Functional Foods & Beverages Market Research Reports & Industry Analysis
A functional food has to do more than the basic function of supplying nutrients. The basic category of functional foods includes processed food or foods fortified with additives, like "vitamin-enriched" products. Fermented foods with live cultures are considered functional foods with probiotic benefits.
Health-conscious consumers have supplied the demand to make functional foods an emerging field in food science. Yet, as consumers seek healthy choices, they are often skeptical about the benefits claimed by the companies developing new functional foods and beverages. The fact is the benefits are simply difficult to detect.
The industry suggests the establishment of a health claim regulating agency, which may increase consumer confidence. However, strict examination of some of the functional food claims may discourage some companies from launching their products.
The burgeoning industry was also impacted by poor global economic outlook. Many companies were forced to reposition themselves in response to the global economic downturn by lowering prices, eliminating divisions and rebranding products. Others grew by targeting products that consumers believe make an impact on their health. Product functionality is the most important consumer decision factor, generally outweighing cost sensitivity.
Consumer surveys on a wide range of functional food areas -- such as heart, digestive, immunity, cognitive, joint and bone health -- find that shoppers have high levels of interest, but much lower levels of actual purchase behavior.
Cognitive-health products are one example, as more than two-thirds of Americans say they are interested in products that increase concentration, but less than one in five actually buy such products. Narrowing this gap is crucial for the industry to turn functional foods and drinks from a novelty into a steady growing business in the long term.
Functional Foods & Beverages Industry Research & Market Reports
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Packaged Chia Seeds
... at a CAGR of 5.5% over the analysis period 2024-2030. Black Chia Seeds, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$1.5 Billion by the end ... Read More
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Functional Food Ingredients
... at a CAGR of 7.7% over the analysis period 2024-2030. Natural Ingredients, one of the segments analyzed in the report, is expected to record a 8.1% CAGR and reach US$100.0 Billion by the end of ... Read More
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Commercial Seaweeds
... CAGR of 8.4% over the analysis period 2024-2030. Red Seaweeds, one of the segments analyzed in the report, is expected to record a 8.3% CAGR and reach US$18.0 Billion by the end of the analysis ... Read More
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Fatty Acid Supplements
... at a CAGR of 11.7% over the analysis period 2024-2030. Marine Oils, one of the segments analyzed in the report, is expected to record a 11.2% CAGR and reach US$11.8 Billion by the end of ... Read More
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Wheatgrass Products
... CAGR of 3.8% over the analysis period 2024-2030. Wheatgrass Powder, one of the segments analyzed in the report, is expected to record a 3.3% CAGR and reach US$124.7 Million by the end of the analysis ... Read More
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Chlorella
... 5.7% over the analysis period 2024-2030. Chlorella Vulgaris, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$138.8 Million by the end of the analysis period. Growth ... Read More
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Algal Oils
... CAGR of 12.4% over the analysis period 2024-2030. Food & Beverage Application, one of the segments analyzed in the report, is expected to record a 14.7% CAGR and reach US$775.5 Million by the end of ... Read More
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Functional Proteins
... CAGR of 3.8% over the analysis period 2024-2030. Whey Protein Isolates, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$1.9 Billion by the end of the ... Read More
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Probiotics Dietary Supplements
... at a CAGR of 5.8% over the analysis period 2024-2030. Capsules Form, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$4.2 Billion by the end of ... Read More
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Rice Protein
... CAGR of 2.3% over the analysis period 2024-2030. Rice Protein Isolates, one of the segments analyzed in the report, is expected to record a 2.2% CAGR and reach US$497.4 Million by the end of the ... Read More
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Tea Polyphenols
... CAGR of 3.7% over the analysis period 2024-2030. Green Tea Polyphenols, one of the segments analyzed in the report, is expected to record a 3.7% CAGR and reach US$260.3 Million by the end of the ... Read More
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Polyphenols
... 7.2% over the analysis period 2024-2030. Functional Beverages Application, one of the segments analyzed in the report, is expected to record a 8.2% CAGR and reach US$855.9 Million by the end of the analysis period. ... Read More
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Vitamin Fortified and Mineral Enriched Food & Beverage
... 2024, is expected to reach US$123.0 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2024-2030. Foods Application, one of the segments analyzed in the report, is expected to record a ... Read More
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Prebiotics
... 11.0% over the analysis period 2024-2030. Inulin Ingredient, one of the segments analyzed in the report, is expected to record a 9.7% CAGR and reach US$5.0 Billion by the end of the analysis period. Growth ... Read More
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Functional Bars
... CAGR of 5.6% over the analysis period 2024-2030. Protein-Rich Bars, one of the segments analyzed in the report, is expected to record a 6.3% CAGR and reach US$953.7 Million by the end of the analysis ... Read More
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Carob Powder
... CAGR of 5.7% over the analysis period 2024-2030. Natural Carob Powder, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$48.7 Million by the end of the ... Read More
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Functional Foods and Beverages in North America 2025-2029
... a CAGR of 8.38% during the forecast period. Our report on the functional foods and beverages market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well ... Read More
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Global Functional Mushroom Market 2025-2029
... provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest ... Read More
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Global Adaptogenic Snack Bar Market - 2024-2031
... the forecast period 2024-2031. Globally consumers are increasingly seeking functional foods that support overall well-being and stress management. Adaptogenic ingredients, such as ashwagandha, maca, and reishi mushrooms, are becoming popular due to their ability to ... Read More
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US Adaptogenic Beverages Market - 2024-2031
... period 2024-2031. US adaptogenic beverages market is growing rapidly as consumers seek natural drinks for stress relief, mental clarity, and overall wellness. With ingredients like ashwagandha and reishi, these beverages ranging from teas to energy ... Read More
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Japan Algae-Based Food Products Market - 2024-2031
... the forecast period 2024-2031. The algae-based food products market in Japan is booming as consumers increasingly prioritize health and sustainability. Algae, particularly seaweed varieties like nori, kombu, and wakame, are staple ingredients in traditional Japanese ... Read More
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Global Adaptogenic Beverages Market - 2024-2031
... period 2024-2031. The global adaptogenic beverages market is experiencing robust growth, driven by increasing consumer interest in health and wellness, particularly in natural remedies that help manage stress, boost energy, and improve mental clarity. Adaptogens, ... Read More
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Global Pet Probiotics Market - 2024-2031
... period 2024-2031. Pet owners around the world are increasingly viewing their pets as family members, leading to a surge in demand for premium, health-focused products like prebiotics. This trend is driving the global market for ... Read More
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Probiotics Market: Industry Trends and Global Forecasts, Till 2035: Distribution by Type of Probiotic (Foods and Beverages, Probiotic Dietary Supplements, Animal Feed and Other Probiotics), Type of Food and Beverage (Dairy Products, Non Dairy Products, Fermented Foods, Beverages, Dry Foods and Other Foods and Beverages), Type of Probiotic Dietary Supplement (Nutritional Supplements, Specialty Supplements, Infant Formula and Other Probiotic Dietary Supplements), Type of Ingredient (Bacteria and Yeast), End User (Humans and Animals), Target Human Population (Adults and Children / Infants), Distribution Channel (Hypermarkets / Supermarkets, Pharmacies / Drug Stores, Specialty Stores, Online Stores and Other Distribution Channels), Geographical Regions (North America, Europe, Asia-Pacific, Middle East and North Africa and Latin America) and Key Players
... 8. 0% during the forecast period, till 2035. The opportunity for probiotics market has been distributed across the following segments: Type of Probiotic Foods and Beverages Animal Feed Probiotic Dietary Supplements Other Probiotics Hypermarkets / ... Read More
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Global CBD-Infused Beverages Market - 2024-2031
... period 2024-2031. The global CBD-infused beverages market is driven by the rising demand for wellness products, with 4% of the population experiencing anxiety disorders and 74% feeling overwhelmed by stress, according to the Mental Health ... Read More
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