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Synopsis
Functional food is a food given an additional function (often one related to health-promotion or disease prevention) by adding new ingredients or more of existing ingredients.The term may also apply to traits purposely bred into existing edible plants, such as purple or gold potatoes having enriched anthocyanin or carotenoid contents, respectively.Functional food industry, consisting of food, beverage and supplement sectors, is one of the several areas of the food industry that is experiencing fast growth in recent years.
The global Functional Food market was valued at US$ 142760 million in 2023 and is anticipated to reach US$ 194680 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
North American market for Functional Food is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Functional Food is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Functional Food include Abbott Laboratories, Archer Daniels Midland, Arla, BASF, Danone, Dean Foods, General Mills, Kellogg and Nestle, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Functional Food, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Functional Food.
Report Scope
The Functional Food market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Functional Food market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Functional Food manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company (Partial List)
- Abbott Laboratories
- Archer Daniels Midland
- Arla
- BASF
- Danone
- Dean Foods
- General Mills
- Kellogg
- Nestle
- PepsiCo
Segment by Type
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotic
- Vitamins
- Others
Segment by Application
- Bakery & Cereals
- Dairy Products
- Meat, Fish & Eggs
- Soy Products
- Fats & Oils
- Others
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Functional Food manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Functional Food in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index
1 Functional Food Market Overview
1.1 Product Overview and Scope of Functional Food
1.2 Functional Food Segment by Type
1.2.1 Global Functional Food Market Value Comparison by Type (2024-2030)
1.2.2 Carotenoids
1.2.3 Dietary Fibers
1.2.4 Fatty Acids
1.2.5 Minerals
1.2.6 Prebiotics & Probiotic
1.2.7 Vitamins
1.2.8 Others
1.3 Functional Food Segment by Application
1.3.1 Global Functional Food Market Value by Application: (2024-2030)
1.3.2 Bakery & Cereals
1.3.3 Dairy Products
1.3.4 Meat, Fish & Eggs
1.3.5 Soy Products
1.3.6 Fats & Oils
1.3.7 Others
1.4 Global Functional Food Market Size Estimates and Forecasts
1.4.1 Global Functional Food Revenue 2019-2030
1.4.2 Global Functional Food Sales 2019-2030
1.4.3 Global Functional Food Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Functional Food Market Competition by Manufacturers
2.1 Global Functional Food Sales Market Share by Manufacturers (2019-2024)
2.2 Global Functional Food Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Functional Food Average Price by Manufacturers (2019-2024)
2.4 Global Functional Food Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Functional Food, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Functional Food, Product Type & Application
2.7 Functional Food Market Competitive Situation and Trends
2.7.1 Functional Food Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Functional Food Players Market Share by Revenue
2.7.3 Global Functional Food Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Functional Food Retrospective Market Scenario by Region
3.1 Global Functional Food Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Functional Food Global Functional Food Sales by Region: 2019-2030
3.2.1 Global Functional Food Sales by Region: 2019-2024
3.2.2 Global Functional Food Sales by Region: 2025-2030
3.3 Global Functional Food Global Functional Food Revenue by Region: 2019-2030
3.3.1 Global Functional Food Revenue by Region: 2019-2024
3.3.2 Global Functional Food Revenue by Region: 2025-2030
3.4 North America Functional Food Market Facts & Figures by Country
3.4.1 North America Functional Food Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Functional Food Sales by Country (2019-2030)
3.4.3 North America Functional Food Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Functional Food Market Facts & Figures by Country
3.5.1 Europe Functional Food Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Functional Food Sales by Country (2019-2030)
3.5.3 Europe Functional Food Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Functional Food Market Facts & Figures by Country
3.6.1 Asia Pacific Functional Food Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Functional Food Sales by Country (2019-2030)
3.6.3 Asia Pacific Functional Food Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Functional Food Market Facts & Figures by Country
3.7.1 Latin America Functional Food Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Functional Food Sales by Country (2019-2030)
3.7.3 Latin America Functional Food Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Functional Food Market Facts & Figures by Country
3.8.1 Middle East and Africa Functional Food Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Functional Food Sales by Country (2019-2030)
3.8.3 Middle East and Africa Functional Food Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Functional Food Sales by Type (2019-2030)
4.1.1 Global Functional Food Sales by Type (2019-2024)
4.1.2 Global Functional Food Sales by Type (2025-2030)
4.1.3 Global Functional Food Sales Market Share by Type (2019-2030)
4.2 Global Functional Food Revenue by Type (2019-2030)
4.2.1 Global Functional Food Revenue by Type (2019-2024)
4.2.2 Global Functional Food Revenue by Type (2025-2030)
4.2.3 Global Functional Food Revenue Market Share by Type (2019-2030)
4.3 Global Functional Food Price by Type (2019-2030)
5 Segment by Application
5.1 Global Functional Food Sales by Application (2019-2030)
5.1.1 Global Functional Food Sales by Application (2019-2024)
5.1.2 Global Functional Food Sales by Application (2025-2030)
5.1.3 Global Functional Food Sales Market Share by Application (2019-2030)
5.2 Global Functional Food Revenue by Application (2019-2030)
5.2.1 Global Functional Food Revenue by Application (2019-2024)
5.2.2 Global Functional Food Revenue by Application (2025-2030)
5.2.3 Global Functional Food Revenue Market Share by Application (2019-2030)
5.3 Global Functional Food Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Abbott Laboratories
6.1.1 Abbott Laboratories Corporation Information
6.1.2 Abbott Laboratories Description and Business Overview
6.1.3 Abbott Laboratories Functional Food Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Abbott Laboratories Functional Food Product Portfolio
6.1.5 Abbott Laboratories Recent Developments/Updates
6.2 Archer Daniels Midland
6.2.1 Archer Daniels Midland Corporation Information
6.2.2 Archer Daniels Midland Description and Business Overview
6.2.3 Archer Daniels Midland Functional Food Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Archer Daniels Midland Functional Food Product Portfolio
6.2.5 Archer Daniels Midland Recent Developments/Updates
6.3 Arla
6.3.1 Arla Corporation Information
6.3.2 Arla Description and Business Overview
6.3.3 Arla Functional Food Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Arla Functional Food Product Portfolio
6.3.5 Arla Recent Developments/Updates
6.4 BASF
6.4.1 BASF Corporation Information
6.4.2 BASF Description and Business Overview
6.4.3 BASF Functional Food Sales, Revenue and Gross Margin (2019-2024)
6.4.4 BASF Functional Food Product Portfolio
6.4.5 BASF Recent Developments/Updates
6.5 Danone
6.5.1 Danone Corporation Information
6.5.2 Danone Description and Business Overview
6.5.3 Danone Functional Food Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Danone Functional Food Product Portfolio
6.5.5 Danone Recent Developments/Updates
6.6 Dean Foods
6.6.1 Dean Foods Corporation Information
6.6.2 Dean Foods Description and Business Overview
6.6.3 Dean Foods Functional Food Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Dean Foods Functional Food Product Portfolio
6.6.5 Dean Foods Recent Developments/Updates
6.7 General Mills
6.6.1 General Mills Corporation Information
6.6.2 General Mills Description and Business Overview
6.6.3 General Mills Functional Food Sales, Revenue and Gross Margin (2019-2024)
6.4.4 General Mills Functional Food Product Portfolio
6.7.5 General Mills Recent Developments/Updates
6.8 Kellogg
6.8.1 Kellogg Corporation Information
6.8.2 Kellogg Description and Business Overview
6.8.3 Kellogg Functional Food Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Kellogg Functional Food Product Portfolio
6.8.5 Kellogg Recent Developments/Updates
6.9 Nestle
6.9.1 Nestle Corporation Information
6.9.2 Nestle Description and Business Overview
6.9.3 Nestle Functional Food Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Nestle Functional Food Product Portfolio
6.9.5 Nestle Recent Developments/Updates
6.10 PepsiCo
6.10.1 PepsiCo Corporation Information
6.10.2 PepsiCo Description and Business Overview
6.10.3 PepsiCo Functional Food Sales, Revenue and Gross Margin (2019-2024)
6.10.4 PepsiCo Functional Food Product Portfolio
6.10.5 PepsiCo Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Functional Food Industry Chain Analysis
7.2 Functional Food Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Functional Food Production Mode & Process
7.4 Functional Food Sales and Marketing
7.4.1 Functional Food Sales Channels
7.4.2 Functional Food Distributors
7.5 Functional Food Customers
8 Functional Food Market Dynamics
8.1 Functional Food Industry Trends
8.2 Functional Food Market Drivers
8.3 Functional Food Market Challenges
8.4 Functional Food Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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