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Kraft Heinz Co KHC

The Kraft Heinz Company is a global food and beverage company. The Company manufactures (and contract for the manufacture of) its products from a variety of raw materials. It purchases and uses commodities, including dairy products, meat products, tomato products, soybean and vegetable oils, sugar and other sweeteners, coffee beans, wheat and processed grains, eggs, and other fruits and vegetables to manufacture its products. In addition, the Company purchases and uses significant quantities of resins, fiberboard, metals and cardboard to package its products. The Company's geographic segments include North America and International. Its North America segment offers various brands, which include Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Capri Sun, Maxwell House, Kool-Aid and Jell-O. Its International segment offers various brands, such as Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie’s, Pudliszki and Plasmon.


NDAQ:KHC - Post by User

Post by ivosmithon Dec 15, 2023 4:07am
119 Views
Post# 35786115

Functional Beverages Market Report and Outlook 2024-2032

Functional Beverages Market Report and Outlook 2024-2032

According to the latest research report, the global functional beverages market size reached US$ 135.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 234.0 Billion by 2032, exhibiting a growth rate (CAGR) of 6.16% during 2024-2032.

The market is currently being driven primarily by the increasing demand for products among the geriatric population. Additionally, the market growth is being augmented by evolving consumer preferences and a growing awareness of the importance of nutrition and overall well-being. Beverages fortified with various vitamins, minerals, antioxidants, and other health-improving ingredients are also playing a significant role in influencing market growth.

Moreover, the geriatric population is actively seeking beverages that offer tangible health benefits, such as improved joint health, enhanced cognitive function, and increased energy levels, representing another major factor inducing growth. Furthermore, the recent onset of the coronavirus disease (COVID-19) pandemic has led to an ongoing increase in product demand. Individuals are currently focusing on enhancing immune health, turning to beverages produced with immune-improving ingredients such as zinc, herbal extracts, and vitamins C and D.

Explore full report with Table of Contents: https://www.imarcgroup.com/functional-beverages-market

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