A functional food is a food given an additional function by adding new ingredients or more of existing ingredients.
The rising incidence of chronic diseases is driving the consumers to shift toward healthier food options. Increasing consumer interest, and a better understanding of the immunity enhancing property of proper diet and food habits, are some of the key factors driving the growth of the global functional food ingredients market.
The global Functional Food Ingredient market is valued at xx million US$ in 2020 and will reach xx million US$ by the end of 2027, growing at a CAGR of xx% during 2021-2027. The objectives of this study are to define, segment, and project the size of the Functional Food Ingredient market based on company, product type, end user and key regions.
This report studies the global market size of Functional Food Ingredient in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Functional Food Ingredient in these regions.
This research report categorizes the global Functional Food Ingredient market by top players/brands, region, type and end user. This report also studies the global Functional Food Ingredient market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Tate & Lyle
Archer Daniels Midland
Hearthside Food Solutions
Market size by Product
Omega-3 & 6 Fatty Acids
Market size by End User
Bakery & Cereals
Meat, Fish & Eggs
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Functional Food Ingredient market size (value & volume) by company, key regions, products and end user, breakdown data from 2017 to 2020, and forecast to 2027.
To understand the structure of Functional Food Ingredient market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Functional Food Ingredient companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Functional Food Ingredient submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Functional Food Ingredient are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Functional Food Ingredient market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.