Report overview
A functional food is a food claimed to have 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 foods may be "designed to have physiological benefits and/or reduce the risk of chronic disease beyond basic nutritional functions, and may be similar in appearance to conventional food and consumed as part of a regular diet"
This report aims to provide a comprehensive presentation of the global market for Functional Foods, 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 Foods. This report contains market size and forecasts of Functional Foods in global, including the following market information:
Global Functional Foods Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Functional Foods Market Sales, 2018-2023, 2024-2030, (K MT)
Global top five Functional Foods companies in 2022 (%)
The global Functional Foods market was valued at US$ 149380 million in 2022 and is projected to reach US$ 200670 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 Foods include Unilever, Sanitarium Health?Wellbeing Company, Royal FrieslandCampina, Red Bull GmbH, Raisio Group, PepsiCo, Ocean Spray Cranberries, Nestl? and Murray Goulburn, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Functional Foods 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 Foods Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Functional Foods Market Segment Percentages, by Type, 2022 (%)
Carotenoids
Dietary Fibers
Fatty Acids
Minerals
Prebiotics & Probiotic
Vitamins
Others
Global Functional Foods Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Functional Foods Market Segment Percentages, by Application, 2022 (%)
Bakery & Cereals
Dairy products
Meat, fish & eggs
Soy products
Fats & oils
Others
Global Functional Foods Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Functional Foods 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 Foods revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Functional Foods revenues share in global market, 2022 (%)
Key companies Functional Foods sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Functional Foods sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Unilever
Sanitarium Health?Wellbeing Company
Royal FrieslandCampina
Red Bull GmbH
Raisio Group
PepsiCo
Ocean Spray Cranberries
Nestl?
Murray Goulburn
Meiji Group
Mars
Kraft Foods
Kirin Holdings
Kellogg Company
Danone
GlaxoSmithKline Company
Glanbia
General Mills
Dr Pepper Snapple Group
Dean Foods
Coca-Cola Company
BNL Food Group
Arla Foods
Abbott Laboratories
Outline of Major Chapters:
Chapter 1: Introduces the definition of Functional Foods, market overview.
Chapter 2: Global Functional Foods market size in revenue and volume.
Chapter 3: Detailed analysis of Functional Foods 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 Foods 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 Foods 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.
