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.
The global Functional Foods and Drinks market size is projected to reach US$ 223210 million by 2027, from US$ 155450 million in 2020, at a CAGR of 6% during 2021-2027.
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Following are the segments covered by the report are:
- Fortified Food
- Functional Beverages
- Dietary Supplements
By Application:
- Energy/Sport Nutritional
- Immune Support and Supplement
- Digestive Health
- Others
The Key manufacturers that are operating in the global Functional Foods and Drinks market are:
- PepsiCo
- Coca-Cola
- Pharmavite
- Arizona Beverages
- Lifeway Kefir
- Rockstar Energy Drink
A full report of Global Functional Foods and Drinks Market is available at: https://www.orionmarketreports.com/functional-foods-and-drinks-market/39673/
Scope of the Report
The research study analyzes the global Functional Foods and Drinks industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Functional Foods and Drinks Market Report
1. What was the Functional Foods and Drinks Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Functional Foods and Drinks Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Functional Foods and Drinks Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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