Functional Food Ingredients Market Trends Analysis, Demand and Forecasts 2029

According to a new study by TMR, the sales of functional food ingredients are expected to exceed 1,900 thousand tons in 2019, and record a Y-o-Y growth of ~ 6% in 2020. Growth of the functional food ingredients market remains driven by a slew of factors, which range from the rising demand for clean label products and changing regulations in the food and beverage industry, to the growing awareness among consumers.

Functional food ingredients are available in various ingredient types such as vitamins, minerals, prebiotic & dietary fiber, probiotics, carotenoids, proteins, and omega-3 fatty acids. Manufacturers of functional food ingredients are customizing these for use in certain specific applications. Manufacturers of functional food ingredients are also providing certifications for certain claims, such as organic, non-GMO, Kosher, Halal, and many more.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=10751

These functional food ingredients are used in certain applications in the food and beverage industry. In the food industry, functional food ingredients are in high demand in dairy, bakery, and confectionery products. Prebiotic ingredients are mainly used in dairy products, and this is very popular in the Asia Pacific region especially in countries such as China, Japan, India, etc.

𝐄𝐬𝐜𝐚𝐥𝐚𝐭𝐞𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐇𝐞𝐚𝐥𝐭𝐡𝐲 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐅𝐨𝐨𝐝 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭 𝐒𝐚𝐥𝐞𝐬

Increasing demand for healthy beverages across the globe is expected to create opportunities for players in the global functional food ingredients market. Rising health conscious consumers have increased the demand for nutritional bars and beverages, thus increasing the sales of functional food ingredients. Players operating in the functional food ingredients market are expected to leverage this opportunity during the forecast period.

Due to European diets being high in fiber content, the perceived need for dietary fiber as a functional food ingredient is low. However, other types of functional food ingredients such as proteins, prebiotics, omega-3 fatty acids, etc., are high in demand. Products targeting specific ailments are expected to increase in terms of new product launches. Some key players have already put forward their products into specific wellness segments, such as diabetes-friendly, digestion enhancement, cognitive enhancement, and others. This has also increased the demand of functional food ingredients.

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=10751

𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐚𝐢𝐧𝐢𝐧𝐠 𝐓𝐫𝐚𝐜𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 𝐒𝐧𝐚𝐜𝐤𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐓𝐫𝐞𝐧𝐝

The consumption of protein-rich foods is trending among consumers. At the same time, health conscious consumers have reduced the consumption of products that are high in carbs and sweeteners, and food that has high fat content. Thus, high fiber and high protein food consumption has increased, thereby increasing the demand of functional food ingredients from the food industry.

The snackification trend is increasing, and the consumption of healthy products is increasing too. This has seen heightened product launches in the market, and food product manufacturers switching to functional food ingredients rather than economical products that are not good for health. Functional food ingredients are available in specific ingredient types and in mixes. The protein trend is commonly being observed in developed regions such as North America, Europe, and Japan. This is increasing the demand for functional food ingredients in these regions.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=10751

𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐅𝐨𝐨𝐝 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Some of the key players in the global functional food ingredients market are The Archer Daniels Midland Company, BASF SE, Cargill, Inc., E. I. Du Pont De Nemours and Company, Kerry Group Plc, Corbion N.V., Tate & Lyle Plc, AkzoNobel N.V., Koninklijke DSM N.V., Ingredion Inc., Fenchem Biotek Ltd., Jungbunzlauer Suisse AG, Dairy Crest Group Plc, etc.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

Animal Feed Additives Market- https://www.accesswire.com/712623/Animal-Feed-Additives-Market-Size-to-be-worth-US-6623-Bn-by-2031-TMR-Study

Nutrition Bars Market - https://www.prnewswire.com/news-releases/nutrition-bars-market-to-reach-us-1-8-bn-by-2030-tmr-study-301641492.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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