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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Beta-Glucan Market by Source (Cereal, Mushroom, Yeast and Seaweed), Application (Food & Beverage, Personal Care, Pharmaceutical, Dietary Supplement, Animal Feed), and Region (North America, Europe, APAC, Latin America and RoW) - Global Forecast to 2028
... The beta-glucan market is projected to grow from USD 501 Million in 2023 to USD 734 Million by 2028, at a CAGR of 7.9% during the forecast period. The market is anticipated to grow due ... Read More
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Probiotic Dietary Supplements Global Market Opportunities And Strategies To 2032
... information they need to assess the global probiotic dietary supplements market as it emerges from the COVID 19 shut down. Reasons to Purchase Gain a truly global perspective with the most comprehensive report available on ... Read More
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Europe Phycocyanin Market by Form (Powder, Liquid), Grade (Food Grade Phycocyanin, Cosmetic Grade Phycocyanin, Reagent and Analytical Grade Phycocyanin), Application (Food and Beverages, Pharmaceuticals and Nutraceuticals)–Forecast To 2030
... Grade (Food Grade Phycocyanin, Cosmetic Grade Phycocyanin, Reagent and Analytical Grade Phycocyanin), Application (Food and Beverages, Pharmaceuticals and Nutraceuticals)–Forecast to 2030 The research report titled, ‘Europe Phycocyanin Market by Form (Powder, Liquid), Grade (Food Grade ... Read More
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Europe Chlorella Market by Cultivation Method (Autotrophic), Product (Extracts), Source (Chlorella Vulgaris, Chlorella Pyrenoidosa or Sorokiniana), Application (Nutraceuticals, Food and Beverages, Animal Feed), Distribution Channel (B2C) – Forecast to 203
... Method (Autotrophic), Product (Extracts), Source (Chlorella Vulgaris, Chlorella Pyrenoidosa or Sorokiniana), Application (Nutraceuticals, Food and Beverages, Animal Feed), Distribution Channel (B2C) - Forecast to 2030 The research report titled, ‘Europe Chlorella Market by Cultivation Method ... Read More
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Europe Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) - Forecast to 2030
... Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture)—Forecast to 2030 The research report titled, ‘Europe Spirulina Market by Product Type (Powder, Tablets, ... Read More
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Phycocyanin Market by Form (Powder, Liquid), Grade (Food Grade Phycocyanin, Cosmetic Grade Phycocyanin, Reagent and Analytical Grade Phycocyanin), Application (Food and Beverages, Pharmaceuticals and Nutraceuticals), Geography - Global Forecast to 2030
... (Powder, Liquid), Grade (Food Grade Phycocyanin, Cosmetic Grade Phycocyanin, Reagent and Analytical Grade Phycocyanin), Application (Food and Beverages, Pharmaceuticals and Nutraceuticals), Geography - Global Forecast To 2030 The research report titled, ‘Phycocyanin Market by Form ... Read More
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Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) - Global Forecast to 2030
... (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) - Global Forecast to 2030 The research report titled, ‘Spirulina Market by Product Type (Powder, ... Read More
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Europe Microalgae Market by Type (Spirulina, Chlorella, Nannochloropsis), Category (Organic), Production Technique (Ponds, Fermenters, PBR), Distribution Channel (B2C, B2B), Application (Nutraceuticals, Food & Beverages), and Geography - Forecast to 2030
... (Spirulina, Chlorella, Nannochloropsis), Category (Organic), Production Technique (Ponds, Fermenters, PBR), Distribution Channel (B2C, B2B), Application (Nutraceuticals, Food & Beverages), and Geography—Forecast to 2030 The research report titled, ‘Europe Microalgae Market by Type (Spirulina, Chlorella, Nannochloropsis), ... Read More
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Europe Seaweed Market by Type (Red Seaweed, Brown Seaweed, Green Seaweed), Form (Dry Form [Powder, Flakes], and Liquid Form), Application (Food and Beverage, Hydrocolloids Extraction, Animal Feed, Agriculture), and Geography - Forecast to 2030
... Seaweed Market by Type (Red Seaweed, Brown Seaweed, Green Seaweed), form (Dry form [Powder, Flakes], and Liquid Form), Application (Food and Beverage, Hydrocolloids Extraction, Animal Feed, Agriculture), and Geography – Forecast to 2030 According to ... Read More
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Functional Food and Beverages Market by Type (Bakery Products, Confectionery Products, Snacks, Energy Drinks, Sports Drinks), Application (Health & Wellness, Immunity, Clinical Nutrition, Cardio Health), Distribution Channel - Global Forecast to 2030
... Beverages Market by Type (Bakery Products, Confectionery Products, Snacks, Energy Drinks, Sports Drinks), Application (Health & Wellness, Immunity, Clinical Nutrition, Cardio Health), Distribution Channel—Global Forecast to 2030 The research report titled, ‘Functional Food and Beverages ... Read More
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Fungal Protein Market By Type (Fusarium Venenatum Extract, Mushrooms, Yeast Extract), Application (Food & Beverage {Beverages, Bakery}, Animal Nutrition {Poultry Feed, Aquafeed}, Pharmaceuticals, and Other Applications), and Geography - Global Forecast to
... Market By Type (Fusarium Venenatum Extract, Mushrooms, Yeast Extract), Application (Food & Beverage {Beverages, Bakery}, Animal Nutrition {Poultry Feed, Aquafeed}, Pharmaceuticals, and Other Applications), and Geography - Forecast to 2029 According to the research report ... Read More
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Whey Protein Concentrate Market By Composition (WPC - 35, WPC - 80), By Form (Powder, Cream), By Nature (Organic, Conventional), By End Use (Infant Formula & Baby Foods, Dietary Supplements, Food Processing, Sports Nutrition, Beverages) & Region – Global Market Insights 2023 to 2033
... & Region – Global Market Insights 2023 to 2033 Whey Protein Concentrate market - Scope of Report A recent study by Fact.MR on the Whey Protein Concentrate market offers a 10-year forecast for 2023 to ... Read More
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Functional Ingredients Market Size, Share & Trends Analysis Report By Product (Probiotics, Rice Protein), By Application (Food & Beverages, Pharmaceuticals), By Region, And Segment Forecasts, 2023 - 2030
... global functional ingredients market size is expected to reach USD 122.3 billion by 2030, expanding at 6.6% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. Factors such as ... Read More
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USA Trend Report: Shoppers' Journey Towards Living & Eating Healthier
... behaviors around health, nutrition, and food choice. For 30 years, we’ve tracked the evolution of consumer interest and involvement in hundreds of topics. In addition to long-trended topics, we tailor each round of the study ... Read More
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Global Microbial Culture Market Size study & Forecast, by Type (Starter Cultures, Adjunct and Aroma Cultures, and Probiotics), by End-user Industry (Bakery and Confectionery, Dairy, Fruits and Vegetables, Beverages, and Other End-user Industries), and Regional Analysis, 2022-2029
... Analysis, 2022-2029 The global Microbial Culture Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period ... Read More
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North America Probiotic Products Market - Growth, Trends, and Forecasts (2023 - 2028)
... COVID-19 pandemic changed people's eating and drinking habits. People have become more conscious of the food they consume on a daily basis. With the sudden impact of the pandemic, the market witnessed a surge in ... Read More
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Probiotics Market - Growth, Trends, and Forecasts (2023 - 2028)
... that give more benefits in less quantity and improve their immune systems. Probiotics have plenty of benefits for all age groups, due to which the market witnessed a surge in demand for immunity-boosting products. The ... Read More
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Nutraceutical Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
... the nutraceuticals segment, like the probiotic segment, can be considered the reason for volatile lifestyle and eating practices, rising consciousness about the physical fitness benefits of probiotics over digestive health, and increasing utilization of probiotics ... Read More
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Botanicals Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
... medical properties. Botanicals are derived from plants. Specifically, in the health and wellness field, this term refers to plants or parts of plants with medicinal value or health benefits. Botanicals are modified into botanical preparations, ... Read More
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South America Functional Beverage Market - Growth, Trends, and Forecasts (2023 - 2028)
... Health and wellness trends are a big reason why people want drinks that do more than just taste good.As health and disease prevention claims are being made about beverages, consumers are becoming more and more ... Read More
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South America Soy Beverages Market - Growth, Trends, and Forecasts (2023 - 2028)
... population and an increasing number of people with lactose intolerance are the key factors driving the demand for soy milk as a primary milk alternative in the region. Also, the growth of dairy alternative milk ... Read More
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Asia Pacific Probiotics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
... driven by the robust demand for health-based products, like probiotics, among consumers, especially the younger generations. Probiotics are part of functional foods and beverages and are known for improving gut functionality, along with other benefits, ... Read More
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Specialty Food Ingredients Market - Growth, Trends, and Forecasts (2023 - 2028)
... the industry for specialty food ingredients essentially thrives on the wider technological and functional benefits that these ingredients confer in terms of high quality, safety, affordability, nutrition, and deliciousness of processed food products. The rise ... Read More
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Herbal Extract Market Size, Share & Trends Analysis Report By Type (Cherry, Aloe, Cranberry, Garlic, Turmeric, Ginseng, Cumin), By Application (Personal Care & Cosmetics, Food & Beverages, Animal Feed), By Region, And Segment Forecasts, 2023 - 2030
... - 2030 Herbal Extract Market Growth & Trends The global herbal extract market size is expected to reach USD 53.43 billion by 2030, expanding at a CAGR of 8.2% from 2023 to 2030, as per ... Read More
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APAC Heart Health Functional Food Market, By Product Type (Breakfast Cereals, Dairy Products, Edible Oil, Nutritional Bars, and Others (Eggs & Wine)), By Distribution Channel (Hypermarket, Supermarket, Departmental Store, and Grocery/ Retailer), And By Country(China, India, Japan, Singapore, Indonesia, Thailand, and Malaysia)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
... India, Japan, Singapore, Indonesia, Thailand, and Malaysia)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030 Functional food is considered as enhanced or enriched foods that provides essential nutrients such as vitamins and minerals for ... Read More
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