Functional Food Market
Description
Functional Food Market, By Ingredient (Probiotics, Minerals, Proteins & Amino Acids, Prebiotics & Dietary Fibers, Vitamins, Others), By Product (Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products, Fats & Oils, Others), By Application (Sports Nutrition, Weight Management, Clinical Nutrition, Cardio Health, Others) , and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Minimally processed, whole foods as well as fortified or enriched foods are considered functional foods. These include carotenoids, isothiocyanates, dietary fiber, flavonoids, polyols, plant sterols and stanols, probiotics, soy protein, phytoestrogens and vitamins and minerals. For example, carotenoids in oranges and carrots reduce the risk of lung cancer, while the isothiocyanates in cruciferous vegetables, such as broccoli and Brussels sprouts, help to lower cholesterol. The soluble fibers in beans, oats and barley, and the inulin in chicory, are also beneficial because they can ease constipation, irritable bowel syndrome and hemorrhoids. Vitamins and minerals found in dark-green vegetables, nuts and seeds, berries and fish are also important for good health. Most functional foods are nutrient-rich whole foods, including fruits and vegetables, grains and legumes. Nutrient-rich beverages, such as fruit juices and smoothies, can be considered functional foods as well, especially when they are marketed to improve specific health outcomes, such as lowering blood pressure or reducing cholesterol.
Market Dynamics:
The functional food market is characterized by continuous product innovations driven by emerging consumer demands and increasing research and development activities. For instance, manufacturers are creating products that cater to the changing needs of consumers such as functional confectioneries, nutrition bars, and functional drinks to target fitness enthusiasts. Moreover, rising awareness of the importance of maintaining a healthy diet and growing preference for convenience food products is fueling the growth of the functional food market. Manufacturers are offering an array of products in the market to cater to the varied requirements of consumers such as weight management, heart health, digestion support, immune system enhancement, and more.
However, the emergence of several startups in the functional foods space is challenging the growth of major players in the market.
Key features of the study:
This report provides in-depth analysis of the global functional food market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global functional food market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include DANONE, GLANBIA PLC, HEARTHSIDE FOOD SOLUTIONS LLC, MARS, INCORPORATED, MEIJI CO., LTD., NESTLÉ S.A., RAISIO PLC, ROYAL FRIESLANDCAMPINA N.V., SANITARIUM HEALTH FOOD COMPANY, and THE KRAFT HEINZ COMPANY
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global functional food market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global functional food market
Detailed Segmentation:
Global Functional Food Market, By Ingredient
Probiotics
Minerals
Proteins & Amino Acids
Prebiotics & Dietary Fibers
Vitamins
Others
Global Functional Food Market, By Product
Bakery & Cereals
Dairy Products
Meat, Fish & Eggs
Soy Products
Fats & Oils
Others
Global Functional Food Market, By Application
Sports Nutrition
Weight Management
Clinical Nutrition
Cardio Health
Others
Global Functional Food Market, By Region
North America
Europe
Asia Pacific
Rest of World
Company Profiles
DANONE
GLANBIA PLC
HEARTHSIDE FOOD SOLUTIONS LLC
MARS, INCORPORATED
MEIJI CO., LTD.
NESTLÉ S.A.
RAISIO PLC
ROYAL FRIESLANDCAMPINA N.V.
SANITARIUM HEALTH FOOD COMPANY
THE KRAFT HEINZ COMPANY
Table of Contents
145 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Ingredient
- Market Snapshot, By Product
- Market Snapshot, By Application
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Growing demand for functional food
- Easy availability of healthier substitute
- Strong growth of retail sector
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Functional Food Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Functional Food Market , By Ingredient, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Probiotics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Minerals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Proteins & Amino Acids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Prebiotics & Dietary Fibers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Vitamins
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 6. Global Functional Food Market , By Product, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Bakery & Cereals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Dairy Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Meat, Fish & Eggs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Soy Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Fats & Oils
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- 7. Global Functional Food Market , By Application, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018– 2030
- Segment Trends
- Sports Nutrition
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Weight Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Clinical Nutrition
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Cardio Health
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- 8. Global Functional Food Market , By Region, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Ingredient, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Ingredient, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Ingredient, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- Rest of World
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Ingredient, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
- 9. Competitive Landscape
- DANONE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- GLANBIA PLC
- HEARTHSIDE FOOD SOLUTIONS LLC
- MARS, INCORPORATED
- MEIJI CO., LTD.
- RAISIO PLC
- ROYAL FRIESLANDCAMPINA N.V.
- SANITARIUM HEALTH FOOD COMPANY
- THE KRAFT HEINZ COMPANY
- Analyst Views
- 10. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Global Functional Food Market” - Global forecast to 2030
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