Learn about the global functional beverages market through The Business Research Company, which provides information on functional beverages market size, functional beverages market drivers and restraints, functional beverages market players, the COVID-19 impact on the functional beverages market, and more.

The global functional beverages market size is expected to grow from $117.04 billion in 2021 to $123.98 billion in 2022 at a compound annual growth rate (CAGR) of 5.9%. The functional drinks market size is expected to grow to $156.43 billion in 2026 at a CAGR of 6%.

Increasing awareness of health is anticipated to propel the demand for functional beverages over the forecast period.

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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.

Global functional beverages market segments include:

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

By Function: Health and Wellness, Weight Management

By Distribution Channel: Brick and Mortar, Online

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the functional beverages market in 2021.

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

TBRC’s functional beverages market report covers:

Major Market Players: Danone, Clif Bar & Company, Universal Nutrition, Cloud 9, The Coca-Cola Company, Monster Beverage Corporation, Arla foods, National Beverage Corp, Cloud 9, Nestle.

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 (2016-21) and ten years forecast (2022-2026-2031)

The Functional Beverages Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 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, leading competitor revenues, profiles and market shares.

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

Here is a list of similar reports from The Business Research Company:

Sports Nutrition Global Market Report 2022

Non-Alcoholic Beverages Global Market Report 2022

Organic Coffee Global Market Report 2022

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