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Global Functional Food Ingredients Industry Market Dynamics & Strategic Insights 2021-2030

Published : Feb 2021

Report ID: FMO8486

Pages : 250

Format :

The functional ingredient is a bioactive compound used in the production of functional food products. These bioactive compounds can be obtained from a variety of sources such as marine sources, microorganisms, primary producers, and inorganic raw materials. Functional food ingredients are consumed for diet and cover biologically active compounds. These functional food ingredients improve health and decrease the risk of diseases. Functional food ingredients contain vitamins, antioxidants, minerals, dietary fiber, and probiotics.
Global Functional Food Ingredients Маrkеt іѕ ѕеgmеntеd on the bаѕіѕ оf Type (Probiotics, Prebiotics, Proteins, and Amino Acids, Phytochemical and Plant Extracts, Omega-3 Fatty Acids, Carotenoids, Fibers, and Specialty Carbohydrates, Vitamins, Minerals), Source (Natural and Synthetic Source), Application (Food, Beverages), and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Functional Food Ingredients Market wаѕ vаluеd аt USD 74,356 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 7.2% frоm 2021 tо 2030.
The report on Global Functional Food Ingredients Маrkеt which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Functional Food Ingredients Маrkеt. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Functional Food Ingredients Маrkеt, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Functional Food Ingredients Маrkеt from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Functional Food Ingredients Маrkеt.
Market Dynamics:
Growing awareness regarding health and diet among consumers is projected to drive the global functional food ingredients market during the forecast period. In addition, growing urbanization, changing lifestyles and rising disposable incomes of the people in developing and developed countries are factors anticipated to support the growth of the global functional food ingredients market. The rising number of chronic diseases such as cancer, diabetes, obesity, and heart diseases is expected to fuel the market over the period. Moreover, rising awareness about health among consumers moving towards healthy food contains high-value nutrition than conventional and junk foods is a factor expected to boost the growth of the global functional food ingredients market.
However, comparatively high prices of some functional food ingredients and easy availability of substitutes by local manufacturers is a factor expected to hamper the growth of this market over the forecast period. Stringent rule and regulations, and strict inspection of the food industry is a challenge for the overall growth of the global functional food ingredients market.
Segmental Analysis:
Among the type segments, the probiotics segment is anticipated to register a significant growth rate in the global functional food ingredients market. This is attributed to the growing inclination of consumers to increase the intake of foods with high nutritional content including kimchi, yogurt, fermented soybeans, and a few varieties of cheese.
Among the source segments, the natural segment is accounted for the major revenue share in the global market, due to rising consumer demand for natural ingredients. In addition to this, increasing health benefits related to ingredients sourced from natural sources are driving the overall market of functional food ingredients.
Among the application segments, the food segment is projected to contribute the highest share in terms of revenue in the global market, owing to increasing preference towards a healthier diet that enhances immunity.
Regional Analysis:
North America functional food ingredients market is expected to dominate the global market over the forecast period. Increasing consumer awareness about the anti-cancer and health benefits properties of the functional food ingredients in this region is anticipated to fuel the market. Also, the growing popularity of dietary supplements among consumers is the factor responsible for contributing growth of the market in this region. The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. Increasing demand for functional food ingredients in this region owing to growing awareness about functional food ingredients, growing population, and rising disposable income are factors expected to drive the growth of the global market in this region during the forecast period.
Global Functional Food Ingredients Маrkеt Segmentation:

Segmentation by Type:
• Probiotics
• Proteins & amino acids
• Phytochemical & plant extracts
• Prebiotics
• Fibers & specialty carbohydrates
• Omega-3 fatty acids
• Carotenoids
• Vitamins
• Minerals
Segmentation by Source:
• Natural
o Animal
o Microbial
o Plant
• Synthetic
Segmentation by Application:
• Food
o Dairy Products
o Bakery Products
o Confectionery Products
o Meat and Meat Products
o Infant Food
• Beverages
o Energy Drinks
o Juices
o Health Drinks
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Playes:
DuPont de Nemours, Inc.
Archer Daniels Midland Company
Cargill, Incorporated
BASF SE
Royal Ingredients Group
Kerry Group
Tate & Lyle PLC
Ingredion Incorporated
Tereos S.A
Meelunie B.V.
Roquette Frères S.A.
Euroduna Food Ingredients GmbH
Blattmann Schweiz AG
BENEO GmbH
A&B Ingredients

Scope:

Report Data Market
Forecast 2022 XX million/billion (2022-2032)
CAGR 2022 - 2032%
Analysis Period2022 - 2032
Base Year2021
Forecast Data2022 - 2032
Segments CoveredBy Type, By Application, And by Regions
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled.
Key Segments

By Type

By Applications

Report CoverageMarket Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Frequently Asked Questions

What is the future market value of the ?

The current market value for is expected USD XX million/billion by 2022.

What is the CAGR of the Market?

The is to grow at a CAGR of 5.3% during the forecast by 2032.

What is the Market segment?

On the basis of type, the is segmented into Types.

Who are the key players operating in the ?

The major players operating in the are Company.

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Published Date : Feb 2021 | Formats :

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