Leading Functional Food Ingredients Source Markets Databank
The Functional Food Ingredients market was valued at $87,626.2 Million in 2020, and is projected to reach $130,226.1 Million by 2029 growing at a CAGR of 4.55% from 2021 to 2029. Synthetic segment is expected to be the highest contributor to this market, with $64,134.9 Million in 2020, and is anticipated to reach $88,260.3 Million by 2029, registering a CAGR of 3.66%. Natural segment is anticipated to reach $41,965.8 Million by 2029 with the highest CAGR of 6.69%. Natural and Synthetic segments are expected to witness significant growth rates at a CAGR of 6.69% and 3.66% respectively, during the forecast period.
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