Australia & New Zealand Dried Fruits MARKET By Application
Global Functional Beverages market [2016-2023] North America 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 | 9.822541766 USD Bn | 8.012361395 USD Bn | 12.02177118 USD Bn | 3.929462098 USD Bn | 6.713311734 USD Bn | 1.355658856 USD Bn | 2.683992975 USD Bn |
| 2017 | 10.4022074 USD Bn | 8.50811765 USD Bn | 12.72918572 USD Bn | 4.16980719 USD Bn | 7.073758211 USD Bn | 1.405985491 USD Bn | 2.816562458 USD Bn |
| 2018 | 11.03677034 USD Bn | 9.051416079 USD Bn | 13.50354914 USD Bn | 4.433107248 USD Bn | 7.467491251 USD Bn | 1.460478176 USD Bn | 2.96081625 USD Bn |
| 2019 | 11.71356751 USD Bn | 9.644902756 USD Bn | 14.34661682 USD Bn | 4.722028868 USD Bn | 7.89193813 USD Bn | 1.506743029 USD Bn | 3.122562964 USD Bn |
| 2020 | 12.45079292 USD Bn | 10.29280436 USD Bn | 15.26143107 USD Bn | 5.033345393 USD Bn | 8.348992451 USD Bn | 1.568112622 USD Bn | 3.297756485 USD Bn |
| 2021 | 13.24962019 USD Bn | 11.00214481 USD Bn | 16.25330729 USD Bn | 5.375860368 USD Bn | 8.842540537 USD Bn | 1.637690101 USD Bn | 3.472255227 USD Bn |
| 2022 | 14.13185562 USD Bn | 11.78690602 USD Bn | 17.36302461 USD Bn | 5.749898387 USD Bn | 9.381859007 USD Bn | 1.718511776 USD Bn | 3.654378155 USD Bn |
| 2023 | 15.09870845 USD Bn | 12.65523275 USD Bn | 18.59017234 USD Bn | 6.165463699 USD Bn | 9.970986732 USD Bn | 1.806094138 USD Bn | 3.830694439 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 18.59 Billion in 2023 from USD 12.73 Billion in 2017. This market is projected to grow at a CAGR of 6.60% 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 6.93% 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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