Asia Pacific Functional Beverages Market Forecast (2016-2023)
The above chart is Global Functional Beverages market [2016-2023] by Asia Pacific
china accounted for the largest market share in 2017 in the asia pacific functional beverages market, and is expected to reach usd 19.96 billion in 2023 from usd 13.37 billion in 2017. however, india is the fastest growing market, which is expected to grow at a cagr of 7.67% during the forecast period 2018 - 2023. sports beverages segment accounted for the largest market share in 2017, this market is expected to reach usd 16.42 billion in 2023 from usd 10.71 billion in 2017. this market is projected to grow at a cagr of 7.46% during the forecast period from 2018 - 2023. however, functional fruit and vegetable juices segment is the fastest growing market, which is expected to grow at a cagr of 7.85% during the forecast period 2018 - 2023. store based segment accounted for the larger market share in 2017, this market is expected to reach usd 51.21 billion in 2023 from usd 33.89 billion in 2017. this market is projected to grow at a cagr of 7.21% during the forecast period from 2018 - 2023. however, non store based segment is the fastest growing market, which is expected to grow at a cagr of 7.82% during the forecast period 2018 - 2023. health and wellness segment accounted for the largest market share in 2017, this market is expected to reach usd 22.25 billion in 2023 from usd 14.91 billion in 2017. this market is projected to grow at a cagr of 6.99% during the forecast period from 2018 - 2023. however, energy and rejuvenation segment is the fastest growing market, which is expected to grow at a cagr of 7.72% during the forecast period 2018 - 2023.