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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Europe Probiotic Desserts Market Size, Share & Industry Trends Analysis Report By Type (Dairy Based and Plant Based), By Application, By Distribution Channel (Specialty Stores, Hypermarket & Supermarket, Ecommerce), By Country and Growth Forecast, 2022 - 2028
... - 2028 The Europe Probiotic Desserts Market would witness market growth of 6.0% CAGR during the forecast period (2022-2028). Consumers are using probiotics to address specific health issues, and the quantity and variety of bacteria ... Read More
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Global Chaga Mushroom Market Size, Share & Industry Trends Analysis Report By Nature, By Form, By End Use (Food & Beverage Industry, Dietary Supplements, Pharmaceuticals and Cosmetics & Personal Care), By Regional Outlook and Forecast, 2022 - 2028
... 2022 - 2028 The Global Chaga Mushroom Market size is expected to reach $1.1 billion by 2028, rising at a market growth of 6.9% CAGR during the forecast period. Chaga mushroom (Inonotus obliquus) is a ... Read More
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Europe Citrus Concentrate Market Size, Share & Industry Trends Analysis Report By Nature, By Source, By Form (Liquid, and Dry), By Sales Channel, By End-use (Food & Beverages, Pharmaceuticals, Nutraceuticals), By Country and Growth Forecast, 2022 - 2028
... 2022 - 2028 The Europe Citrus Concentrate Market would witness market growth of 4.6% CAGR during the forecast period (2022-2028). The water is taken out of freshly squeezed fruit and vegetable juice to create fruit ... Read More
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North America Pea Derivatives Market Size, Share & Industry Trends Analysis Report By Application (Meat Substitutes, Bakery Goods, Dietary Supplements, Beverages, and Others), By Type, By Country and Growth Forecast, 2022 - 2028
... America Pea Derivatives Market would witness market growth of 10.0% CAGR during the forecast period (2022-2028). Pea and pea derivatives have several positive health effects, including a decrease in the incidence of colon cancer and ... Read More
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North America Chaga Mushroom Market Size, Share & Industry Trends Analysis Report By Nature, By Form, By End Use (Food & Beverage Industry, Dietary Supplements, Pharmaceuticals and Cosmetics & Personal Care), By Country and Growth Forecast, 2022 - 2028
... Forecast, 2022 - 2028 The North America Chaga Mushroom Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028). Mushrooms are often consumed due to their outstanding medicinal benefits, which include helping ... Read More
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Botanical Ingredients Market Size, Share & Trends Analysis Report By Source (Spices, Flowers), By Form (Powder, Liquid), By Application (Food & Beverage, Personal Care & Cosmetics), By Region, And Segment Forecasts, 2023 - 2030
... Ingredients Market Growth & Trends The global botanical ingredients market size is expected to reach USD 281.41 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of ... Read More
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Global Human Nutritional Ingredients Market (2023 Edition): Analysis By Product Type (Vitamins and Minerals, Premixes, Probiotics, Others), Applications, Sales Channel, By Region, By Country: Market Size, Insights, Competition, Covid-19 Impact and Forecast (2023-2028)
... has released a research report named “Human Nutritional Ingredients Market (2023 Edition)” which provides a complete analysis of the global Human Nutritional Ingredients industry in terms of market segmentation by Product Type (Vitamins and Minerals, ... Read More
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Probiotics Market Size By Ingredients (Lactobacilli, Bifidobacterium, Streptococcus, Bacillus), By End-Use (Human, Animal), By Application (Food and Beverages, Dietary Supplements, Animal Feed) & Forecast, 2023 - 2032
... through 2032 owing to the growth of the functional food industry. Probiotics demand is largely influenced by growing customer health awareness as well as demand for food and beverage supplements, both of which are driving ... Read More
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Europe Chaga Mushroom Market Size, Share & Industry Trends Analysis Report By Nature, By Form, By End Use (Food & Beverage Industry, Dietary Supplements, Pharmaceuticals and Cosmetics & Personal Care), By Country and Growth Forecast, 2022 - 2028
... 2022 - 2028 The Europe Chaga Mushroom Market would witness market growth of 6.4% CAGR during the forecast period (2022-2028). Chaga mushrooms have been shown to improve absorption and help fight other illnesses, including diabetes ... Read More
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Europe Pea Derivatives Market Size, Share & Industry Trends Analysis Report By Application (Meat Substitutes, Bakery Goods, Dietary Supplements, Beverages, and Others), By Type, By Country and Growth Forecast, 2022 - 2028
... Derivatives Market would witness market growth of 10.2% CAGR during the forecast period (2022-2028). Pea protein concentrate and isolate are also produced using a variety of extraction processes, including salt extraction, wet fractionation, dry fractionation, ... Read More
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North America Probiotic Desserts Market Size, Share & Industry Trends Analysis Report By Type (Dairy Based and Plant Based), By Application, By Distribution Channel (Specialty Stores, Hypermarket & Supermarket, Ecommerce), By Country and Growth Forecast, 2022 - 2028
... 2022 - 2028 The North America Probiotic Desserts Market would witness market growth of 6.1% CAGR during the forecast period (2022-2028). Ice creams made with bovine milk frequently contain probiotic microorganisms. Non-dairy probiotic frozen sweets, ... Read More
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Global Probiotic Desserts Market Size, Share & Industry Trends Analysis Report By Type (Dairy Based and Plant Based), By Application, By Distribution Channel (Specialty Stores, Hypermarket & Supermarket, Ecommerce), By Regional Outlook and Forecast, 2022 - 2028
... - 2028 The Global Probiotic Desserts Market size is expected to reach $1 billion by 2028, rising at a market growth of 6.6% CAGR during the forecast period. Probiotic desserts contain live microorganisms called probiotics, ... Read More
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Global Pea Derivatives Market Size, Share & Industry Trends Analysis Report By Application (Meat Substitutes, Bakery Goods, Dietary Supplements, Beverages, and Others), By Type, By Regional Outlook and Forecast, 2022 - 2028
... Derivatives Market size is expected to reach $5 billion by 2028, rising at a market growth of 10.6% CAGR during the forecast period. The pea, or Pisum sativum, is a significant food source high in ... Read More
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Food Dietary Fibers Market Size By Product (Soluble [Inulin, Pectin, Polydextrose, Beta-Glucan, Fructooligosaccharides, Galactooligosaccharides, Corn Fiber], Insoluble [Cellulose, Hemicellulose, Chitin & Chitosan, Lignin, Fiber/Bran, Resistant Starch]), By Source & Forecast 2023- 2032
... Market is slated to expand exceptionally through 2032 owing to the increasing demand for dietary supplements credited to the accelerating consumer inclination toward a healthy lifestyle as well as novel product developments. The consumption of ... Read More
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Vitamins Market by Type (Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, & Vitamin K), Application (Healthcare Products, Food & Beverages, Feed, and Personal Care Products), Source (Synthetic and Natural) and Region - Global Forecast to 2028
... Global Forecast to 2028 According to MarketsandMarkets, the vitamins market size is estimated to be valued at USD 6.7 billion in 2023 and is projected to reach USD 8.9 billion by 2028, recording a CAGR ... Read More
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Global Personalized Nutrition Market - Market Size & Forecast To 2032
... a CAGR of 16.20% during the forecast period. The increasing digital healthcare trend and changing customer preferences owing to growing health awareness are expected to drive the personalized nutrition market demand during the forecast period. ... Read More
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Global Probiotics Market - Market Size & Forecast To 2032
... forecast period from 2023 to 2032. Probiotics are living microorganisms that are meant to improve one's health whether taken orally or topically. They can be found in yoghurt and other fermented foods, nutritional supplements, and ... Read More
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Saudi Arabia Prebiotic Ingredients Market - By Type (Fructo-oligosaccharide, Oligosaccharide, Galacto-oligosaccharide, Insulin, Others); By Application (Food & Beverages, Dietary Supplements, Infant Formula, Animal Nutrition); By Source (Roots, Grains, Vegetables); By Function (Gut Health, Bone Health, Immunity, Heart Health, Weight Management), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
... Immunity, Heart Health, Weight Management), Trend Analysis, Competitive Landscape & Forecast, 2019–2029 Saudi Arabia Prebiotic Ingredients Market Size Growing at Steady CAGR of 5.2% to Cross USD 121 Million by 2029 Saudi Arabia prebiotic ingredients ... Read More
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Global Functional Jellies and Gummies Market Growth 2023-2029
... at a CAGR of % from 2023 to 2029. United States market for Functional Jellies and Gummies is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of ... Read More
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North America Millet Seeds Market by Product (Foxtail Millet, Proso Millet, Finger Millet, Pearl Millet, Others); by Distribution Channel (Online, Traditional Grocery Stores, Trade Associations, Supermarkets); by Application (Fodder, Breakfast Food, Beverages, Infant Food, Steam cooked products, Porridges, Breads, Bakery Products), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
... cooked products, Porridges, Breads, Bakery Products), Trend Analysis, Competitive Landscape & Forecast, 2019–2029 North America Millet Seeds Market Size Growing Steadily to Cross USD 3.54 Billion by 2029 North America millet seeds market is flourishing ... Read More
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Cannabis Beverages: Raising a Glass to New Rituals and Disrupting Drinks Ecosystems
... in Ancient Greece and a coffee takeaway in any contemporary metropolitan city have beverages as the common thread running through them ; Cannabis drinks, hold the potential to disrupt established drinks ecosystems and radically reshape ... Read More
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Hemp-Based Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
... reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 15.1% during 2023-2028. Hemp-based food is rich in omega-3 fatty acids, vitamins, minerals, zinc, folate, calcium, iron, magnesium, potassium, fiber, and other essential ... Read More
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Ready-to-Drink Protein Beverages Market by Source (Whey, Casein, Soy, and Others), Type (Weight Management Drinks, Clinical Drinks, Energy Drinks, Juice Drinks, and Others), Packaging Type (Bottles, Cans, and Others), Distribution Channel (Supermarkets an
... Specialist Stores, Online Stores, and Others), and Region 2023-2028 Market Overview: The global ready-to-drink protein beverages market size reached US$ 1.51 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.32 ... Read More
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Maple Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
... to reach US$ 1,182 Million by 2028, exhibiting a growth rate (CAGR) of 22.5% during 2023-2028. Maple water refers to a clear liquid, or sap, extracted and collected from maple trees. It is a rich ... Read More
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Dairy Nutrition Market, By Ingredient (Whey Protein, Casein Protein, Prebiotics, Vitamins & Minerals, Colostrum, and Nucleotides) and By Application (Functional Foods, Infant Formula & Clinical, Dairy Products, Bakery & Confectionary, and Personal Care), By Region (North America, Latin America, Europe, Middle East, Africa, Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
... (North America, Latin America, Europe, Middle East, Africa, Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030 Dairy products are vital source of nutrition for maintaining overall health. Rising demand for dairy protein ... Read More
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