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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Health and Wellness in China
... 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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Europe Superfoods Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
... report on Europe superfoods market 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 Europe superfoods market by segmenting ... Read More
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Health and Wellness in New Zealand
... processed 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 ... Read More
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Global Reishi Mushroom 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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Spirulina Extracts
... at a CAGR of 9.3% over the analysis period 2023-2030. Arthrospira Platensis, one of the segments analyzed in the report, is expected to record a 10.0% CAGR and reach US$762.8 Million by the end of ... Read More
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Paleo Foods
... at a CAGR of 5.2% over the analysis period 2023-2030. Supermarkets / Hypermarkets Channel, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$8.2 Billion by the ... Read More
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Human Milk Oligosaccharides (HMO)
... 2030, growing at a CAGR of 13.3% over the analysis period 2023-2030. Infant Formula Application, one of the segments analyzed in the report, is expected to record a 12.9% CAGR and reach US$444.0 Million by ... Read More
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Dairy Blends Market Global Forecast Report by Types (Dairy Mixtures, Dairy/Nondairy ingredient, Dairy as Functional, Dairy as Carrier, Others), Application (Bakery, Ice-cream, Infant Formula, Others), Products (Powder, Spreadable, Liquid), Countries and Company Analysis 2024-2032
... Dairy Blends Market Size Global dairy blend market is expected to grow from US$ 4.18 billion in 2023 to US$ 8.19 billion by 2032, under a CAGR of 7.76% between 2024 and 2032. This particular ... 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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North America Probiotic Food Products Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Yogurt, Kombucha, Kefir, Cheese, Infant Formula, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, and Others), and Country
... Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, and Others), and Country The North America probiotic food products market size is projected to grow from US$ 12.04 billion in 2023 to US$ 19.69 billion by 2031; ... Read More
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Commercial Seaweeds
... at a CAGR of 8.5% over the analysis period 2023-2030. Red Seaweeds, one of the segments analyzed in the report, is expected to record a 8.4% CAGR and reach US$18.0 Billion by the end of ... Read More
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Tea Polyphenols
... at a CAGR of 3.6% over the analysis period 2023-2030. 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 ... Read More
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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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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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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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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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Global Kefir Market Size study, by Product Type (Dairy-based, Non-dairy based), by Nature (Organic, Conventional), by Category (Flavored, Non-flavored), by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail) and Regional Forecasts 2022-2032
... Market is valued at approximately USD 1.52 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2024-2032. Kefir, a fermented beverage made from ... Read More
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Global Kefir Industry Trends Analysis Report 2024, Forecast to 2032 (Broken Down by Type, End User, Regional Analysis, and Competitive Landscape)
... and quantitative analysis of the market, sharing concrete numbers and thorough insights from different market segments. The quantitative analysis includes both historical and forecast data of various market segments, while the qualitative analysis of market ... 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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