Summary

Functional Foods And Beverages Market In North America 2024-2028
The functional foods and beverages market in North America is forecasted to grow by USD 43.1 mn during 2023-2028, accelerating at a CAGR of 8.38% during the forecast period. The report on the functional foods and beverages market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product innovations in flavors and functional ingredients, increasing interest and rising awareness of the benefits of functional foods and beverages among different age groups, and rise in demand for NEW varieties of functional foods.
Technavio's functional foods and beverages market in North America is segmented as below:
By Product
• Functional foods
• Functional beverages
By Distribution Channel
• Offline
• Online
By Geography
• North America
This study identifies the rising awareness of the health benefits of functional foods and beverages as one of the prime reasons driving the functional foods and beverages market in North America growth during the next few years. Also, increasing number of young video gamers and increasing demand for organic juices will lead to sizable demand in the market.
The report on the functional foods and beverages market in North America covers the following areas:
• Functional foods and beverages market in North America sizing
• Functional foods and beverages market in North America forecast
• Functional foods and beverages market in North America industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading functional foods and beverages market in North America vendors that include Archer Daniels Midland Co., Arla Foods amba, Campbell Soup Co., Danone SA, Fonterra Cooperative Group Ltd., General Mills Inc., Glanbia PLC, Hearthside Food Solutions LLC, Kellogg Co., Keurig DR Pepper Inc., Monster Beverage Corp., Nestle SA, PepsiCo Inc., Red Bull GmbH, Suntory Holdings Ltd., The Coca Cola Co., Tyson Foods Inc., Unilever PLC, Yakult Honsha Co. Ltd., and The Kraft Heinz Co.. Also, the functional foods and beverages market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. For further information on this report, please visit - https://www.technavio.com/report/north-america-functional-foods-and-beverages-market-industry-analysis
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

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Table of Contents

• 1 Executive Summary
o 1.1 Market overview
o Exhibit 01: Executive Summary - Chart on Market Overview
o Exhibit 02: Executive Summary - Data Table on Market Overview
o Exhibit 03: Executive Summary - Chart on Country Market Characteristics
o Exhibit 04: Executive Summary - Chart on Market by Geography
o Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
o Exhibit 06: Executive Summary - Chart on Market Segmentation by Distribution Channel
o Exhibit 07: Executive Summary - Chart on Incremental Growth
o Exhibit 08: Executive Summary - Data Table on Incremental Growth
o Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
• 2 Market Landscape
o 2.1 Market ecosystem
o Exhibit 10: Parent market
o Exhibit 11: Market Characteristics
• 3 Market Sizing
o 3.1 Market definition
o Exhibit 12: Offerings of vendors included in the market definition
o 3.2 Market segment analysis
o Exhibit 13: Market segments
o 3.3 Market size 2023
o 3.4 Market outlook: Forecast for 2023-2028
o Exhibit 14: Chart on North America - Market size and forecast 2023-2028 ($ million)
o Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
o Exhibit 16: Chart on North America: Year-over-year growth 2023-2028 (%)
o Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
• 4 Historic Market Size
o 4.1 Functional foods and beverages market in North America 2018 - 2022
o Exhibit 18: Historic Market Size - Data Table on functional foods and beverages market in north America 2018 - 2022 ($ million)
o 4.2 Product Segment Analysis 2018 - 2022
o Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
o 4.3 Distribution Channel Segment Analysis 2018 - 2022
o Exhibit 20: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
o 4.4 Geography Segment Analysis 2018 - 2022
o Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
• 5 Five Forces Analysis
o 5.1 Five forces summary
o Exhibit 22: Five forces analysis - Comparison between 2023 and 2028
o 5.2 Bargaining power of buyers
o Exhibit 23: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
o 5.3 Bargaining power of suppliers
o Exhibit 24: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
o 5.4 Threat of new entrants
o Exhibit 25: Threat of new entrants - Impact of key factors in 2023 and 2028
o 5.5 Threat of substitutes
o Exhibit 26: Threat of substitutes - Impact of key factors in 2023 and 2028
o 5.6 Threat of rivalry
o Exhibit 27: Threat of rivalry - Impact of key factors in 2023 and 2028
o 5.7 Market condition
o Exhibit 28: Chart on Market condition - Five forces 2023 and 2028
• 6 Market Segmentation by Product
o 6.1 Market segments
o Exhibit 29: Chart on Product - Market share 2023-2028 (%)
o Exhibit 30: Data Table on Product - Market share 2023-2028 (%)
o 6.2 Comparison by Product
o Exhibit 31: Chart on Comparison by Product
o Exhibit 32: Data Table on Comparison by Product
o 6.3 Functional foods - Market size and forecast 2023-2028
o Exhibit 33: Chart on Functional foods - Market size and forecast 2023-2028 ($ million)
o Exhibit 34: Data Table on Functional foods - Market size and forecast 2023-2028 ($ million)
o Exhibit 35: Chart on Functional foods - Year-over-year growth 2023-2028 (%)
o Exhibit 36: Data Table on Functional foods - Year-over-year growth 2023-2028 (%)
o 6.4 Functional beverages - Market size and forecast 2023-2028
o Exhibit 37: Chart on Functional beverages - Market size and forecast 2023-2028 ($ million)
o Exhibit 38: Data Table on Functional beverages - Market size and forecast 2023-2028 ($ million)
o Exhibit 39: Chart on Functional beverages - Year-over-year growth 2023-2028 (%)
o Exhibit 40: Data Table on Functional beverages - Year-over-year growth 2023-2028 (%)
o 6.5 Market opportunity by Product
o Exhibit 41: Market opportunity by Product ($ million)
o Exhibit 42: Data Table on Market opportunity by Product ($ million)
• 7 Market Segmentation by Distribution Channel
o 7.1 Market segments
o Exhibit 43: Chart on Distribution Channel - Market share 2023-2028 (%)
o Exhibit 44: Data Table on Distribution Channel - Market share 2023-2028 (%)
o 7.2 Comparison by Distribution Channel
o Exhibit 45: Chart on Comparison by Distribution Channel
o Exhibit 46: Data Table on Comparison by Distribution Channel
o 7.3 Offline - Market size and forecast 2023-2028
o Exhibit 47: Chart on Offline - Market size and forecast 2023-2028 ($ million)
o Exhibit 48: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
o Exhibit 49: Chart on Offline - Year-over-year growth 2023-2028 (%)
o Exhibit 50: Data Table on Offline - Year-over-year growth 2023-2028 (%)
o 7.4 Online - Market size and forecast 2023-2028
o Exhibit 51: Chart on Online - Market size and forecast 2023-2028 ($ million)
o Exhibit 52: Data Table on Online - Market size and forecast 2023-2028 ($ million)
o Exhibit 53: Chart on Online - Year-over-year growth 2023-2028 (%)
o Exhibit 54: Data Table on Online - Year-over-year growth 2023-2028 (%)
o 7.5 Market opportunity by Distribution Channel
o Exhibit 55: Market opportunity by Distribution Channel ($ million)
o Exhibit 56: Data Table on Market opportunity by Distribution Channel ($ million)
• 8 Customer Landscape
o 8.1 Customer landscape overview
o Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
• 9 Geographic Landscape
o 9.1 Geographic segmentation
o Exhibit 58: Chart on Market share by geography - 2023-2028 (%)
o Exhibit 59: Data Table on Market share by geography - 2023-2028 (%)
o 9.2 Geographic comparison
o Exhibit 60: Chart on Geographic comparison
o Exhibit 61: Data Table on Geographic comparison
o 9.3 US - Market size and forecast 2023-2028
o Exhibit 62: Chart on US - Market size and forecast 2023-2028 ($ million)
o Exhibit 63: Data Table on US - Market size and forecast 2023-2028 ($ million)
o Exhibit 64: Chart on US - Year-over-year growth 2023-2028 (%)
o Exhibit 65: Data Table on US - Year-over-year growth 2023-2028 (%)
o 9.4 Canada - Market size and forecast 2023-2028
o Exhibit 66: Chart on Canada - Market size and forecast 2023-2028 ($ million)
o Exhibit 67: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
o Exhibit 68: Chart on Canada - Year-over-year growth 2023-2028 (%)
o Exhibit 69: Data Table on Canada - Year-over-year growth 2023-2028 (%)
o 9.5 Mexico - Market size and forecast 2023-2028
o Exhibit 70: Chart on Mexico - Market size and forecast 2023-2028 ($ million)
o Exhibit 71: Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
o Exhibit 72: Chart on Mexico - Year-over-year growth 2023-2028 (%)
o Exhibit 73: Data Table on Mexico - Year-over-year growth 2023-2028 (%)
o 9.6 Market opportunity by geography
o Exhibit 74: Market opportunity by geography ($ million)
o Exhibit 75: Data Table on Market opportunity by geography ($ million)
• 10 Drivers, Challenges, and Trends
o 10.1 Market drivers
o 10.2 Market challenges
o 10.3 Impact of drivers and challenges
o Exhibit 76: Impact of drivers and challenges in 2023 and 2028
o 10.4 Market trends
• 11 Vendor Landscape
o 11.1 Overview
o 11.2 Vendor landscape
o Exhibit 77: Overview on Criticality of inputs and Factors of differentiation
o 11.3 Landscape disruption
o Exhibit 78: Overview on factors of disruption
o 11.4 Industry risks
o Exhibit 79: Impact of key risks on business
• 12 Vendor Analysis
o 12.1 Vendors covered
o Exhibit 80: Vendors covered
o 12.2 Market positioning of vendors
o Exhibit 81: Matrix on vendor position and classification
o 12.3 Archer Daniels Midland Co.
o Exhibit 82: Archer Daniels Midland Co. - Overview
o Exhibit 83: Archer Daniels Midland Co. - Business segments
o Exhibit 84: Archer Daniels Midland Co. - Key offerings
o Exhibit 85: Archer Daniels Midland Co. - Segment focus
o 12.4 Campbell Soup Co.
o Exhibit 86: Campbell Soup Co. - Overview
o Exhibit 87: Campbell Soup Co. - Business segments
o Exhibit 88: Campbell Soup Co. - Key offerings
o Exhibit 89: Campbell Soup Co. - Segment focus
o 12.5 Danone SA
o Exhibit 90: Danone SA - Overview
o Exhibit 91: Danone SA - Business segments
o Exhibit 92: Danone SA - Key news
o Exhibit 93: Danone SA - Key offerings
o Exhibit 94: Danone SA - Segment focus
o 12.6 Fonterra Cooperative Group Ltd.
o Exhibit 95: Fonterra Cooperative Group Ltd. - Overview
o Exhibit 96: Fonterra Cooperative Group Ltd. - Business segments
o Exhibit 97: Fonterra Cooperative Group Ltd. - Key offerings
o Exhibit 98: Fonterra Cooperative Group Ltd. - Segment focus
o 12.7 General Mills Inc.
o Exhibit 99: General Mills Inc. - Overview
o Exhibit 100: General Mills Inc. - Business segments
o Exhibit 101: General Mills Inc. - Key news
o Exhibit 102: General Mills Inc. - Key offerings
o Exhibit 103: General Mills Inc. - Segment focus
o 12.8 Kellogg Co.
o Exhibit 104: Kellogg Co. - Overview
o Exhibit 105: Kellogg Co. - Business segments
o Exhibit 106: Kellogg Co. - Key news
o Exhibit 107: Kellogg Co. - Key offerings
o Exhibit 108: Kellogg Co. - Segment focus
o 12.9 Keurig Dr Pepper Inc.
o Exhibit 109: Keurig Dr Pepper Inc. - Overview
o Exhibit 110: Keurig Dr Pepper Inc. - Business segments
o Exhibit 111: Keurig Dr Pepper Inc. - Key news
o Exhibit 112: Keurig Dr Pepper Inc. - Key offerings
o Exhibit 113: Keurig Dr Pepper Inc. - Segment focus
o 12.10 Monster Beverage Corp.
o Exhibit 114: Monster Beverage Corp. - Overview
o Exhibit 115: Monster Beverage Corp. - Business segments
o Exhibit 116: Monster Beverage Corp. - Key offerings
o Exhibit 117: Monster Beverage Corp. - Segment focus
o 12.11 Nestle SA
o Exhibit 118: Nestle SA - Overview
o Exhibit 119: Nestle SA - Business segments
o Exhibit 120: Nestle SA - Key news
o Exhibit 121: Nestle SA - Key offerings
o Exhibit 122: Nestle SA - Segment focus
o 12.12 PepsiCo Inc.
o Exhibit 123: PepsiCo Inc. - Overview
o Exhibit 124: PepsiCo Inc. - Business segments
o Exhibit 125: PepsiCo Inc. - Key news
o Exhibit 126: PepsiCo Inc. - Key offerings
o Exhibit 127: PepsiCo Inc. - Segment focus
o 12.13 Red Bull GmbH
o Exhibit 128: Red Bull GmbH - Overview
o Exhibit 129: Red Bull GmbH - Product / Service
o Exhibit 130: Red Bull GmbH - Key offerings
o 12.14 Suntory Holdings Ltd.
o Exhibit 131: Suntory Holdings Ltd. - Overview
o Exhibit 132: Suntory Holdings Ltd. - Business segments
o Exhibit 133: Suntory Holdings Ltd. - Key offerings
o Exhibit 134: Suntory Holdings Ltd. - Segment focus
o 12.15 The Coca Cola Co.
o Exhibit 135: The Coca Cola Co. - Overview
o Exhibit 136: The Coca Cola Co. - Business segments
o Exhibit 137: The Coca Cola Co. - Key news
o Exhibit 138: The Coca Cola Co. - Key offerings
o Exhibit 139: The Coca Cola Co. - Segment focus
o 12.16 The Kraft Heinz Co.
o Exhibit 140: The Kraft Heinz Co. - Overview
o Exhibit 141: The Kraft Heinz Co. - Business segments
o Exhibit 142: The Kraft Heinz Co. - Key offerings
o Exhibit 143: The Kraft Heinz Co. - Segment focus
o 12.17 Yakult Honsha Co. Ltd.
o Exhibit 144: Yakult Honsha Co. Ltd. - Overview
o Exhibit 145: Yakult Honsha Co. Ltd. - Business segments
o Exhibit 146: Yakult Honsha Co. Ltd. - Key offerings
o Exhibit 147: Yakult Honsha Co. Ltd. - Segment focus
• 13 Appendix
o 13.1 Scope of the report
o 13.2 Inclusions and exclusions checklist
o Exhibit 148: Inclusions checklist
o Exhibit 149: Exclusions checklist
o 13.3 Currency conversion rates for US$
o Exhibit 150: Currency conversion rates for US$
o 13.4 Research methodology
o Exhibit 151: Research methodology
o Exhibit 152: Validation techniques employed for market sizing
o Exhibit 153: Information sources
o 13.5 List of abbreviations
o Exhibit 154: List of abbreviations