Global Functional Foods Market Size & Share to 2027
Global Functional Foods Market Size, Trends & Growth Opportunity By Ingredient (Carotenoids, Prebiotics & Probiotics, Fatty Acids, Dietary Fibers), Product (Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products, Fats & Oils), Application (Sports Nutrition, Weight Management, Immunity, Digestive Health, Clinical Nutrition, Cardio Health), Region and Forecast till 2027
Global Functional Foods Market
The functional food is also referred as nutraceuticals which are highly nutritious and provide a various health benefits such as protection against diseases, and promote proper growth and development. It helps to minimize the risk of deadly diseases by improving immunity. The functional foods are categorized into various product types such as Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products, and Fats & Oils.
Market Drivers
The rise in demand for nutritional and fortifying food additives is expected to boost the global functional foods market growth during this forecast timeline. Furthermore, the rise in healthcare awareness among consumers leading to an increased consumption of healthcare diets will positively influence the market growth. Also, the increase in demand for functional food from developing countries due to rise in per capita income and change in lifestyle is expected to propel the growth of the global functional foods market. Moreover, the development of different techniques to create high value natural carotenoids, and alternative sources to obtain omega-3 will support the global functional foods market growth.
Market Restraints
The high cost of functional food products owing to inclusion of healthcare or naturally sourced ingredients will hamper the global functional foods marker growth. Also, the rise in complexities related to the integration and adulteration of functional food products will limit the market growth.
Market Segmentation
The Global Functional Foods Market is segmented into ingredient such as Carotenoids, Prebiotics & Probiotics, Fatty Acids, and Dietary Fibers, by product such as Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products, and Fats & Oils. Further, market is segmented into application such as Sports Nutrition, Weight Management, Immunity, Digestive Health, Clinical Nutrition, and Cardio Health.
Also, Global Functional Foods Market into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in global functional goods market growth are Unilever, Kraft Foods Inc, Raisio Group, Mars Inc, Meiji Group, Nestlé, PepsiCo Inc, Murray Goulburn, Red Bull GmbH, and Sanitarium Health & Wellbeing Company.
Market Taxonomy
By Ingredient
- Carotenoids
- Prebiotics & Probiotics
- Fatty Acids
- Dietary Fibers
- Bakery & Cereals
- Dairy Products
- Meat
- Fish & Eggs
- Soy Products
- Fats & Oils
- Sports Nutrition
- Weight Management
- Immunity
- Digestive Health
- Clinical Nutrition
- Cardio Health
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Functional Foods Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Functional Foods Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Functional Foods Market, By Ingredient
- 5.1 Y-o-Y Growth Comparison, By Ingredient
- 5.2 Global Functional Foods Market Share Analysis, By Ingredient
- 5.3 Global Functional Foods Market Size and Forecast, By Ingredient
- 5.3.1 Carotenoids
- 5.3.2 Prebiotics & Probiotics
- 5.3.3 Fatty Acids
- 5.3.4 Dietary Fibers
- 6 Global Functional Foods Market, By Product
- 6.1 Y-o-Y Growth Comparison, By Product
- 6.2 Global Functional Foods Market Share Analysis, By Product
- 6.3 Global Functional Foods Market Size and Forecast, By Product
- 6.3.1 Bakery & Cereals
- 6.3.2 Dairy Products
- 6.3.3 Meat, Fish & Eggs
- 6.3.4 Soy Products
- 6.3.5 Fats & Oils
- 7 Global Functional Foods Market, By Application
- 7.1 Y-o-Y Growth Comparison, By Application
- 7.2 Global Functional Foods Market Share Analysis, By Application
- 7.3 Global Functional Foods Market Size and Forecast, By Application
- 7.3.1 Sports Nutrition
- 7.3.2 Immunity
- 7.3.3. Weight Management,
- 7.3.4. Digestive Health
- 7.3.5. Clinical Nutrition
- 7.3.6. Cardio Health
- 8 Global Functional Foods Market, By Region
- 8.1 Global Functional Foods Market Share Analysis, By Region
- 8.2 Global Functional Foods Market Share Analysis, By Region
- 8.3 Global Functional Foods Market Size and Forecast, By Region
- 9 North America Functional Foods Market Analysis and Forecast (2020-2027)
- 9.1 Introduction
- 9.2 North America Functional Foods Market Share Analysis, By Ingredient
- 9.3 North America Functional Foods Market Size and Forecast, By Product
- 9.4 North America Functional Foods Market Size and Forecast, By Application
- 9.5 North America Functional Foods Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.2 Canada
- 9.5.3 Mexico
- 10 EuropeFunctional Foods Market Analysis and Forecast (2020-2027)
- 10.1 Introduction
- 10.2 Europe Functional Foods Market Share Analysis, By Ingredient
- 10.3 Europe Functional Foods Market Size and Forecast, By Product
- 10.4 Europe Functional Foods Market Size and Forecast, By Application
- 10.5 Europe Functional Foods Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.5.4 Rest of Europe
- 11 Asia Pacific Functional Foods Market Analysis and Forecast (2020-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Functional Foods Market Share Analysis, By Ingredient
- 11.3 Asia Pacific Functional Foods Market Size and Forecast, By Product
- 11.4 Asia Pacific Functional Foods Market Size and Forecast, By Application
- 11.5 Asia Pacific Functional Foods Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4 Rest of Asia Pacific
- 12 Latin America Functional Foods Market Analysis and Forecast (2020-2027)
- 12.1 Introduction
- 12.2 Latin America Functional Foods Market Share Analysis, By Ingredient
- 12.3 Latin America Functional Foods Market Size and Forecast, By Product
- 12.4 Latin America Functional Foods Market Size and Forecast, By Application
- 12.5 Latin America Functional Foods Market Size and Forecast, Country
- 13 Middle East Functional Foods Market Analysis and Forecast (2020-2027)
- 13.1 Introduction
- 13.2 Middle East Functional Foods Market Share Analysis, By Ingredient
- 13.3 Middle East Functional Foods Market Size and Forecast, By Product
- 13.4 Middle East Functional Foods Market Size and Forecast, By Application
- 13.5 Middle East Functional Foods Market Size and Forecast, By Country
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 Unilever
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2. Sanitarium Health & Wellbeing Company
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. Red Bull GmbH
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Raisio Group,
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 PepsiCo Inc
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Nestlé
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Murray Goulburn
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Meiji Group,
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Mars Inc
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 Kraft Foods Inc
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
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