Functional Beverages Market

Functional Beverages Market Size to Worth US$ 279.4 Billion by 2030 – Exclusive Report by Precedence Research

According to Precedence Research, during the forecast period of 2022 to 2030, the global functional beverages market is estimated to develop at a compound annual growth rate (CAGR) of 8.94%. The global functional beverages market was valued at USD 129.31 billion in 2021, and it is predicted to exceed USD 279.4 billion by 2030. The study investigates several elements and their consequences on the growth of the functional beverages market.

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This report focuses on functional beverages market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall functional beverages market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.

Report Scope of the Functional Beverages Market

Report Coverage Details
Market Size by 2030 USD 279.4 Billion
Growth Rate from 2022 to 2030 CAGR of 8.94%
North America Market Share in 2021 43%
Fastest Growing Region Asia Pacific
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Type, Application, Ingredient, End User, Distribution Channel, Geography

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of functional beverages, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of functional beverages has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the functional beverages market.

Some of the prominent players in the functional beverages market include:

  • PepsiCo Inc.,
  • The Coca-Cola Company
  •  Kraft Heinz Company
  • Nestle S.A
  •  Red Bull GmbH
  • The Hain Celestial Group
  • Universal Nutrition
  • Suntory Holdings Ltd
  • Fonterra Co-operative Group Limited

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Segments Covered in the Report

By Type

  • Energy Drink
  • Caffeinated Beverages
  • Probiotic Drinks
  • Vegetable and fruit beverages
  • Dairy-based beverages
  • Nutraceutical drinks
  • Juices
  • Enhanced Water
  • Others

By Application

  • Health and Wellness
  • Weight Loss

By Ingredient Type

  • Antioxidants
  • Minerals
  • Amino acids
  • Probiotics
  • Prebiotics
  • Vitamins
  • Super-Fruit extracts
  • Botanical Flavors

By End User 

  • Athletes
  • Fitness Lifestyle Users
  • Others

By Distribution Channel

  • Supermarket and Hypermarket
  • Specialty Stores
  • E Commerce
  • Others

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Some of the important ones are:

  • What can be the best investment choices for venturing into new product and service lines?
  • What value propositions should businesses aim at while making new research and development funding?
  • Which regulations will be most helpful for stakeholders to boost their supply chain network?
  • Which regions might see the demand maturing in certain segments in near future?
  • What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
  • Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
  • Which government regulations might challenge the status of key regional markets?
  • How will the emerging political and economic scenario affect opportunities in key growth areas?
  • What are some of the value-grab opportunities in various segments?
  • What will be the barrier to entry for new players in the market?

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Functional Beverages Market 

5.1. COVID-19 Landscape: Functional Beverages Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Functional Beverages Market, By Type

8.1. Functional Beverages Market, by Type, 2022-2030

8.1.1. Energy Drink

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Caffeinated Beverages

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Probiotic Drinks

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Vegetable and fruit beverages

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Dairy-based beverages

8.1.5.1. Market Revenue and Forecast (2017-2030)

8.1.6. Nutraceutical drinks

8.1.6.1. Market Revenue and Forecast (2017-2030)

8.1.7. Others

8.1.7.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Functional Beverages Market, By Application

9.1. Functional Beverages Market, by Application, 2022-2030

9.1.1. Health and Wellness

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Weight Loss

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Functional Beverages Market, By Ingredient Type 

10.1. Functional Beverages Market, by Ingredient Type, 2022-2030

10.1.1. Antioxidants

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Minerals

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Amino acids

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Probiotics

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Others

10.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Functional Beverages Market, By End User

11.1. Functional Beverages Market, by End User, 2022-2030

11.1.1. Athletes

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Fitness Lifestyle Users

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. Others

11.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Functional Beverages Market, By Distribution Channel

12.1. Functional Beverages Market, by Distribution Channel, 2022-2030

12.1.1. Supermarket and Hypermarket

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Specialty Stores

12.1.2.1. Market Revenue and Forecast (2017-2030)

12.1.3. E-Commerce

12.1.3.1. Market Revenue and Forecast (2017-2030)

12.1.4. Others

12.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Functional Beverages Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Type (2017-2030)

13.1.2. Market Revenue and Forecast, by Application (2017-2030)

13.1.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.1.4. Market Revenue and Forecast, by End User (2017-2030)

13.1.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Type (2017-2030)

13.1.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.1.6.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.1.6.4. Market Revenue and Forecast, by End User (2017-2030)

13.1.7. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Type (2017-2030)

13.1.8.2. Market Revenue and Forecast, by Application (2017-2030)

13.1.8.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.1.8.4. Market Revenue and Forecast, by End User (2017-2030)

13.1.8.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Type (2017-2030)

13.2.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.2.4. Market Revenue and Forecast, by End User (2017-2030)

13.2.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Type (2017-2030)

13.2.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.6.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.2.7. Market Revenue and Forecast, by End User (2017-2030)

13.2.8. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Type (2017-2030)

13.2.9.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.9.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.2.10. Market Revenue and Forecast, by End User (2017-2030)

13.2.11. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Type (2017-2030)

13.2.12.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.12.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.2.12.4. Market Revenue and Forecast, by End User (2017-2030)

13.2.13. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Type (2017-2030)

13.2.14.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.14.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.2.14.4. Market Revenue and Forecast, by End User (2017-2030)

13.2.15. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Type (2017-2030)

13.3.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.3.4. Market Revenue and Forecast, by End User (2017-2030)

13.3.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Type (2017-2030)

13.3.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.6.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.3.6.4. Market Revenue and Forecast, by End User (2017-2030)

13.3.7. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Type (2017-2030)

13.3.8.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.8.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.3.8.4. Market Revenue and Forecast, by End User (2017-2030)

13.3.9. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Type (2017-2030)

13.3.10.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.10.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.3.10.4. Market Revenue and Forecast, by End User (2017-2030)

13.3.10.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Type (2017-2030)

13.3.11.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.11.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.3.11.4. Market Revenue and Forecast, by End User (2017-2030)

13.3.11.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Type (2017-2030)

13.4.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.4.4. Market Revenue and Forecast, by End User (2017-2030)

13.4.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Type (2017-2030)

13.4.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.6.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.4.6.4. Market Revenue and Forecast, by End User (2017-2030)

13.4.7. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Type (2017-2030)

13.4.8.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.8.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.4.8.4. Market Revenue and Forecast, by End User (2017-2030)

13.4.9. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Type (2017-2030)

13.4.10.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.10.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.4.10.4. Market Revenue and Forecast, by End User (2017-2030)

13.4.10.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Type (2017-2030)

13.4.11.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.11.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.4.11.4. Market Revenue and Forecast, by End User (2017-2030)

13.4.11.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Type (2017-2030)

13.5.2. Market Revenue and Forecast, by Application (2017-2030)

13.5.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.5.4. Market Revenue and Forecast, by End User (2017-2030)

13.5.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Type (2017-2030)

13.5.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.5.6.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.5.6.4. Market Revenue and Forecast, by End User (2017-2030)

13.5.7. Market Revenue and Forecast, by Distribution Channel (2017-2030)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Type (2017-2030)

13.5.8.2. Market Revenue and Forecast, by Application (2017-2030)

13.5.8.3. Market Revenue and Forecast, by Ingredient Type (2017-2030)

13.5.8.4. Market Revenue and Forecast, by End User (2017-2030)

13.5.8.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)

Chapter 14. Company Profiles

14.1. PepsiCo Inc.

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. The Coca-Cola Company

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Kraft Heinz Company

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Nestle S.A

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Red Bull GmbH

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. The Hain Celestial Group

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Universal Nutrition

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Suntory Holdings Ltd

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Fonterra Co-operative Group Limited

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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