Functional Beverages Global Market Report 2024

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Functional Beverages Global Market Report 2024
Global Forecast 2024 2033 Market Size, Drivers,
And Trends
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Functional Beverages Market Segments
The Business Research Company segments the
functional beverages market report as
Energy Drinks, Sports Drinks, Nutraceutical
Drinks, Dairy-Based Beverages, Juices, Enhanced
Water, Other Types
By Type
Health And Wellness, Weight Management
By Function
By Distribution Channel
Brick And Mortar, Specialty Foodservice Stores,
Online
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Market Statistics
The global Functional Beverages market size grew
from 154.58 billion in 2023 to 165.01 billion
in 2024 at a compound annual growth rate (CAGR)
of 6.7. The Functional Beverages market size is
expected to grow to 207.77 billion in 2028 at a
compound annual growth rate (CAGR) of 5.9.
207.77 B
165.01 B
154.58 B
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Key Market Drivers And Trends
Drivers
The growth of e-commerce is expected to propel
the growth of the functional beverages market
going forward.
Trends
Innovative strategies and growth catalysts is a
key trend gaining popularity in the Functional
Beverages market.
Region
Asia-Pacific was the largest region in the
Functional Beverages market in 2023. The regions
covered in the Functional Beverages market
analysis report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America,
Middle East and Africa.
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Top Eleven Players In The Market

• Major players in the market are
• PepsiCo Inc.,
• The Coca-Cola Company,
• Red Bull GmbH,
• Danone,
• Nestle S.A,
• Monster Beverage Corporation

• Dr. Pepper Snapple Group,
• Nongfu Spring
• Kraft Heinz Company,
• Abbott,
• Dali Foods Group Co., Ltd

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   through forecast data and market insights.
6. Competitor Benchmarking Compare performance
   against key competitors.
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