Press release
๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ is expected to reach USD 185.17 Bn by 2030
๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Global ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ Market size was valued at USD 113.82 Bn in 2023 and is expected to reach USD 185.17 Bn by 2030, at a CAGR of 7.2%.
๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The global ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ Market is experiencing robust growth, driven by increasing consumer awareness of health and wellness. Functional ingredients like probiotics, prebiotics, dietary fibers, and vitamins are becoming essential in food and beverages to enhance nutritional value and address health concerns.
Regionally, countries like the US, Japan, and South Korea are leading the adoption of functional food ingredients due to their advanced food processing industries and health-conscious populations. Additionally, emerging markets such as Vietnam and Thailand are showcasing remarkable opportunities as consumer preferences shift toward functional and fortified food products, spurring new growth avenues for manufacturers and investors.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/29344/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
The ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ Market is primarily driven by increasing consumer awareness of health and wellness, leading to greater demand for nutritionally enhanced food products. Additionally, the rise in chronic diseases and the shift toward preventive healthcare further boost market growth.
The growing popularity of plant-based diets and clean-label products also fuels the market, as consumers seek functional ingredients with natural benefits. Innovations in food technology and the demand for immunity-boosting ingredients are expected to further accelerate market expansion.
๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Trends in the ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ Market include the rising popularity of plant-based and clean-label products as consumers increasingly seek natural, nutrient-dense options. Innovations in functional ingredients like probiotics, prebiotics, and antioxidants are also gaining traction, as consumers demand solutions for immunity, digestion, and overall health. Additionally, there is a shift towards personalized nutrition, where ingredients are tailored to specific health needs.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/29344/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Vietnam: Opportunities in ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ
Vietnam is emerging as a key player in the functional food ingredients market. The country has witnessed a surge in investments and collaborations to develop innovative nutritional products. Nestlรฉ Vietnam recently introduced a range of fortified beverages targeting specific nutritional gaps, while local producers are actively working on plant-based protein products.
The Vietnamese government's initiatives to promote health awareness have further fueled demand for fortified and functional food products. Companies are leveraging local agricultural produce, including rice and tropical fruits, to create value-added products.
Thailand: Growth Driven by Consumer Trends
The functional food market in Thailand is experiencing robust growth owing to rising consumer awareness about health and wellness. The Thai government's promotion of functional rice-based products has spurred significant R&D activities. Companies like CP Foods and Tipco are focusing on probiotics and fortified juices to cater to health-conscious consumers.
Recent mergers in the industry, such as Thai Union Group acquiring local startups specializing in superfood ingredients, highlight the sector's potential.
Japan: Trends Shaping Functional Nutrition
Japan remains at the forefront of innovation in the functional food ingredients market. With an aging population, the demand for probiotics, dietary fibers, and vitamins is soaring. Ajinomoto and Meiji are leading the charge by introducing functional food products specifically designed for eldercare nutrition.
The government's focus on personalized nutrition has led to the development of tailor-made solutions targeting individual health needs. Collaboration between academia and industry has also accelerated product innovation.
South Korea: Consolidation in Functional Ingredients
South Korea's functional food ingredients market is characterized by increasing consolidation. Recent mergers, such as CJ CheilJedang acquiring smaller players, underline the industry's rapid maturation. The country's focus on gut health and immunity has led to a spike in demand for probiotics and omega-3 fatty acids.
Key developments include the rise of digital health platforms promoting functional foods. The Korean government's support for functional food exports is further strengthening the market's global position.
Singapore: Updation in Functional Food Offerings
Singapore's strategic position as a food innovation hub has enabled the country to lead in functional food R&D. Companies like Nestlรฉ Singapore and Olam are driving innovation through partnerships with tech startups to create sustainable and functional food ingredients.
The Singapore Food Agency's regulatory support for new food categories, including alternative proteins, has fostered a vibrant ecosystem for functional food ingredient innovation.
United States: Opportunities for Innovation
The US continues to dominate the global functional food ingredients market, driven by cutting-edge R&D and consumer demand for health-focused diets. Companies like Kerry Group, ADM, and Cargill are heavily investing in plant-based proteins and clean-label products.
Mergers and acquisitions are rampant, with Ingredion acquiring plant-based ingredient manufacturers to expand their portfolio. Regional players are also gaining traction with locally sourced and sustainable ingredients.
Europe: Growth Catalyzed by Health Awareness
Europe's functional food ingredients market is experiencing substantial growth due to increasing awareness about preventive health care. Key players like Danone and DSM are introducing functional dairy and fortified beverages to cater to the region's health-conscious consumers.
Countries like Germany and France are leading the way with innovative approaches to fortifying traditional foods. European regulations supporting functional labeling have further boosted consumer confidence in these products.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/29344/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
by Type
1. Fibers and specialty carbohydrates
2. Probiotics and Prebiotics
3. Proteins and amino acids
4. Vitamins and Minerals
5. Others
by Source
1. Natural
1.1. Animal
1.2. Microbial
1.3. Plant
2. Synthetic
by Application
1. Nutraceuticals and Dietary Supplements
2. Functional Beverages
3. Functional Foods
4. Medical Nutrition
5. Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Global
1. Archer Daniels Midland Company (ADM) (Chicago, Illinois, USA)
2. Cargill, Incorporated (Wayzata, Minnesota, USA)
3. DuPont Nutrition & Biosciences (Wilmington, Delaware, USA)
4. Kerry Group (Tralee, County Kerry, Ireland)
5. Royal DSM (Heerlen, Netherlands)
North America
1. Ingredion Incorporated (Westchester, Illinois, USA)
2. FMC Corporation (Philadelphia, Pennsylvania, USA)
3. Celanese Corporation (Irving, Texas, USA)
Europe
1. Royal DSM (Heerlen, Netherlands)
2. Tate & Lyle PLC (London, United Kingdom)
3. Chr. Hansen Holding A/S (Hoersholm, Denmark)
4. Naturex (Givaudan) (Avignon, France)
5. Glanbia plc (Kilkenny, Ireland)
6. Givaudan SA (Vernier, Switzerland)
7. BENEO (Sรผdzucker Group) (Mannheim, Germany)
8. FrieslandCampina Ingredients (Amersfoort, Netherlands)
Asia Pacific
1. Ajinomoto Co., Inc. (Tokyo, Japan)
2. BENEO (Sรผdzucker Group) (Mannheim, Germany)
3. FrieslandCampina Ingredients (Amersfoort, Netherlands)
4. Chr. Hansen Holding A/S (Hoersholm, Denmark)
5. Bioriginal Food & Science Corp. (Saskatoon, Saskatchewan, Canada)
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-functional-food-ingredients-market/29344/
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Global Geopolymer Market https://www.maximizemarketresearch.com/market-report/global-geopolymer-market/81356/
Global Pentalide (Cyclopentadecanolide) Market https://www.maximizemarketresearch.com/market-report/global-pentalide-cyclopentadecanolide-market/72668/
Firearm Lubricant Market https://www.maximizemarketresearch.com/market-report/firearm-lubricant-market/127419/
Aero Engine Coating Market https://www.maximizemarketresearch.com/market-report/aero-engine-coating-market/146157/
Global Server Chassis Market https://www.maximizemarketresearch.com/market-report/global-server-chassis-market/25502/
Global Geosynthetic Clay Liners Market https://www.maximizemarketresearch.com/market-report/global-geosynthetic-clay-liners-market/108076/
Global Automotive Electric Water Pump Market https://www.maximizemarketresearch.com/market-report/global-automotive-electric-water-pump-market/75154/
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