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Global Functional Food and Nutraceuticals Market 2016-2020

Global Functional Food and Nutraceuticals Market 2016-2020

About Functional Food and Nutraceuticals

The global functional food and nutraceuticals market is divided into the following categories:

  • Functional food
  • Functional beverage
  • Dietary supplement
Functional food

Functional food, as opposed to ordinary food, includes components or ingredients that provide a specific medical or physiological benefit, in addition to the primary nutritional benefits.

Functional beverage

A functional beverage is a non-alcoholic drink made with non-traditional ingredients like herbs, minerals, vitamins, amino acids, or raw fruits or vegetables. It provides specific health benefits such as improving joint mobility, boosting the function of the immune system or heart, increasing energy and satiety, and creating a sense of well-being.

Dietary supplement

Dietary supplements contain dietary ingredients that supplement the diet by adding more nutritional value. Dietary supplements include one or any combination of substances like minerals, amino acids, vitamins, and herbs. Dietary supplements are available in various forms including powders, pills, tablets, liquids, or gel capsules. Dietary supplements are consumed to add nutrients as well as reduce the risk of diseases.

Technavio’s analysts forecast the global functional food and nutraceuticals market to grow at a CAGR of 7.39% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global functional food and nutraceuticals market for 2016-2020. To calculate the market size, the report considers revenue generated from the sale of the following product categories:
  • Functional food
  • Functional beverage
  • Dietary supplement
The market is divided into the following segments based on geography:
  • North America
  • Europe
  • APAC
  • ROW
Technavio's report, Global Functional Food and Nutraceuticals Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BASF
  • Coca-Cola
  • Kellogg
  • Nestlé
  • PepsiCo
Other prominent vendors
  • Abbott Nutrition
  • Amway
  • Bayer HealthCare
  • Bio-Engineered Supplements and Nutrition (BSN)
  • Champion Nutrition
  • Clif Bar
  • Creative Bioscience
  • CytoSport
  • Danone
  • Gaia Herbs
  • Glanbia
  • GNC
  • GSK
  • Herbalife
  • Herb Pharm
  • Himalaya Herbal Healthcare
  • Lovate Health Sciences
  • Nature's Bounty
  • NBTY
  • Nordic Naturals
  • Nutraceutical
  • Nutrisystem
  • Otsuka Holdings
  • PacificHealth Laboratories
  • Pfizer
  • Rainbow Light Nutritional Systems
  • Schiff Nutrition Group
  • Science in Sports
  • Ultimate Nutrition
  • Yakult
Market driver
  • Increase in medical costs
  • For a full, detailed list, view our report
Market challenge
  • Adulteration of products
  • For a full, detailed list, view our report
Market trend
  • Rise in preventive healthcare
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Functional Food and Nutraceuticals Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Functional Food and Nutraceuticals Market: BASF, Coca-Cola, Kellogg, Nestlé, and PepsiCo.

Other Prominent Vendors in the market are: Abbott Nutrition, Amway, Bayer HealthCare, Bio-Engineered Supplements and Nutrition (BSN), Champion Nutrition, Clif Bar, Creative Bioscience, CytoSport, Danone, Gaia Herbs, Glanbia, GNC, GSK, Herbalife, Herb Pharm, Himalaya Herbal Healthcare, Lovate Health Sciences, Nature's Bounty, NBTY, Nordic Naturals, Nutraceutical, Nutrisystem, Otsuka Holdings, PacificHealth Laboratories, Pfizer, Rainbow Light Nutritional Systems, Schiff Nutrition Group, Science in Sports, Ultimate Nutrition, and Yakult.

Commenting on the report, an analyst from Technavio’s team said: “Preventive healthcare is a trend that is expected to fuel market growth during the forecast period. Consumers are becoming more interested in following healthier diets to help with digestive disorders by increasing their intake of functional food and nutraceuticals. Many consumers also consider better digestive health to be a major element in preventive healthcare. These products, therefore, are considered to aid skin health, build immunity, and increase energy levels, enabling general well-being.”

According to the report, the rise in healthcare cost has prompted many consumers to turn to alternative and preventive healthcare practices to minimize the spending on treatments and medications. More and more people are consuming functional food and nutraceuticals, as they provide nutritional and medicinal benefits and prevent diseases.

Further, the report states that adulteration of functional food and nutraceuticals is a major concern for both manufacturers and consumers, which affects the credibility of vendors in the market.

Companies Mentioned

BASF, Coca-Cola, Kellogg, Nestlé, PepsiCo, Abbott Nutrition, Amway, Bayer HealthCare, Bio-Engineered Supplements and Nutrition (BSN), Champion Nutrition, Clif Bar, Creative Bioscience, CytoSport, Danone, Gaia Herbs, Glanbia, GNC, GSK, Herbalife, Herb Pharm, Himalaya Herbal Healthcare, Lovate Health Sciences, Nature's Bounty, NBTY, Nordic Naturals, Nutraceutical, Nutrisystem, Otsuka Holdings, PacificHealth Laboratories, Pfizer, Rainbow Light Nutritional Systems, Schiff Nutrition Group, Science in Sports, Ultimate Nutrition, Yakult.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global functional food and nutraceuticals market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation
    • Global functional food and nutraceuticals market by product
      • Table Global functional food and nutraceuticals market by product 2015-2020 ($ billions)
      • Table Global functional food and nutraceuticals market by product 2015-2020
    • Global functional food and beverage market
      • Table Global functional food and beverage market 2015-2020 ($ billions)
      • Table Global functional food market by product
      • Table Global functional beverage market by product
    • Global dietary supplement market
      • Table Global dietary supplement market 2015-2020 ($ billions)
      • Table Global dietary supplement market by product 2015
      • Table Global dietary supplement market by product 2020
  • Geographical segmentation
    • Global functional food and nutraceuticals market by geography
      • Table Global functional food and nutraceuticals market by geography 2015-2020 ($ billions)
      • Table Global functional food and nutraceuticals market by geography 2015-2020
    • Functional food and nutraceuticals market in North America
      • Table Functional food and nutraceuticals market in North America 2015-2020 ($ billions)
    • Functional food and nutraceuticals market in Europe
      • Table Functional food and nutraceuticals market in Europe 2015-2020 ($ billions)
    • Functional food and nutraceuticals market in APAC
      • Table Functional food and nutraceuticals market in APAC 2015-2020 ($ billions)
    • Functional food and nutraceuticals market in ROW
      • Table Functional food and nutraceuticals market in ROW 2015-2020 ($ billions)
  • Market drivers
    • Table Healthcare spending by service in US 2014
    • Table Most used versus credible sources of health and nutrition information
    • Table Global population aged 65 years and above (% of total population) 2006-2014
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Investment opportunity analysis
      • Table Investment potential mapping 2015-2020
  • Key vendor analysis
    • BASF
    • Coca-Cola
    • Kellogg
    • Nestlé
    • PepsiCo
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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