Functional Food Ingredients Market Insights Shared In Detailed Report 2021, Forecasts to 2026

The Functional Food Ingredients Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

“The global functional food ingredient market is expected to grow from $84.74 billion in 2020 to $93.09 billion in 2021 at a compound annual growth rate (CAGR) of 9.9%. The market is expected to reach $125.65 billion in 2025 at a CAGR of 7.8%.”

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Top Leading Companies of Functional Food Ingredients Market are - Cargill, BASF, Archer Daniels Midland, DuPont Nutrition & Biosciences, Arla Foods, Kerry Group, Ajinomoto, DSM, Ingredion Incorporated, Tate & Lyle, Roquette Fr-res, Nestle, Fuerst Day Lawson, Ashland, A&B Ingredients, Royal Cosun. and others.

Industry News and Updates:

In July 2021, Kerry Group, an Irish-based food company announced that it is acquiring Biosearch Life for a $150 million deal amount. Through this acquisition, Kerry Group can expand its healthy ingredient portfolios such as probiotics and omega-3. The expansion of a healthy ingredient portfolio can boost its capabilities within functional foods and proactive health ingredients. Biosearch Life, based in Spain, is a biotechnology company that manufactures healthy natural ingredients such as Omega-3, Probiotics, Botanical Extracts.

Market Overview:

The rise in demand for fortified food & beverage products is expected to contribute to the growth of the functional food ingredients market. Fortified foods are functional foods that lack natural nutrients; nutrients are added to them. These foods boost nutrition and provide health advantages. Fortified foods are functional foods without natural nutrients in them, nutrients are added to them, and these foods improve nutrition, add health benefits. Fortified foods & beverage products consumption is increasing due to growing health consciousness in consumers, increasing disease occurrences, increasing consumer’s disposable income. The medicinal properties of these foods in providing healing benefits apart from energy and essential nutrients are motivating consumers to spend more on healthy food products. According to the Kerry Group study, in 2019, 65% of consumers seek functional benefits in their food & beverages, and apple cider vinegar sales as a grown-up by 86% for its digestive and blood sugar managing properties. Therefore, the rise in demand for fortified food & beverage products will drive the functional food ingredients market growth.

The Functional Food Ingredients Market is segmented by Type and Application as follows:

1) By Type: Probiotics And Prebiotics; Carotenoids; Dietary Fibers; Fatty Acids; Vitamins; Minerals; Others

2) By Source: Natural Synthetic

3) By Application: Beverages; Dairy Products; Infant Food; Bakery And Confectionery; Others

Regional Analysis:

North America was the largest region in the functional food ingredients market in 2020. Europe was the second-largest market in the functional food ingredients market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Functional Food Ingredients Market Size & Analysis (2016 - 2030)
- Market Share Analysis of Functional Food Ingredients Market (%),2016 - 2030
- Functional Food Ingredients Market Share, By Brand
- Functional Food Ingredients Market Share, By Company
- Functional Food Ingredients Market Assessment & Opportunity (Value),2016 - 2030
- Major Companies Functional Food Ingredients Market Value Analysis & Forecast
- Promising Functional Food Ingredients Development by Major Companies
- Detailed Functional Food Ingredients Portfolio of the Major Companies
- Major Deals in the Functional Food Ingredients Market
- Major Companies Analysis

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