Global Functional Food Ingredients Market is expected to reach USD 110 billion by 2025, from USD 67 billion in 2017 growing at a CAGR of 6.7% during the forecast period of 2019 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The market research report, such as this functional food ingredients market report, plays the most important role in developing and enhancing the strategies for sales, advertising, marketing, and promotion. To carry out competitive analysis, various strategies of the major players in the market have been considered that range from new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others which lead to an ascend of their footprints in the market. Functional food ingredients market research report identifies as well as analyses the emerging trends along with major driving factors, challenges and opportunities in the market for food and beverage industry.
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Key Market Competitors: Global Functional Food Ingredients Market
The key players operating in the global functional food ingredients market are –
Archer Daniels Midland Company,
Increase in consumption of nutritive convenience food and fortified food
Growth in incidences of chronic diseases
Growth in need for food enrichment due to high processing levels of food products
Higher cost for functional food products due to the inclusion of healthier or naturally sourced ingredients
Competitive Analysis: Global Functional Food Ingredients Market
The global functional food ingredients market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Functional Food Ingredients market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In October, 2017 Cargill makes its first animal feed company acquisition in Brazil the acquisition of privately owned integral nutrias animal, announced on Friday is Cargill’s first purchase of a company in food ingredients segment in Latin America’s largest economy.
Cargill has been looking to diversify into new businesses as global grain traders face a margin squeeze because of a glut of the crops.
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Segmentation: Global Functional Food Ingredients Market
Proteins & Amino Acids
Phytochemical & Plant Extracts
Fibers & Specialty Carbohydrates
Omega-3 Fatty Acids
By Health Benefit
Middle East & Africa
Key Insights in the report:
Historical and current market size and projection up to 2025.
Market trends impacting the growth of the global functional food ingredients market.
Analyze and forecast functional food ingredients market on the basis of type, application, source, form and process
Trends of key regional and country-level markets for type, application, source, form and process
Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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