Functional Food market has been witnessing steady growth during the 2022-2027 period. It is anticipated to grow at a CAGR of 10.10% throughout the period of assessment to reflect a market value of US$ 499.55 Bn by 2027 from a value of US$ 280.45 Bn in 2021. Functional Food Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Functional Food Market report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology:- Request Free Sample Report
Functional Food Market Overview:
Functional food can be stated as foods that have a potentially positive effect on health due to its additional functionality which adds new ingredients or more of existing ingredients to the diet. Researchers of functional food suggest that it does not cure disease wholly but aids to reduce the risk of deadly diseases by providing necessary nutrients and proteins. Functional food is also seen to provide benefits to the physiological state.Functional Food Market Dynamics:
Drivers: The demand for fortified food products has been one of the largest growing health and wellness food & beverage category worldwide, followed by naturally healthy, and organic food products. Products like milk formula, energy drinks, sports drink, probiotic yoghurt, juice drinks, cereals and biscuits topped the functional global health and wellness category sector in 2013 as per International Food Information Council (IFIC). Increasing awareness in consumers regarding various diseases, nutritional deficiency, desire for healthy aging and influence of celebrity diets have driven the market for this segment. Consumer interest in healthy food products has been driving the market. Today consumers have different perception about the food product, it is just not a means to combat hunger but also gaining essential nutrients to the body. One important factor for the drivers is associated with the increasing investment in healthcare, the expected increase in life expectancy and the zeal of people to look ageless and young. Restraints: The development, making and commercial aspects of functional food ingredients are multiplex, expensive and scientific. Product development in these sectors requires high technological conditions, consumer demand and legislative regulatory background. A huge investment in research and development is required to carry out a particular strain for the production of probiotics elements present in the product. Opportunities: Natural carotenoids are largely preferred by consumer these days due to their pure form compared to synthetic carotenoids, especially in the dietary supplements area, due to their high nutritional quality. The ongoing methods used for the production of carotenoids are specified and subject to contamination. The application of these methods are expensive and therefore the prices of natural carotenoids like beta and lycopene are three times more than any synthetic carotenoids. According to Nutraceuticals World, anchovy is the most common omega-3 source in 2014, accounting for roughly 70% of the sector. Due to taste, odour, and dietary habits, end consumers in certain parts of the world avoid fish-based items. As a result, fish oil producers are looking at new algae, zooplanktons (krill), and genetically modified (GM) plants as possible sources of omega-3. To meet the growing demand for EPA and DHA, scientists are researching large-scale microalgae cultivation and testing different strains in order to produce more viable and cost-effective omega-3 products. New algae suppliers are entering the market, including Algae Biosciences Inc. (US), Aurora Algae Inc. (US), and Lonza Group (Switzerland) Challenges: Consumer knowledge of the health effects of particular ingredients will influence whether or not a functional food is accepted. Foods enriched with probiotics, prebiotics, flavonoids, carotenoids, and conjugated linolenic acid are favoured over foods enriched with probiotics, prebiotics, flavonoids, carotenoids, and conjugated linolenic acid. To resolve all of the difficulties associated with the selection and growth of strains, as well as the related production process, the researcher must work diligently. The most basic requirement for probiotics is that they contain enough microorganisms to last until the expiration date. To produce health benefits in the host, probiotics must contain particular strains and maintain a certain number of live cells. The minimum number of viable cells needed in a probiotic product for it to be effective has been determined by different countries. Changes in pH and temperature have an effect on probiotic strains. The strains must be able to maintain themselves while being integrated with functional food items. The protection of these probiotic microorganisms is difficult due to their sensitivity to temperature, oxygen, and light.Functional Food Market Segment Analysis:
On the basis of ingredients, the market is segregated into carotenoids, dietary fibers, fatty acids, minerals, prebiotics and probiotics and vitamins. The vitamin section drove the general market in 2021, by means of revenue, followed by dietary fibers and minerals. Countless advantages are related to the consumption of fiber including gut wellbeing support, bringing down cholesterol levels, and controlling glucose levels, among others. These benefits, combined with the developing functional food industry, are expected to dominate a critical part in the development of the dietary fiber segment. Dietary fibre, which is often found in fruits, vegetables, whole grains, and legumes, is best known for its ability to prevent and alleviate constipation. Fiber-rich foods, on the other hand, will help you maintain a healthy weight and reduce your risk of diabetes and heart disease. The prebiotics and probiotics segment is expected to observe the quickest development during the forecast time frame. Prebiotics are short-chain carbohydrates that are not easily digestible by human digestive enzymes and boost the function of some beneficial bacteria. Beneficial bacteria in the intestine ferment prebiotics to produce short-chain fatty acids. Prebiotics likewise render numerous other medical advantages in the digestive organ, for example, diminish the hazard of malignancy and expanded retention of calcium and magnesium. Prebiotics are found in a few vegetables and products of the soil considered useful food parts that present huge mechanical benefits. On the basis of application, the market is segregated into sports nutrition, weight loss, immunity, digestive health, clinical nutrition, and cardio health. In 2020, the cardio health segment was the most common, accounting for 24.2 per cent of the market. Due to the demand for functional foods in cardiovascular diseases, congestive heart failure, artery hardening, and congenital heart defects, it is expected to grow at an annual rate of 8.1 per cent from 2022 to 2027. Digestive health is expected to develop as a result of a strong desire to preserve digestive health among women throughout their reproductive lives and men, especially after 40 years of age. Because of a variety of health goals, such as improving joint health, weight loss, and bone and muscle strength, there is a growing demand for functional foods and beverages. By improving digestion, these foods can also lower the risk of cardiovascular disease and type 2 diabetes. They also aid in the reduction of wrinkles. Functional foods will help you lose weight and reduce your risk of noncommunicable diseases by enhancing your metabolism, optimising nutrition absorption, and aiding digestion. The preference of consumers for lower sugar intake is expected to have a positive impact on development. On the basis of product, the market is segregated into Non-vegetarian products (Meat, Fish and Eggs), as well as soy products and fats and oils. In terms of sales, the dairy goods segment led the overall market in 2021, followed by bakery and cereals. Meat, fish, and eggs, as well as soy products and fats and oils, are other major product segments. The industry is expected to benefit from new innovations in the bakery and cereals sectors. Over the forecast era, rising demand for functional snack and cereal bars such as energy bars, protein bars, and nutrition bars is expected to drive significant growth. Companies like Kellogg are introducing new product lines to grab market share, so fortified cereals are expected to rise quickly.Functional Food Market Regional Analysis:
The market has been divided into five regions: North America, Europe, Asia Pacific, Central and South America, and the Middle East and Africa (MEA). In terms of sales, Asia Pacific accounted for more than 40% of the total market share in 2021. The introduction of e-commerce portals in Southeast Asia, such as Ali-Baba and Made-in-China, is expected to have a positive effect on the regional economy. The Asia Pacific has probably the biggest market for these items inferable from the expanding populace combined with rising discretionary cash flow. Quickly developing utilization of prepared food alongside rising mindfulness in regards to wellbeing and wellness in creating economies are significant driving elements for the local market. The area is portrayed by developing sanitation worries among shoppers, impacting buyer conduct, consequently driving the development. Food stronghold is required to be the vital concentration for the public authority to battle expanding worries of unhealthiness and destitution. This factor, thusly, is relied upon to contribute fundamentally to the market development.Functional Food Market Scope: Inquire before buying
Global Functional Food Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2027 Historical Data: 2017 to 2021 Market Size in 2021: US $ 280.45 Bn. Forecast Period 2022 to 2027 CAGR: 10.10% Market Size in 2027: US $ 499.55 Bn. Segments Covered: by Ingredients • Carotenoids • Dietary fibers • Fatty acids • Minerals Prebiotics • Probiotics and Vitamins by Application • Sports nutrition • Weight loss • Immunity • Digestive health • Clinical nutrition • Cardio health by Product • Meat, Fish and Eggs • Soy Products • Fats & Oils Functional Food Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaFunctional Food Market Key Players
• BASF SE • Cargill Inc • General Mills • Coca-Cola Co • Standard Functional Foods Group • GFR Pharma • Kellogg NA • Abbott • Hearthside Food Solutions • Nestle SA • Tyson Foods • DowDuPont • Puris • Archer Daniels Midland • BioCare Copenhagen A/S Frequently Asked Questions: 1. Which region has the largest share in Functional Food Market? Ans: Asia Pacific region holds the highest share in 2021. 2. What is the growth rate of Functional Food Market? Ans: The Functional Food Market is growing at a CAGR of 10.10% during forecasting period 2022-2027. 3. What segments are covered in Functional Food market? Ans: Functional Food Market is segmented into Ingredients, Application, Product and Region. 4. Who are the key players in Functional Food market? Ans: The important key players in the Functional Food Market are BASF SE, Cargill Inc, General Mills, Coca-Cola Co, Standard Functional Foods Group, GFR Pharma, Kellogg NA, Abbott 5. What is the study period of this market? Ans: The Functional Food Market is studied from 2021 to 2027.
To know about the Research Methodology:- 1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Ingredients 2.3.2. Primary Research 2.3.2.1. Data from Primary Ingredients 2.3.2.2. Breakdown of Primary Ingredients 3. Executive Summary: Functional Food Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Functional Food Market 3.4. Geographical Snapshot of the Functional Food Market, By Manufacturer share 4. Functional Food Market Overview, 2021-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Ingredients 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Functional Food Market 5. Supply Side and Demand Side Indicators 6. Functional Food Market Analysis and Forecast, 2021-2027 6.1. Functional Food Market Size & Y-o-Y Growth Analysis. 7. Functional Food Market Analysis and Forecasts, 2021-2027 7.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 7.1.1. Carotenoids 7.1.2. Dietary fibers 7.1.3. Fatty acids 7.1.4. Minerals Prebiotics 7.1.5. Probiotics and Vitamins 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 7.2.1. Sports nutrition 7.2.2. Weight loss 7.2.3. Immunity 7.2.4. Digestive health 7.2.5. Clinical nutrition 7.2.6. Cardio health 7.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 7.3.1. Meat, Fish and Eggs 7.3.2. Soy Products 7.3.3. Fats & Oils 8. Functional Food Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. Asia Pacific Functional Food Market Analysis and Forecasts, 2021-2027 9.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 9.1.1. Carotenoids 9.1.2. Dietary fibers 9.1.3. Fatty acids 9.1.4. Minerals Prebiotics 9.1.5. Probiotics and Vitamins 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 9.2.1. Sports nutrition 9.2.2. Weight loss 9.2.3. Immunity 9.2.4. Digestive health 9.2.5. Clinical nutrition 9.2.6. Cardio health 9.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 9.3.1. Meat, Fish and Eggs 9.3.2. Soy Products 9.3.3. Fats & Oils 10. North America Functional Food Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Functional Food Market Analysis and Forecasts, 2021-2027 11.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 11.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 12. Canada Functional Food Market Analysis and Forecasts, 2021-2027 12.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 12.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 13. Mexico Functional Food Market Analysis and Forecasts, 2021-2027 13.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 13.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 14. Europe Functional Food Market Analysis and Forecasts, 2021-2027 14.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 14.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 15. Europe Functional Food Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Functional Food Market Analysis and Forecasts, 2021-2027 16.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 16.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 17. France Functional Food Market Analysis and Forecasts, 2021-2027 17.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 17.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 18. Germany Functional Food Market Analysis and Forecasts, 2021-2027 18.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 18.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 19. Italy Functional Food Market Analysis and Forecasts, 2021-2027 19.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 19.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 20. Spain Functional Food Market Analysis and Forecasts, 2021-2027 20.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 20.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 21. Sweden Functional Food Market Analysis and Forecasts, 2021-2027 21.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 21.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 22. CIS Countries Functional Food Market Analysis and Forecasts, 2021-2027 22.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 22.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 23. Rest of Europe Functional Food Market Analysis and Forecasts, 2021-2027 23.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 23.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 24. Asia Pacific Functional Food Market Analysis and Forecasts, 2021-2027 24.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 24.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 25. Asia Pacific Functional Food Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Functional Food Market Analysis and Forecasts, 2021-2027 26.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 26.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 27. India Functional Food Market Analysis and Forecasts, 2021-2027 27.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 27.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 28. Japan Functional Food Market Analysis and Forecasts, 2021-2027 28.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 28.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 29. South Korea Functional Food Market Analysis and Forecasts, 2021-2027 29.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 29.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 30. Australia Functional Food Market Analysis and Forecasts, 2021-2027 30.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 30.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 31. ASEAN Functional Food Market Analysis and Forecasts, 2021-2027 31.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 31.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 32. Rest of Asia Pacific Functional Food Market Analysis and Forecasts, 2021-2027 32.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 32.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 33. Middle East Africa Functional Food Market Analysis and Forecasts, 2021-2027 33.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 33.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 34. Middle East Africa Functional Food Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Functional Food Market Analysis and Forecasts, 2021-2027 35.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 35.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 36. GCC Countries Functional Food Market Analysis and Forecasts, 2021-2027 36.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 36.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 37. Egypt Functional Food Market Analysis and Forecasts, 2021-2027 37.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 37.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 38. Nigeria Functional Food Market Analysis and Forecasts, 2021-2027 38.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 38.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 39. Rest of ME&A Functional Food Market Analysis and Forecasts, 2021-2027 39.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 39.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 40. South America Functional Food Market Analysis and Forecasts, 2021-2027 40.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 40.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 41. South America Functional Food Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Functional Food Market Analysis and Forecasts, 2021-2027 42.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 42.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 43. Argentina Functional Food Market Analysis and Forecasts, 2021-2027 43.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 43.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 44. Rest of South America Functional Food Market Analysis and Forecasts, 2021-2027 44.1. Market Size (Value) Estimates & Forecast By Ingredients, 2021-2027 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 44.3. Market Size (Value) Estimates & Forecast By Product, 2021-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Functional Food Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Herbs & Spices, Presence, Market Share, Fiber Ingredients and R&D Investment 45.2.2. New Ingredients Launches and Ingredients Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. BASF SE 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Ingredients Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Development 45.3.2. Cargill Inc 45.3.3. General Mills 45.3.4. Coca-Cola Co 45.3.5. Standard Functional Foods Group 45.3.6. GFR Pharma 45.3.7. Kellogg NA 45.3.8. Abbott 45.3.9. Hearthside Food Solutions 45.3.10. Nestle SA 45.3.11. Tyson Foods 45.3.12. DowDuPont 45.3.13. Puris 45.3.14. Archer Daniels Midland 45.3.15. BioCare Copenhagen A/S