Global Functional Beverages Market is Expected to Grow at a Significant Rate of 6.8% Over the Forecast Period of 2020 to 2027

Functional Beverages Market size is expected to grow at a significant rate of 6.8% in the forecast period of 2020 to 2027 due to the rising demand for innovative products such as plant-based and lactose-free beverage products is primarily driving the market growth rate.

Beside this, the major market players are undertaking various developments such as the launch of new products along with the opening of new research and development centers and new plants which will produce lucrative opportunities for the growth of the functional beverages market.

Functional Beverages Market Scenario

According to Data Bridge Market Research the market for functional beverages is accelerating because of the rapid increase in health consciousness among consumers. Also the, increasing number of research and development activities along with increasing demand for enhanced beverage products are also expected to fuel the demand of the functional beverages market over the forecast period of 2020 to 2027. Whereas, the rising food safety concerns and regulations will hamper the growth of the functional beverages market in the above mentioned forecast period.

Now the question is which are the other regions that functional beverages market is targeting? Data Bridge Market Research has estimated large growth in Asia-Pacific due to increase in consumer per capita income because of the increase in economy in the region.

For more analysis on the functional beverages market request for a briefing with our analysts

Functional Beverages Market Scope

Functional beverages market is segmented on the basis of countries into the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).

  • All country based analysis of functional beverages market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the functional beverages market is segmented into probiotic drinks, energy drinks, fruit & vegetable juices, herbal and fruit teas, fortified water, rehydration solutions, dairy beverages, non-dairy beverages and others. On the basis of packaging, the functional beverages market is segmented into bottle, tetra pack, sachet, tin can, and others. Based on the functions, the functional beverages market is segmented into hydration, energy & rejuvenation, health & wellness, weight management and others.
  • Functional beverages are the type of non-alcoholic beverages as these drinks helps to keep the body hydrated and also have a nutritious balance overall. These are fortified drinks that shun health problems across different age groups.

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Key Pointers Covered in the Functional Beverages Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • PepsiCo, Inc
  • Nestlé
  • Kraft Foods
  • General Mills
  • Campbell Soup Co
  • Monster Beverage Corporation
  • The Coca-Cola Company
  • Red Bull GmbH
  • ADM
  • DuPont
  • LycoRed Ltd
  • Fortitech, Inc
  • Nutratech, Inc
  • Maxinutrition
  • Glanbia
  • Clif Bar & Company
  • Universal Nutrition
  • Dr Pepper Snapple Group Inc
  • Groupe Danone
  • Tata Tea
  • GSK
  • RushNet
  • Jivita LLC
  • Old Orchard Brand
  • Cadbury Schweppes
  • Taut
  • Energy69

Above are the key players covered in the report, to know about more and exhaustive list of functional beverages companies’ contact us

Research Methodology of Global Functional Beverages Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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