Functional Ingredients Market - Forecast(2022 - 2027)

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Functional Ingredients Market MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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• The Functional Ingredients Market size is
  estimated to reach 117.1 billion by 2027.
  Furthermore, it is poised to grow at a CAGR of
  6.1 over the forecast period of 2022-2027.
• Functional ingredients are considered as
  ingredients that have the ability to positively
  influence health besides their basic nutritional
  value. They are preventative in nature rather
  than curative.
• The rise in demand for fortified food beverage
  products and rising health awareness among
  consumers are the key drivers for the growth of
  the functional ingredients market.
• Consumers now expect processed food to be
  nutritional and sustainable, in addition to
  factors such as flavour, quality, safety, and
  convenience.

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• Key Takeaways
• Geographically, North America held a dominant
  market share in the year 2021 owing to increasing
  health concerns and awareness among people and
  the presence of well-established players in the
  region.
• The growing demand for convenient food options
  resulted in the much-needed push for using such
  ingredients.
• Additionally, Asia-Pacific is expected to offer
  lucrative growth opportunities to the marketers
  owing to the growing preference to outsource the
  processing/manufacturing aspects to the region
  owing to cost advantages and trade benefits.
  Rapidly rising processed food consumption,
  combined with rising health and fitness awareness
  in developing nations, is a major element driving
  the region's functional food industry growth.

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Functional Ingredients Segmentation Analysis- By
Source The Functional Ingredients market based
on the source can be further segmented into
Natural and Synthetic. Natural held a dominant
market share in the year 2021 and is also
estimated to be the fastest-growing, with a CAGR
of 7.5 over the forecast period of 2022-2027.
Natural sources are the most common source of
functional ingredients. Studies have shown that
food waste from fruits, vegetables, cereals, and
other food processing businesses is used as a
source of bioactive chemicals and nutraceuticals,
which have important applications in treating a
variety of diseases.
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• Functional Ingredients Market Market Industry
  Outlook 
• ADM
• BASF SE
• DowDuPont
• Cargill Incorporated
• Arla Foods
• Kerry Group
• Omega Protein Corporation
• Tate Lyle plc
• Amco Proteins
• AB Ingredients

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Functional Ingredients Market Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Research/F
unctional-Ingredients-Market-Research-504935?utm_s
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• Analyst Briefing
• Data Tables
• Key Contacts
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