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Introduction:The global functional food ingredients market is expected to be primarily driven by factors such as increasing cases of chronic diseases, growing health awareness among consumers and rise in demand for fortified food & beverage products. However, the growth in global functional food ingredients market is likely to be hampered by factors such as food safety concerns & regulations vulnerability to seasonal changes.
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The functional food ingredients market is segmented on the basis of type, application, health benefits and region.The segmentation on the basis of type covers vitamins , proteins and amino acids , minerals , prebiotics and dietary fiber, carotenoids , omega 3 and 6 fatty acids , essential oils soy protein others .On the basis of application the market is segmented as nutrition bone health heart health weight management gut health cancer immunity and others .
Segments covered:
Furthermore, on the basis of health benefits the functional food ingredients market is segmented as nutrition, bone health, heart health, weight management, gut health, cancer, immunity and others. Global functional food ingredients market is expected to grow at a CAGR between 5.5% and 6.0% over the forecast period from 2016 to 2022. The growing number of people shifting from traditional convenience foods to nutritive convenience foods and several other functional foods is providing a strong foundation for players in this market. The global functional food ingredients market is expected to be primarily driven by factors such as increasing cases of chronic diseases, growing health awareness among consumers and rise in demand for fortified food & beverage products. However, the growth in global functional food ingredients market is likely to be hampered by factors such as food safety concerns & regulations vulnerability to seasonal changes. The market has been forecast based on constant currency rates. Prices of functional food ingredients vary in each region and are a result of the demand-supply scenario in the region.
Geographic Coverage and Analysis:
Among the geographies North America is expected to be the largest market for functional food ingredients market over the forecast period from 2016 to 2022. Furthermore, among the application, nutrition segment is expected to grow at the highest CAGR over the forecast period from 2016 to 2022. The report provides the size of the functional food ingredients market in 2016 and the forecast for the next nine years up to 2022.
The companies covered in the Global Functional Food Ingredients Market report:
• Archer Daniels Midland Company
• Cargill Incorporated
• Archer Daniels Midland Company
• Associated British Foods PLC
• I. Du Pont De Nemours and Company
• Kerry Group PLC
• Koninklijke Dsm N.V.
• BASF SE,Ingredion Incorporated
• Arla Foods .
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