Learn about the global functional foods market through The Business Research Company, which provides information on functional foods market size, functional foods market drivers and restraints, functional foods market players, the COVID-19 impact on the functional foods market, and more.

The global functional food market size is expected to grow from $180.58 billion in 2021 to $191.68 billion in 2022 at a compound annual growth rate (CAGR) of 6.1%. The functional foods market is expected to grow to $243.83 billion in 2026 at a CAGR of 6.2%.

The increasing number of diseases is shifting consumer’s focus on healthy eating, which in turn, is projected to boost the demand for functional foods.

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The functional food market consists of sales of functional food and related services. Functional food is highly nutritious and is associated with many health benefits. The benefits include prevention against nutrition deficiencies, protection against diseases, improved cholesterol levels, lower blood pressure, and promote proper growth & development.

Global functional foods market segments include:

By Product Type: Bakery and Cereals, Dairy Products, Meat, Fish and Eggs, Soy Products, Fats and Oils, Others

By Ingredients: Carotenoids, Dietary Fibres, Fatty Acids, Minerals, Prebiotics and Probiotics, Vitamins, Others

By Application: Sports Nutrition, Weight Management, Immunity, Digestive Health, Clinical Nutrition, Cardio Health, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the functional food market in 2021.

Key players dealing in the functional food market are increasingly focusing on new product developments and company expansion in order to meet the rising demand from the consumers.

TBRC’s functional foods market report covers:

Major Market Players: Unilever, BNL Food Group, Dean Foods, The Coca-Cola Company, Arla Foods, Abbott Laboratories, PepsiCo Inc., Kraft Foods Inc., and Nestle.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Functional Foods Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides functional foods market overviews, analyzes and forecasts market size, share, functional foods market players, functional foods market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s functional foods market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Sports Nutrition Global Market Report 2022

Vitamin and Minerals Global Market Report 2022

Dairy Food Global Market Report 2022

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