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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Algae
... of 4.6% over the analysis period 2023-2030. Open Pond Cultivation, one of the segments analyzed in the report, is expected to record a 4.6% CAGR and reach US$1.7 Billion by the end of the analysis ... Read More
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Algal Oils
... at a CAGR of 12.2% over the analysis period 2023-2030. Food & Beverage Application, one of the segments analyzed in the report, is expected to record a 14.5% CAGR and reach US$775.5 Million by the ... Read More
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Carob Powder
... CAGR of 5.6% over the analysis period 2023-2030. Natural Carob Powder, one of the segments analyzed in the report, is expected to record a 5.2% CAGR and reach US$48.7 Million by the end of the ... Read More
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Americas Ketogenic Diet Market: Market Size, Forecast, Insights, and Competitive Landscape
... report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the Americas ketogenic diet market by segmenting the market based on ... Read More
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Packaged Chia Seeds
... by 2030, growing at a CAGR of 5.5% over the analysis period 2023-2030. 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 ... Read More
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Chlorella Ingredients
... at a CAGR of 5.8% over the analysis period 2023-2030. Food & Beverage End-Use, one of the segments analyzed in the report, is expected to record a 5.2% CAGR and reach US$138.0 Million by the ... Read More
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Soluble Dietary Fibers
... by 2030, growing at a CAGR of 13.0% over the analysis period 2023-2030. Inulin, one of the segments analyzed in the report, is expected to record a 14.7% CAGR and reach US$4.1 Billion by the ... Read More
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Wheatgrass Products
... CAGR of 3.9% over the analysis period 2023-2030. Wheatgrass Powder, one of the segments analyzed in the report, is expected to record a 3.4% CAGR and reach US$124.7 Million by the end of the analysis ... Read More
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Fruit Drink & Functional Beverage Production in the UK - Industry Market Research Report
... lot of change, while facing some pandemic and inflation related turbulence. Increasingly health and sustainability conscious shoppers and new regulatory frameworks are shaping innovation efforts, altering the industry's competition DNA. This industry includes firms that ... Read More
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Kombucha Production in the US - Industry Market Research Report
... has emerged as a popular choice for health-conscious individuals. The industry has witnessed significant market expansion, with a wide range of flavors and varieties now available to consumers. Kombucha producers have tapped into consumer preferences ... Read More
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Global Functional Coffee Market 2024-2028
... 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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Health and Wellness in Norway
... food and a range of drinks on their health and wellbeing. The virus disproportionately affected those with underlying health conditions, such as obesity and diabetes, making people more conscious of the need to take care ... Read More
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Ketogenic Diet Market: Global Market Size, Forecast, Insights, and Competitive Landscape
... report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global ketogenic diet market by segmenting the market based on ... Read More
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The US Functional Drinks Market: Analysis By Type (Energy Drinks, Sports Drinks, and Nutraceutical Drinks), By Distribution Channel (Supermarket & Hypermarket, Specialty Stores, Online, and Others), Size and Trends with Impact of COVID-19 and Forecast up to 2029
... up to 2029 - Report Summary Report Metrics Details Years Considered 2019-2029 Base Year 2023 Forecast Period 2024-2029 Page Count 93 Units Referenced US$, Billion Liters Segments/Key Topics By Type, By Distribution Channel Regions Covered ... Read More
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Seaweed Extract: Global Markets
... forecast period from 2024 to 2029; and it uses supply side to estimate market size. This report covers key aspects of the seaweed extract market, including technological advances, economic factors and business considerations, to provide ... Read More
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Superfoods Market Report by Product Type (Fruits, Vegetables, Grains and Seeds, Herbs and Roots, Meat, and Others), Application (Bakery And Confectionery, Beverages, Supplements, Convenience/Ready-To-Eat Foods, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Independent Small Grocery Stores, Online Sales, and Others), and Region 2024-2032
... Stores, Independent Small Grocery Stores, Online Sales, and Others), and Region 2024-2032 The global superfoods market size reached US$ 171.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 262.3 Billion ... Read More
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Trend Opportunity Profile Series—Health, Wellness, and Nutrition (4th Edition)
... and nutrition that help accelerate advancements in this space. The six trends covered are personalized disease management, clinical decision support systems, virtual wellness programs, healthy aging, functional beverages, and wellness metaverse. Under each trend, we ... Read More
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Tea Polyphenols Market: Global Market Size, Forecast, Insights, and Competitive Landscape
... provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global tea polyphenols by categorising the market based on various segments ... Read More
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Global Infant Probiotics Raw Material Powder Market Research Report 2024(Status and Outlook)
... Infant probiotics can quickly establish and maintain normal flora in the baby's gut. Two major families of probiotics include Lactobacillus and Bifidobacterium. Among them, the effect of Lactobacillus on infants is basically similar to that ... Read More
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Global Smoothies Market 2024-2028
... 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 trends and drivers, ... Read More
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Global Flavonoids Market 2024-2028
... 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 trends and ... Read More
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Seaweeds
... of 9.7% over the analysis period 2023-2030. Red Seaweed, one of the segments analyzed in the report, is expected to record a 10.0% CAGR and reach US$13.6 Billion by the end of the analysis period. ... Read More
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Vitamin Fortified and Mineral Enriched Food & Beverage
... Beverage estimated at US$80.6 Billion in the year 2023, is expected to reach US$123.0 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2023-2030. Foods Application, one of the segments analyzed ... Read More
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Flavonoids
... of 3.5% over the analysis period 2023-2030. Isoflavones, one of the segments analyzed in the report, is expected to record a 4.0% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth ... Read More
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Bioactive Ingredients
... growing at a CAGR of 5.1% over the period 2023-2030. Fibers & Specialty Carbohydrates, one of the segments analyzed in the report, is expected to record 5.7% CAGR and reach US$24.5 Billion by the end ... Read More
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