North America Functional Foods & Beverages Market to Register 5.10% CAGR in 2022 | Nestlé SA offers crunchy flakes, crunchy granola, Nesquik, Nestea, Nestlé Milo and Nescafe | Technavio

0

NEW YORK, January 20, 2022 /PRNewswire/ — North America Functional Foods and Beverages Market Facts at a Glance-

Attractive Opportunities in North America Functional Foods and Beverages Market by Product and Geography – Forecast and Analysis 2022-2026

  • Total Pages: 120

  • Companies: 10+ – Including Archer Daniels Midland Co., Danone SA, Monster Beverage Corp., Nestle SA, PepsiCo Inc., Red Bull GmbH, Suntory Holdings Ltd., The Coca-Cola Co., The Kraft Heinz Co. and Yakult Honsha Co.Ltd. among others.

  • Blanket: Main Drivers, Trends and Challenges; Product information and news; Value chain analysis; Parent market analysis; Landscape of vendors; COVID Impact and Recovery Analysis

  • segments: Product (functional foods and functional drinks)

  • Geographies: WE, Canada, and Mexico

Learn more about market dynamics. Download our FREE sample report

According to recent Technavio market research, the Functional Foods and Beverages Market in North America should increase by $32.58 billion from 2021 to 2026, at an accelerated pace CAGR of 7.29%. The report provides a detailed analysis of drivers and opportunities, top winning strategies, competitive scenario, future market trends, market size and estimates, and major investment pockets. The United States will register the highest growth rate of 63% among other regions.

Download a FREE sample: for additional information on key US countries.

Overview of Suppliers-

the The functional food and beverage market in North America is fragmented, and vendors are deploying growth strategies such as focusing on delivering products through multiple distribution channels to compete in the market.

  • Nestlé SA –The company offers a wide range of functional foods and beverages such as crunchy flakes, crunchy granola, Nesquik, Nestea, Nestlé Milo and Nescafé.

  • Archer Daniels Midland Co. – The company offers a wide range of functional foods and beverages such as nutrition bars, cereals, snacks, baked goods, dairy products, among others.

  • Danone S.A. – The company offers a wide range of functional foods and beverages through its brands WhiteWave, Aqua, Bonafont among others.

Find additional highlights on vendors and their product offerings. Download a free sample report

Regional Market Outlook

The functional food and beverage market in North America the market share growth in the United States will be significant during the forecast period. However, the growth rate of the market in the United States will be slower than the growth of the market in Canada and Mexico. Rising health and fitness awareness will facilitate the growth of the functional food and beverage market in the United States over the forecast period.

Download our FREE sample report for more key highlights on the regional market share of most of the countries mentioned above.

Latest Market Drivers and Challenges-

Innovations in flavors and functional ingredients are driving the functional food and beverage market by North America. Functional food and beverage manufacturers are introducing new flavors to match changing consumer preferences. Brands are also focusing on sugar-free and low-calorie formulations as they are in high demand. Advances in technology have allowed the development of products that mask the unpleasant taste of certain functional ingredients. Therefore, new product development, improved taste, versatility, and marketing and packaging support will increase the demand for functional foods and beverages. In recent years, the functional food and beverage market in North America has also grown through better packaging and innovation. Various innovative packaging materials have been introduced. New alternatives to paper packaging include metals, plastics, glass and biopolymers.

Skepticism about the efficacy of functional foods and beverages may restrain the market growth. Extensive studies have been conducted to validate the claims of the manufacturers of these foods and beverages regarding their effectiveness and to verify the health risks associated with consuming these products. Some studies have shown that many ingredients in popular energy drinks have side effects and contain more than the recommended amount of potentially harmful chemicals. Studies have also indicated that mixing functional drinks formulated to boost energy (like those containing caffeine) with those formulated to lower blood pressure (like those containing taurine) can cause side effects in the body. Thus, manufacturers of functional foods and beverages must label all products with warnings about overdose or harmful effects resulting from mixing one type of functional beverage with another.

Find additional information on various other market drivers and challenges mentioned in our Sample FREE Report.

Did not find what you were looking for ? Customize report-

Don’t miss the opportunity to talk to our analyst and learn more about this market report. Our analysts can also help you customize this report to suit your needs. Our analysts and industry experts will work directly with you to understand your needs and provide you with personalized data in a short period of time.

We offer $1,000 FREE personalization value at time of purchase. Talk to our analyst now!

Functional Foods and Beverages Market in North America 2022-2026: Highlights

  • Market CAGR over the forecast period 2022-2026

  • Detailed insights into the factors that will help the Functional Foods and Beverages Market to North America growth over the next five years

  • Functional Foods and Beverages Market Estimation in North America size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the functional food and beverage market in North America

  • Market Competitive Landscape Analysis and Detailed Vendor Information

  • Comprehensive details of the factors that will challenge the Functional Foods and Beverages Market growth among North American vendors

Related Reports –
Health Drinks Market in India –The market share of health drinks in India is expected to grow USD 3.84 billion from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 9.89%. Download a free sample now!

Cannabis Alcoholic Beverage Market -The cannabis-based alcoholic beverages market size is expected to reach a value of $430.56 million over the period 2021-2025 at a CAGR of 18.83%. Download a free sample now!

Functional Foods and Beverages Market in North America

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 7.29%

Market Growth 2022-2026

$32.58 billion

Market structure

Fragmented

Annual growth (%)

5.10

Regional analysis

United States, Canada and Mexico

Successful market contribution

United States at 63%

Main consumer countries

United States, Canada and Mexico

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Archer Daniels Midland Co., Danone SA, Monster Beverage Corp., Nestlé SA, PepsiCo Inc., Red Bull GmbH, Suntory Holdings Ltd., The Coca-Cola Co., The Kraft Heinz Co. and Yakult Honsha Co. Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Quote

Quote

View original content to download multimedia: https://www.prnewswire.com/news-releases/functional-foods-and-beverages-market-in-north-america-to-record-5-10-yoy-growth -rate -en-2022-nestle-sa-offer-crunchy-flakes-crunchy-granola-nesquik-nestea-nestle-milo–nescafe-technavio-301464898.html

SOURCETechnavio

Share.

About Author

Comments are closed.