Functional Drinks Market size to grow by USD 179.28 Bn, Market Research Insights highlight the new product launches as Key Driver - Technavio

PR Newswire
Thursday, August 18, 2022 at 1:15am UTC

Functional Drinks Market size to grow by USD 179.28 Bn, Market Research Insights highlight the new product launches as Key Driver - Technavio

PR Newswire

NEW YORK, Aug. 17, 2022 /PRNewswire/ -- According to the research report, the Functional Drinks Market will witness a YOY growth of 7.40% in 2021 at a CAGR of 11.33% during the forecast period. The report is segmented by product (energy beverages, functional fruit and vegetable juices, sports beverages, prebiotic and probiotic drinks, and others), distribution channel (on-trade and off-trade), and geography (APAC, North America, Europe, South America, APAC, North America, Europe, and South America).

For more insights on YOY and CAGR, Read FREE Sample Report

Vendor Insights 

The global Functional Drinks Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   

The report analyzes the market's competitive landscape and offers information on several market vendors, including: 

  • Archer Daniels Midland Co.
  • Danone SA
  • Monster Beverage Corp.
  • Nestlé SA
  • NextFoods Inc.
  • PepsiCo Inc.
  • Red Bull GNBH
  • Suntory Holdings Ltd.
  • The Coca-Cola Co.
  • The Kraft Heinz Co.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report. 

Geographical Market Analysis 

APAC will account for 40% of market growth. In APAC, China is the main market for functional beverages. This region's market will grow more quickly than other regions' markets. The demand for functional drinks is expected to rise in APAC during the projected period as a result of new product introductions, enhanced flavor and versatility, and strong marketing support.

Furthermore, countries such as the US, China, Germany, and Japan are expected to emerge as prominent markets for the Functional Drinks Market during the forecast period. 

Key Market Dynamics

A major factor influencing the growth of the global market for functional drinks is new product introductions. An important trend that is influencing the growth of the global market for functional drinks is the rising popularity of e-commerce.

Moreover, The worldwide non-alcoholic beverage market has a sector called functional drinks that is rapidly expanding. Due to the inclusion of a variety of useful substances, these drinks provide several health benefits. Prebiotics can aid in the prevention of gastrointestinal conditions, diarrhea, and indigestion, which strengthens immunity. The digestive tract contains probiotic bacteria that boost the immune system and reduce chronic inflammation, which could otherwise result in several disorders.

However, rising obesity-related issues would be a major obstacle to the expansion of the worldwide functional drink market. Download a free sample Report 

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Ginger Beer Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026: The ginger beer market share is expected to increase to USD 4.08 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.68%.

Functional Drinks Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 11.33%

Market growth 2021-2025

$ 179.28 billion

Market structure

Concentrated

YoY growth (%)

7.40

Regional analysis

APAC, North America, Europe, South America, APAC, North America, Europe, and South America

Performing market contribution

APAC at 40%

Key consumer countries

US, China, Germany, and Japan

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Archer Daniels Midland Co., Danone SA, Monster Beverage Corp., Nestlé SA, NextFoods Inc., PepsiCo Inc., Red Bull GNBH, Suntory Holdings Ltd., The Coca-Cola Co., and The Kraft Heinz Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio "Consumer Staples" Research Reports

Table of Contents

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis

3 Market Sizing

  • 3.1 Market Definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 15: Product - Market share 2020-2025 (%)
  • 5.2 Comparison by Product
    • Exhibit 16: Comparison by Product
  • 5.3 Energy beverages - Market size and forecast 2020-2025
    • Exhibit 17: Energy beverages - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 18: Energy beverages - Year-over-year growth 2020-2025 (%)
  • 5.4 Functional fruit and vegetable juices - Market size and forecast 2020-2025
    • Exhibit 19: Functional fruit and vegetable juices - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 20: Functional fruit and vegetable juices - Year-over-year growth 2020-2025 (%)
  • 5.5 Sports beverages - Market size and forecast 2020-2025
    • Exhibit 21: Sports beverages - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 22: Sports beverages - Year-over-year growth 2020-2025 (%)
  • 5.6 Prebiotic and probiotic drinks - Market size and forecast 2020-2025
    • Exhibit 23: Prebiotic and probiotic drinks - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 24: Prebiotic and probiotic drinks - Year-over-year growth 2020-2025 (%)
  • 5.7 Others - Market size and forecast 2020-2025
    • Exhibit 25: Others - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 26: Others - Year-over-year growth 2020-2025 (%)
  • 5.8 Market opportunity by Product
    • Exhibit 27: Market opportunity by Product

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 29: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 30: Geographic comparison
  • 7.3 APAC - Market size and forecast 2020-2025
    • Exhibit 31: APAC - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 32: APAC - Year-over-year growth 2020-2025 (%)
  • 7.4 North America - Market size and forecast 2020-2025
    • Exhibit 33: North America - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 34: North America - Year-over-year growth 2020-2025 (%)
  • 7.5 Europe - Market size and forecast 2020-2025
    • Exhibit 35: Europe - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 36: Europe - Year-over-year growth 2020-2025 (%)
  • 7.6 South America - Market size and forecast 2020-2025
    • Exhibit 37: South America - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 38: South America - Year-over-year growth 2020-2025 (%)
  • 7.7 MEA - Market size and forecast 2020-2025
    • Exhibit 39: MEA - Market size and forecast 2020-2025 ($ billion)
    • Exhibit 40: MEA - Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 41: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 42: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 44: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Competitive Scenario
  • 9.2 Vendor landscape
    • Exhibit 45: Vendor landscape
  • 9.3 Landscape disruption
    • Exhibit 46: Landscape disruption
    • Exhibit 47: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 49: Market positioning of vendors
  • 10.3 Archer Daniels Midland Co.
    • Exhibit 50: Archer Daniels Midland Co. - Overview
    • Exhibit 51: Archer Daniels Midland Co. - Business segments
    • Exhibit 52: Archer Daniels Midland Co. - Key news
    • Exhibit 53: Archer Daniels Midland Co. - Key offerings
    • Exhibit 54: Archer Daniels Midland Co. - Key customers
    • Exhibit 55: Archer Daniels Midland Co. - Segment focus
  • 10.4 Danone SA
    • Exhibit 56: Danone SA - Overview
    • Exhibit 57: Danone SA - Business segments
    • Exhibit 58: Danone SA - Key offerings
    • Exhibit 59: Danone SA - Key customers
    • Exhibit 60: Danone SA - Segment focus
  • 10.5 Monster Beverage Corp.
    • Exhibit 61: Monster Beverage Corp. - Overview
    • Exhibit 62: Monster Beverage Corp. - Business segments
    • Exhibit 63: Monster Beverage Corp. - Key offerings
    • Exhibit 64: Monster Beverage Corp. - Segment focus
  • 10.6 Nestle SA
    • Exhibit 65: Nestle SA - Overview
    • Exhibit 66: Nestle SA - Business segments
    • Exhibit 67: Nestle SA - Key news
    • Exhibit 68: Nestle SA - Key offerings
    • Exhibit 69: Nestle SA - Segment focus
  • 10.7 PepsiCo Inc.
    • Exhibit 70: PepsiCo Inc. - Overview
    • Exhibit 71: PepsiCo Inc. - Business segments
    • Exhibit 72: PepsiCo Inc. - Key news
    • Exhibit 73: PepsiCo Inc. - Key offerings
    • Exhibit 74: PepsiCo Inc. - Segment focus
  • 10.8 Red Bull GmbH
    • Exhibit 75: Red Bull GmbH - Overview
    • Exhibit 76: Red Bull GmbH - Product and service
    • Exhibit 77: Red Bull GmbH - Key offerings
  • 10.9 Suntory Holdings Ltd.
    • Exhibit 78: Suntory Holdings Ltd. - Overview
    • Exhibit 79: Suntory Holdings Ltd. - Business segments
    • Exhibit 80: Suntory Holdings Ltd. - Key offerings
    • Exhibit 81: Suntory Holdings Ltd. - Segment focus
  • 10.10 The Coca-Cola Co.
    • Exhibit 82: The Coca-Cola Co. - Overview
    • Exhibit 83: The Coca-Cola Co. - Business segments
    • Exhibit 84: The Coca-Cola Co. - Key offerings
    • Exhibit 85: The Coca-Cola Co. - Segment focus
  • 10.11 The Kraft Heinz Co.
    • Exhibit 86: The Kraft Heinz Co. - Overview
    • Exhibit 87: The Kraft Heinz Co. - Business segments
    • Exhibit 88: The Kraft Heinz Co. - Key news
    • Exhibit 89: The Kraft Heinz Co. - Key offerings
    • Exhibit 90: The Kraft Heinz Co. - Segment focus
  • 10.12 Yakult Honsha Co. Ltd.
    • Exhibit 91: Yakult Honsha Co. Ltd. - Overview
    • Exhibit 92: Yakult Honsha Co. Ltd. - Business segments
    • Exhibit 93: Yakult Honsha Co. Ltd. - Key offerings
    • Exhibit 94: Yakult Honsha Co. Ltd. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 95: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 96: Research Methodology
    • Exhibit 97: Validation techniques employed for market sizing
    • Exhibit 98: Information sources
  • 11.4 List of abbreviations
    • Exhibit 99: List of abbreviations

About Us: 

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

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