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 Functional Food Ingredients Market Databank
... 2021 to 2029. Probiotics segment is expected to be the highest contributor to this market, with $27,539.6 Million in 2020, and is anticipated to reach $38,548.4 Million by 2029, registering a CAGR of 3.86%. Minerals ... Read More
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Asia-Pacific Bioactive Ingredients Market Databank
... Functional beverages segment is expected to be the highest contributor to this market, with $876.5 Million in 2020, and is anticipated to reach $1,534.1 Million by 2029, registering a CAGR of 6.47%. Functional food segment ... Read More
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North America Bioactive Ingredients Market Databank
... 2029. Functional beverages segment is expected to be the highest contributor to this market, with $876.5 Million in 2020, and is anticipated to reach $1,534.1 Million by 2029, registering a CAGR of 6.47%. Functional food ... Read More
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Leading Bioactive Ingredients Application Markets Databank
... 2029. Functional beverages segment is expected to be the highest contributor to this market, with $876.5 Million in 2020, and is anticipated to reach $1,534.1 Million by 2029, registering a CAGR of 6.47%. Functional food ... Read More
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Global Bioactive Ingredients Market Databank
... Functional beverages segment is expected to be the highest contributor to this market, with $876.5 Million in 2020, and is anticipated to reach $1,534.1 Million by 2029, registering a CAGR of 6.47%. Functional food segment ... Read More
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Asia-Pacific Hospital & Nursing Home Probiotics Market Databank
... of 11.87% from 2021 to 2029. Gut Health segment is expected to be the highest contributor to this market, with $669.1 Million in 2020, and is anticipated to reach $1,836.5 Million by 2029, registering a ... Read More
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Europe Hospital & Nursing Home Probiotics Market Databank
... of 11.87% from 2021 to 2029. Gut Health segment is expected to be the highest contributor to this market, with $669.1 Million in 2020, and is anticipated to reach $1,836.5 Million by 2029, registering a ... Read More
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Leading Hospital & Nursing Home Probiotics Function Markets Databank
... CAGR of 11.87% from 2021 to 2029. Gut Health segment is expected to be the highest contributor to this market, with $669.1 Million in 2020, and is anticipated to reach $1,836.5 Million by 2029, registering ... Read More
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Global Wheatgrass Product Market Databank
... Juice segment is expected to be the highest contributor to this market, with $330.3 Million in 2020, and is anticipated to reach $658.8 Million by 2029, registering a CAGR of 8.02%. Pills segment is anticipated ... Read More
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North America Yeast Beta-Glucan Market Databank
... 2029. Food & Beverages segment is expected to be the highest contributor to this market, with $72.7 Million in 2020, and is anticipated to reach $123.7 Million by 2029, registering a CAGR of 6.13%. Animal ... Read More
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Asia-Pacific Beta-Glucan Market Databank
... is expected to be the highest contributor to this market, with $223.3 Million in 2020, and is anticipated to reach $290.1 Million by 2029, registering a CAGR of 2.99%. Yeasts segment is anticipated to reach ... Read More
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Leading Beta-Glucan Type Markets Databank
... segment is expected to be the highest contributor to this market, with $345.2 Million in 2020, and is anticipated to reach $512.5 Million by 2029, registering a CAGR of 4.54%. Insoluble segment is anticipated to ... Read More
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Leading Beta-Glucan Source Markets Databank
... segment is expected to be the highest contributor to this market, with $223.3 Million in 2020, and is anticipated to reach $290.1 Million by 2029, registering a CAGR of 2.99%. Yeasts segment is anticipated to ... Read More
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Leading Functional Drinks Type Markets Databank
... 2029. Energy drinks segment is expected to be the highest contributor to this market, with $3,269.1 Million in 2020, and is anticipated to reach $6,299.9 Million by 2029, registering a CAGR of 7.61%. Energy drinks ... Read More
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Leading Functional Food Ingredients Type Markets Databank
... 2021 to 2029. Probiotics segment is expected to be the highest contributor to this market, with $27,539.6 Million in 2020, and is anticipated to reach $38,548.4 Million by 2029, registering a CAGR of 3.86%. Minerals ... Read More
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Latin America, Middle East & Africa Bioactive Ingredients Market Databank
... 6.45% from 2021 to 2029. Functional beverages segment is expected to be the highest contributor to this market, with $876.5 Million in 2020, and is anticipated to reach $1,534.1 Million by 2029, registering a CAGR ... Read More
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Leading Beta-Glucan Application Markets Databank
... & Beverages segment is expected to be the highest contributor to this market, with $172.7 Million in 2020, and is anticipated to reach $252.4 Million by 2029, registering a CAGR of 4.36%. Personal Care & ... Read More
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North America Functional Drinks Market Databank
... 2029. Energy drinks segment is expected to be the highest contributor to this market, with $3,269.1 Million in 2020, and is anticipated to reach $6,299.9 Million by 2029, registering a CAGR of 7.61%. Energy drinks ... Read More
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Latin America, Middle East & Africa Functional Drinks Market Databank
... 7.50% from 2021 to 2029. Energy drinks segment is expected to be the highest contributor to this market, with $3,269.1 Million in 2020, and is anticipated to reach $6,299.9 Million by 2029, registering a CAGR ... Read More
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Europe Functional Food Ingredients Market Databank
... to 2029. Probiotics segment is expected to be the highest contributor to this market, with $27,539.6 Million in 2020, and is anticipated to reach $38,548.4 Million by 2029, registering a CAGR of 3.86%. Minerals segment ... Read More
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Global Functional Food Ingredients Market Databank
... to 2029. Probiotics segment is expected to be the highest contributor to this market, with $27,539.6 Million in 2020, and is anticipated to reach $38,548.4 Million by 2029, registering a CAGR of 3.86%. Minerals segment ... Read More
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Asia-Pacific Commercial Seaweed Market Databank
... Green seaweeds segment is expected to be the highest contributor to this market, with $10,205.4 Million in 2020, and is anticipated to reach $7,459.7 Million by 2029, registering a CAGR of -3.63%. Brown seaweeds segment ... Read More
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Global Commercial Seaweed Market Databank
... Green seaweeds segment is expected to be the highest contributor to this market, with $10,205.4 Million in 2020, and is anticipated to reach $7,459.7 Million by 2029, registering a CAGR of -3.63%. Brown seaweeds segment ... Read More
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Leading Hospital & Nursing Home Probiotics Country Markets Databank
... CAGR of 11.87% from 2021 to 2029. Asia-Pacific is expected to be the highest contributor to this market, with $598.4 Million in 2020, and is anticipated to reach $1,794.6 Million by 2029, registering a CAGR ... Read More
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Leading Yeast Beta-Glucan Country Markets Databank
... 2029. North America is expected to be the highest contributor to this market, with $63.3 Million in 2020, and is anticipated to reach $108.7 Million by 2029, registering a CAGR of 6.24%. Asia-Pacific is anticipated ... Read More
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