Functional Food and Beverage Market is anticipated to grow further up to USD 602 Billion By 2033
According to Custom Market Insights (CMI), The Global Functional Food and Beverage Market Size was valued at USD 290 billion in 2021 and is estimated to reach USD 602 billion by the end of 2030 at a CAGR of approximately 12.38% during the forecast period 2022-2030. An increase in the number of wellness centers and the developing tendency of people toward a sound way of life is the key development drivers of the functional food and beverage market . The growing support of individuals in sports at the public and global level will probably expand the number of competitors, thus speeding up the development of the supplementary drinks and foods market. Furthermore, utilitarian refreshments handling organizations are sending off beverages with low calories and fats and adding natural products to enhance the quality of the final product. As a result, refined tastes and caffeinated drinks are developed for clients in sports. Subsequently, specialty stores and hypermarkets sig...