The Asia Pacific Functional Shots Market would witness market growth of 17.4% CAGR during the forecast period (2021-2027). The probiotics food products have been evolved due to the increasing preference of consumers towards health-oriented beverages. Moreover, the appealing tag lines like “ready to drink”, “on the go” and other optimistic factors like attractive packaging provided by beverages, hence boosts the demand for probiotics drinks, such as kombucha. Consumers are increasingly inclined toward functional drinks as compared to other fruit juices and carbonated drinks.
As consumers are becoming more conscious of the adverse health effects of the soft drinks categories, health-conscious consumers often disregard vilified categories such as carbonates and juices, in favor of ‘healthier’ choices, like probiotics, soymilk, and other functional drinks. The major reason behind the increasing demand for healthy hydration drinks is consumer education. The preference towards healthy hydration is due to the increasing awareness toward fermented drinks with natural ingredients and the rising adoption of consuming probiotics.
The growing awareness about health among consumers is the major factor boosting the growth of the global functional shots market. As consumers are constantly switching from carbonated beverages towards concentrated nutritional concoctions, there is a major increment in the demand for functional shots filled with numerous natural ingredients. In addition, a rising number of product development like the introduction of vegan and plant-based functional shots in exclusive flavors and appealing packaging, are becoming the catalysts for the growth of the functional shots market.
The Convenience Stores market dominated the South Korea Functional Shots Market by Distribution Channel in 2020, thereby, achieving a market value of $14.2 Million by 2027, growing at a CAGR of 17.4 % during the forecast period. The Hypermarkets & Supermarkets market is showcasing a CAGR of 17.2% during (2021 - 2027).
Based on Product, the market is segmented into Energy, Immunity, Detox, and Other Products. Based on Distribution Channel, the market is segmented into Convenience Stores, Hypermarkets & Supermarkets, Online and Other Distribution Channels. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Functional Shots Market is Projected to reach USD 1.4 Billion by 2027, at a CAGR of 16%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., AriZona Beverages Company LLC, Kuli Kuli, Inc., Living Essentials Marketing LLC (5-hour ENERGY), EBOOST, Dragononi, Inc. (Hawaiian OLA), Royal Pacific International, LXR Biotech, LLC, Hardcell LLC, and Kudu Energy LLC.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Energy
- Immunity
- Detox,
- Other Products
By Distribution Channel
- Convenience Stores
- Hypermarkets & Supermarkets
- Online
- Other Distribution Channels
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- PepsiCo, Inc.
- AriZona Beverages Company LLC
- Kuli Kuli, Inc.
- Living Essentials Marketing LLC (5-hour ENERGY)
- EBOOST
- Dragononi, Inc. (Hawaiian OLA)
- Royal Pacific International
- LXR Biotech, LLC
- Hardcell LLC
- Kudu Energy LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Functional Shots Market, by Product
1.4.2 Asia Pacific Functional Shots Market, by Distribution Channel
1.4.3 Asia Pacific Functional Shots Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Functional Shots Market
Chapter 4. Asia Pacific Functional Shots Market by Product
4.1 Asia Pacific Energy Repellent Market by Country
4.2 Asia Pacific Immunity Repellent Market by Country
4.3 Asia Pacific Detox Market by Country
4.4 Asia Pacific Other Products Market by Country
Chapter 5. Asia Pacific Functional Shots Market by Distribution Channel
5.1 Asia Pacific Convenience Stores Market by Country
5.2 Asia Pacific Hypermarkets & Supermarkets Market by Country
5.3 Asia Pacific Online Market by Country
5.4 Asia Pacific Other Distribution Channels Market by Country
Chapter 6. Asia Pacific Functional Shots Market by Country
6.1 China Functional Shots Market
6.1.1 China Functional Shots Market by Product
6.1.2 China Functional Shots Market by Distribution Channel
6.2 India Functional Shots Market
6.2.1 India Functional Shots Market by Product
6.2.2 India Functional Shots Market by Distribution Channel
6.3 Japan Functional Shots Market
6.3.1 Japan Functional Shots Market by Product
6.3.2 Japan Functional Shots Market by Product
6.4 South Korea Functional Shots Market
6.4.1 South Korea Functional Shots Market by Product
6.4.2 South Korea Functional Shots Market by Distribution Channel
6.5 Singapore Functional Shots Market
6.5.1 Singapore Functional Shots Market by Product
6.5.2 Singapore Functional Shots Market by Distribution Channel
6.6 Malaysia Functional Shots Market
6.6.1 Malaysia Functional Shots Market by Product
6.6.2 Malaysia Functional Shots Market by Distribution Channel
6.7 Rest of Asia Pacific Functional Shots Market
6.7.1 Rest of Asia Pacific Functional Shots Market by Product
6.7.2 Rest of Asia Pacific Functional Shots Market by Distribution Channel
Chapter 7. Company Profiles
7.1 PepsiCo, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.5.3 Partnerships, Collaborations, and Agreements:
7.2 AriZona Beverages Company LLC
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Product Launches and Product Expansions:
7.3 Kuli Kuli, Inc.
7.3.1 Company Overview
7.4 Living Essentials Marketing LLC (5-hour ENERGY)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 EBOOST
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Dragononi, Inc. (Hawaiian OLA)
7.6.1 Company Overview
7.7 Royal Pacific International
7.7.1 Company Overview
7.8 LXR Biotech, LLC
7.8.1 Company Overview
7.9 Hardcell LLC
7.9.1 Company Overview
7.10. Kudu Energy LLC
7.10.1 Company Overview
TABLE 1 Asia Pacific Functional Shots Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Functional Shots Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Energy Repellent Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Energy Repellent Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Immunity Repellent Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Immunity Repellent Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Detox Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Detox Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Other Products Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Other Products Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Convenience Stores Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Convenience Stores Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Hypermarkets & Supermarkets Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Hypermarkets & Supermarkets Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Online Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Online Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Other Distribution Channels Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Other Distribution Channels Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Functional Shots Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Functional Shots Market by Country, 2021 - 2027, USD Million
TABLE 25 China Functional Shots Market, 2017 - 2020, USD Million
TABLE 26 China Functional Shots Market, 2021 - 2027, USD Million
TABLE 27 China Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 28 China Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 29 China Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 30 China Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 31 India Functional Shots Market, 2017 - 2020, USD Million
TABLE 32 India Functional Shots Market, 2021 - 2027, USD Million
TABLE 33 India Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 34 India Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 35 India Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 36 India Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 37 Japan Functional Shots Market, 2017 - 2020, USD Million
TABLE 38 Japan Functional Shots Market, 2021 - 2027, USD Million
TABLE 39 Japan Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 40 Japan Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 41 Japan Functional Shots Market by Distribution Channel
TABLE 42 Japan Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 43 South Korea Functional Shots Market, 2017 - 2020, USD Million
TABLE 44 South Korea Functional Shots Market, 2021 - 2027, USD Million
TABLE 45 South Korea Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 46 South Korea Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 47 South Korea Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 48 South Korea Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 49 Singapore Functional Shots Market, 2017 - 2020, USD Million
TABLE 50 Singapore Functional Shots Market, 2021 - 2027, USD Million
TABLE 51 Singapore Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 52 Singapore Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 53 Singapore Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 54 Singapore Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 55 Malaysia Functional Shots Market, 2017 - 2020, USD Million
TABLE 56 Malaysia Functional Shots Market, 2021 - 2027, USD Million
TABLE 57 Malaysia Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 58 Malaysia Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 59 Malaysia Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 60 Malaysia Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 61 Rest of Asia Pacific Functional Shots Market, 2017 - 2020, USD Million
TABLE 62 Rest of Asia Pacific Functional Shots Market, 2021 - 2027, USD Million
TABLE 63 Rest of Asia Pacific Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 64 Rest of Asia Pacific Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 65 Rest of Asia Pacific Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 66 Rest of Asia Pacific Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 67 key information – PepsiCo, Inc.
TABLE 68 Key Information –AriZona Beverages Company LLC
TABLE 69 key information – Kuli Kuli, Inc.
TABLE 70 key information – Living Essentials Marketing LLC
TABLE 71 key information – EBOOST
TABLE 72 key information – Dragononi, Inc.
TABLE 73 key information – Royal Pacific International
TABLE 74 key information – LXR Biotech, LLC
TABLE 75 key information – Hardcell LLC
TABLE 76 key information – Kudu Energy LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: PepsiCo, Inc.