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Functional Food Market | Size, Growth, Trends and Analysis 2022-2027

01-16-2023 04:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Functional Food Market

Functional Food Market

IMARC Group's latest research report, titled "Functional Food Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," The global functional food market reached a value of US$ 194.54 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 287.72 Billion by 2027, exhibiting a CAGR of 6.60% during 2022-2027.

Functional foods are enriched with functional nutrients, in addition to the essential nutritional value of the product, to provide multiple health-related benefits. These functional nutrients include amino acids, vitamins, minerals, proteins, fatty acids, and prebiotics. These food products have gained importance in recent years due to the increased awareness among consumers. It positively affects health due to its additional functionality, which adds new or more existing ingredients to the diet. It also provides benefits to the physiological state.

Get Free Sample Copy of Report at - https://www.imarcgroup.com/functional-food-market/requestsample

Functional Food Market Growth and Demand:

The global market is majorly driven by increasing demand for fortified food products. In line with this, significant growth in the food and beverage sector is positively influencing the global market growth. Furthermore, rising consumer interest in healthy food products is catalyzing market growth. Apart from this, the expected increase in life expectancy and the zeal of people to look ageless and young are propelling product uptake.

Moreover, multiple foods and beverage manufacturers deploy fortifying nutritional additives such as omega-3 fatty acids, fibers, vitamins, minerals, and others in their product offerings. Besides, functional ingredients such as omega-3 and probiotics are highly used in fish oils and yogurt to reduce the risk of cardiovascular diseases and improve intestinal microflora quality. This, in turn, is favoring the market growth. Additionally, escalating demand for functional foods due to multiple health objectives, including improving joint health, weight loss, and bone and muscle strength, is providing a boost to the market growth.

Key Players Included in Global Functional Food Market Research Report:

• Abbott Laboratories
• Amway
• BASF SE
• Cargill Incorporated
• Clif Bar & Company
• Danone S.A.
• General Mills inc.
• Glanbia PLC
• Hearthside Food Solutions LLC
• Kellogg Company
• Kerry Group plc
• Nestlé S.A.
• Raisio Oyj.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/functional-food-market

Key Market Segmentation:

Breakup by Product Type:

• Bakery Products
• Breakfast Cereals
• Snack/Functional Bars
• Dairy Products
• Baby Food
• Others

Breakup by Ingredient:

• Probiotics
• Minerals
• Proteins and Amino Acids
• Prebiotics and Dietary Fiber
• Vitamins
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Specialist Retailers
• Convenience Stores
• Online Stores
• Others

Breakup by Application:

• Sports Nutrition
• Weight Management
• Clinical Nutrition
• Cardio Health
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Browse More Research Reports:

https://www.einpresswire.com/article/602638081/medical-lasers-market-to-reach-us-7-01-billion-by-2027-cagr-of-10-80

https://www.einpresswire.com/article/602645532/aviation-fuel-market-2022-worth-us-387-60-by-2027-cagr-of-4-60

https://www.einpresswire.com/article/602648582/food-traceability-market-size-worth-us-29-22-billion-by-2027-cagr-of-9-60

https://www.einpresswire.com/article/602657895/telecom-tower-market-size-worth-5-51-million-units-by-2027-cagr-of-3-50

https://www.einnews.com/pr_news/598901755/warehouse-robotics-market-size-leading-companies-share-industry-trends-growth-rate-demand-and-report-2022-2027

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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