Title: Functional Food Products Market, Applications Share, Trends & Forecast from 2017 to 2024
1Global Functional Food Products Trends and
Forecast 2016-2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2Regional Analysis of Functional Food Products
Market
- Based on region, the market has been divided into
North America, Latin America, Europe, Asia
Pacific and Middle East and Africa. - In 2015, North America led the functional foods
market and accounted for a major market share.
The market size in Asia Pacific region is
projected to grow at a brisk rate in the forecast
period. The market in Europe is also growing at a
good pace. -
3Application Analysis of Functional Food Products
Market
- By application, the market is segregated into
dairy products, cereals and bakery, soy products,
fish, eggs, meat, fats, oils and others. The
others segment includes nutritional bars,
beverages and variety of snacks. - In 2016, energy beverages accounted for a major
share in the market. Biggest opportunities can be
explored with snacks which are plant-based and
gluten-free. Dairy products which are fermented
such as yoghurts have numerous health benefits
associated with them. Margarine consisting of
fatty acid esters lowers the cholesterol level. - These benefits ensure a substantial growth of the
functional food industry. Based on end-use, the
market is categorized into immunity, clinical
nutrition, sports, digestive health, weight
management and cardiovascular health.
4Competitive Market Share of Functional Food
Products Market
- Some of the key participants in the industry of
functional foods and beverages are Unilever, Red
Bull GmbH, PepsiCo Inc., Arla, BASF, Dean Foods,
Kellogg, Nestle, AbbVie Inc., Suntory, Danone,
Abbott Laboratories, General Mills, GFR Pharma,
Amway, etc. Danone has become one of the biggest
players in global non-dairy products.
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