Functional drinks are those drinks which are non-alcoholic and ready to drink beverages which includes non-traditional ingredients. A functional drink is defined as a drink which typically made to promote a health benefit. These drinks includes ingredients such as herbs, vitamins, minerals, nootropics, amino acids, or additional raw fruit or vegetables. The most common functional drinks are sports and performance drinks, functional milk, yogurt and dairy drinks, energy drinks, ready to drink tea ad other functional beverages.
The The functional drink market has witnessed significant growth owing to factors such as rising awareness towards health along with the introduction of new products and flavors. Further, the availability of a wide range of functional drinks is expected to boost the demand for the functional drink market. However, the high cost associated with a functional drink is projected to hamper the functional drink market growth over the projected period. Nevertheless, the increase in focus towards research and development activities is further expected to fuel the growth of the market.
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Top Key Players Profiled in This Report: Campbell Soup, Danone SA, Monster Beverage Corporation, Nestlé, OtsU.K.a Holdings Co., Ltd, PepsiCo, Red Bull GmbH, Suntory Group, The Coca-Cola Company, Unilever, etc.
The “Global Functional Drink Market Analysis to 2027” is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the functional drink market with detailed market segmentation by type, distribution channel, and geography. The global functional drink market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading functional drink market players and offers key trends and opportunities in the market.
The global functional drink market is segmented on the basis of type and application. On the basis of type, the functional drink market is segmented into energy drinks, sports drinks and nutraceutical drinks. On the basis of distribution channel, the functional drink market is segmented into offline stores and online stores.
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A detailed outline of the Global Functional Drink Market includes a comprehensive analysis of the various verticals of the businesses. North America, Latin America, Asia-Pacific, Africa, and Europe are considered for studies based on several terminologies.
It is expected to drive the Global Functional Drink Market over the betting period. This research report covers the market structure and its development prospects in the near future. After analyzing the major companies, the report focuses on new entrants contributing to the market growth. Most companies in the Global Functional Drink Market are currently using new technological trends in the market.
Finally, the researchers light up various ways to discover the strengths, weaknesses, opportunities, and threats affecting the growth of the Global Functional Drink Market. The feasibility of the new report is also measured in this research report.
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