Functional Foods & Beverages Market Research Reports & Industry Analysis
A functional food has to do more than the basic function of supplying nutrients. The basic category of functional foods includes processed food or foods fortified with additives, like "vitamin-enriched" products. Fermented foods with live cultures are considered functional foods with probiotic benefits.
Health-conscious consumers have supplied the demand to make functional foods an emerging field in food science. Yet, as consumers seek healthy choices, they are often skeptical about the benefits claimed by the companies developing new functional foods and beverages. The fact is the benefits are simply difficult to detect.
The industry suggests the establishment of a health claim regulating agency, which may increase consumer confidence. However, strict examination of some of the functional food claims may discourage some companies from launching their products.
The burgeoning industry was also impacted by poor global economic outlook. Many companies were forced to reposition themselves in response to the global economic downturn by lowering prices, eliminating divisions and rebranding products. Others grew by targeting products that consumers believe make an impact on their health. Product functionality is the most important consumer decision factor, generally outweighing cost sensitivity.
Consumer surveys on a wide range of functional food areas -- such as heart, digestive, immunity, cognitive, joint and bone health -- find that shoppers have high levels of interest, but much lower levels of actual purchase behavior.
Cognitive-health products are one example, as more than two-thirds of Americans say they are interested in products that increase concentration, but less than one in five actually buy such products. Narrowing this gap is crucial for the industry to turn functional foods and drinks from a novelty into a steady growing business in the long term.
Functional Foods & Beverages Industry Research & Market Reports
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Polyphenols
... 7.2% over the analysis period 2024-2030. Functional Beverages, one of the segments analyzed in the report, is expected to record a 8.2% CAGR and reach US$855.9 Million by the end of the analysis period. Growth ... Read More
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Paleo Foods
... CAGR of 5.2% over the analysis period 2024-2030. Supermarkets / Hypermarkets, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$8.2 Billion by the end of the ... Read More
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Microalgae
... 5.9% over the analysis period 2024-2030. Food / Feed, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$498.9 Million by the end of the analysis period. ... Read More
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Lutein
... 5.1% over the analysis period 2024-2030. Natural, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$419.4 Million by the end of the analysis period. Growth in ... Read More
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Flavonoids
... 3.4% over the analysis period 2024-2030. Isoflavones, one of the segments analyzed in the report, is expected to record a 3.9% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in ... Read More
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Chlorella Ingredients
... CAGR of 5.9% over the analysis period 2024-2030. Food & Beverage, one of the segments analyzed in the report, is expected to record a 5.2% CAGR and reach US$138.0 Million by the end of the ... Read More
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Food Fortifying Agents Market Size, Share, and Outlook, 2025 Report- By Type (Minerals, Vitamins, Lipids, Carbohydrates, Proteins and amino acids, Prebiotics, Others), Process (Commercial and industrial fortification, Bio-fortification, Home fortification), Application (Cereals and cereal-based Products, Dairy and dairy-based Products, Fats and oils, Beverages, Others), and Companies, 2021-2032
... Food Fortifying Agents market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain. The comprehensive market research report presents 12-year historic and ... Read More
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Functional Foods and Drinks
... 2030, growing at a CAGR of 7.4% over the analysis period 2024-2030. Beverages, one of the segments analyzed in the report, is expected to record a 8.2% CAGR and reach US$180.3 Billion by the end ... Read More
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Human Milk Oligosaccharides (HMO)
... 2030, growing at a CAGR of 13.4% over the analysis period 2024-2030. Infant Formula, one of the segments analyzed in the report, is expected to record a 13.0% CAGR and reach US$444.0 Million by the ... Read More
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Functional Proteins
... CAGR of 3.8% over the analysis period 2024-2030. Whey Protein Isolates, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$1.9 Billion by the end of the ... Read More
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Spirulina Extracts
... CAGR of 9.4% over the analysis period 2024-2030. Arthrospira Platensis, one of the segments analyzed in the report, is expected to record a 10.0% CAGR and reach US$762.8 Million by the end of the analysis ... Read More
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Artificial Intelligence in Food & Beverages
... reach US$85.7 Billion by 2030, growing at a CAGR of 37.5% over the analysis period 2024-2030. Cloud-based Deployment, one of the segments analyzed in the report, is expected to record a 41.2% CAGR and reach ... Read More
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Probiotics Dietary Supplements
... at a CAGR of 5.8% over the analysis period 2024-2030. Capsules, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$4.2 Billion by the end of the ... Read More
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Algal Oils
... CAGR of 12.4% over the analysis period 2024-2030. Food & Beverage, one of the segments analyzed in the report, is expected to record a 14.7% CAGR and reach US$775.5 Million by the end of the ... Read More
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Wheatgrass Products
... CAGR of 3.8% over the analysis period 2024-2030. Wheatgrass Powder, one of the segments analyzed in the report, is expected to record a 3.3% CAGR and reach US$124.7 Million by the end of the analysis ... Read More
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Bioactive Ingredients
... CAGR of 6.0% over the analysis period 2024-2030. Fibers & Specialty Carbohydrates, one of the segments analyzed in the report, is expected to record a 6.5% CAGR and reach US$26.9 Billion by the end of ... Read More
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Beta-Glucan
... 7.8% over the analysis period 2024-2030. Cereal, one of the segments analyzed in the report, is expected to record a 7.9% CAGR and reach US$474.5 Million by the end of the analysis period. Growth in ... Read More
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Probiotics
... 5.4% over the analysis period 2024-2030. Bacteria, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach US$70.8 Billion by the end of the analysis period. Growth in ... Read More
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Transcriptomics Technologies
... CAGR of 7.2% over the analysis period 2024-2030. Consumables, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$4.7 Billion by the end of the analysis period. ... Read More
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Chlorella
... 5.7% over the analysis period 2024-2030. Chlorella Vulgaris, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$138.8 Million by the end of the analysis period. Growth ... Read More
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Vitamin Fortified and Mineral Enriched Food & Beverage
... 2024, is expected to reach US$123.0 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2024-2030. Foods, one of the segments analyzed in the report, is expected to record a 6.9% ... Read More
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Ready-to-use Therapeutic Food
... at a CAGR of 8.0% over the analysis period 2024-2030. Semi Solid Pastes, one of the segments analyzed in the report, is expected to record a 8.0% CAGR and reach US$594.9 Million by the end ... Read More
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Packaged Chia Seeds
... at a CAGR of 5.5% over the analysis period 2024-2030. Black Chia Seeds, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$1.5 Billion by the end ... Read More
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Commercial Seaweeds
... CAGR of 8.4% over the analysis period 2024-2030. Liquid, one of the segments analyzed in the report, is expected to record a 9.0% CAGR and reach US$19.0 Billion by the end of the analysis period. ... Read More
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Relaxation Drink Production in the US - Industry Market Research Report
... is willing to accept such products, despite consumer concerns about ingredients like melatonin. Also, the trend of consumers moving away from consuming traditional sugary carbonated sodas has benefited the industry; consumers now tend to gravitate ... Read More
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