Functional Food Ingredients Market - Global Industry Analysis

Functional Food Ingredients Market

Functional Food Ingredients Market By Type (Prebiotics, Probiotics, Proteins & Amino Acids, Phytochemical & Plant Extracts, Minerals, Carotenoids, Vitamins, Omega-3 Fatty Acids, and Fibers & Specialty Carbohydrates), By Source (Natural Source (Animal, Microbial, and Plant) and Synthetic Source), and By Application (Food (Bakery Products, Dairy Products, Confectionery Products, Meat & Meat Products, and Infant Food) and Beverages (Health Drinks, Juices, and Energy Drinks): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025

Published Date: 25-Jan-2019 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-962 Status : Published

Global functional food ingredients market expected to reach approximately USD 99,975 million by 2025, at a CAGR of around 6.74% between 2019 and 2025. The increased consumption of functional foods and beverages with changing consumer behavior is estimated to propel the functional food ingredients market growth in the upcoming years.

Functional Food Ingredients Market

Description

The report covers a forecast and an analysis of the functional food ingredients market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the functional food ingredients market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and threats to functional food ingredients market on a global level. 

To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the functional food ingredients market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Functional Food Ingredients Market

The study provides a decisive view of the functional food ingredients market by segmenting the market based on type, source, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. By type, the market is segmented into prebiotics, probiotics, proteins and amino acids, phytochemicals, and plant extracts, minerals, carotenoids, vitamins, omega-3 fatty acids, and fibers and specialty carbohydrates. By source, the global functional food ingredients market is segmented into natural and synthetic. The natural segment is further segmented as plant, microbial, and animal. By application, the functional food ingredients market is segmented into food and beverages. Food segment is further classified into bakery products, dairy products, confectionery products, meat and meat products, and infant food. Beverage segment is further classified into energy drinks, health drinks, and juices.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further segmentation into major countries including the U.S., Germany, France, UK, China, Japan, India, and Brazil.

Some major players of the global functional food ingredients market are Cargill, Archer Daniels Midland Company, Koninklijke DSM N.V., Dow Du Pont, BASF SE, Arla Foods, Royal Cosun, Ingredion Incorporated, Arla Foods, Tate & Lyle, Ajinomoto, Kerry Group, BENEO, Chr. Hansen, Kemin Industries, and Roquette Frères.

This report segments the global functional food ingredients market into:

Global Functional Food Ingredients Market: Type Analysis

  • Probiotics
  • Proteins and Amino Acids
  • Phytochemical and Plant Extracts
  • Prebiotics
  • Fibers and Specialty Carbohydrates
  • Omega-3 Fatty Acids 
  • Carotenoids 
  • Vitamins 
  • Minerals

Global Functional Food Ingredients Market: Source Analysis

  • Natural
    • Animal
    • Microbial
    • Plant
  • Synthetic

Global Functional Food Ingredients Market: Application Analysis

  • Food
    • Dairy Products
    • Bakery Products
    • Confectionery Products
    • Meat and Meat Products 
    • Infant Food
  • Beverages
    • Energy Drinks
    • Juices
    • Health Drinks

Global Functional Food Ingredients Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

Free Analysis

Functional food ingredients are used in functional foods that offer more than just basic nutrition. These functional foods include supplements and beverages, among other related food products. These ingredients could be natural or synthetic in nature. There are several potential benefits offered by functional food ingredients. These ingredients play an important role in improving health and reducing the risk of various diseases, such as acute and chronic diseases.

The growing trend of consuming healthy and nutritional diet coupled with rising awareness about health among the global population is estimated to boost the growth of the functional food ingredients market within the forecast time period. Additionally, the growing incorporation of protein-rich diet and increasing consumption of functional foods in developed economies are predicted to further propel the functional food ingredients market growth in the future. The increasing awareness regarding several health benefits offered by functional food ingredients, especially in weight and fitness management, is also predicted to drive the development of this global market in the future.

Global Functional Food Ingredients Market

By type, the market is segmented into prebiotics, probiotics, proteins and amino acids, phytochemicals, and plant extracts, minerals, carotenoids, vitamins, omega-3 fatty acids, and fibers and specialty carbohydrates. Probiotics are widely used in various applications, such as dairy and confectionery industry, owing to the rising access to probiotic products and the availability of a varied range of brands. The increasing incorporation of protein-rich and healthy breakfast to overcome certain lifestyle-related diseases is anticipated to boost the demand for amino acids and proteins in the upcoming years. By source, the global functional food ingredients market is segmented into natural and synthetic. The natural segment is further segmented as plant, microbial, and animal. The natural sources segment is estimated to hold a major share over the forecast time period, owing to high consumer preference for nature-based food products. By application, the functional food ingredients market is segmented into food and beverages. Food segment is further classified into bakery products, dairy products, confectionery products, meat and meat products, and infant food. Beverage segment is further classified into energy drinks, health drinks, and juices.

By region, the global market is classified into North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. North America is likely to exhibit potential growth opportunities for functional food ingredients market and hold a major share over the forecast time period. The Asia Pacific functional food ingredients market is projected to hold a noticeable revenue share in the future, particularly the emerging economies of China and India. The growing acceptance of probiotic-based beverages and related food products is predicted to drive the functional food ingredients market in Latin America. Malnutrition and related health concerns among the African population and rise in the launch of innovative products is predicted to propel the growth of the functional food ingredients market in the Middle Eastern and African region.

Some major players of the global functional food ingredients market are Cargill, Archer Daniels Midland Company, Koninklijke DSM N.V., Dow Du Pont, BASF SE, Arla Foods, Royal Cosun, Ingredion Incorporated, Arla Foods, Tate & Lyle, Ajinomoto, Kerry Group, BENEO, Chr. Hansen, Kemin Industries, and Roquette Frères.

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