Functional Food Ingredients Market: Thriving Amid Global Challenges with Resilient Strategies
Emergen Research’s latest market research report focuses on the global Functional Food Ingredients Market and the report provides in-depth analysis of each of its major segments. Reports about the global Functional Food Ingredients Market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors. Functional Food Ingredients industry projections and qualitative and quantitative assessments have been provided by the report's authors.
The global functional food ingredients market size was USD 105.60 Billion in 2022 and is expected to register a rapid revenue CAGR of 6.9% during the forecast period. Rising prevalence of chronic diseases is primary key factor driving market revenue growth. Functional meals provide the human body with essential nutrients that aid in prevention of chronic diseases as these are high in antioxidants, which help to neutralize free radicals that damage healthy cells and reduce the risk of chronic diseases including heart disease, cancer, and diabetes. In addition, high-fiber diets help to prevent illnesses such as obesity, heart disease, stroke, and Gastrointestinal (GI) disorders is another key factor driving revenue growth of the market. According to the World Health Organization (WHO), 41 million people every year die due to chronic diseases globally, among which cardiovascular illnesses accounted for majority of death i.e., 17.9 million people per year, followed by malignancies 9.3 million individuals, chronic respiratory diseases 4.1 million individuals, and diabetes-related kidney disease around 2.0 million people per year. Functional foods are fortified, enriched, and improved foods that give health advantages in addition to basic nutrients, such as vitamins and minerals, when ingested in effective amounts on a regular basis. Functional food ingredients prevent nutritional deficiencies and stimulates growth and development. For instance, oats are high in beta-glucan, a type of fiber that reduces inflammation, promotes immunological function, and improves cardiac health.The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
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The report contains updated information about the ongoing COVID-19 pandemic and acts as an accurate analysis of the COVID-19 impact on the Functional Food Ingredients market. The report draws attention to the COVID-19 impact on the market and its crucial segments. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. Financial difficulties brought by the pandemic have delayed the progress rate of various businesses and disrupted the global supply chains. The report further provides a future impact assessment of the Functional Food Ingredients market concerning COVID-19.
The report also discusses the key players involved in the market such as Cargill, Incorporated, BASF SE, ADM¸ DuPont, Arla Foods Amba, Kerry Group plc, Ajinomoto Co., Inc., DSM, Ingredion, and DSM
Additional information offered by the report:
- Along with a complete overview of the global Functional Food Ingredients Market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Functional Food Ingredients Market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Functional Food Ingredients market expected to boost the growth of the industry in the coming years.
Functional Food Ingredients Market Segmentation:
Type of Ingredient Outlook (Revenue, USD Billion; 2019–2032)
- Probiotics
- Proteins & Amino Acids
- Phytochemicals & Plant Extracts
- Prebiotics
- Fiber & Specialty Carbohydrates
- Carotenoids
- Vitamins
Source Outlook (Revenue, USD Billion; 2019–2032)
- Animal
- Plant
- Microbial
Health Benefit Outlook (Revenue, USD Billion; 2019–2032)
- Gut Health
- Cardiovascular Health
- Immunity
- Nutritive Health
- Weight Management
- Other Health Benefits
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ToC of the report:
Chapter 1: Functional Food Ingredients Market overview and scope
Chapter 2: Functional Food Ingredients Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Functional Food Ingredients Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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