Functional Foods and Drinks Market

The global Functional Foods and Drinks market was valued at 1385.01 Million USD in 2021 and will grow with a CAGR of 6.48% from 2021 to 2027, based on Research newly published report.
The prime objective of Functional Foods and Drinks Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Functional Foods and Drinks Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Functional Foods and Drinks are those foods and beverages to which special ingredients are added so that they provide additional health benefits.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.
 

By Market Verdors:

• 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

By Types:

• Fortified Food
• Functional Beverages
• Dietary Supplements

By Applications:

• Energy/Sport Nutritional
• Immune Support and Supplement
• Digestive Health

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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