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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Global Medicinal Mushroom Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
... to make medical drugs. They contain one or more compounds that can have various health benefits as well, such as antiviral or anti-senescence properties. Many medical mushrooms also contain adapt genic properties which are under ... Read More
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Wheatgrass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
... by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028. Wheatgrass refers to the freshly sprouted leaves of the common wheat plant, Triticum aestivum. On account of its unusual green hue, wheatgrass is also ... Read More
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Probiotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
... 92.7 Billion by 2028, exhibiting a growth rate (CAGR) of 7.4% during 2023-2028. Probiotics are live microorganisms like bacteria and yeast, which are ingested or administered in the body to prevent and treat certain health ... Read More
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Lutein Market by Form (Powder & Crystalline, Oil Suspension, Beadlet, Emulsion), Source (Synthetic, Natural), Application (Dietary Supplements, Animal Feed, Food, Beverages,), Production Process and Region - Global Forecast to 2028
... was valued at USD 371 smillion in 2023 and is projected to reach USD 488 million by 2028, at a CAGR of 5.6% during the forecast period. People are actively seeking out products that provide ... Read More
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Japan Nutraceuticals Market Assessment, By Type [Dietary Supplements, Functional Foods, Functional Beverages, Others], By Form [Tablets, Capsules, Powder, Liquid, Others], By Source [Animal, Plant, Microbial], By Application [Health Benefits, Personal Care, Sports, Energy and Weight Management, Others], By Distribution Channel [Specialty Stores, Pharmacies, Online Retail Stores, Hypermarkets/Supermarkets, Convenience Stores], By Region, Opportunities, and Forecast, FY2017-FY2031F
... Management, Others], By Distribution Channel [Specialty Stores, Pharmacies, Online Retail Stores, Hypermarkets/Supermarkets, Convenience Stores], By Region, Opportunities, and Forecast, FY2017-FY2031F The Japan Nutraceuticals Market was estimated at USD 13.65 billion in FY2023 and is anticipated ... Read More
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Algae Protein Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
... global market for algae protein is experiencing significant growth as individuals worldwide become increasingly health conscious and seek healthier food options. Consumers are looking for products that provide additional nutritional value and contain all the ... Read More
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2023 Global Forecast for Probiotic Ingredients Market (2024-2029 Outlook)-High Tech & Emerging Markets Report
... or service category is within the NAICS Food Manufacturing industry. The product or service category is within the NAICS Food Manufacturing industry. The global market is expected to increase from USD xx billion in 2024 ... Read More
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2023 Global Forecast for Probiotic Strains Market (2024-2029 Outlook)-High Tech & Emerging Markets Report
... or service category is within the NAICS Food Manufacturing industry. The product or service category is within the NAICS Food Manufacturing industry. The global market is expected to increase from USD xx billion in 2024 ... Read More
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Seaweed Cultivation Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented by Type (Red Seaweeds, Brown Seaweeds, Green Seaweeds), By Method of Harvesting (Aquaculture/Industrial v/s Wild Harvesting/Traditional), By Form (Liquid, Powder, Flakes), By Application (Food & Feed, Agriculture, Pharmaceutical, Others), By Company, and By Region
... products, and growing adoption of advanced technology. Seaweed is a popular ingredient in various cuisines across the world. It's the best dietary source of iodine and contains various other vitamins and minerals, such as vitamin ... Read More
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UAE Nutraceuticals Market- By Application (Functional Beverages, Functional Food and Dietary Supplements), By Form (Liquid, Tablets, Capsules, Powder, and Others), By Source (Plant, Animal, and Microbial), By Distribution Channel (Specialty Stores, Online, Hypermarkets/Supermarkets, Pharmacies) By Region, Competition, Forecast, and Opportunities, 2028F
... Region, Competition, Forecast, and Opportunities, 2028F UAE Nutraceuticals Market is expected to grow at a significant rate during the forecast period 2024-2028. Over the course of the forecast period, the market is anticipated to be ... Read More
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Global Functional and Regular Soda Market (2023 Edition): Analysis by Category (Functional Soda, Regular Soda), Type (Standard, Diet, Fruit Flavored, Others), Distribution Channels, By Region, By Country: Market Insights and Forecast (2019-2029)
... Analytics has released a research report titled “Global Functional & Regular Soda Market (2023 Edition)” which provides a complete analysis of the Global Functional & Regular Soda industry in terms of market segmentation By Category ... Read More
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2023 Global Forecast for Prebiotic Ingredients Market (2024-2029 Outlook)-High Tech & Emerging Markets Report
... or service category is within the NAICS Chemical Manufacturing industry. The product or service category is within the NAICS Chemical Manufacturing industry. The global market is expected to increase from USD xx billion in 2024 ... Read More
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2023 Global Forecast for Probiotics Market (2024-2029 Outlook)-High Tech & Emerging Markets Report
... service category is within the NAICS Medical Laboratories industry. The product or service category is within the NAICS Medical Laboratories industry. The global market is expected to increase from USD xx billion in 2024 to ... Read More
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Argentina Probiotics Market Overview, 2028
... by the rising consumer preference for preventative healthcare as well as the discovery of effective probiotic strains. When ingested in sufficient quantities, probiotics have beneficial effects on the body, such as better gut health and ... Read More
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Colombia Probiotics Market Overview, 2028
... of the importance of gut health and the benefits of probiotics has fueled the demand for probiotic products on the market. Digestive health issues, such as irritable bowel syndrome, indigestion, and bloating, are prevalent in ... Read More
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United Arab Emirates (UAE) Probiotics Market Overview, 2028
... probiotic market is rapidly expanding as a result of growing concerns about wellness and overall well-being, particularly among the younger population. The creation of cutting-edge and unusual probiotic strains for specialised purposes is further propelling ... Read More
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United Kingdom (UK) Probiotics Market Overview, 2028
... is expanding as consumers' concerns about preventative healthcare and the efficacy of probiotic microorganisms on health develops. Demand for probiotics has risen due to a growth in the use of functional foods, which, in addition ... Read More
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Japan Probiotics Market Overview, 2028
... the cultural acceptance and familiarity of probiotics in Japan. In the mid-20th century, yoghurt gained popularity in Japan as a result of increased awareness about its health benefits. The introduction of yoghurt production techniques from ... Read More
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Australia Probiotics Market Overview, 2028
... probiotic products. Australian consumers have shown a strong interest in probiotics and their role in supporting digestive health, immunity, and overall well-being. There is a growing trend towards seeking natural and holistic approaches to health, ... Read More
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Mexico Probiotics Market Overview, 2028
... and overall well-being, the probiotic market in Mexico is experiencing remarkable growth. Mexican consumers are becoming increasingly health-conscious and seeking products that promote overall wellness. Probiotics, with their potential to support digestive health, boost the ... Read More
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India Probiotics Market Overview, 2028
... disorders such as gastroesophageal reflux disease, cancer, lactose intolerance, and hiatal hernia, combined with the growing number of women suffering from obesity, vaginal infections, and other issues, is creating a favourable market outlook in the ... Read More
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South Africa Probiotics Market Overview, 2028
... its impact on overall well-being, the demand for probiotics has increased. Consumers are actively seeking goods that boost digestive health, immunity, and overall wellness, making the market ripe for probiotic options. South Africa has a ... Read More
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North America Probiotics Market Outlook, 2028
... people in North America incorporate probiotics into their daily routines to promote overall wellness. North America has been at the forefront of conducting clinical research on probiotics. Numerous studies have investigated the efficacy of different ... Read More
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Global Probiotics Market Overview, 2023-28
... researched for their ability to improve gut health, strengthen the immune system, and promote general well-being. They work by restoring the balance of gut flora, which is essential for digestive health and immunological function. Probiotics ... Read More
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Global Probiotics Market Outlook, 2028
... ensure proper digestive system function. They can be taken orally or as supplements. Probiotics also protect healthy organisms from potentially dangerous ones. Products containing probiotics are currently utilized to identify and treat neurological abnormalities, digestive ... Read More
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