The global functional beverages market size accounted for USD 158.05 billion in 2024, grew to USD 168.32 billion in 2025 and is predicted to surpass around USD 296.67 billion by 2034, representing a healthy CAGR of 6.50% between 2024 and 2034. The North America functional beverages market size is calculated at USD 69.54 billion in 2024 and is expected to grow at a fastest CAGR of 6.61% during the forecast year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Functional Beverages Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Functional Beverages Market, by Type, 2024-2034
8.1.1. Energy Drink
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Caffeinated Beverages
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. Probiotic Drinks
8.1.3.1. Market Revenue and Forecast (2021-2034)
8.1.4. Vegetable and fruit beverages
8.1.4.1. Market Revenue and Forecast (2021-2034)
8.1.5. Dairy-based beverages
8.1.5.1. Market Revenue and Forecast (2021-2034)
8.1.6. Nutraceutical drinks
8.1.6.1. Market Revenue and Forecast (2021-2034)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2021-2034)
9.1. Functional Beverages Market, by Application, 2024-2034
9.1.1. Health and Wellness
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Weight Loss
9.1.2.1. Market Revenue and Forecast (2021-2034)
10.1. Functional Beverages Market, by Ingredient Type, 2024-2034
10.1.1. Antioxidants
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Minerals
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Amino acids
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. Probiotics
10.1.4.1. Market Revenue and Forecast (2021-2034)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2021-2034)
11.1. Functional Beverages Market, by End User, 2024-2034
11.1.1. Athletes
11.1.1.1. Market Revenue and Forecast (2021-2034)
11.1.2. Fitness Lifestyle Users
11.1.2.1. Market Revenue and Forecast (2021-2034)
11.1.3. Others
11.1.3.1. Market Revenue and Forecast (2021-2034)
12.1. Functional Beverages Market, by Distribution Channel, 2024-2034
12.1.1. Supermarket and Hypermarket
12.1.1.1. Market Revenue and Forecast (2021-2034)
12.1.2. Specialty Stores
12.1.2.1. Market Revenue and Forecast (2021-2034)
12.1.3. E-Commerce
12.1.3.1. Market Revenue and Forecast (2021-2034)
12.1.4. Others
12.1.4.1. Market Revenue and Forecast (2021-2034)
13.1. North America
13.1.1. Market Revenue and Forecast, by Type (2021-2034)
13.1.2. Market Revenue and Forecast, by Application (2021-2034)
13.1.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.1.4. Market Revenue and Forecast, by End User (2021-2034)
13.1.5. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Type (2021-2034)
13.1.6.2. Market Revenue and Forecast, by Application (2021-2034)
13.1.6.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.1.6.4. Market Revenue and Forecast, by End User (2021-2034)
13.1.7. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Type (2021-2034)
13.1.8.2. Market Revenue and Forecast, by Application (2021-2034)
13.1.8.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.1.8.4. Market Revenue and Forecast, by End User (2021-2034)
13.1.8.5. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Type (2021-2034)
13.2.2. Market Revenue and Forecast, by Application (2021-2034)
13.2.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.2.4. Market Revenue and Forecast, by End User (2021-2034)
13.2.5. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Type (2021-2034)
13.2.6.2. Market Revenue and Forecast, by Application (2021-2034)
13.2.6.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.2.7. Market Revenue and Forecast, by End User (2021-2034)
13.2.8. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Type (2021-2034)
13.2.9.2. Market Revenue and Forecast, by Application (2021-2034)
13.2.9.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.2.10. Market Revenue and Forecast, by End User (2021-2034)
13.2.11. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Type (2021-2034)
13.2.12.2. Market Revenue and Forecast, by Application (2021-2034)
13.2.12.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.2.12.4. Market Revenue and Forecast, by End User (2021-2034)
13.2.13. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Type (2021-2034)
13.2.14.2. Market Revenue and Forecast, by Application (2021-2034)
13.2.14.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.2.14.4. Market Revenue and Forecast, by End User (2021-2034)
13.2.15. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Type (2021-2034)
13.3.2. Market Revenue and Forecast, by Application (2021-2034)
13.3.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.3.4. Market Revenue and Forecast, by End User (2021-2034)
13.3.5. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Type (2021-2034)
13.3.6.2. Market Revenue and Forecast, by Application (2021-2034)
13.3.6.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.3.6.4. Market Revenue and Forecast, by End User (2021-2034)
13.3.7. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Type (2021-2034)
13.3.8.2. Market Revenue and Forecast, by Application (2021-2034)
13.3.8.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.3.8.4. Market Revenue and Forecast, by End User (2021-2034)
13.3.9. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Type (2021-2034)
13.3.10.2. Market Revenue and Forecast, by Application (2021-2034)
13.3.10.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.3.10.4. Market Revenue and Forecast, by End User (2021-2034)
13.3.10.5. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Type (2021-2034)
13.3.11.2. Market Revenue and Forecast, by Application (2021-2034)
13.3.11.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.3.11.4. Market Revenue and Forecast, by End User (2021-2034)
13.3.11.5. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Type (2021-2034)
13.4.2. Market Revenue and Forecast, by Application (2021-2034)
13.4.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.4.4. Market Revenue and Forecast, by End User (2021-2034)
13.4.5. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Type (2021-2034)
13.4.6.2. Market Revenue and Forecast, by Application (2021-2034)
13.4.6.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.4.6.4. Market Revenue and Forecast, by End User (2021-2034)
13.4.7. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Type (2021-2034)
13.4.8.2. Market Revenue and Forecast, by Application (2021-2034)
13.4.8.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.4.8.4. Market Revenue and Forecast, by End User (2021-2034)
13.4.9. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Type (2021-2034)
13.4.10.2. Market Revenue and Forecast, by Application (2021-2034)
13.4.10.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.4.10.4. Market Revenue and Forecast, by End User (2021-2034)
13.4.10.5. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Type (2021-2034)
13.4.11.2. Market Revenue and Forecast, by Application (2021-2034)
13.4.11.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.4.11.4. Market Revenue and Forecast, by End User (2021-2034)
13.4.11.5. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Type (2021-2034)
13.5.2. Market Revenue and Forecast, by Application (2021-2034)
13.5.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.5.4. Market Revenue and Forecast, by End User (2021-2034)
13.5.5. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Type (2021-2034)
13.5.6.2. Market Revenue and Forecast, by Application (2021-2034)
13.5.6.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.5.6.4. Market Revenue and Forecast, by End User (2021-2034)
13.5.7. Market Revenue and Forecast, by Distribution Channel (2021-2034)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Type (2021-2034)
13.5.8.2. Market Revenue and Forecast, by Application (2021-2034)
13.5.8.3. Market Revenue and Forecast, by Ingredient Type (2021-2034)
13.5.8.4. Market Revenue and Forecast, by End User (2021-2034)
13.5.8.5. Market Revenue and Forecast, by Distribution Channel (2021-2034)
14.1. PepsiCo Inc.
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. The Coca-Cola Company
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Kraft Heinz Company
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Nestle S.A
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Red Bull GmbH
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. The Hain Celestial Group
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Universal Nutrition
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Suntory Holdings Ltd
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Fonterra Co-operative Group Limited
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
16.1. About Us
16.2. Glossary of Terms
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