Functional Food Ingredient Market Analysis, Evolving Opportunities Studied For The Period

Global Functional Food Ingredient Market to reach USD 108.7 billion by 2025.Global Functional Food Ingredient Market valued approximately USD 65.1 billion in 2017 is anticipated to grow with a healthy growth rate of more than 6.62% over the forecast period 2018-2025. The major driving factor of global functional food ingredient market are increasing number of chronic cases, growing disposable income of the individuals and rising health awareness among consumers. In addition, changing modern lifestyle and dietary pattern is another major driving factor, which is estimated to accelerate the growth of the market in the near future. The major restraining factor of global function food ingredient market are vulnerability to seasonal changes, ingredients of functional food ingredients are expensive and government stringent rules and regulation for food & safety.

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Rising need to consume healthy foods and follow a healthy lifestyle on account of the increasing concern for health diseases amongst individuals worldwide and the increasing geriatric population are anticipated to drive the growth of the market during the forecast period. By the end of 2050, the world’s population aged 60 years and above is anticipated to reach 2 billion, states the World Health Organization (WHO), in one of its statistics. Additionally, several manufacturers are increasingly showing interest for manufacturing healthy beverages, which is also anticipated to drive the growth of the market in the coming years.

Moreover, food safety concerns is also the major restrain that causing hindrance in the market of functional food ingredients. The major opportunity is Development of different techniques to create high-value natural carotenoids. The functional food ingredient are the ingredients used in preparation of functional food. The ingredients that are added in this functional food prevent disease, increase immunity and promote the health and fitness.

The regional analysis of Global Functional Food Ingredient Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America has accounted the leading share of total generating revenue in 2018 across the globe due to increase in consumer demand for healthy convenience food. Europe is also contributing major share in the global market of functional food ingredient. Asia-Pacific region is also anticipated to exhibit higher growth rate / CAGR over the over the coming years due to China, India and Brazil are also witnessing significant growth. In addition to this, the rising disposable income of consumers and the increasing working class populations are some of the other key factors, which are predicted to accelerate the growth of Asia Pacific and Latin America throughout the forecast period 2018-2025.

The major market player included in this report are:
*Cargill Incorporated
*Tate & Lyle PLC
*Arla Food
*Kerry Group PLC
*Ingredion Incorporated
*Archer Daniels Midland Company
*Standard Functional Food Group Inc.
*General Mills Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Ingredient Type:
*Proteins and Amino Acids
*Prebiotics and Dietary Fibre
*Omega3 & 6 Fatty Acid
*Essential Oils

By Health Benefit:
*Bone Health
*Heart Health

By Application:
*Baby Food
*Sport/Nutrition Bars
*Dairy Alternatives
*Meat Alternatives
*Convenience Beverage

By Regions:
*North America
o U.S.
o Canada
o UK
o Germany
*Asia Pacific
o China
o India
o Japan
*Latin America
o Brazil
o Mexico
*Rest of the World

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Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Target Audience of the Global Functional Food Ingredient Market in Market Study:

*Key Consulting Companies & Advisors
*Large, medium-sized, and small enterprises
*Venture capitalists
*Value-Added Resellers (VARs)
*Third-party knowledge providers
*Investment bankers

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Eli is a freelance writer and possess double graduation degree in physics and chemistry. She is an intense writer covering everything for Science and Tech to Business, Entertainment, Sports and Lifestyle.

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