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Functional Food-Global Market Insights and Sales Trends 2024

Functional Food-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1857175

No of Pages : 108

Synopsis

Functional food is a food given an additional function (often one related to health-promotion or disease prevention) by adding new ingredients or more of existing ingredients.The term may also apply to traits purposely bred into existing edible plants, such as purple or gold potatoes having enriched anthocyanin or carotenoid contents, respectively.Functional food industry, consisting of food, beverage and supplement sectors, is one of the several areas of the food industry that is experiencing fast growth in recent years.

The global Functional Food market size is expected to reach US$ 194680 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Functional Food in various end use industries. The expanding demands from the Bakery & Cereals, Dairy Products, Meat, Fish & Eggs and Soy Products, are propelling Functional Food market. Carotenoids, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Dietary Fibers segment is estimated at % CAGR for the next seven-year period.

Asia Pacific shows high growth potential for Functional Food market, driven by demand from China, the second largest economy with some signs of stabilising, the Functional Food market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.

Report Objectives

This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Functional Food, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Functional Food market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Functional Food market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Functional Food sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Functional Food covered in this report include Abbott Laboratories, Archer Daniels Midland, Arla, BASF, Danone, Dean Foods, General Mills, Kellogg and Nestle, etc.

The global Functional Food market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

  • Abbott Laboratories
  • Archer Daniels Midland
  • Arla
  • BASF
  • Danone
  • Dean Foods
  • General Mills
  • Kellogg
  • Nestle
  • PepsiCo

Global Functional Food market, by region:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, etc.)
  • Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
  • South America (Brazil, etc.)
  • Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Functional Food market, Segment by Type:

  • Carotenoids
  • Dietary Fibers
  • Fatty Acids
  • Minerals
  • Prebiotics & Probiotic
  • Vitamins
  • Others

Global Functional Food market, by Application

  • Bakery & Cereals
  • Dairy Products
  • Meat, Fish & Eggs
  • Soy Products
  • Fats & Oils
  • Others

Core Chapters

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Functional Food manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Functional Food in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.

Index

1 Functional Food Market Overview
1.1 Functional Food Product Overview
1.2 Functional Food Market Segment by Type
1.2.1 Carotenoids
1.2.2 Dietary Fibers
1.2.3 Fatty Acids
1.2.4 Minerals
1.2.5 Prebiotics & Probiotic
1.2.6 Vitamins
1.2.7 Others
1.3 Global Functional Food Market Size by Type
1.3.1 Global Functional Food Market Size Overview by Type (2018-2029)
1.3.2 Global Functional Food Historic Market Size Review by Type (2018-2023)
1.3.3 Global Functional Food Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Functional Food Sales Breakdown by Type (2018-2023)
1.4.2 Europe Functional Food Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Functional Food Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Functional Food Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Functional Food Sales Breakdown by Type (2018-2023)
2 Global Functional Food Market Competition by Company
2.1 Global Top Players by Functional Food Sales (2018-2023)
2.2 Global Top Players by Functional Food Revenue (2018-2023)
2.3 Global Top Players by Functional Food Price (2018-2023)
2.4 Global Top Manufacturers Functional Food Manufacturing Base Distribution, Sales Area, Product Type
2.5 Functional Food Market Competitive Situation and Trends
2.5.1 Functional Food Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Functional Food Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Functional Food as of 2022)
2.7 Date of Key Manufacturers Enter into Functional Food Market
2.8 Key Manufacturers Functional Food Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Functional Food Status and Outlook by Region
3.1 Global Functional Food Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Functional Food Historic Market Size by Region
3.2.1 Global Functional Food Sales in Volume by Region (2018-2023)
3.2.2 Global Functional Food Sales in Value by Region (2018-2023)
3.2.3 Global Functional Food Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Functional Food Forecasted Market Size by Region
3.3.1 Global Functional Food Sales in Volume by Region (2024-2029)
3.3.2 Global Functional Food Sales in Value by Region (2024-2029)
3.3.3 Global Functional Food Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Functional Food by Application
4.1 Functional Food Market Segment by Application
4.1.1 Bakery & Cereals
4.1.2 Dairy Products
4.1.3 Meat, Fish & Eggs
4.1.4 Soy Products
4.1.5 Fats & Oils
4.1.6 Others
4.2 Global Functional Food Market Size by Application
4.2.1 Global Functional Food Market Size Overview by Application (2018-2029)
4.2.2 Global Functional Food Historic Market Size Review by Application (2018-2023)
4.2.3 Global Functional Food Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Functional Food Sales Breakdown by Application (2018-2023)
4.3.2 Europe Functional Food Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Functional Food Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Functional Food Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Functional Food Sales Breakdown by Application (2018-2023)
5 North America Functional Food by Country
5.1 North America Functional Food Historic Market Size by Country
5.1.1 North America Functional Food Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Functional Food Sales in Volume by Country (2018-2023)
5.1.3 North America Functional Food Sales in Value by Country (2018-2023)
5.2 North America Functional Food Forecasted Market Size by Country
5.2.1 North America Functional Food Sales in Volume by Country (2024-2029)
5.2.2 North America Functional Food Sales in Value by Country (2024-2029)
6 Europe Functional Food by Country
6.1 Europe Functional Food Historic Market Size by Country
6.1.1 Europe Functional Food Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Functional Food Sales in Volume by Country (2018-2023)
6.1.3 Europe Functional Food Sales in Value by Country (2018-2023)
6.2 Europe Functional Food Forecasted Market Size by Country
6.2.1 Europe Functional Food Sales in Volume by Country (2024-2029)
6.2.2 Europe Functional Food Sales in Value by Country (2024-2029)
7 Asia-Pacific Functional Food by Region
7.1 Asia-Pacific Functional Food Historic Market Size by Region
7.1.1 Asia-Pacific Functional Food Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Functional Food Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Functional Food Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Functional Food Forecasted Market Size by Region
7.2.1 Asia-Pacific Functional Food Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Functional Food Sales in Value by Region (2024-2029)
8 Latin America Functional Food by Country
8.1 Latin America Functional Food Historic Market Size by Country
8.1.1 Latin America Functional Food Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Functional Food Sales in Volume by Country (2018-2023)
8.1.3 Latin America Functional Food Sales in Value by Country (2018-2023)
8.2 Latin America Functional Food Forecasted Market Size by Country
8.2.1 Latin America Functional Food Sales in Volume by Country (2024-2029)
8.2.2 Latin America Functional Food Sales in Value by Country (2024-2029)
9 Middle East and Africa Functional Food by Country
9.1 Middle East and Africa Functional Food Historic Market Size by Country
9.1.1 Middle East and Africa Functional Food Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Functional Food Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Functional Food Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Functional Food Forecasted Market Size by Country
9.2.1 Middle East and Africa Functional Food Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Functional Food Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Abbott Laboratories
10.1.1 Abbott Laboratories Company Information
10.1.2 Abbott Laboratories Introduction and Business Overview
10.1.3 Abbott Laboratories Functional Food Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Abbott Laboratories Functional Food Products Offered
10.1.5 Abbott Laboratories Recent Development
10.2 Archer Daniels Midland
10.2.1 Archer Daniels Midland Company Information
10.2.2 Archer Daniels Midland Introduction and Business Overview
10.2.3 Archer Daniels Midland Functional Food Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Archer Daniels Midland Functional Food Products Offered
10.2.5 Archer Daniels Midland Recent Development
10.3 Arla
10.3.1 Arla Company Information
10.3.2 Arla Introduction and Business Overview
10.3.3 Arla Functional Food Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Arla Functional Food Products Offered
10.3.5 Arla Recent Development
10.4 BASF
10.4.1 BASF Company Information
10.4.2 BASF Introduction and Business Overview
10.4.3 BASF Functional Food Sales, Revenue and Gross Margin (2018-2023)
10.4.4 BASF Functional Food Products Offered
10.4.5 BASF Recent Development
10.5 Danone
10.5.1 Danone Company Information
10.5.2 Danone Introduction and Business Overview
10.5.3 Danone Functional Food Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Danone Functional Food Products Offered
10.5.5 Danone Recent Development
10.6 Dean Foods
10.6.1 Dean Foods Company Information
10.6.2 Dean Foods Introduction and Business Overview
10.6.3 Dean Foods Functional Food Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Dean Foods Functional Food Products Offered
10.6.5 Dean Foods Recent Development
10.7 General Mills
10.7.1 General Mills Company Information
10.7.2 General Mills Introduction and Business Overview
10.7.3 General Mills Functional Food Sales, Revenue and Gross Margin (2018-2023)
10.7.4 General Mills Functional Food Products Offered
10.7.5 General Mills Recent Development
10.8 Kellogg
10.8.1 Kellogg Company Information
10.8.2 Kellogg Introduction and Business Overview
10.8.3 Kellogg Functional Food Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Kellogg Functional Food Products Offered
10.8.5 Kellogg Recent Development
10.9 Nestle
10.9.1 Nestle Company Information
10.9.2 Nestle Introduction and Business Overview
10.9.3 Nestle Functional Food Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Nestle Functional Food Products Offered
10.9.5 Nestle Recent Development
10.10 PepsiCo
10.10.1 PepsiCo Company Information
10.10.2 PepsiCo Introduction and Business Overview
10.10.3 PepsiCo Functional Food Sales, Revenue and Gross Margin (2018-2023)
10.10.4 PepsiCo Functional Food Products Offered
10.10.5 PepsiCo Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Functional Food Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Functional Food Industrial Chain Analysis
11.4 Functional Food Market Dynamics
11.4.1 Functional Food Industry Trends
11.4.2 Functional Food Market Drivers
11.4.3 Functional Food Market Challenges
11.4.4 Functional Food Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Functional Food Distributors
12.3 Functional Food Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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