Functional food ingredients help in proper weight management, improves infant health, and helps in preventing conditions such as high blood pressure. Functional food ingredient is becoming increasingly popular among the younger section of the population who are becoming conscious about health and wellness.
The functional food ingredients market report provides analysis for the period from 2016 to 2026, where 2018 to 2026 is the forecast period with 2018 as the base year. This report on functional food ingredient covers an in-depth analysis of the market including statistical and subjective data points, along with the key market drivers and opportunities & restraints that have positive or negative effects on the overall global market. An exclusive coverage has been provided for market drivers and challenges & opportunities for a country-level market in the respective regional segments. The report comprises a competitive analysis of the key players functioning in the market and covers in-depth data related to the competitive landscape of the market and the recent strategies & products that will assist or affect the market in the coming years.
The global functional food ingredients market has been segmented on the basis of different type, source, and applications. On the basis of different types, the market is segmented into probiotics, prebiotics, proteins & amino acids, phytochemicals & plant extracts, fibres & specialty carbohydrates, vitamins, minerals, and others. By different forms, the market is segmented into animal and plant source. By different applications, the market is segmented into food and beverages. The food segment has been further segmented into dairy products, infant food, bakery & confectionery products, snacks and others. The beverage segment is further segmented into juices, energy drinks, and health drinks.
Probiotic segment dominated the market in 2018 and is expected to display a similar trend in the coming years
In terms of different types, the probiotic segment dominated the market in 2018. Probiotics refers to the group of micro-organisms which when added to food products offer health benefit to the consumers. They offer several nutritional benefits besides providing basic nutritional value, resulting in the dominance of probiotics in the functional food ingredients market.
The food segment witnessed fastest growth rate during the forecast period
There is an increasing preference towards healthier diet that not only takes care of appetite but also enhances the immunity. In addition to this, product innovation in terms of variant offerings and flavours generate significant opportunities for the growth of applications in the functional food ingredients market.
The naturals segment dominated the market in 2018 and expected to display similar trend in the coming years
Preference towards food ingredients in natural form are widely used owing to the rising consumer demand for natural ingredients. In addition to this, increasing health benefits associated with ingredients sourced from natural sources are also driving the overall market of the functional food ingredients.
By Type
By Source
By Application
Food
-Dairy Products
-Infant Food
-Bakery & Confectionery Products
-Snacks and Others
Beverage
-Juices
-Energy Drinks
-Health Drinks
Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Thailand
Indonesia
Rest of APAC
LATAM
Brazil
Argentina
Rest of LATAM
Middle East Africa
South Africa
GCC
Rest of MEA
The Asia-Pacific region is expected to witness the fastest growth rate during the forecast period
In terms of different regions, the Asia Pacific functional food ingredient market is expected to witness the fastest growth during the forecast period. This is mainly due to the rising trend towards the consumption of food and beverage products having probiotics. Consumers prefer to buy beverage products that offers digestive benefits to children and elderly people.
Europe’s functional food ingredients market is expected to witness a significant growth rate during the forecast period
The consumers in Europe prefer healthy diets owing to the growing health concerns due to stress, overwork, insomnia, degeneration, and depression, among others. In addition to this, concerns related to genetically modified foods are resulting in a rise in demand for the substitute of vegetable protein. Therefore, this is resulting in an increase in demand for functional food ingredients over the years.
The major players operating in the global functional food ingredients market are Archer Daniels Midland Company, Cargill Incorporated, BASF SE, E.I. DuPont de Nemours and Company, Koninklijke DSM N.V., Ingredion Incorporated, Tate & Lyle, Associated British Foods, New Asia Ingredients Pvt Ltd. among others. The players have stepped up new product innovations and new product launches in order to gain more attention from the customers.
Moreover, the functional food ingredients market growth is attributed to strategic mergers & acquisitions, geographical expansions, and joint ventures & partnerships, in order to ensure long-term sustenance in the market. Companies such as Cargill Inc., Archer Daniels Midland (ADM) Company are focusing upon new product launches in order to grab more customer attention. For instance, ADM has introduced plant-based soft drinks in order to grab greater customer attention.
Key Questions Answered in the Report:
• What is the market value of the overall functional food ingredient market and segments?
• What are the different segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities, and challenges in the market and how are they expected to impact the market?
• What are the attractive segments and geographies to invest in?
• What is the market value at the regional and the country level?
• Who are the key market players and their key competitors?
• What are the different strategies that are adopted by the key players in the market?
• How does a particular company rank against its competitors with respect to revenue, profit comparison, operational efficiency, cost competitiveness, and market capitalization?
• How financially strong are the key players in the market (on the basis of revenue and profit margin, market capitalization, expenditure analysis, investment analysis)?
• What are the recent trends in the market? (M&A, partnerships, new product developments, expansions)
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Functional Food Ingredients Market, 2016-2023, (US$ Mn)
2.1 Market Snapshot: Global Functional Food Ingredients Market
2.2 Market Dynamics
2.3 Global Functional Food Ingredients Market, by Segment, 2018
2.3.1 Global Functional Food Ingredients Market, by Type, 2018, (US$ Mn)
2.3.2 Global Functional Food Ingredients Market, by Source, 2018, (US$ Mn)
2.3.3 Global Functional Food Ingredients Market, by Application, 2018 (US$ Mn)
2.3.4 Global Functional Food Ingredients Market, by Region, 2018 (US$ Mn)
2.4 Premium Insights
2.4.1 Functional Food Ingredients Market In Developed Vs. Developing Economies, 2018 vs 2023
2.4.2 Global Functional Food Ingredients Market: Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Increasing consumer awareness regarding health and wellness is resulting to the rise in the demand for functional food ingredients
3.2.2 Driver 2
3.2.3 Driver 3
3.3 Market Restraints
3.3.1 Restraint 1
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Opportunity 1
3.4.2 Opportunity 2
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
Chapter 4 Global Functional Food Ingredients Market, by Type
4.1 Market Overview, by Type
4.1.1 Global Functional Food Ingredients Market, by Type, 2016-2023 (US$ Mn)
4.1.2 Incremental Opportunity, by Type, From 2018-2023
4.2 Probiotics
4.2.1 Global Functional Food Ingredients Market, by Probiotics, 2016-2023, (US$ Mn)
4.3 Prebiotics
4.3.1 Global Functional Food Ingredients Market, by Prebiotics, 2016-2023, (US$ Mn)
4.4 Proteins & Amino acids
4.4.1 Global Functional Food Ingredients Market, by Protein & Amino acids, 2016-2023 (US$ Mn)
4.5 Phytochemicals & Plant Extracts
4.5.1 Global Functional Food Ingredients Market, by Phytochemicals & Plant Extracts, 2016-2023 (US$ Mn)
4.6 Fibres & Specialty Carbohydrates
4.6.1 Global Functional Food Ingredients Market, by Fibres & Specialty Carbohydrates, 2016-2023 (US$ Mn)
4.7 Vitamins
4.7.1 Global Functional Food Ingredients Market, by Vitamins, 2016-2023 (US$ Mn)
4.8 Others
4.8.1 Global Functional Food Ingredients Market, by Others, 2016-2023 (US$ Mn)
Chapter 5 Global Functional Food Ingredients Market, by Source
5.1 Market Overview, by Source
5.1.1 Global Functional Food Ingredients Market, by Source, 2016-2023 (US$ Mn)
5.1.2 Incremental Opportunity, by Source, From 2018-2023
5.2 Plant
5.2.1 Global Functional Food Ingredients Market, by Plant, 2016-2023, (US$ Mn)
5.3 Animal
5.3.1 Global Functional Food Ingredients Market, by Animal, 2016-2023, (US$ Mn)
Chapter 6 Global Functional Food Ingredients Market, by Application
6.1 Market Overview, by Application
6.1.1 Global Functional Food Ingredients Market, by Application, 2016-2023 (US$ Mn)
6.1.2 Incremental Opportunity, by Application, From 2018-2023
6.2 Food
6.2.1 Global Functional Food Ingredients Market, by Food, 2016-2023, (US$ Mn)
6.2.2 Infant Food
6.2.3 Bakery & Confectionery Products
6.2.4 Snacks
6.2.5 Others
6.3 Beverages
6.3.1 Global Functional Food Ingredients Market, by Beverages, 2016-2023, (US$ Mn)
6.3.2 Juices
6.3.3 Energy Drinks
6.3.4 Health Drinks
Chapter 7 Global Functional Food Ingredients Market, by Region
7.1 Market Overview, by Region
7.1.1 Global Functional Food Ingredients Market, by Region, 2016-2023, (US$ Mn)
7.2 Attractive Investment Opportunity, by Region, 2018
7.3 North America Functional Food Ingredients Market
7.3.1 North America Functional Food Ingredients Market, by Type, 2016-2023 (US$ Mn)
7.3.2 North America Functional Food Ingredients Market, by Source, 2016-2023 (US$ Mn)
7.3.3 North America Functional Food Ingredients Market, by Application, 2016-2023 (US$ Mn)
7.3.4 United States Country Profile
7.3.4.1 United States Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.3.5 Canada Country Profile
7.3.5.1 Canada Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.3.6 Mexico Country Profile
7.3.6.1 Mexico Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.4 Europe Functional Food Ingredients Market
7.4.1 Europe Functional Food Ingredients Market, by Type, 2016-2023 (US$ Mn)
7.4.2 Europe Functional Food Ingredients Market, by Source, 2016-2023 (US$ Mn)
7.4.3 Europe Functional Food Ingredients Market, by Application, 2016-2023 (US$ Mn)
7.4.4 United Kingdom Country Profile
7.4.4.1 United Kingdom Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.4.5 Germany Country Profile
7.4.5.1 Germany Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.4.6 France Country Profile
7.4.6.1 France Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.4.7 Italy Country Profile
7.4.7.1 Italy Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.4.8 Spain Country Profile
7.4.8.1 Spain Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.4.9 Rest of Europe
7.4.9.1 Rest of Europe Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.5 Asia Pacific Functional Food Ingredients Market
7.5.1 Asia Pacific Functional Food Ingredients Market, by Type, 2016-2023 (US$ Mn)
7.5.2 Asia Pacific Functional Food Ingredients Market, by Source, 2016-2023 (US$ Mn)
7.5.3 Asia Pacific Functional Food Ingredients Market, by Application, 2016-2023 (US$ Mn)
7.5.4 China Country Profile
7.5.4.1 China Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.5.5 Japan Country Profile
7.5.5.1 Japan Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.5.6 India Country Profile
7.5.6.1 India Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.5.7 South Korea Country Profile
7.5.7.1 South Korea Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.5.8 Southeast Asia Country Profile
7.5.8.1 Southeast Asia Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.5.9 Rest of Asia Pacific
7.5.9.1 Rest of Asia Pacific Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.6 Latin America Functional Food Ingredients Market
7.6.1 Latin America Functional Food Ingredients Market, by Type, 2016-2023 (US$ Mn)
7.6.2 Latin America Functional Food Ingredients Market, by Source, 2016-2023 (US$ Mn)
7.6.3 Latin America Functional Food Ingredients Market, by Application, 2016-2023 (US$ Mn)
7.6.4 Brazil Country Profile
7.6.4.1 Brazil Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.6.5 Argentina Country Profile
7.6.5.1 Argentina Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.6.6 Rest of Latin America
7.6.6.1 Rest of Latin America Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.7 Middle East & Africa Functional Food Ingredients Market
7.7.1 Middle East & Africa Functional Food Ingredients Market, by Type, 2016-2023 (US$ Mn)
7.7.2 Middle East & Africa Functional Food Ingredients Market, by Source, 2016-2023 (US$ Mn)
7.7.3 Middle East & Africa Functional Food Ingredients Market, by Application, 2016-2023 (US$ Mn)
7.7.4 Southern Africa
7.7.4.1 Southern Africa Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.7.5 Northern Africa
7.7.5.1 Northern Africa Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.7.6 GCC
7.7.6.1 GCC Functional Food Ingredients Market, 2016-2023 (US$ Mn)
7.7.7 Rest of Middle East & Africa
7.7.7.1 Rest of Middle East & Africa Functional Food Ingredients Market, 2016-2023 (US$ Mn)
Chapter 8 Competitive Intelligence
8.1 Market Players Present in Market Life Cycle
8.2 Top 5 Players Comparison
8.3 Market Positioning of Key Players, 2018
8.4 Market Players Mapping
8.4.1 By Type
8.4.2 By Source
8.4.3 By Application
8.4.4 By Region
8.5 Strategies Adopted by Key Market Players
8.6 Recent Developments in the Market
8.6.1 Mergers & Acquisitions, Partnership, New Product Developments
8.7 Operational Efficiency Comparison by Key Players
Chapter 9 Company Profiles
9.1 Cargill Incorporated
9.1.1 Cargill Incorporated Overview
9.1.2 Key Stakeholders/Person in Cargill Incorporated
9.1.3 Cargill Incorporated Co. Products Portfolio
9.1.4 Cargill Incorporated Financial Overview
9.1.5 Cargill Incorporated Co. News/Recent Developments
9.2 DSM
9.2.1 DSM Overview
9.2.2 Key Stakeholders/Person in DSM
9.2.3 DSM Products Portfolio
9.2.4 DSM Financial Overview
9.2.5 DSM News/Recent Developments
9.3 BASF SE
9.3.1 BASF SE Overview
9.3.2 Key Stakeholders/Person in BASF SE
9.3.3 BASF SE Products Portfolio
9.3.4 BASF SE Financial Overview
9.3.5 BASF SE News/Recent Developments
9.4 SHANDONG YUWANG INDUSTRIAL CO. LTD.
9.4.1 SHANDONG YUWANG INDUSTRIAL CO. LTD. Overview
9.4.2 Key Stakeholders/Person in SHANDONG YUWANG INDUSTRIAL CO. LTD.
9.4.3 SHANDONG YUWANG INDUSTRIAL CO. LTD. Products Portfolio
9.4.4 SHANDONG YUWANG INDUSTRIAL CO. LTD. Financial Overview
9.4.5 SHANDONG YUWANG INDUSTRIAL CO. LTD. News/Recent Developments
9.5 Tate and Lyle Plc.
9.5.1 Tate and Lyle Plc. Overview
9.5.2 Key Stakeholders/Person in Tate and Lyle Plc.
9.5.3 Tate and Lyle Plc. Products Portfolio
9.5.4 Tate and Lyle Plc. Financial Overview
9.5.5 Tate and Lyle Plc. News/Recent Developments
9.6 Ingredion Incorporated
9.6.1 Ingredion Incorporated Overview
9.6.2 Key Stakeholders/Person in Ingredion Incorporated
9.6.3 Ingredion Incorporated Products Portfolio
9.6.4 Ingredion Incorporated Financial Overview
9.6.5 Ingredion Incorporated News/Recent Developments
9.7 Archer Daniels Midland Company
9.7.1 Archer Daniels Midland Company Overview
9.7.2 Key Stakeholders/Person in Archer Daniels Midland Company
9.7.3 Archer Daniels Midland Company Products Portfolio
9.7.4 Archer Daniels Midland Company Financial Overview
9.7.5 Archer Daniels Midland Company News/Recent Developments
9.8 Associated British Foods
9.8.1 Associated British Foods Overview
9.8.2 Key Stakeholders/Person in Associated British Foods
9.8.3 Associated British Foods Products Portfolio
9.8.4 Associated British Foods Financial Overview
9.8.5 Associated British Foods News/Recent Developments
9.9 E.I. DuPont de Nemours and Company
9.9.1 E.I. DuPont de Nemours and Company Overview
9.9.2 Key Stakeholders/Person in E.I. DuPont de Nemours and Company
9.9.3 E.I. DuPont de Nemours and Company Products Portfolio
9.9.4 E.I. DuPont de Nemours and Company Financial Overview
9.9.5 E.I. DuPont de Nemours and Company News/Recent Developments
9.10 NEW ASIA INGREDIENTS PVT LTD.
9.10.1 NEW ASIA INGREDIENTS PVT LTD. Overview
9.10.2 Key Stakeholders/Person in NEW ASIA INGREDIENTS PVT LTD.
9.10.3 NEW ASIA INGREDIENTS PVT LTD. Products Portfolio
9.10.4 NEW ASIA INGREDIENTS PVT LTD. Financial Overview
9.10.5 NEW ASIA INGREDIENTS PVT LTD. News/Recent Developments