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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United Kingdom Probiotics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Key Highlights the demand for probiotics in the United Kingdom is expected to witness the fastest growth in overall Europe. Animal feed represents the smallest probiotic product type in the region, with the market being ... Read More
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Europe Probiotics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... European Probiotic Association (EPA) is an association of companies involved in the production and registration of probiotics for sale mainly within the European Union. The probiotics market in the region that is expected to attain ... Read More
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Food Grade Gelatin Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... of 3.88% during the forecast period, 2021-2026. The COVID-19 crisis has impacted the overall gelatin industry, as many stores are shutting down or reducing their business hours. However, the demand for gelatin is expected to ... Read More
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Canada Water Enhancer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Highlights A considerable Canadian population is suffering from obesity due to hectic work schedules and on the go lifestyle. Thus, in order to compensate for the nutritional losses, the market of water enhancers is likely ... Read More
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Functional Mushrooms Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... during the forecast period 2021-2026. The demand for mushroom-based products before COVID-19 has been increasing according to the data from the American Botanical Council’s 2019 Herb Market Report. According to the report in the natural ... Read More
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ASEAN Probiotic Supplements Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... COVID-19 outbreak has affected hundreds of thousands of people, globally. The World Health Organization declared COVID-19 a pandemic on March 11, 2020, causing a huge impact on people’s lives, and their communities. Owing to the ... Read More
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Japan Probiotics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... period (2019 - 2024). Key Highlights Japanese Consumers are strongly driving the sales of probiotics in the country and thus holding a major market share in the Asia Pacific Region benefitted by a relatively high ... Read More
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Algae Omega-3 Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 2025). Key Highlights Omega-3 oils are essential fatty acids that have a broad range of health benefits, including cardiovascular, eye, and brain health. More specifically, omega-3 fatty acids are of three main types, alphalinolenic acid ... Read More
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Asia-Pacific Insoluble Dietary Fibers Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 2025). Key Highlights Insoluble dietary fibers are known for their water absorption capabilities. They make the digestive process easier for consumers. Insoluble fiber is found in whole-grain products, such as wheat bran cereal, vegetables, and ... Read More
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Middle East Feed Probiotics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... The animal feed industry had badly affected by the COVID-19 pandemic, which compelled farmers to stock their animal feed supplies, including additives such as probiotics. This had led to a spike in demand for animal ... Read More
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Commercial Seaweed Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... The commercial seaweed market is predominantly driven by the functional and healthy properties of edible seaweed. Most of the commercially produced seaweed is used in the food industry, which accounts for more than half of ... Read More
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Europe Spirulina Extract Market – Growth, Trends, and Forecast (2022 - 2027)
... is an easily digestible high protein product with high levels of β-carotene, vitamin B12, iron and trace minerals, and the rare vital fatty acid γ-linoleic acid (GLA). Additionally, it has no religious issues or negative ... Read More
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Omega-3 Products Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... Highlights Omega-3 fatty acids possess a plethora of health attributes, which has driven the demand for omega-3 supplements, thereby, driving the global omega-3 products market. Omega-3 finds major application in the infant nutrition industry, which ... Read More
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Microbial Culture Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... of 2019-2024. Key Highlights Fermented foods have grown tremendously in recent years giving way to a profitable market of food culture. Probiotics and functional foods are the new trends in the market capturing the world ... Read More
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China Starch Derivatives Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... evolving market scenario for starch and starch derivative, the demand for various applications in the food and non-food sectors plays a key role for suppliers, as well as the manufacturers. The most stimulating and favorable ... Read More
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Canada Gluten Free Foods & Beverages Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... period (2020-2025). Key Highlights According to data released by the Agriculture and Forestry Department of Canada and Health Canada, about 1% of Canadians have celiac disease. As per information released by the Canadian Celiac Association ... Read More
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Non-alcoholic Beverage Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... is witnessing the serious impact of COVID-19, and it is incorporating various safety standards, measurements, and quality checks, with an aim to boost consumers’ trust. Such efforts have increased the sales of products that provide ... Read More
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Probiotic Drinks Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... the Covid-19 pandemic, the health benefits of probiotic drinks have been instrumental in driving the growth of the market. The probiotic drinks market is driven by a paradigm shift toward preventive health management practices, amid ... Read More
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Tempeh Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... by the rising demand for meat substitutes products as it is one of the commonly consumed meat substitute and increasing gluten intolerance among the consumers. Also, its high nutrition value attracts the consumers towards the ... Read More
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Europe Specialty Food Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... By type, the flavors segment occupied the largest market share in 2018. The specialty oil segment is projected to witness the highest CAGR over the forecast period. By functional food ingredient type, vitamins and minerals ... Read More
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Probiotic Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... 3.58% during the period of 2021-2026. With the impact of COVID-19, the market has witnessed a surge in demand for products that enhance immune health, which is likely to boost the application of probiotic ingredients ... Read More
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Functional Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... CAGR of 2.71% during the forecast period 2021-2026. The market was positively impacted by COVID-19 in 2020. The global pandemic has shown an impact on the proper functioning of the functional food in various region. ... Read More
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BETA GLUCAN AND FUCOIDAN MARKET - GROWTH, TRENDS, AND FORECAST (2022 - 2027)
... The growing application of beta-glucan and fucoidan in nutraceutical supplements is majorly driving the market growth across the globe. Evolved consumer trends and rising demand for immunity booster foods and diets have created lucrative opportunities ... Read More
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Vietnam Collagen Supplements Market - Growth, Trends, Covid-19 Impact, and Forecasts (2022 - 2027)
... during the forecast period (2021 - 2026). The population in Vietnam is aging, which is prompting consumers to seek a range of dietary supplements, such as collagen drinks and capsules, for maintaining and enhancing the ... Read More
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Global Reishi Mushroom Extracts Market - Growth, Trends, and Forecast (2022 - 2027)
... The application of reishi mushroom extracts as a functional ingredient in the healthcare industry is driving the growth of the market, as these mushrooms are being increasingly incorporated into health supplements. Moreover, increasing use of ... Read More
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