Functional Food Ingredients: Growing Health Awareness Among Consumers to Bolster Industry Growth - PowerPoint PPT Presentation

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Functional Food Ingredients: Growing Health Awareness Among Consumers to Bolster Industry Growth

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The functional food ingredients market is estimated to be valued at USD 68.60 billion in 2018 and is projected to reach USD 94.21 billion by 2023, at a CAGR of 6.6% during the forecast period. The increase in consumption of nutritive convenience food and fortified food and the rising health awareness among consumers are leading to increased consumption of healthier diets, thereby driving this market. Read more @ – PowerPoint PPT presentation

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Title: Functional Food Ingredients: Growing Health Awareness Among Consumers to Bolster Industry Growth


1
Marketsandmarkets presents
  • Functional Food Ingredients Growing Health
    Awareness Among Consumers to Bolster Industry
    Growth

2
  • The report "Functional Food Ingredients Market by
    Type (Probiotics, Prebiotics, Proteins Amino
    Acids, Phytochemical Plant Extracts, Omega-3
    Fatty Acids, Carotenoids, Fibers Specialty
    Carbohydrates), Application, Source, and Region -
    Global Forecast to 2023", The functional food
    ingredients market is estimated to be valued at
    USD 68.60 billion in 2018 and is projected to
    reach USD 94.21 billion by 2023, at a CAGR of
    6.6. Functional food ingredients help manage
    weight, improve infant health, and help prevent
    conditions such as high blood pressure. These
    products are popular among younger consumers who
    are becoming increasingly health conscious. The
    market is driven by the growth in the need for
    food enrichment due to high processing levels of
    food products and RD and expansion of production
    capacity to enhance applicability accelerate
    growth.
  • Browse
  • 80 market data Tables  
  • 45 Figures
  • 175 Pages and in-depth TOC on "Functional Food
    Ingredients Market
  • You can speak to our analyst _at_
  • https//www.marketsandmarkets.com/speaktoanalystNe
    w.asp?id9242020

3
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4
  • The functional food ingredients market is
    estimated to be valued at USD 68.60 billion in
    2018 and is projected to reach USD 94.21 billion
    by 2023, at a CAGR of 6.6 during the forecast
    period. The increase in consumption of nutritive
    convenience food and fortified food and the
    rising health awareness among consumers are
    leading to increased consumption of healthier
    diets, thereby driving this market.
  • The South American market is projected to grow at
    the highest CAGR from 2018 to 2023. The growing
    food processing industry in the region, along
    with the growing health consciousness, has a
    direct impact on the functional food ingredients
    industry in the region owing to the use of
    functional food ingredients in energy drinks
    bars, dairy products, and infant nutrition
    products. This is the key reason for the
    high-growth rates of all types of functional food
    ingredients in this region.
  • The global market for functional food ingredients
    is dominated by large-scale players such as
    DowDuPont (US), Archer Daniels Midland Company
    (US), BASF SE (Germany), Cargill (US), Arla Foods
    (UK), Chr. Hansen (Denmark), and Koninklijke DSM
    N.V. (Netherlands).

5
  • Scope of the Report
  • Based on Type, the market has been segmented as
    follows
  • Probiotics
  • Proteins amino acids
  • Phytochemical plant extracts
  • Prebiotics
  • Fibers specialty carbohydrates
  • Omega-3 fatty acids
  • Carotenoids
  • Vitamins
  • Minerals
  • Based on Source, the market has been segmented as
    follows
  • Natural
  • Synthetic

6
  • Based on Application, the market has been
    segmented as follows
  • Food
  • Beverages
  • Based on Region, the market has been segmented as
    follows
  • North America
  • Europe
  • Asia Pacific
  • South America
  • RoW (the Middle East and Africa)

7
  • Target Audience
  • The stakeholders for the report are as follows
  • Raw material suppliers
  • Manufacturers
  • Food ingredient manufacturers
  • Food ingredient processors
  • Chemical industry
  • Regulatory bodies
  • Food and Drug Administration (FDA)
  • United States Department of Agriculture (USDA)
  • European Food Safety Agency (EFSA)
  • EUROPA
  • Codex Alimentarius
  • Food Safety Australia and New Zealand (FSANZ)
  • Government agencies
  • Intermediary suppliers such as traders,
    distributors, and suppliers of ingredients and
    end products
  • End users
  • Food beverage manufacturers/suppliers

8
Contact Us
  • Mr. Shelly Singh
  • MarketsandMarkets INC.
  • 630 Dundee Road
  • Suite 430
  • Northbrook, IL 60062
  • USA 1-888-600-6441
  • Sales_at_marketsandmarkets.com

9
About MarketsandMarkets
  • MarketsandMarkets provides quantified B2B
    research on 30,000 high growth niche
    opportunities/threats which will impact 70 to
    80 of worldwide companies revenues. Currently
    servicing 7500 customers worldwide including 80
    of global Fortune 1000 companies as clients.
    Almost 75,000 top officers across eight
    industries worldwide approach MarketsandMarkets
    for their painpoints around revenues decisions.
  • Our 850 fulltime analyst and SMEs at
    MarketsandMarkets are tracking global high
    growth markets following the "Growth Engagement
    Model GEM". The GEM aims at proactive
    collaboration with the clients to identify new
    opportunities, identify most important customers,
    write "Attack, avoid and defend" strategies,
    identify sources of incremental revenues for both
    the company and its competitors.
    MarketsandMarkets now coming up with 1,500
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