Functional Food Ingredients Market To Reach A Value Of ~US$ 19.6 Bn By 2029

0
648

According to a new study by TMR, the sales of functional food ingredients are expected to exceed 1,900 thousand tons in 2019, and record a Y-o-Y growth of ~ 6% in 2020. Growth of the functional food ingredients market remains driven by a slew of factors, which range from the rising demand for clean label products and changing regulations in the food and beverage industry, to the growing awareness among consumers.

functional food ingredients market share

Functional food ingredients are available in various ingredient types such as vitamins, minerals, prebiotic & dietary fiber, probiotics, carotenoids, proteins, and omega-3 fatty acids. Manufacturers of functional food ingredients are customizing these for use in certain specific applications. Manufacturers of functional food ingredients are also providing certifications for certain claims, such as organic, non-GMO, Kosher, Halal, and many more.

Get Free PDF Brochure of the Report @https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10751

These functional food ingredients are used in certain applications in the food and beverage industry. In the food industry, functional food ingredients are in high demand in dairy, bakery, and confectionery products. Prebiotic ingredients are mainly used in dairy products, and this is very popular in the Asia Pacific region especially in countries such as China, Japan, India, etc.

Escalated Demand for Healthy Beverages Driving Functional Food Ingredient Sales

Increasing demand for healthy beverages across the globe is expected to create opportunities for players in the global functional food ingredients market. Rising health conscious consumers have increased the demand for nutritional bars and beverages, thus increasing the sales of functional food ingredients. Players operating in the functional food ingredients market are expected to leverage this opportunity during the forecast period.

Due to European diets being high in fiber content, the perceived need for dietary fiber as a functional food ingredient is low. However, other types of functional food ingredients such as proteins, prebiotics, omega-3 fatty acids, etc., are high in demand. Products targeting specific ailments are expected to increase in terms of new product launches. Some key players have already put forward their products into specific wellness segments, such as diabetes-friendly, digestion enhancement, cognitive enhancement, and others. This has also increased the demand of functional food ingredients.

Make an Enquiry before Buying –https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=10751

Market Gaining Traction with Snackification Trend

The consumption of protein-rich foods is trending among consumers. At the same time, health conscious consumers have reduced the consumption of products that are high in carbs and sweeteners, and food that has high fat content. Thus, high fiber and high protein food consumption has increased, thereby increasing the demand of functional food ingredients from the food industry.

The snackification trend is increasing, and the consumption of healthy products is increasing too. This has seen heightened product launches in the market, and food product manufacturers switching to functional food ingredients rather than economical products that are not good for health. Functional food ingredients are available in specific ingredient types and in mixes. The protein trend is commonly being observed in developed regions such as North America, Europe, and Japan. This is increasing the demand for functional food ingredients in these regions.

Functional Food Ingredients Market: Competitive Landscape

Some of the key players in the global functional food ingredients market are The Archer Daniels Midland Company, BASF SE, Cargill, Inc., E. I. Du Pont De Nemours and Company, Kerry Group Plc, Corbion N.V., Tate & Lyle Plc, AkzoNobel N.V., Koninklijke DSM N.V., Ingredion Inc., Fenchem Biotek Ltd., Jungbunzlauer Suisse AG, Dairy Crest Group Plc, etc.

Explore Related Reports :

Vegan Chocolate Market-https://www.transparencymarketresearch.com/vegan-chocolate-market.html

Basil Essential Oil Market-https://www.transparencymarketresearch.com/basil-essential-oil-market.html

Tuberose Extract Market-https://www.transparencymarketresearch.com/tuberose-extract-market.html

Instant Soup Market-https://www.transparencymarketresearch.com/latin-america-instant-soup-market.html

Wheat Starch Market-   https://www.transparencymarketresearch.com/europe-wheat-starch-market.html

About Us Section:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

Contact

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

Поиск
Категории
Больше
Party
Any Talent together with Program for Boxing Betting A good Knockout Instruction that will Shrewd Wagers
  Worldwide for sporting events gambling on, boxing secures an incomparable attraction. Any...
От Musharraf Khan 2023-10-29 12:43:40 0 552
Другое
Online Business training in Chandigarh
Online Business training in Chandigarh The Role of Content Marketing in Online Business Growth...
От Asmee Rana 2024-08-16 11:08:00 0 83
Другое
Discover the Latest Vlone T-Shirts
Vlone T-shirts have taken the fashion world by storm. They are the epitome of streetwear,...
От Vlones Us121 2024-07-19 15:34:42 0 167
Другое
Future Growth Facial Wipes Market Size Industry Research Report to (2020-2030).
Facial Wipes Market Analysis  The Facial wipes market was valued at USD 2277.1 million in...
От Ajay More 2022-06-17 08:20:10 0 673
Shopping
Different Sorts of Eco-Friendly Baggage
Eco-friendly baggage have grown to be a dominant function in the marketing products and solutions...
От Lky Lky 2023-04-03 03:43:58 0 625