US Functional Food and Beverage Market to Grow At CAGR of 6.53% Forecast 2017-2021

Albany, US, 2017-Aug-29 — /EPR Network/ — Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as Functional Food and Beverage Market in the US 2017-2021”, are defined as products that have health and wellness attributes. They address the functional needs of the consumers. The players highlight these attributes on the packaging of the products. For functional foods, categories included in the report are dairy products, bakery and cereals, confectionery, savory snacks, and others. While for functional beverages categories included in the report are sports drinks, energy drinks, and others.

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Market Research Hub’s market study recognizes the increasing awareness of useful foods among different age groups as one of the primary growth factors for the functional food and beverage market in the US. The enlarged media coverage has enhanced consumer awareness regarding the feeding of vitamins, minerals, calcium, and other nutrients. Millennials, generation Z, and the older generation are becoming more health-conscious and prefer to ingest healthy food with healthy ingredients to prevent health issues such as weight management, cholesterol levels, and other lifestyle-related diseases. Vendors are also focusing on developing products to target age-related disorders and to help consumers inculcate healthy nutrients in the diet. Market Research Hub’s market analysts approximation that this market will grow steadily at a CAGR of 6.53% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the functional food and beverage market in the US for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Market Research Hub’s report, Functional Food and Beverage Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
General Mills
Kraft Heinz
Red Bull

Other prominent vendors
Dr. Pepper Snapple Group
Living Essentials
MONSTER ENERGY (Monster Beverage Corporation)
Yakult USA
The Balance Bar Company
T.C. Pharma
Wm. Wrigley Jr. Company

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Market driver
Growing consumption of functional F&B as a preventive medicine
For a full, detailed list, view our report

Market challenge
Presence of stringent government regulations
For a full, detailed list, view our report

Market trend
Marketing initiatives adopted by players
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of  food market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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