Summary
The global functional food market, valued at USD 339.95 billion in 2023, is forecast to grow significantly, reaching USD 666.70 billion by 2030. Rising health awareness, demand for immunity-boosting foods, and the prevalence of lifestyle-related diseases are fueling the market’s rapid expansion.
A) Market Size
The global functional food market stood at USD 339.95 billion in 2023 and is projected to reach USD 666.70 billion by 2030, growing at a CAGR of 10.1%. The growth is attributed to increasing consumer interest in foods offering added health benefits beyond basic nutrition.
B) Scope and Research Methodology
This report uses a combination of primary (interviews, surveys) and secondary research (industry journals, financial reports) to gather data. The methodology includes SWOT analysis, Porter’s Five Forces, and market trend tracking, ensuring robust, data-driven insights.
C) Report Coverage
Market Drivers, Restraints, and Opportunities
Product and Application Segmentation
Regional Insights
Competitive Landscape
Key Player Profiles
Forecast and Growth Projections
D) Market Overview
Functional foods, such as fortified grains, dairy products, and beverages, are increasingly integrated into daily diets due to their health-promoting properties. Rising healthcare costs and aging populations have pushed consumers toward preventive nutrition, driving demand globally.
E) Market Dynamics
Drivers:
Increasing health awareness
Growth in chronic diseases
Innovation in functional ingredients
Challenges:
High R&D and production costs
Regulatory and labeling hurdles
Opportunities:
Rising demand in developing nations
Expansion in personalized nutrition
F) Market Segmentation
By Ingredients:
Carotenoids
Dietary fibers
Fatty acids
Minerals
Prebiotics
Probiotics
Vitamins
By Application:
Sports nutrition
Weight loss
Immunity
Digestive health
Clinical nutrition
Cardio health
By Product:
Meat, fish, and eggs
Soy products
Fats and oils
G) Key Players Include:
BASF SE
Cargill Inc.
General Mills
The Coca-Cola Company
Standard Functional Foods Group
GFR Pharma
Kellogg NA
Abbott Laboratories
Hearthside Food Solutions
Nestlé S.A.
Tyson Foods
DowDuPont
Puris
Archer Daniels Midland Company
BioCare Copenhagen A/S
H) Reasons to Buy This Report
In-depth understanding of market size, trends, and forecasts
Identification of key growth opportunities and challenges
Evaluation of competitive positioning and strategic initiatives
Insights into product innovations and consumer behavior
Regional analysis to support market entry or expansion strategies
I) Table of Contents
Executive Summary
Introduction
Research Methodology
Market Overview
Market Dynamics
Segmentation Analysis
Regional Analysis
Competitive Landscape
Company Profiles
Conclusion and Recommendations
Maximize Market Research is a globally recognized business consulting and market research firm providing advanced analytical reports across industries like IT, healthcare, food & beverage, chemicals, and more. We help businesses navigate change through informed decisions, tailored insights, and strategic guidance.
More Related Report:
Global Source Measure Unit Market https://www.maximizemarketresearch.com/market-report/global-source-measure-unit-market/8362/
Global ECompass Market https://www.maximizemarketresearch.com/market-report/global-e-compass-market/32566/
level sensors market https://www.maximizemarketresearch.com/market-report/level-sensor-market/2838/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656