1. Home
  2. Food-and-beverages-market
  3. Functional Food Ingredients Market

Functional Food Ingredients Market

Functional Food Ingredients Market Size, Share & Industry Analysis, By Type (Probiotics and Prebiotics, Vitamins and Minerals, Omega-3 Fatty Acids, Antioxidants, Dietary Fibers), By Application (Bakery and Confectionery, Dairy Products, Beverages, Dietary Supplements, Infant Nutrition), By Source (Plant-based, Animal-based, Microbial-based), By Form (Liquid, Powder, Encapsulated), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031.

Report Code: FOO0015
Report Format: PDF + Excel
Request Sample
Single User $ 4950
Multi User $ 5950
Enterprise $ 7250

Report Description

Functional Food Ingredients Market Overview: 

Practical food fixings are substances added to sustain or improve the healthy benefit of food items, giving explicit medical advantages past essential nourishment. From $88.5 billion in 2023 to $134.6 billion in 2030, the global market for functional food ingredients is anticipated to expand at a CAGR of 7.2%. Consumer demand for healthier food options, rising health awareness, and the prevalence of lifestyle diseases are driving the market's expansion. The fact that functional food ingredients improve digestion, boost immunity, and lower the risk of chronic diseases makes them appealing to consumers who are concerned about their health.

Functional Food Ingredients Market Drivers:

Rising Prevalence of Lifestyle Diseases: Consumer awareness of the significance of maintaining a healthy diet has increased as a result of the rising prevalence of lifestyle diseases such as obesity, diabetes, and cardiovascular conditions. The growth of the market is being driven by the fact that functional food ingredients provide consumers with a convenient means of incorporating healthy compounds and essential nutrients into their daily diets.

Aging Population: The demand for functional food ingredients that support healthy aging and prevent age-related diseases has increased dramatically as the global population ages. Fixings like probiotics, cancer prevention agents, and omega-3 unsaturated fats are especially famous among the older populace.

Functional Food Ingredients Market Restraint:

Stringent Regulatory Framework: The useful food fixings market is dependent upon rigid guidelines and endorsement processes, which can change across various areas. Due to the numerous labeling requirements, safety assessments, and health claim substantiation requirements that manufacturers must adhere to, product launches are pushed back and operational costs are raised.

Functional Food Ingredients Market Trends:

Clean Label Trend: Purchasers are progressively looking for clean name items with normal, insignificantly handled, and effectively conspicuous fixings. Manufacturers are looking into natural and plant-based functional food ingredients like plant proteins, dietary fibers, and botanicals as a result of this trend.

Personalized Nutrition: The development of functional food ingredients that are tailored to specific health requirements, dietary preferences, and genetic profiles has resulted from the growing emphasis on personalized nutrition. In the market, this trend is driving customization and innovation.

Functional Food Ingredients Market Segmentation:

By Type:

Probiotics and Prebiotics

Vitamins and Minerals

Omega-3 Fatty Acids

Antioxidants

Dietary Fibers

By Application:

Bakery and Confectionery

Dairy Products

Beverages

Dietary Supplements

Infant Nutrition

By Source:

Plant-based

Animal-based

Microbial-based

By Form:

Liquid

Powder

Encapsulated

By Region:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Functional Food Ingredients Market Geographical Insights:

Fastest-Growing Region: The functional food ingredients market is expected to expand the fastest in Asia-Pacific. Rising disposable incomes, heightened health awareness, and the presence of a large consumer base seeking food products that are both nutritious and useful are all driving growth in this region.

Largest Region: The functional food ingredients market is currently dominated by North America. Market dominance is a result of the region's established dietary supplement industry, high consumer spending power, and growing interest in preventive healthcare.

Functional Food Ingredients Market Competitive Analysis: There are a lot of competitors in the global and regional market for functional food ingredients. Product innovation, strategic partnerships, mergers and acquisitions, and extensive R&D are key strategies utilized by leading businesses. To stay ahead of the competition, businesses are concentrating on developing clean label, natural, and sustainable functional food ingredients.

Functional Food Ingredients Market Key Players: 

The key players in the functional food ingredients market include BASF SE, Cargill Incorporated, ADM, DuPont de Nemours Inc., Koninklijke DSM N.V., Kerry Group plc, Ingredion Incorporated, Tate & Lyle PLC, Arla Foods Ingredients Group P/S, Glanbia plc, Roquette Frères, Royal FrieslandCampina N.V., Chr. Hansen Holding A/S, Kemin Industries Inc., and Beneo GmbH. 

Table of Content

Toc:

  1. Methodology and Scope

    1. Research Methodology

    2. Research Objective and Scope of the Report

  2. Definition and Overview

  3. Executive Summary

    1. Snippet By Product Type

    2. Snippet By Application

    3. Snippet By Source

    4. Snippet By Form

    5. Snippet By Region

  4. Market Dynamics

    1. Impacting Factors

      1. Drivers

        1. Rising Prevalence of Lifestyle Diseases

        2. Aging Population

      2. Restraints

        1. Stringent Regulatory Framework

    2. Opportunity

    3. Impact Analysis

  5. Industry Analysis

    1. Porter's Five Force Analysis

    2. Supply Chain Analysis

    3. Pricing Analysis

    4. Regulatory Analysis

  6. By Product Type

    1. Introduction

    2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type

    1. Probiotics and Prebiotics*

      1. Introduction

      2. Market Size Analysis and Y-o-Y Growth Analysis (%)

    2. Vitamins and Minerals

    3. Omega-3 Fatty Acids

    4. Antioxidants

    5. Dietary Fibers

  7. By Application

    1. Introduction

    2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application

    1. Bakery and Confectionery*

      1. Introduction

      2. Market Size Analysis and Y-o-Y Growth Analysis (%)

    2. Dairy Products

    3. Beverages

    4. Dietary Supplements

    5. Infant Nutrition

  8. By Source

    1. Introduction

    2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source

    1. Plant-based*

      1. Introduction

      2. Market Size Analysis and Y-o-Y Growth Analysis (%)

    2. Animal-based

    3. Microbial-based

  9. By Form

    1. Introduction

    2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form

    1. Liquid*

      1. Introduction

      2. Market Size Analysis and Y-o-Y Growth Analysis (%)

    2. Powder

    3. Encapsulated

  10. By Region

    1. Introduction

    2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region

    1. North America

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type

      4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application

      5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source

      6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form

      7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country

        1. U.S.

        2. Canada

        3. Mexico

    2. Europe

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type

      4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application

      5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source

      6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form

      7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country

        1. Germany

        2. UK

        3. France

        4. Italy

        5. Russia

        6. Rest of Europe

    3. South America

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type

      4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application

      5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source

      6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form

      7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country

        1. Brazil

        2. Argentina

        3. Rest of South America

    4. Asia-Pacific

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type

      4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application

      5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source

      6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form

      7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country

        1. China

        2. India

        3. Japan

        4. Australia

        5. Rest of Asia-Pacific

    5. Middle East and Africa

    6. Introduction

    7. Key Region-Specific Dynamics

    8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type

    9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application

    10. Market Size Analysis and Y-o-Y Growth Analysis (%), By Source

    11. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form

  11. Competitive Landscape

    1. Competitive Scenario

    2. Market Positioning/Share Analysis

    3. Mergers and Acquisitions Analysis

  12. Company Profiles

    1. BASF SE

      1. Company Overview

      2. Product Portfolio and Description

      3. Financial Overview

      4. Key Developments

    2. Cargill Incorporated

    3. ADM

    4. DuPont de Nemours Inc.

    5. Koninklijke DSM N.V.

    6. Kerry Group plc

    7. Ingredion Incorporated

    8. Tate & Lyle PLC

    9. Arla Foods Ingredients Group P/S

    10. Glanbia plc

    11. Roquette Frères

    12. Royal FrieslandCampina N.V.

    13. Chr. Hansen Holding A/S

    14. Kemin Industries Inc.

    15. Beneo GmbH (LIST NOT EXHAUSTIVE)

  13. Appendix

    1. About Us and Services

    2. Contact Us

Tables and Figures