The Latin America, Middle East and Africa Functional Beverages Market would witness market growth of 8.9% CAGR during the forecast period (2021-2027).
Health-oriented beverages such as probiotic food products are considered as necessary products due to which, customers are increasingly moving towards the consumption of such products. Additionally, the demand for probiotic drinks like kombucha is driven by the strategies used to maximize the sale like the addition of attractive tag lines that include ready-to-drink & on the go beverages. These factors are accountable for the changing preference of customers from fruit juices & carbonated drinks towards functional drinks.
Moreover, with the growing awareness among customers about the ill-effects of soft drinks, the customers are rapidly reducing the consumption of soft drinks such as juices and carbonates and are inclining towards healthy products like probiotics, soymilk, and other functional drinks. Further, customer education is playing a vital role in the rapidly growing demand for healthy hydration drinks. The fame gained by the trend of healthy hydration is due to the rising acceptance of probiotics drinks by customers and swiftly increasing awareness about fermented drinks that contain natural ingredients. Thus, these factors are anticipated to boost the growth of the functional beverages market in the forthcoming years.
The LAMEA functional beverages market is anticipated to acquire strong growth in the forthcoming years. These beverages improve digestive health due to which, this region is witnessing considerable growth in its demand. In addition, customers are gradually inclining towards probiotics products as the awareness related to its benefits is increasing among the customers across this region. Probiotics drinks are one of the functional beverages. Additionally, the factors such as improved gut health, a rising number of health-conscious customers, especially millennials, and great availability of ready-to-drink products are directly associated with the growth of the regional market.
Moreover, functional drinks like probiotic drinks are among the essential drinks that help in maintaining a healthy balance of intestinal bacteria and provide several health benefits such as proper immune function, digestive health, and weight loss. Further, higher consumption of these drinks stimulates mental health and helps in maintaining the better light. Therefore, it is projected that these aspects will propel the growth of the functional beverages market in the upcoming years.
The Fitness Lifestyle Users market dominated the South Africa Functional Beverages Market by End User in 2020, thereby, achieving a market value of $882.4 Million by 2027. The Athletes market is estimated to grow at a CAGR of 10.1% during (2021 - 2027). Additionally, The Others market is expected to witness highest CAGR of 9.9% during (2021 - 2027).
Based on End User, the market is segmented into Fitness Lifestyle Users, Athletes and Others. Based on Type, the market is segmented into Energy Drinks, Sports Drinks, Juices, Dairy-based Beverages and Others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Specialty Stores, E-commerce and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., The Coca Cola Company, Nestle S.A., Danone S.A., Meiji Holdings Co., Ltd., Monster Beverage Corporation, Suntory Beverage & Food Limited, National Beverage Corporation, Red Bull GmbH, and Clif Bar & Company.
Scope of the Study
Market Segments covered in the Report:
By End User
• Fitness Lifestyle Users
• Energy Drinks
• Sports Drinks
• Dairy-based Beverages
By Distribution Channel
• Specialty Stores
• Saudi Arabia
• South Africa
• Rest of LAMEA
• PepsiCo, Inc.
• The Coca Cola Company
• Nestle S.A.
• Danone S.A.
• Meiji Holdings Co., Ltd.
• Monster Beverage Corporation
• Suntory Beverage & Food Limited
• National Beverage Corporation
• Red Bull GmbH
• Clif Bar & Company
• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free
Our reports have been used by over 10K customers, including:
257 pages •
By Future Market Insight Global & Consulting Pvt Ltd
• Mar 2022
A recent market report published on the Pail market provides global industry analysis for 2015-2021 & forecast for 2022-2032. The report offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the pail market, the growth prospects...
The global air treatment market is projected to reach US$ 11,041.19 million by 2028 from US$ 8,155.00 million in 2020; it is estimated to grow at a CAGR of 4.2% from 2020 to 2028. PM, or microscale airborne contaminants, has been identified as a significant risk factor causing premature death.The toxicological effects associated with...
The Latin America, Middle East and Africa Collagen Market would witness market growth of 8.8% CAGR during the forecast period (2021-2027). Many dermatologists provided the theory on collagen that the consumption of collagen based products such as collagen drinks may result in sending a wrong signal to the existence of collagen fragments...
The Latin America, Middle East and Africa Instant Beverage Premix Market would witness market growth of 7.7% CAGR during the forecast period (2021-2027). In developing countries, the middle-class population has a high need for in-home coffee drinking. Consumers are turning towards instant coffee due to convenience in food habits in...
The Latin America, Middle East and Africa Acerola Extract Market would witness market growth of 11.8% CAGR during the forecast period (2021-2027). Manufacturers of acerola extract have benefited from the growing trend of clean-label food items as a result of rising health concerns. The most common use of acerola extract as an antioxidant...
The Latin America, Middle East and Africa Customized Premixes Market would witness market growth of 10.5% CAGR during the forecast period (2021-2027). Some of the growth catalysts for the market are rising demand for vitamin & mineral-enriched foods and increased consumer health awareness. Vitamins, minerals, amino acids, nutraceuticals,...
The Latin America, Middle East and Africa Coding And Marking Equipment Market would witness market growth of 9.0% CAGR during the forecast period (2021-2027). The inclusion of batch numbers, barcodes, and expiry dates to food and drink packages allows them to track their products anywhere in the globe in the case of a recall, as well...
The Latin America, Middle East and Africa Nootropics Market would witness market growth of 18.6% CAGR during the forecast period (2021-2027). Modern medications like aniracetam, pramiracetam, piracetam, and cholinesterase inhibitors such as onepezil can be utilized as nootropic agents. Numerous companies are developing synthetic nootropics...
The Latin America, Middle East and Africa Beverage Processing Equipment Market would witness market growth of 6.4% CAGR during the forecast period (2021-2027). With the advent of green technologies, manufacturers have been encouraged to replace their conventional food and beverage processing equipment with energy-efficient configurations,...
The Latin America, Middle East and Africa Moisture Analyzer Market would witness market growth of 6.5% CAGR during the forecast period (2021-2027). Companies aiming to produce high-quality injected moulded items understand that the moisture level of their resin feeds is crucial to product quality. Moisture analyzers are simple to operate...
United Arab Emirates
Orange Juice Export
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.