(EMAILWIRE.COM, July 10, 2023 ) The Functional Beverages Market was valued USD 140.87 Mn in 2022 and is expected to grow at a CAGR of 7.47 percent over the forecast period to reach USD 233.25 Mn by 2029.
Functional Beverages Market Scope and Research Methodology
Major manufacturers in the Functional Beverages Market are listed by region, total market revenue, financial status, advancements adopted by the market players, and mergers & acquisitions. Primary and secondary research was conducted to collect data from the Functional Beverages Market.
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Functional Beverages Market Dynamics
Increasing demand for natural and organic ingredients in functional beverages is expected to boost the market growth. Stringent government regulations on the production of beverages is expected to limit the market growth.
Functional Beverages Market Regional Insight
North America region is expected to boost the Functional Beverages market growth over the forecast period. Increased demand for natural and organic products in the region is expected to boost the market growth over the forecast period.
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Functional Beverages Market Segmentation
By Product Type:
By Distribution Channel:
By Ingredient Type:
By End User
Fitness Lifestyle Users
Functional Beverages Market Key Players Include
Coca-Cola (United States)
PepsiCo (United States)
Keurig Dr. Pepper (United States)
Monster Beverage Corporation (United States)
Starbucks Corporation (United States)
Asahi Group Holdings, Ltd. (Japan)
Yakult Honsha Co., Ltd. (Japan)
Kirin Holdings Co., Ltd. (Japan)
Uni-President Enterprises Corp. (Taiwan)
Lotte Chilsung Beverage Co., Ltd. (South Korea)
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Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:
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