Functional Food Ingredients Market

Market Insights

Functional food ingredients can be defined as ingredients that have the capability to add various advantages to the end product. Functional food ingredients are usually stated as such ingredients that are most likely to be consumed as a part of a standard diet, and that comprise biologically active constituents, which propose the potential for enhanced health benefits. Some functional foods consist of foods that contain specific vitamins, minerals, fiber, fatty acids, phytochemicals, and others.

Rising consumer awareness related to health and increasing demand for fortified foods, as well as the number of fitness centers and gym goers, are anticipated to expand the growth of the functional food ingredients market over the period 2016–2023.

Increasing health consciousness, as well as the escalating incidence of different chronic diseases such as diabetes, high blood pressure, and other related diseases, have intensified the demand for functional food ingredients in order to bolster the production of functional foods.

Apart from this, rising demand for fortified foods that are enjoyable, safe, healthy, and tasty is anticipated to foster demand for the functional food ingredients market over the forecast period. Apart from this, escalating demand for snack bars, especially for heart health, is likely to intensify the functional food ingredients market over the forecast period.

Changes in lifestyle, along with increased consumption of fortified food products, are expected to drive the growth of the global functional food ingredients market over the forecast period. The increasing production of food, as well as changes in lifestyle, are expected to intensify the growth of the functional food ingredients market over the forecast period.

The advantages being offered by the consumption of functional foods as compared to other foods are anticipated to favorably impact the growth of the functional food ingredients market between 2016 and 2023.

The functional food ingredients market has been estimated to be valued at US$ 2,182.7 million by the end of 2016 and is expected to attain revenue of US$ 3,442.9 million by 2023, expanding at a CAGR of 6.7% during the forecast period of 2016–2023.

Purpose of the Report

The purpose of this strategic research study titled “Global Functional Food Ingredients Market: Growth, Future Prospects, and Competitive Analysis 2016–2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them to make informed strategic decisions regarding the opportunities in the global functional food ingredients market.

Target Audience

• Industry Investors
• Research Professionals
• Emerging Companies
• Raw Material Suppliers and Buyers
• Product Suppliers and Buyers
• Research Institutes

On the basis of health benefts, the functional food ingredients market is categorized into the following types:

• Bone health
• Heart health
• Immunity
• Nutrition
• Other

Increasing consumption of processed food in developing economies such as China and India has intensified the demand for functional food ingredients all across the globe. Apart from this, a significant increase in the number of baby boomers, along with a change in lifestyle, is anticipated to intensify the functional food ingredient market over the period 2016–2026.

The functional food ingredients market is segmented on the basis of health benefits, which include bone health, heart health, immunity, nutrition, and others. The bone health segment contributed significantly to the total functional food ingredients market in 2015. The rising number of cardiovascular diseases all over the world is likely to expand the growth of the heart health segment over the forecast period.

On the basis of type, the functional food ingredients market is categorized into the following types:

• Vitamin
• Protein
• Mineral
• Probiotics and prebiotics
• Fatty Acid
• Others

The significant demand for functional food products all over the world has intensified the demand for functional food ingredients. The functional food ingredients market is segmented on the basis of type, which includes minerals, vitamins, proteins, probiotics and prebiotics, fatty acids, and others.

The vitamins segment contributed the largest revenue share to the total functional food ingredients market in 2015. Rising health consciousness has intensified the demand for the segment over the past few years. Rising demand for functional drinks is anticipated to expand the probiotic and prebiotic segments’ growth over the forecast period.

On the basis of geography, the global market for functional food ingredients is segmented into the following categories:

• North America
  • US.
  • Canada
• Europe
  • Germany
  • France
  • UK.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

Inclination towards health consciousness and a changing mindset of consumers towards healthy foods are anticipated to bolster the growth of the functional food ingredients market over the period 2016–2023.

Geographically, the global market for functional food ingredients is divided. North America contributed the highest revenue share in the total functional food ingredients market, with a contribution of more than 30% in 2015.

Following that, Europe finished second in the same year. Rising urbanization, higher health awareness, and higher population spending in these developed regions are anticipated to contribute to the double-digit growth rate of these regions during the projected period. The booming food and beverage sector in the Middle East and Africa, as well as in Latin American countries, is anticipated to spur the growth of the functional food ingredients market in these regions over the period 2016–2023.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Functional Food Ingredients Market

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Challenges
3.2.3 Market Opportunities
3.3 Attractive Investment Proposition
3.4 Market Share Analysis of Key Manufactures in Global Functional Food Ingredients Market

Chapter 4 Global Functional Food Ingredients Market Analysis, By Health Benefits
4.1 Bone Health
4.2 Heart Health
4.3 Immunity
4.4 Nutrition
4.5 Others

Chapter 5 Global Functional Food Ingredients Market Analysis, By Type
5.1 Vitamin
5.2 Protein
5.3 Mineral
5.4 Probiotic and Prebiotic
5.5 Fatty Acid
5.6 Others

Chapter 6 North America Functional Food Ingredients Market Analysis
6.1 Overview
6.1.1 North America Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
6.2 North America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
6.2.1 North America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
6.3 North America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
6.3.1 North America Functional Food Ingredients Market Analysis, By Type 2013 – 2023 (US$ Mn)
6.4 North America Functional Food Ingredients Market Analysis, By Country, 2013 – 2023 (US$ Mn)
6.4.1 U.S.
6.4.2 Canada

Chapter 7 Europe Functional Food Ingredients Market Analysis
7.1 Overview
7.1.1 Europe Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
7.2 Europe Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
7.2.1 Europe Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
7.3 Europe Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
7.3.1 Europe Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
7.4 Europe Functional Food Ingredients Market Analysis, By Country, 2013 – 2023 (US$ Mn)
7.4.1 EU
7.4.2 CIS
7.4.3 Rest of Europe

Chapter 8 Asia Pacific Functional Food Ingredients Market Analysis
8.1 Overview
8.1.1 Asia Pacific Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
8.2 Asia Pacific Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
8.2.1 Asia Pacific Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
8.3 Asia Pacific Functional Food Ingredients Market Analysis, By Type 2013 – 2023 (US$ Mn)
8.3.1 Asia Pacific Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
8.4 Asia Pacific Functional Food Ingredients Market Analysis, By Country, 2013 – 2023 (US$ Mn)
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 Rest of Asia Pacific

Chapter 9 Latin America Functional Food Ingredients Market Analysis
9.1 Overview
9.1.1 Latin America Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
9.2 Latin America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
9.2.1 Latin America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
9.3 Latin America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
9.3.1 Latin America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
9.4 Latin America Functional Food Ingredients Market Analysis, By Country, 2013 – 2023 (US$ Mn)
9.4.1 Brazil
9.4.2 Mexico
9.4.3 Rest of Latin America

Chapter 10 Middle East & Africa Functional Food Ingredients Market Analysis
10.1 Overview
10.1.1 Middle East & Africa Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
10.2 Middle East & Africa Functional Food Ingredients Market Analysis, By Health Benefits
10.2.1 Middle East & Africa Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023 (US$ Mn)
10.3 Middle East & Africa Functional Food Ingredients Market Analysis, By Type, 2013 – 2023 (US$ Mn)
10.3.1 Middle East & Africa Functional Food Ingredients Market Analysis, By Type

Chapter 11 Company Profiles
11.1 Cargill Incorporated
11.2 DSM
11.3 BASF SE
11.4 Tate and Lyle Plc.
11.5 Ingredion Incorporated
11.6 Archer Daniels Midland Company
11.7 Associated British Foods
11.8 E.I. DuPont de Nemours and Company
11.9 New Asia Ingredients Pvt Ltd.
11.10 Shandong Yuwang Industrial Co. Ltd.

List of Figures

FIG. 1 Functional Food Ingredients Market: Research Methodology
FIG. 2 Attractive Investment Proposition
FIG. 3 Market Share Analysis of Key Manufacturers in Global Functional Food Ingredients Market, 2015 (Value %)
FIG. 4 Functional Food Ingredients Health Benefits Market in Bone Health, 2013 – 2023 (US$ Mn)
FIG. 5 Functional Food Ingredients Health Benefits Market in Heart Health, 2013 – 2023 (US$ Mn)
FIG. 6 Functional Food Ingredients Health Benefits Market in Immunity, 2013 – 2023 (US$ Mn)
FIG. 7 Functional Food Ingredients Health Benefits Market in Nutrition, 2013 – 2023 (US$ Mn)
FIG. 8 Functional Food Ingredients Health Benefits Market in Others, 2013 – 2023 (US$ Mn)
FIG. 9 Functional Food Ingredients Type Market in Vitamin Segment, 2013 – 2023 (US$ Mn)
FIG. 10 Functional Food Ingredients Type Market in Protein Segment, 2013 – 2023 (US$ Mn)
FIG. 11 Functional Food Ingredients Type Market in Mineral Segment, 2013 – 2023 (US$ Mn)
FIG. 12 Functional Food Ingredients Type Market in Probiotic and Prebiotic Segment, 2013 – 2023 (US$ Mn)
FIG. 13 Functional Food Ingredients Type Market in Fatty Acid Segment, 2013 – 2023 (US$ Mn)
FIG. 14 Functional Food Ingredients Type Market in Others Segment, 2013 – 2023 (US$ Mn)
FIG. 15 North America Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 16 Europe Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 17 Asia Pacific Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 18 Latin America Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)
FIG. 19 Middle East & Africa Functional Food Ingredients Market Revenue, 2013 – 2023, (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Functional Food Ingredients Market
TABLE 2 Global Functional Food Ingredients Market, By Health Benefits, 2013 – 2023 (US$ Mn)
TABLE 3 Global Functional Food Ingredients Market, By Type, 2013 – 2023 (US$ Mn)
TABLE 4 North America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 5 North America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 6 U.S. Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 7 U.S. Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 8 Canada Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 9 Canada Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 10 Europe Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 11 Europe Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 12 Germany Functional Food Ingredients Market Analysis, By Health Benefits 2013 – 2023, (US$ Mn)
TABLE 13 Germany Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 14 France Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 15 France Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 16 U.K. Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 17 U.K.Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 18 Rest of Europe Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 19 Rest of Europe Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 20 Asia Pacific Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 21 Asia Pacific Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 22 China Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 23 China Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 24 India Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 25 India Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 26 Japan Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 27 Japan Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 28 Rest of Asia Pacific Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 29 Rest of Asia Pacific Functional Food Ingredients Market Analysis, By Type 2013 – 2023, (US$ Mn)
TABLE 30 Latin America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 31 Latin America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 32 Brazil Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 33 Brazil Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 34 Mexico Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 35 Mexico Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 36 Rest of Latin America Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 37 Rest of Latin America Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 38 Middle East & Africa Functional Food Ingredients Market Analysis, By Health Benefits, 2013 – 2023, (US$ Mn)
TABLE 39 Middle East & Africa Functional Food Ingredients Market Analysis, By Type, 2013 – 2023, (US$ Mn)
TABLE 40 Cargill Incorporated: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage))
TABLE 41 DSM: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 42 BASF SE: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 43 Tate and Lyle Plc.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 44 Ingredion Incorporated: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 45 Archer Daniel Midland Company:. Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 46 Associated British Foods: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 47 E.I. DuPont De Nemours and Company.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 48 New Asia Ingredients Pvt Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 49 Shandong Yuwang Industrial Co. Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)