Functional Ingredients Market – Global Industry Analysis and Forecast (2023-2029)

Functional Ingredients Market is expected to reach US$ 124.92 Bn. by 2029, at a CAGR of 7.02% during the forecast period. The type of food that has well-characterized dietary supplement ingredients to provide nutrition beyond the basic diet is called functional food. The ingredients that are added to this functional food to prevent disease, increase immunity and promote health and fitness are called functional food ingredients.Functional Ingredients Market To know about the Research Methodology :- Request Free Sample Report Functional foods are primarily used to reap the physiological benefits and reduce the risk of chronic disease.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis. Growing urbanization and growing consumer preference for processed foods are driving the market for specialty food ingredients. However, consumers are aware of the use of food additives that strip products of their nutrients. This has opened the door for consumers who demand safe, quality products with a long shelf life. Consumers believe that the ingredients used to enhance the shelf life of processed foods use artificial ingredients and a high trans-fat content to make the product anti-nutritious. Increasing consumer awareness of the harmful effects of excessive salt consumption. Changing lifestyles and food consumption, combined with growth in the labor force, have increased the demand for processed and ready-to-use food products and should propel market growth over the forecast period. Innovations in R & D in food processing and intensive product use in emerging markets are expected to positively stimulate the Functional Ingredients Market. Functional Ingredients Market is segmented by type, source, application, and region. The global market for functional food ingredients has been categorized into carotenoids, essential oils, vitamins, minerals, probiotics, omega 3 and 6 fatty acids, prebiotics and dietary fiber, hydrocolloids, soy protein, protein, and amino acids. The growing demand for functional foods and beverages around the world is expected to improve growth in the Functional Ingredients Market over the next few years. Geographically, the North America market is projected to form one of the largest shareholders through 2023. This is because of the increase in consumer spending and increases in the consumption of low-fat and low-calorie content foods. Manufacturers in the US are utilizing an improved approach towards manufacturing processors using a range of products that have nutritional benefits further boosting the Functional Ingredients Market. The key players in the Functional Ingredients Market include Cargill (US), Archer Daniels Midland Company (US), Koninklijke DSM N.V. (Netherlands), DowDuPont (US), BASF SE (Germany), and Arla Foods (Denmark). Royal Cosun (Netherlands), Ingredion Incorporated (US), Arla Foods (Denmark), Tate & Lyle (US), Ajinomoto (Japan), Kerry Group (Ireland), BENEO (Germany), Chr. Hansen (Denmark), Kemin Industries (US), and Roquette Frères (France) The objective of the report is to present comprehensive Functional Ingredients Market   including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Functional Ingredients Market   North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Functional Ingredients Market   North America for Asia Pacific   size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Functional Ingredients Market   North America for Asia Pacific make the report investor’s guide.

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Functional Ingredients Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 77.69 Bn.
Forecast Period 2023 to 2029 CAGR: 7.02% Market Size in 2029: US $ 124.92 Bn.
Segments Covered: by Type Probiotics Proteins & amino acids Phytochemical & plant extracts Prebiotics Fibers & specialty carbohydrates Omega-3 fatty acids Carotenoids Vitamins Minerals
by Source Natural Synthetic
by Application Food Beverages

Functional Ingredients Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Functional Ingredients Market Key Players are:

1. Cargill (US) 2. Archer Daniels Midland Company (US) 3. Koninklijke DSM N.V. (Netherlands) 4. DowDuPont (US) 5. BASF SE (Germany) 6. Arla Foods (Denmark) 7. Royal Cosun (Netherlands) 8. Ingredion Incorporated (US) 9. Arla Foods (Denmark) 10.Tate & Lyle (US) 11.Ajinomoto (Japan) 12.Kerry Group (Ireland) 13.BENEO (Germany) 14.Chr. Hansen (Denmark) 15.Kemin Industries (US) 16.Roquette Frères (France) 17.Ingredion Incorporated 18.Golden Grain Group Limited 19.FMC Corporation 20.Omega Protein Corporation 21.NutriBiotic Frequently Asked Questions: 1. Which region has the largest share in Global Functional Ingredients Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Functional Ingredients Market? Ans: The Global Functional Ingredients Market is expected to grow at a CAGR of 7.02% during forecast period 2023-2029. 3. What is scope of the Global Functional Ingredients market report? Ans: Global Functional Ingredients Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Functional Ingredients market? Ans: The important key players in the Global Functional Ingredients Market are – Cargill (US), Archer Daniels Midland Company (US), Koninklijke DSM N.V. (Netherlands), DowDuPont (US), BASF SE (Germany), Arla Foods (Denmark), Royal Cosun (Netherlands), Ingredion Incorporated (US), Arla Foods (Denmark), Tate & Lyle (US), Ajinomoto (Japan), Kerry Group (Ireland), BENEO (Germany), Chr. Hansen (Denmark), Kemin Industries (US), Roquette Frères (France), Ingredion Incorporated, Golden Grain Group Limited, FMC Corporation, Omega Protein Corporation, and NutriBiotic 5. What is the study period of this market? Ans: The Global Functional Ingredients Market is studied from 2022 to 2029.
1. INTRODUCTION 1.1 Report Description 1.1.1 Objectives of the Study 1.1.2 Market Scope 1.1.3 Years considered in the study 1.1.4 Currency 1.1.5 Stakeholders 1.2 Target Audience 1.3 Key Takeaways 2. RESEARCH METHODOLOGY 2.1 Research Methodology 2.2 Market Definition 2.3 Assumptions and Acronyms Used 2.4 Data Sources 2.4.1 Secondary 2.4.1.1 Paid 2.4.1.2 Unpaid 2.4.2 Primary 2.5 Analyst tools and models 3. EXECUTIVE SUMMARY 3.1 Functional Ingredients Market Overview 3.1.1 Functional Ingredients Market : By Type 3.1.2 Functional Ingredients Market : By Application 3.1.3 Functional Ingredients Market : By Source 3.1.4 Functional Ingredients Market : By Region 4. FUNCTIONAL INGREDIENTS MARKET OUTLOOK 4.1 Functional Ingredients Market : Market Definition, Segmentation and Scope of Study 4.2 Functional Ingredients Market : Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 Functional Ingredients Market : Competitive Analysis 4.3.1 Key Strategic Initiatives 4.3.2 Regional Presence 4.3.3 Product Overview 4.4 Functional Ingredients Market : Porter’s Analysis 4.5 Functional Ingredients Market : PESTEL Analysis 4.6 Functional Ingredients Market : Product Benchmark Analysis 4.7 Functional Ingredients Market : Company Market Share Analysis 4.8 Functional Ingredients Market : Key Findings 4.8.1 Functional Ingredients Market : Top Wining Strategies 4.8.2 Functional Ingredients Market : Top Investment Pockets 4.8.3 Functional Ingredients Market : Top Impacting Factors 4.9.Functional Ingredients Market Industry Trends and Emerging Technologies 5. FUNCTIONAL INGREDIENTS MARKET, BY SOURCE 5.1 Functional Ingredients Market : Source segment Market Share analysis 5.2 Functional Ingredients Market : Source segment Market Size and Forecast 2022-2029 5.3 Functional Ingredients Market by Natural 5.4 Functional Ingredients Market by Synthetic 5.5 Functional Ingredients Market Benchmarking By Source 5.6 Functional Ingredients Market by Source : Key Trends 5.7 Functional Ingredients Market by Source : Key Developments 6. FUNCTIONAL INGREDIENTS MARKET , BY APPLICATION 6.1 Functional Ingredients Market : application segment Market Share Analysis 6.2 Functional Ingredients Market : application segment Market Size and Forecast 2022-2029 6.3 Functional Ingredients Market by Food 6.4 Functional Ingredients Market by Beverages 6.5 Functional Ingredients Market Benchmarking By Application 6.6 Functional Ingredients Market by Application: Key Trends 6.7 Functional Ingredients Market by Application: Key Developments 7. FUNCTIONAL INGREDIENTS MARKET, BY TYPE 7.1 Functional Ingredients Market : Type segment Market Share analysis 7.2 Functional Ingredients Market : Type segment Market Size and Forecast 2022-2029 7.3 Functional Ingredients Market by Probiotics 7.4 Functional Ingredients Market by Proteins & amino acids 7.5 Functional Ingredients Market by Phytochemical & plant extracts 7.6 Functional Ingredients Market by Prebiotics 7.7 Functional Ingredients Market by Omega-3 fatty acids 7.8 Functional Ingredients Market by Carotenoids 7.9 Functional Ingredients Market by Vitamins 7.10 Functional Ingredients Market by Minerals 7.11 Functional Ingredients Market Benchmarking By Type 7.12 Functional Ingredients Market by Type: Key Trends 7.13 Functional Ingredients Market by Type: Key Developments 8. FUNCTIONAL INGREDIENTS MARKET , BY GEOGRAPHY 8.1 Functional Ingredients Market : Geography segment Market Share Analysis 8.2 Functional Ingredients Market : Geography segment Market Size and Forecast 2022-2029 8.3 North America 8.3.1 Overview 8.3.2 Functional Ingredients Market Size and Forecast, by Source 2022-2029 8.3.3 Functional Ingredients Market Share Analysis , by Source 2022-2029 8.3.4 Functional Ingredients Market Size and Forecast, by Application 2022-2029 8.3.5 Functional Ingredients Market Share Analysis , by Application 2022-2029 8.3.6 Functional Ingredients Market Size and Forecast, by Type 2022-2029 8.3.7 Functional Ingredients Market Share Analysis , by Type 2022-2029 8.4 Europe 8.4.1 Overview 8.4.2 Functional Ingredients Market Size and Forecast, by Source 2022-2029 8.4.3 Functional Ingredients Market Share Analysis , by Source 2022-2029 8.4.4 Functional Ingredients Market Size and Forecast, by Application 2022-2029 8.4.5 Functional Ingredients Market Share Analysis , by Application 2022-2029 8.4.6 Functional Ingredients Market Size and Forecast, by Type 2022-2029 8.4.7 Functional Ingredients Market Share Analysis , by Type 2022-2029 8.5 Asia Pacific 8.5.1 Overview 8.5.2 Functional Ingredients Market Size and Forecast, by Source 2022-2029 8.5.3 Functional Ingredients Market Share Analysis , by Source 2022-2029 8.5.4 Functional Ingredients Market Size and Forecast, by Application 2022-2029 8.5.5 Functional Ingredients Market Share Analysis , by Application 2022-2029 8.5.6 Functional Ingredients Market Size and Forecast, by Type 2022-2029 8.5.7 Functional Ingredients Market Share Analysis , by Type 2022-2029 8.6 Latin America, Middle East and Africa 8.6.1 Overview 8.6.2 Functional Ingredients Market Size and Forecast, by Source 2022-2029 8.6.3 Functional Ingredients Market Share Analysis , by Source 2022-2029 8.6.4 Functional Ingredients Market Size and Forecast, by Application 2022-2029 8.6.5 Functional Ingredients Market Share Analysis , by Application 2022-2029 8.6.6 Functional Ingredients Market Size and Forecast, by Type 2022-2029 8.6.7 Functional Ingredients Market Share Analysis , by Type 2022-2029 8.7 Functional Ingredients Market Benchmarking By Geography 8.8 Functional Ingredients Market by Geography : Key Trends 8.9 Functional Ingredients Market by Geography : Key Developments 9. COMPETITIVE LANDSCAPE 9.1 Functional Ingredients Market Share/ Positioning Analysis 9.2 Functional Ingredients Market: Key Innovators 9.3 Functional Ingredients Market : Company Profiles 9.3.1 Cargill (U.S.) 9.3.1.1 Overview 9.3.1.2 Product/Service Portfolio 9.3.1.3 Key Financials 9.3.1.4 Strategic Initiatives 9.3.1.5 SWOT Analysis 9.3.1.6 Competitive Assessment 9.3.2 Chr. Hansen (Denmark) 9.3.2.1 Overview 9.3.2.2 Product/Service Portfolio 9.3.2.3 Key Financials 9.3.2.4 Strategic Initiatives 9.3.2.5 SWOT Analysis 9.3.2.6 Competitive Assessment 9.3.3 DuPont (the U.S.) 9.3.3.1 Overview 9.3.3.2 Product/Service Portfolio 9.3.3.3 Key Financials 9.3.3.4 Strategic Initiatives 9.3.3.5 SWOT Analysis 9.3.3.6 Competitive Assessment 9.3.4 Royal DSM (the Netherlands) 9.3.4.1 Overview 9.3.4.2 Product/Service Portfolio 9.3.4.3 Key Financials 9.3.4.4 Strategic Initiatives 9.3.4.5 SWOT Analysis 9.3.4.6 Competitive Assessment 9.3.5 Tate & Lyle (the U.K.) 9.3.5.1 Overview 9.3.5.2 Product/Service Portfolio 9.3.5.3 Key Financials 9.3.5.4 Strategic Initiatives 9.3.5.5 SWOT Analysis 9.3.5.6 Competitive Assessment 9.3.6 Pectin 9.3.6.1 Overview 9.3.6.2 Product/Service Portfolio 9.3.6.3 Key Financials 9.3.6.4 Strategic Initiatives 9.3.6.5 SWOT Analysis 9.3.6.6 Competitive Assessment 9.3.7 Omega-3 (EPA, DHA, ALA) 9.3.7.1 Overview 9.3.7.2 Product/Service Portfolio 9.3.7.3 Key Financials 9.3.7.4 Strategic Initiatives 9.3.7.5 SWOT Analysis 9.3.7.6 Competitive Assessment 9.3.8 Omega-6 9.3.8.1 Overview 9.3.8.2 Product/Service Portfolio 9.3.8.3 Key Financials 9.3.8.4 Strategic Initiatives 9.3.8.5 SWOT Analysis 9.3.8.6 Competitive Assessment 9.3.9 Conjugated linoleic acid 9.3.9.1 Overview 9.3.9.2 Product/Service Portfolio 9.3.9.3 Key Financials 9.3.9.4 Strategic Initiatives 9.3.9.5 SWOT Analysis 9.3.9.6 Competitive Assessment 9.3.10 Rice protein 9.3.10.1 Overview 9.3.10.2 Product/Service Portfolio 9.3.10.3 Key Financials 9.3.10.4 Strategic Initiatives 9.3.10.5 SWOT Analysis 9.3.10.6 Competitive Assessment 9.3.11 hydrolysate Mung bean protein 9.3.11.1 Overview 9.3.11.2 Product/Service Portfolio 9.3.11.3 Key Financials 9.3.11.4 Strategic Initiatives 9.3.11.5 SWOT Analysis 9.3.11.6 Competitive Assessment 9.3.12 Ingredion Incorporated 9.3.12.1 Overview 9.3.12.2 Product/Service Portfolio 9.3.12.3 Key Financials 9.3.12.4 Strategic Initiatives 9.3.12.5 SWOT Analysis 9.3.12.6 Competitive Assessment 9.3.13 Golden Grain Group Limited 9.3.13.1 Overview 9.3.13.2 Product/Service Portfolio 9.3.13.3 Key Financials 9.3.13.4 Strategic Initiatives 9.3.13.5 SWOT Analysis 9.3.13.6 Competitive Assessment 9.3.14 FMC Corporation 9.3.14.1 Overview 9.3.14.2 Product/Service Portfolio 9.3.14.3 Key Financials 9.3.14.4 Strategic Initiatives 9.3.14.5 SWOT Analysis 9.3.14.6 Competitive Assessment 9.3.15 Omega Protein Corporation 9.3.15.1 Overview 9.3.15.2 Product/Service Portfolio 9.3.15.3 Key Financials 9.3.15.4 Strategic Initiatives 9.3.15.5 SWOT Analysis 9.3.15.6 Competitive Assessment 9.3.16 NutriBiotic 9.3.16.1 Overview 9.3.16.2 Product/Service Portfolio 9.3.16.3 Key Financials 9.3.16.4 Strategic Initiatives 9.3.16.5 SWOT Analysis 9.3.16.6 Competitive Assessment 10. CONSOLIDATION 10.1 Functional Ingredients Market: Mergers and Acquisitions 10.1.1 Overview 10.1.2 Functional Ingredients Market : Key Drivers – By Region 10.1.3 Functional Ingredients Market : M&A Breakdown 10.1.3.1 Type Based 10.1.3.2 Source Based 10.1.3.3 Application Based 10.1.3.4 Niche Based 10.1.3.5 Region Based 10.1.3.6 Asset & Non-Asset Based 10.1.3.7 Venture Capitalist Based 10.2 Fragmentation of Functional Ingredients Market 10.3 Functional Ingredients Market : Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 10.4 Functional Ingredients Market - New/Emerging Models of Partnerships : Key Examples 10.5 Functional Ingredients Market : New/Emerging Business Models : Key Examples 10.6 Functional Ingredients Market - Changing Investment Paradigm : Focused areas by Key Players 10.7 Functional Ingredients Market - Patent Analysis 11. Functional Ingredients Market : LIST OF TABLES 12. Functional Ingredients Market : LIST OF FIGURES

About This Report

Report ID 11134
Category Food & Beverages
Published Date June 2023
Updated Date
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