The Latin America, Middle East and Africa Functional Shots Market would witness market growth of 17% CAGR during the forecast period (2021-2027). The range of benefits of the functional shot depends on the actual ingredients present in it.
Nutrients and other ingredients such as flowers, fruits, roots, and spices vary depending on the brands and flavors. Ginger, for instance, is beneficial to decrease nausea and is inflammatory; turmeric is beneficial for inflammation and is an immunity-booster; wheatgrass is full of vitamins like A, C, and E and is a rich source of calcium and energy.
Recent studies have shown that the ingredients present in functional shots have positive effects o the body and brain. Functional shots are a better alternative than consuming soda and zero-calorie beverages with minimum nutrients. These benefits of functional shots are likely to fuel its consumption across the world, thereby creating lucrative growth opportunities for the leading players operating in the functional shots market.
The growth of the market is highly supported by product launches. The leading players have been engaged in developing products that strike at the majority of health problems. In October 2019, Bolthouse Farms introduced carrot-based functional shots that are accessible in several forms. These are specifically made to effectively provide a nutritional boost and manage various health issues.
The Energy market dominated the Saudi Arabia Functional Shots Market by Product in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $6.9 Million by 2027. The Immunity market is exhibiting a CAGR of 17.6% during (2021 - 2027).
Based on Product, the market is segmented into Energy, Immunity, Detox, and Other Products. Based on Distribution Channel, the market is segmented into Convenience Stores, Hypermarkets & Supermarkets, Online and Other Distribution Channels. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Functional Shots Market is Predict to reach $1.4 Billion by 2027, at a CAGR of 16%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., AriZona Beverages Company LLC, Kuli Kuli, Inc., Living Essentials Marketing LLC (5-hour ENERGY), EBOOST, Dragononi, Inc. (Hawaiian OLA), Royal Pacific International, LXR Biotech, LLC, Hardcell LLC, and Kudu Energy LLC.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Energy
- Immunity
- Detox,
- Other Products
By Distribution Channel
- Convenience Stores
- Hypermarkets & Supermarkets
- Online
- Other Distribution Channels
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- PepsiCo, Inc.
- AriZona Beverages Company LLC
- Kuli Kuli, Inc.
- Living Essentials Marketing LLC (5-hour ENERGY)
- EBOOST
- Dragononi, Inc. (Hawaiian OLA)
- Royal Pacific International
- LXR Biotech, LLC
- Hardcell LLC
- Kudu Energy LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Functional Shots Market, by Product
1.4.2 LAMEA Functional Shots Market, by Distribution Channel
1.4.3 LAMEA Functional Shots Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Functional Shots Market
Chapter 4. LAMEA Functional Shots Market by Product
4.1 LAMEA Energy Repellent Market by Country
4.2 LAMEA Immunity Repellent Market by Country
4.3 LAMEA Detox Market by Country
4.4 LAMEA Other Products Market by Country
Chapter 5. LAMEA Functional Shots Market by Distribution Channel
5.1 LAMEA Convenience Stores Market by Country
5.2 LAMEA Hypermarkets & Supermarkets Market by Country
5.3 LAMEA Online Market by Country
5.4 LAMEA Other Distribution Channels Market by Country
Chapter 6. LAMEA Functional Shots Market by Country
6.1 Brazil Functional Shots Market
6.1.1 Brazil Functional Shots Market by Product
6.1.2 Brazil Functional Shots Market by Distribution Channel
6.2 Argentina Functional Shots Market
6.2.1 Argentina Functional Shots Market by Product
6.2.2 Argentina Functional Shots Market by Distribution Channel
6.3 UAE Functional Shots Market
6.3.1 UAE Functional Shots Market by Product
6.3.2 UAE Functional Shots Market by Distribution Channel
6.4 Saudi Arabia Functional Shots Market
6.4.1 Saudi Arabia Functional Shots Market by Product
6.4.2 Saudi Arabia Functional Shots Market by Distribution Channel
6.5 South Africa Functional Shots Market
6.5.1 South Africa Functional Shots Market by Product
6.5.2 South Africa Functional Shots Market by Distribution Channel
6.6 Nigeria Functional Shots Market
6.6.1 Nigeria Functional Shots Market by Product
6.6.2 Nigeria Functional Shots Market by Distribution Channel
6.7 Rest of LAMEA Functional Shots Market
6.7.1 Rest of LAMEA Functional Shots Market by Product
6.7.2 Rest of LAMEA Functional Shots Market by Distribution Channel
Chapter 7. Company Profiles
7.1 PepsiCo, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.5.3 Partnerships, Collaborations, and Agreements:
7.2 AriZona Beverages Company LLC
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Product Launches and Product Expansions:
7.3 Kuli Kuli, Inc.
7.3.1 Company Overview
7.4 Living Essentials Marketing LLC (5-hour ENERGY)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 EBOOST
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Dragononi, Inc. (Hawaiian OLA)
7.6.1 Company Overview
7.7 Royal Pacific International
7.7.1 Company Overview
7.8 LXR Biotech, LLC
7.8.1 Company Overview
7.9 Hardcell LLC
7.9.1 Company Overview
7.10. Kudu Energy LLC
7.10.1 Company Overview
TABLE 1 LAMEA Functional Shots Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Functional Shots Market, 2021 - 2027, USD Million
TABLE 3 LAMEA Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 4 LAMEA Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 5 LAMEA Energy Repellent Market by Country, 2017 - 2020, USD Million
TABLE 6 LAMEA Energy Repellent Market by Country, 2021 - 2027, USD Million
TABLE 7 LAMEA Immunity Repellent Market by Country, 2017 - 2020, USD Million
TABLE 8 LAMEA Immunity Repellent Market by Country, 2021 - 2027, USD Million
TABLE 9 LAMEA Detox Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Detox Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Other Products Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Other Products Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 14 LAMEA Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 15 LAMEA Convenience Stores Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Convenience Stores Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Hypermarkets & Supermarkets Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Hypermarkets & Supermarkets Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Online Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Online Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Other Distribution Channels Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Other Distribution Channels Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Functional Shots Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Functional Shots Market by Country, 2021 - 2027, USD Million
TABLE 25 Brazil Functional Shots Market, 2017 - 2020, USD Million
TABLE 26 Brazil Functional Shots Market, 2021 - 2027, USD Million
TABLE 27 Brazil Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 28 Brazil Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 29 Brazil Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 30 Brazil Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 31 Argentina Functional Shots Market, 2017 - 2020, USD Million
TABLE 32 Argentina Functional Shots Market, 2021 - 2027, USD Million
TABLE 33 Argentina Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 34 Argentina Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 35 Argentina Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 36 Argentina Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 37 UAE Functional Shots Market, 2017 - 2020, USD Million
TABLE 38 UAE Functional Shots Market, 2021 - 2027, USD Million
TABLE 39 UAE Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 40 UAE Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 41 UAE Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 42 UAE Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 43 Saudi Arabia Functional Shots Market, 2017 - 2020, USD Million
TABLE 44 Saudi Arabia Functional Shots Market, 2021 - 2027, USD Million
TABLE 45 Saudi Arabia Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 46 Saudi Arabia Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 47 Saudi Arabia Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 48 Saudi Arabia Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 49 South Africa Functional Shots Market, 2017 - 2020, USD Million
TABLE 50 South Africa Functional Shots Market, 2021 - 2027, USD Million
TABLE 51 South Africa Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 52 South Africa Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 53 South Africa Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 54 South Africa Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 55 Nigeria Functional Shots Market, 2017 - 2020, USD Million
TABLE 56 Nigeria Functional Shots Market, 2021 - 2027, USD Million
TABLE 57 Nigeria Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 58 Nigeria Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 59 Nigeria Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 60 Nigeria Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 61 Rest of LAMEA Functional Shots Market, 2017 - 2020, USD Million
TABLE 62 Rest of LAMEA Functional Shots Market, 2021 - 2027, USD Million
TABLE 63 Rest of LAMEA Functional Shots Market by Product, 2017 - 2020, USD Million
TABLE 64 Rest of LAMEA Functional Shots Market by Product, 2021 - 2027, USD Million
TABLE 65 Rest of LAMEA Functional Shots Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 66 Rest of LAMEA Functional Shots Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 67 key information – PepsiCo, Inc.
TABLE 68 Key Information –AriZona Beverages Company LLC
TABLE 69 key information – Kuli Kuli, Inc.
TABLE 70 key information – Living Essentials Marketing LLC
TABLE 71 key information – EBOOST
TABLE 72 key information – Dragononi, Inc.
TABLE 73 key information – Royal Pacific International
TABLE 74 key information – LXR Biotech, LLC
TABLE 75 key information – Hardcell LLC
TABLE 76 key information – Kudu Energy LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: PepsiCo, Inc.