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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Tea Polyphenols Market Size, Share and Industry Analysis Report by Product (Black Tea Polyphenols, Green Tea Polyphenols, Oolong Tea Polyphenols), Application (Functional Beverages, Functional Food, Dietary Supplement, Cosmetics, Others) and Distribution Channel (Internet Retailing, Mass Retailing, Direct Sales, Others), Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 - 2028
... Retailing, Direct Sales, Others), Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 - 2028 The tea polyphenols market is estimated to see robust growth through 2028 owing to surging produce adoption in leading ... Read More
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Fortified/Functional Packaged Food in Chile
... yoghurt called Goodnes in three flavours (strawberry, vanilla, and natural sweetened) accompanied by the main claim of “Defensas and Flora Intestinal” (“Defences and Intestinal Flora”). The product contains millions of probiotics, vitamin D, 9 gm ... Read More
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Naturally Healthy Beverages in Chile
... as a result of the withdrawal of 10% from the pension system and the cash subsidies granted by the government, which allowed consumers to indulge, especially in products with a growing trend in consumption such ... Read More
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Functional Foods and Beverages Market: Segmented by Ingredient (Carotenoids, Dietary Fibers, Fatty Acids, Minerals, Prebiotics & Probiotics, Vitamins and Others); By Application (Sports Nutrition, Weight Management, Immunity, Digestive Health, Clinical Nutrition, Cardio Health and Others); By Product (Bakery & Cereals, Dairy Products, eat, Fish & Eggs, Soy Products, Fats & Oils and Others); and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
... By Product (Bakery & Cereals, Dairy Products, eat, Fish & Eggs, Soy Products, Fats & Oils and Others); and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030 ... Read More
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Fortified/Functional Beverages in Chile
... the pandemic, and greater awareness of the need to consume healthy and functional beverages. Trends post-pandemic are leading to greater penetration of new products launched that claim to deliver formulations to consumers in a practical ... Read More
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Better For You Beverages in Chile
... pension system and to grant mass cash subsidies to mitigate the strained financial situation of many citizens. This generated liquidity and encouraged spending amongst local consumers, benefiting demand for the category. This factor, together with ... Read More
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Global Food Encapsulation Market Size, Status And Forecast To 2030
... Billion by 2028, growing at a CAGR of 5.80% from 2021 to 2028. The Food Encapsulation Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments ... Read More
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Probiotic Drinks Market By Type (Dairy-Based, Plant-Based), By Flavor (Regular, Berry, Tropical, Others), By Sales Channel (Hypermarkets And Supermarkets, Convenience Stores, Online Retail, Others), : Global Opportunity Analysis and Industry Forecast, 2020-2031
... market size was valued at $ 11,047.4 million in 2020, and is estimated to reach $ 23,405.7 million by 2031, registering a CAGR of 6.6% from 2022 to 2031. Probiotics are bacteria that provide health ... Read More
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Global Microalgae Market Insights, Forecast to 2028
... is forecast to a readjusted size of US$ 421.08 million by 2028 with a CAGR of 5.80% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Spirulina accounting for 61.32% ... Read More
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Fortified/Functional Beverages in Canada
... system. This helped drive demand for products fortified with immunity-boosting ingredients, such as vitamins C, D and E, zinc and iron. In 2020, the trend of consumers seeking out functional teas for their immunity-boosting properties ... Read More
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North America Nutraceuticals Market Size, Share & Industry Trends Analysis Report By Type, By Dietary Supplements, By Functional Beverages, By Sales Channel, By Form, By Country and Growth Forecast, 2021 - 2027
... Nutraceuticals Market would witness market growth of 7.9% CAGR during the forecast period (2021-2027). Nutraceuticals are now an increasingly important component of many people's daily lives all around the world. These supplements, foods, and beverages ... Read More
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Global Nutraceuticals Market Size, Share & Industry Trends Analysis Report By Type, By Dietary Supplements, By Functional Beverages, By Sales Channel, By Form, By Regional Outlook and Forecast, 2021 - 2027
... size is expected to reach $743.6 billion by 2027, rising at a market growth of 8.6% CAGR during the forecast period. Nutraceuticals are food-based supplements that can also be used for therapeutic purposes. Because they ... Read More
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Better For You Beverages in Canada
... to the shift from foodservice to home consumption due to COVID-19. Sales also benefited from the closure of schools and colleges, with children spending more time at home studying. With the easing of restrictions in ... Read More
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Naturally Healthy Beverages in Canada
... at home, with some transfer of sales from foodservice. For example, NH spring water and NH fruit/vegetable juice recorded stronger growth in 2020, although in the case of NH spring water this was also partly ... Read More
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Fortified/Functional Packaged Food in Canada
... from other areas of packaged food were also an issue, with FF yoghurt for example facing stiff competition from Greek yoghurt, with its high protein content. Euromonitor International's Fortified/Functional Packaged Food in Canada report tracks ... Read More
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Europe Nutraceuticals Market Size, Share & Industry Trends Analysis Report By Type, By Dietary Supplements, By Functional Beverages, By Sales Channel, By Form, By Country and Growth Forecast, 2021 - 2027
... would witness market growth of 8.1% CAGR during the forecast period (2021-2027). Nutraceuticals have gotten a lot of press in recent years due to a number of factors, including changing lifestyles, a growing middle class ... Read More
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Prebiotics Ingredients Market by Ingredient (Inulin, Fructo-Oligosaccharides, Galacto-Oligosaccharides, and Galacto-Fructose), Application (Food & Beverages, Dietary Supplements, and Animal Feed), and Source (Cereals, Vegetables, Roots, and Others): Global Opportunity Analysis and Industry Forecast, 2022–2031
... prebiotics ingredients market size was valued at $7,198.9 million in 2020 and is estimated to reach $14,313.3 million by 2031, registering a CAGR of 6.3% from 2022 to 2031. Prebiotics are fiber compounds that cannot ... Read More
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Global Dietary Fibres Market Size study, by Type (Soluble, Insoluble) by Source (Cereals & Grains, Fruits & Vegetables, Other Crops) by Application (Functional Food & Beverages, Animal Feed, Pet Food, Pharmaceuticals) and Regional Forecasts 2022-2028
... Global Dietary Fibers Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Dietary fibre is ... Read More
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Global Spirulina Powder Market Size study, by Nature (Organic, Conventional) by Sales Channel (Direct Sales, Retail Sales) by end use industries (Food & Beverage, Dietary Supplements & Pharmaceuticals, Animal & Aquaculture Feed, Cosmetics & Personal Care, Others) and Regional Forecasts 2022-2028
... Care, Others) and Regional Forecasts 2022-2028 Global Spirulina Powder Market is valued 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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Probiotics Food & Cosmetics Market Size, Share & Trends Analysis By Product Types, By Ingredient, By Distribution Channel, Regional Outlook, Competitive Strategies and Segment Forecasts to 2030
... to be worth USD 112.2 billion by 2030 According to SPER Market Research, the Probiotics Food & Cosmetics Market estimated to reach USD 112.2 billion by 2030 with a CAGR of 7.9%. To get rid ... Read More
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Fortified/Functional Beverages in Vietnam
... FF energy drinks and FF sports drinks. During the pandemic, many consumers have looked to increase their consumption of vitamin C and minerals believed to enhance the effectiveness of their immune systems. In response to ... Read More
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Better For You Beverages in Vietnam
... consumers, even when they are aware of the BFY beverages on offer in the retailing channel, is that many people find BFY variants to have a less pleasant taste than standard beverages. Moreover, they do ... Read More
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Functional Beverage Market in Europe 2022-2026
... the forecast period. Our report on the functional beverage market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The ... Read More
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Health and Wellness in Vietnam
... the experiences of the COVID-19 crisis. The seriousness of the crisis has further stimulated health awareness amongst consumers who have actively sought out products that are perceived to enhance the functioning of the immune system ... Read More
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Fortified/Functional Packaged Food in Vietnam
... FF baby food (milk formula) remain the largest categories. The success of the fortified/functional packaged food category can largely be attributed to the wide diversity of products available in the market and to the fact ... Read More
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