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[BUSINESS] · United Kingdom · 2 sources

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UK nootropic functional beverage market projected to reach USD 474 million by 2032

The UK nootropic functional beverages market is projected to grow from USD 126.9 million in 2019 to USD 474.38 million by 2032, representing a compound annual growth rate of 11.24%. This expansion is driven by increasing health consciousness, demand for convenient nutritional products, and a preference for clean-label, plant-based ingredients.

In response to these trends, organic food supplier Biona has launched three new functional drinks. The new range includes an immune shot featuring organic fruit, vegetable juices, and botanical extracts like shiitake mushrooms; a fibre shot designed for digestive health using inulin and acacia fibre; and an organic coconut water sourced from Sri Lanka. These product launches follow reports of a 73% value growth in the UK health-shot category over the past year.

Entities

Biona · Fortune Business Insights · Windmil