The Global Functional Beverages Market Report by The Business Research Company covers functional beverages market drivers and restraints, functional beverages market size, major players, and the impact of COVID-19 on the functional beverages market.

The functional beverages market consists of sales of functional beverages and related services. Functional beverages are non-alcoholic drinks which contain non-traditional ingredients such as vitamins, minerals, dietary fibers, probiotics, and added fruits. Function drinks include energy drinks, sports drinks, enhanced fruit drinks, and functional bottles water.

Increasing awareness of health is anticipated to propel the demand for functional beverages over the forecast period. The global functional beverages market is expected grow from $121.18 billion in 2020 to $130.51 billion in 2021 at a compound annual growth rate (CAGR) of 7.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $173.23 billion in 2025 at a CAGR of 7%.

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Some functional beverages market trends include manufacturing of low-calorie natural sweeteners and the use of natural colour & ingredients. Major players dealing in the industry are adopting various strategies in order to meet consumer requirements.

Global functional beverages market segments include:

1) By Type: Energy Drinks, Sports Drinks, Nutraceutical Drinks, Dairy-Based Beverages, Juices, Enhanced Water, Others.

2) By Function:  Health & Wellness, Weight Management.

3) By Distribution Channel: Brick & Mortar, Online.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Functional Beverages Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides functional beverages market overviews, analyzes and forecasts market size, share, functional beverages market players, functional beverages market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The functional beverages market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Functional Beverages Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Danone, Clif Bar & Company, Universal Nutrition, Cloud 9, The Coca-Cola Company, Monster Beverage Corporation, Arla foods, National Beverage Corp, Cloud 9, Nestle, GNC Holdings, Pepsico Inc, Dr. Pepper Snapple Group, Redbull GmBH, GlaxoSmithKline consumer healthcare ltd, Suntory holdings ltd., Kraft foods, Tata Global Beverages, Mondelez International Inc, Abbott Nutrition and inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Functional Beverages Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Functional Beverages Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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