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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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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Prebiotic Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
... during the period 2021-2026. Key Highlights The COVID-19 pandemic has led to a shift in the diet behavior of consumers, with 56% of European consumers associating prebiotics with immune health, as 70% of immune cells ... Read More
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Global Reishi Mushroom Market Size study, by Form (Liquid, Power) by Nature (Organic, Conventional) by End Use (Food & beverages, Pharmaceutical, nutraceutical & dietary supplements, Cosmetics and personal care) and Regional Forecasts 2021-2027
... Mushroom Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Reishi Mushroom is also known ... Read More
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Global Avocado Extracts Market Size study, by Product Type (Oil, Powder) by Category (Organic, Conventional) by Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Others) by Distribution Channel (Hypermarket/Supermarket, Retail Stores, Online Stores) and Regional Forecasts 2021-2027
... 2021-2027 Global Avocado Extracts Market is valued approximately USD XXXX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XXXX % over the forecast period 2021-2027. Avocado Extracts ... Read More
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Nutraceuticals Market Size, Share & Trends Analysis Report By Product (Dietary Supplements, Functional Food, Functional Beverages), By Region (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2021 - 2030
... a CAGR of 9.0% from 2021 to 2030. Rising awareness regarding calorie reduction and weight loss in the major markets including the U.S., China, and India is expected to promote the application of the health ... Read More
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Nutraceuticals Market by Type, (Functional Beverage, Functional Food, and Dietary Supplements), Form (Capsules and Tablets, Liquid, Powder, Others), and Sales Channel (Hypermarkets/Supermarkets, Specialty Stores, Pharmacies, and Online Channels): Global Opportunity Analysis and Industry Forecast, 2021–2030
... Nutraceuticals are health products that are labelled under foods but are also utilized for medicinal purposes. They are also called bioceuticals as they are made from food materials and extracts. Nutraceuticals s are used for ... Read More
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Animal Based Protein Supplements Market Size, Share & Trends Analysis Report By Raw Material (Whey, Casein, Egg, Fish), By Product, By Distribution Channel, By Application, By Region, And Segment Forecasts, 2020 - 2028
... It is expected to expand at a CAGR of 7.4% from 2020 to 2028. Increasing instances of fitness and sporting activities among consumers have led to nutrition awareness, thus positively impacting the market growth. The ... Read More
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Catechins Market by Source (Tea, Fruits, and Others), Type (Epigallocatechin (EGC), Epigallocatechin-3-Gallate (EGCG), and Others), and Application (Pharmaceuticals, Food & Beverages, Dietary Supplements, and Others): Global Opportunity Analysis and Industry Forecast 2021–2030
... market size was valued at $14,825.2 thousand in 2020, and is projected to reach $21,099.9 thousand by 2030, registering a CAGR of 3.8% from 2021 to 2030. Catechin is a type of flavonoids that is ... Read More
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Naturally Healthy Beverages in Singapore
... home. In order to boost their immunity and due to increasing health-consciousness, NH tea has benefited due to its functional health benefits and wide product variety. NH teas include ingredients such as ginger, camomile and ... Read More
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Fortified/Functional Packaged Food in Singapore
... and milk formula has always been available mainly in the retail environment. As such, there was no shift in consumption from foodservice to retail. The COVID-19-related effect on FF milk formula consumption was the short-term ... Read More
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Fortified/Functional Packaged Food in South Korea
... the category. Demand for FF baby food continues to decline due to a falling birth rate, which is one of the main constraints being faced by South Korea’s baby food industry, as an increasing number ... Read More
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Global Plant-Based Protein Supplements Market Size study, By Raw Material (Soy, Spirulina, Pumpkin Seed, Hemp, Rice, Pea, Others), By Product (Protein Powder, Protein Bars, Ready-to-Drink, Others), By Distribution Channel (Supermarkets/Hypermarkets, Online Stores, Chemist/Drugstores, Specialty Stores Others), By Application (Sports Nutrition, Functional Food) and Regional Forecasts 2021-2027
... Others), By Application (Sports Nutrition, Functional Food) and Regional Forecasts 2021-2027 Global Plant-Based Protein Supplements Market is valued at approximately USD 5.35 billion in 2020 and is anticipated to grow with a healthy growth rate ... Read More
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Organic Beverages in Singapore
... specific health positioning. While 2021 looked set to be a year of recovery for Singapore from COVID-19, the shift back to more COVID-19 restrictions from May 2021 due to the emergence of the Delta variant ... Read More
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Polyphenol Market by Product Type (Apple, Green Tea, Grape Seeds and Others), Type (Flavonoid, Resveratrol, Phenolic Acid and Lignin), and Application (Functional Foods, Functional Beverages, Dietary Supplements, and Others): Global Opportunity Analysis and Industry Forecast 2021–2030
... 2021–2030 The polyphenol market was valued at $1.6 billion in 2020, and is projected to reach $2.7 billion by 2030, registering a CAGR of 5.2% from 2021 to 2030. Polyphenols, also known as phytochemicals, are ... Read More
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Fortified/Functional Beverages in Singapore
... amongst consumers in Singapore in both 2020 and 2021, and FF fruit/vegetable juice brands have been well-positioned to take advantage of this, particularly with the immunity-boosting positioning of various brands which contain vitamin C. For ... Read More
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Better For You Beverages in Singapore
... time working from home. As COVID-19 restrictions meant that consumers continued to work from home and instant coffee is seen as a regular caffeine fix, this has resulted in continuous strong growth for the category. ... Read More
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Fortified/Functional Beverages in South Korea
... bottled water. Sales of FF energy drinks continue to grow as consumers search for caffeine-fortified beverages as a stress relief measure. Since the spread of the pandemic, the demand for functional food and beverages that ... Read More
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Plant-based Protein Market by Type (Soy Protein, Wheat Protein, Pea Protein, Potato Protein, Rice Protein, Corn Protein), Crop Type (GMO), Source Process (Organic), Application (Food and Beverages, Animal Feed, Nutritional Supplements) - Global Forecast to 2028
... 2028 Plant-based Protein Market by Stage (Soy Protein, Wheat Protein, Pea Protein, Canola Protein, Potato Protein, Rice Protein, Corn Protein), Application (Food and Beverages, Animal Feed, Nutritional Supplements, Pharmaceuticals) -Global Forecast to 2028 The research ... Read More
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Plant-based Food Ingredients Market by Type (Emulsifiers, Texturants, Binding Agents & Stabilizers, Cultures & Probiotic Ingredients, Preservatives, Enzymes, Fibers, Sweeteners, and Others), Application (Bakery, Confectionery, Beverages, Snack Products, Ready Meals, Nutrition & Supplements, and Others) : Global Opportunity Analysis and Industry Forecast, 2021–2030
... : Global Opportunity Analysis and Industry Forecast, 2021–2030 The Plant-based food ingredients market size was valued at $2,895.6 million in 2020, and is estimated to reach $12,341.4 million by 2030, registering a CAGR of 15.3% ... Read More
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Microalgae Market - By Distribution Channel (Consumer Channel, Industrial Channel, And Service Channel), By Application (Nutraceuticals, Food & Beverages, Animal Feed, And Cosmetics), By Type (Spirulina, Chlorella, Dunaliella Salina, And Haematococcus Pluvialis), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021 – 2030
... Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021 – 2030 Market Overview Fatpos Global has released a report titled Microalgae Market - Analysis of Market Size, Share & Trends for 2014 - 2020 and Forecasts ... Read More