Functional Food Ingredients Market Size, Latest Trends, Share, Demand, Growth and forecast 2030

Functional food ingredients are used in functional foods that offer more than just basic nutrition. These functional foods include supplements and beverages, among other related food products. These ingredients could be natural or synthetic in nature. There are several potential benefits offered by functional food ingredients. These ingredients play an important role in improving health and reducing the risk of various diseases, such as acute and chronic diseases.

The growing trend of consuming healthy and nutritional diet coupled with rising awareness about health among the global population is estimated to boost the growth of the functional food ingredients market within the forecast time period. Additionally, the growing incorporation of protein-rich diet and increasing consumption of functional foods in developed economies are predicted to further propel the functional food ingredients market growth in the future. The increasing awareness regarding several health benefits offered by functional food ingredients, especially in weight and fitness management, is also predicted to drive the development of this global market in the future.

By type, the market is segmented into prebiotics, probiotics, proteins and amino acids, phytochemicals, and plant extracts, minerals, carotenoids, vitamins, omega-3 fatty acids, and fibers and specialty carbohydrates. Probiotics are widely used in various applications, such as dairy and confectionery industry, owing to the rising access to probiotic products and the availability of a varied range of brands. The increasing incorporation of protein-rich and healthy breakfast to overcome certain lifestyle-related diseases is anticipated to boost the demand for amino acids and proteins in the upcoming years.

By source, the global functional food ingredients market is segmented into natural and synthetic. The natural segment is further segmented as plant, microbial, and animal. The natural sources segment is estimated to hold a major share over the forecast time period, owing to high consumer preference for nature-based food products. By application, the functional food ingredients market is segmented into food and beverages. Food segment is further classified into bakery products, dairy products, confectionery products, meat and meat products, and infant food. Beverage segment is further classified into energy drinks, health drinks, and juices.

By region, the global market is classified into North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. North America is likely to exhibit potential growth opportunities for functional food ingredients market and hold a major share over the forecast time period. The Asia Pacific functional food ingredients market is projected to hold a noticeable revenue share in the future, particularly the emerging economies of China and India. The growing acceptance of probiotic-based beverages and related food products is predicted to drive the functional food ingredients market in Latin America. Malnutrition and related health concerns among the African population and rise in the launch of innovative products is predicted to propel the growth of the functional food ingredients market in the Middle Eastern and African region.

Some major players of the global functional food ingredients market are as follows:

• Cargill
• Archer Daniels Midland Company
• Koninklijke DSM N.V.
• Dow Du Pont
• BASF SE
• Arla Foods
• Royal Cosun
• Ingredion Incorporated
• Arla Foods
• Tate & Lyle
• Ajinomoto
• Kerry Group
• BENEO
• Chr. Hansen
• Kemin Industries
• Roquette Frères.

This report segments the global functional food ingredients market into:

Global Functional Food Ingredients Market: Type Analysis

• Probiotics
• Proteins and Amino Acids
• Phytochemical and Plant Extracts
• Prebiotics
• Fibers and Specialty Carbohydrates
• Omega-3 Fatty Acids 
• Carotenoids 
• Vitamins 
• Minerals

Global Functional Food Ingredients Market: Source Analysis

• Natural
  • Animal
  • Microbial
  • Plant
• Synthetic

Global Functional Food Ingredients Market: Application Analysis

• Food
  • Dairy Products
  • Bakery Products
  • Confectionery Products
  • Meat and Meat Products 
  • Infant Food
• Beverages
  • Energy Drinks
  • Juices
  • Health Drinks

Global Functional Food Ingredients Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa