DUBLIN--(BUSINESS WIRE)--The "Functional Beverage Market Intelligence Report - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Functional Beverage Market is projected to reach USD 218.82 billion by 2027 from USD 120.28 billion in 2021, at a CAGR 10.48% during the forecast period.
Market Statistics:
The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available.
In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.
- The Americas Functional Beverage Market size was estimated at USD 36,693.81 million in 2021, is expected to reach USD 40,537.52 million in 2022, and is projected to grow at a CAGR of 10.47% to reach USD 66,697.22 million by 2027.
- The Asia-Pacific Functional Beverage Market size was estimated at USD 36,025.44 million in 2021, is expected to reach USD 39,922.24 million in 2022, and is projected to grow at a CAGR of 10.58% to reach USD 65,881.23 million by 2027.
- The Europe, Middle East & Africa Functional Beverage Market size was estimated at USD 47,566.83 million in 2021, is expected to reach USD 52,481.86 million in 2022, and is projected to grow at a CAGR of 10.42% to reach USD 86,241.58 million by 2027.
Market Segmentation & Coverage:
The report on functional beverage identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making.
This market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.
This research report categorizes the functional beverage to forecast the revenues and analyze the trends in each of the following sub-markets:
Product Type:
- Dairy Based Beverage
- Energy Drinks
- Enhanced Water
- Functional Fruit and Vegetable Juices
- RTD Tea & Coffee
- Sports & Performance Drink
Distribution:
- Convenience Stores
- Online Retail
- Pharmacies
- Supermarket/Hypermarket
Region:
-
Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
-
Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
-
Europe, Middle East & Africa
- France
- Germany
- Italy
- Netherlands
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- United Arab Emirates
- United Kingdom
Company Usability Profiles:
- Aqua ViTea, LLC
- Archer Daniels Midland Company
- Campbell Soup Company
- Clif Bar & Company
- Danone S.A.
- Drink Recess Inc.
- Fonterra Co-operative Group Limited
- General Mills, Inc.
- Glanbia PLC
- GT's Living Foods LLC
- International Flavors & Fragrances Inc.
- Kraft Heinz Company
- Lycored Corp.
- Monster Beverage Corporation
- National Beverage Corp.
- Nestle S.A.
- PepsiCo, Inc.
- Red Bull GmbH
- Suntory Holdings Limited
- The Coca-Cola Company
- The Hain Celestial Group, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/f6nw3s
