The market for functional food is increasing as consumers prefer balanced diets and food that not only takes care of their appetite but also helps enhance their immunity. This, along with product innovations in terms of flavors and variant offerings, presents significant opportunities for the growth of applications in the functional food ingredients market. Factors that are further fueling consumer interest in functional foods are the rapid advances in science & technology, increase in health care costs, aging, and growth in interest in attaining wellness through diet.
Asia Pacific accounted for over 45% of the global market in 2017 and is expected to maintain its lead position over the forecast period. Increasing urbanization and rising geriatric population in countries such as India and China is supposed to aid the regional growth.
In 2019, the market size of Functional Foods is 153600 million US$ and it will reach 260400 million US$ in 2025, growing at a CAGR of 6.8% 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 Foods.
This report studies the global market size of Functional Foods, 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 Foods 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:
Unilever
Sanitarium Health&Wellbeing Company
Royal FrieslandCampina
Red Bull GmbH
Raisio Group
PepsiCo
Ocean Spray Cranberries
Nestlé
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
Market Segment by Product Type
Carotenoids
Dietary Fibers
Fatty Acids
Minerals
Prebiotics & Probiotic
Vitamins
Others
Market Segment by Application
Bakery & Cereals
Dairy products
Meat, fish & eggs
Soy products
Fats & oils
Others
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 Foods 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 Foods 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 Foods 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 Foods. Industry analysis & Market Report on Functional Foods is a syndicated market report, published as Global (United States, European Union and China) Functional Foods Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Functional Foods market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.