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Functional Drinks Global Industry Almanac 2020-2029

Summary

Global Functional Drinks industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The functional drinks market includes retail sales of sports drinks and energy drinks. Sports drinks are defined as drinks with performance-enhancing properties, described as 'isotonic', 'hypertonic', or 'hypotonic'. Energy drinks are defined as those with energy-enhancing properties; mainly carbonated and containing stimulants such as caffeine, taurine, guarana, glucuronolactone, yerba mate, along with glucose syrup (corn syrup) and maltodextrin. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
- By distribution channel, the market is segmented into convenience stores, hypermarkets, supermarkets, foodservice, and others. The scope of the other segment includes e-commerce, direct sellers, food & drinks specialists, vending machines, etc.
- All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using annual average exchange rates. The USD values may show a declining trend for a few countries, such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
- The global functional drinks market recorded revenues of $134,806.0 million in 2024, representing a compound annual growth rate (CAGR) of 9.5% between 2019–24.
- Market consumption volume increased with a CAGR of 7.8% between 2019–24, reaching a total of 40,236.8 million liters in 2024.
- The global functional drinks market registered strong growth during 2019–24, primarily driven by a rising consumer disposable income and widespread shift in consumer behavior.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global functional drinks market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global functional drinks market
- Leading company profiles reveal details of key functional drinks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global functional drinks market with five year forecasts by both value and volume
- Macroeconomic indicators provide insight into general trends within the Asia-Pacific economy

Reasons To Buy

- What was the size of the global functional drinks market by value in 2024?
- What will be the size of the global functional drinks market in 2029?
- What factors are affecting the strength of competition in the global functional drinks market?
- How has the market performed over the last five years?
- Who are the top competitors in the global functional drinks market?