Global Functional Food Ingredients Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3600/- USD | Published Date: August 27, 2021 |

The global functional food ingredients market size is anticipated to register a significant CAGR of around 7% during the forecast period 2021 to 2027. The rising consumer awareness about health and wellness and increasing focus on a healthy lifestyle amidst the ongoing pandemic are some of the major factors driving the growth of the market. Furthermore, the increasing prevalence of chronic diseases and the changing lifestyle is further expected to drive the market. Moreover, the growing health concerns and rising health issues like obesity, diabetes, and digestive disorders are some other factors driving the growth of the industry in the next coming years.

Market Segment Insights:

The global functional food ingredients market is bifurcated into product, source, application, and geography. On the basis of product, the market is further segmented into maltodextrin, probiotics, polydextrose, modified starch, pectin, and others. The probiotics segment dominated the global market in 2020 and accounted to hold the largest market share of over half of the market in terms of revenue. On the other hand, the rice protein segment is estimated to grow at the fastest growth rate over the forecast period due to its increasing use in various food applications such as baked food and nutritional beverages.

On the basis of application, the market is segmented into food & beverages, personal care, pharmaceuticals, animal feed, and others. The food and beverage segment dominated the global functional food ingredients market in 2020 and is estimated to grow at the same trend over the forecast period. The segment is accounted to hold the largest revenue share of over 40% of the global market in 2020. The segment growth is attributed to the increasing consumer awareness regarding health and nutritional benefits associated with it. Furthermore, the increasing geriatric population, changing lifestyle, food innovation, and growing healthcare expenses are anticipated to increase the demand for functional food ingredients in the food & beverage industry.

Functional Food Ingredients Market Forecast

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The functional food ingredients comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The functional food ingredients market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Functional Food Ingredients Market Segmentation:

By Product:

  • Maltodextrin
  • Probiotics
  • Polydextrose
  • Modified Starch
  • Pectin
  • Omega-3 (epa, dha, ala)
  • Omega-6
  • Conjugated Linoleic Acid
  • Rice Protein
  • Protein Hydrolysate
  • Mung Bean Protein

By Source:

  • Natural
  • Synthetic

By Application:

  • Food & Beverages
  • Personal Care
  • Pharmaceuticals
  • Animal Feed
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Functional Food Ingredients Market: Geographic Coverage

Geographically, North America dominated the global functional food ingredients market in 2020 and estimated to hold the largest revenue share of around one-third of the market share. The increasing health concern such as obesity, diabetes, and digestive disorders are some major factors driving the market growth in the region. Furthermore, the increasing research and development activities by some initiatives are expected to fuel the market over the forecast period. On the other hand, the Asia Pacific is estimated to grow at the fastest growth rate over the forecast period.

Functional Food Ingredients Market: Competition Assessment

Some of the prominent market players operating in the global functional food ingredients market are Archer Daniels Midland Company, Arla Foods, BASF SE, Cargill Inc., and DSM NV. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Archer Daniels Midland Company
  • Arla Foods
  • BASF SE
  • Cargill Inc.
  • DSM NV
  • General Mills Inc.
  • Herbalife
  • Ingredion Incorporated
  • Kerry Group PLC.
  • Tate & Lyle PLC.

Key Questions Answered by Functional Food Ingredients Market Report

  • Global functional food ingredients market forecasts from 2021-2027
  • Regional functional food ingredients market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Functional food ingredients submarket forecasts from 2021-2027 covering the market by product, by source, by application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to functional food ingredients market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level functional food ingredients markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the functional food ingredients market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Functional Food Ingredients Market Portraiture
2.2. Global Functional Food Ingredients Market, by Product, 2020 (USD Mn)
2.3. Global Functional Food Ingredients Market, by Source, 2020 (USD Mn)
2.4. Global Functional Food Ingredients Market, by Application, 2020 (USD Mn)
2.5. Global Functional Food Ingredients Market, by Geography, 2020 (USD Mn)

 

3. Global Functional Food Ingredients Market Analysis


3.1. Functional Food Ingredients Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis

 

4. Global Functional Food Ingredients Market By Product, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Maltodextrin
4.3. Probiotics
4.4. Polydextrose
4.5. Modified Starch
4.6. Pectin
4.7. Omega-3 (epa, dha, ala)
4.8. Omega-6
4.9. Conjugated Linoleic Acid
4.10. Rice Protein
4.11. Protein Hydrolysate
4.12. Mung Bean Protein

 

5. Global Functional Food Ingredients Market By Source, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Natural
5.3. Synthetic

 

6. Global Functional Food Ingredients Market By Application, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Food & Beverages
6.3. Personal Care
6.4. Pharmaceuticals
6.5. Animal Feed
6.6. Others

 

7. North America Functional Food Ingredients Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. North America Functional Food Ingredients Market by Product (2018-2027 USD Mn)
7.1.3. North America Functional Food Ingredients Market by Source (2018-2027 USD Mn)
7.1.4. North America Functional Food Ingredients Market by Application (2018-2027 USD Mn)
7.1.5. North America Functional Food Ingredients Market by Country (2018-2027 USD Mn)
7.1.5.1. U.S.
7.1.5.1.1. U.S. Functional Food Ingredients Market by Product (2018-2027 USD Mn)
7.1.5.1.2. U.S. Functional Food Ingredients Market by Source (2018-2027 USD Mn)
7.1.5.1.3. U.S. Functional Food Ingredients Market by Application (2018-2027 USD Mn)
7.1.5.2. Canada
7.1.5.2.1. Canada Functional Food Ingredients Market by Product (2018-2027 USD Mn)
7.1.5.2.2. Canada Functional Food Ingredients Market by Source (2018-2027 USD Mn)
7.1.5.2.3. Canada Functional Food Ingredients Market by Application (2018-2027 USD Mn)

 

8. Europe Functional Food Ingredients Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Europe Functional Food Ingredients Market by Product (2018-2027 USD Mn)
8.1.3. Europe Functional Food Ingredients Market by Source (2018-2027 USD Mn)
8.1.4. Europe Functional Food Ingredients Market by Application (2018-2027 USD Mn)
8.1.5. Europe Functional Food Ingredients Market by Country (2018-2027 USD Mn)
8.1.5.1. Germany
8.1.5.1.1. Germany Functional Food Ingredients Market by Product (2018-2027 USD Mn)
8.1.5.1.2. Germany Functional Food Ingredients Market by Source (2018-2027 USD Mn)
8.1.5.1.3. Germany Functional Food Ingredients Market by Application (2018-2027 USD Mn)
8.1.5.2. U.K.
8.1.5.2.1. U.K. Functional Food Ingredients Market by Product (2018-2027 USD Mn)
8.1.5.2.2. U.K. Functional Food Ingredients Market by Source (2018-2027 USD Mn)
8.1.5.2.3. U.K. Functional Food Ingredients Market by Application (2018-2027 USD Mn)
8.1.5.3. France
8.1.5.3.1. France Functional Food Ingredients Market by Product (2018-2027 USD Mn)
8.1.5.3.2. France Functional Food Ingredients Market by Source (2018-2027 USD Mn)
8.1.5.3.3. France Functional Food Ingredients Market by Application (2018-2027 USD Mn)
8.1.5.4. Italy
8.1.5.4.1. Italy Functional Food Ingredients Market by Product (2018-2027 USD Mn)
8.1.5.4.2. Italy Functional Food Ingredients Market by Source (2018-2027 USD Mn)
8.1.5.4.3. Italy Functional Food Ingredients Market by Application (2018-2027 USD Mn)
8.1.5.5. Rest of Europe
8.1.5.5.1. Rest of Europe Functional Food Ingredients Market by Product (2018-2027 USD Mn)
8.1.5.5.2. Rest of Europe Functional Food Ingredients Market by Source (2018-2027 USD Mn)
8.1.5.5.3. Rest of Europe Functional Food Ingredients Market by Application (2018-2027 USD Mn)

 

9. Asia Pacific Functional Food Ingredients Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Asia Pacific Functional Food Ingredients Market by Product (2018-2027 USD Mn)
9.1.3. Asia Pacific Functional Food Ingredients Market by Source (2018-2027 USD Mn)
9.1.4. Asia Pacific Functional Food Ingredients Market by Application (2018-2027 USD Mn)
9.1.5. Asia Pacific Functional Food Ingredients Market by Country (2018-2027 USD Mn)
9.1.5.1. China
9.1.5.1.1. China Functional Food Ingredients Market by Product (2018-2027 USD Mn)
9.1.5.1.2. China Functional Food Ingredients Market by Source (2018-2027 USD Mn)
9.1.5.1.3. China Functional Food Ingredients Market by Application (2018-2027 USD Mn)
9.1.5.2. Japan
9.1.5.2.1. Japan Functional Food Ingredients Market by Product (2018-2027 USD Mn)
9.1.5.2.2. Japan Functional Food Ingredients Market by Source (2018-2027 USD Mn)
9.1.5.2.3. Japan Functional Food Ingredients Market by Application (2018-2027 USD Mn)
9.1.5.3. Rest of Asia Pacific
9.1.5.3.1. Rest of Asia Pacific Functional Food Ingredients Market by Product (2018-2027 USD Mn)
9.1.5.3.2. Rest of Asia Pacific Functional Food Ingredients Market by Source (2018-2027 USD Mn)
9.1.5.3.3. Rest of Asia Pacific Functional Food Ingredients Market by Application (2018-2027 USD Mn)

 

10. Latin America (LATAM) Functional Food Ingredients Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Latin America Functional Food Ingredients Market by Product (2018-2027 USD Mn)
10.1.3. Latin America Functional Food Ingredients Market by Source (2018-2027 USD Mn)
10.1.4. Latin America Functional Food Ingredients Market by Application (2018-2027 USD Mn)
10.1.5. Latin America Functional Food Ingredients Market by Country (2018-2027 USD Mn)
10.1.5.1. Brazil
10.1.5.1.1. Brazil Functional Food Ingredients Market by Product (2018-2027 USD Mn)
10.1.5.1.2. Brazil Functional Food Ingredients Market by Source (2018-2027 USD Mn)
10.1.5.1.3. Brazil Functional Food Ingredients Market by Application (2018-2027 USD Mn)
10.1.5.2. Mexico
10.1.5.2.1. Mexico Functional Food Ingredients Market by Product (2018-2027 USD Mn)
10.1.5.2.2. Mexico Functional Food Ingredients Market by Source (2018-2027 USD Mn)
10.1.5.2.3. Mexico Functional Food Ingredients Market by Application (2018-2027 USD Mn)
10.1.5.3. Rest of Latin America
10.1.5.3.1. Rest of Latin America Functional Food Ingredients Market by Product (2018-2027 USD Mn)
10.1.5.3.2. Rest of Latin America Functional Food Ingredients Market by Source (2018-2027 USD Mn)
10.1.5.3.3. Rest of Latin America Functional Food Ingredients Market by Application (2018-2027 USD Mn)

 

11. Middle East and Africa Functional Food Ingredients Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. MEA Functional Food Ingredients Market by Product (2018-2027 USD Mn)
11.1.3. MEA Functional Food Ingredients Market by Source (2018-2027 USD Mn)
11.1.4. MEA Functional Food Ingredients Market by Application (2018-2027 USD Mn)
11.1.5. Middle East and Africa Functional Food Ingredients Market, by Country (2018-2027 USD Mn)
11.1.5.1. GCC
11.1.5.1.1. GCC Functional Food Ingredients Market by Product (2018-2027 USD Mn)
11.1.5.1.2. GCC Functional Food Ingredients Market by Source (2018-2027 USD Mn)
11.1.5.1.3. GCC Functional Food Ingredients Market by Application (2018-2027 USD Mn)
11.1.5.2. South Africa
11.1.5.2.1. South Africa Functional Food Ingredients Market by Product (2018-2027 USD Mn)
11.1.5.2.2. South Africa Functional Food Ingredients Market by Source (2018-2027 USD Mn)
11.1.5.2.3. South Africa Functional Food Ingredients Market by Application (2018-2027 USD Mn)
11.1.5.3. Rest of MEA
11.1.5.3.1. Rest of MEA Functional Food Ingredients Market by Product (2018-2027 USD Mn)
11.1.5.3.2. Rest of MEA Functional Food Ingredients Market by Source (2018-2027 USD Mn)
11.1.5.3.3. Rest of MEA Functional Food Ingredients Market by Application (2018-2027 USD Mn)

 

12. Company Profiles


12.1. Archer Daniels Midland Company
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Arla Foods
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. BASF SE
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Cargill Inc.
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. DSM NV
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. General Mills Inc.
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Herbalife
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Ingredion Incorporated
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Kerry Group PLC.
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Tate & Lyle PLC.
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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