(Entertainment-NewsWire.com, July 10, 2023 ) The “Functional Beverages Market” was valued USD 140.87 Mn in 2022 and is expected to grow at a CAGR of 7.47 percent over the forecast period to reach USD 233.25 Mn by 2029.
Functional Beverages Market Scope and Research Methodology
Major manufacturers in the Functional Beverages Market are listed by region, total market revenue, financial status, advancements adopted by the market players, and mergers & acquisitions. Primary and secondary research was conducted to collect data from the Functional Beverages Market.
Increasing demand for natural and organic ingredients in functional beverages is expected to boost the market growth. Stringent government regulations on the production of beverages is expected to limit the market growth.
Functional Beverages Market Regional Insight
North America region is expected to boost the Functional Beverages market growth over the forecast period. Increased demand for natural and organic products in the region is expected to boost the market growth over the forecast period.
Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:
Beverages Flavor Market : The market size is expected to reach USD 21 Bn by 2029 at a CAGR of 4.6 percent during the forecast period.
Organic Foods and Beverages Market : The total market size is expected to reach USD 970.50 Bn by 2029 at a CAGR of 16 percent over the forecast period.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
