Functional Food Ingredients Market Size and Prediction by Leading Manufacturers According to Its Application and Types Till 2027
Global Functional Food Ingredients Market
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). Functional
foods and drinks provide vast benefits in health terms. A large number of
adults use such kinds of foods and beverages products for a variety of
fitness-related concerns, including high cholesterol, obesity, high blood
pressure, and heart condition.
The
report offers the latest impact of the COVID-19 crisis on the industry
verticals. COVID-19 began in 2019 and has since then affected every country of
the world, with the WHO declaring it as a public health emergency. The pandemic
has brought dynamic changes in the industry as it has affected the supply
chain, demands, trends, and overall market scenario. The report offers an
initial and future impact assessment of the pandemic on key segments of the
industry and offers revenue information in the post-pandemic scenario.
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The
report is an engaging document that provides vital statistical information
about the market in terms of dales, revenue, market share, and market size with
regards to product types, application spectrum, regional bifurcation, leading
players, and technological advancements.
A
comprehensive analysis of the competitive landscape is offered in the report
along with a study of the company profiles, product portfolio, manufacturing
and production capacity, technological developments, R&D advancements, and
strategic initiatives of the prominent players of the industry. Prominent
players operating in the industry and profiled in the report include 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.
The Global Functional Food Ingredients Market is
segmented as follows:
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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The
report provides an explicit analysis of the market with regards to growth
driving factors, restraining factors, regulatory framework, threats and
opportunities, financial hurdles to offer a thorough outlook of the market. The
report also covers value chain analysis, market share, market size, CAGR, sales
and revenue, import/export, the scope of the market, growth prospects, and
other key factors. The report offers a regional analysis that covers key
geographies such as North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa.
The
report applies advanced analytical tools such as SWOT analysis, Porter’s Five
Forces analysis, along with feasibility analysis and investment return
analysis. It also offers strategic recommendations to new entrants as well as
established companies about market barriers. It also offers insights into
futuristic business opportunities, market scope, threats, and obstacles, to
enable fruitful business decision-making process.
Furthermore,
the report renders a complete analysis of the Functional Food Ingredients
market that allows readers to formulate profitable and lucrative business
strategies by offering insights into the competitive landscape, crucial market
details, growth prospects, regional rules and regulations, and other key
factors.
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