According to a market report by Lucintel, the future of the global functional food ingredient market looks promising with opportunities in the food, beverage, and nutraceutical & dietary supplement markets. The global functional food ingredient market is expected to reach an estimated $245 billion by 2035 from $136 billion in 2027 with a CAGR of 6.8% from 2027 to 2035. The major drivers for this market are the increasing demand for fortified food products, the rising consumer focus on preventive nutrition, and the growing use of functional ingredients in foods.
A more than 150-page report to understand trends, opportunity and
forecast in global functional food ingredient market to 2035 by type
(probiotics, proteins & amino acids, phytochemicals & plant extracts,
prebiotics, fibers & specialty carbohydrates, omega-3 fatty acids,
carotenoids, vitamins, and minerals), form (powders, liquid, capsules/tablets,
and others), source (natural sources, synthetic sources, and hybrid or blended
sources), application (food, beverage, and nutraceuticals & dietary
supplement), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
Lucintel forecasts that, within the form category, powder is expected to
witness the highest growth over the forecast period due to longer shelf life
and convenient storage benefits.
Within the application category, food is expected to witness the highest
growth over the forecast period due to increasing food ingredient demand.
Download sample by clicking on functional food ingredient market.
In terms of regions, APAC is expected to witness the highest growth over
the forecast period due to expanding food industry and rising consumer demand.
Cargill, Incorporated, BASF SE, ADM, International Flavors &
Fragrances Inc, Arla Foods amba, Kerry Group plc, Ajinomoto Co., Inc., DSM,
Ingredion, Tate & Lyle are the major suppliers in the functional food ingredient market.
This
unique research report will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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