Functional Food Ingredients Market Growth | Trends, Size, Share & Forecast 2025 | Top key players - Kerry Inc., BENEO, Cargill, Inc.

The Global Functional Food Ingredients Market reached USD 84.4 billion in 2022 and is expected to reach USD 147.8 billion by 2031 growing with a CAGR of 7.1% during the forecast period 2024-2031.

The Functional Food Ingredients Market, as examined in the DataM Intelligence study, offers a comprehensive overview of the industry, enriched with in-depth insights, historical data, and key statistics. The report provides a thorough analysis of market dynamics, competitive strategies, and leading players, detailing their product offerings, pricing models, financial performance, expansion strategies, and regional presence.

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The Functional Food Ingredients Market includes bioactive compounds added to foods to provide health benefits beyond basic nutrition. These ingredients-such as probiotics, prebiotics, vitamins, minerals, and antioxidants-support improved digestion, immunity, and overall wellness. Driven by rising health awareness and demand for fortified foods, the market spans applications in dairy, beverages, bakery, and dietary supplements.

Key Development

On November 3, 2022, U.S.-based biotech company Genomatica, Inc. announced its entry into the functional foods and beverages space with the launch of AvelaTM Natural (R)-1,3-Butanediol. This innovative, plant-based ingredient is derived from plant sugars through a fermentation process and offers a clean source of natural energy without caffeine, gluten, or salt making it an appealing option for health-conscious consumers.

On October 3, 2022, Teijin Limited took a significant step to expand its footprint in the functional food market by establishing the Teijin Meguro Institute Co., Ltd.. The new venture is dedicated to advancing the development and production of probiotic ingredients for use in functional foods, supporting the company's mission to deliver science-backed nutrition solutions.

Major Players Shaping the Functional Food Ingredients Market:

The prominent players in Functional Food Ingredients market research report are: Kerry Inc., BENEO, Cargill, Inc., Koninklijke Dsm N.V., Archer Daniels Midland Company, Ingredion Inc., DuPont., Tate & Lyle, Chr. Hansen, and Kemin Industries.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

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Market Segments

By Type: Vitamins, Minerals, Prebiotics, Omega-3 & 6 Fatty Acids, Essential Oils, Hydrocolloids, Others.

By Application: Confectionaries, Dairy Products, Soy Products, Fruits & vegetables.

The Functional Food Ingredients industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.

Regions Covered:

The global Functional Food Ingredients Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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