Functional Food Ingredients Market Size, Share, Analysis and Projection, Application, and Region – Global Forecast to 2027 | Reports And Data

According to the current analysis of Reports and Data, the global Functional Food Ingredients market was valued at USD 68.45 billion in 2018 and is expected to reach USD 113.01 billion by the year 2026, at a CAGR of 6.4%. Functional foods offer enhanced benefits beyond their fundamental nutritional value. They encompass an extensive range of products. Some products are generated around a ingredient, for example, foods containing probiotics, prebiotics, or plant stanols and sterols. Other foodstuffs or drinks can be fortified with a nutrient that would not usually be present to any great extent (for instance, folic acid fortified bread or breakfast cereals).

The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Functional Food Ingredients market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Functional Food Ingredients business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.

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The rise in demand for automobiles is expected to drive the market in the coming years. A significant challenge in the market’s growth is affected by the unstable price of the raw materials. Market demand is expected to be restrained by the rising demand for plastic-free products. Rising applications of Functional Food Ingredients in the coatings and paints are driving the market. The increasing usage of bio-based Functional Food Ingredients will also supplement Functional Food Ingredients market revenue share through 2027

Further key findings from the report suggest

The phytochemical and plant extracts segment is expected to register a growth at a CAGR of 6.1% during the forecast period

Nucleotides, a component of non-protein nitrogen in human milk, may be important for normal immune function. Supplementation of infant formula with nucleotides seems to be beneficial in clinical trials, although further research is needed before routine nucleotide supplementation of infant formula can be considered. The success of commercially prepared infant formulas has stimulated the development of numerous formulations and several hundred varieties of proprietary infant formulas are now available throughout the world.

Omega-3 oils are essential fatty acids that offer a wide range of benefits, including cardiovascular, eye, and brain health. Long-chain omega-3 oils, especially EPA and DHA, are primarily used as nutritional and pharmaceutical products. They have a range of mechanisms of action, including direct membrane effects and anti-inflammatory benefits. Due to the full range of potential health benefits of EPA and DHA, in particular, there has been a lot of research effort aimed at adding these ingredients into food and beverage.

Competitive Terrain:

The global Functional Food Ingredients market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.

The leading companies operating across the global Functional Food Ingredients market are listed below:

DowDuPont (US), Archer Daniels Midland Company (US), Arla Foods (Denmark), BASF SE (Germany), Cargill (US), Chr. Hansen (Denmark), Amway, Kerry Group PLC., Nestle, Standard Functional Foods Group Inc. among others.

Type Outlook (Revenue in Billion USD; 2016–2026)

Probiotics

Proteins & amino acids

Phytochemical & plant extracts

Prebiotics

Fibers & specialty carbohydrates

Omega-3 fatty acids

Carotenoids

Vitamins

Minerals

Source Outlook (Revenue in Billion USD; 2016–2026)

Natural

Synthetic

Application Outlook (Revenue in Billion USD; 2016–2026)

Food

Beverages

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Key Takeaways from the Global Functional Food Ingredients Market report:

The global Functional Food Ingredients market report entails a broad product segmentation.

It methodically evaluates the overall product expanse of this business space.

The report covers pivotal information about the accrued market share of each product type, their profit estimations, and production growth graph.

The report provides the reader with a generic summary of the application gamut of the global Functional Food Ingredients market.

The report further details the market share and product demand for each application segment.

The study estimates the growth rate of each application segment over the projected timeframe.

Moreover, the report offers crucial information on the different parameters boosting the global market expansion, such as raw material production and market concentration rates.

Table Of Contents:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Functional Food Ingredients Market Segmentation & Impact Analysis

Chapter 5. Functional Food Ingredients Market, By Type Insights & Trends

Chapter 6. Functional Food Ingredients Market, By Application Insights & Trends

Chapter 7. Functional Food Ingredients Market, By End Use Insights & Trends

Chapter 8. Functional Food Ingredients Market Regional Outlook

Chapter 9. Competitive Landscape

Chapter 10. Company Profiles

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