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The North America functional foods and beverages market size is forecast to increase by USD 43.1 million at a CAGR of 8.38% between 2023 and 2028. The market is witnessing significant growth due to several key trends. Product innovations in flavors and functional ingredients are driving market growth, as consumers seek new and exciting options that cater to their health and wellness needs. Additionally, the rising awareness of the health benefits associated with functional foods and beverages, such as those rich in omega-3, protein, and antioxidants, is leading to increased demand. Consumers are increasingly looking for alternatives to traditional processed foods and sugary beverages, and functional foods and beverages offer a healthier and more nutritious option. Furthermore, the demand for transparency and clear labeling is also influencing market growth, as consumers want to be informed about the ingredients in their food and beverages. Overall, these trends are expected to continue driving the growth of the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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