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The functional foods and beverages market size is forecast to increase by USD 141.4 billion at a CAGR of 7.45% between 2023 and 2028. Functional foods and beverages have gained significant traction in the global market due to their health benefits and innovative product offerings. Product innovations, such as the introduction of new flavors, textures, and functional ingredients, continue to drive market growth. Consumers' increasing awareness of the health advantages of functional foods and beverages, including improved digestion, enhanced immunity, and energy boost, is another major growth factor. Additionally, there is a rising demand for transparent product labeling, with consumers preferring to know the exact ingredients and their functions in the products they consume. These trends are expected to shape the market in the coming years.
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 Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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