Functional Beverages Market Expected to Grow at CAGR 5.5% during 2017 to 2022

Functional Beverages Market - by Type (Probiotic Drinks, Energy Drinks), Packaging (Tetra Pack), Functions (Hydration) and Region - Forecast to 2022

Pune, India - October 12, 2017 /MarketersMedia/ —

Market Overview:

Functional Beverages market is experiencing continuous growth in the last few years. Increase in working class population and demand for healthy alternatives for carbonated drinks have resulted in the growth of this market. Weight management and hydrations are the new trends that have come up as a key opportunity, due to sedentary lifestyle and growing obese population; consumers want to opt for healthier lifestyle. Major players in the functional beverages market are investing on research and development to create zero-calorie products and innovative packaging. Major companies have also invested in vending machines, so as to create awareness, advertise new products, and also to get feedback from the consumers.

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Key Players:

The key players profiled Functional Beverages are as

• PepsiCo (U.S.),
• Fuze Beverage (U.S.),
• Coca-Cola (U.S.),
• Coca-Cola (U.S.),
• Altria Group (U.S.),
• Kraft Foods (U.S.),
• General Mills (U.S.),
• Campbell Soup Company (U.S.),
• Ocean Spray (U.S.) and
• Red Bull GmbH (Austria)

Market Research Analysis:

• Rapid innovation in the functional beverages products inclusion of various flavors, function-specific products like sports functional beverages, probiotic drinks are driving the functional beverages market
• Functional beverages is generally considered as healthy drink and as a part of healthy lifestyle, has led to innovation in various formats like high fibers, low sugar, vitamin-rich, and probiotic rich has also supported the functional beverages market to a greater extent

Reasons to Buy:

• The study includes detailed market analysis of functional beverages market encompassing its macro and micro-markets
• It covers market segmentation by type, by packaging and by function
• It helps in identifying region-wise major suppliers and understand consumption patterns
• The report will provide useful and premium insights that will support in investments for functional beverages and allied companies providing details on the fast growing segments and regions
• In addition, it will provide key findings that will help the companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report
• The data used in the report is primarily based on primary interviews with the major producing companies and industry experts and also supported by authentic industry data from secondary sources

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Intended Audience

• Functional beverages manufacturers
• Dairy beverages manufacturers
• Healthy food and beverages manufacturers
• Energy drink manufacturers
• Retailers, wholesalers
• E-commerce companies
• Traders, Importers and exporters

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Source: MarketersMedia

Release ID: 249567

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