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Functional Food Ingredients Market is anticipated to expand at a CAGR of 5.9%.

07-24-2018 02:08 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Functional Food Ingredients Market is anticipated to expand at

Future Market Insights provides a detailed study on the Asia Pacific functional food ingredients market in a latest report titled, “Functional Food Ingredients Market: Asia Pacific Industry Analysis and Opportunity Assessment, 2016 - 2026”. In terms of value, the Asia Pacific functional food ingredients market is projected to register a healthy CAGR of 5.9% during the forecast period. Future Market Insights offers vital insights on the various factors and trends influencing the growth of this market over a 10-year forecast period.

View complete report:

There is a rising demand for functional/fortified foods and an increasing consumer awareness of health and fitness in the Asia Pacific region, which is expected to boost the demand for functional foods and subsequently drive market growth over the forecast period. Increasing consumption of processed food in developing economies such as India and China and a rising GDP is also likely to drive the demand for functional foods across the region. Some other factors impacting growth of the functional food ingredients market in Asia Pacific include a growing baby boomer population, changing lifestyle patterns, and increasing urbanisation.

Market projections based on segmentation


Market forecast

By Ingredient Type



Prebiotics & Dietary Fibre




Omega 3 Fatty Acids

The demand for probiotic and vitamin ingredients is expected to increase significantly over the forecast period

The probiotics segment is estimated to be valued at US$ 1.23 Bn by 2026, expanding at a CAGR of 6.6% over the forecast period

By Application


Dairy & Dairy Based Products

Infant Food

Bakery & Confectionery

Request for sample report:

The dairy and dairy based products segment is anticipated to be valued at US$ 1.47 Bn by 2026, expanding at a CAGR of 6.4% during the forecast period

The Asia Pacific functional food ingredients market is anticipated to increase 0.6X in terms of value during the forecast period. Valued at US$ 2.71 Bn in 2015, the Asia Pacific functional food ingredients market is estimated to reach US$ 2.85 Bn by the end of 2016, reflecting a Y-o-Y growth rate of 5.4%. The market is expected to be valued at US$ 5.04 Bn by the end of 2026, registering a CAGR of 6.1% over the forecast period. The Asia Pacific functional food ingredients market is estimated to represent an absolute dollar opportunity of US$ 147.0 Mn in 2016 over 2015 and is expected to represent an incremental dollar opportunity of US$ 2.19 Bn during the forecast period. Japan is likely to dominate the Asia Pacific functional food ingredients market, accounting for a revenue share of 35.1% by 2026, while China is projected to register the second-highest CAGR of 6.3% in terms of value over the forecast period.

Key players in the Asia Pacific functional food ingredients market include functional food ingredients suppliers and customers. Asia Pacific functional food ingredients suppliers focused in the report include Sciphar Natural Products Co. Ltd., Marathwada Chemical Industries Pvt. Ltd., NEW ASIA INGREDIENTS PTE LTD, FENCHEM BIOTEK LTD., Arjuna Natural Extracts Ltd., Shandong Yuwang Industrial Co., Ltd., Supreem Pharmaceuticals Mysore Pvt. Ltd., Bio Actives Japan Corporation, Global Specialty Ingredients (M) Sdn. Bhd., and Excellent Health Products Co. Ltd. Functional food ingredients customers profiled in the report include Nestlé S.A., PepsiCo Inc., ConAgra Foods Inc., Kellogg Company, Yakult Honsha Co. Ltd., Danone SA, Meiji Holdings Co. Ltd., The Coca-Cola Co., Tata Global Beverages Ltd., and General Mills, Inc.

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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