Report overview
Functional food is a food given an additional function (often one related to health-promotion or disease prevention) by adding new ingredients or more of existing ingredients.The term may also apply to traits purposely bred into existing edible plants, such as purple or gold potatoes having enriched anthocyanin or carotenoid contents, respectively.Functional food industry, consisting of food, beverage and supplement sectors, is one of the several areas of the food industry that is experiencing fast growth in recent years.
This report aims to provide a comprehensive presentation of the global market for Functional Food, 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. This report contains market size and forecasts of Functional Food in global, including the following market information:
Global Functional Food Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Functional Food Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Functional Food companies in 2022 (%)
The global Functional Food market was valued at US$ 146890 million in 2022 and is projected to reach US$ 197060 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Carotenoids Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Functional Food include Abbott Laboratories, Archer Daniels Midland, Arla, BASF, Danone, Dean Foods, General Mills, Kellogg and Nestle, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Functional Food 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 Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Functional Food Market Segment Percentages, by Type, 2022 (%)
Carotenoids
Dietary Fibers
Fatty Acids
Minerals
Prebiotics & Probiotic
Vitamins
Others
Global Functional Food Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Functional Food Market Segment Percentages, by Application, 2022 (%)
Bakery & Cereals
Dairy Products
Meat, Fish & Eggs
Soy Products
Fats & Oils
Others
Global Functional Food Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Functional Food 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 revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Functional Food revenues share in global market, 2022 (%)
Key companies Functional Food sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Functional Food sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Abbott Laboratories
Archer Daniels Midland
Arla
BASF
Danone
Dean Foods
General Mills
Kellogg
Nestle
PepsiCo
Outline of Major Chapters:
Chapter 1: Introduces the definition of Functional Food, market overview.
Chapter 2: Global Functional Food market size in revenue and volume.
Chapter 3: Detailed analysis of Functional Food 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 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 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.
