Australia & New Zealand Dried Fruits MARKET By Application
Global Functional Beverages market [2016-2023] Europe by Type
By Type, the market is segmented into Energy Drinks, Functional Fruit and Vegetable Juices, Sports Beverages, Prebiotic and Probiotic Drinks, Functional Dairy Products, Dairy Alternative Beverages, and Others (2016-2023)
| Label | Energy Drinks | Functional Fruit and Vegetable Juices | Sports Beverages | Prebiotic and Probiotic Drinks | Functional Dairy Products | Dairy Alternative Beverages | Others |
|---|---|---|---|---|---|---|---|
| 2016 | 10.90166837 USD Bn | 9.278197795 USD Bn | 13.09459165 USD Bn | 4.375991638 USD Bn | 7.208715161 USD Bn | 1.496422908 USD Bn | 2.712912476 USD Bn |
| 2017 | 11.53166586 USD Bn | 9.851937899 USD Bn | 13.86645359 USD Bn | 4.643896481 USD Bn | 7.590871072 USD Bn | 1.551525405 USD Bn | 2.840679654 USD Bn |
| 2018 | 12.21717183 USD Bn | 10.47688601 USD Bn | 14.7064911 USD Bn | 4.936385319 USD Bn | 8.006321422 USD Bn | 1.611265402 USD Bn | 2.977689676 USD Bn |
| 2019 | 12.95390524 USD Bn | 11.15060491 USD Bn | 15.60995456 USD Bn | 5.251522232 USD Bn | 8.451345544 USD Bn | 1.674639749 USD Bn | 3.122270544 USD Bn |
| 2020 | 13.75076834 USD Bn | 11.88116244 USD Bn | 16.58786155 USD Bn | 5.593212695 USD Bn | 8.931381809 USD Bn | 1.74251029 USD Bn | 3.276072861 USD Bn |
| 2021 | 14.61385632 USD Bn | 12.67470953 USD Bn | 17.64788526 USD Bn | 5.964020672 USD Bn | 9.449708706 USD Bn | 1.815253246 USD Bn | 3.439763231 USD Bn |
| 2022 | 15.55559462 USD Bn | 13.54246064 USD Bn | 18.80549432 USD Bn | 6.369396118 USD Bn | 10.01384911 USD Bn | 1.894074394 USD Bn | 3.615702882 USD Bn |
| 2023 | 16.55903577 USD Bn | 14.4697331 USD Bn | 20.04029347 USD Bn | 6.803170265 USD Bn | 10.61283303 USD Bn | 1.97663342 USD Bn | 3.799111793 USD Bn |
Data Source: Wantstats Repository
Market Dynamics
sports beverages segment accounted for the largest market share in 2017, this market is expected to reach USD 20.04 Billion in 2023 from USD 13.87 Billion in 2017. This market is projected to grow at a CAGR of 6.38% during the forecast period from 2018 - 2023. However, functional fruit and vegetable juices segment is the fastest growing market, which is expected to grow at a CAGR of 6.67% during the forecast period 2018 - 2023.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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