Global Functional Foods and Beverages Market Growth (Status and Outlook) 2023-2029

Functional Foods and Beverages is a kind of foods or beverages that have a potentially positive effect on health beyond basic nutrition or energy for specific occasions. They can promote optimal health and help reduce the risk of disease. There are many natural and processed food may have special functions, in this report, we only study processed foods.

LPI (LP Information)' newest research report, the “Functional Foods and Beverages Industry Forecast” looks at past sales and reviews total world Functional Foods and Beverages sales in 2022, providing a comprehensive analysis by region and market sector of projected Functional Foods and Beverages sales for 2023 through 2029. With Functional Foods and Beverages sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Functional Foods and Beverages industry.

This Insight Report provides a comprehensive analysis of the global Functional Foods and Beverages landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Functional Foods and Beverages portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Functional Foods and Beverages market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Functional Foods and Beverages and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Functional Foods and Beverages.

The global Functional Foods and Beverages market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In the American market, Major manufacturers include General Mills, Nestle, NBty, Granbia PLC, Monster Beverage Corp, GNC Holdings, Red Bull, Kellogg, Amway, Herbalife, PepsiCo, Coca-Cola, PharmaVite, Arizona Beverages, Lifeway Kefir and Rockstar Energy Drink.

This report presents a comprehensive overview, market shares, and growth opportunities of Functional Foods and Beverages market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Fortified Food
    Functional Beverages
    Dietary Supplements

Segmentation by application
    Energy/Sport Nutritional
    Immune Support and Supplement
    Digestive Health
    Healthy Food or Snacking

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    General Mills
    Nestle
    NBTY
    Glanbia plc
    Monster Beverage Corp
    GNC Holdings
    Red Bull
    Kellogg
    Amway
    Herbalife
    PepsiCo
    Coca-Cola
    Pharmavite
    Arizona Beverages
    Lifeway Kefir
    Rockstar Energy Drink

List of Tables
    Table 1. Functional Foods and Beverages Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of Fortified Food
    Table 3. Major Players of Functional Beverages
    Table 4. Major Players of Dietary Supplements
    Table 5. Functional Foods and Beverages Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 6. Global Functional Foods and Beverages Market Size by Type (2018-2023) & ($ Millions)
    Table 7. Global Functional Foods and Beverages Market Size Market Share by Type (2018-2023)
    Table 8. Functional Foods and Beverages Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 9. Global Functional Foods and Beverages Market Size by Application (2018-2023) & ($ Millions)
    Table 10. Global Functional Foods and Beverages Market Size Market Share by Application (2018-2023)
    Table 11. Global Functional Foods and Beverages Revenue by Players (2018-2023) & ($ Millions)
    Table 12. Global Functional Foods and Beverages Revenue Market Share by Player (2018-2023)
    Table 13. Functional Foods and Beverages Key Players Head office and Products Offered
    Table 14. Functional Foods and Beverages Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 15. New Products and Potential Entrants
    Table 16. Mergers & Acquisitions, Expansion
    Table 17. Global Functional Foods and Beverages Market Size by Regions 2018-2023 & ($ Millions)
    Table 18. Global Functional Foods and Beverages Market Size Market Share by Regions (2018-2023)
    Table 19. Global Functional Foods and Beverages Revenue by Country/Region (2018-2023) & ($ millions)
    Table 20. Global Functional Foods and Beverages Revenue Market Share by Country/Region (2018-2023)
    Table 21. Americas Functional Foods and Beverages Market Size by Country (2018-2023) & ($ Millions)
    Table 22. Americas Functional Foods and Beverages Market Size Market Share by Country (2018-2023)
    Table 23. Americas Functional Foods and Beverages Market Size by Type (2018-2023) & ($ Millions)
    Table 24. Americas Functional Foods and Beverages Market Size Market Share by Type (2018-2023)
    Table 25. Americas Functional Foods and Beverages Market Size by Application (2018-2023) & ($ Millions)
    Table 26. Americas Functional Foods and Beverages Market Size Market Share by Application (2018-2023)
    Table 27. APAC Functional Foods and Beverages Market Size by Region (2018-2023) & ($ Millions)
    Table 28. APAC Functional Foods and Beverages Market Size Market Share by Region (2018-2023)
    Table 29. APAC Functional Foods and Beverages Market Size by Type (2018-2023) & ($ Millions)
    Table 30. APAC Functional Foods and Beverages Market Size Market Share by Type (2018-2023)
    Table 31. APAC Functional Foods and Beverages Market Size by Application (2018-2023) & ($ Millions)
    Table 32. APAC Functional Foods and Beverages Market Size Market Share by Application (2018-2023)
    Table 33. Europe Functional Foods and Beverages Market Size by Country (2018-2023) & ($ Millions)
    Table 34. Europe Functional Foods and Beverages Market Size Market Share by Country (2018-2023)
    Table 35. Europe Functional Foods and Beverages Market Size by Type (2018-2023) & ($ Millions)
    Table 36. Europe Functional Foods and Beverages Market Size Market Share by Type (2018-2023)
    Table 37. Europe Functional Foods and Beverages Market Size by Application (2018-2023) & ($ Millions)
    Table 38. Europe Functional Foods and Beverages Market Size Market Share by Application (2018-2023)
    Table 39. Middle East & Africa Functional Foods and Beverages Market Size by Region (2018-2023) & ($ Millions)
    Table 40. Middle East & Africa Functional Foods and Beverages Market Size Market Share by Region (2018-2023)
    Table 41. Middle East & Africa Functional Foods and Beverages Market Size by Type (2018-2023) & ($ Millions)
    Table 42. Middle East & Africa Functional Foods and Beverages Market Size Market Share by Type (2018-2023)
    Table 43. Middle East & Africa Functional Foods and Beverages Market Size by Application (2018-2023) & ($ Millions)
    Table 44. Middle East & Africa Functional Foods and Beverages Market Size Market Share by Application (2018-2023)
    Table 45. Key Market Drivers & Growth Opportunities of Functional Foods and Beverages
    Table 46. Key Market Challenges & Risks of Functional Foods and Beverages
    Table 47. Key Industry Trends of Functional Foods and Beverages
    Table 48. Global Functional Foods and Beverages Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 49. Global Functional Foods and Beverages Market Size Market Share Forecast by Regions (2024-2029)
    Table 50. Global Functional Foods and Beverages Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 51. Global Functional Foods and Beverages Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 52. General Mills Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 53. General Mills Functional Foods and Beverages Product Offered
    Table 54. General Mills Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 55. General Mills Main Business
    Table 56. General Mills Latest Developments
    Table 57. Nestle Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 58. Nestle Functional Foods and Beverages Product Offered
    Table 59. Nestle Main Business
    Table 60. Nestle Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 61. Nestle Latest Developments
    Table 62. NBTY Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 63. NBTY Functional Foods and Beverages Product Offered
    Table 64. NBTY Main Business
    Table 65. NBTY Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 66. NBTY Latest Developments
    Table 67. Glanbia plc Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 68. Glanbia plc Functional Foods and Beverages Product Offered
    Table 69. Glanbia plc Main Business
    Table 70. Glanbia plc Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 71. Glanbia plc Latest Developments
    Table 72. Monster Beverage Corp Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 73. Monster Beverage Corp Functional Foods and Beverages Product Offered
    Table 74. Monster Beverage Corp Main Business
    Table 75. Monster Beverage Corp Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 76. Monster Beverage Corp Latest Developments
    Table 77. GNC Holdings Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 78. GNC Holdings Functional Foods and Beverages Product Offered
    Table 79. GNC Holdings Main Business
    Table 80. GNC Holdings Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 81. GNC Holdings Latest Developments
    Table 82. Red Bull Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 83. Red Bull Functional Foods and Beverages Product Offered
    Table 84. Red Bull Main Business
    Table 85. Red Bull Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 86. Red Bull Latest Developments
    Table 87. Kellogg Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 88. Kellogg Functional Foods and Beverages Product Offered
    Table 89. Kellogg Main Business
    Table 90. Kellogg Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 91. Kellogg Latest Developments
    Table 92. Amway Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 93. Amway Functional Foods and Beverages Product Offered
    Table 94. Amway Main Business
    Table 95. Amway Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 96. Amway Latest Developments
    Table 97. Herbalife Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 98. Herbalife Functional Foods and Beverages Product Offered
    Table 99. Herbalife Main Business
    Table 100. Herbalife Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 101. Herbalife Latest Developments
    Table 102. PepsiCo Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 103. PepsiCo Functional Foods and Beverages Product Offered
    Table 104. PepsiCo Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 105. PepsiCo Main Business
    Table 106. PepsiCo Latest Developments
    Table 107. Coca-Cola Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 108. Coca-Cola Functional Foods and Beverages Product Offered
    Table 109. Coca-Cola Main Business
    Table 110. Coca-Cola Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 111. Coca-Cola Latest Developments
    Table 112. Pharmavite Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 113. Pharmavite Functional Foods and Beverages Product Offered
    Table 114. Pharmavite Main Business
    Table 115. Pharmavite Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 116. Pharmavite Latest Developments
    Table 117. Arizona Beverages Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 118. Arizona Beverages Functional Foods and Beverages Product Offered
    Table 119. Arizona Beverages Main Business
    Table 120. Arizona Beverages Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 121. Arizona Beverages Latest Developments
    Table 122. Lifeway Kefir Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 123. Lifeway Kefir Functional Foods and Beverages Product Offered
    Table 124. Lifeway Kefir Main Business
    Table 125. Lifeway Kefir Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 126. Lifeway Kefir Latest Developments
    Table 127. Rockstar Energy Drink Details, Company Type, Functional Foods and Beverages Area Served and Its Competitors
    Table 128. Rockstar Energy Drink Functional Foods and Beverages Product Offered
    Table 129. Rockstar Energy Drink Main Business
    Table 130. Rockstar Energy Drink Functional Foods and Beverages Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 131. Rockstar Energy Drink Latest Developments
List of Figures
    Figure 1. Functional Foods and Beverages Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Functional Foods and Beverages Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Functional Foods and Beverages Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Functional Foods and Beverages Sales Market Share by Country/Region (2022)
    Figure 8. Functional Foods and Beverages Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Functional Foods and Beverages Market Size Market Share by Type in 2022
    Figure 10. Functional Foods and Beverages in Energy/Sport Nutritional
    Figure 11. Global Functional Foods and Beverages Market: Energy/Sport Nutritional (2018-2023) & ($ Millions)
    Figure 12. Functional Foods and Beverages in Immune Support and Supplement
    Figure 13. Global Functional Foods and Beverages Market: Immune Support and Supplement (2018-2023) & ($ Millions)
    Figure 14. Functional Foods and Beverages in Digestive Health
    Figure 15. Global Functional Foods and Beverages Market: Digestive Health (2018-2023) & ($ Millions)
    Figure 16. Functional Foods and Beverages in Healthy Food or Snacking
    Figure 17. Global Functional Foods and Beverages Market: Healthy Food or Snacking (2018-2023) & ($ Millions)
    Figure 18. Global Functional Foods and Beverages Market Size Market Share by Application in 2022
    Figure 19. Global Functional Foods and Beverages Revenue Market Share by Player in 2022
    Figure 20. Global Functional Foods and Beverages Market Size Market Share by Regions (2018-2023)
    Figure 21. Americas Functional Foods and Beverages Market Size 2018-2023 ($ Millions)
    Figure 22. APAC Functional Foods and Beverages Market Size 2018-2023 ($ Millions)
    Figure 23. Europe Functional Foods and Beverages Market Size 2018-2023 ($ Millions)
    Figure 24. Middle East & Africa Functional Foods and Beverages Market Size 2018-2023 ($ Millions)
    Figure 25. Americas Functional Foods and Beverages Value Market Share by Country in 2022
    Figure 26. United States Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 27. Canada Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 28. Mexico Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 29. Brazil Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 30. APAC Functional Foods and Beverages Market Size Market Share by Region in 2022
    Figure 31. APAC Functional Foods and Beverages Market Size Market Share by Type in 2022
    Figure 32. APAC Functional Foods and Beverages Market Size Market Share by Application in 2022
    Figure 33. China Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Japan Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 35. Korea Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 36. Southeast Asia Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 37. India Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 38. Australia Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 39. Europe Functional Foods and Beverages Market Size Market Share by Country in 2022
    Figure 40. Europe Functional Foods and Beverages Market Size Market Share by Type (2018-2023)
    Figure 41. Europe Functional Foods and Beverages Market Size Market Share by Application (2018-2023)
    Figure 42. Germany Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 43. France Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 44. UK Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 45. Italy Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 46. Russia Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 47. Middle East & Africa Functional Foods and Beverages Market Size Market Share by Region (2018-2023)
    Figure 48. Middle East & Africa Functional Foods and Beverages Market Size Market Share by Type (2018-2023)
    Figure 49. Middle East & Africa Functional Foods and Beverages Market Size Market Share by Application (2018-2023)
    Figure 50. Egypt Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 51. South Africa Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 52. Israel Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 53. Turkey Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 54. GCC Country Functional Foods and Beverages Market Size Growth 2018-2023 ($ Millions)
    Figure 55. Americas Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 56. APAC Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 57. Europe Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 58. Middle East & Africa Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 59. United States Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 60. Canada Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 61. Mexico Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 62. Brazil Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 63. China Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 64. Japan Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 65. Korea Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 66. Southeast Asia Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 67. India Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 68. Australia Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 69. Germany Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 70. France Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 71. UK Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 72. Italy Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 73. Russia Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 74. Spain Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 75. Egypt Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 76. South Africa Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 77. Israel Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 78. Turkey Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 79. GCC Countries Functional Foods and Beverages Market Size 2024-2029 ($ Millions)
    Figure 80. Global Functional Foods and Beverages Market Size Market Share Forecast by Type (2024-2029)
    Figure 81. Global Functional Foods and Beverages Market Size Market Share Forecast by Application (2024-2029)

General Mills
Nestle
NBTY
Glanbia plc
Monster Beverage Corp
GNC Holdings
Red Bull
Kellogg
Amway
Herbalife
PepsiCo
Coca-Cola
Pharmavite
Arizona Beverages
Lifeway Kefir
Rockstar Energy Drink

LP Information 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.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  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

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

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape