Functional Beverages: A Comprehensive Market Analysis (2024-2032)
The functional beverage market size has experienced significant growth, driven by increasing consumer awareness of health and wellness. In 2023, the global functional beverage market was valued at approximately USD 243.36 billion. Forecasted to expand at a compound annual growth rate (CAGR) of 7.0%, it is expected to reach an impressive USD 448.97 billion by 2032.