Functional Food Ingredients Market
PUBLISHED: 2020 ID: SMRC19298
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Functional Food Ingredients Market

Functional Food Ingredients - Global Market Outlook (2019-2027)

4.6 (66 reviews)
4.6 (66 reviews)
Published: 2020 ID: SMRC19298

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Functional Food Ingredients Market is accounted for $73.41 billion in 2019 and is expected to reach $142.03 billion by 2027 growing at a CAGR of 8.6% during the forecast period. Some of the key factors propelling the market growth are increasing incidence of chronic diseases, rising health awareness among consumers, and growing demand for fortified foods. However, high cost of naturally sourced ingredients is the restraining factor for the growth of the market.

Functional food ingredients are those to be consumed as a part of the normal diet and contain biologically active compounds. These have potential to improve health and reduce the risk of diseases. Functional food ingredients are rich in minerals, vitamins, dietary fiber, antioxidants, and probiotics.

By application, the food segment is expected to grow at a significant market share during the forecast period as it is majorly sourced through natural means. On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to the increasing occurrence of cardiac diseases and obesity.

Some of the key players in Functional Food Ingredients Market include Nestlé, General Mills Inc, Archer Daniels Midland Company, Kerry Group PLC, Amway, Ingredion Incorporated, Tate & Lyle PLC, Cargill Inc, BASF SE, DSM NV, Herbalife, Arla Foods, and Standard Functional Foods Group Inc. 

Sources Covered:
• Synthetic Source
• Natural Source

Types Covered:
• Phytochemical & Plant Extracts
• Fibers & Specialty Carbohydrates
• Probiotics
• Prebiotics
• Hydrocolloids
• Proteins & Amino Acids
• Vitamins
• Essential Oils
• Carotenoids
• Minerals

Health Benefits Covered:
• Bone Health
• Clinical Nutrition
• Gut Health
• Weight Management
• Sports Nutrition
• Heart Health
• Immunity

Applications Covered:
• Food
• Beverages

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary    
      
2 Preface    
 
 2.1 Abstract    
 2.2 Stake Holders   
 2.3 Research Scope   
 2.4 Research Methodology  
  2.4.1 Data Mining  
  2.4.2 Data Analysis  
  2.4.3 Data Validation  
  2.4.4 Research Approach  
 2.5 Research Sources   
  2.5.1 Primary Research Sources 
  2.5.2 Secondary Research Sources 
  2.5.3 Assumptions  
       
3 Market Trend Analysis   
 3.1 Introduction   
 3.2 Drivers    
 3.3 Restraints    
 3.4 Opportunities   
 3.5 Threats    
 3.6 Application Analysis   
 3.7 Emerging Markets   
 3.8 Impact of Covid-19   
      
4 Porters Five Force Analysis   
 4.1 Bargaining power of suppliers  
 4.2 Bargaining power of buyers  
 4.3 Threat of substitutes   
 4.4 Threat of new entrants  
 4.5 Competitive rivalry   
      
5 Global Functional Food Ingredients Market, By Source
 5.1 Introduction   
 5.2 Synthetic Source   
 5.3 Natural Source   
  5.3.1 Plant   
  5.3.2 Animal   
  5.3.3 Microbial   
      
6 Global Functional Food Ingredients Market, By Type 
 6.1 Introduction   
 6.2 Phytochemical & Plant Extracts  
 6.3 Fibers & Specialty Carbohydrates 
 6.4 Probiotics    
 6.5 Prebiotics    
 6.6 Hydrocolloids   
 6.7 Proteins & Amino Acids  
 6.8 Vitamins    
 6.9 Essential Oils   
 6.10 Carotenoids   
 6.11 Minerals    
  6.11.1 Micro Minerals  
  6.11.2 Macro Minerals  
       
7 Global Functional Food Ingredients Market, By Health Benefit
 7.1 Introduction   
 7.2 Bone Health   
 7.3 Clinical Nutrition   
 7.4 Gut Health   
 7.5 Weight Management   
 7.6 Sports Nutrition   
 7.7 Heart Health   
 7.8 Immunity    
       
8 Global Functional Food Ingredients Market, By Application
 8.1 Introduction   
 8.2 Food    
  8.2.1 Bakery & Cereals  
  8.2.2 Snacks   
  8.2.3 Fruits & Vegetables  
  8.2.4 Soy Products  
  8.2.5 Meat & Meat Products 
  8.2.6 Fish & Eggs   
  8.2.7 Sports/Nutrition Bars 
  8.2.8 Dairy Products  
  8.2.9 Infant Food  
  8.2.10 Confectionery Products 
 8.3 Beverages   
  8.3.1 Health Drinks  
  8.3.2 Energy Drinks  
  8.3.3 Juices   
      
9 Global Functional Food Ingredients Market, By Geography
 9.1 Introduction   
 9.2 North America   
  9.2.1 US   
  9.2.2 Canada   
  9.2.3 Mexico   
 9.3 Europe    
  9.3.1 Germany   
  9.3.2 UK   
  9.3.3 Italy   
  9.3.4 France   
  9.3.5 Spain   
  9.3.6 Rest of Europe  
 9.4 Asia Pacific   
  9.4.1 Japan   
  9.4.2 China   
  9.4.3 India   
  9.4.4 Australia   
  9.4.5 New Zealand  
  9.4.6 South Korea  
  9.4.7 Rest of Asia Pacific  
 9.5 South America   
  9.5.1 Argentina   
  9.5.2 Brazil   
  9.5.3 Chile   
  9.5.4 Rest of South America 
 9.6 Middle East & Africa   
  9.6.1 Saudi Arabia  
  9.6.2 UAE   
  9.6.3 Qatar   
  9.6.4 South Africa  
  9.6.5 Rest of Middle East & Africa 
      
10 Key Developments    
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
 10.2 Acquisitions & Mergers  
 10.3 New Product Launch   
 10.4 Expansions   
 10.5 Other Key Strategies   
      
11 Company Profiling    
 11.1 Nestlé    
 11.2 General Mills Inc   
 11.3 Archer Daniels Midland Company 
 11.4 Kerry Group PLC   
 11.5 Amway    
 11.6 Ingredion Incorporated  
 11.7 Tate & Lyle PLC   
 11.8 Cargill Inc    
 11.9 BASF SE    
 11.10 DSM NV    
 11.11 Herbalife    
 11.12 Arla Foods   
 11.13 Standard Functional Foods Group Inc


List of Tables     
1 Global Functional Food Ingredients Market Outlook, By Region (2018-2027) ($MN)
2 Global Functional Food Ingredients Market Outlook, By Source (2018-2027) ($MN)
3 Global Functional Food Ingredients Market Outlook, By Synthetic Source (2018-2027) ($MN)
4 Global Functional Food Ingredients Market Outlook, By Natural Source (2018-2027) ($MN)
5 Global Functional Food Ingredients Market Outlook, By Plant (2018-2027) ($MN)
6 Global Functional Food Ingredients Market Outlook, By Animal (2018-2027) ($MN)
7 Global Functional Food Ingredients Market Outlook, By Microbial (2018-2027) ($MN)
8 Global Functional Food Ingredients Market Outlook, By Type (2018-2027) ($MN)
9 Global Functional Food Ingredients Market Outlook, By Phytochemical & Plant Extracts (2018-2027) ($MN)
10 Global Functional Food Ingredients Market Outlook, By Fibers & Specialty Carbohydrates (2018-2027) ($MN)
11 Global Functional Food Ingredients Market Outlook, By Probiotics (2018-2027) ($MN)
12 Global Functional Food Ingredients Market Outlook, By Prebiotics (2018-2027) ($MN)
13 Global Functional Food Ingredients Market Outlook, By Hydrocolloids (2018-2027) ($MN)
14 Global Functional Food Ingredients Market Outlook, By Proteins & Amino Acids (2018-2027) ($MN)
15 Global Functional Food Ingredients Market Outlook, By Vitamins (2018-2027) ($MN)
16 Global Functional Food Ingredients Market Outlook, By Essential Oils (2018-2027) ($MN)
17 Global Functional Food Ingredients Market Outlook, By Carotenoids (2018-2027) ($MN)
18 Global Functional Food Ingredients Market Outlook, By Minerals (2018-2027) ($MN)
19 Global Functional Food Ingredients Market Outlook, By Micro Minerals (2018-2027) ($MN)
20 Global Functional Food Ingredients Market Outlook, By Macro Minerals (2018-2027) ($MN)
21 Global Functional Food Ingredients Market Outlook, By Health Benefit (2018-2027) ($MN)
22 Global Functional Food Ingredients Market Outlook, By Bone Health (2018-2027) ($MN)
23 Global Functional Food Ingredients Market Outlook, By Clinical Nutrition (2018-2027) ($MN)
24 Global Functional Food Ingredients Market Outlook, By Gut Health (2018-2027) ($MN)
25 Global Functional Food Ingredients Market Outlook, By Weight Management (2018-2027) ($MN)
26 Global Functional Food Ingredients Market Outlook, By Sports Nutrition (2018-2027) ($MN)
27 Global Functional Food Ingredients Market Outlook, By Heart Health (2018-2027) ($MN)
28 Global Functional Food Ingredients Market Outlook, By Immunity (2018-2027) ($MN)
29 Global Functional Food Ingredients Market Outlook, By Application (2018-2027) ($MN)
30 Global Functional Food Ingredients Market Outlook, By Food (2018-2027) ($MN)
31 Global Functional Food Ingredients Market Outlook, By Bakery & Cereals (2018-2027) ($MN)
32 Global Functional Food Ingredients Market Outlook, By Snacks (2018-2027) ($MN)
33 Global Functional Food Ingredients Market Outlook, By Fruits & Vegetables (2018-2027) ($MN)
34 Global Functional Food Ingredients Market Outlook, By Soy Products (2018-2027) ($MN)
35 Global Functional Food Ingredients Market Outlook, By Meat & Meat Products (2018-2027) ($MN)
36 Global Functional Food Ingredients Market Outlook, By Fish & Eggs (2018-2027) ($MN)
37 Global Functional Food Ingredients Market Outlook, By Sports/Nutrition Bars (2018-2027) ($MN)
38 Global Functional Food Ingredients Market Outlook, By Dairy Products (2018-2027) ($MN)
39 Global Functional Food Ingredients Market Outlook, By Infant Food (2018-2027) ($MN)
40 Global Functional Food Ingredients Market Outlook, By Confectionery Products (2018-2027) ($MN)
41 Global Functional Food Ingredients Market Outlook, By Beverages (2018-2027) ($MN)
42 Global Functional Food Ingredients Market Outlook, By Health Drinks (2018-2027) ($MN)
43 Global Functional Food Ingredients Market Outlook, By Energy Drinks (2018-2027) ($MN)
44 Global Functional Food Ingredients Market Outlook, By Juices (2018-2027) ($MN)
      
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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