is fragmented in nature, with the top four players holding 55.2% of the total market •The U.S. functional drinks market is expected to register a CAGR of 6.1% in terms of revenue over the forecast period, owing to rising penetration of functional drinks in the U.S. •Energy drinks formed the largest segment in the global functional drinks market, accounting for 55.8% of the total value in 2014 •Key participants include The Coca-Cola Company, Monster Beverage Corporation, PepsiCo, Red Bull GmbH, Otsuka Holdings Co., Ltd, Suntory Group, Danone SA, and Nestle. Browse Full Research Report at: https://www.radiantinsights.com/research/functional- drinks-market Table of Contents: Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary Chapter 3 Industry Outlook 3.1 Market Segmentation &Scope Follow Us:
3.2 Industry Analysis - Porter's 3.2.1 Bargaining power of buyer 3.2.2 Bargaining power of supplier 3.2.3 Threat of new entrants 3.2.4 Threat of substitutes 3.2.5 Degree of rivalry See More Reports of This Category by Radiant Insights at: https://www.radiantinsights.com/catalog/food-and-Beverages About Radiant Insights,Inc: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Web: http://www.radiantinsights.com/ Visit Our Blog: http://industryinsightreport.blogspot.com Follow Us: