Press release
Functional Foods Market will reach 153600 million US$ in 2023
The market for functional food is increasing as consumers prefer balanced diets and food that not only takes care of their appetite but also helps enhance their immunity. This, along with product innovations in terms of flavors and variant offerings, presents significant opportunities for the growth of applications in the functional food ingredients market. Factors that are further fueling consumer interest in functional foods are the rapid advances in science & technology, increase in health care costs, aging, and growth in interest in attaining wellness through diet.
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Global Functional Foods Market: Forecast by Type / Application / Region
Asia Pacific accounted for over 45% of the global market in 2017 and is expected to maintain its lead position over the forecast period. Increasing urbanization and rising geriatric population in countries such as India and China is supposed to aid the regional growth.
The worldwide market for Functional Foods is expected to grow at a CAGR of roughly x% over the next five years, will reach 153600 million US$ in 2023, from 153600 million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Functional Foods in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Nonferrous Metal Recycling Market:Key Players
Unilever
Sanitarium Health＆Wellbeing Company
Royal FrieslandCampina
Red Bull GmbH
Raisio Group
PepsiCo Inc.
Ocean Spray Cranberries Inc.
Nestlé
Murray Goulburn
Meiji Group
Mars Inc.
Kraft Foods Inc.
Kirin Holdings
Kellogg Company
Danone
GlaxoSmithKline Company
Glanbia Plc
General Mills Inc.
Dr Pepper Snapple Group
Dean Foods
Coca-Cola Company
BNL Food Group
Arla Foods
Abbott Laboratories
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Related Information:
United States Functional Foods Market 2018 Forecast to 2023
Europe Functional Foods Market 2018 Forecast to 2023
North America Functional Foods Market 2018 Forecast to 2023
Asia-Pacific Functional Foods Market 2018 Forecast to 2023
China Functional Foods Market 2018 Forecast to 2023
EMEA Functional Foods Market 2018 Forecast to 2023
Global Functional Foods Market 2018 Forecast to 2023
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