Functional Food Ingredients Market Analysis and Forecast to 2032: By Product Type (Probiotics, Proteins and Amino Acids, Prebiotics, Omega-3 Fatty Acids, Vitamins, and Others), Application (Food and Beverages), Source (Nature and Synthetic), and Region

The Functional Food Ingredients Market size was USD 92.4 Billion in 2022 and is anticipated to reach USD 135.7 Billion in 2032, growing at a rate of 3.9% from 2023 to 2032.

Functional food ingredients are those ingredients that are added to food products in order to improve their nutritional value or health benefits. These ingredients can be natural or artificial, and they can be added to foods in a variety of ways. For example, they may be added to food products during processing, or they may be added as fortifications to improve the nutrient content of the final product.

There is a growing body of evidence to support the health benefits of functional food ingredients. However, it is important to note that not all functional ingredients are backed by scientific evidence. As such, it is important to consult with a healthcare professional before adding any new ingredients to your diet.

Key Trends

There are a few key trends in functional food ingredients technology. One is the trend toward using more natural ingredients. This is in response to consumer demand for more natural and organic products. Another trend is the use of more functional ingredients, such as those that provide health benefits beyond basic nutrition. This is driven by the increasing awareness of the importance of good nutrition and the role that diet plays in overall health. Finally, there is a trend toward developing more sophisticated delivery systems for functional ingredients. This is necessary to ensure that the ingredients are properly absorbed by the body and to maximize their efficacy.

Key Drivers

There are a number of key drivers of the functional food ingredients market. One of the most important drivers is the increasing awareness of the role of diet and nutrition in overall health and wellbeing. This has led to a greater focus on the potential health benefits of functional food ingredients, and has resulted in strong growth in the market.

Other important drivers include the ageing population, who are increasingly interested in maintaining their health as they age; the increasing prevalence of chronic diseases such as obesity and diabetes; and the growing demand for convenient and healthy food options.

Restraints & Challenges

The functional food ingredients market is expected to face various restraints over the forecast period. These restraints are anticipated to hamper the market growth to some extent. Some of the key restraints include stringent regulations and policies regarding food ingredients, lack of awareness among consumers, and high cost of functional food ingredients.

Lack of awareness among consumers is another key restraint for the growth of the functional food ingredients market. Functional food ingredients are not easily available to consumers and are not widely marketed. In addition, there is lack of awareness among consumers about the benefits of functional food ingredients. This is expected to restraint the growth of the functional food ingredients market.

High cost of functional food ingredients is another key restraint for the growth of the functional food ingredients market. Functional food ingredients are generally more expensive than traditional food ingredients. This is due to the fact that functional food ingredients are not easily available and are not widely marketed. In addition, the production of functional food ingredients is generally more expensive than traditional food ingredients. This is expected to restraint the growth of the functional food ingredients market.

Key Market Segments

The functional food ingredients bifurcated on the basis of product type, application, source, and region. On the basis of product type, it is segmented into probiotics, proteins & amino acids, prebiotics, omega-3 fatty acids, vitamins, and others. By application, it is divided into food and beverages. By source it is categorized into nature and synthetic. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Market Players

The functional food ingredients market report includes players such as Cargill, Incorporated, BASF SE, Archer Daniels Midland Company, DuPont, Arla Foods, Kerry Group, Ajinomoto Co., Inc., Koninklijke DSM N.V., Ingredion Incorporated, Tate & Lyle PLC, Chr. Hansen Holding A/S, and Kemin Industries, Inc.

Functional Food Ingredients Market Report Coverage
  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Functional Food Ingredients Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • The report also covers qualitative as well as quantitative analysis of Functional Food Ingredients Market in terms of revenue ($Million).
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Functional Food Ingredients Industry.
  • A thorough analysis of market trends and restraints is provided.
  • By region as well as country market analysis is also presented in this report.
  • Analytical depiction of the Functional Food Ingredients Market along with the current trends and future estimations to depict imminent investment pockets. The overall Functional Food Ingredients industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
  • Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Functional Food Ingredients Market are also analyzed.

Why GIS?

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Functional Food Ingredients Market Outlook
3.1. Functional Food Ingredients Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Functional Food Ingredients Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Functional Food Ingredients Market
4.3. Economic Impact Analysis

Chapter 5. Functional Food Ingredients Market by Product Type
5.1. Market Overview
5.2. Probiotics
5.2.1. Market Size and Forecast, 2022-2032 ($Million)
5.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.3. Proteins & Amino Acids
5.3.1. Market Size and Forecast, 2022-2032 ($Million)
5.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.4. Prebiotics
5.4.1. Market Size and Forecast, 2022-2032 ($Million)
5.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.5. Omega-3 Fatty Acids
5.5.1. Market Size and Forecast, 2022-2032 ($Million)
5.5.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.6. Vitamins
5.6.1. Market Size and Forecast, 2022-2032 ($Million)
5.6.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.7. Others
5.7.1. Market Size and Forecast, 2022-2032 ($Million)
5.7.2. Market Size and Forecast, by Region, 2022-2032 ($Million)

Chapter 6. Functional Food Ingredients Market by Application
6.1. Market Overview
6.2. Food
6.2.1. Market Size and Forecast, 2022-2032 ($Million)
6.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.3. Beverages
6.3.1. Market Size and Forecast, 2022-2032 ($Million)
6.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)

Chapter 7. Functional Food Ingredients Market Source
7.1. Market Overview
7.2. Natural
7.2.1. Market Size and Forecast, 2022-2032 ($Million)
7.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
7.3. Synthetic
7.3.1. Market Size and Forecast, 2022-2032 ($Million)
7.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
7.4. Others
7.4.1. Market Size and Forecast, 2022-2032 ($Million)
7.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)

Chapter 8. Functional Food Ingredients Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.2.3. North America Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.2.4. North America Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.2.5. North America Functional Food Ingredients Market Size and Forecast by Country, 2022-2032, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.2.6.2. The U.S. Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.2.6.3. The U.S. Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.2.7. Canada
8.2.7.1. Canada Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.2.7.2. Canada Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.2.7.3. Canada Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.2.8.2. Mexico Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.2.8.3. Mexico Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.3. Europe Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.4. Europe Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.3.5. Europe Functional Food Ingredients Market Size and Forecast by Country, 2022-2032, ($Million)
8.3.6. Germany
8.3.6.1. Germany Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.6.2. Germany Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.6.3. Germany Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.3.7. France
8.3.7.1. France Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.7.2. France Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.7.3. France Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.8.2. U.K. Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.8.3. U.K. Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.3.9. Spain
8.3.9.1. Spain Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.9.2. Spain Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.9.3. Spain Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.3.10. Italy
8.3.10.1. Italy Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.10.2. Italy Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.10.3. Italy Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.11.2. Rest of Europe Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.11.3. Rest of Europe Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Functional Food Ingredients Market Size and Forecast by Country, 2022-2032, ($Million)
8.4.3. Asia-Pacific Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.4. Asia-Pacific Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.5. Asia-Pacific Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.4.6. China
8.4.6.1. China Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.6.2. China Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.6.3. China Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.4.7. India
8.4.7.1. India Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.7.2. India Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.7.3. India Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.4.8. Japan
8.4.8.1. Japan Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.8.2. Japan Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.8.3. Japan Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.9.2. South Korea Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.9.3. South Korea Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.10.2. Rest of APAC Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.10.3. Rest of APAC Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.5.3. Rest of the World Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.4. Rest of the World Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.5.5. Rest of the World Functional Food Ingredients Market Size and Forecast by Country, 2022-2032, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.5.6.2. Latin America Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.6.3. Latin America Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.5.7.2. Middle East Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.7.3. Middle East Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)
8.5.8. Africa
8.5.8.1. Africa Functional Food Ingredients Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.5.8.2. Africa Functional Food Ingredients Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.8.3. Africa Functional Food Ingredients Market Size and Forecast by Source, 2022-2032, ($Million)

Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions

Chapter 10. Company Profiles
10.1. Cargill, Incorporated
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. BASF SE
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Archer Daniels Midland Company
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. DuPont
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Arla Foods
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Kerry Group
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Ajinomoto Co., Inc. (Japan)
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Koninklijke DSM N.V. (Netherlands)
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Ingredion Incorporation (US)
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Tata & Lyle PLC (UK)
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
10.11. Chr. Hansen Holding A/S (Denmark)
10.11.1. Company Snapshot
10.11.2. Financial Performance
10.11.3. Product offerings
10.11.4. Key Strategic Initiatives
10.11.5. SWOT Analysis
10.12. Kemin Industries, Inc.
10.12.1. Company Snapshot
10.12.2. Financial Performance
10.12.3. Product offerings
10.12.4. Key Strategic Initiatives
10.12.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report
Market Players
  • Cargill, Incorporated
  • BASF SE
  • Archer Daniels Midland Company
  • DuPont
  • Arla Foods
  • Kerry Group
  • Ajinomoto Co., Inc.
  • Koninklijke DSM N.V.
  • Ingredion Incorporated
  • Tate & Lyle plc
  • Chr. Hansen Holding A/S
  • Kemin Industries, Inc.
Market Segments

By Product Type

  • Probiotics
  • Proteins & amino acids
  • Prebiotics
  • Omega-3 fatty acids
  • Vitamins
  • Others

By Application

  • Food
    • Dairy products
    • Bakery products
    • Confectionery products
    • Snacks
    • Meat and Seafood
    • Others
  • Beverages
    • Energy drinks
    • Juices
    • Health drinks
    • Others

By Source

  • Natural
    • Animal
    • Microbial
    • Plant
  • Synthetic

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Netherlands
    • Sweden
    • Switzerland
    • Denmark
    • Finland
    • Russia
    • Rest of Europe
  • The Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Indonesia
    • Taiwan
    • Malaysia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

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