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Functional Food and Beverages Market
Functional Food and Beverages Market by Type (Bakery Products, Confectionery Products, Snacks, Energy Drinks, Sports Drinks), Application (Health & Wellness, Immunity, Clinical Nutrition, Cardio Health), Distribution Channel - Global Forecast to 2030
Report ID:MRFB - 104784 Pages: 226 Apr-2023 Formats*: PDF Category: Food and Beverages Delivery: 2 to 4 HoursThe Functional Food and Beverages Market is expected to reach $532.98 billion by 2030, at a CAGR of 8.9% during the forecast period of 2023 to 2030.
The increasing demand for healthy & nutrition-rich diets, rising demand for sports & performance drinks, growing innovation and new product developments, and changes in lifestyles and rising incidences of chronic diseases are the key factors driving the growth of the functional food and beverages market. Furthermore, the increased investment and expansions in the functional food and beverages industry and rapid growth in the retail sector are expected to offer significant opportunities for the players operating in this market.
Increasing Demand for Healthy & Nutrition-rich Diets to Drive the Growth of the Functional Food and Beverages Market
Consumers are becoming increasingly concerned about their health and paying more attention to their lifestyles and dietary habits. The global demand for healthy & nutrition-rich diets is rising with the growing world population. According to the Food and Agriculture Organization (FAO), in 2050, the global demand for food, particularly nutrient-rich, will be twice as compared to 2013.
In recent years, consumer awareness regarding health, nutrition-rich diets, calorie reduction, and food safety has grown globally, which is expected to transform the food & beverage sector and boost the growth of the functional food and beverages market. Furthermore, the incidence of type 2 diabetes has increased significantly in recent years and is expected to increase in the coming years. The rising incidence rate of diabetes is mainly attributed to the increasing number of people living sedentary lifestyles. According to the International Diabetes Federation (IDF), approximately 537 million adults (aged 20–79 years) across the globe had diabetes in 2021. The number is expected to reach 783 million by 2045, of which 541 million will be at increased risk of developing type 2 diabetes. Thus, the increasing cases of diabetes and increased consumer interest in nutrition and health are expected to boost the demand for healthy & nutrition-rich diets, subsequently driving the demand for functional food and beverages.
Moreover, the growing health-conscious population has boosted the demand for nutritional bars and beverages, increasing the sales of functional food and beverages. Consumers are increasingly spending on value-added food categories to maintain healthier lifestyles, boosting the sales of functional food and beverages. Increasing awareness among people regarding strengthening their immunity to prevent risks of infections has compelled them to maintain healthy lifestyles and adopt proper dietary habits. These factors are expected to drive the growth of this market across the globe.
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Key Findings in the Functional Food and Beverages Market Study:
In 2023, the Functional Food Segment to Dominate the Functional Food and Beverages Market
Based on type, in 2023, the functional food segment is expected to account for the larger share of the functional food and beverages market. The large market share of this segment is attributed to the growing demand for nutritional & fortifying food products and rising awareness about the health benefits of consuming these products. Consumers are drawn to foods with functional ingredients to lower the risk of specific health concerns, such as obesity, weight loss, diabetes, and cardiovascular diseases, which contributes to the growth of this segment.
In 2023, the Health & Wellness Segment to Dominate the Functional Food and Beverages Market
Based on application, in 2023, the health & wellness segment is expected to account for the largest share of the functional food and beverages market. The large market share of this segment is attributed to the factors such as the increasing health consciousness among consumers and the growing demand for clean-label and non-GMO food products.
The E-commerce Segment to Witness Highest Demand During the Forecast Period
Based on distribution channel, in 2023, the E-commerce segment is projected to register the fastest growth in 2023–2030. The rapid growth of this segment is mainly driven by the growing preference for personalization, the convenience offered by E-commerce, the availability of greater discounts compared to offline stores, and a greater product selection experience.
Asia-Pacific: Fastest-growing Regional Market
Based on geography, in 2023, North America is expected to account for the largest share of the functional food and beverages market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The major market share of North America is attributed to the well-established food & beverage industry, high awareness of the health benefits of functional food and beverages, growing popularity of protein bars, shakes, and cookies among millennials as healthy snacking options, and high demand for nutritional products across the region.
However, the market in Asia-Pacific is slated to register the fastest growth during the forecast period. The growth of this regional market is driven by the rising awareness about the health benefits of functional food and beverages, increasing disposable incomes, rapid urbanization, the rising incidence rate of diabetes and obesity, the increasing adoption of low-carb and clean-label trends, the growing demand for sugar-free products, and the rising health wellness trends in the region.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by leading market participants in the functional food and beverages market between 2020 and 2023. The key players profiled in this functional food and beverages market study are The Coca-Cola Company (U.S.), Danone S.A. (France), Glanbia plc (Ireland), Hearthside Food Solutions LLC (U.S.), Mars, Incorporated (U.S.), Meiji Holdings Co., Ltd. (Japan), Nestlé S.A. (Switzerland), Raisio plc (Finland), Royal FrieslandCampina N.V. (Netherlands), The Kraft Heinz Company (U.S.), Arla Foods amba (Denmark), Amway Corporation (U.S.), PepsiCo, Inc. (U.S.), Kellogg Company (U.S.), and General Mills, Inc. (U.S.).
Scope of the Report:
Functional Food and Beverages Market, by Type
- Functional Foods
- Bakery Products
- Confectionery Products
- Snacks
- Dairy Products
- Infant Food Products
- Other Functional Foods
- Functional Beverages
- Energy Drinks
- Sports Drinks
- Fortified Juices
- Dairy-based Beverages
- Other Functional Beverages
Functional Food and Beverages Market, by Application
- Health & Wellness
- Sports Nutrition
- Weight Management
- Immunity
- Digestive Health
- Clinical Nutrition
- Cardio Health
- Other Applications
Functional Food and Beverages Market, by Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores
- Specialty Stores
- E-commerce
- Other Distribution Channels
Functional Food and Beverages Market, by Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
Key Questions Answered in the Report:
This report covers the market sizes & forecasts of the functional food and beverages market based on type, application, distribution channel, and geography. This report also provides the value analysis of various segments and subsegments of the functional food and beverages market at the regional and country levels.
The functional food and beverages market is projected to reach $532.98 billion by 2030, growing at a CAGR of 8.9% during the forecast period.
Based on type, in 2023, the functional food segment is expected to account for the larger share of the functional food and beverages market.
Based on distribution channel, in 2023, the supermarkets & hypermarkets segment is expected to account for the largest share of the functional food and beverages market. However, the E-commerce segment is slated to register the fastest growth rate during the forecast period. The growth of this segment is driven by the growing preference for personalization, the greater product selection experience and convenience offered by E-commerce channels, and the availability of greater discounts compared to offline stores.
The growth of this market is driven by the increasing demand for healthy & nutrition-rich diets, rising demand for sports & performance drinks, growing innovation and new product developments, and changes in lifestyles & rising incidences of chronic diseases.
Furthermore, the increased investment and expansions in the functional food and beverages industry and rapid growth in the retail sector are expected to provide significant growth opportunities for players operating in this market.
The key players operating in the functional food and beverages market are The Coca-Cola Company (U.S.), Danone S.A. (France), Glanbia plc (Ireland), Hearthside Food Solutions LLC (U.S.), Mars, Incorporated (U.S.), Meiji Holdings Co., Ltd. (Japan), Nestlé S.A. (Switzerland), Raisio plc (Finland), Royal FrieslandCampina N.V. (Netherlands), The Kraft Heinz Company (U.S.), Arla Foods amba (Denmark), Amway Corporation (U.S.), PepsiCo, Inc. (U.S.), Kellogg Company (U.S.), and General Mills, Inc. (U.S.).
Countries from Asia & Latin America are projected to offer significant growth opportunities for the vendors in this market due to factors such as the growing population, the region’s growing food & beverage processing sector, increasing demand for fortified food, and growing focus on wellness trends.
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Top-Down Approach
2.3.1.3. Growth forecast
2.4. Assumptions for the Study
2.5. Limitations of the Study
3. Executive Summary
3.1. Introduction
3.2. Segmental Analysis
3.2.1. Functional Food and Beverages Market Analysis, by Type
3.2.2. Functional Food and Beverages Market Analysis, by Application
3.2.3. Functional Food and Beverages Market Analysis, by Distribution Channel
3.3. Regional Analysis
3.4. Key Players
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Demand for Healthy & Nutrition-rich Diets
4.2.2. Rising Demand for Sports & Performance Drinks
4.2.3. Growing Innovation and New Product Developments
4.2.4. Changes in Lifestyle and Rising Incidences of Chronic Diseases
4.3. Restraints
4.3.1. High Prices of Functional Food and Beverages
4.3.2. Stringent Government Regulations & Guidelines
4.4. Opportunities
4.4.1. Increased Investment and Expansions in the Functional Food and Beverages Industry
4.4.2. Rapid Growth of the Retail Sector
4.5. Trends
4.5.1. Healthy Snacking
4.5.2. Clean-label
5. Functional Food and Beverages Market, by Type
5.1. Introduction
5.2. Functional Food
5.2.1. Dairy Products
5.2.2. Bakery Products
5.2.3. Snacks
5.2.4. Confectionery Products
5.2.5. Infant Food Products
5.2.6. Other Functional Foods
5.3. Functional Beverages
5.3.1. Energy Drinks
5.3.2. Sports Drinks
5.3.3. Fortified Juices
5.3.4. Dairy-based Beverages
5.3.5. Other Functional Beverages
6. Functional Food and Beverages Market, by Application
6.1. Introduction
6.2. Health & Wellness
6.3. Sports Nutrition
6.4. Weight Management
6.5. Cardio Health
6.6. Clinical Nutrition
6.7. Immunity
6.8. Digestive Health
6.9. Other Applications
7. Functional Food and Beverages Market, by Distribution Channel
7.1. Introduction
7.2. Supermarkets & Hypermarkets
7.3. Convenience Stores
7.4. Specialty Stores
7.5. E-commerce
7.6. Other Distribution Channels
8. Functional Food and Beverages Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Asia-Pacific
8.3.1. China
8.3.2. India
8.3.3. Japan
8.3.4. Australia
8.3.5. South Korea
8.3.6. Rest of Asia-Pacific (RoAPAC)
8.4. Europe
8.4.1. U.K.
8.4.2. Germany
8.4.3. France
8.4.4. Spain
8.4.5. Italy
8.4.6. Rest of Europe (RoE)
8.5. Latin America
8.5.1. Brazil
8.5.2. Mexico
8.5.3. Argentina
8.5.4. Rest of Latin America (RoLATAM)
8.6. Middle East & Africa
9. Competitive Landscape
9.1. Introduction
9.2. Key Strategic Developments
9.3. Competitive Benchmarking
10. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
10.1. The Coca-Cola Company
10.2. Danone S.A.
10.3. Glanbia plc
10.4. Hearthside Food Solutions LLC
10.5. Mars, Incorporated
10.6. Meiji Holdings Co., Ltd.
10.7. Nestlé S.A.
10.8. Raisio plc
10.9. Royal FrieslandCampina N.V.
10.10. The Kraft Heinz Company
10.11. Arla Foods amba
10.12. Amway Corporation
10.13. PepsiCo, Inc.
10.14. Kellogg Company
10.15. General Mills, Inc.
11. Appendix
11.1. Available Customization
11.2. Related Reports
List of Tables
Table 1 Global Functional Food and Beverages Market: Impact Analysis of Market Drivers (2021–2030)
Table 2 Global Functional Food and Beverages Market: Impact Analysis of Market Restraints (2021–2030)
Table 3 Price Difference Between Processed Functional Foods and Conventional Processed Foods, 2019 (USD)
Table 4 Global Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 5 Global Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 6 Global Functional Food Market Size, by Country/Region, 2021–2030 (USD Million)
Table 7 Global Functional Dairy Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 8 Global Functional Bakery Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 9 Global Functional Snacks Market Size, by Country/Region, 2021–2030 (USD Million)
Table 10 Global Functional Confectionery Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 11 Global Infant Food Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 12 Other Functional Foods Market Size, by Country/Region, 2021–2030 (USD Million)
Table 13 Global Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 14 Global Functional Beverages Market Size, by Country/Region, 2021–2030 (USD Million)
Table 15 Global Energy Drinks Market Size, by Country/Region, 2021–2030 (USD Million)
Table 16 Global Sports Drinks Market Size, by Country/Region, 2021–2030 (USD Million)
Table 17 Global Fortified Juices Market Size, by Country/Region, 2021–2030 (USD Million)
Table 18 Global Dairy-based Beverages Market Size, by Country/Region, 2021–2030 (USD Million)
Table 19 Other Functional Beverages Market Size, by Country/Region, 2021–2030 (USD Million)
Table 20 Global Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 21 Global Functional Food and Beverages Market Size for Health & Wellness, by Country/Region, 2021–2030 (USD Million)
Table 22 Global Functional Food and Beverages Market Size for Sports Nutrition, by Country/Region, 2021–2030 (USD Million)
Table 23 Global Functional Food and Beverages Market Size for Weight Management, by Country/Region, 2021–2030 (USD Million)
Table 24 Global Functional Food and Beverages Market Size for Cardio Health, by Country/Region, 2021–2030 (USD Million)
Table 25 Global Functional Food and Beverages Market Size for Clinical Nutrition, by Country/Region, 2021–2030 (USD Million)
Table 26 Global Functional Food and Beverages Market Size for Immunity, by Country/Region, 2021–2030 (USD Million)
Table 27 Global Functional Food and Beverages Market Size for Digestive Health, by Country/Region, 2021–2030 (USD Million)
Table 28 Global Functional Food and Beverages Market Size for Other Applications, by Country/Region, 2021–2030 (USD Million)
Table 29 Global Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 30 Global Functional Food and Beverages Market Size for Supermarkets & Hypermarkets, by Country/Region, 2021–2030 (USD Million)
Table 31 Global Functional Food and Beverages Market Size for Convenience Stores, by Country/Region, 2021–2030 (USD Million)
Table 32 Global Functional Food and Beverages Market Size for Specialty Stores, by Country/Region, 2021–2030 (USD Million)
Table 33 Global Functional Food and Beverages Market Size for E-commerce, by Country/Region, 2021–2030 (USD Million)
Table 34 Global Functional Food and Beverages Market Size for Other Distribution Channels, by Country/Region, 2021–2030 (USD Million)
Table 35 Global Functional Food and Beverages Market Size, by Region, 2021–2030 (USD Million)
Table 36 North America: Functional Food and Beverages Market Size, by Country, 2021–2030 (USD Million)
Table 37 North America: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 38 North America: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 39 North America: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 40 North America: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 41 North America: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 42 U.S.: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 43 U.S.: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 44 U.S.: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 45 U.S.: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 46 U.S.: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 47 Canada: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 48 Canada: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 49 Canada: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 50 Canada: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 51 Canada: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 52 Asia-Pacific: Functional Food and Beverages Market Size, by Country/Region, 2021–2030 (USD Million)
Table 53 Asia-Pacific: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 54 Asia-Pacific: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 55 Asia-Pacific: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 56 Asia-Pacific: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 57 Asia-Pacific: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 58 China: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 59 China: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 60 China: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 61 China: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 62 China: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 63 India: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 64 India: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 65 India: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 66 India: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 67 India: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 68 Japan: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 69 Japan: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 70 Japan: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 71 Japan: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 72 Japan: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 73 Australia: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 74 Australia: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 75 Australia: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 76 Australia: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 77 Australia: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 78 South Korea: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 79 South Korea: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 80 South Korea: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 81 South Korea: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 82 South Korea: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 83 Rest of Asia-Pacific: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 84 Rest of Asia-Pacific: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 85 Rest of Asia-Pacific: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 86 Rest of Asia-Pacific: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 87 Rest of Asia-Pacific: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 88 Europe: Functional Food and Beverages Market Size, by Country/Region, 2021–2030 (USD Million)
Table 89 Europe: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 90 Europe: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 91 Europe: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 92 Europe: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 93 Europe: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 94 U.K.: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 95 U.K.: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 96 U.K.: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 97 U.K.: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 98 U.K.: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 99 Germany: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 100 Germany: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 101 Germany: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 102 Germany: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 103 Germany: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 104 France: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 105 France: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 106 France: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 107 France: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 108 France: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 109 Spain: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 110 Spain: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 111 Spain: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 112 Spain: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 113 Spain: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 114 Italy: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 115 Italy: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 116 Italy: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 117 Italy: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 118 Italy: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 119 Rest of Europe: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 120 Rest of Europe: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 121 Rest of Europe: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 122 Rest of Europe: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 123 Rest of Europe: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 124 Latin America: Functional Food and Beverages Market Size, by Country/Region, 2021–2030 (USD Million)
Table 125 Latin America: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 126 Latin America: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 127 Latin America: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 128 Latin America: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 129 Latin America: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 130 Brazil: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 131 Brazil: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 132 Brazil: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 133 Brazil: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 134 Brazil: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 135 Mexico: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 136 Mexico: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 137 Mexico: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 138 Mexico: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 139 Mexico: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 140 Argentina: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 141 Argentina: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 142 Argentina: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 143 Argentina: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 144 Argentina: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 145 Rest of Latin America: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 146 Rest of Latin America: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 147 Rest of Latin America: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 148 Rest of Latin America: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 149 Rest of Latin America: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 150 Middle East & Africa: Functional Food and Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 151 Middle East & Africa: Functional Food Market Size, by Type, 2021–2030 (USD Million)
Table 152 Middle East & Africa: Functional Beverages Market Size, by Type, 2021–2030 (USD Million)
Table 153 Middle East & Africa: Functional Food and Beverages Market Size, by Application, 2021–2030 (USD Million)
Table 154 Middle East & Africa: Functional Food and Beverages Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 155 Number of Developments by Major Players During 2019–2022
List of Figures
Figure 1 Key Stakeholders
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply-side & Demand-side)
Figure 7 Market Size Estimation
Figure 8 In 2023, the Functional Food Segment to Dominate the Market
Figure 9 In 2023, the Health & Wellness Segment to Dominate the Market
Figure 10 The E-Commerce Segment to Register the Highest CAGR During 2023–2030
Figure 11 Asia-Pacific to be the Fastest-Growing Regional Market
Figure 12 Market Dynamics
Figure 13 U.S.: Annual Retail Sales, 2013–2020 (USD Million)
Figure 14 Global Functional Food and Beverages Market Size, by Type, 2023 Vs. 2030 (USD Million)
Figure 15 Global Functional Food Market Size, by Type, 2023 Vs. 2030 (USD Million)
Figure 16 Global Functional Beverages Market Size, by Type, 2023 Vs. 2030 (USD Million)
Figure 17 Global Functional Food and Beverages Market Size, by Application, 2023 Vs. 2030 (USD Million)
Figure 18 Global Functional Food and Beverages Market Size, by Distribution Channel, 2023 Vs. 2030 (USD Million)
Figure 19 Global Functional Food and Beverages Market Size, by Region, 2023 Vs. 2030 (USD Million)
Figure 20 North America: Functional Food and Beverages Market Snapshot (2023)
Figure 21 Asia-Pacific: Functional Food and Beverages Market Snapshot (2023)
Figure 22 Europe: Functional Food and Beverages Market Snapshot (2023)
Figure 23 Latin America: Functional Food and Beverages Market Snapshot (2023)
Figure 24 Argentina: Population Aged 60 and Above, 1975–2050 (Thousand)
Figure 25 Middle East & Africa: Functional Food and Beverages Market Snapshot (2023)
Figure 26 Key Growth Strategies Adopted by Leading Players, 2019–2022
Figure 27 Functional Food and Beverages Market: Competitive Benchmarking, by Type
Figure 28 The Coca-Cola Company: Financial Overview (2021)
Figure 29 Danone S.A.: Financial Overview (2021)
Figure 30 Glanbia plc: Financial Overview (2021)
Figure 31 Meiji Holdings Co., Ltd.: Financial Overview (2022)
Figure 32 Nestlé S.A.: Financial Overview (2021)
Figure 33 Raisio plc: Financial Overview (2021)
Figure 34 Royal FrieslandCampina N.V.: Financial Overview (2021)
Figure 35 The Kraft Heinz Company: Financial Overview (2021)
Figure 36 Arla Foods amba: Financial Overview (2021)
Figure 37 PepsiCo, Inc.: Financial Overview (2021)
Figure 38 Kellogg Company: Financial Overview (2021)
Figure 39 General Mills, Inc.: Financial Overview (2022)
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