Over the past few years, the global market for functional drinks has witnessed a tremendous growth owing to the rising awareness about their benefits. These benefits include immune system strengthening, mental energy improvement, bone and heart health enhancement, cholesterol management, and other benefits associated with eye health. The changing consumer lifestyles and rising healthcare expenditure are also playing a vital ... Read more
In U.S., big chain stores, for example, Walmart have sturdy presence. These stores offer buyers a more broad selection of products at lesser costs in contrast to small competitor stores. Inflow of new flavors in addition to products is additionally working for the market.
Functional drinks are non-alcoholic, ready to drink beverages that include non-traditional ingredients. Some of the most common ingredients found in functional drinks include herbs, minerals, vitamins, amino acids and some additional raw fruits or vegetables. Functional ... Read more
Technavio analysts forecast the global functional drinks market to grow at a CAGR close to 11% during the forecast period, according to their latest market research report.
Growing popularity of e-commerce is one of the major trends being witnessed in the global functional drinks market 2019-2023. Grocery ... Read more
Technavio has been monitoring the global functional drinks market since 2016 and the market is poised to grow by USD 155.98 billion during 2019-2023, progressing at a CAGR of almost 11% during the forecast period.
The market is driven by new product launches which will boost the growth of the functional drinks market. Over the last few years, vendors have been focusing on new product launches in the ... Read more
