Functional food and nutraceuticals are those food and nutraceuticals to which special ingredients are added so that they provide additional health benefits.
This report aims to provide a comprehensive presentation of the global market for Functional Food and Nutraceuticals, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Functional Food and Nutraceuticals. This report contains market size and forecasts of Functional Food and Nutraceuticals in global, including the following market information:
- Global Functional Food and Nutraceuticals Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Functional Food and Nutraceuticals Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Functional Food and Nutraceuticals companies in 2022 (%)
The global Functional Food and Nutraceuticals market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The functional food and beverage segment dominated the market and accounted for more than 60% of the market share. Therefore, to maintain good health and reduce the risk of illnesses, people are increasingly looking to adopt healthy lifestyles and diets. This has increased the demand for functional food and beverages such as breakfast cereals and energy drinks. Moreover, there is a growing demand for plant-based functional foods such as oats, flax seeds, tomatoes, broccoli, citrus fruits, and cranberries as they are perceived to reduce the risk of chronic diseases like cancer. This recent shift in consumer preferences toward healthier food with high fiber will have a positive impact on this market segment over the forecast period.
We surveyed the Functional Food and Nutraceuticals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Functional Food and Nutraceuticals Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Functional Food and Nutraceuticals Market Segment Percentages, by Type, 2022 (%)
- Functional Food
- Functional Beverage
- Dietary Supplement
- Other
Global Functional Food and Nutraceuticals Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Functional Food and Nutraceuticals Market Segment Percentages, by Application, 2022 (%)
- Supermarkets
- Independent Retailers
- Specialty Stores
- Online Stores
Global Functional Food and Nutraceuticals Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Functional Food and Nutraceuticals Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Functional Food and Nutraceuticals revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Functional Food and Nutraceuticals revenues share in global market, 2022 (%)
- Key companies Functional Food and Nutraceuticals sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Functional Food and Nutraceuticals sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Nestle
- PepsiCo
- BASF
- Coca-Cola
- Kellogg
- Abbott Nutrition
- Amway
- Bayer HealthCare
- Danone
- GSK
- Pfizer
- Herbalife
- Champion Nutrition
- Himalaya Herbal Healthcare
- Lovate Health Sciences
- Otsuka Holdings
- Schiff Nutrition Group
- Yakult
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Functional Food and Nutraceuticals, market overview.
- Chapter 2: Global Functional Food and Nutraceuticals market size in revenue and volume.
- Chapter 3: Detailed analysis of Functional Food and Nutraceuticals manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Functional Food and Nutraceuticals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Functional Food and Nutraceuticals capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
