The global functional food ingredient market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for healthy food and beverages, which in turn has led to an increase in the consumption of functional foods and ingredients. The growing awareness about health benefits of functional foods and ingredients has also contributed to the growth of this market. The global functional food ingredient market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into vitamins, minerals, prebiotics/probiotics/hydrocolloids/essential oils/omega 3 & 6 fatty acids (Omeg3&6), carotenoids; on application it is segmented into bakery & cereals; dairy products; meat; fish & eggs; soy products; while on region it covers North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The growing awareness about health benefits associated with consumption of natural ingredients such as vitamins, minerals, and antioxidants is also driving the growth of this market globally.
- Increasing number of consumers opting for organic foods over conventional ones has led to an increase in demand for natural ingredients such as vitamins and minerals which are used in functional foods that are marketed as organic or natural products; this has been one of the key drivers for this market globally during recent years .
Industry Growth Insights published a new data on “Functional Food Ingredient Market”. The research report is titled “Functional Food Ingredient Market research by Types (Vitamins, Minerals, Prebiotics, Probiotics, Hydrocolloids, Essential Oils, Omega-3 & 6 Fatty Acids, Carotenoids), By Applications (Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products), By Players/Companies Cargill, Tate & Lyle, Nestlé, Arla Foods, Amway, Kerry, Ingredion, DSM, Archer Daniels Midland, Hearthside Food Solutions, BASF, Herbalife, General Mills”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Food Ingredient Market Research Report
By Type
Vitamins, Minerals, Prebiotics, Probiotics, Hydrocolloids, Essential Oils, Omega-3 & 6 Fatty Acids, Carotenoids
By Application
Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products
By Companies
Cargill, Tate & Lyle, Nestlé, Arla Foods, Amway, Kerry, Ingredion, DSM, Archer Daniels Midland, Hearthside Food Solutions, BASF, Herbalife, General Mills
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Functional Food Ingredient Market Report Segments:
The global Functional Food Ingredient market is segmented on the basis of:
Types
Vitamins, Minerals, Prebiotics, Probiotics, Hydrocolloids, Essential Oils, Omega-3 & 6 Fatty Acids, Carotenoids
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- Tate & Lyle
- Nestlé
- Arla Foods
- Amway
- Kerry
- Ingredion
- DSM
- Archer Daniels Midland
- Hearthside Food Solutions
- BASF
- Herbalife
- General Mills
Highlights of The Functional Food Ingredient Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vitamins
- Minerals
- Prebiotics
- Probiotics
- Hydrocolloids
- Essential Oils
- Omega-3 & 6 Fatty Acids
- Carotenoids
- By Application:
- Bakery & Cereals
- Dairy Products
- Meat, Fish & Eggs
- Soy Products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Functional Food Ingredient Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A functional food ingredient is a nutrient or food additive that has been shown to have health benefits beyond those of traditional nutrients and foods. These benefits may include improved cognitive function, reduced inflammation, and enhanced immune system function.
Some of the key players operating in the functional food ingredient market are Cargill, Tate & Lyle, NestlƒÂ©, Arla Foods, Amway, Kerry, Ingredion, DSM, Archer Daniels Midland, Hearthside Food Solutions, BASF, Herbalife, General Mills.
The functional food ingredient market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Functional Food Ingredient Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Functional Food Ingredient Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Functional Food Ingredient Market - Supply Chain
4.5. Global Functional Food Ingredient Market Forecast
4.5.1. Functional Food Ingredient Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Functional Food Ingredient Market Size (000 Units) and Y-o-Y Growth
4.5.3. Functional Food Ingredient Market Absolute $ Opportunity
5. Global Functional Food Ingredient Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Functional Food Ingredient Market Size and Volume Forecast by Type
5.3.1. Vitamins
5.3.2. Minerals
5.3.3. Prebiotics
5.3.4. Probiotics
5.3.5. Hydrocolloids
5.3.6. Essential Oils
5.3.7. Omega-3 & 6 Fatty Acids
5.3.8. Carotenoids
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Functional Food Ingredient Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Functional Food Ingredient Market Size and Volume Forecast by Application
6.3.1. Bakery & Cereals
6.3.2. Dairy Products
6.3.3. Meat, Fish & Eggs
6.3.4. Soy Products
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Functional Food Ingredient Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Functional Food Ingredient Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Functional Food Ingredient Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Functional Food Ingredient Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Functional Food Ingredient Demand Share Forecast, 2019-2029
9. North America Functional Food Ingredient Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Functional Food Ingredient Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Functional Food Ingredient Market Size and Volume Forecast by Application
9.4.1. Bakery & Cereals
9.4.2. Dairy Products
9.4.3. Meat, Fish & Eggs
9.4.4. Soy Products
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Functional Food Ingredient Market Size and Volume Forecast by Type
9.7.1. Vitamins
9.7.2. Minerals
9.7.3. Prebiotics
9.7.4. Probiotics
9.7.5. Hydrocolloids
9.7.6. Essential Oils
9.7.7. Omega-3 & 6 Fatty Acids
9.7.8. Carotenoids
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Functional Food Ingredient Demand Share Forecast, 2019-2029
10. Latin America Functional Food Ingredient Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Functional Food Ingredient Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Functional Food Ingredient Market Size and Volume Forecast by Application
10.4.1. Bakery & Cereals
10.4.2. Dairy Products
10.4.3. Meat, Fish & Eggs
10.4.4. Soy Products
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Functional Food Ingredient Market Size and Volume Forecast by Type
10.7.1. Vitamins
10.7.2. Minerals
10.7.3. Prebiotics
10.7.4. Probiotics
10.7.5. Hydrocolloids
10.7.6. Essential Oils
10.7.7. Omega-3 & 6 Fatty Acids
10.7.8. Carotenoids
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Functional Food Ingredient Demand Share Forecast, 2019-2029
11. Europe Functional Food Ingredient Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Functional Food Ingredient Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Functional Food Ingredient Market Size and Volume Forecast by Application
11.4.1. Bakery & Cereals
11.4.2. Dairy Products
11.4.3. Meat, Fish & Eggs
11.4.4. Soy Products
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Functional Food Ingredient Market Size and Volume Forecast by Type
11.7.1. Vitamins
11.7.2. Minerals
11.7.3. Prebiotics 11.7.4. Probiotics
11.7.5. Hydrocolloids
11.7.6. Essential Oils
11.7.7. Omega-3 & 6 Fatty Acids
11.7.8. Carotenoids
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Functional Food Ingredient Demand Share, 2019-2029
12. Asia Pacific Functional Food Ingredient Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Functional Food Ingredient Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Functional Food Ingredient Market Size and Volume Forecast by Application
12.4.1. Bakery & Cereals
12.4.2. Dairy Products
12.4.3. Meat, Fish & Eggs
12.4.4. Soy Products
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Functional Food Ingredient Market Size and Volume Forecast by Type
12.7.1. Vitamins
12.7.2. Minerals
12.7.3. Prebiotics
12.7.4. Probiotics
12.7.5. Hydrocolloids
12.7.6. Essential Oils
12.7.7. Omega-3 & 6 Fatty Acids
12.7.8. Carotenoids
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Functional Food Ingredient Demand Share, 2019-2029
13. Middle East & Africa Functional Food Ingredient Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Functional Food Ingredient Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Functional Food Ingredient Market Size and Volume Forecast by Application
13.4.1. Bakery & Cereals
13.4.2. Dairy Products
13.4.3. Meat, Fish & Eggs
13.4.4. Soy Products
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Functional Food Ingredient Market Size and Volume Forecast by Type
13.7.1. Vitamins
13.7.2. Minerals
13.7.3. Prebiotics
13.7.4. Probiotics
13.7.5. Hydrocolloids
13.7.6. Essential Oils
13.7.7. Omega-3 & 6 Fatty Acids
13.7.8. Carotenoids
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Functional Food Ingredient Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Functional Food Ingredient Market: Market Share Analysis
14.2. Functional Food Ingredient Distributors and Customers
14.3. Functional Food Ingredient Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cargill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tate & Lyle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nestlé
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Arla Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Amway
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kerry
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ingredion
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DSM
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Archer Daniels Midland
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hearthside Food Solutions
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BASF
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Herbalife
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. General Mills
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook