Report overview
Functional Foods and Drinks are those foods and beverages to which special ingredients are added so that they provide additional health benefits.
This report aims to provide a comprehensive presentation of the global market for Functional Foods and Drinks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Functional Foods and Drinks. This report contains market size and forecasts of Functional Foods and Drinks in global, including the following market information:
Global Functional Foods and Drinks Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Functional Foods and Drinks Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Functional Foods and Drinks companies in 2022 (%)
The global Functional Foods and Drinks market was valued at US$ 149710 million in 2022 and is projected to reach US$ 224350 million by 2029, at a CAGR of 5.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia Pacific market led the global industry and accounted for over 40% of total revenue in 2017. It is also expected to grow at an estimated CAGR of 8% over the next eight years.
Rising demand along with increasing disposable income among consumers for such products in emerging countries such as India and China is expected to assist the regional growth. Moreover, increasing urbanization, growing baby boomer population and changing dietary patterns is supposed to drive the overall market demand.
We surveyed the Functional Foods and Drinks manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Functional Foods and Drinks Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Functional Foods and Drinks Market Segment Percentages, by Type, 2022 (%)
Fortified Food
Functional Beverages
Dietary Supplements
Global Functional Foods and Drinks Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Functional Foods and Drinks Market Segment Percentages, by Application, 2022 (%)
Energy/Sport Nutritional
Immune Support and Supplement
Digestive Health
Others
Global Functional Foods and Drinks Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Functional Foods and Drinks Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Functional Foods and Drinks revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Functional Foods and Drinks revenues share in global market, 2022 (%)
Key companies Functional Foods and Drinks sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Functional Foods and Drinks sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Mills
Nestle
NBTY
Glanbia plc
Monster Beverage Corp
GNC Holdings
Red Bull
Kellogg
Amway
Herbalife
PepsiCo
Coca-Cola
Pharmavite
Arizona Beverages
Lifeway Kefir
Rockstar Energy Drink
Outline of Major Chapters:
Chapter 1: Introduces the definition of Functional Foods and Drinks, market overview.
Chapter 2: Global Functional Foods and Drinks market size in revenue and volume.
Chapter 3: Detailed analysis of Functional Foods and Drinks manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Functional Foods and Drinks in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Functional Foods and Drinks capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
