The Global Functional Beverages Market Size will Hit $140.7 Billion by 2027, at a CAGR of 8%

Functional Beverages Market Growth, Trends and Report Highlights

According to a new report Global Functional Beverages Market, published by KBV research, The Global Functional Beverages Market size is expected to reach $140.7 billion by 2027, rising at a market growth of 8% CAGR during the forecast period.

In 2020, the fitness lifestyle users segment obtained a prominent revenue share of the functional beverages market and is expected to display a promising growth rate over the forecasting years. Moreover, this segment is anticipated to witness significant growth, owing to the fact that a greater number of customers are joining health & gym clubs and the increasing obesity population.

The supermarket & hypermarket acquired the prominent revenue share of the functional beverages market in 2020 and would display a significant growth rate over the forecast years. Supermarkets & hypermarkets are stores where consumers find a wide range of products such as grocery products, merchandise, and functional beverages in a single place. In addition, hypermarkets enable customers to purchase their desired products and fulfill their shopping requirements.

In 2020, North America acquired a prominent market share of the functional beverages market and is likely to showcase a similar kind of trend even during the forecast years. The functional beverages market in this region is not affected by the evolving customer behavior as there is a rise in the number of customers inclining towards natural ingredients.

Full Report: https://www.kbvresearch.com/functional-beverages-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of PepsiCo, Inc., The Coca Cola Company, Nestle S.A., Danone S.A., Meiji Holdings Co., Ltd., Monster Beverage Corporation, Suntory Beverage & Food Limited, National Beverage Corporation, Red Bull GmbH, and Clif Bar & Company.

Global Functional Beverages Market Segmentation

By End User

• Fitness Lifestyle Users
• Athletes
• Others

By Type

• Energy Drinks
• Sports Drinks
• Juices
• Dairy-based Beverages
• Others

By Distribution Channel

• Supermarket/Hypermarket
• Specialty Stores
• E-commerce
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• PepsiCo, Inc.
• The Coca Cola Company
• Nestle S.A.
• Danone S.A.
• Meiji Holdings Co., Ltd.
• Monster Beverage Corporation
• Suntory Beverage & Food Limited
• National Beverage Corporation
• Red Bull GmbH
• Clif Bar & Company

Unique Offerings from KBV Research

• Exhaustive coverage
• The highest number of market tables and figures
• Subscription-based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free

Related Reports:

North America Functional Beverages Market, Future Scope & Opportunities 2021-2027

Europe Functional Beverages Market, Size & Growth Forecast 2021-2027

Asia Pacific Functional Beverages Market, Size, Share & Industry Outlook to 2027

LAMEA Functional Beverages Market, Growth, Trends and Forecasts 2021-2027