Functional food and nutraceuticals are those food and nutraceuticals to which special ingredients are added so that they provide additional health benefits.
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.
North America dominated the functional food and nutraceuticals market and accounted for 39% of the total market share. Factors such as rising awareness of the benefits of a healthy diet, affordability and the availability of these products in the region to propel the growth prospects of the functional food market in North America.
In 2019, the market size of Functional Food and Nutraceuticals is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Functional Food and Nutraceuticals.
This report studies the global market size of Functional Food and Nutraceuticals, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Functional Food and Nutraceuticals sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
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
Market Segment by Product Type
Functional Food
Functional Beverage
Dietary Supplement
Other
Market Segment by Application
Supermarkets
Independent Retailers
Specialty Stores
Online Stores
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Functional Food and Nutraceuticals status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Functional Food and Nutraceuticals manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Functional Food and Nutraceuticals are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Functional Food and Nutraceuticals. Industry analysis & Market Report on Functional Food and Nutraceuticals is a syndicated market report, published as Global (United States, European Union and China) Functional Food and Nutraceuticals Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Functional Food and Nutraceuticals market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.