The Global Functional Food Market was estimated at USD 207.42 Billion in 2022 and is projected to reach USD 313.53 Billion by 2030, growing at a CAGR of 5.30% over the analysis period.
Functional foods are type of foods that offer health benefits and additional nutritional value to the human body. The foods fortified with fiber, probiotics, prebiotics, vitamins and minerals, as well as fruits, whole grains, fermented foods, seeds, nuts, and vegetables are some of the nutrient-rich functional foods. The modified functional foods such as yogurt, milk, rice, coconut, almond and cashew milk, eggs, granola, pasta and others are some of the healthy alternatives providing nutritional benefits. Functional foods are high in demand as they prevent nutrition deficiencies, cell damages, and chronic diseases, and they boost the growth and development in infants and children.
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Key Companies & Market Share Insights:
Ø Merit Functional Foods(Winnipeg)
Ø Danone SA (France)
Ø Del Monte Pacific Limited (DMPL) (Singapore)
Ø Dr Pepper Snapple Group, Inc. (USA)
Ø General Mills, Inc. (USA)
Ø Glanbia Nutritionals Limited (UK)
Ø MaxiNutrition (UK)
Ø GNC Holdings, Inc. (USA)
Ø Hangzhou Wahaha Group Co., Ltd. (China)
Ø Herbalife International, Inc. (USA)
Ø Kellogg Company (USA)
Ø Meiji Holdings Co., Ltd. (Japan)
Ø Natural Products, Inc. (USA)
Ø Nestle Nutrition (Switzerland), and other major players.
The latest research on the Functional Food Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Functional Food Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Functional Food Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Functional Food Market is Segmented as follows:
Ø Probiotics
Ø Carotenoids
Ø Minerals
Ø Proteins & Amino Acids
Ø Vitamins
Ø Others
By Product
Ø Bakery
Ø Cereals
Ø Dairy Products
Ø Meat
Ø Fish
Ø Others
By Application
Ø Sports Nutrition
Ø Weight Management
Ø Clinical Nutrition
Ø Cardio Health
Functional Food Market Regional Analysis/Insights:
Ø North America (U.S., Canada, Mexico)
Ø Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Ø Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Ø Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Ø Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
Ø South America (Brazil, Argentina, Rest of SA)
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Introspective Market Research is a trusted provider of comprehensive market research studies, catering to businesses worldwide. Our commitment lies in delivering valuable insights and strategic guidance to empower informed decision-making. Through an in-depth examination of the overall industry, our Functional Food Market report ensures greater accuracy and reliability. We establish a robust foundation for our findings by leveraging an extensive range of primary and secondary sources.
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