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Functional Drinks Market is estimated to represent a global market of USD 74.9 billion by 2017 with growth rate of 8.2%.

Functional Drinks Market, By Types (Energy Drinks, Sports Drinks, and Nutraceutical Drinks), By Distribution Channel, and Geography (NA, EU, APAC, and RoW)-Analysis, Share, Trends, Size, & Forecast From 2014-2025

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WMR-Western Market Research has recently published a comprehensive and exclusive research report, which is an intelligent study covering all key segments. This research report provides breakthrough inputs and insights on market related factors like size, competition, trends, analysis, forecasts etc. The study encompasses primary and secondary data sources along with quantitative and qualitative practices thus assuring data accuracy.
REPORT HIGHLIGHT

The functional drinks market is estimated to represent a global market of USD 74.9 billion by 2017 with growth rate of 8.2%.

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Types Takeaway

In terms of different drink types, the industry is bifurcated as Energy, Sports, and Nutraceutical. Energy drinks are accounted for the highest share and are projected to maintain its dominance over the study period. Hypermarkets, On-trade, Retail Stores, and others are covered under distribution channel segment. Hypermarkets are the most significant distribution channel for these products, sharing 55.6% of the total market revenue. The degree of competition among retail stores varies from country to country which establishes a healthy platform for the growth of this distribution channel. For example, Tesco PLC has launched its own range of energy drinks in the United Kingdom and Sainsburys has done likewise with its Blue Bolt drink.

Global Functional Drinks Market, by Types, 2017 (Value%)

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Regional Takeaway

Geographically, the market is divided into North America, Europe, Asia Pacific, and Rest of the World. North America captured highest share (i.e. 45.23%) of the overall industry in 2017 and is likely to dominate the market during the study period. However, developing regions such as Asia Pacific, Latin America and the Middle East and Africa is anticipated to grow with highest growth rate owing to the increasing demand for functional drinks.

Key Vendor Takeaway

The worldwide functional drinks industry is fragmented in nature, with the top four key players holding around 55% of the total market share. Companies present in this industry are generally large companies. The Coca-Cola Company, Monster Beverage Corporation, Red Bull Gmbh, Pepsico, Inc., and others are actively operating in this market. Of these, Pepsico, Inc. emerged as the leading company in this market, generated approximately 20% share of the total market.

Additionally, companies such as Red Bull are exclusively focused on functional drinks. However, these types of companies are increasingly facing competition from large-scale players such as pharmaceutical companies such as Taisho Pharmaceutical and Coca-Cola. For instance, Coca-Cola Company produces more than 3,500 beverage products which include a variety of sparkling and beverages, providing the company a strong platform for market growth.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year-2014 & 2016
Base Year-2017
Estimated Year-2018
Projected Year-2025
TARGET AUDIENCE

Traders, Distributors, and Suppliers
Manufacturers
Hospitals
Government and Regional Agencies and Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY TYPES

Energy Drinks
Sports Drinks
Nutraceutical Drinks
MARKET, BY DISTRIBUTION CHANNEL

Hypermarkets
On-trade
Retail Stores
Others
MARKET, BY REGION

North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America

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