Functional Food Market

Functional Food Market, By Ingredient (Probiotics, Minerals, Proteins & Amino Acids, Prebiotics & Dietary Fibers, Vitamins, Others), By Product (Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products, Fats & Oils, Others), By Application (Sports Nutrition, Weight Management, Clinical Nutrition, Cardio Health, Others) , and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


Minimally processed, whole foods as well as fortified or enriched foods are considered functional foods. These include carotenoids, isothiocyanates, dietary fiber, flavonoids, polyols, plant sterols and stanols, probiotics, soy protein, phytoestrogens and vitamins and minerals. For example, carotenoids in oranges and carrots reduce the risk of lung cancer, while the isothiocyanates in cruciferous vegetables, such as broccoli and Brussels sprouts, help to lower cholesterol. The soluble fibers in beans, oats and barley, and the inulin in chicory, are also beneficial because they can ease constipation, irritable bowel syndrome and hemorrhoids. Vitamins and minerals found in dark-green vegetables, nuts and seeds, berries and fish are also important for good health. Most functional foods are nutrient-rich whole foods, including fruits and vegetables, grains and legumes. Nutrient-rich beverages, such as fruit juices and smoothies, can be considered functional foods as well, especially when they are marketed to improve specific health outcomes, such as lowering blood pressure or reducing cholesterol.

Market Dynamics:

The functional food market is characterized by continuous product innovations driven by emerging consumer demands and increasing research and development activities. For instance, manufacturers are creating products that cater to the changing needs of consumers such as functional confectioneries, nutrition bars, and functional drinks to target fitness enthusiasts. Moreover, rising awareness of the importance of maintaining a healthy diet and growing preference for convenience food products is fueling the growth of the functional food market. Manufacturers are offering an array of products in the market to cater to the varied requirements of consumers such as weight management, heart health, digestion support, immune system enhancement, and more.

However, the emergence of several startups in the functional foods space is challenging the growth of major players in the market.

Key features of the study:

This report provides in-depth analysis of the global functional food market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 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, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global functional food market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include DANONE, GLANBIA PLC, HEARTHSIDE FOOD SOLUTIONS LLC, MARS, INCORPORATED, MEIJI CO., LTD., NESTLÉ S.A., RAISIO PLC, ROYAL FRIESLANDCAMPINA N.V., SANITARIUM HEALTH FOOD COMPANY, and THE KRAFT HEINZ COMPANY

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global functional food market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global functional food market

Detailed Segmentation:

Global Functional Food Market, By Ingredient

Probiotics

Minerals

Proteins & Amino Acids

Prebiotics & Dietary Fibers

Vitamins

Others

Global Functional Food Market, By Product

Bakery & Cereals

Dairy Products

Meat, Fish & Eggs

Soy Products

Fats & Oils

Others

Global Functional Food Market, By Application

Sports Nutrition

Weight Management

Clinical Nutrition

Cardio Health

Others

Global Functional Food Market, By Region

North America

Europe

Asia Pacific

Rest of World

Company Profiles

DANONE

GLANBIA PLC

HEARTHSIDE FOOD SOLUTIONS LLC

MARS, INCORPORATED

MEIJI CO., LTD.

NESTLÉ S.A.

RAISIO PLC

ROYAL FRIESLANDCAMPINA N.V.

SANITARIUM HEALTH FOOD COMPANY

THE KRAFT HEINZ COMPANY


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Ingredient
Market Snapshot, By Product
Market Snapshot, By Application
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Growing demand for functional food
Easy availability of healthier substitute
Strong growth of retail sector
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Functional Food Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Functional Food Market , By Ingredient, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Probiotics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Minerals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Proteins & Amino Acids
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Prebiotics & Dietary Fibers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Vitamins
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
6. Global Functional Food Market , By Product, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Bakery & Cereals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Dairy Products
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Meat, Fish & Eggs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Soy Products
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Fats & Oils
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
7. Global Functional Food Market , By Application, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Segment Trends
Sports Nutrition
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Weight Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Clinical Nutrition
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Cardio Health
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
8. Global Functional Food Market , By Region, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2018–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Ingredient, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Ingredient, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Ingredient, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
Rest of World
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Ingredient, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Bn)
9. Competitive Landscape
DANONE
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
GLANBIA PLC
HEARTHSIDE FOOD SOLUTIONS LLC
MARS, INCORPORATED
MEIJI CO., LTD.
RAISIO PLC
ROYAL FRIESLANDCAMPINA N.V.
SANITARIUM HEALTH FOOD COMPANY
THE KRAFT HEINZ COMPANY
Analyst Views
10. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Global Functional Food Market” - Global forecast to 2030

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