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Functional Beverages Market to register unwavering growth during 2021 to 2028

  For many decades, the beverages industry has already been a booming market. An innovative idea to produce functional beverages can become a great move to rapidly drive the growth of the beverages market. This is mainly because of leading busy lifestyles, where people are running after time and looking for supplements to get nutritional value. Particularly, these functional juices are non-alcoholic drinks that constitute many useful ingredients such as ginger, turmeric, fruits, leaves extracts, and many others. These ingredients help consumers to obtain well-being benefits and easily add nutritional value to their diets. What are the Common Types of Functional Beverages? There exist various types of functional beverages with different beneficial values. Some of the categories are discussed below: Functional Water - Functional water is nothing but the water consisting of altered chemicals, such as oxygen, herbs, soluble hydrogen, caffeine, and many more. This water is quite beneficial

Functional Beverages Market to Reach US$2,12,286.10 Million by 2028

  The  global functional beverages market  is estimated to be valued at   $2,12,286.10 million by 2028 , surging from   $1,27,555.60 million in 2020 , at a noteworthy   CAGR of 6.60%. Impact Analysis of COVID-19 on the Functional Beverages Market The global market for functional beverages is estimated to experience a moderate growth amid the COVID-19 pandemic. Disruptions in supply chain and limited manufacturing facilities across the globe have hit the supply chain and it is impacting the businesses and workers engaged in it. On the other hand, the growth of the market is the result of increasing demand for functional beverages due to rising health awareness regarding healthy lifestyles & diet. Also, companies are focusing more on energy drinks that boost immunity to fight against the deadly virus. Moreover, according to a news article published by Outlook India, in July 2020, demand for energy drinks increased as they would act as immunity boosters to fight against the COVID-19.