Global Functional Ingredients Market Growth 2023-2029

Global Functional Ingredients Market Growth 2023-2029

Functional ingredients are ingredients which have:health-promoting,hnergy boosting or disease preventing benefits.The ingredients which will be added to your finished product, is likely to be an extract from a natural source of the active ingredient. This may impart some flavour so it's wise to choose a natural-sounding ingredient and one where any taste will complement your product.

LPI (LP Information)' newest research report, the “Functional Ingredients Industry Forecast” looks at past sales and reviews total world Functional Ingredients sales in 2022, providing a comprehensive analysis by region and market sector of projected Functional Ingredients sales for 2023 through 2029. With Functional Ingredients sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Functional Ingredients industry.

This Insight Report provides a comprehensive analysis of the global Functional Ingredients landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Functional Ingredients portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Functional Ingredients market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Functional Ingredients and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Functional Ingredients.

The global Functional Ingredients market size is projected to grow from US$ 67010 million in 2022 to US$ 93640 million in 2029; it is expected to grow at a CAGR of 93640 from 2023 to 2029.

United States market for Functional Ingredients is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Functional Ingredients is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Functional Ingredients is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Functional Ingredients players cover Cargill, BASF, DowDuPont, Archer Daniels Midland, Arla Foods, Kerry, Ajinomoto, DSM and Ingredion, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Functional Ingredients market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Maltodextrin
Probiotics
Polydextrose
Modified Starch
Pectin
Omega-3(EPA, DHA, ALA)&Omega-6
Conjugated Linoleic Acid
Rice Protein
Others

Segmentation by application
Food
Beverages

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cargill
BASF
DowDuPont
Archer Daniels Midland
Arla Foods
Kerry
Ajinomoto
DSM
Ingredion
Tate & Lyle
Roquette Frères
CHR. Hansen
Kemin Industries
Beneo
Royal Cosun

Key Questions Addressed in this Report

What is the 10-year outlook for the global Functional Ingredients market?

What factors are driving Functional Ingredients market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Functional Ingredients market opportunities vary by end market size?

How does Functional Ingredients break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.