Functional Food Ingredients Market by Type, Health Benefits and Application. Key Players are Tate & Lyle PLC, Associated British Food, du Pont, Cargill and Koninklijke DSM N.V.

Functional food ingredients are the ingredients which provide specific properties to the food such as taste, texture and flowability. They are generally considered as fortified, and enhanced food which delivers numerous health benefits when consumed at a regular basis. The functional ingredients are produced in various ways such as chemical or enzymatic hydrolysis, pressing, emulsification, and heat treatment.

Growing awareness among the people regarding the health benefits of the functional food ingredients is anticipated to drive the growth of the functional food ingredients market. The rising health consciousness and change in lifestyle and dietary habits are anticipated to enhance the growth of the functional food ingredients. Increase in the research and development activities are adding a scope for the launch of a new product which is likely to provide an opportunity to the manufacturer in the market expansion. However, the stringent government regulations for food safety are hampering the growth of the functional food ingredients market.

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The functional food ingredients market is divided into following categories-

1. Type
• Minerals
• Probiotics
• Vitamins
• Prebiotics
• Essential Oils
• Carotenoids
• Hydrocolloids
• Omega-3 & 6 Fatty Acids
• Others

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2. Health benefits
• Clinical Nutrition
• Cardio Health
• Sports Nutrition
• Immunity
• Digestive Health
• Others

3. Application
• Sports/Nutrition Bars
• Convenience Beverage
• Baby Food
• Meat Alternatives
• Functional food ingredients
• Others

Functional food ingredients Market Geographical segmentation

on the basis of the geographical regions, the global functional food ingredients market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

North America functional food ingredients market is the largest market when compared with that of the other regional markets. Owing to its intense economic growth, the North America functional food ingredients market to keep the top spot in the global functional food ingredients market.

Europe is another thriving market. Europe functional food ingredients market holds the second largest share in the global market. The Asia Pacific functional food ingredients market is expected to grow exponentially over the forecast period owing to its emerging economies such as China and India, which are of high-growth markets for the players.

Functional food ingredients Market Leaders

Some of the key players in the global functional food ingredients market include Tate & Lyle PLC (U.K), Associated British Food plc (U.K), Cargill, Incorporated (U.S.), Koninklijke DSM N.V. (The Netherlands), and Associated British Food plc (U.K.).
Some of the notable market developments include Apotex had launched Oviit in 2019, a new range of vitamins and minerals.

Key Questions Answered

• What is the current and future functional food ingredients market outlook worldwide? What trends are affecting the global market?

• What is the competitive landscape and market share of major players in the functional food ingredients globally?

• What are the key, high growth markets that functional food ingredients manufacturers should expand into? Which market segments are growing the fastest?

• What are the unmet needs with the functional food ingredients currently on the market? How will emerging technologies fulfil these unmet needs?

• What is physician perception and market outlook of functional food ingredients?

• What are the challenges and barriers that have hindered widespread adoption of functional food ingredients?

Reasons to buy functional food ingredients market Report:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering

• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail

• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses

• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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