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Functional Food Ingredients Market

Functional Food Ingredients Market is Prospering Owing to the Rising Health Concerns among consumers globally!

The global Functional Food Ingredients Market is expected to exceed the market valuation of more than US$ 100.98 million by 2027 expanding at a reasonable CAGR of 6.40% during the forecast period (2021-2027). Functional foods ingredients offer a health benefit beyond basic nutrition for the improvement of outer or inner health.

The increasing prevalence of chronic diseases is augmenting the consumer shift towards healthier food alternatives. In addition, the Rising consumer interest, and high awareness of immunity-enhancing properties of proper diet and food habits, are some of the key factors fueling the growth of the global functional food ingredients market. Moreover, the increase in functional food ingredient product sales is burgeoning the growth of the functional food ingredients market.

For a detailed analysis of the market drivers in Functional Food Ingredients browse through – https://univdatos.com/report/functional-food-ingredients-market/

Based on Type, the market is fragmented into Probiotics, Proteins & amino acids, Phytochemicals & plant extracts, Prebiotics, Fibers & specialty carbohydrates, Omega-3 fatty acids, Carotenoids, Vitamins, and Minerals. The protein & amino acids segment garners a significant share of the functional food ingredient market in 2020. The functional food ingredients such as prebiotics, omega-3 fatty acids, proteins, minerals, fibers, and phytochemicals are mainly derived from plant sources. Plant-based proteins are a major source of protein for vegetarians and vegans.

Based on Health Benefits, the market is segmented into Gut health, Cardiovascular health, Bone health, Immunity, Nutritive health, Weight management, and Other health benefits. The Nutritive Health segment garners a significant share of the functional food ingredient market in 2020. The increasing awareness among the population concerning the health benefits of probiotics and prebiotics is intensifying the segment growth. Moreover, the rising demand for dietary supplements and rising disposable income are further generating lucrative functional food ingredients market growth opportunities.

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For a better understanding of the market adoption of Functional Food Ingredients, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America will dominate the Functional Food Ingredients market on account of the increase in demand for high-priced fortified nutritional food & beverage products in the region. The application of food ingredients is estimated to increase at a faster pace in the region due to its demand among consumers. In addition, the changing customers’ lifestyles are also propelling the growth of the functional food industry in the North American region. Some of the major players operating in the market include Amway, Archer Daniels Midland Company, Arla Foods, BASF SE, Cargill Inc, DSM NV, General Mills Inc, Herbalife, Ingredion Incorporated, and Kerry Group PLC. Several M&As along with partnerships have been undertaken by these players to boost their presence in different regions.

Global Functional Food Ingredients Market Segmentation

Market Insight, by Type

  • Probiotics
  • Proteins & amino acids
  • Phytochemicals & plant extracts
  • Prebiotics
  • Fibers & specialty carbohydrates
  • Omega-3 fatty acids
  • Carotenoids
  • Vitamins
  • Minerals

Market Insight, by Health Benefits

  • Gut health
  • Cardiovascular health
  • Bone health
  • Immunity
  • Nutritive health
  • Weight management
  • Other health benefits

Market Insight, by Application

  • Food
  • Beverages

Market Insight, by Source

  • Natural
    • Animal
    • Microbial
    • Plant
  • Synthetic

Market Insight, by Region

  • North America
    • United States
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Rest of World

Top Company Profiles

  • Amway
  • Archer Daniels Midland Company
  • Arla Foods
  • Cargill Inc.
  • DSM NV
  • General Mills Inc.
  • Herbalife
  • Ingredion Incorporated
  • Kerry Group PLC

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