Functional Beverages Market Size, Growth| Industry Report, 2020-2026

1. Welcome To Dataintelo Functional Beverages Market Size, Growth| Industry Report, 2020-2026 The global functional beverages market size is anticipated to expand at a substantial CAGR during the forecast period, 2020 – 2026 due to rising consumer inclination toward non-alcoholic and nutritious beverages. Additionally, increasing health-conscious among the population across the globe is fueling the growth of the market. Functional beverages are drinks meant for providing health benefits to the consumers. These beverages include various ingredients such as herbs, minerals, nootropics, vitamins, amino acids, raw fruits, and vegetables. Market Trends, Drivers, Opportunities: Demand for functional beverages is increasing rapidly among consumers who want specific health benefits from their foods and beverages. Rising need for convenient and healthy food & beverages is expected to create opportunities in the market. Rapid expansion of the market can be attributed to the surge in investments in the development of these drinks by major market players and rising celebrity endorsements promoting the drinks. Need for replacing sucrose with natural sweeteners is a major challenge for the functional beverages market. Restraints, and

2. Strong economic growth and increasing disposable incomes are driving the growth of the market. Furthermore, factors such as increasing globalization and urbanization have resulted in a transformation in lifestyles of people, resulting in the rising expenditure on food. This, in turn, is anticipated to propel the demand for functional beverages. Scope of the Report: The report on the functional beverages market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have been included in the report. Attributes Details Base year 2019 Historic data 2015–2019 Forecast period 2020–2026 North America, Asia Pacific, Europe, Latin America, and Middle East & Africa Regional scope Company share, market analysis and size, competitive landscape, growth factors and trends, and revenue forecast Report coverage Functional Beverages Market Segment Insights: Rising inclination for energy drinks across the globe On the basis of types, the market has been segmented into probiotic drinks, energy drinks, fruit & vegetable juices, and herbal & fruit teas. Energy drinks are expected to register substantial growth during the forecast period. These drinks are considered to improve stamina, physical readiness, and performance in the consumer. Energy drinks outperform conventional carbonated beverages as they are believed to be healthier due to the lack of extra sugar and carbonation. Demand for energy drinks is expected to rising in countries such as Brazil, India, and Germany.

3. Store-based sales of functional beverages expected to dominate the market over the forecast period In terms of applications, the market has been segregated into super/ hyper stores, department stores, super/ hyper stores segment is anticipated to dominate the market. The online retailers segment is projected to expand at a rapid pace during the forecast period. Asia Pacific is expected to lead the market, followed by North America, during the forecast period Based on regions, the global functional beverages market has been fragmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia Pacific is expected to hold a dominant share of the market during the forecast period owing to the presence of emerging economies, rise in urbanization and industrialization, increase in population, and changing lifestyles. Request Sample Report: sample/?reportId=7541 Competitive Landscape: Key players operating in the global functional beverages market include The Coca-Cola, Dannon Company, PepsiCo, Hain Celestial, Fuze Beverage, The Kraft Heinz Company, General Mills, Campbell Soup Company. These players engage in product launches, mergers & acquisitions, agreements, and partnerships to strengthen their geographical presence and garner larger share. On October 22, 2019, Drink Nutrient, a functional beverage company, launched a new beverage product line of drinks that provide 13 essential vitamins required daily in an easy-to-drink single- serve pack. The new drink lines called Liquid Nutrient, Vitamin Booster+, and Vitamin Coffee do not contain artificial ingredients and are gluten-free, GMO- free, and acrylamide-free. Segments Covered in the Report: and online retailers. The https://dataintelo.com/request- Drink Nutrient, and

4. The global functional beverages market has been classified on the basis of product types, applications, and regions. By Product Types Probiotic Drinks Energy Drinks Fruit & Vegetable Juices Herbal & Fruit Teas By Applications Super/ Hyper Stores Department Stores Online Retailers By Regions North America Asia Pacific Europe Latin America Middle East & Africa