ReportsnReports.com adds Global Functional Drinks Market 2016-2020 latest research report, the analysts forecast the global functional drinks market to grow at a CAGR of 8.77% during the period 2016-2020.
Complete report on Functional Drinks market spread across 63 pages, analyzing 6 major companies and providing 28 data exhibits is now available at http://www.reportsnreports.com/reports/524620-global-functional-drinks-market-2016-2020.html.
The global functional drinks market is launching more functional drinks made using natural ingredients. Several vendors in the market are experimenting with unique ingredients and are introducing numerous assortments of natural functional drinks.
According to the functional drinks market report, functional drinks are being marketed as drinks that have additional ingredients to provide a range of health benefits. The presence of ingredients like minerals, vitamins, herbs, amino acids, anti-oxidants, and bacteria help provide beneficial effects to the body such as improved mental strength, enhanced immune system, improved heart rate, hydration and electrolyte replenishing benefits post exercise, improved digestive health, and intestinal flora and gut function. Order a copy of Global Functional Drinks Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=524620.
This report covers the present scenario and the growth prospects of the global functional drinks market for 2016-2020. To calculate the market size, the report considers the revenue from the sales.
Product segmentation and Analysis of the Functional Drinks Market - Functional fruit and vegetable juices, Energy beverages, Pro- and prebiotic drinks (drinking yogurt and sour milk products), Sports beverages, Functional ready-to-drink (RTD) tea, Dairy-alternative beverages and Functional water
During 2015, the functional fruit and vegetable juices segment dominated the market and accounted for more than 30% of the market share. Most of the functional fruit and vegetable juices contain natural fruit and vegetable extracts and do not contain added preservatives. Moreover, these beverages have a low-calorie content and reduced sugar substitutes to meet the growing demand for low-calorie and healthy beverages. Despite innovations in products and the use of new processing technique, the market for functional fruit and vegetable segment is expected to decline by the end of 2020.
During 2015, the Americas dominated the functional drinks market and accounted for over 38% of the total market share. Factors such as increasing consumer awareness about health and wellness and growing focus on outdoor activities to impel the growth prospects of this market in the region. Moreover, a growing number of health-conscious people looking for healthy alternatives to soft drinks will also aid in the growth of the functional drinks market in the Americas.
The global functional drinks market is highly competitive due to the presence of a few global players in the market. The growing presence of small- and mid-size vendors is further intensifying the competition. The providers in this market compete in terms of price, quality, product differentiation, distribution, and promotion to gain maximum market prominence during the forecast period.
Key players in the global functional drinks market: Coca-Cola, Danone, Monster Beverage, PepsiCo, Red Bull, and Yakult.
Other prominent vendors in the market are: Archer Daniels Midland (ADM), Campbell Soup, Del Monte Pacific, Dr. Pepper Snapple Group, Fonterra, GlaxoSmithKline, JDB Group, Kraft Heinz, Living Essentials, Nestlé, Otsuka Pharmaceutical, Rockstar, Suntory, TC Pharmaceutical Industries, The Hain Celestial Group, Unilever, Uni-President, Welch's, and White Wave Foods.
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