South and Central America Functional Beverages Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Energy Drinks, Sports Drinks, Fortified Juices, Functional Water, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)
The functional beverages market in South & Central America is expected to grow from US$ 1,800.31 million in 2021 to US$ 3,135.15 million by 2028; it is estimated to grow at a CAGR of 8.2% from 2021 to 2028.
Over the past few years, the lifestyles of people have changed dramatically. People find it difficult to balance work, home, and recreation due to their hectic lifestyles, resulting in distraction, demotivation, and mental instability. Many people wish to enhance their concentration and mental clarity to handle their daily routine better. Therefore, people focus on improving their cognitive health and prefer products that improve the brain's functioning. Cognitive health is the ability to think, learn, and remember clearly. It is a crucial aspect of brain health. Thus, the growing focus on cognitive health and nootropics has compelled various functional beverage manufacturers to develop products with cognitive benefits. Nootropic beverages consist of ingredients that increase cognitive performance, reduce stress and exhaustion, and enhance mood and productivity. Manufacturers are using ingredients rich in eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA), choline, creatine, and resveratrol to help boost the performance of the brain. Thus, the increasing focus on mental health is driving the functional beverages market growth in South & Central America.
South & Central America Functional Beverages Market Revenue and Forecast to 2028 (US$ Million)
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South & Central America Functional Beverages Market Segmentation
The South & Central America functional beverages market is segmented into type, distribution channel, and country. Based on type, the South & Central America functional beverages market is segmented into energy drinks, sports drinks, fortified juices, functional water, and others. In 2020, the energy drinks segment held the largest share of the market. Based on distribution channel, the South & Central America functional beverages market is segmented into supermarkets and hypermarkets, online retail, and convenience stores. In 2020, the convenience stores segment held the largest share of the market. Similarly, based on country, the South & Central America functional beverages market is segmented into Brazil, Argentina, and the Rest of South & Central America. Furthermore, the Rest of South & Central America contributed a substantial share in 2020.
Danone S.A.; GENERAL MILLS, INC.; KRAFT Foods; Monster Energy Company; Nestlé; PepsiCo; Red Bull; The Coca-Cola Company; and The Wonderful Company LLC are among the leading companies operating in the South & Central America functional beverages market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. SCAM Functional Beverages Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Value Chain Analysis
4.4.1 Raw Material
4.4.2 Manufacturing/Processing
4.4.3 Packaging
5. SCAM Functional Beverages Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Beverages with Functional Benefits
5.1.2 Increasing Healthcare Expenditure
5.2 Market Restraints
5.2.1 High Costs of Functional Beverages and Stringent Labelling Norms
5.3 Market Opportunities
5.3.1 Hike in Demand for Plant-based Functional Beverages
5.4 Future Trends
5.4.1 Growing Popularity of Nootropic Beverages
5.5 Impact Analysis of Drivers and Restraints
6. Functional Beverages – SCAM Market Analysis
6.1 SCAM Functional Beverages Market Overview
6.2 SCAM Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)
7. SCAM Functional Beverages Market Analysis – By Type
7.1 Overview
7.2 SCAM Functional Beverages Market Breakdown, By Type, (2020 & 2028)
7.3 Energy Drinks
7.3.1 Overview
7.3.2 SCAM Energy Drinks Market Revenue Forecasts to 2028 (US$ Million)
7.4 Sports Drinks
7.4.1 Overview
7.4.2 SCAM Sports Drinks Market Revenue Forecasts to 2028 (US$ Million)
7.5 Fortified Juices
7.5.1 Overview
7.5.2 SCAM Fortified Juices Market Revenue Forecasts to 2028 (US$ Million)
7.6 Functional Water
7.6.1 Overview
7.6.2 SCAM Functional Water Market Revenue Forecasts to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 SCAM Others Market Revenue Forecasts to 2028 (US$ Million)
8. SCAM Functional Beverages Market Analysis – By Distribution Channel
8.1 Overview
8.2 SCAM Functional Beverages Market Breakdown, By Distribution Channel, (2020 & 2028)
8.3 Supermarkets and Hypermarkets
8.3.1 Overview
8.3.2 SCAM Supermarkets and Hypermarkets Functional Beverages Market Revenue Forecasts to 2028 (US$ Million)
8.4 Convenience Stores
8.4.1 Overview
8.4.2 SCAM Convenience Stores Functional Beverages Market Revenue Forecasts to 2028 (US$ Million)
8.5 Online Retail
8.5.1 Overview
8.5.2 SCAM Online Retail Functional Beverages Market Revenue Forecasts to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 SCAM Others Functional Beverages Market Revenue Forecasts to 2028 (US$ Million)
9. SCAM Functional Beverages Market – Country Analysis
9.1 Overview
9.1.1 SCAM Functional Beverages Market Breakdown, by Key Countries
9.1.1.1 Brazil Functional Beverages Market Revenue Forecasts to 2028 (US$ Million)
9.1.1.1.1 Brazil Functional Beverages Market Breakdown By Type
9.1.1.1.2 Brazil Functional Beverages Market Breakdown by Distribution Channel
9.1.1.2 Argentina Functional Beverages Market Revenue Forecasts to 2028 (US$ Million)
9.1.1.2.1 Argentina Functional Beverages Market Breakdown By Type
9.1.1.2.2 Argentina Functional Beverages Market Breakdown by Distribution Channel
9.1.1.3 Rest of SCAM Functional Beverages Market Revenue Forecasts to 2028 (US$ Million)
9.1.1.3.1 Rest of SCAM Functional Beverages Market Breakdown By Type
9.1.1.3.2 Rest of SCAM Functional Beverages Market Breakdown by Distribution Channel
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition
11. Company Profiles
11.1 PepsiCo
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 The Coca-Cola Company
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Nestlé
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 The Kraft Heinz Company
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 GENERAL MILLS, INC.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Danone S.A.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Monster Energy Company
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Red Bull
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 The Wonderful Company LLC.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. SCAM Functional Beverages Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Functional Beverages Market Revenue and Forecasts to 2028 – By Type (US$ Million)
Table 3. Brazil Functional Beverages Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)
Table 4. Argentina Functional Beverages Market Revenue and Forecasts to 2028 – By Type (US$ Million)
Table 5. Argentina Functional Beverages Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)
Table 6. Rest of SCAM Functional Beverages Market Revenue and Forecasts to 2028 – By Type (US$ Million)
Table 7. Rest of SCAM Functional Beverages Market Revenue and Forecasts to 2029 – By Distribution Channel (US$ Million)
Table 8. List of Abbreviation
LIST OF FIGURES
Figure 1. SCAM Functional Beverages Market Segmentation
Figure 2. SCAM Functional Beverages Market Segmentation – By Country
Figure 3. SCAM Functional Beverages Market Overview
Figure 4. SCAM Functional Beverages Market: By Type
Figure 5. SCAM Functional Beverages Market: By Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Value Chain: SCAM Functional Beverages Market
Figure 9. SCAM Functional Beverages Market Impact Analysis of Drivers and Restraints
Figure 10. SCAM Functional Beverages Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. SCAM Functional Beverages Market Breakdown by Type, 2020 & 2028 (%)
Figure 12. SCAM Energy Drinks Market Revenue Forecasts to 2028 (US$ Million)
Figure 13. SCAM Sports Drinks Market Revenue Forecasts to 2028 (US$ Million)
Figure 14. SCAM Fortified Juices Market Revenue Forecasts to 2028 (US$ Million)
Figure 15. SCAM Functional Water Market Revenue Forecasts to 2028 (US$ Million)
Figure 16. SCAM Others Market Revenue Forecasts to 2028 (US$ Million)
Figure 17. SCAM Functional Beverages Market Breakdown by Distribution Channel, 2020 & 2028 (%)
Figure 18. SCAM Supermarkets and Hypermarkets Functional Beverages Market Revenue Forecasts to 2028 (US$ Million)
Figure 19. SCAM Convenience Stores Functional Beverages Market Revenue Forecasts to 2028 (US$ Million)
Figure 20. SCAM Online Retail Functional Beverages Market Revenue Forecasts to 2028 (US$ Million)
Figure 21. SCAM Others Functional Beverages Market Revenue Forecasts to 2028 (US$ Million)
Figure 22. SCAM Functional Beverages Market, by key Country Revenue (2020) (US$ Million)
Figure 23. SCAM Functional Beverages Market Breakdown by Key Countries, 2020 & 2028 (%)
Figure 24. Brazil Functional Beverages Market Forecasts to 2028 (US$ Million)
Figure 25. Argentina Functional Beverages Market Forecasts to 2028 (US$ Million)
Figure 26. Rest of SCAM Functional Beverages Market Forecasts to 2028 (US$ Million)
- Danone S.A.
- GENERAL MILLS, INC.
- KRAFT Foods
- Monster Energy Company
- Nestlé
- PepsiCo
- Red Bull
- The Coca-Cola Company
- The Wonderful Company LLC
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America Functional Beverages Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South and Central America Functional Beverages Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South and Central America market trends and outlook coupled with the factors driving the Functional Beverages Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution