Dublin, April 08, 2020 (GLOBE NEWSWIRE) -- The "Asia Pacific Functional Food Market, By Source, By Ingredient, By Application, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
The Asia Pacific Functional Food Market is projected to increase from $ 51 billion in 2019 to $ 71 billion in 2025 on account of rising number of product innovations by the major players, increasing disposable income, growing risk of various chronic diseases and better product availability through multiple channels. Functional foods are the foods that provide functional health benefits beyond their basic nutritional benefits. Ingredients used in functional food include Carotenoids, Dietary Fibers, Fatty Acids, Minerals, Prebiotics & Probiotics, Vitamins and Others. Functional food is often used for Sports Nutrition, Weight Management, Immunity, Digestive Health, Clinical Nutrition, Cardio Health and other activities.
The Asia Pacific Functional Food Market is segmented based on Source, Ingredient, Application, Distribution Channel and Country. Based on the distribution channel, the market is bifurcated into Store-based and Non-store based. Until 2019, the store distribution channel segment dominated the Asia Pacific Functional Food Market and the trend is anticipated to continue over the next five years.
Major players operating in the Asia Pacific Functional Food Market include Nestle, PepsiCo Inc, Yakult Honsha Co Ltd, BASF SE, MEIJI Holdings Co Ltd, The Coca-Cola Company, GlaxoSmithKline Company, General Mills, Inc, Kellogg Company and Agro Tech Foods Ltd and others. Major companies are launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Objective of the Study:
- To analyze and forecast the market size of the Asia Pacific Functional Food Market.
- To classify and forecast the Asia Pacific Functional Food Market based on the product, end-user, distribution channel, company and regional distribution.
- To identify drivers and challenges for the Asia Pacific Functional Food Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Asia Pacific Functional Food Market.
- To conduct a pricing analysis for the Asia Pacific Functional Food Market.
- To identify and analyze the profile of leading players operating in the Asia Pacific Functional Food Market.
The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of functional food manufacturers operating across APAC. Subsequently, the author conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, researchers could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Researchers calculated the market size of the Asia Pacific Functional Food Market by using a bottom-up approach, wherein data for various end-user segments were recorded and forecast for the future years. researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Functional food manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policymakers
- Organizations, forums and alliances related to functional food
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Asia Pacific Functional Foods Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Source (Plants & Animal)
5.2.2. By Ingredient (Prebiotics & Probiotics, Dietary Fibres, Minerals, Fatty Acids (Omega-3 fatty acids), Carotenoids, Vitamins, Others (Amino Acids, speciality carbohydrates, phytochemicals, hydrocolloid, Essential Oils, Soy Protein etc.))
5.2.3. By Application (Cardio Health, Immunity, Digestive Health, Sports Nutrition, Weight Management, Clinical Nutrition Others (Every wellness, Liver Health Supplements etc))
5.2.4. By Distribution Channel (Store-Based v/s Non-Store-Based)
5.2.5. By Company
5.2.6. By Country
5.3. Product Market Map
6. Japan Functional Foods Market Outlook
6.1.1. Market Size & Forecast
6.1.1.1. By Value
6.1.2. Market Share & Forecast
6.1.2.1. By Ingredient
6.1.2.2. By Distribution Channel
7. China Functional Foods Market Outlook
7.1.1. Market Size & Forecast
7.1.1.1. By Value
7.1.2. Market Share & Forecast
7.1.2.1. By Ingredient
7.1.2.2. By Distribution Channel
8. Australia Functional Foods Market Outlook- Oceania
8.1.1. Market Size & Forecast
8.1.1.1. By Value
8.1.2. Market Share & Forecast
8.1.2.1. By Distribution Channel
8.1.2.2. By Ingredient
9. Taiwan Functional Foods Market Outlook- East Asia
9.1.1. Market Size & Forecast
9.1.1.1. By Value
9.1.2. Market Share & Forecast
9.1.2.1. By Ingredient
9.1.2.2. By Distribution Channel
10. Thailand Functional Foods Market Outlook- South East Asia
10.1.1. Market Size & Forecast
10.1.1.1. By Value
10.1.2. Market Share & Forecast
10.1.2.1. By Ingredient
10.1.2.2. By Distribution Channel
11. India Functional Foods Market Outlook
11.1.1. Market Size & Forecast
11.1.1.1. By Value
11.1.2. Market Share & Forecast
11.1.2.1. By Ingredient
11.1.2.2. By Distribution Channel
12. Indonesia Functional Foods Market Outlook- South East Asia
12.1.1. Market Size & Forecast
12.1.1.1. By Value
12.1.2. Market Share & Forecast
12.1.2.1. By Ingredient
12.1.2.2. By Distribution Channel
13. South Korea Functional Foods Market Outlook- East Asia
13.1.1. Market Size & Forecast
13.1.1.1. By Value
13.1.2. Market Share & Forecast
13.1.2.1. By Ingredient
13.1.2.2. By Distribution Channel
14. Singapore Functional Foods Market Outlook- South East Asia
14.1.1. Market Size & Forecast
14.1.1.1. By Value
14.1.2. Market Share & Forecast
14.1.2.1. By Ingredient
14.1.2.2. By Distribution Channel
15. Malaysia Functional Foods Market Outlook- South East Asia
15.1.1. Market Size & Forecast
15.1.1.1. By Value
15.1.2. Market Share & Forecast
15.1.2.1. By Ingredient
15.1.2.2. By Distribution Channel
16. Market Dynamics
16.1. Drivers
16.2. Challenges
17. Market Trends & Developments
18. Competitive Landscape (Partial List of Leading Companies)
18.1. MEIJI Holdings Co Ltd
18.2. Nestle
18.3. Yakult Honsha Co Ltd
18.4. The Coca-Cola Company
18.5. BASF SE
18.6. Kellogg Company
18.7. GlaxoSmithKline Company
18.8. PepsiCo Inc.
18.9. General Mills, Inc.
18.10. Agro Tech Foods Ltd
19. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/chpiv
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