Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Functional Beverages Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global functional beverages market size reached US$ 116.16 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 175.8 Billion by 2027, exhibiting a growth rate (CAGR) of 6.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Functional beverages refer to non-alcoholic drinks containing non-traditional ingredients such as vitamins, minerals, dietary fibers, amino acids, raw fruits, and probiotics. Sports drinks, energy drinks, herbal tea, vitamin water, and fruit drinks with additives are some commonly available functional beverages. They are widely consumed to improve health, energy, athletic endurance, and hydration. Functional beverages assist in delivering nutrients and bioactive compounds to the body, including antioxidants, fatty acids, fibers, plant extracts, and micronutrients. As a result, their consumption promotes a healthy cardiovascular system, improves digestion, prevents cancer, boosts immunity, regulates weight loss, strengthens joints, and enhances memory.

Functional Beverages Market Trends:

The global functional beverages market is primarily being driven by significant growth in the food and beverage (F&B) industry due to the increasing demand for healthy and high nutritional food products. In line with this, the increasing product demand can also be attributed to rising consumer health consciousness and the growing participation in sports and allied activities to provide instant energy, prevent dehydration, and improve overall health. Additionally, the launch of organic, vegan protein, cannabidiol (CBD)- and plant-based, non-genetically modified organism (non-GMO), and allergen-free functional drinks is providing an impetus to market growth. Besides this, emerging trends in beverage consumption and related demographics, such as age and gender-specific functional beverages, that cater to the specific needs of kids, women, and the geriatric population is creating a positive outlook for the market. Furthermore, recent innovations in packaging, such as single-serve and ready-to-drink (RTD) packaging, to address the rising demand for convenient functional beverages are supporting the market growth. Other factors, including rising consumer expenditure capacities, easy product availability across various retail platforms, and extensive celebrity endorsements and promotional activities by key players to broaden the consumer base, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global functional beverages market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, distribution channel and end user.

Breakup by Type:

  • Energy Drinks
  • Sports drinks
  • Dairy-based Beverages
  • Juices
  • Others
     

Breakup by Distribution Channel:

  • Supermarket and Hypermarket
  • Specialty Stores
  • E-commerce
  • Others 
     

Breakup by End User:

  • Athletes
  • Fitness Lifestyle Users
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amway Corp., Campbell Soup Company, Clif Bar & Company, GNC Holdings LLC (Harbin Pharmaceutical Group Co. Ltd), The Kraft Heinz Company, Monster Beverage Corporation, National Beverage Corp., Pepsico Inc., Red Bull GmbH and The Coca-Cola Company.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Distribution Channel, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Amway Corp., Campbell Soup Company, Clif Bar & Company, GNC Holdings LLC (Harbin Pharmaceutical Group Co. Ltd), The Kraft Heinz Company, Monster Beverage Corporation, National Beverage Corp., Pepsico Inc., Red Bull GmbH and The Coca-Cola Company.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global functional beverages market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global functional beverages market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global functional beverages market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Functional Beverages Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Energy Drinks
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Sports drinks
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Dairy-based Beverages
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Juices
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Distribution Channel
    7.1    Supermarket and Hypermarket
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Specialty Stores
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    E-commerce
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others 
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by End User
    8.1    Athletes
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Fitness Lifestyle Users
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Amway Corp.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 SWOT Analysis
        14.3.2    Campbell Soup Company
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Clif Bar & Company
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    GNC Holdings LLC (Harbin Pharmaceutical Group Co. Ltd)
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    The Kraft Heinz Company
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Monster Beverage Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    National Beverage Corp.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Pepsico Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Red Bull GmbH
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 SWOT Analysis
        14.3.10    The Coca-Cola Company
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis

List of Figures

Figure 1: Global: Functional Beverages Market: Major Drivers and Challenges
Figure 2: Global: Functional Beverages Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Functional Beverages Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Functional Beverages Market: Breakup by Type (in %), 2021
Figure 5: Global: Functional Beverages Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Functional Beverages Market: Breakup by End User (in %), 2021
Figure 7: Global: Functional Beverages Market: Breakup by Region (in %), 2021
Figure 8: Global: Functional Beverages (Energy Drinks) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Functional Beverages (Energy Drinks) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Functional Beverages (Sports drinks) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Functional Beverages (Sports drinks) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Functional Beverages (Dairy-based Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Functional Beverages (Dairy-based Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Functional Beverages (Juices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Functional Beverages (Juices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Functional Beverages (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Functional Beverages (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Functional Beverages (Supermarket and Hypermarket) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Functional Beverages (Supermarket and Hypermarket) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Functional Beverages (Specialty Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Functional Beverages (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Functional Beverages (E-commerce) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Functional Beverages (E-commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Functional Beverages (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Functional Beverages (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Functional Beverages (Athletes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Functional Beverages (Athletes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Functional Beverages (Fitness Lifestyle Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Functional Beverages (Fitness Lifestyle Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Functional Beverages (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Functional Beverages (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North America: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Canada: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Canada: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Asia-Pacific: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: China: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: China: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Japan: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Japan: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South Korea: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South Korea: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Australia: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Indonesia: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Indonesia: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: France: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: France: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: United Kingdom: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Italy: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Italy: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Spain: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Spain: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Russia: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Russia: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Latin America: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Brazil: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Brazil: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Mexico: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Mexico: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Functional Beverages Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Functional Beverages Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Functional Beverages Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Functional Beverages Industry: SWOT Analysis
Figure 82: Global: Functional Beverages Industry: Value Chain Analysis
Figure 83: Global: Functional Beverages Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Functional Beverages Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Functional Beverages Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Functional Beverages Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Global: Functional Beverages Market Forecast: Breakup by End User  (in Million US$), 2022-2027
Table 5: Global: Functional Beverages Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Functional Beverages Market: Competitive Structure
Table 7: Global: Functional Beverages Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links

4