Press release

Functional Beverages System Market Historical Analysis, Current Market Scenario and the Potential of the Market till 2028

Functional Beverages System Market Historical Analysis, Current Market Scenario and the Potential of the Market till 2028

 

 
The Functional Beverages Market is projected to reach US$ 145,146.05 million by 2028 from US$ million 85,728.85 in 2021; it is expected to grow at a CAGR of 7.8% from 2021 to 2028.

Functional beverages are fortified with essential nutrients, such as protein, vitamins, minerals, amino acids, and probiotics, to offer health benefits. They help in maintaining the energy levels in the body, thereby boosting stamina and athletic performance. Energy drinks, sports drinks, functional water, fortified juices, among others, fall under the functional beverages category. Energy drinks are popular among sportspersons and fitness enthusiasts. Functional water and fortified drinks are also gaining huge traction among consumers. People are becoming health conscious due to the lack of physical activity and the increasing prevalence of lifestyle diseases, such as obesity and diabetes.

Get Exclusive Sample Pages of This Report @: https://www.premiummarketinsights.com/sample/TIP00073440?utm_source=OpenPr&utm_medium=10688

Companies Profiled in this report includes:

• PepsiCo
• The Coca-Cola Company
• Nestl?
• KRAFT Foods
• GENERAL MILLS, INC.
• Danone S.A.
• Monster Energy Company
• Red Bull
• CAMPBELL SOUP COMPANY
• The Wonderful Company LLC.

Based on geography, the functional beverages market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM). In 2020, North America held the largest share of the market, whereas Asia-Pacific is expected to register the highest CAGR during the forecast period. The market growth in North America is attributed to a surge in demand for these products among young adults and athletes and emerging fitness trends. Functional beverages, including sports and energy drinks, enhance the performance and stamina of athletes and fitness enthusiasts. Further, the growing number of fitness enthusiasts has increased the demand for functional products, thus driving the functional beverages market growth in North America.

Get Full Report here @: https://www.premiummarketinsights.com/reports-tip/functional-beverages-market

Functional Beverages Market Segmentation:

By Product Type:
• Energy Drinks
• Sports Drinks
• Fortified Juices
• Functional Water

By Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Online Retail

Based on product type, the functional beverages market is segmented into energy drinks, sports drinks, fortified juices, functional water, and others. The functional water segment is projected to register a notable CAGR in the market during the forecast period. Functional water, which falls under the category of non-alcoholic beverages, has supplementary components, sometimes known as aquaceuticals-such as vitamins, minerals, acids, herbs, and raw fruits and vegetables. Consumers prefer functional water over regular water in their daily diets to meet their daily nutritional requirements. Moreover, the availability of a wide variety of flavors in the functional water, which is sold by multiple retailers, is also boosting their popularity among consumers. The manufacturers of functional beverages are spending huge amounts to expand their business operations across North America by introducing new flavors and innovative products.

Buy this research report @: https://www.premiummarketinsights.com/buy/TIP00073440?utm_source=OpenPr&utm_medium=10688

Contact Us:

If you have any queries about this report or if you would like further information, please
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email: sales@premiummarketinsights.com

About Us:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost-effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.
Premium Market Insights has an extensive coverage of industry reports, company reports and country reports across all industries. In case your research needs are not met by syndicated reports offered by leading publishers, we can help you by offering a customized research solution by liaising with different research agencies saving your valuable time and money.
We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...