Functional Beverages Market Analysis, Scope, and Growth by 2031
Functional Beverages Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 154.75 Billion |
Market Size by 2031 | US$ 261.04 Billion |
Global CAGR (2023 - 2031) | 6.6% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Functional Beverages Market News and Recent Developments
The functional beverages market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for functional beverages:
- Tropicana Products Inc. launched two new Vitamin C-containing smoothie flavors. The Tropicana's Smoothie Pineapple & Mango and Strawberry & Banana will be retailed across India in all distribution channels operating in the market. (Source: Tropicana, News, 2023)
- Dole Packaged Foods announced 11 new product launches. This transformation is projected to be driven by a new leadership team in North America composed of four women—a mix of recently hired and tenured executives with a strong background and expertise in the areas of brand building and product development. (Source: Dole, Website, 2023)
Functional Beverages Market Report Coverage and Deliverables
The "Functional Beverages Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles