Functional Foods and Beverages Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 171 SKU: IRTNTR41483

The Functional Foods and Beverages Market is projected to increase by USD 132.84 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 7.45% between 2022 and 2027. In 2017 the market size was valued at USD 240.20 billion.

Product innovations is a key factor driving the functional foods and beverages market growth. Manufacturers of functional foods and beverages are laying special emphasis on balancing functional benefits and flavours in the market to match the changing consumer preferences. Brands are also focusing on sugar-free and low-calorie formulations as these are in high demand. Advances in technology have enabled the development of products that mask the unpleasant taste of some functional ingredients. For example, effective microencapsulation allows manufacturers to hide the bitter taste of amino acids and other ingredients. Over the past few years, the market has also witnessed growth because of better packaging and innovation. Several companies are using innovative packaging designs to market their products. Unlike paper, other alternatives are flexible and take various shapes of the product. 

This market is segmented by product into functional foods and functional beverages. The functional foods segment will contribute 40% to the growth of the market. With consumers gradually moving toward healthier alternatives, the demand for healthy foods is increasing. This is primarily because of an increase in health conditions such as digestive disorders and common lifestyle diseases such as diabetes, obesity, hypertension, and heart ailments. The organic functional foods segment is registering exponential growth as consumers across all regions have started opting for products made using organic ingredients. 

Functional Foods and Beverages Market: Overview

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Key Trend and Challenge

The increasing use of natural ingredients and botanicals in functional drinks is notably driving the market growth, although factors such as product ingredient labelling may impede the market growth. Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help stakeholders in the value chain refine their marketing strategies to gain a competitive advantage.

Trend

The increasing use of natural ingredients and botanicals in functional drinks is the primary trend in the functional foods market. The market is witnessing the launch of more functional drinks containing natural ingredients. Vendors in the market are experimenting with unique ingredients and are introducing numerous assortments of natural functional drinks.

Scheckter's Organic Energy is a 100% organic energy drink. It contains organic Brazilian guarana, organic raw Brazilian coffee seed, ginkgo Biloba, organic pomegranate juice, organic ginseng, organic elderberry, organic lemon juice, organic raw fair trade sugar, and natural spring water. The introduction of natural ingredient-based functional drinks is expected to have a positive impact on the growth of the market in focus during the forecast period.

Challenge

Product ingredient labeling is the major challenge hindering the functional foods market growth. Skepticism regarding the effectiveness and health benefits of functional foods and beverages can inhibit market growth. Research has been conducted to validate the claims made by the manufacturers of these foods and beverages regarding their effectiveness and to check for health risks associated with the consumption of these products.

Some studies have shown that many of the ingredients found in popular energy drinks have side effects and contain more than the recommended amount of potentially harmful chemicals. Studies have also stated that the mixing of functional beverages formulated to boost energy (such as those containing caffeine) with those formulated to lower blood pressure (such as those containing taurine) can cause side effects in the body. Such factors are expected to hinder the growth of the global foods and beverages market during the forecast period.

Customer Landscape

The report includes the adoption lifecycle of the functional foods market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Functional Foods and Beverages Market Customer Landscape

Vendor Overview

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the functional foods market.

  • Key Offering - Adm offers a wide range of functional foods and beverages such as nutrition bars, cereals, snacks, baked goods, and dairy products.
  • Key Offering - Campbellsoupcompany offers a wide range of functional foods and beverages under its brands Pacific Foods, V8.
  • Key Offering - Danone offers a wide range of functional foods and beverages through its brands WhiteWave, Aqua, and Bonafont.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Archer Daniels Midland Co.
  • Arla Foods amba
  • Campbell Soup Co.
  • Danone SA
  • Del Monte Pacific Ltd.
  • Fonterra Cooperative Group Ltd.
  • General Mills Inc.
  • Hildur Functional Foods Pvt. Ltd.
  • Kellogg Co
  • Keurig Dr Pepper Inc.
  • Nestle SA
  • Otsuka Holdings Co. Ltd.
  • PepsiCo Inc.
  • Suntory Holdings Ltd.
  • T.C. Pharmaceutical Industries Co. Ltd.
  • The Coca Cola Co.
  • The Kraft Heinz Co.
  • Tyson Foods Inc.
  • Unilever PLC
  • Zbiotics Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Functional Foods and Beverages Market Segmentation by Distribution Channel

The functional foods and beverages market segmentation by distribution channel consists of offline and online. Supermarket and hypermarket  Supermarkets and hypermarkets are the most popular and preferred distribution channels for functional foods and beverages, given the convenience of availing a wide assortment of products under one roof. Furthermore, factors such as discounts and an enhanced shopping experience enabled by attractive shelf displays entice consumers to purchase functional foods and beverages from supermarkets and hypermarkets. 

Functional Foods and Beverages Market Segmentation by Product

The functional foods and beverages market segmentation by product consists of functional foods and functional beverages. The market share growth of the functional foods segment will be significant during the forecast period. The market is driven by product and ingredient innovations in the functional food segment. The increasing demand for functional foods among the ageing population, health-conscious adults, and parents concerned about their children's health are factors driving the growth of the functional foods segment during the forecast period. 

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The functional foods segment was valued at USD 154.54 billion in 2017 and continued to grow until 2021. The demand for healthy foods is increasing with consumers gradually moving toward healthier alternatives. The organic functional foods segment is registering exponential growth as consumers across all regions have started opting for products made using organic ingredients due to their higher nutritional profile than their conventional counterparts. Thus, increased awareness about the benefits of a healthy diet will trigger the demand for functional foods during the forecast period.

Key Regions for the Functional Foods and Beverages Market

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APAC is estimated to contribute 33% to the growth of the global functional foods market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The functional foods and beverages market in APAC is expected to witness the highest growth rate during the forecast period, owing to the high demand for these products in this region. China, Japan, South Korea, and India are the major contributors to the market in APAC. In terms of volume production, China is one of the key countries in the region. In these countries, there is an increasing inclination toward functional foods and beverages owing to the rise in health consciousness, especially among millennials.

The outbreak of COVID-19 resulted in lockdowns in major countries such as Malaysia, Indonesia, China, Japan, and India, which led to the partial or complete shutdown of production facilities in APAC. However, the rising demand for e-commerce channels is shifting consumer preference toward the online purchase of personal care products. E-commerce channels allow price-sensitive consumers to compare prices online and find the ideal deal. Thus, the regional functional foods and beverages market is expected to witness steady growth during the forecast period.

Segment Overview

The report forecasts on the functional foods market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Billion, 2017 - 2027)
    • Functional foods
    • Functional beverages
  • Distribution Channel Outlook (USD Billion, 2017 - 2027)
    • Offline
    • Online
  • Region Outlook (USD Billion, 2017 - 2027)
    • APAC
      • China
      • India
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Brazil
      • Argentina

Functional Foods And Beverages Market Scope

Report Coverage

Details

Page number

171

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.45%

Market growth 2023-2027

USD 132.84 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

6.52

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 33%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Archer Daniels Midland Co., Arla Foods amba, Campbell Soup Co., Danone SA, Del Monte Pacific Ltd., Fonterra Cooperative Group Ltd., General Mills Inc., Hildur Functional Foods Pvt. Ltd., Kellogg Co, Keurig Dr Pepper Inc., Nestle SA, Otsuka Holdings Co. Ltd., PepsiCo Inc., Suntory Holdings Ltd., T.C. Pharmaceutical Industries Co. Ltd., The Coca Cola Co., The Kraft Heinz Co., Tyson Foods Inc., Unilever PLC, and Zbiotics Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Functional Foods And Beverages Market Report?

  • CAGR of the functional foods market during the forecast period
  • Detailed information on factors that will drive the growth of the functional foods and beverages market between 2023 and 2027
  • Precise estimation of the size of the functional foods and beverages market size and its contribution of the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of functional foods and beverages market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global functional foods and beverages market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global functional foods and beverages market 2017 - 2021 ($ billion)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.3 Distribution channel Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Functional foods - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Functional foods - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Functional foods - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Functional foods - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Functional foods - Year-over-year growth 2022-2027 (%)
    • 6.4 Functional beverages - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Functional beverages - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Functional beverages - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Functional beverages - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Functional beverages - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ billion)

    7 Market Segmentation by Distribution Channel

    • 7.1 Market segments
      • Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)
    • 7.2 Comparison by Distribution Channel
      • Exhibit 45: Chart on Comparison by Distribution Channel
      • Exhibit 46: Data Table on Comparison by Distribution Channel
    • 7.3 Offline - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • 7.4 Online - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Distribution Channel
      • Exhibit 55: Market opportunity by Distribution Channel ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 59: Chart on Geographic comparison
      • Exhibit 60: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 Archer Daniels Midland Co.
              • Exhibit 108: Archer Daniels Midland Co. - Overview
              • Exhibit 109: Archer Daniels Midland Co. - Business segments
              • Exhibit 110: Archer Daniels Midland Co. - Key offerings
              • Exhibit 111: Archer Daniels Midland Co. - Segment focus
            • 12.4 Campbell Soup Co.
              • Exhibit 112: Campbell Soup Co. - Overview
              • Exhibit 113: Campbell Soup Co. - Business segments
              • Exhibit 114: Campbell Soup Co. - Key offerings
              • Exhibit 115: Campbell Soup Co. - Segment focus
            • 12.5 Danone SA
              • Exhibit 116: Danone SA - Overview
              • Exhibit 117: Danone SA - Business segments
              • Exhibit 118: Danone SA - Key news
              • Exhibit 119: Danone SA - Key offerings
              • Exhibit 120: Danone SA - Segment focus
            • 12.6 Del Monte Pacific Ltd.
              • Exhibit 121: Del Monte Pacific Ltd. - Overview
              • Exhibit 122: Del Monte Pacific Ltd. - Business segments
              • Exhibit 123: Del Monte Pacific Ltd. - Key offerings
              • Exhibit 124: Del Monte Pacific Ltd. - Segment focus
            • 12.7 Fonterra Cooperative Group Ltd.
              • Exhibit 125: Fonterra Cooperative Group Ltd. - Overview
              • Exhibit 126: Fonterra Cooperative Group Ltd. - Business segments
              • Exhibit 127: Fonterra Cooperative Group Ltd. - Key news
              • Exhibit 128: Fonterra Cooperative Group Ltd. - Key offerings
              • Exhibit 129: Fonterra Cooperative Group Ltd. - Segment focus
            • 12.8 General Mills Inc.
              • Exhibit 130: General Mills Inc. - Overview
              • Exhibit 131: General Mills Inc. - Business segments
              • Exhibit 132: General Mills Inc. - Key news
              • Exhibit 133: General Mills Inc. - Key offerings
              • Exhibit 134: General Mills Inc. - Segment focus
            • 12.9 Hildur Functional Foods Pvt. Ltd.
              • Exhibit 135: Hildur Functional Foods Pvt. Ltd. - Overview
              • Exhibit 136: Hildur Functional Foods Pvt. Ltd. - Product / Service
              • Exhibit 137: Hildur Functional Foods Pvt. Ltd. - Key offerings
            • 12.10 Kellogg Co
              • Exhibit 138: Kellogg Co - Overview
              • Exhibit 139: Kellogg Co - Business segments
              • Exhibit 140: Kellogg Co - Key news
              • Exhibit 141: Kellogg Co - Key offerings
              • Exhibit 142: Kellogg Co - Segment focus
            • 12.11 Keurig Dr Pepper Inc.
              • Exhibit 143: Keurig Dr Pepper Inc. - Overview
              • Exhibit 144: Keurig Dr Pepper Inc. - Business segments
              • Exhibit 145: Keurig Dr Pepper Inc. - Key news
              • Exhibit 146: Keurig Dr Pepper Inc. - Key offerings
              • Exhibit 147: Keurig Dr Pepper Inc. - Segment focus
            • 12.12 Nestle SA
              • Exhibit 148: Nestle SA - Overview
              • Exhibit 149: Nestle SA - Business segments
              • Exhibit 150: Nestle SA - Key news
              • Exhibit 151: Nestle SA - Key offerings
              • Exhibit 152: Nestle SA - Segment focus
            • 12.13 PepsiCo Inc.
              • Exhibit 153: PepsiCo Inc. - Overview
              • Exhibit 154: PepsiCo Inc. - Business segments
              • Exhibit 155: PepsiCo Inc. - Key news
              • Exhibit 156: PepsiCo Inc. - Key offerings
              • Exhibit 157: PepsiCo Inc. - Segment focus
            • 12.14 Suntory Holdings Ltd.
              • Exhibit 158: Suntory Holdings Ltd. - Overview
              • Exhibit 159: Suntory Holdings Ltd. - Business segments
              • Exhibit 160: Suntory Holdings Ltd. - Key offerings
              • Exhibit 161: Suntory Holdings Ltd. - Segment focus
            • 12.15 The Coca Cola Co.
              • Exhibit 162: The Coca Cola Co. - Overview
              • Exhibit 163: The Coca Cola Co. - Business segments
              • Exhibit 164: The Coca Cola Co. - Key news
              • Exhibit 165: The Coca Cola Co. - Key offerings
              • Exhibit 166: The Coca Cola Co. - Segment focus
            • 12.16 The Kraft Heinz Co.
              • Exhibit 167: The Kraft Heinz Co. - Overview
              • Exhibit 168: The Kraft Heinz Co. - Business segments
              • Exhibit 169: The Kraft Heinz Co. - Key offerings
              • Exhibit 170: The Kraft Heinz Co. - Segment focus
            • 12.17 Unilever PLC
              • Exhibit 171: Unilever PLC - Overview
              • Exhibit 172: Unilever PLC - Business segments
              • Exhibit 173: Unilever PLC - Key news
              • Exhibit 174: Unilever PLC - Key offerings
              • Exhibit 175: Unilever PLC - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 176: Inclusions checklist
                • Exhibit 177: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 178: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 179: Research methodology
                • Exhibit 180: Validation techniques employed for market sizing
                • Exhibit 181: Information sources
              • 13.5 List of abbreviations
                • Exhibit 182: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              functional foods and beverages market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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