Global Functional Food Market Research Report 2023(Status and Outlook)
Report Overview
Functional food is a food given an additional function (often one related to health-promotion or disease prevention) by adding new ingredients or more of existing ingredients.The term may also apply to traits purposely bred into existing edible plants, such as purple or gold potatoes having enriched anthocyanin or carotenoid contents, respectively.Functional food industry, consisting of food, beverage and supplement sectors, is one of the several areas of the food industry that is experiencing fast growth in recent years.
The Global Functional Food Market Size was estimated at USD 142760.00 million in 2022 and is projected to reach USD 194276.63 million by 2029, exhibiting a CAGR of 4.50% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Functional Food market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Functional Food Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Functional Food market in any manner.
Global Functional Food Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Abbott Laboratories
Archer Daniels Midland
Arla
BASF
Danone
Dean Foods
General Mills
Kellogg
Nestle
PepsiCo
Market Segmentation (by Type)
Carotenoids
Dietary Fibers
Fatty Acids
Minerals
Prebiotics & Probiotic
Vitamins
Others
Market Segmentation (by Application)
Food And Drink
Consumer Durables
Household And Personal Maintenance Supplies
Pharmaceuticals
Retail Tag
Other
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Functional Food Market
Overview of the regional outlook of the Functional Food Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Functional Food
- 1.2 Key Market Segments
- 1.2.1 Functional Food Segment by Type
- 1.2.2 Functional Food Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Functional Food Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Functional Food Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Functional Food Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Functional Food Market Competitive Landscape
- 3.1 Global Functional Food Sales by Manufacturers (2018-2023)
- 3.2 Global Functional Food Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Functional Food Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Functional Food Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Functional Food Sales Sites, Area Served, Product Type
- 3.6 Functional Food Market Competitive Situation and Trends
- 3.6.1 Functional Food Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Functional Food Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Functional Food Industry Chain Analysis
- 4.1 Functional Food Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Functional Food Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Functional Food Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Functional Food Sales Market Share by Type (2018-2023)
- 6.3 Global Functional Food Market Size Market Share by Type (2018-2023)
- 6.4 Global Functional Food Price by Type (2018-2023)
- 7 Functional Food Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Functional Food Market Sales by Application (2018-2023)
- 7.3 Global Functional Food Market Size (M USD) by Application (2018-2023)
- 7.4 Global Functional Food Sales Growth Rate by Application (2018-2023)
- 8 Functional Food Market Segmentation by Region
- 8.1 Global Functional Food Sales by Region
- 8.1.1 Global Functional Food Sales by Region
- 8.1.2 Global Functional Food Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Functional Food Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Functional Food Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Functional Food Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Functional Food Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Functional Food Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Abbott Laboratories
- 9.1.1 Abbott Laboratories Functional Food Basic Information
- 9.1.2 Abbott Laboratories Functional Food Product Overview
- 9.1.3 Abbott Laboratories Functional Food Product Market Performance
- 9.1.4 Abbott Laboratories Business Overview
- 9.1.5 Abbott Laboratories Functional Food SWOT Analysis
- 9.1.6 Abbott Laboratories Recent Developments
- 9.2 Archer Daniels Midland
- 9.2.1 Archer Daniels Midland Functional Food Basic Information
- 9.2.2 Archer Daniels Midland Functional Food Product Overview
- 9.2.3 Archer Daniels Midland Functional Food Product Market Performance
- 9.2.4 Archer Daniels Midland Business Overview
- 9.2.5 Archer Daniels Midland Functional Food SWOT Analysis
- 9.2.6 Archer Daniels Midland Recent Developments
- 9.3 Arla
- 9.3.1 Arla Functional Food Basic Information
- 9.3.2 Arla Functional Food Product Overview
- 9.3.3 Arla Functional Food Product Market Performance
- 9.3.4 Arla Business Overview
- 9.3.5 Arla Functional Food SWOT Analysis
- 9.3.6 Arla Recent Developments
- 9.4 BASF
- 9.4.1 BASF Functional Food Basic Information
- 9.4.2 BASF Functional Food Product Overview
- 9.4.3 BASF Functional Food Product Market Performance
- 9.4.4 BASF Business Overview
- 9.4.5 BASF Functional Food SWOT Analysis
- 9.4.6 BASF Recent Developments
- 9.5 Danone
- 9.5.1 Danone Functional Food Basic Information
- 9.5.2 Danone Functional Food Product Overview
- 9.5.3 Danone Functional Food Product Market Performance
- 9.5.4 Danone Business Overview
- 9.5.5 Danone Functional Food SWOT Analysis
- 9.5.6 Danone Recent Developments
- 9.6 Dean Foods
- 9.6.1 Dean Foods Functional Food Basic Information
- 9.6.2 Dean Foods Functional Food Product Overview
- 9.6.3 Dean Foods Functional Food Product Market Performance
- 9.6.4 Dean Foods Business Overview
- 9.6.5 Dean Foods Recent Developments
- 9.7 General Mills
- 9.7.1 General Mills Functional Food Basic Information
- 9.7.2 General Mills Functional Food Product Overview
- 9.7.3 General Mills Functional Food Product Market Performance
- 9.7.4 General Mills Business Overview
- 9.7.5 General Mills Recent Developments
- 9.8 Kellogg
- 9.8.1 Kellogg Functional Food Basic Information
- 9.8.2 Kellogg Functional Food Product Overview
- 9.8.3 Kellogg Functional Food Product Market Performance
- 9.8.4 Kellogg Business Overview
- 9.8.5 Kellogg Recent Developments
- 9.9 Nestle
- 9.9.1 Nestle Functional Food Basic Information
- 9.9.2 Nestle Functional Food Product Overview
- 9.9.3 Nestle Functional Food Product Market Performance
- 9.9.4 Nestle Business Overview
- 9.9.5 Nestle Recent Developments
- 9.10 PepsiCo
- 9.10.1 PepsiCo Functional Food Basic Information
- 9.10.2 PepsiCo Functional Food Product Overview
- 9.10.3 PepsiCo Functional Food Product Market Performance
- 9.10.4 PepsiCo Business Overview
- 9.10.5 PepsiCo Recent Developments
- 10 Functional Food Market Forecast by Region
- 10.1 Global Functional Food Market Size Forecast
- 10.2 Global Functional Food Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Functional Food Market Size Forecast by Country
- 10.2.3 Asia Pacific Functional Food Market Size Forecast by Region
- 10.2.4 South America Functional Food Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Functional Food by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Functional Food Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Functional Food by Type (2024-2029)
- 11.1.2 Global Functional Food Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Functional Food by Type (2024-2029)
- 11.2 Global Functional Food Market Forecast by Application (2024-2029)
- 11.2.1 Global Functional Food Sales (K MT) Forecast by Application
- 11.2.2 Global Functional Food Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
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