The Functional Food Ingredients Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Functional Food Ingredients market. The report offers in-depth research and assessment of the key elements of the global Functional Food Ingredients market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Functional Food Ingredients market.
The global functional food ingredients market size was USD 105.60 Billion in 2022 and is expected to register a rapid revenue CAGR of 6.9% during the forecast period. Rising prevalence of chronic diseases is primary key factor driving market revenue growth. Functional meals provide the human body with essential nutrients that aid in prevention of chronic diseases as these are high in antioxidants, which help to neutralize free radicals that damage healthy cells and reduce the risk of chronic diseases including heart disease, cancer, and diabetes. In addition, high-fiber diets help to prevent illnesses such as obesity, heart disease, stroke, and Gastrointestinal (GI) disorders is another key factor driving revenue growth of the market. According to the World Health Organization (WHO), 41 million people every year die due to chronic diseases globally, among which cardiovascular illnesses accounted for majority of death i.e., 17.9 million people per year, followed by malignancies 9.3 million individuals, chronic respiratory diseases 4.1 million individuals, and diabetes-related kidney disease around 2.0 million people per year. Functional foods are fortified, enriched, and improved foods that give health advantages in addition to basic nutrients, such as vitamins and minerals, when ingested in effective amounts on a regular basis. Functional food ingredients prevent nutritional deficiencies and stimulates growth and development. For instance, oats are high in beta-glucan, a type of fiber that reduces inflammation, promotes immunological function, and improves cardiac health.
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The researchers have considered all the factors influencing the growth of the Functional Food Ingredients market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Functional Food Ingredients market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Functional Food Ingredients market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.
Furthermore, the report provides details about the new players entering the market, entry-level barriers and offers strategic recommendations to overcome those barriers to gain a substantial industry presence.
Key Players operating in the industry are:
Cargill, Incorporated, BASF SE, ADM¸ DuPont, Arla Foods Amba, Kerry Group plc, Ajinomoto Co., Inc., DSM, Ingredion, and DSM
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Functional Food Ingredients market expected to boost the growth of the industry in the coming years.
Functional Food Ingredients Market Segmentation:
Type of Ingredient Outlook (Revenue, USD Billion; 2019–2032)
- Probiotics
- Proteins & Amino Acids
- Phytochemicals & Plant Extracts
- Prebiotics
- Fiber & Specialty Carbohydrates
- Carotenoids
- Vitamins
Source Outlook (Revenue, USD Billion; 2019–2032)
- Animal
- Plant
- Microbial
Health Benefit Outlook (Revenue, USD Billion; 2019–2032)
- Gut Health
- Cardiovascular Health
- Immunity
- Nutritive Health
- Weight Management
- Other Health Benefits
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Key Objectives of the Report:
- Analysis and estimation of the Functional Food Ingredients market size and share for the projected period
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Functional Food Ingredients market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.
Detailed Regional Analysis covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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