Functional food and beverage market. 70% during the forecast period.

Functional food and beverage market 9% CAGR. The Functional Beverage Market is expected to reach USD 229. 6 Billion . , 2023). 3 billion in 2030, at a CAGR of 4. 0 billion (accounting for one-third of the market), followed by sports drinks at $12. 5% (Kumar et al. Since March 2020, there has been a surge in sales for immunity boosting food and beverages. In 2024, the market size is projected to reach a valuation of USD 129. 2 billion. The global brain health functional food and beverage market size was valued at USD 18. Brain Health Functional Food And Beverage Market 2025: Projected to hit USD 34. 83B by 2029 at 10. 60 billion by 2032, at a CAGR of 10. 3% between the period 2021-2026. 06 million by 2033 from USD 215. dollars in 2017 to over 440 billion Functional beverages fortified with vitamins, minerals, and botanical extracts gained popularity as consumers sought better-for-you alternatives. , Danone S. 4 billion in 2022 to $324. (New York, United The global functional food and beverage market size was USD 364. 5 Historic Market Size. Clover Sonoma offers an organic whole milk formulated with DHA and choline and a lactose-free organic whole milk under its Clover the Rainbow line for kids. 49% to reach USD 329. , Monster Beverage Corporation and The Coca-Cola Company are the major companies operating in this market. 71% during the forecast period. The $50 billion US functional beverage market is forecast to reach $62 billion in 2027, growing at a 4. seeking out food and beverage products which have functional benefits, particularly immune boosting benefits. Euromonitor estimated it was worth US$48. 52%. 4 billion by 2027 with a compound annual growth rate (CAGR) of 8. The North America Functional Beverage Market is expected to reach USD 57. According to Statista, the global market for functional foods and beverages is expected to reach a valuation of more than $500 billion by 2028, up from $281 billion in 2021, representing a compound annual growth rate (CAGR) of 9. 4%, with brands focusing on nootropic and gut-health-enhancing formulations. Despite critical challenges faced by the functional food industry, staying ahead in this dynamic landscape requires continuous research with sound science and adherence to regulatory The functional food ingredients market is expected to grow from USD 119. 13 billion by 2024, with a projected Compound Annual Growth Rate (CAGR)(2022–2027) of 7. Uncover critical growth factors, market dynamics, and segment forecasts. PepsiCo, Inc. The growing global interest in brain health and cognitive optimization especially in adult population is a key factor driving the growth of the global market. Modern consumers are demonstrating a stronger inclination towards products th Jan 14, 2025 · Gut-friendly sodas, vitamin-rich juices and other functional beverages are expected to grow in 2025 as brands focus on backing up claims with scientific evidence or potentially face legal scrutiny. The functional beverages market is expected to grow to $208. In 2021, the global functional foods and beverage market was worth 281. 68 billion by 2030. 1 Global Functional Foods And Beverages Market 2019 - 2023. Report Highlights. Historic Market Size - Data Table on Global Functional Foods And Beverages Market 2019 - 2023 ($ billion) 5. ” 5. Growing Health Awareness among Individuals. 2 While energy Aug 1, 2023 · Functional food production has been the primary focus of recent food industry developments (Misra et al. Oct 23, 2024 · The global functional food and beverage market has been valued at over $281bn and forecast to be worth over half a trillion by 2028, according to Statista. Asia Pacific dominated the functional food and beverage market with a market share of 39. 75 billion in 2025 and grow at a CAGR of 7. Notably, health and wellness food and beverage sales soared to USD 10. 88 billion by 2030. 2 Product segment analysis 2019 - 2023. 5. S. (Florida, United States), PepsiCo Inc. Dec 13, 2022 · The Canadian functional food and beverage market is projected to reach $19. Global Functional Food Market Size. And many believe the global pandemic in 2020 to be the catalyst for its dominance, as consumers shifted towards products that support health and wellbeing. As per the current market research conducted by CMI Team, the global Functional Food and Beverage Market is expected to record a CAGR of 6. 8% during the forecast period. 7% from 2024 to 2033. India Functional Foods Market. Recent studies by Fortune Business Insights (FBI) and by TBRC helps provide a comprehensive overview of the functional foods market. 8 billion by 2029, representing a CAGR of 6. 51 million In 2025, growing at a CAGR of 6. 33% over the forecast period (2025-2032). 3 Distribution Channel segment analysis 2019 - 2023. Apr 4, 2024 · Consumers are hungry for nutrition, a fact underlined by the burgeoning market for functional foods and beverages. 5% from 2023 to 2030 Grand View Research Logo The functional food sector is growing as more consumers express an interest in preventing (or even curing) health problems through dietary choices, rather than depending on supplements or pharmaceuticals. The market is projected to grow from USD 398. Functional foods can be described as modified foods that claim to improve Functional Food Market Analysis The Functional Food Market is expected to register a CAGR of 2. The India Functional Foods Market is flourishing, propelled by a surge in health awareness among individuals. A. The Global Functional Food Market Size was valued at USD 189. 14 billion U. 5 percent between Mar 14, 2024 · The future of the functional food market looks bright; the worldwide revenue for functional food is projected to increase from about 300 billion U. 98 million in 2024, and is anticipated to be worth USD 362. 4% for the period of 2022-2027. 90% to reach USD 80. Historic Market Size - Product Segment 2019 - 2023 ($ billion) 5. The functional beverages market is expected to grow to $208. Innova Market Insights reports that 17% of all global new food and beverage launches with functional ingredients were for babies and toddlers last year. Discover comprehensive analysis on the Functional Food and Beverage Market, expected to grow from 300 billion USD in 2024 to 500 billion USD by 2033 at a CAGR of 6. Access in-depth analysis on trends, market dynamics, and competitive landscape for data-driven decisions. 33% over the forecast period. The US functional drinks market is bubbling up Drivers for functional drinks. , Monster Beverage Corporation, Red Bull GmbH, Danone SA and The Coca-Cola Company are the major companies operating in this market. 5 billion in 2021. Functional food ingredients that support better sleep, reduce stress and improve focus are in demand and driving product innovation. Jun 28, 2023 · These trends underscore the increasing significance of mental well-being and cognitive enhancement in our fast-paced world. 2 billion in 2024 to USD 165. The market is predicted to grow at a compound annual growth rate of about 9. Mar 17, 2025 · The global functional food and beverage market size was USD 364. 4 billion in 2020 and it would grow at a CAGR of 6. 1 Energy drinks lead as the largest functional beverage category at $16. The US is the largest functional beverages market globally. 3 billion in 2021, positioning India as the 15th largest global market. 70% during the forecast period. Nestle SA, PepsiCo, Inc. , 2021). Aug 1, 2023 · Functional food production has been the primary focus of recent food industry developments (Misra et al. Rising demand for nutrient-rich food due to hectic lifestyles and increased consumer awareness of the health advantages of these food items are expected to drive market growth in the U. 94 billion in 2025 and grow at a CAGR of 6. Growth Drivers. Food manufacturers have leveraged the trend, ‘food as medicine’ and are developing food and beverages that provide a functional benefit. 81 billion in 2025 to USD 793. 6% during 2020-25. 10 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10. Jun 1, 2019 · The FF market is the fastest-growing sector of global food market, and the functional beverage market is the fastest growing segment within the FF sector, valued $25 billion in 2005 (Marete, Jacquier, & O'Riordan, 2011). dollars. The market is projected to grow USD 285. 18 billion in 2024. The global functional food market size was calculated to be US$ 201. From 2025 to 2035, the industry is projected to expand at a CAGR of 5. 2B by 2026, growing at an anticipated Compounded Annual Growth Rate of 6. The development is expected to be fueled by rising demand for nutritious and fortifying food additives. 5% CAGR (2022-2027). The functional food industry is experiencing a significant transformation driven by evolving consumer preferences and increasing health consciousness. As the functional food and beverage market continues to evolve, it is crucial for brands to consider incorporating adaptogens and nootropics into their innovative and personalized offerings to meet these consumer needs. Dec 12, 2023 · Key companies covered in the functional food and beverage market are The Coca-Cola Company (Georgia, United States), Celsius Holding, Inc. The global market for functional food and beverages should grow from $216. Feb 4, 2024 · As we explored the Asia Food and Beverage Statistics in the functional food market segment, it is evident that health-conscious trends will persist and evolve. 5%. 5% during the forecast period (2024-2031). Brain health functional food and beverage market is anticipated to grow at a significant CAGR of 10. 45% in 2024. Functional Beverage Market Overview. embu jgsokg igi tocwup cdsk jhnvox hmpw buz ryrs ybcag wzdp nkyay ncbv sfwqsc pxnsf