openPR Logo
Press release

Functional Foods Market to hit US$ 418,439.42 million, Globally, by 2028 at 8.7% CAGR: The Insight Partners

06-03-2022 06:44 PM CET | Health & Medicine

Press release from: The Insight Partners

Functional Foods Market

Functional Foods Market

Get a Sample Report "Functional Foods Market" to 2028 @ https://www.theinsightpartners.com/sample/TIPRE00018000/?utm_source=OpenPR&utm_medium=10432

Global "Functional Foods Market" size is likely to grow US$ 418,439.42 million by 2028, from US$ 233,620.18 million In 2021, at a CAGR of 8.7% During 2021-2028. The Insight Partners provides key analysis on the global market in a report, titled "Functional Foods Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Bakery and Confectionery, Dairy and Frozen Desserts, Sweet and Savory Snacks, Breakfast Cereals, and Others), Category (Organic and Conventional), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)" Browse Market data Tables and Figures spread through 150 Pages and in-depth TOC on functional foods Market. In this study, 2021 has been considered as the base year and 2021 to 2028 as the forecast period to estimate the market size for functional foods.

Functional foods are whole, fortified, enriched, or improved foods that give health benefits and essential nutrients (e.g., vitamins and minerals) when consumed in adequate amounts as part of a varied diet regularly. Functional foods have unique health benefits beyond the typical daily intake of nutrients, such as increased bone health, cholesterol management, and improved heart health.

The key players operating in the functional foods market include Unilever; Clif Bar & Company.; Laird Superfood; Abbott; Danone S.A.; GENERAL MILLS, INC.; HILDUR; Nestlé; Kellogg Company; and Good Source Foods, LLC. These players are engaged in developing innovative products to meet the emerging consumer trends. Moreover, they are involved in mergers & acquisitions, business expansion, and partnerships to expand their market share globally.

Asia Pacific held the largest share of the global functional foods market in 2020 and Asia Pacific is expected to grow significantly over the forecast period. An increase in consumer interest and a better understanding of the immunity-boosting properties of appropriate diet and dietary habits are among the primary drivers fueling the expansion of functional foods in the region. Further, fast food intake is causing harmful changes in health conditions and increasing the incidence of chronic diseases such as diabetes and obesity. Consumers are spending more money on nutritional foods to boost their general health as they become more aware of these health issues, increasing the region's functional foods market growth.

Speak to Analyst for more details: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00018000/?utm_source=OpenPR&utm_medium=10432

Impact of COVID-19 Pandemic on Functional Foods Market

The COVID-19 pandemic affected many industries due to nationwide lockdowns, business shutdowns, and supply chain disruptions. There was a mixed impact of the pandemic on the functional foods market. Initially, due to lockdowns and business shutdowns, manufacturers suffered from a shortage of raw materials and labor, which affected their production and supply. However, as people became more health-conscious, they preferred health-boosting products. Functional foods experienced significant demand as they help improve bone health, manage cholesterol levels, and heart health. Moreover, the demand for functional or fortified foods has expanded throughout many regions due to positive and intense marketing by corporations and recommendations from health specialists such as doctors, nutritionists, and others.

Market Insights

Rising Demand for Healthy Snacking

Due to recent changes in consumer behavior, the worldwide snacks market is shifting away from oily-spicy snacks and toward healthier, sugar-free, nutrient-rich, and low-oil variants packaged in small quantities. This is boosting the growth of the functional foods market as these foods are typically high in important nutrients, including vitamins, minerals, healthy fats, and fiber. New-age consumers seek nutritious, on-the-go, and affordable snacking options that suit their daily nutritional demands while appealing to their taste buds. For instance, according to a recent Mondelez survey, over 59% of adults worldwide prefer to consume multiple small meals throughout the day rather than a few larger ones. Consumers are increasingly interested in functional snacks for energy, focus, and relaxation, particularly in the form of bars and meal replacement foods.

Category Insights

Based on category, the functional foods market is segmented into organic and conventional. The conventional segment held a larger market share. The organic segment is projected to grow at a faster CAGR during the forecast period. The increasing demand of consumers for organic functional food has motivated the companies and cultivators to promote organic farming, which is driving the segment. Manufacturers are developing organic functional food to cater to the increasing demand from consumers. For instance, Nature's Path Foods, a US manufacturer of packaged certified organic breakfast cereal, reported stellar growth for its Organic Optimum Power Breakfast Cereal. Thus, increased demand for organic foods due to the rise in health awareness, as well as awareness about the harmful effects of pesticides, is driving the organic functional food segment.

Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods: https://www.theinsightpartners.com/buy/TIPRE00018000/?utm_source=OpenPR&utm_medium=10432

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi

E-mail: sales@theinsightpartners.com

Phone: +1-646-491-9876

About Us:

"The Insight Partners" is a one-stop solution for all the industrial research requirements. We help our clients get quick solutions pertaining to the market scenario and requirements based on our state-of-the-art research methodology.

We excel at providing research-based reports across a wide range of sectors and industries such as Semiconductors & Electronics, Aerospace & Defence, Automotive & Transportation, Biotechnology, Healthcare, IT, Manufacturing & Construction, Medical Device Technology, Media & Telecommunications, and Chemicals and Materials.

We keep our research pattern lucid to understand. Serving the best to our customers is our foremost priority. Our research reports time and again have proved to be worthy of the client's money providing the most suitable data and market analysis.

Our research work precisely focuses on the market performance in terms of market size, competitive plotting, company analysis, regional or country analysis, etc. We deliver the categorically segmented data that provides the know-how of geography, technology, products and services, thereby enabling the clients to better understand their industrial research requirements.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Functional Foods Market to hit US$ 418,439.42 million, Globally, by 2028 at 8.7% CAGR: The Insight Partners here

News-ID: 2644817 • Views:

More Releases from The Insight Partners

Telecom Cloud Market by Demand Analysis, Manufacturers Share, Regions, Risk Analysis, Driving Forces and Application, Forecast to 2031
Telecom Cloud Market by Demand Analysis, Manufacturers Share, Regions, Risk Anal …
The Insight Partners adds "Telecom Cloud Market Forecast to 2031 COVID-19 Impact and Global Analysis" to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. Each trend is independently researched to provide qualitative analysis of its implications. Download Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00003311?utm_source=OpenPR&utm_medium=10881 Key Players Analysis: AT&T Inc. Amazon Web Services Inc Telefonaktiebolaget LM Ericsson Verizon Communications Inc International Business Machines Corp Cisco
Denim Fabrics Market by Demand Analysis, Manufacturers Share, Regions, Risk Analysis, Driving Forces and Application, Forecast to 2031
Denim Fabrics Market by Demand Analysis, Manufacturers Share, Regions, Risk Anal …
The Insight Partners adds "Denim Fabrics Market Forecast to 2031 COVID-19 Impact and Global Analysis" to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. Each trend is independently researched to provide qualitative analysis of its implications. Download Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00018240?utm_source=OpenPR&utm_medium=10881 Key Players Analysis: SANKO Holding Candiani S.p.A. Hyde Park Denim Cone Denim LLC KG DENIM LIMITED Zeva Denim Prosperity Textile T?SA AtlasDenim Arvind Limited The
Split Air Conditioning Market Set for Strong Growth Driven by Energy Efficiency and Smart Home Integration Trends
Split Air Conditioning Market Set for Strong Growth Driven by Energy Efficiency …
New York, US - October 27, 2025 - According to a new report published by The Insight Partners, the Split Air Conditioning Market is projected to witness steady growth from 2025 to 2031, registering a CAGR of XX%. The market size is expected to expand from US$ XX Million in 2024 to US$ XX Million by 2031, fueled by increasing consumer demand for energy-efficient, eco-friendly, and technologically advanced air conditioning
Intelligent Pipeline Pigging Market Projected for 6.3% CAGR Growth During 2025-2031 Forecast Period
Intelligent Pipeline Pigging Market Projected for 6.3% CAGR Growth During 2025-2 …
New York, US - October 27, 2025 - The Intelligent Pipeline Pigging Market is poised for steady expansion, reaching US$ 1,244.2 million by 2031, up from US$ 782.3 million in 2023, registering a CAGR of 6.3% from 2025 to 2031. This strong trajectory highlights the growing importance of advanced pigging solutions that enhance pipeline integrity, operational efficiency, and environmental safety. As global energy and utility networks continue to expand, the demand

All 5 Releases


More Releases for Functional

Key Trends Reshaping the Functional Flour Market: Innovative Functional Flour Re …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations. Functional Flour Market Size Growth Forecast: What to Expect by 2025? In recent years, the functional flour market has observed significant growth. It is projected to increase from $71.22 billion in 2024 to $75.94 billion in 2025, maintaining a compound annual growth rate (CAGR) of 6.6%. Factors such as the use of functional flour
Functional Foods Market Report 2024 - Functional Foods Market Trends, Growth And …
"The Business Research Company recently released a comprehensive report on the Global Functional Foods Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample
Functional Printing Market 2033: Bridging Creativity and Utility - Transforming …
The global Functional Printing Market value is forecasted to increase from US$ 11.4 billion in 2022 to US$ 33 billion by 2032. Overall demand for functional printing will increase at a robust CAGR of 11.2% through 2032. Inkjet printing currently dominates the functional printing industry and the trend will continue through 2032. As per Persistence Market Research, inkjet printing segment will expand at 11.1% CAGR. Growing applications of
Functional Pet Food Market
Functional Pet Food Market Analysis 2022-2029 Functional pet food market size was valued at USD 11,354.44 million in 2021. It is forecasted to reach USD million by the end of 2029, growing at a CAGR of 8.59% during the forecast period 2022-2029. Prebiotics and probiotics, omega-3 fatty acids, nucleotides and enzymes are the foremost functional ingredients in the outcome role in well-being of pet animals. These formulations are proven to offer
Functional Beverage Market Future Business Status and Prospects Functional Bever …
Functional Beverage Market Report 2022: Industry aims to provide an overview of the industry through detailed market segmentation. The report offers thorough information about the overview and scope of the market along with its drivers, restraints, and trends. This report is designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study. Get a Sample PDF of the Report @ https://impeccablemarketresearch.com/enquiry/request-sample-pdf/15696604?utm_source=Openpr&utm_medium=Shubhamko
Global Functional Beverages Market | Global Functional Beverages Industry | Glob …
Major players in the functional beverages market are Danone, Clif Bar & Company, Universal Nutrition, Cloud 9, The Coca-Cola Company, Monster Beverage Corporation, Arla foods, National Beverage Corp, Cloud 9, and Nestle. The Global Functional Beverages Market is expected to decline from USD 128.66 billion in 2019 to USD 125.39 billion in 2020 at a compound annual growth rate (CAGR) of -2.54%. The decline is mainly due to the COVID-19