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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North America Bioactive Ingredients Market Size, Share & Industry Trends Analysis Report By Product (Fiber, Vitamins, Minerals, Carotenoids & Antioxidants, Plant Extracts, Omega 3 PUFA, Probiotics), By Application, By Country and Growth Forecast, 2022 - 2028
... 2028 The North America Bioactive Ingredients Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028). The market for bioactive ingredients is expanding as individuals become more conscious of their health problems. ... Read More
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Europe Bioactive Ingredients Market Size, Share & Industry Trends Analysis Report By Product (Fiber, Vitamins, Minerals, Carotenoids & Antioxidants, Plant Extracts, Omega 3 PUFA, Probiotics), By Application, By Country and Growth Forecast, 2022 - 2028
... The Europe Bioactive Ingredients Market would witness market growth of 7.0% CAGR during the forecast period (2022-2028). Bioactive substances' anti-inflammatory, anti-allergic, anti-microbial, and antiviral capabilities significantly impact human health when consumed. These chemicals improve metabolic ... Read More
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Europe Lactase Market Size, Share & Industry Trends Analysis Report By Application (Food & Beverages and Pharmaceutical Products & Dietary Supplements), By Country and Growth Forecast, 2022 - 2028
... market growth of 6.3% CAGR during the forecast period (2022-2028). In the food and beverage sector, the lactase enzyme is employed to hydrolyze lactose, which is present in milk as well as dairy products. In ... Read More
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2023 Global: Cellulose And Its Chemical Derivatives, N.E.C., In Primary Forms Products-Manufacturing Forecast (2029) report
... projected growth/decline and regional data for the period 2018 through 2029. Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and ... Read More
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Digestive Health Global Market Briefing 2023
... market is expected to grow from $48.98 billion in 2022 to $146.6 billion in 2032 at a CAGR of 11.59%. Digestive Health Global Market Briefing 2023 provides strategists, marketers and senior management with the critical ... Read More
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Hemp Based Foods Global Market Briefing 2023
... hemp based foods market is expected to grow from $5007.34 million in 2022 to $11712.21 million in 2032 at a CAGR of 8.87%. Hemp Based Foods Global Market Briefing 2023 provides strategists, marketers and senior ... Read More
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Global Nutritional/Functional Bars Market Size study & Forecast, by Material by Type (Fiber bars, Protein Bars, Others), By Nature (Gluten Free, Non-GMO Free, Others), by Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Specialty Stores, Online Sales Channel, Others), and Regional Analysis, 2022-2029
... Others), and Regional Analysis, 2022-2029 Global Nutritional/Functional Bars 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 ... Read More
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Global Milk Mineral Concentrate Market Size study & Forecast, by Calcium Content (Less than 20%, About 20-25%, and About 26-30%), By Granularity (Standard Powder and Micronized Powder), Application (Functional Food, Infant Formula, Sports nutrition, Beverages, Dietary Supplement, and Others) and Regional Analysis, 2022-2029
... Dietary Supplement, and Others) and Regional Analysis, 2022-2029 Global Milk Mineral Concentrate Market is valued at approximately USD 103 million in 2021 and is anticipated to grow with a healthy growth rate of more than ... Read More
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Glucosinolates Market Size, By Extract (Broccoli {Functional Food, Dietary Supplements, Cosmetics}, Mustard Seed {Food & Beverages, Cosmetics, Pharmaceuticals}, Brussel Sprouts {Food & Beverages, Cosmetics, Pharmaceuticals}, Cabbage {Food & Beverages, Dietary Supplements, Cosmetics}), Industry Analysis Report, Regional Outlook, Application Potential, Covid-19 Impact Analysis, Price Trends, Competitive Market Share & Forecast, 2023-2032
... Regional Outlook, Application Potential, Covid-19 Impact Analysis, Price Trends, Competitive Market Share & Forecast, 2023-2032 Glucosinolates Market is anticipated to grow considerably through 2032, owing to the increasing awareness among consumers regarding the qualities of ... Read More
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South & Central America Probiotic Supplements Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Capsules and Tablets, Gummies, Powder, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
... Online Retail, and Others) The South & Central America probiotic supplements market is expected to grow from US$ 571.15 million in 2022 to US$ 849.90 million by 2028. It is estimated to grow at a ... Read More
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North America Probiotic Supplements Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Capsules and Tablets, Gummies, Powder, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
... and Others) The North America probiotic supplements market is expected to grow from US$ 2,598.29 million in 2022 to US$ 3,791.38 million by 2028. It is estimated to grow at a CAGR of 6.5% from ... Read More
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Global Protein Supplements Market Size study & Forecast, by Source (Animal-based, Plant-based) by Product (Protein Powder, Protein Bars, Ready to Drink, Others), by Application (Sports Nutrition, Functional Food), by Distribution Channel (Supermarkets & Hypermarkets, Online Stores, Direct to Customers (DTC), Others), and Regional Analysis, 2022-2029
... Stores, Direct to Customers (DTC), Others), and Regional Analysis, 2022-2029 Global Protein Supplements Market is valued at approximately USD 6.26 billion in 2021 and is anticipated to grow with a healthy growth rate of more ... Read More
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Middle East & Africa Probiotic Supplements Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Capsules and Tablets, Gummies, Powder, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
... Online Retail, and Others) The Middle East & Africa probiotic supplements market is expected to grow from US$ 271.77 million in 2022 to US$ 437.23 million by 2028. It is estimated to grow at a ... Read More
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Bioactive Ingredients Market Analysis And Forecast To 2032: By Product (Fiber, Vitamins, Omega PUFA, Plant Extracts, Minerals, Carotenoids & Antioxidants, Probiotics, Other), By Application (Functional Food & Beverage, Dietary Supplements, Clinical Nutrition, Personal Care, Other) And Region
... A bioactive ingredient is a component of a plant or animal that has a biological effect on the body. These substances are often found in foods and are responsible for the health benefits associated with ... Read More
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Middle East & Africa Fish Protein Isolates Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Form (Powder and Liquid) and Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care, and Animal Nutrition)
... Nutrition) The Middle East & Africa fish protein isolates market is expected to grow from US$ 91.44 million in 2022 to US$ 123.22 million by 2028. It is estimated to grow at a CAGR of ... Read More
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Asia Pacific Probiotic Supplements Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Capsules and Tablets, Gummies, Powder, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
... and Others) The Asia Pacific probiotic supplements market is expected to grow from US$ 2,212.18 million in 2022 to US$ 3,776.63 million by 2028. It is estimated to grow at a CAGR of 9.3% from ... Read More
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Europe Fish Protein Isolates Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Form (Powder and Liquid) and Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care, and Animal Nutrition)
... fish protein isolates market is expected to grow from US$ 308.19 million in 2022 to US$ 384.15 million by 2028. It is estimated to grow at a CAGR of 3.7% from 2022 to 2028. Surge ... Read More
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Global Low-fat Non-Dairy Beverages Market Growth 2023-2029
... comprehensive analysis by region and market sector of projected Low-fat Non-Dairy Beverages sales for 2023 through 2029. With Low-fat Non-Dairy Beverages sales broken down by region, market sector and sub-sector, this report provides a detailed ... Read More
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Global Probiotics Detection Service Market Growth (Status and Outlook) 2023-2029
... 2022, providing a comprehensive analysis by region and market sector of projected Probiotics Detection Service sales for 2023 through 2029. With Probiotics Detection Service sales broken down by region, market sector and sub-sector, this report ... Read More
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Global Food Grade Probiotics Market Growth 2023-2029
... comprehensive analysis by region and market sector of projected Food Grade Probiotics sales for 2023 through 2029. With Food Grade Probiotics sales broken down by region, market sector and sub-sector, this report provides a detailed ... Read More
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Commercial Seaweed Market - Growth, Trends, and Forecast (2023 - 2028)
... edible seaweed drive the commercial seaweed market. Most of the commercially produced seaweed is used in the food industry. Globally, seaweeds are gaining popularity as part of the staple diet, food flavor enhancers, and nutritious ... Read More
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Probiotic Ingredients Market - Growth, Trends, and Forecasts (2023 - 2028)
... a driving force within the booming digestive health supplements category. High consumption is observed among millennials due to the growing awareness regarding health and wellness through multi-channel publicity, which has influenced their consumption pattern to ... Read More
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North America Probiotic Products Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... COVID-19 pandemic has changed peoples’ eating and drinking habits. People have become more conscious about the food they consume on a day-to-day basis. With the sudden impact of the pandemic, the market witnessed a surge ... Read More
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Probiotic Drinks Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
... pandemic, the health benefits of probiotic drinks have been instrumental in driving the market's growth. The probiotic drinks market is driven by a paradigm shift toward preventive health management practices amid rising healthcare costs and ... Read More
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Avocado and Avocado Derivatives Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Type (Whole, Oil, Puree, and Others), Category (Organic and Conventional), and Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others),
... and Others), The avocado and avocado derivatives market is projected to reach US$ 9,963.37 million by 2028 from US$ 7,368.65 million in 2022. It is expected to grow at a CAGR of 5.2% from 2022 ... Read More