Functional Food Market Share, Size, Type, Demand, Overview Analysis, Trends, Opportunities, Key Growth, Development and Forecasts 2023 to 2029
The Global Functional Food Market was estimated at USD 196.98 Billion in 2021, and is projected to reach USD 282.01 Billion by 2028, growing at a CAGR of 5.26% over the analysis period.
Functional Food
The Global Functional Food Market was estimated at USD 196.98 Billion in 2021, and is projected to reach USD 282.01 Billion by 2028, growing at a CAGR of 5.26% over the analysis period.
Functional foods are type of foods that offer health benefits and additional nutritional value to the human body. The foods fortified with fiber, probiotics, prebiotics, vitamins and minerals, as well as fruits, whole grains, fermented foods, seeds, nuts, and vegetables are some of the nutrient-rich functional foods. The modified functional foods such as yogurt, milk, rice, coconut, almond and cashew milk, eggs, granola, pasta and others are some of the healthy alternatives providing nutritional benefits. Functional foods are high in demand as they prevent nutrition deficiencies, cell damages, and chronic diseases, and they boost the growth and development in infants and children. Several factors such as growing instances of chronic diseases, growth of the middle class in developing economies, conduction of government fortification programs, growth of older population and rising consumer interest in health and wellness is anticipated to drive the sales of nutrition-rich and fortified foods, thereby driving the market demand for functional food ingredients.
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The latest report on the Functional Food market provides a detailed analysis of the market for the years 2022 to 2028. It presents a comprehensive overview of the global Functional Food industry, incorporating all key industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Functional Food market. Moreover, the research covers crucial chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to grasp the market direction and development in the present and forthcoming years. The report is meant to assist clients to obtain information and making decisions that will help them build their businesses. The study is produced with a specific aim in mind: to deliver business insights and consultation to help customers make wise business decisions and achieve long-term success in their particular market segments.
Companies Mentioned:
Merit Functional Foods(Winnipeg),Danone SA (France),Del Monte Pacific Limited (DMPL) (Singapore),Dr Pepper Snapple Group, Inc. (USA),General Mills, Inc. (USA),Glanbia Nutritionals Limited (UK),MaxiNutrition (UK),GNC Holdings, Inc. (USA),Hangzhou Wahaha Group Co., Ltd. (China),Herbalife International, Inc. (USA),Kellogg Company (USA),Meiji Holdings Co., Ltd. (Japan),Natural Products, Inc. (USA),Nestle Nutrition (Switzerland), and other major players.
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The Report Will Include A Major Chapter
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
- Company Profiling and Competitive Positioning
- Industry Value Chain Analysis
- Market Dynamics and Factors
- Porter’s Five Forces Analysis
- Pestle Analysis
- SWOT Analysis
Additionally, we are offering company profiles for all of the major key companies. Please take the time to visit our company profiles. If you want to do any customized profiling for the companies do let us know.
Segments Covered
The report on Functional Food Market provides detailed analysis of segments in the market based on Type, Application
Segmentation based on Ingredient
- Probiotics
- Carotenoids
- Minerals
- Proteins & Amino Acids
- Vitamins
- Others
Segmentation based on Application
- Sports Nutrition
- Weight Management
- Clinical Nutrition
- Cardio Health
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Key Topics Covered:
- Report Overview
- Executive Summary
- Overview
- Functional Food Market by Type
- Functional Food Market by Applications
- Company Profiles
Why Purchase the Report?
- Visualize the composition of the global Functional Food market products in terms of Product and application highlighting the critical commercial assets and players.
- Identify commercial opportunities in the global Functional Food market by analyzing trends and co-development deals.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
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