The Asia Pacific Functional Beverages Market would witness market growth of 9.3% CAGR during the forecast period (2021-2027).
Functional beverages are a type of energy and non-alcoholic drink that contain ingredients like amino acids, raw fruits or vegetables, minerals, dietary fibers, probiotics, herbs, and vitamins. Moreover, drinks like enhanced fruit drinks, sports drinks, functional bottles of water, and energy drinks are some kinds of functional drinks that are easily available in the market.
Drink manufacturers are now capable to prepare innovative fortified drinks due to developments in microbiology, food engineering, biochemistry, and medicine, and therefore, it is anticipated that the growth of the functional beverages market would accelerate over the forecast period. Moreover, these drinks have become an essential need of customers, particularly the health-conscious customers. Further, factors such as surging demand for improved beverage goods, boost in production & new product launch, and rising health concerns among consumers are augmenting the growth of the global market. However, food safety issues and legislation would hamper the growth of the functional beverages market in the coming years.
In Asia-Pacific, the functional beverage market is witnessing a significant growth. The market growth in this region is attributed to the increasing demand from the younger generation, the hectic schedule of the rising urban middle-class population, the dearth of nutrients & energy among individuals, and the availability of a wide range of varieties of functional drinks. In addition, the growing demand from Japanese and Chinese markets is further boosting the growth of the regional market. On the other hand, India is increasingly becoming a rapidly growing market across Asia-Pacific.
Moreover, the Chinese market is growing at a rapid pace, due to the launch of new products by domestic & international enterprises. Further, frequent occurrence of arthritis, osteoporosis and cardiovascular disease, rising demand for convenience beverages, and evolving lifestyle of customers are some of the major factors accelerating the sales of functional drinks in this region. Thus, these determinants would open new growth prospects for the market in the coming years.
The China market dominated the Asia Pacific E-commerce Market by Country in 2020, thereby, achieving a market value of $1,332.5 Million by 2027. The Japan market is showcasing a CAGR of 11.5% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 11.5% during (2021 - 2027).
Based on End User, the market is segmented into Fitness Lifestyle Users, Athletes and Others. Based on Type, the market is segmented into Energy Drinks, Sports Drinks, Juices, Dairy-based Beverages and Others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Specialty Stores, E-commerce and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Functional Beverages Market is Projected to reach USD 140.7 Billion by 2027, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., The Coca Cola Company, Nestle S.A., Danone S.A., Meiji Holdings Co., Ltd., Monster Beverage Corporation, Suntory Beverage & Food Limited, National Beverage Corporation, Red Bull GmbH, and Clif Bar & Company.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Fitness Lifestyle Users
- Athletes
- Others
By Type
- Energy Drinks
- Sports Drinks
- Juices
- Dairy-based Beverages
- Others
By Distribution Channel
- Supermarket/Hypermarket
- Specialty Stores
- E-commerce
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- PepsiCo, Inc.
- The Coca Cola Company
- Nestle S.A.
- Danone S.A.
- Meiji Holdings Co., Ltd.
- Monster Beverage Corporation
- Suntory Beverage & Food Limited
- National Beverage Corporation
- Red Bull GmbH
- Clif Bar & Company
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Functional Beverages Market, by End User
1.4.2 Asia Pacific Functional Beverages Market, by Type
1.4.3 Asia Pacific Functional Beverages Market, by Distribution Channel
1.4.4 Asia Pacific Functional Beverages Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Feb – 2021, Aug) Leading Players
Chapter 4. Asia Pacific Functional Beverages Market by End User
4.1 Asia Pacific Fitness Lifestyle Users Market by Country
4.2 Asia Pacific Athletes Market by Country
4.3 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Functional Beverages Market by Type
5.1 Asia Pacific Energy Drinks Market by Country
5.2 Asia Pacific Sports Drinks Market by Country
5.3 Asia Pacific Juices Market by Country
5.4 Asia Pacific Dairy-based Beverages Market by Country
5.5 Asia Pacific Other Type Market by Country
Chapter 6. Asia Pacific Functional Beverages Market by Distribution Channel
6.1 Asia Pacific Supermarket/Hypermarket Market by Country
6.2 Asia Pacific Specialty Stores Market by Country
6.3 Asia Pacific E-commerce Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Functional Beverages Market by Country
7.1 China Functional Beverages Market
7.1.1 China Functional Beverages Market by End User
7.1.2 China Functional Beverages Market by Type
7.1.3 China Functional Beverages Market by Distribution Channel
7.2 Japan Functional Beverages Market
7.2.1 Japan Functional Beverages Market by End User
7.2.2 Japan Functional Beverages Market by Type
7.2.3 Japan Functional Beverages Market by Distribution Channel
7.3 India Functional Beverages Market
7.3.1 India Functional Beverages Market by End User
7.3.2 India Functional Beverages Market by Type
7.3.3 India Functional Beverages Market by Distribution Channel
7.4 South Korea Functional Beverages Market
7.4.1 South Korea Functional Beverages Market by End User
7.4.2 South Korea Functional Beverages Market by Type
7.4.3 South Korea Functional Beverages Market by Distribution Channel
7.5 Singapore Functional Beverages Market
7.5.1 Singapore Functional Beverages Market by End User
7.5.2 Singapore Functional Beverages Market by Type
7.5.3 Singapore Functional Beverages Market by Distribution Channel
7.6 Malaysia Functional Beverages Market
7.6.1 Malaysia Functional Beverages Market by End User
7.6.2 Malaysia Functional Beverages Market by Type
7.6.3 Malaysia Functional Beverages Market by Distribution Channel
7.7 Rest of Asia Pacific Functional Beverages Market
7.7.1 Rest of Asia Pacific Functional Beverages Market by End User
7.7.2 Rest of Asia Pacific Functional Beverages Market by Type
7.7.3 Rest of Asia Pacific Functional Beverages Market by Distribution Channel
Chapter 8. Company Profiles
8.1 PepsiCo, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.2 The Coca Cola Company
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.4.2 Product Launches and Product Expansions:
8.2.4.3 Acquisition and Mergers:
8.3 Nestle S.A.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.4 Danone S.A.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.4.5.3 Geographical Expansions:
8.5 Meiji Holdings Co., Ltd.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisitions and Mergers:
8.5.5.2 Product Launches and Product Expansions:
8.6 Monster Beverage Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.7 Suntory Beverage & Food Limited
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisitions and Mergers:
8.7.5.2 Product Launches and Product Expansions:
8.8 National Beverage Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.9 Red Bull GmbH
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.9.2.2 Product Launches and Product Expansions:
8.9.2.3 Geographical Expansions:
8.10. Clif Bar & Company
8.10.1 Company Overview
TABLE 1 Asia Pacific Functional Beverages Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Functional Beverages Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Functional Beverages Market
TABLE 4 Product Launches And Product Expansions– Functional Beverages Market
TABLE 5 Acquisition and Mergers– Functional Beverages Market
TABLE 6 Geographical Expansions– Functional Beverages Market
TABLE 7 Asia Pacific Functional Beverages Market by End User, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Functional Beverages Market by End User, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Fitness Lifestyle Users Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Fitness Lifestyle Users Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Athletes Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Athletes Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Functional Beverages Market by Type, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Functional Beverages Market by Type, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Energy Drinks Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Energy Drinks Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Sports Drinks Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Sports Drinks Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Juices Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Juices Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Dairy-based Beverages Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Dairy-based Beverages Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Other Type Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Other Type Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Functional Beverages Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Functional Beverages Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Supermarket/Hypermarket Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Supermarket/Hypermarket Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Specialty Stores Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Specialty Stores Market by Country, 2021 - 2027, USD Million
TABLE 33 Asia Pacific E-commerce Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific E-commerce Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Functional Beverages Market by Country, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Functional Beverages Market by Country, 2021 - 2027, USD Million
TABLE 39 China Functional Beverages Market, 2017 - 2020, USD Million
TABLE 40 China Functional Beverages Market, 2021 - 2027, USD Million
TABLE 41 China Functional Beverages Market by End User, 2017 - 2020, USD Million
TABLE 42 China Functional Beverages Market by End User, 2021 - 2027, USD Million
TABLE 43 China Functional Beverages Market by Type, 2017 - 2020, USD Million
TABLE 44 China Functional Beverages Market by Type, 2021 - 2027, USD Million
TABLE 45 China Functional Beverages Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 46 China Functional Beverages Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 47 Japan Functional Beverages Market, 2017 - 2020, USD Million
TABLE 48 Japan Functional Beverages Market, 2021 - 2027, USD Million
TABLE 49 Japan Functional Beverages Market by End User, 2017 - 2020, USD Million
TABLE 50 Japan Functional Beverages Market by End User, 2021 - 2027, USD Million
TABLE 51 Japan Functional Beverages Market by Type, 2017 - 2020, USD Million
TABLE 52 Japan Functional Beverages Market by Type, 2021 - 2027, USD Million
TABLE 53 Japan Functional Beverages Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 54 Japan Functional Beverages Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 55 India Functional Beverages Market, 2017 - 2020, USD Million
TABLE 56 India Functional Beverages Market, 2021 - 2027, USD Million
TABLE 57 India Functional Beverages Market by End User, 2017 - 2020, USD Million
TABLE 58 India Functional Beverages Market by End User, 2021 - 2027, USD Million
TABLE 59 India Functional Beverages Market by Type, 2017 - 2020, USD Million
TABLE 60 India Functional Beverages Market by Type, 2021 - 2027, USD Million
TABLE 61 India Functional Beverages Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 62 India Functional Beverages Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 63 South Korea Functional Beverages Market, 2017 - 2020, USD Million
TABLE 64 South Korea Functional Beverages Market, 2021 - 2027, USD Million
TABLE 65 South Korea Functional Beverages Market by End User, 2017 - 2020, USD Million
TABLE 66 South Korea Functional Beverages Market by End User, 2021 - 2027, USD Million
TABLE 67 South Korea Functional Beverages Market by Type, 2017 - 2020, USD Million
TABLE 68 South Korea Functional Beverages Market by Type, 2021 - 2027, USD Million
TABLE 69 South Korea Functional Beverages Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 70 South Korea Functional Beverages Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 71 Singapore Functional Beverages Market, 2017 - 2020, USD Million
TABLE 72 Singapore Functional Beverages Market, 2021 - 2027, USD Million
TABLE 73 Singapore Functional Beverages Market by End User, 2017 - 2020, USD Million
TABLE 74 Singapore Functional Beverages Market by End User, 2021 - 2027, USD Million
TABLE 75 Singapore Functional Beverages Market by Type, 2017 - 2020, USD Million
TABLE 76 Singapore Functional Beverages Market by Type, 2021 - 2027, USD Million
TABLE 77 Singapore Functional Beverages Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 78 Singapore Functional Beverages Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 79 Malaysia Functional Beverages Market, 2017 - 2020, USD Million
TABLE 80 Malaysia Functional Beverages Market, 2021 - 2027, USD Million
TABLE 81 Malaysia Functional Beverages Market by End User, 2017 - 2020, USD Million
TABLE 82 Malaysia Functional Beverages Market by End User, 2021 - 2027, USD Million
TABLE 83 Malaysia Functional Beverages Market by Type, 2017 - 2020, USD Million
TABLE 84 Malaysia Functional Beverages Market by Type, 2021 - 2027, USD Million
TABLE 85 Malaysia Functional Beverages Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 86 Malaysia Functional Beverages Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 87 Rest of Asia Pacific Functional Beverages Market, 2017 - 2020, USD Million
TABLE 88 Rest of Asia Pacific Functional Beverages Market, 2021 - 2027, USD Million
TABLE 89 Rest of Asia Pacific Functional Beverages Market by End User, 2017 - 2020, USD Million
TABLE 90 Rest of Asia Pacific Functional Beverages Market by End User, 2021 - 2027, USD Million
TABLE 91 Rest of Asia Pacific Functional Beverages Market by Type, 2017 - 2020, USD Million
TABLE 92 Rest of Asia Pacific Functional Beverages Market by Type, 2021 - 2027, USD Million
TABLE 93 Rest of Asia Pacific Functional Beverages Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 94 Rest of Asia Pacific Functional Beverages Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 95 key information – PepsiCo, Inc.
TABLE 96 key information – The Coca Cola Company
TABLE 97 Key Information – Nestle S.A.
TABLE 98 Key information – Danone S.A.
TABLE 99 Key Information – Meiji Holdings Co., Ltd.
TABLE 100 Key Information – Monster Beverage Corporation
TABLE 101 key Information – Suntory Beverage & Food Limited
TABLE 102 key information – National Beverage Corporation
TABLE 103 Key Information – Red Bull GmbH
TABLE 104 Key Information – Clif Bar & Company
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Feb – 2021, Aug) Leading Players
FIG 5 Recent strategies and developments: PepsiCo, Inc.
FIG 6 Recent strategies and developments: The Coca Cola Company
FIG 7 Recent strategies and developments: Nestle S.A.
FIG 8 Recent strategies and developments: Danone S.A.
FIG 9 Recent strategies and developments: SUNTORY BEVERAGE & FOOD LIMITED
FIG 10 Recent strategies and developments: RED BULL GMBH