Press release
Functional Food Market Size to Double by 2030, Surpassing USD 666.70 Billion at 10.1 percentage CAGR
The ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 339.95 Bn in 2023 and is expected to reach USD 666.70 Bn by 2030, at a CAGR of 10.1%.๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The functional food market has been expanding steadily due to rising consumer awareness regarding health and wellness. Functional foods are known for their additional health benefits beyond basic nutrition, often containing added nutrients or components that enhance overall well-being. These products play a significant role in reducing the risk of chronic diseases by providing essential nutrients, and their popularity is largely driven by the increasing demand for healthy food options that promote physiological health.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/101443/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ:
The increasing awareness regarding health issues and nutritional deficiencies is one of the main drivers for the functional food market. Consumers are now more concerned about their dietary intake, seeking products that not only satiate hunger but also provide functional health benefits. The growing interest in preventive healthcare has resulted in a surge in demand for functional food products that support aging well and maintain physical health, especially as the global population ages and healthcare spending increases.
Furthermore, advancements in scientific research have enabled the formulation of fortified food products that enhance specific health benefits, such as boosting immunity, improving digestion, and supporting cardiovascular health. The increase in disposable income across many regions has also contributed to consumers prioritizing health-related products, driving growth in this market.
๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
A notable trend in the functional food market is the growing demand for naturally healthy ingredients, with consumers increasingly favoring natural products over synthetic ones. Natural carotenoids and dietary fibers have gained popularity due to their high nutritional quality and fewer side effects. Manufacturers are responding by developing new methods for producing natural functional ingredients that meet consumer demand for clean-label and minimally processed products.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ :https://www.maximizemarketresearch.com/inquiry-before-buying/101443/
๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
One of the major opportunities in the functional food market is the rising demand for natural carotenoids, which are preferred for their pure and highly nutritious forms compared to their synthetic counterparts. The increasing adoption of these carotenoids in dietary supplements provides significant growth potential, as consumers become more conscious of the quality and origin of their food ingredients. Innovations in carotenoid production methods are also reducing contamination and enhancing the affordability of natural options.
๐๐ก๐๐ญ ๐ข๐ฌ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ?
The Asia Pacific region holds a dominant share in the global functional food market, primarily due to its growing population and rising consumer awareness of health and wellness. Increasing disposable income has led to greater consumer spending on health-enhancing food products. E-commerce platforms like Alibaba and Made-in-China have further contributed to the growth of this market by making functional food products more accessible across the region. The presence of a strong food manufacturing industry has also boosted the availability of these products to a wider audience.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.maximizemarketresearch.com/request-sample/101443/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ:
by Ingredients
Carotenoids
Dietary fibers
Fatty acids
Minerals Prebiotics
Probiotics and Vitamins
by Application
Sports nutrition
Weight loss
Immunity
Digestive health
Clinical nutrition
Cardio health
by Product
Meat, Fish and Eggs
Soy Products
Fats & Oils
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. BASF SE
2. Cargill Inc
3. General Mills
4. Coca-Cola Co
5. Standard Functional Foods Group
6. GFR Pharma
7. Kellogg NA
8. Abbott
9. Hearthside Food Solutions
10. Nestle SA
11. Tyson Foods
12. DowDuPont
13. Puris
14. Archer Daniels Midland
15. BioCare Copenhagen A/S
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/global-functional-food-market/101443/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Functional Food Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Functional Food Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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