Global Functional Foods Market Share, CAGR Growth, Segments, Competitive Trends, Challenges And Opportunities Forecast To 2032 - Unilever, BNL Food Group, Dean Foods

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the functional food market report by The Business Research Company, the increasing number of diseases is shifting consumers' focus to healthy eating, which in turn is projected to boost the demand for functional foods. Functional food provides the human body with healthy nutrition, vitamins and minerals, and reduces the risk of diseases. According to the Centre for Disease Control and Prevention, heart disease is a leading cause of death in the USA, and about 6,47,000 Americans die from heart disease every year, which is one out of every four deaths.

The global functional foods market size will grow from $203.64 billion in 2022 to $229.7 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. The global functional foods market size is expected to grow from $354.96 billion in 2027 at a CAGR of 11.5%.

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https://www.thebusinessresearchcompany.com/report/functional-foods-global-market-report

Major competitors in the functional food market include Unilever, BNL Food Group, Dean Foods, The Coca-Cola Company, Arla Foods, Abbott Laboratories, PepsiCo Inc., Kraft Foods Inc., and Nestle.

The functional food market is segmented -
• By Product Type: Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products, Fats & Oils, Other Product Types
• By Ingredients: Carotenoids, Dietary Fibers, Fatty Acids, Minerals, Prebiotics & Probiotics, Vitamins, Other Ingerdients
• By Application: Sports Nutrition, Weight Management, Immunity, Digestive Health, Clinical Nutrition, Cardio Health, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the functional food market.

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The functional food market consists of sales of fatty acids, carotenoids, prebiotics & probiotics, vitamins, dietary fibers, minerals, and other functional foods. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The Functional Food Market Include:
1. Executive Summary
2. Functional Food Market Characteristics
3. Functional Food Market Trends And Strategies
4. Functional Food Market - Macro Economic Scenario
5. Functional Food Market Size And Growth
6. Functional Food Market Segmentation
…………
27. Functional Food Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Functional Food Market
29. Functional Food Market Future Outlook And Potential Analysis
30. Appendix

The "Global Functional Food Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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