CAGR of Functional Food Ingredient Market is expected to grow 6.2% in the year (2018-2023), Predicts Market Research Future with Leading Manufactures, Trends, Increasing Demand & Business Analysis-The NewsWeek Group
Functional Food Ingredient Market 2019 Global Industry research report offers you market size, industry growth, share, development trends, product demand, investment plans, business idea and forecasts to 2023.
Global “Functional Food Ingredient Market 2019-2023” has been providing up and changing the worldwide economy as far as growth rate, revenue, deal, market proposition, and scope. The Global Functional Food Ingredient market Consumption market report is an extensive analysis of this corporate field, which has been established to be one of the most profitable business verticals in futures. The Reportspecifies the complete estimate of Global Functional Food Ingredient market business terms, in addition to presenting a brief segmentation of the industry, the expansion opportunities, as well as Key region.
Top-Listed Playersin Functional Food Ingredient Market Research Report 2019-2023
- Archer Daniels Midland Company
- Arla Foods
- BASF SE
- Cargill Incorporated
- DSM NV
- General Mills Inc.
- Ingredion Incorporated
- Kerry Group PLC
- Standard Functional Foods Group Inc.
- Tate and Lyle PLC
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Overview of Functional Food Ingredient Market:
The global functional food ingredient market was valued at USD 2.54 billion in 2017 and is projected to reach USD 3.18 billion by 2023, at a CAGR of 6.2%, during the forecast period from 2018 to 2023. Major producers have been engaged in the strategies of focusing on innovation in products, expanding current operations and commencing new ones, and investing in products of other companies, among others.
The rising incidence of chronic diseases is driving the consumers to shift toward healthier food options. Increasing consumer interest, and a better understanding of the immunity enhancing property of proper diet and food habits, are some of the key factors driving the growth of the global functional food ingredients market. Strict legislation imposed by governments across the globe prevents the expansion of the functional food ingredient market. In many countries, strict regulations are imposed on advertisements and labeling of products. Functional food ingredients are not easily available in supermarkets and grocery stores, and often tend to be expensive. Many consumers are unaware of how these products can be incorporated into their daily dietary intake. These factors, collectively, are obstructing the growth of the market.
However, functional food ingredient product sales have been and are expected to continue rising at a brisk rate. The high-rate of innovation in this field can lead to changes in the purpose of the product and re-position the product or, eventually, shift them from one target segment to another.
The global functional food ingredient market is segmented by type into – proteins and amino acids, vitamins, minerals, prebiotics, probiotics, hydrocolloids, essential oil, omega-3 and 6 fatty acids, and flavonoids and carotenoids. The market is segmented into confectionery, fortified dairy products, bakery and cereals, meat, fish and eggs, and others – based on application.
North America holds the maximum market share followed by Europe. Asia-Pacific region is growing with a higher rate, Countries, like China and India are driving the growth rate of functional food ingredient market in the region due to the intense economic growth, along with increase in number of working population.
• June 2017 Amway opened a new distribution Centre in major Thai market. Amway is a major seller of dietary supplements.
• October 2016 ADM launched new line of fruit and vegetable functional extracts that can deliver a concentrated dose of the powerful antioxidant compounds beta-carotene and anthocyanins in a variety of food, beverage and supplement applications.
Major players – ARCHER DANIELS MIDLAND COMPANY, ARLA FOODS, BASF SE, CARGILL INCORPORATED, DSM NV, GENERAL MILLS INC., HERBALIFE, INGREDION INCORPORATED, KERRY GROUP PLC, NESTLÉ, STANDARD FUNCTIONAL FOODS GROUP INC., TATE and LYLE PLC, among others.
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Key Highlights from Functional Food Ingredient Market Report 2019.
Revenue and Sales Estimation — Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well recognized Types and end-use industry. Additionally, macroeconomic factor and regulatory policies are as curtained in Functional Food Ingredient industry evolution and predictive analysis.
Manufacturing Analysis —the report is currently analyzed concerning various product type and application. The Functional Food Ingredient Market provides a chapter highlighting manufacturing process analysis validated via primary information collected through Industry and Key officials of profiled companies.
Competition — Leading players have been analyzed depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.
Demand and Supply and Effectiveness — Functional Food Ingredient Market report additionally provides distribution, Production, Consumption for the complete industry.
Functional Food Ingredient MarketTop Regions(regional analysis covers):-
- North America (the USA, Canada, andMexico)
- Europe (Germany, France, UK, Russia, andItaly)
- Asia-Pacific (China, Japan, Korea, India, andSoutheast Asia)
- South America, Middle East, andAfrica
Reasons to Purchase this Report
- Analyzing outlook of the market with the recent trends and Porters five forces analysis
- Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis, including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and Country level analysis integrating the demand and supply forces that are influencing the growth of the market
- Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet (in excel)
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Functional Food Ingredient Market 2019 Report Brief:-
- The report covers forecast and analysis for the Functional Food Ingredient market on a global and regional level
- The report includes the drivers and the restraints that affect the growth of the market
- Detailed information about the market opportunities are discussed
- The key target audience for the market has been determined in the report
- The revenue generated by the prominent industry players has been analyzed in the report
- The market numbers have been calculated using top-down and the bottom-up approaches
- The market is segmented on the basis of product, technology, ownership, and end-user industry which in turn is bifurcated on the regional level as well
- All the segments have been evaluated based on the present and the future trends
- The report deals with the in-depth quantitative and qualitative analyses of the Functional Food Ingredient market
- The report includes detailed company profiles of the prominent market players
Look into Table of Content of Functional Food Ingredient Market 2019 Research Report at
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