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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Argentina Functional Beverage Market Overview, 2030
... issues, such as digestive health, energy, immunity, and weight management, often incorporating ingredients like probiotics, antioxidants, and vitamins. The market has evolved significantly over the past two decades, starting with the introduction of functional drinks ... Read More
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Commercial Seaweeds
... CAGR of 8.4% over the analysis period 2024-2030. Red Seaweeds, one of the segments analyzed in the report, is expected to record a 8.3% CAGR and reach US$18.0 Billion by the end of the analysis ... Read More
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Fatty Acid Supplements
... at a CAGR of 11.7% over the analysis period 2024-2030. Marine Oils, one of the segments analyzed in the report, is expected to record a 11.2% CAGR and reach US$11.8 Billion by the end of ... Read More
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Wheatgrass Products
... CAGR of 3.8% over the analysis period 2024-2030. Wheatgrass Powder, one of the segments analyzed in the report, is expected to record a 3.3% CAGR and reach US$124.7 Million by the end of the analysis ... Read More
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Chlorella
... 5.7% over the analysis period 2024-2030. Chlorella Vulgaris, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$138.8 Million by the end of the analysis period. Growth ... Read More
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Algal Oils
... CAGR of 12.4% over the analysis period 2024-2030. Food & Beverage Application, one of the segments analyzed in the report, is expected to record a 14.7% CAGR and reach US$775.5 Million by the end of ... Read More
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Functional Proteins
... CAGR of 3.8% over the analysis period 2024-2030. Whey Protein Isolates, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$1.9 Billion by the end of the ... Read More
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Probiotics Dietary Supplements
... at a CAGR of 5.8% over the analysis period 2024-2030. Capsules Form, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$4.2 Billion by the end of ... Read More
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Rice Protein
... CAGR of 2.3% over the analysis period 2024-2030. Rice Protein Isolates, one of the segments analyzed in the report, is expected to record a 2.2% CAGR and reach US$497.4 Million by the end of the ... Read More
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Heart Healthy Ingredients
... at a CAGR of 4.2% over the analysis period 2024-2030. Omega-3 Ingredient, one of the segments analyzed in the report, is expected to record a 4.7% CAGR and reach US$12.4 Billion by the end of ... Read More
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Germany Functional Food Market Overview, 2030
... that offer additional health benefits beyond basic nutrition. Functional foods, which include ingredients designed to promote health or reduce the risk of disease, are gaining traction in Germany’s diverse and mature food market. The aging ... Read More
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Canada Functional Food Market Overview, 2030
... and natural health products, all designed to offer additional health benefits beyond basic nutrition. As more Canadians become health-conscious, the demand for functional foods that support immunity, digestion, heart health, and overall well-being is on ... Read More
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Saudi Arabia Functional Food Market Overview, 2030
... an increasing shift toward functional foods that provide additional health benefits. Functional foods are increasingly being seen not just as a way to enhance nutritional intake, but also as a tool to prevent and manage ... Read More
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Tea Polyphenols
... CAGR of 3.7% over the analysis period 2024-2030. 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 of the ... Read More
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Polyphenols
... 7.2% over the analysis period 2024-2030. Functional Beverages Application, one of the segments analyzed in the report, is expected to record a 8.2% CAGR and reach US$855.9 Million by the end of the analysis period. ... Read More
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Vitamin Fortified and Mineral Enriched Food & Beverage
... 2024, is expected to reach US$123.0 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2024-2030. Foods Application, one of the segments analyzed in the report, is expected to record a ... Read More
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Prebiotics
... 11.0% over the analysis period 2024-2030. Inulin Ingredient, one of the segments analyzed in the report, is expected to record a 9.7% CAGR and reach US$5.0 Billion by the end of the analysis period. Growth ... Read More
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Functional Bars
... CAGR of 5.6% over the analysis period 2024-2030. Protein-Rich Bars, one of the segments analyzed in the report, is expected to record a 6.3% CAGR and reach US$953.7 Million by the end of the analysis ... Read More
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United States Functional Food Market Overview, 2030
... additional health benefits beyond basic nutrition, have become a key component of the American diet. These foods cater to a variety of health needs, including boosting immunity, enhancing mental well-being, and preventing chronic diseases such ... Read More
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India Functional Food Market Overview, 2030
... an integral part of the Indian consumer’s lifestyle. The Food Safety and Standards Authority of India (FSSAI) plays a central role in regulating this dynamic sector, ensuring product safety and enforcing stringent guidelines for health ... Read More
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Argentina Functional Food Market Overview, 2030
... heritage, with the country being one of the world’s largest producers of meat, dairy, and grains. This has naturally extended into the functional food sector, as consumers look for ways to enhance their diets and ... Read More
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Columbia Functional Food Market Overview, 2030
... health products, all designed to offer additional health benefits beyond basic nutrition. With a focus on preventive healthcare, consumers are increasingly turning to functional foods to support their overall well-being. The market is also seeing ... Read More
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Carob Powder
... CAGR of 5.7% over the analysis period 2024-2030. Natural Carob Powder, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$48.7 Million by the end of the ... Read More
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United Kingdom Functional Food Market Overview, 2030
... consumers are becoming more proactive in choosing foods that offer additional health benefits beyond basic nutrition. Functional foods, which are enriched with ingredients such as vitamins, minerals, probiotics, and fibers, are gaining traction as consumers ... Read More
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Mexico Functional Food Market Overview, 2030
... of Mexican diets as awareness about preventive healthcare increases. This shift is supported by a regulatory environment that ensures product safety and transparency. The Federal Commission for the Protection against Sanitary Risks (COFEPRIS) is the ... Read More
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