Global Functional Food Ingredients Market Trends

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Global Functional Food Ingredients Market Size, Share, and Trends Analysis Report Trends

  • Food & Beverage
  • Upcoming Report
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Rising Demand for Plant-Based Ingredients”

A key trend driving the functional food ingredients market is the increasing consumer preference for plant-based ingredients, reflecting the shift towards sustainable, healthy lifestyles. This trend is especially strong in urban areas where demand for natural, organic products is high. Ingredients such as pea protein, chia seeds, and spirulina are commonly used due to their high nutritional value and adaptability across various food products. For instance, in September 2020, ADM launched a new line of functional protein solutions, including Arcon T finished pea proteins and Prolite MeatTEX and MeatXT wheat proteins. These innovative products are designed to improve the texture and mouthfeel of meat alternatives, making them more appealing to consumers. By enhancing flavor and texture, ADM aims to break down barriers to adoption, facilitating the growth of the meat substitute market.

Frequently Asked Questions

The market is segmented based on Segmentation, By Type (Probiotics, Prebiotics, Proteins and Amino Acids, Phytochemical and Plant Extracts, Omega-3 Fatty Acids, Carotenoids, Fibres and Specialty Carbohydrates, Vitamins and Minerals), Source (Natural and Synthetic Source), Application (Food and Beverages), Health Benefit (Gut Health, Heart Health, Bone Health, Immunity, Nutritive Health and Weight Management) – Industry Trends and Forecast to 2031 .
The Global Functional Food Ingredients Market size was valued at USD 112.36 USD Billion in 2023.
The Global Functional Food Ingredients Market is projected to grow at a CAGR of 6.7% during the forecast period of 2024 to 2031.
The major players operating in the market include BASF SE, ADM, DuPont, Arla Foods, Kerry, AJINOMOTO CO. , DSM, Ingredion, Tate & Lyle, BENEO, Kemin Industries , Roquette Frères, and more .
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.