Functional Food Ingredients Market Size
Global Functional Food Ingredients Market reached USD 84.4 billion in 2022 and is expected to reach USD 147.8 billion by 2031 growing with a CAGR of 7.1% during the forecast period 2024-2031. One trend in the functional food ingredients market is the growing demand for health-promoting ingredients.
The functional food ingredients market is experiencing significant global growth as consumers increasingly seek food products that offer health benefits beyond basic nutrition. Key drivers include a rising focus on preventive healthcare and a growing demand for natural, health-promoting solutions. Functional food ingredients such as probiotics, fiber, and vitamins are in high demand as consumers prioritize their well-being.
Health consciousness among consumers is a major factor driving the functional food ingredients market. For example, the demand for probiotics has surged due to their recognized digestive health benefits. Consuming more probiotic foods can increase the number of beneficial bacteria in the body. Fermented foods like yogurt, kombucha, and miso are excellent sources of these be
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Market Dynamics
Functional food ingredients offer health-promoting benefits, disease prevention, energy boosting, and overall wellness. These ingredients, extracted from natural substances, are intended to be added to finished products to enhance their nutritional value. Consumers are increasingly seeking convenient, nutritious meals and beverages with high nutritional content.
Nutraceuticals, which contain bioactive components, are products isolated or purified from foods but sold in medicinal forms not typically associated with food. These products have been shown to provide physiological benefits or protection against chronic diseases. Examples include capsules containing bioflavonoids or gamma-linoleic acid.
Functional Food Ingredients custiomiz reports
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Market Segment Analysis
By Type
Minerals
Prebiotics
Omega-3 & 6 Fatty Acids
Essential Oils
Hydrocolloids
Others
By Applications
Dairy Products
Soy Products
Fruits & Vegetables
Functional Food Ingredients Market Key Players
The major global players in the market include Kerry Inc., BENEO, Cargill, Inc., Koninklijke Dsm N.V., Archer Daniels Midland Company, Ingredion Inc., DuPont., Tate & Lyle, Chr. Hansen, and Kemin Industries.
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