North America functional foods and beverages market is projected to register a 5.10% YoY growth rate in 2022 | Nestlé SA offers Crunchy Flakes, Crunchy Muesli, Nesquik, Nestea, Nestle Milo and Nescafe | Technavi

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NEW YORK, January 20, 2022 /PRNewswire/ — North America Functional Foods & 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

  • All sites: 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 other things.

  • Cover: Key drivers, trends and challenges; product insights and news; Analysis of the value chain; master market analysis; provider landscape; COVID Impact and Recovery Analysis

  • Segments: Product (functional foods and functional drinks)

  • Geographies: US, Canada, and Mexico

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According to Technavio’s current market study, the Functional Foods and Beverages Market in North America is expected to increase $32.58 billion accelerated from 2021 to 2026 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 key investment pockets. Among the other regions, the US will see the highest growth rate at 63%.

Download a FREE pattern: for more additional information about the major countries in the US.

Vendor Insights-

the The functional foods and beverages market in North America is fragmented, and vendors adopt growth strategies, e.g. B. Focusing on product delivery through multiple distribution channels to compete in the market.

  • Nestle SA –The company offers a wide range of functional foods and beverages such as Crunchy Flakes, Crunchy Granola, Nesquik, Nestea, Nestle Milo and Nescafe.

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

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

Find more highlights about the providers and their product offerings. Download a free sample report

Regional Market Outlook

The functional foods and beverages market in North America Stock growth in the US will be significant over the forecast period. However, the market growth rate in USA will be slower than the growth of the market in Canada and Mexico. The growing awareness of health and fitness will fuel the growth of the functional foods and beverages market in the United States during the forecast period.

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

Latest Drivers & Challenges of the Market-

Innovations in flavors and functional ingredients are driving the functional food and beverage market North America. Functional food and beverage manufacturers are introducing new flavors to meet changing consumer preferences. Brands are also focusing on sugar-free and low-calorie formulations as these are in high demand. Technological advances have enabled the development of products that mask the unpleasant taste of some 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 has grown in North America has also grown due to better packaging and innovation. Various innovative packaging materials were introduced. New alternatives to paper packaging are metals, plastics, glass and biopolymers.

Skepticism about the efficacy of functional foods and beverages can stunt market growth. Extensive studies have been conducted to validate the claims made by the manufacturers of these foods and beverages as to their effectiveness and to examine any health risks associated with the consumption of these products. Some studies have shown that many of the ingredients found in popular energy drinks have side effects and contain more than the recommended amount of potentially harmful chemicals. Studies have also found that mixing functional drinks formulated to increase energy (eg, those containing caffeine) with those formulated to lower blood pressure (eg, those containing taurine) can cause side effects in the body. Therefore, manufacturers of functional foods and beverages are required to label all products with warnings of overdose or adverse effects resulting from mixing one type of functional beverage with another.

For more information on various other market drivers and challenges, see our FREE sample report.

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

  • CAGR of the market over the forecast period 2022-2026

  • Detailed information on factors that will support the Functional Foods and Beverages market North America growth over the next five years

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

  • Predictions about upcoming trends and changes in consumer behavior

  • The growth of the functional foods and beverages market in North America

  • Analysis of the competitive landscape of the market and detailed information about vendors

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

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Functional Foods and Beverages Market in North American Scope

report coverage

details

page number

120

base year

2021

forecast period

2022-2026

Growth Dynamics & CAGR

Accelerate with a CAGR of 7.29%

Market growth 2022-2026

$32.58 billion

market structure

fragmented

YoY Growth (%)

5.10

Regional Analysis

USA, Canada and Mexico

make a market contribution

US at 63%

Important consumer countries

USA, Canada and Mexico

competitive landscape

Leading companies, competitive strategies, levels of consumer engagement

company profiled

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.

market dynamics

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

customization area

If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted.

about us
Technavio is a leading global technology research and consulting firm. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies and spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive position in changing market scenarios.

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Technavio (PRNews photo/Technavio)

Technavio (PRNews photo/Technavio)

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