Australia & New Zealand Dried Fruits MARKET By Application
| Label | Hydration | Energy & Rejuvenation | Health & Wellness | Weight Management |
|---|---|---|---|---|
| 2016 | 29.77841876 USD Bn | 54.65844067 USD Bn | 60.00153541 USD Bn | 6.541605162 USD Bn |
| 2017 | 31.64377305 USD Bn | 58.20196873 USD Bn | 63.44272073 USD Bn | 6.82582749 USD Bn |
| 2018 | 33.69244844 USD Bn | 62.09207068 USD Bn | 67.20791248 USD Bn | 7.129001531 USD Bn |
| 2019 | 35.92213003 USD Bn | 66.31729844 USD Bn | 71.27660571 USD Bn | 7.442134234 USD Bn |
| 2020 | 38.33148434 USD Bn | 70.8889979 USD Bn | 75.65524667 USD Bn | 7.772337183 USD Bn |
| 2021 | 40.96357826 USD Bn | 75.90044522 USD Bn | 80.42428545 USD Bn | 8.113059144 USD Bn |
| 2022 | 43.84671716 USD Bn | 81.39694535 USD Bn | 85.62881592 USD Bn | 8.475642541 USD Bn |
| 2023 | 46.98055124 USD Bn | 87.37886846 USD Bn | 91.25436963 USD Bn | 8.869351983 USD Bn |
Data Source: Wantstats Repository
Market Dynamics
health and wellness segment accounted for the largest market share in the functional beverages market, and is expected to reach USD 91.25 Billion in 2023 from USD 63.44 Billion in 2017. However, energy and rejuvenation segment is the fastest growing market, which is expected to grow at a CAGR of 7.07% 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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