Functional Food Ingredients Global Market Report 2024

Global Functional Food Ingredients Market Report 2024

Functional Food Ingredients Global Market Report 2024 – By Type (Probiotics And Prebiotics, Carotenoids, Dietary Fibers, Fatty Acids, Vitamins, Minerals, Others), By Source (Natural Synthetic), By Application (Beverages, Dairy Products, Infant Food, Bakery And Confectionery, Others) – Market Size, Trends, And Global Forecast 2024-2033

Name: Functional Food Ingredients Global Market Report 2024
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Functional Food Ingredients Global Market Report 2024

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Functional Food Ingredients Global Market Report 2024

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Functional Food Ingredients Market Definition

Functional food ingredients are bioactive compounds or ingredients used in manufacturing functional food products. The ingredients in functional foods provide health benefits, and some of them include supplements or other additives.

The main types of functional food ingredients are probiotics and prebiotics, carotenoids, dietary fibers fatty acids, vitamins, minerals, and others. Carotenoids are fat-soluble pigments found generally in fruits, flowers, plants, algae, and photosynthetic bacteria. They are also found in some non-photosynthetic bacteria, molds, and yeasts. Carotenoids act as a type of antioxidant for humans and are important for human health. It protects the human body against serious disorders such as heart disease, cancer, and degenerative eye disease. The different sources include natural, synthetic and are used in beverages, dairy products, infant food, bakery and confectionery, others.

Functional Food Ingredients Market Segmentation

The functional food ingredients market covered in this report is segmented –

1) By Type: Probiotics And Prebiotics, Carotenoids, Dietary Fibers, Fatty Acids, Vitamins, Minerals, Others

2) By Source: Natural Synthetic

3) By Application: Beverages, Dairy Products, Infant Food, Bakery And Confectionery, Others

Global Functional Food Ingredients Market Size 2023 to 2028: Graph

Functional Food Ingredients Market Size 2024 And Growth Rate

The functional food ingredients market size has grown strongly in recent years. It will grow from $110.61 billion in 2023 to $120.27 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increasing health consciousness, rising incidence of lifestyle-related diseases, consumer demand for natural and clean label products, research and development in nutraceuticals, collaboration between food and pharmaceutical industries.

Functional Food Ingredients Market Growth Forecast

The functional food ingredients market size is expected to see strong growth in the next few years. It will grow to $175.25 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to personalized nutrition and customization, integration of functional ingredients in conventional foods, focus on mental and cognitive health, expansion of the senior population, e-commerce and direct-to-consumer trends. Major trends in the forecast period include advancements in food biotechnology, advancements in food science and technology, rising demand for plant-based ingredients, focus on gut health ingredients, emergence of adaptogens.

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Functional Food Ingredients Market Driver: The Surging Demand For Fortified Food & Beverage Products In Driving The Functional Food Ingredients Market

The rise in demand for fortified food & beverage products is expected to contribute to the growth of the functional food ingredients market. Fortified foods are functional foods that lack natural nutrients; nutrients are added to them. These foods boost nutrition and provide health advantages. Fortified foods are functional foods without natural nutrients in them, nutrients are added to them, and these foods improve nutrition, add health benefits. Fortified foods & beverage products consumption is increasing due to growing health consciousness in consumers, increasing disease occurrences, increasing consumer’s disposable income. The medicinal properties of these foods in providing healing benefits apart from energy and essential nutrients are motivating consumers to spend more on healthy food products. For instance, in April 2022, according to a report shared by Common Thread Collective, a US-based e-commerce growth agency, in 2021, global food and beverage sales were $435.3 billion, and in 2022 it was $506 billion. It is expected to reach $857 billion by 2025. Therefore, the rise in demand for fortified food & beverage products will drive the functional food ingredients market growth.

Functional Food Ingredients Market Driver: Rising Demand For Dairy Products Fuels Growth In Functional Food Ingredients Market

The increasing demand for dairy products is expected to propel the growth of the functional food ingredients market going forward. Dairy products are food products derived from the milk of mammals, primarily cows, but also goats, sheep, and other mammals. Functional food ingredients in dairy products offer nutritional enhancement, digestive health, bone health, weight management, blood sugar regulation, flavor enhancement, and lactose-free options. For instance, in November 2021, according to the Dairy Foods Magazine, a US-based online publication that covers various aspects of the dairy and dairy foods industry, flavored milk sales in dollars climbed 4.8% to $1,646,5 million, while sales in units increased 1.0% to $658.2 million. Therefore, the increasing demand for dairy products is driving the growth of the functional food ingredients market.

Global Functional Food Ingredients Market Major Players

Major companies operating in the functional food ingredients market report are Cargill Incorporated, Nestle, Archer Daniels Midland Company, BASF SE, Arla Foods amba, Koninklijke DSM NV, Ajinomoto, Kerry Group, Ingredion Incorporated, Glanbia plc, DuPont Nutrition & Biosciences, FMC Corporation, Roquette Frères, Royal Cosun, Ashland, Tate & Lyle PLC, Corbion N.V., Brevel, Chr. Hansen Holding A/S, Kemin Industries Inc., Ginkgo BioWorks, Naturex, Beneo, Fuerest Day Lawson, The Every Company, Nuritas, Foodchem International Corporation, Global Specialty Ingredients (GSI), A&B Ingredients, Shiru Inc., Native Pet, Sophie's Bionutrients Pte. Ltd., Clean Food Group, Paragon Pure, Canomiks

Global Functional Food Ingredients Market Trend: Innovative Dietary Supplements Enhances Growth In The Functional Food Ingredients Market

Major companies operating in the functional food ingredients market are focused on innovating new products such as dietary supplements to sustain their position in the market. Dietary supplements are products intended to supplement the diet and provide additional nutrients that may be missing or insufficient in one's regular food intake. For instance, in November 2021, The Nature's Bounty Co. a US-based brand of health and wellness products, including vitamins and supplements launched jelly bean vitamin line. These fruit-flavored, vegetarian jelly bean vitamins don't use gelatin or artificial sweeteners. They are made to offer both adults and children a tasty and entertaining method to promote many elements of wellness. These jelly bean vitamins are free of artificial sweeteners and tastes and are designed to assist the entire body on a regular basis. The purpose of these jelly bean vitamins is to offer vital vitamins and nutrients that promote general health, immunological function, vitality, and sleep.

Global Functional Food Ingredients Market Trend: Innovative Probiotic Starter Cultures For Improved Yogurt Quality And Extended Shelf Life

Major companies operating in the functional food ingredients market are focusing on innovative products such as probiotic starter cultures to drive revenues in their market. Probiotic starter cultures usually contain a variety of yeast strains and lactic acid bacteria (LAB) that aid in fermentation and produce a range of metabolites that enhance the end product's quality attributes. For instance, in September 2023, Royal DSM N.V. a Netherlands-based science-based company launched delvo fresh pioneer. These cultures are proven to retain an exceptionally stable pH for up to 60 days in cold storage, making them perfect for high-value recipes such as mild, reduced-sugar yogurts and smooth, creamy yogurts. Delvo fresh pioneer is a new generation of starting cultures that offers remarkable ph stability throughout processing and shelf life. With noticeable and quantifiable decreases in post-acidification, the delvo fresh pioneer cultures provide contemporary dairy producers with exceptional versatility to guarantee a tasty, creamy, and smooth yogurt for the duration of its life.

Functional Food Ingredients Market Merger And Acquisition:

Kerry Group's Strategic Move Through Acquisition Of Biosearch Life To Strengthen Healthy Ingredient Portfolio And Propel Growth In Functional Foods

In July 2021, Kerry Group, an Irish-based food company announced that it is acquiring Biosearch Life for a $150 million deal amount. Through this acquisition, Kerry Group can expand its healthy ingredient portfolios such as probiotics and omega-3. The expansion of a healthy ingredient portfolio can boost its capabilities within functional foods and proactive health ingredients. Biosearch Life, based in Spain, is a biotechnology company that manufactures healthy natural ingredients such as Omega-3, Probiotics, Botanical Extracts.

Regional Insights For The Global Functional Food Ingredients Market

North America was the largest region in the functional food ingredients market in 2023. Europe was the second-largest market in the functional food ingredients market. The regions covered in the functional food ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the functional food ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The functional food ingredients market research report is one of a series of new reports from The Business Research Company that provides functional food ingredients market statistics, including functional food ingredients industry global market size, regional shares, competitors with a functional food ingredients market share, detailed functional food ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the functional food ingredients industry. This functional food ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Functional Food Ingredients Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$120.27 billion
Revenue Forecast In 2033	$175.25 billion
Growth Rate	CAGR of 9.9% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Probiotics And Prebiotics, Carotenoids, Dietary Fibers, Fatty Acids, Vitamins, Minerals, Others 2) By Source: Natural Synthetic 3) By Application: Beverages, Dairy Products, Infant Food, Bakery And Confectionery, Others
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Cargill Incorporated; Nestle; Archer Daniels Midland Company; BASF SE; Arla Foods amba; Koninklijke DSM NV; Ajinomoto; Kerry Group; Ingredion Incorporated; Glanbia plc; DuPont Nutrition & Biosciences; FMC Corporation; Roquette Frères; Royal Cosun; Ashland; Tate & Lyle PLC; Corbion N.V.; Brevel; Chr. Hansen Holding A/S; Kemin Industries Inc.; Ginkgo BioWorks; Naturex; Beneo; Fuerest Day Lawson; The Every Company; Nuritas; Foodchem International Corporation; Global Specialty Ingredients (GSI); A&B Ingredients; Shiru Inc.; Native Pet; Sophie's Bionutrients Pte. Ltd.; Clean Food Group; Paragon Pure; Canomiks
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Functional Food Ingredients Market Characteristics

3. Functional Food Ingredients Market Trends And Strategies

4. Functional Food Ingredients Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Functional Food Ingredients Market Size and Growth

5.1. Global Functional Food Ingredients Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Functional Food Ingredients Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Functional Food Ingredients Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Functional Food Ingredients Market Segmentation

6.1. Global Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Probiotics And Prebiotics

Carotenoids

Dietary Fibers

Fatty Acids

Vitamins

Minerals

Others

6.2. Global Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Natural Synthetic

6.3. Global Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Beverages

Dairy Products

Infant Food

Bakery And Confectionery

Other Applications

7. Functional Food Ingredients Market Regional And Country Analysis

7.1. Global Functional Food Ingredients Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Functional Food Ingredients Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Functional Food Ingredients Market

8.1. Asia-Pacific Functional Food Ingredients Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Functional Food Ingredients Market

9.1. China Functional Food Ingredients Market Overview

9.2. China Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Functional Food Ingredients Market

10.1. India Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Functional Food Ingredients Market

11.1. Japan Functional Food Ingredients Market Overview

11.2. Japan Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Functional Food Ingredients Market

12.1. Australia Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Functional Food Ingredients Market

13.1. Indonesia Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Functional Food Ingredients Market

14.1. South Korea Functional Food Ingredients Market Overview

14.2. South Korea Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Functional Food Ingredients Market

15.1. Western Europe Functional Food Ingredients Market Overview

15.2. Western Europe Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Functional Food Ingredients Market

16.1. UK Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Functional Food Ingredients Market

17.1. Germany Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Functional Food Ingredients Market

18.1. France Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Functional Food Ingredients Market

19.1. Italy Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Functional Food Ingredients Market

20.1. Spain Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Functional Food Ingredients Market

21.1. Eastern Europe Functional Food Ingredients Market Overview

21.2. Eastern Europe Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Functional Food Ingredients Market

22.1. Russia Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Functional Food Ingredients Market

23.1. North America Functional Food Ingredients Market Overview

23.2. North America Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Functional Food Ingredients Market

24.1. USA Functional Food Ingredients Market Overview

24.2. USA Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Functional Food Ingredients Market

25.1. Canada Functional Food Ingredients Market Overview

25.2. Canada Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Functional Food Ingredients Market

26.1. South America Functional Food Ingredients Market Overview

26.2. South America Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Functional Food Ingredients Market

27.1. Brazil Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Functional Food Ingredients Market

28.1. Middle East Functional Food Ingredients Market Overview

28.2. Middle East Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Functional Food Ingredients Market

29.1. Africa Functional Food Ingredients Market Overview

29.2. Africa Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Functional Food Ingredients Market Competitive Landscape And Company Profiles

30.1. Functional Food Ingredients Market Competitive Landscape

30.2. Functional Food Ingredients Market Company Profiles

30.2.1. Cargill Incorporated

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Nestle

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Archer Daniels Midland Company

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. BASF SE

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Arla Foods amba

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Functional Food Ingredients Market Other Major And Innovative Companies

31.1. Koninklijke DSM NV

31.2. Ajinomoto

31.3. Kerry Group

31.4. Ingredion Incorporated

31.5. Glanbia plc

31.6. DuPont Nutrition & Biosciences

31.7. FMC Corporation

31.8. Roquette Frères

31.9. Royal Cosun

31.10. Ashland

31.11. Tate & Lyle PLC

31.12. Corbion N.V.

31.13. Brevel

31.14. Chr. Hansen Holding A/S

31.15. Kemin Industries Inc.

32. Global Functional Food Ingredients Market Competitive Benchmarking

33. Global Functional Food Ingredients Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Functional Food Ingredients Market

35. Functional Food Ingredients Market Future Outlook and Potential Analysis

35.1 Functional Food Ingredients Market In 2028 - Countries Offering Most New Opportunities

35.2 Functional Food Ingredients Market In 2028 - Segments Offering Most New Opportunities

35.3 Functional Food Ingredients Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Functional Food Ingredients Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Functional Food Ingredients Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Cargill Incorporated Financial Performance

Table 75: Nestle Financial Performance

Table 76: Archer Daniels Midland Company Financial Performance

Table 77: BASF SE Financial Performance

Table 78: Arla Foods amba Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Functional Food Ingredients Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Functional Food Ingredients Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Functional Food Ingredients Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Functional Food Ingredients Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Functional Food Ingredients Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Cargill Incorporated Financial Performance

Figure 75: Nestle Financial Performance

Figure 76: Archer Daniels Midland Company Financial Performance

Figure 77: BASF SE Financial Performance

Figure 78: Arla Foods amba Financial Performance

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Frequently Asked Questions

What is the definition of the functional food ingredients market?

How will the functional food ingredients market drivers and restraints affect the functional food ingredients market dynamics? What forces will shape the functional food ingredients industry going forward?

The functional food ingredients market major growth driver - the surging demand for fortified food & beverage products in driving the functional food ingredients market. For further insights on the functional food ingredients market, request a sample here

What is the forecast market size or the forecast market value of the functional food ingredients market ?

The functional food ingredients market size has grown strongly in recent years. It will grow from $110.61 billion in 2023 to $120.27 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increasing health consciousness, rising incidence of lifestyle-related diseases, consumer demand for natural and clean label products, research and development in nutraceuticals, collaboration between food and pharmaceutical industries. The functional food ingredients market size is expected to see strong growth in the next few years. It will grow to $175.25 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to personalized nutrition and customization, integration of functional ingredients in conventional foods, focus on mental and cognitive health, expansion of the senior population, e-commerce and direct-to-consumer trends. Major trends in the forecast period include advancements in food biotechnology, advancements in food science and technology, rising demand for plant-based ingredients, focus on gut health ingredients, emergence of adaptogens. For further insights on the functional food ingredients market, request a sample here

How is the functional food ingredients market segmented?

The functional food ingredients market is segmented
1) By Type: Probiotics And Prebiotics, Carotenoids, Dietary Fibers, Fatty Acids, Vitamins, Minerals, Others
2) By Source: Natural Synthetic
3) By Application: Beverages, Dairy Products, Infant Food, Bakery And Confectionery, OthersFor further insights on the functional food ingredients market, request a sample here

Which region has the largest share of the functional food ingredients market? What are the other regions covered in the report?

North America was the largest region in the functional food ingredients market in 2023. Europe was the second-largest market in the functional food ingredients market. The regions covered in the functional food ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the functional food ingredients market, request a sample here.

Who are the major players in the functional food ingredients market?

What are the key trends in the functional food ingredients market?

Major trend in the functional food ingredients market - innovative probiotic starter cultures for improved yogurt quality and extended shelf life. For further insights on the functional food ingredients market, request a sample here.

What are the major opportunities in the functional food ingredients market? What are the strategies for the functional food ingredients market?

For detailed insights on the major opportunities and strategies in the functional food ingredients market, request a sample here.

How does the functional food ingredients market relate to the overall economy and other similar markets?

For detailed insights on functional food ingredients market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the functional food ingredients industry?

For detailed insights on the mergers and acquisitions in the functional food ingredients industry, request a sample here.

What are the key dynamics influencing the functional food ingredients market growth? SWOT analysis of the functional food ingredients market.

For detailed insights on the key dynamics influencing the functional food ingredients market growth and SWOT analysis of the functional food ingredients industry, request a sample here.