The Functional Drinks Global Market Report 2023, provides comprehensive information on the functional drinks market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Functional Drinks Market’s Growth:

https://www.thebusinessresearchcompany.com/report/functional-drinks-global-market-report

According to The Business Research Company's esteemed Functional Drinks Global Market Report for 2023, the industry is poised for significant expansion. Forecasts indicate a notable growth trajectory, with the market size anticipated to surge from $43.27 billion in 2022 to an estimated $46.58 billion in 2023, demonstrating a robust compound annual growth rate (CAGR) of 7.6%. However, amidst this promising outlook, the disruptive impact of the Russia-Ukraine conflict casts a shadow over the global economic recovery post-COVID-19, particularly in the immediate future. The ongoing war has precipitated far-reaching consequences, including widespread economic sanctions, sharp hikes in commodity prices, and disruptions in global supply chains, culminating in inflationary pressures across various sectors worldwide. Despite these challenges, the functional drinks market remains resilient, poised for sustained growth. Projections indicate a burgeoning market size of $60.13 billion by 2027, driven by a steadfast CAGR of 6.6%. This trajectory underscores the sector's adaptability and strategic resilience in navigating the intricate global landscape, highlighting its pivotal role in the evolving realm of functional beverages.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample_request?id=9563&type=smp

An unmistakable and influential trend shaping the landscape of the functional drink market revolves around product innovation, with a burgeoning emphasis on advancing consumer experiences. Prominent enterprises within the functional beverage sector have strategically positioned themselves as pioneers in developing innovative solutions that not only cater to evolving consumer preferences but also consolidate their market dominance. A striking embodiment of this trend surfaced in February 2022 when Rockstar Energy Drinks, a subsidiary of the renowned PepsiCo Inc., unveiled Rockstar Unplugged, a groundbreaking energy drink. This particular beverage represents a noteworthy departure from the conventional energy drink paradigm. Rather than delivering an overpowering surge of energy, Rockstar Unplugged distinguishes itself by integrating hemp seed oil and an array of essential B vitamins into its formulation. Containing 80 mg of caffeine, it offers a unique amalgamation of ingredients designed to provide an invigorating energy boost. This innovative calorie- and sugar-free beverage encompasses a carefully crafted blend of caffeine, hemp seed oil, essential B vitamins, as well as refreshing spearmint and soothing lemon balm, culminating in a consumable delight that not only stimulates the senses but also resonates with the demands of contemporary health-conscious consumers. In doing so, Rockstar Energy Drinks has forged a path toward redefining the functional drink landscape, offering a refreshing alternative to traditional energy drinks while catering to the dynamic and discerning tastes of today's consumers.

The functional drinks market is segmented:

1) By Product: Energy Beverages, Functional Fruit and Vegetable Juices, Sports Beverages, Functional Water, Other Products

2) By Distribution Channel: Hypermarkets Or Supermarkets, Specialty Stores, Online, Other Distribution Channels

3) By Application: Health And Wellness, Weight loss

Asia-Pacific was the largest region in the functional drinks market in 2022.

The table of contents in TBRC’s functional drinks market report includes:

Executive Summary
Functional Drinks Market Characteristics
Functional Drinks Market Trends And Strategies
Functional Drinks Market - Macro Economic Scenario
Functional Drinks Market Size And Growth
.

.

.

Africa Functional Drinks Market
Functional Drinks Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Functional Drinks Market
Functional Drinks Market Future Outlook and Potential Analysis
Appendix
Top 5 Major Key Players Are:

The Coca-Cola Company
PepsiCo Inc
Red Bull GmbH
Suntory Beverage and Food Ltd
Danone S.A
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: [email protected]



Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model