The functional food ingredients can be defined as an ingredient that have the capability to add various advantages to the end product. Functional food ingredients are usually stated as such ingredients that are most likely to be consumed as a part of a standard diet and that comprises of biologically active constituents, which proposes the potential of enhanced health benefits. Some of the functional food comprises of food that comprises exact vitamins, minerals, fiber, fatty acids, phytochemicals, and others. Rising consumer awareness related to health, increasing demand for fortified foods as well as number of fitness centers and number of gym goers is anticipated to expand the growth of functional foods ingredients market over the period 2016-2023. Increasing health consciousness as well as escalating different chronic diseases such as diabetes, blood pressure, and other related diseases has intensified the demand for functional food ingredients in order to bolster the production of functional foods. Apart from this, rising demand for fortified foods that are enjoyable, safe and healthy and tasty is anticipated to foster the demand for functional food ingredients market over the forecast period. Apart from this, escalating demand for snack bars especially for heart health is likely to intensify the functional food ingredients market over the forecast period.
Change in lifestyle along with increased consumption of fortified food products is expected to drive the growth of global functional food ingredients market over the forecast period. The increasing production of food as well as change in lifestyle is expected to intensify the growth of functional food ingredients market over the forecast period. The advantages being offered by consumption of functional food as compared to other foods is anticipated to favorably impact the growth of functional food ingredients market between 2016 and 2023.
Functional food ingredients market has been estimated to be valued at US$ 2,182.7 Mn by the end of 2016 and is expected to attain revenue of US$ 3,442.9 Mn by 2023, expanding at a CAGR of 6.7% during the forecast period 2016-2023.
Purpose of the Report
The purpose of this strategic research study titled “Global Functional Food Ingredients Market - Growth, Future Prospects, and Competitive Analysis 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global functional food ingredients market.
Target Audience
USP and Key Offerings
The report titled “Global Functional Food Ingredients Market - Growth, Future Prospects, and Competitive Analysis 2016 – 2023” offers strategic insights into the global functional food ingredients market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on type and health benefits and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading functional food ingredients vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:
Overall, the research study provides a holistic view of the global functional food ingredients market, of growth, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above mentioned factors.
On the basis of health benefits, the functional food ingredients market is categorized into following types:
Increasing consumption of processed food in developing economies such as China and India has intensified the demand for functional food ingredients all across the globe. Apart from this, a significant increase in number of baby boomers along with change in the lifestyle is anticipated to intensify the functional food ingredients market over the period 2016-2026. The functional food ingredients market is segmented on the basis of health benefits which includes bone health, heart health, immunity, nutrition, and others. Bone health segment contributed significantly in the total functional food ingredients market in 2015. The rising number of cardiovascular diseases all over the world is likely to expand the growth of heart health segment growth over the forecast period.
On the basis of type, the functional food ingredients market is categorized into following types:
The significant demand for functional food products all over the world has intensified the demand for functional food ingredients. The functional food ingredients market is segmented on the basis of type which includes mineral, vitamin, protein, probiotic and prebiotic, fatty acid, and others. The vitamins segment contributed the maximum revenue share in the total functional food ingredients market in 2015. Rising health consciousness has intensified the demand for the segment over the past few years. Rising demand for functional drinks is anticipated to expand the probiotic and prebiotic segment growth over the forecast period.
On the basis of geography, the global functional food ingredients market is segmented into following categories,
Inclination towards health consciousness and changing mindset of consumer towards healthy foods is anticipated to bolster the growth of functional food ingredients market over the period 2016-2023. The global functional food ingredients market is segment on the basis of geography. North America contributed the highest revenue share in total functional food ingredients market with a contribution of more than 30% in 2015. Followed by it, Europe stood at second position in the same year. Rising urbanization, higher health awareness and consciousness along with high population spending in these developed regions is anticipated to contribute for double digit growth rate of these regions during the projected period. The booming food and beverage sector in Middle East and Africa as well as Latin American countries is anticipated to spur the growth of functional food ingredients market in these regions over the period 2016-2023.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Functional Food Ingredients Market
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Challenges
3.2.3 Market Opportunities
3.3 Attractive Investment Proposition
3.4 Market Share Analysis of Key Manufactures in Global Functional Food Ingredients Market
Chapter 4 Global Functional Food Ingredients Market Analysis, By Health Benefits
4.1 Bone Health
4.2 Heart Health
4.3 Immunity
4.4 Nutrition
4.5 Others
Chapter 5 Global Functional Food Ingredients Market Analysis, By Type
5.1 Vitamin
5.2 Protein
5.3 Mineral
5.4 Probiotic and Prebiotic
5.5 Fatty Acid
5.6 Others
Chapter 6 North America Functional Food Ingredients Market Analysis
6.1 Overview
6.1.1 North America Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
6.2 North America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
6.2.1 North America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
6.3 North America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
6.3.1 North America Functional Food Ingredients Market Analysis, By Type 2013 – 2023 (US$ Mn)
6.4 North America Functional Food Ingredients Market Analysis, By Country, 2013 – 2023 (US$ Mn)
6.4.1 U.S.
6.4.2 Canada
Chapter 7 Europe Functional Food Ingredients Market Analysis
7.1 Overview
7.1.1 Europe Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
7.2 Europe Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
7.2.1 Europe Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
7.3 Europe Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
7.3.1 Europe Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
7.4 Europe Functional Food Ingredients Market Analysis, By Country, 2013 – 2023 (US$ Mn)
7.4.1 EU
7.4.2 CIS
7.4.3 Rest of Europe
Chapter 8 Asia Pacific Functional Food Ingredients Market Analysis
8.1 Overview
8.1.1 Asia Pacific Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
8.2 Asia Pacific Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
8.2.1 Asia Pacific Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
8.3 Asia Pacific Functional Food Ingredients Market Analysis, By Type 2013 – 2023 (US$ Mn)
8.3.1 Asia Pacific Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
8.4 Asia Pacific Functional Food Ingredients Market Analysis, By Country, 2013 – 2023 (US$ Mn)
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 Rest of Asia Pacific
Chapter 9 Latin America Functional Food Ingredients Market Analysis
9.1 Overview
9.1.1 Latin America Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
9.2 Latin America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
9.2.1 Latin America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
9.3 Latin America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
9.3.1 Latin America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
9.4 Latin America Functional Food Ingredients Market Analysis, By Country, 2013 – 2023 (US$ Mn)
9.4.1 Brazil
9.4.2 Mexico
9.4.3 Rest of Latin America
Chapter 10 Middle East & Africa Functional Food Ingredients Market Analysis
10.1 Overview
10.1.1 Middle East & Africa Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
10.2 Middle East & Africa Functional Food Ingredients Market Analysis, By Health Benefits
10.2.1 Middle East & Africa Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
10.3 Middle East & Africa Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
10.3.1 Middle East & Africa Functional Food Ingredients Market Analysis, By Type
Chapter 11 Company Profiles
11.1 Cargill Incorporated
11.2 DSM
11.3 BASF SE
11.4 Tate and Lyle Plc.
11.5 Ingredion Incorporated
11.6 Archer Daniels Midland Company
11.7 Associated British Foods
11.8 E.I. DuPont de Nemours and Company
11.9 New Asia Ingredients Pvt Ltd.
11.10 Shandong Yuwang Industrial Co. Ltd.
TABLE 1 Market Snapshot: Global Functional Food Ingredients Market
TABLE 2 Global Functional Food Ingredients Market, By Health Benefits, 2013 - 2023 (US$ Mn)
TABLE 3 Global Functional Food Ingredients Market, By Type, 2013 - 2023 (US$ Mn)
TABLE 4 North America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 5 North America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 6 U.S. Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 7 U.S. Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 8 Canada Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 9 Canada Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 10 Europe Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 11 Europe Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 12 Germany Functional Food Ingredients Market Analysis, By Health Benefits 2013 – 2023, (US$ Mn)
TABLE 13 Germany Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 14 France Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 15 France Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 16 U.K. Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 17 U.K.Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 18 Rest of Europe Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 19 Rest of Europe Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 20 Asia Pacific Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 21 Asia Pacific Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 22 China Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 23 China Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 24 India Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 25 India Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 26 Japan Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 27 Japan Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 28 Rest of Asia Pacific Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 29 Rest of Asia Pacific Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 30 Latin America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 31 Latin America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 32 Brazil Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 33 Brazil Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 34 Mexico Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 35 Mexico Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 36 Rest of Latin America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 37 Rest of Latin America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 38 Middle East & Africa Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 39 Middle East & Africa Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 40 Cargill Incorporated: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage))
TABLE 41 DSM: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 42 BASF SE: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 43 Tate and Lyle Plc.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 44 Ingredion Incorporated: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 45 Archer Daniel Midland Company:. Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 46 Associated British Foods: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 47 E.I. DuPont De Nemours and Company.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 48 New Asia Ingredients Pvt Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 49 Shandong Yuwang Industrial Co. Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
FIG. 1 Functional Food Ingredients Market: Research Methodology
FIG. 2 Attractive Investment Proposition
FIG. 3 Market Share Analysis of Key Manufacturers in Global Functional Food Ingredients Market, 2015 (Value %)
FIG. 4 Functional Food Ingredients Health Benefits Market in Bone Health, 2013 - 2023 (US$ Mn)
FIG. 5 Functional Food Ingredients Health Benefits Market in Heart Health, 2013 - 2023 (US$ Mn)
FIG. 6 Functional Food Ingredients Health Benefits Market in Immunity, 2013 - 2023 (US$ Mn)
FIG. 7 Functional Food Ingredients Health Benefits Market in Nutrition, 2013 - 2023 (US$ Mn)
FIG. 8 Functional Food Ingredients Health Benefits Market in Others, 2013 - 2023 (US$ Mn)
FIG. 9 Functional Food Ingredients Type Market in Vitamin Segment, 2013 - 2023 (US$ Mn)
FIG. 10 Functional Food Ingredients Type Market in Protein Segment, 2013 - 2023 (US$ Mn)
FIG. 11 Functional Food Ingredients Type Market in Mineral Segment, 2013 - 2023 (US$ Mn)
FIG. 12 Functional Food Ingredients Type Market in Probiotic and Prebiotic Segment, 2013 - 2023 (US$ Mn)
FIG. 13 Functional Food Ingredients Type Market in Fatty Acid Segment, 2013 - 2023 (US$ Mn)
FIG. 14 Functional Food Ingredients Type Market in Others Segment, 2013 - 2023 (US$ Mn)
FIG. 15 North America Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 16 Europe Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 17 Asia Pacific Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 18 Latin America Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 19 Middle East & Africa Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)