APAC Heart Health Functional Food Market, By Product Type (Breakfast Cereals, Dairy Products, Edible Oil, Nutritional Bars, Others (Eggs & Wine)), By Distributional Channel (Hypermarket, Supermarket, Departmental Store, Grocery/ Retailer) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Functional food is considered as enhanced or enriched foods which provides essential nutrients such as vitamins and minerals for the healthy body and heart. Omega-3 fatty acids such as DHA and EPA helps in preventing heart attacks, blood clots and improves elasticity of blood vessels, owing to which companies in the region are focused new products based omega-3 based ingredients.
For instance, in Cargill launches IngreVita, a new omega-3 oil blend which is an easy to use food ingredient. The oil blends is enriched with omega-3 such as DHA and EPA which is significant for heart health.
Market Dynamics
Rapid increase in the adoption of online channel for the sale of the products is also key factor for the growth of APAC heart health functional food market. For instance, in October 2019, GM Farm, a Korean health food supplement brand launched its functional food products on Rakuten, an e-commerce site in Japan. The company launches its pro-biotic products for women, the folic acid for father and mother and reformed triglycerides (rTG) form omega-3.
The APAC heart health functional food market is estimated to account for US$ 395.5 Mn in terms of value by the end of 2019.
Japan is expected to hold significant market share in terms of value owing to the rising heart health awareness coupled with the rise in the adoption of online channel to increase sales.
Key features of the study:
This report provides in-depth analysis of Asia Pacific heart health functional food market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the Asia Pacific heart health functional food market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes, Marico Ltd., Kellogg Company, Raisio Plc, Nestle S.A., Kalbe Farma Tbk, Associated British Foods, Ruchi Soya Industries Ltd., Bagrry’s India Ltd., PepsiCo, Inc., and ConAgra Foods, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
The Asia Pacific heart health functional food market report caters to various stakeholders in this industry including investors, suppliers, functional food manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Asia Pacific heart health functional food market
Detailed Segmentation:
Asia Pacific Heart Health Functional Food Market, By Product Type:
Breakfast Cereals
Dairy Products
Edible Oil
Nutritional Bars
Others (Eggs & Wine)
Asia Pacific Heart Health Functional Food Market, By Distributional Channel:
Hypermarket
Supermarket
Departmental Store
Grocery/ Retailer
Asia Pacific Heart Health Functional Food Market, By Country:
India
By Product Type
Breakfast Cereals
Dairy Products
Edible Oil
Nutritional Bars
Others (Eggs & Wine)
By Distribution Channel
Hypermarket
Supermarket
Departmental Store
Grocery/ Retailer
China
By Product Type
Breakfast Cereals
Dairy Products
Edible Oil
Nutritional Bars
Others (Eggs & Wine)
By Distribution Channel
Hypermarket
Supermarket
Departmental Store
Grocery/ Retailer
Japan
By Product Type
Breakfast Cereals
Dairy Products
Edible Oil
Nutritional Bars
Others (Eggs & Wine)
By Distribution Channel
Hypermarket
Supermarket
Departmental Store
Grocery/ Retailer
Singapore
By Product Type
Breakfast Cereals
Dairy Products
Edible Oil
Nutritional Bars
Others (Eggs & Wine)
By Distribution Channel
Hypermarket
Supermarket
Departmental Store
Grocery/ Retailer
Indonesia
By Product Type
Breakfast Cereals
Dairy Products
Edible Oil
Nutritional Bars
Others (Eggs & Wine)
By Distribution Channel
Hypermarket
Supermarket
Departmental Store
Grocery/ Retailer
Thailand
By Product Type
Breakfast Cereals
Dairy Products
Edible Oil
Nutritional Bars
Others (Eggs & Wine)
By Distribution Channel
Hypermarket
Supermarket
Departmental Store
Grocery/ Retailer
Malaysia
By Product Type
Breakfast Cereals
Dairy Products
Edible Oil
Nutritional Bars
Others (Eggs & Wine)
By Distribution Channel
Hypermarket
Supermarket
Departmental Store
Grocery/ Retailer
Company Profiles
Marico Ltd *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Kellogg Company
Raisio Plc
Nestle S.A.
Kalbe Farma Tbk
Associated British Foods
Ruchi Soya Industries Ltd
Bagrry’s India Ltd
PepsiCo, Inc.
ConAgra Foods, Inc.
“*” marked represents similar segmentation in other categories in the respective section.
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