New York, NY, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Functional Food Ingredients Market By Type (Prebiotics, Probiotics, Proteins & Amino Acids, Phytochemical & Plant Extracts, Minerals, Carotenoids, Vitamins, Omega-3 Fatty Acids, and Fibers & Specialty Carbohydrates), By Source (Natural Source (Animal, Microbial, and Plant) and Synthetic Source), and By Application (Food (Bakery Products, Dairy Products, Confectionery Products, Meat & Meat Products, and Infant Food) and Beverages (Health Drinks, Juices, and Energy Drinks): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025”. According to the report, the global functional food ingredients market was valued at around USD 64,871 million in 2018 and is expected to reach approximately USD 99,975 million by 2025, at a CAGR of around 6.74% between 2019 and 2025.

Functional food ingredients are used in functional foods that offer more than just basic nutrition. These functional foods include supplements and beverages, among other related food products. These ingredients could be natural or synthetic in nature. There are several potential benefits offered by functional food ingredients. These ingredients play an important role in improving health and reducing the risk of various diseases, such as acute and chronic diseases.

Browse through 54 Tables & 36 Figures spread over 110 Pages and in-depth TOC on “Global Functional Food Ingredients Market: Size, Share, Trends, Analysis, and Forecast, 2018—2025”.

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The increased consumption of functional foods and beverages with changing consumer behavior is estimated to propel the functional food ingredients market growth in the upcoming years. Additionally, the constant expansion and developments of the end-user industries, such as confectionery, bakery, dairy, infant food, and meat products, are projected to further enhance this market’s growth over the forecast timeline. Constantly developing techniques of food processing with a wide focus on food enrichment is demanding extensive R&D operations related to bioactive ingredients. Increased production capacity and applications of these ingredients are also estimated to boost this market’s popularity over the forecast time period.

By type, the market is segmented into prebiotics, probiotics, proteins and amino acids, phytochemicals, and plant extracts, minerals, carotenoids, vitamins, omega-3 fatty acids, and fibers and specialty carbohydrates. Probiotics are widely used in various applications, such as dairy and confectionery industry, owing to the rising access to probiotic products and the availability of a varied range of brands. The increasing incorporation of protein-rich and healthy breakfast to overcome certain lifestyle-related diseases is anticipated to boost the demand for amino acids and proteins in the upcoming years. Omega-3 fatty acids, vitamins, and minerals segment are projected to expand substantially within the forecast period, owing to the escalating awareness about their health benefits.

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By source, the global functional food ingredients market is segmented into natural and synthetic. The natural segment is further segmented as plant, microbial, and animal. The natural sources segment is estimated to hold a major share over the forecast time period, owing to high consumer preference for nature-based food products. By application, the functional food ingredients market is segmented into food and beverages. Food segment is further classified into bakery products, dairy products, confectionery products, meat and meat products, and infant food. Beverage segment is further classified into energy drinks, health drinks, and juices. A growing number of new entrants in the field of infant food formulation is estimated to fuel this segment over the estimated time period. The growing trend of consuming flavored and premium beverages among youngsters is estimated to increase the demand for biotic ingredients in the beverages industry in the future.

North America is currently leading the global market for functional food ingredients. Busy lifestyles and high disposable incomes are estimated to sustain the functional food ingredients market growth over the forecast time period. Consumers in the U.S. and Canada largely prefer a balanced and healthy diet to boost their immune systems. This, in turn, is estimated to positively impact the functional food ingredients market in the future.

Browse the full “Functional Food Ingredients Market By Type (Prebiotics, Probiotics, Proteins & Amino Acids, Phytochemical & Plant Extracts, Minerals, Carotenoids, Vitamins, Omega-3 Fatty Acids, and Fibers & Specialty Carbohydrates), By Source (Natural Source (Animal, Microbial, and Plant) and Synthetic Source), and By Application (Food (Bakery Products, Dairy Products, Confectionery Products, Meat & Meat Products, and Infant Food) and Beverages (Health Drinks, Juices, and Energy Drinks): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025” Report at https://www.zionmarketresearch.com/report/functional-food-ingredients-market

Europe functional food ingredients market is projected to exhibit substantial growth with the rising penetration of manufacturers producing bioactive ingredients. European consumers progressively prefer positive diet, owing to growing health issues such as overwork, stress, general sight degeneration, insomnia, depression, high/low blood pressure, restlessness, near-sightedness, and snoring. Growing concerns of consumers towards genetically altered foods is demanding for the substitute options of the vegetable protein. Moreover, the companies of soy protein in Europe are investing in innovative technologies and machines to enhance the production of soy protein concentrates, isolates, and fibers. This, in turn, is estimated to propel the growth of the functional food ingredients market during the projected period.

The Asia Pacific functional food ingredients market is projected to hold a noticeable revenue share in the future, particularly the emerging economies of China and India. Moreover, the trend of probiotic food and beverages is driving the demand for probiotics in the dairy and confectionery industry. Consumers prefer to buy beverages offering digestive benefits for children and old-age population. The key companies operating in the region are focusing on developing science-backed probiotic ingredients that provide protein utilization, better immunity, and increased digestive health benefits. This, in turn, is predicted to further enhance the functional food ingredients market over the forecast time period.

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The Latin American market for functional food ingredients is projected to record steady growth over the forecast timeframe. Rising middle-class population coupled with growing per capita income is projected to drive this regional market in the future. Additionally, easy access to probiotic supplements and the rising level of health consciousness are estimated to further drive this market. Brazil is the major country contributing toward the functional food ingredients market development in Latin America.

The Middle Eastern and African functional food ingredients market is likely to be driven by the increasing working population demanding protein-rich and healthy diet. Furthermore, huge spending on wellness and healthcare products might increase the demand for bioactive ingredients over the forecast time period. Global inhabitants increasingly prefer to settle in the UAE, which might offer great growth opportunities in the coming years, owing to their preference for healthy food that is rich in vitamins and proteins. According to the Mintel Global New Product Database, the launch of the new products with high protein content doubled between 2012 and 2018. Additionally, Penfold predicts that this trend will drive the development of the region’s food and beverage industry in the coming years.

Some major players of the global functional food ingredients market are Cargill, Archer Daniels Midland Company, Koninklijke DSM N.V., Dow Du Pont, BASF SE, Arla Foods, Royal Cosun, Ingredion Incorporated, Arla Foods, Tate & Lyle, Ajinomoto, Kerry Group, BENEO, Chr. Hansen, Kemin Industries, and Roquette Frères.

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This report segments the global functional food ingredients market into:

Global Functional Food Ingredients Market: Type Analysis

  • Probiotics
  • Proteins and Amino Acids
  • Phytochemical and Plant Extracts
  • Prebiotics
  • Fibers and Specialty Carbohydrates
  • Omega-3 Fatty Acids 
  • Carotenoids 
  • Vitamins 
  • Minerals

Global Functional Food Ingredients Market: Source Analysis

  • Natural
    • Animal
    • Microbial
    • Plant
  • Synthetic

Global Functional Food Ingredients Market: Application Analysis

  • Food
    • Dairy Products
    • Bakery Products
    • Confectionery Products
    • Meat and Meat Products 
    • Infant Food
  • Beverages
    • Energy Drinks
    • Juices
    • Health Drinks

Global Functional Food Ingredients Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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