How big is the Functional Drinks Market market?

The functional drinks market market size is estimated to grow at $$ 77.3 bn in 2024-2028. <a href='https://www.technavio.com/report/functional-drinks-market-industry-analysis'>Read More</a>

Which segment accounted for the largest Functional Drinks Market market share?

Market segmentation by product (Energy beverages, Functional fruit and vegetable juices, Sports beverages, Prebiotic and probiotic drinks, and Others), application (Health and wellness, Weight loss, .... <a href='https://www.technavio.com/report/functional-drinks-market-industry-analysis'>Read More</a>

Who are the key players in the Functional Drinks Market market?

Archer Daniels Midland Co., Clif Bar and Co., Danone SA, Glanbia plc, Gujarat Cooperative Milk Marketing Federation Ltd., Kerry Group Plc, Keurig Dr Pepper Inc., .... <a href='https://www.technavio.com/report/functional-drinks-market-industry-analysis'>Read More</a>

What are the factors driving the Functional Drinks Market market?

The key factors driving the functional drinks market market growth are: New product launches Growing popularity of e-commerce . <a href='https://www.technavio.com/report/functional-drinks-market-industry-analysis'>Read More</a>

Functional Drinks Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, Germany, Canada - Size and Forecast 2024-2028

Published: May 2024
Pages: 183
SKU: IRTNTR41482

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Functional Drinks Market Size 2024-2028

The functional drinks market size is forecast to increase by USD 77.3 billion at a CAGR of 10.05% between 2023 and 2028. The market is experiencing significant growth due to several key trends and drivers. New product launches continue to shape the market, as companies introduce innovative beverages with added health benefits. The growing popularity of e-commerce is also fueling market growth, as consumers increasingly turn to online platforms for convenience and accessibility. Additionally, increasing concerns about obesity and the desire for healthier alternatives to sugary drinks and soft drink are driving demand for functional beverages. These beverages offer various health benefits, such as improved immunity, energy boost, and weight loss, making them an attractive option for health-conscious consumers. Overall, the market is poised for continued growth, driven by these trends and the increasing consumer preference for healthier beverage options.

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

2.2 Market characteristics
- Market characteristics analysis

2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition

3.2 Market segment analysis
- Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Functional Drinks Market 2018 - 2022
- Historic Market Size - Data Table on Global Functional Drinks Market 2018 - 2022 ($ billion)

4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ billion)

4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ billion)

4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)

4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028

5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)

6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product

6.3 Energy beverages - Market size and forecast 2023-2028
- Chart on Energy beverages - Market size and forecast 2023-2028 ($ billion)
- Data Table on Energy beverages - Market size and forecast 2023-2028 ($ billion)
- Chart on Energy beverages - Year-over-year growth 2023-2028 (%)
- Data Table on Energy beverages - Year-over-year growth 2023-2028 (%)

6.4 Functional fruit and vegetable juices - Market size and forecast 2023-2028
- Chart on Functional fruit and vegetable juices - Market size and forecast 2023-2028 ($ billion)
- Data Table on Functional fruit and vegetable juices - Market size and forecast 2023-2028 ($ billion)
- Chart on Functional fruit and vegetable juices - Year-over-year growth 2023-2028 (%)
- Data Table on Functional fruit and vegetable juices - Year-over-year growth 2023-2028 (%)

6.5 Sports beverages - Market size and forecast 2023-2028
- Chart on Sports beverages - Market size and forecast 2023-2028 ($ billion)
- Data Table on Sports beverages - Market size and forecast 2023-2028 ($ billion)
- Chart on Sports beverages - Year-over-year growth 2023-2028 (%)
- Data Table on Sports beverages - Year-over-year growth 2023-2028 (%)

6.6 Prebiotic and probiotic drinks - Market size and forecast 2023-2028
- Chart on Prebiotic and probiotic drinks - Market size and forecast 2023-2028 ($ billion)
- Data Table on Prebiotic and probiotic drinks - Market size and forecast 2023-2028 ($ billion)
- Chart on Prebiotic and probiotic drinks - Year-over-year growth 2023-2028 (%)
- Data Table on Prebiotic and probiotic drinks - Year-over-year growth 2023-2028 (%)

6.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)

6.8 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by Application

7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)

7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application

7.3 Health and wellness - Market size and forecast 2023-2028
- Chart on Health and wellness - Market size and forecast 2023-2028 ($ billion)
- Data Table on Health and wellness - Market size and forecast 2023-2028 ($ billion)
- Chart on Health and wellness - Year-over-year growth 2023-2028 (%)
- Data Table on Health and wellness - Year-over-year growth 2023-2028 (%)

7.4 Weight loss - Market size and forecast 2023-2028
- Chart on Weight loss - Market size and forecast 2023-2028 ($ billion)
- Data Table on Weight loss - Market size and forecast 2023-2028 ($ billion)
- Chart on Weight loss - Year-over-year growth 2023-2028 (%)
- Data Table on Weight loss - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)

9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.12 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview

11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

11.3 Landscape disruption
- Overview on factors of disruption

11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered

12.2 Market positioning of companies
- Matrix on companies position and classification

12.3 Archer Daniels Midland Co.
- Archer Daniels Midland Co. - Overview
- Archer Daniels Midland Co. - Business segments
- Archer Daniels Midland Co. - Key news
- Archer Daniels Midland Co. - Key offerings
- Archer Daniels Midland Co. - Segment focus

12.4 Clif Bar and Co.
- Clif Bar and Co. - Overview
- Clif Bar and Co. - Product / Service
- Clif Bar and Co. - Key offerings

12.5 Danone SA
- Danone SA - Overview
- Danone SA - Business segments
- Danone SA - Key news
- Danone SA - Key offerings
- Danone SA - Segment focus

12.6 Glanbia plc
- Glanbia plc - Overview
- Glanbia plc - Business segments
- Glanbia plc - Key news
- Glanbia plc - Key offerings
- Glanbia plc - Segment focus

12.7 Gujarat Cooperative Milk Marketing Federation Ltd.
- Gujarat Cooperative Milk Marketing Federation Ltd. - Overview
- Gujarat Cooperative Milk Marketing Federation Ltd. - Product / Service
- Gujarat Cooperative Milk Marketing Federation Ltd. - Key offerings

12.8 Kerry Group Plc
- Kerry Group Plc - Overview
- Kerry Group Plc - Business segments
- Kerry Group Plc - Key news
- Kerry Group Plc - Key offerings
- Kerry Group Plc - Segment focus

12.9 Keurig Dr Pepper Inc.
- Keurig Dr Pepper Inc. - Overview
- Keurig Dr Pepper Inc. - Business segments
- Keurig Dr Pepper Inc. - Key offerings
- Keurig Dr Pepper Inc. - Segment focus

12.10 Kruger GmbH and Co. KG
- Kruger GmbH and Co. KG - Overview
- Kruger GmbH and Co. KG - Product / Service
- Kruger GmbH and Co. KG - Key offerings

12.11 Lifeway Foods Inc.
- Lifeway Foods Inc. - Overview
- Lifeway Foods Inc. - Product / Service
- Lifeway Foods Inc. - Key offerings

12.12 Monster Beverage Corp.
- Monster Beverage Corp. - Overview
- Monster Beverage Corp. - Business segments
- Monster Beverage Corp. - Key offerings
- Monster Beverage Corp. - Segment focus

12.13 Nestle SA
- Nestle SA - Overview
- Nestle SA - Business segments
- Nestle SA - Key news
- Nestle SA - Key offerings
- Nestle SA - Segment focus

12.14 Otsuka Holdings Co. Ltd.
- Otsuka Holdings Co. Ltd. - Overview
- Otsuka Holdings Co. Ltd. - Business segments
- Otsuka Holdings Co. Ltd. - Key offerings
- Otsuka Holdings Co. Ltd. - Segment focus

12.15 PepsiCo Inc.
- PepsiCo Inc. - Overview
- PepsiCo Inc. - Business segments
- PepsiCo Inc. - Key news
- PepsiCo Inc. - Key offerings
- PepsiCo Inc. - Segment focus