Food & Beverages

• The global functional food and beverage business is predicted to grow at a CAGR of 9.5 percent between 2021 and 2028, from $281.14 billion to $529.66 billion.
• Rising demand for healthy, nutrient-dense diets is pushing changes in the food and beverage industries.
• Market growth is being driven by increased product research and innovation initiatives, as well as the availability of a varied selection of commodities, notably on e-commerce platforms.
• Asia Pacific is expected to hold the world's greatest market share.