出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年4月
Functional Food Ingredients Market – Global Forecast to 2029
機能性食品成分市場 : タイプ (プロバイオティクス、タンパク質とアミノ酸、フィトケミカルと植物エキス、プレバイオティクス、オメガ 3 脂肪酸、カロテノイド、ビタミン)、用途、原料、形態、健康効果、地域別 – 2029年までの世界予測
Functional Food Ingredients Market by Type (Probiotics, Protein & Amino Acids, Phytochemicals & Plant Extracts, Prebiotics, Omega-3 Fatty Acids, Carotenoids, Vitamins), Application, Source, Form, Health Benefits and Region – Global Forecast to 2029
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| 図表数 | 555 |
| 価格 | |
| シングルユーザライセンス | USD 4,950 |
| マルチユーザライセンス（5名） | USD 6,650 |
| コーポレートライセンス | USD 8,150 |
| エンタープライズサイトライセンス | USD 10,000 |
| 種別 | 英文調査報告書 |
世界の機能性食品成分市場は2024年中に1,192 億米ドル規模となり、2029 年までにCAGR6.8%で成長し、1,658 億米ドルに達すると予測されています。
MarketsandMarkets（マーケッツアンドマーケッツ）「機能性食品成分市場 : タイプ (プロバイオティクス、タンパク質とアミノ酸、フィトケミカルと植物エキス、プレバイオティクス、オメガ 3 脂肪酸、カロテノイド、ビタミン)、用途、原料、形態、健康効果、地域別 – 2029年までの世界予測 – Functional Food Ingredients Market by Type (Probiotics, Protein & Amino Acids, Phytochemicals & Plant Extracts, Prebiotics, Omega-3 Fatty Acids, Carotenoids, Vitamins), Application, Source, Form, Health Benefits and Region – Global Forecast to 2029」は世界の機能性食品成分市場を調査し、主要セグメント毎の分析・予測結果を提供します。
主な調査対象セグメント
- 技術（定性分析）
- 消化器の健康
- 免疫サポート
- エネルギー＆代謝
- 心臓の健康
- 骨＆関節の健康
- 体重管理
- その他
- タイプ
- プロバイオティクス
- タンパク質＆アミノ酸
- フィトケミカル（植物性化学物質）と植物エキス
- プレバイオティクス
- 繊維＆特殊炭水化物
- オメガ脂肪酸
- カロチノイド
- ビタミン
- ミネラル
- マクロミネラル
- マイクロミネラル
- 形態
- 粉末
- 液体
- カプセル＆タブレット
- その他
- 原料
- 天然機能性食品成分
- 植物ベース原料
- 動物ベース原料
- ミネラル原料
- 微生物および発酵原料
- 乳製品由来原料
- 人工機能性食品成分
- 人工ビタミン＆ミネラル
- 機能性脂質
- フィトケミカル（植物性化学物質）
- アミノ酸
- その他
- ハイブリッドあるいは混合原料
- 強化成分
- 生合成
- 天然機能性食品成分
- 用途
- 食品
- 飲料
- 栄養補助食品
- 地域
- 北米
- 欧州
- アジア太平洋地域
- 南米
- その他の地域（RoW）
Report Overview
The global functional food ingredients market is estimated to be valued at USD 119.2 billion in 2024 and is projected to reach USD 165.8 billion by 2029, at a CAGR of 6.8%.
The global demand for functional food ingredients has surged significantly in the post-pandemic era, driven by heightened awareness of health and wellness among consumers worldwide. For instance, the World Economic Forum highlights a shift where 62% of Americans believe their health is more important than before the pandemic, with a growing openness to adopting healthier lifestyles. [Source: World Economic Forum, “6 trends that define the future of health and wellness”].
Moreover, a 2022 scientific review published by the National Institutes of Health in the journal “Nutrition, Immunity, and COVID-19” found a significant rise in search engine queries related to immunity-boosting foods and supplements during and post-pandemic. Thus, the pandemic underscored the critical importance of immunity and overall well-being, prompting individuals to prioritize their health like never before. This shift in mindset has led to a significant willingness to invest in premium functional and fortified food and beverages known for their immune-boosting properties.
Moreover, consumers have become increasingly cognizant of the inadequacy of their daily diets in providing essential nutrients. This awareness has fueled a growing demand for functional food ingredients that offer targeted health benefits, such as vitamins, minerals, and antioxidants. As a result, there is a heightened interest in products fortified with these ingredients to fill nutritional gaps effectively.
Furthermore, the growing interest in preventive healthcare has fueled the demand for functional foods that not only satisfy hunger but also deliver added health benefits. Manufacturers are responding to this demand by innovating and introducing a wide array of functional food and beverages fortified with functional food ingredients tailored to meet diverse consumer needs. For instance, in May 2023, health and wellness brand VUUM (US), launched its flagship protein beverage, blending plant protein, guarana seed, and green tea extract for a clean, energizing drink. With 10g of protein per 12-oz can, it meets consumer demand for convenient, functional beverages while driving interest in natural, functional food ingredients.
“During the forecast period, the natural functional food ingredients within the source segment are estimated to dominate the functional food ingredients market.”
Natural functional food ingredients, sourced from diverse origins such as plant-based, animal-based, mineral, microbial, fermentation, and dairy-derived ingredients, are poised to dominate the functional food ingredients market. Consumer preference for natural ingredients continues to surge, driven by a growing awareness of health and wellness. Natural sources are perceived as safer and healthier alternatives to synthetic counterparts, aligning with the transparent sourcing and the clean label trend. With consumers increasingly scrutinizing ingredient lists, manufacturers are compelled to utilize natural sources to meet demand and maintain market competitiveness.
Natural functional food ingredients offer inherent nutritional benefits. Plant-based sources, for instance, provide essential vitamins, minerals, and fiber, contributing to overall health and well-being. Similarly, dairy-derived ingredients boast high protein content and other micronutrients, appealing to health-conscious consumers. Moreover, natural sources often undergo minimal processing, preserving their nutritional integrity. This authenticity resonates with consumers seeking wholesome, minimally processed foods. In contrast, synthetic functional food ingredients may raise concerns regarding safety and long-term health implications, deterring some consumers. Furthermore, the versatility of natural sources allows for innovation and formulation flexibility, catering to diverse dietary preferences and functional needs. Hybrid or blended sources, while offering certain advantages, may lack the perceived purity and authenticity associated with natural ingredients.
“Prevalence of chronic diseases and presence of key industry players have positioned the US in North America region as the dominant market in the functional food ingredients market.”
The US boasts a robust economy with a high level of consumer spending, providing ample opportunity for the growth of functional food products. Additionally, the presence of major players in the functional food ingredients market such as Cargill, Incorporated (US), ADM (US), International Flavors & Fragrances Inc. (US), and Ingredion (US) further strengthens the US position. These companies have extensive resources, research capabilities, and distribution networks, allowing them to innovate and introduce new products efficiently. For instance, in August 2022, International Flavors & Fragrances Inc. (US) launched its newest initiative, the Nourish Innovation Lab, located within the company’s Union Beach, New Jersey research and development (R&D) center. This facility functions as a vibrant center where scientists, flavorists, and designers collaborate alongside modern technologies, such as food harness tools, and deep ingredient expertise, providing customers with holistic product design solutions.
Moreover, the prevalence of chronic diseases in the US, as highlighted by the Centers for Disease Control, underscores the growing consumer demand for functional foods that offer additional health benefits. With six in ten Americans living with at least one chronic disease, there is an increased awareness of the importance of diet and nutrition in managing health conditions. This has led to an increased interest in functional food ingredients that address specific health concerns such as heart health, weight management, and digestive wellness.
Unlike other North American countries such as Canada and Mexico, the US market benefits from its sheer size and diversity, offering a larger consumer base and greater opportunities for product innovation and market penetration. Additionally, the US regulatory environment is conducive to the development and marketing of functional food ingredients, providing companies with a supportive framework for product development and commercialization.
The break-up of the profile of primary participants in the functional food ingredients market:
- By Company Type: Tier 1 – 25%, Tier 2 – 45%, and Tier 3 – 30%
- By Designation: CXO’s – 20%, Managers – 50%, Executives- 30%
- By Region: North America – 20%, Europe – 30%, Asia Pacific – 45%, and Rest of the World –5%
Prominent companies include Cargill, Incorporated (US), BASF SE (Germany), ADM (US), International Flavors & Fragrances Inc. (US), Arla Foods amba (Denmark), Kerry Group plc (Ireland), Ajinomoto Co., Inc. (Japan), DSM (Netherlands), Ingredion (US), and Tate & Lyle (UK) among others.
Research Coverage:
This research report categorizes the functional food ingredients market by applications (food, beverages, and nutraceuticals and dietary supplements), type (probiotics, protein & amino acids, phytochemicals & plant extracts, prebiotics, fibers & specialty carbohydrates, omega-3 fatty acids, carotenoids, vitamins, and minerals), source (natural functional food ingredients, synthetic functional food ingredients, and hybrid or blended sources), form (powders, liquids, capsules & tablets, and others ( gel, pastes, and emulsion)), health benefits (qualitative), and Region (North America, Europe, Asia Pacific, South America, and Rest of the World).
The report covers information about the key factors, such as drivers, restraints, opportunities, and challenges impacting the growth of the functional food ingredients market. It also provides a detailed analysis of the major players in the market including their business overview, products offered; key strategies; partnerships, new product launches, expansions, and acquisitions. Competitive benchmarking of upcoming startups in the functional food ingredients market is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall functional food ingredients market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Rise in incidences of chronic diseases), restraints (Higher cost for functional food products due to the inclusion of healthier or naturally sourced ingredients), opportunities (Adoption of new technologies in the functional food industry), and challenges (Complexities related to the integration and adulteration of functional food products) influencing the growth of the functional food ingredients market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the functional food ingredients market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the functional food ingredients market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the functional food ingredients market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Cargill, Incorporated (US), BASF SE (Germany), ADM (US), International Flavors & Fragrances Inc. (US), Arla Foods amba (Denmark), Kerry Group plc (Ireland), Ajinomoto Co., Inc. (Japan), DSM (Netherlands), Ingredion (US), and Tate & Lyle (UK) among others in the functional food ingredients market strategies. The report also helps stakeholders understand the functional food ingredients market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 56
1.1 STUDY OBJECTIVES 56
1.2 MARKET DEFINITION 56
1.3 STUDY SCOPE 57
1.3.1 INCLUSIONS AND EXCLUSIONS 58
TABLE 1 INCLUSIONS AND EXCLUSIONS 58
1.4 REGIONS COVERED 59
1.5 YEARS CONSIDERED 60
1.6 UNITS CONSIDERED 60
1.6.1 CURRENCY/VALUE UNIT 60
TABLE 2 USD EXCHANGE RATES, 2019–2023 61
1.6.2 VOLUME UNIT 61
1.7 STAKEHOLDERS 61
1.8 SUMMARY OF CHANGES 62
1.8.1 RECESSION IMPACT 62
2 RESEARCH METHODOLOGY 63
2.1 RESEARCH DATA 63
2.1.1 SECONDARY DATA 64
2.1.1.1 Key data from secondary sources 64
2.1.2 PRIMARY DATA 64
2.1.2.1 Key data from primary sources 65
2.1.2.2 Key primary insights 66
2.1.2.3 Breakdown of primary interviews 66
2.2 MARKET SIZE ESTIMATION 67
2.2.1 BOTTOM-UP APPROACH 68
2.2.2 TOP-DOWN APPROACH 69
2.3 DATA TRIANGULATION 70
2.4 ASSUMPTIONS 71
2.5 LIMITATIONS 72
2.6 RECESSION IMPACT ANALYSIS 72
2.6.1 RECESSION MACROINDICATORS 72
3 EXECUTIVE SUMMARY 77
TABLE 3 FUNCTIONAL FOOD INGREDIENTS MARKET SNAPSHOT, 2024 VS. 2029 78
4 PREMIUM INSIGHTS 82
4.1 ATTRACTIVE MARKET OPPORTUNITIES FOR FUNCTIONAL FOOD INGREDIENTS MARKET PLAYERS 82
4.2 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE & COUNTRY 83
4.3 FUNCTIONAL FOOD INGREDIENTS MARKET: SHARE OF MAJOR REGIONAL SUBMARKETS 83
4.4 FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE & REGION 84
4.5 FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE & REGION 85
4.6 FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION & REGION 86
5 MARKET OVERVIEW 87
5.1 INTRODUCTION 87
5.2 MACROECONOMIC INDICATORS 88
5.2.1 DEVELOPMENT IN RETAIL INDUSTRY 88
5.2.2 RISE IN NUMBER OF DUAL-INCOME HOUSEHOLDS 89
5.3 MARKET DYNAMICS 90
5.3.1 DRIVERS 90
5.3.1.1 Increase in consumption of nutritive, convenience, and fortified food products 90
5.3.1.2 Growth in health awareness among consumers leading to increased consumption of healthier diets 92
5.3.1.3 Rise in incidences of chronic diseases 94
5.3.1.4 Research & development and expansion of production capacity to enhance applicability & accelerate growth 95
5.3.1.5 Mandates on food fortification by government organizations 95
TABLE 4 GLOBAL PREVALENCE OF ANEMIA ACROSS DIFFERENT POPULATION GROUPS, 2019 96
TABLE 5 WIDELY USED FORTIFIED FOODS 97
5.3.2 RESTRAINTS 98
5.3.2.1 Higher cost for functional food products due to inclusion of healthier or naturally sourced ingredients 98
5.3.2.2 Increase in instances of allergies and intolerances related to few ingredients 99
5.3.3 OPPORTUNITIES 99
5.3.3.1 Development of different techniques to create high-value natural carotenoids 99
5.3.3.2 Alternative sources to obtain omega-3 100
TABLE 6 UPCOMING ALTERNATIVE SOURCES FOR OMEGA-3 FATTY ACIDS 101
5.3.3.3 Adoption of new technologies in functional food industry 101
5.3.3.3.1 Use of encapsulation technology 102
5.3.3.3.2 3D printing and novel ingredients 102
5.3.4 CHALLENGES 103
5.3.4.1 Complexities related to integration and adulteration of functional food products 103
5.3.4.2 Lack of consistency in regulations pertaining to various ingredients 103
6 INDUSTRY TRENDS 104
6.1 INTRODUCTION 104
6.2 SUPPLY CHAIN ANALYSIS 104
6.3 VALUE CHAIN ANALYSIS 105
6.3.1 SOURCING OF RAW MATERIALS 106
6.3.2 PRODUCTION & PROCESSING 107
6.3.3 DISTRIBUTION, MARKETING, AND SALES 107
6.4 TRADE ANALYSIS 107
TABLE 7 TOP 10 EXPORTERS AND IMPORTERS OF PROVITAMINS AND VITAMINS (HS CODE 2936), 2022 (USD THOUSAND) 109
TABLE 8 TOP 10 EXPORTERS AND IMPORTERS OF PROVITAMINS AND VITAMINS (HS CODE 2936), 2022 (TON) 109
6.5 TECHNOLOGY ANALYSIS 110
6.5.1 KEY TECHNOLOGIES 110
6.5.1.1 Extraction and purification technologies 110
6.5.1.2 Functional food ingredients and microencapsulation technology 110
6.5.1.3 Encapsulation of omega-3 to mask odor 111
6.5.2 COMPLEMENTARY TECHNOLOGIES 111
6.5.2.1 Analytical techniques for quality control 111
6.5.2.2 Nanotechnology for enhanced delivery 112
6.5.3 ADJACENT TECHNOLOGY 112
6.5.3.1 Functional food ingredients and robots 112
6.6 PRICING ANALYSIS 113
6.6.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE 113
TABLE 9 FUNCTIONAL FOOD INGREDIENTS MARKET: AVERAGE SELLING PRICE (ASP), BY TYPE, 2019–2023 (USD/TON) 113
6.6.2 AVERAGE SELLING PRICE TREND OF FUNCTIONAL FOOD INGREDIENTS, BY REGION 114
TABLE 10 FUNCTIONAL FOOD INGREDIENTS MARKET: AVERAGE SELLING PRICE (ASP), BY REGION, 2019–2023 (USD/TON) 114
6.7 ECOSYSTEM ANALYSIS/MARKET MAP 115
6.7.1 DEMAND SIDE 115
6.7.2 SUPPLY SIDE 115
TABLE 11 FUNCTIONAL FOOD INGREDIENTS MARKET: SUPPLY CHAIN (ECOSYSTEM) 116
6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 116
6.9 PATENT ANALYSIS 118
TABLE 12 LIST OF MAJOR PATENTS PERTAINING TO FUNCTIONAL FOOD INGREDIENTS MARKET, 2021–2023 119
6.10 KEY CONFERENCES & EVENTS 123
TABLE 13 KEY CONFERENCES & EVENTS, 2024–2025 123
6.11 REGULATORY LANDSCAPE 124
6.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 124
TABLE 14 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 125
TABLE 15 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 125
TABLE 16 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 125
TABLE 17 AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 126
TABLE 18 MIDDLE EAST: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 126
6.11.2 FUNCTIONAL FOOD INGREDIENTS: REGULATORY FRAMEWORK 126
6.11.2.1 North America 126
6.11.2.1.1 Canada 126
6.11.2.1.2 US 126
6.11.2.1.3 Mexico 127
6.11.2.2 European Union (EU) 127
6.11.2.3 Asia Pacific 127
6.11.2.3.1 Japan 127
6.11.2.3.2 China 128
6.11.2.3.3 India 128
6.11.2.3.4 Australia & New Zealand 128
6.11.2.4 South America 128
6.11.2.4.1 Brazil 128
6.11.2.4.2 Argentina 129
6.11.2.5 Rest of the World (RoW) 129
6.11.2.5.1 Middle East 129
6.11.3 PROBIOTICS: REGULATORY FRAMEWORK 129
6.11.3.1 Introduction 129
TABLE 19 NATIONAL/INTERNATIONAL BODIES FOR SAFETY STANDARDS AND REGULATIONS 130
6.11.3.2 North America 130
6.11.3.2.1 US 130
6.11.3.2.2 Canada 131
6.11.3.3 Europe 131
6.11.3.4 Asia Pacific 132
6.11.3.4.1 Japan 132
6.11.3.4.2 India 132
6.11.3.5 South America 133
6.11.3.5.1 Brazil 133
6.11.4 PREBIOTICS: REGULATORY FRAMEWORK 133
6.11.4.1 Introduction 133
6.11.4.2 Asia Pacific 133
6.11.4.2.1 Japan 133
6.11.4.2.2 Australia & New Zealand 133
6.11.4.2.3 South Korea 134
6.11.4.2.4 India 134
TABLE 20 SCHEDULE XI OF FOOD SAFETY AND STANDARDS REGULATIONS FOR APPROVED PREBIOTIC INGREDIENTS, 2015 134
6.11.4.3 North America 134
6.11.4.3.1 US 134
6.11.4.3.2 Canada 134
TABLE 21 LIST OF ACCEPTED DIETARY FIBERS BY CANADIAN REGULATORY AUTHORITIES & THEIR SOURCES 135
6.11.4.4 European Union 136
6.12 PORTER’S FIVE FORCES ANALYSIS 136
TABLE 22 IMPACT OF PORTER’S FIVE FORCES ON FUNCTIONAL FOOD INGREDIENTS MARKET 136
6.12.1 INTENSITY OF COMPETITIVE RIVALRY 137
6.12.2 BARGAINING POWER OF SUPPLIERS 138
6.12.3 BARGAINING POWER OF BUYERS 138
6.12.4 THREAT OF NEW ENTRANTS 138
6.12.5 THREAT OF SUBSTITUTES 138
6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 139
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 139
TABLE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY TYPES 141
6.13.2 BUYING CRITERIA 141
TABLE 24 KEY BUYING CRITERIA FOR FUNCTIONAL FOOD INGREDIENT TYPES 142
6.14 CASE STUDY ANALYSIS 143
6.14.1 MIND RIGHT’S PLANT-BASED BARS WAS FORMULATED TO FOCUS ON MENTAL HEALTH ISSUES 143
6.14.2 UNDERSTANDING CONSUMER MOTIVATIONS AND ATTITUDES TOWARD FUNCTIONAL FOOD 143
6.15 INVESTMENT AND FUNDING SCENARIO 144
7 FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE 145
7.1 INTRODUCTION 146
TABLE 25 FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2023 (USD MILLION) 146
TABLE 26 FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 147
7.2 NATURAL SOURCES 147
7.2.1 CONSUMER EMPHASIS ON FOODS AND HEALTH-PROMOTING PRODUCTS DERIVED FROM NATURAL SOURCES 147
TABLE 27 ADULTS OBESITY PREVALENCE, BY GEOGRAPHIC GROUP/RACE/ETHNICITY 147
TABLE 28 NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 148
TABLE 29 NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 148
TABLE 30 NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 149
TABLE 31 NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 149
7.2.2 PLANT SOURCES 149
TABLE 32 PLANT-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 150
TABLE 33 PLANT-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 151
7.2.3 ANIMAL SOURCES 151
TABLE 34 ANIMAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 152
TABLE 35 ANIMAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 152
7.2.4 MICROBIAL & FERMENTATION SOURCES 153
TABLE 36 MICROBIAL/FERMENTATION-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 153
TABLE 37 MICROBIAL/FERMENTATION-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 154
7.3 SYNTHETIC SOURCES 154
7.3.1 RISE IN CONCERNS ON GUT HEALTH TO DRIVE DEMAND FOR BIOTECHNOLOGICALLY PRODUCED PREBIOTICS AND PROBIOTICS 154
TABLE 38 SYNTHETIC FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 155
TABLE 39 SYNTHETIC FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 155
7.4 HYBRID OR BLENDED SOURCES 157
7.4.1 CONSUMER PREFERENCES FOR MULTIPURPOSE PRODUCTS AND GROWING INTEREST IN PERSONALIZED NUTRITION SOLUTIONS 157
TABLE 40 HYBRID OR BLENDED FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 157
TABLE 41 HYBRID OR BLENDED FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 157
8 FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE 159
8.1 INTRODUCTION 160
TABLE 42 FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 161
TABLE 43 FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 161
TABLE 44 FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 162
TABLE 45 FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 162
8.2 PROBIOTICS 163
8.2.1 HIGH CONSUMER DEMAND FOR SCIENTIFICALLY PROVEN HEALTH FOOD AND SUPPLEMENTS, PARTICULARLY IN DEVELOPED ECONOMIES 163
TABLE 46 PROBIOTIC COMPONENTS & THEIR BENEFITS 163
TABLE 47 PROBIOTIC INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 164
TABLE 48 PROBIOTIC INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 165
TABLE 49 PROBIOTIC INGREDIENTS MARKET, BY REGION, 2019–2023 (TON) 165
TABLE 50 PROBIOTIC INGREDIENTS MARKET, BY REGION, 2024–2029 (TON) 165
8.3 PROTEINS & AMINO ACIDS 166
8.3.1 RISE IN AWARENESS ABOUT HEALTH BENEFITS OF AMINO ACIDS 166
TABLE 51 RECOMMENDED DIETARY ALLOWANCES (RDA) FOR PROTEINS IN DIFFERENT AGE GROUPS (GRAMS/DAY) 166
TABLE 52 FUNCTIONS OF PROTEIN 167
TABLE 53 PROTEIN & AMINO ACID INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 167
TABLE 54 PROTEIN & AMINO ACID INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 167
TABLE 55 PROTEIN & AMINO ACID INGREDIENTS MARKET, BY REGION, 2019–2023 (TON) 168
TABLE 56 PROTEIN & AMINO ACID INGREDIENTS MARKET, BY REGION, 2024–2029 (TON) 168
8.4 PHYTOCHEMICALS & PLANT EXTRACTS 168
8.4.1 INCREASE IN USE IN NUTRACEUTICALS DUE TO SIDE EFFECTS OF CHEMICAL INGREDIENTS 168
TABLE 57 PHYTOCHEMICAL & PLANT EXTRACT INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 169
TABLE 58 PHYTOCHEMICAL & PLANT EXTRACT INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 169
TABLE 59 PHYTOCHEMICAL & PLANT EXTRACT INGREDIENTS MARKET, BY REGION, 2019–2023 (TON) 170
TABLE 60 PHYTOCHEMICAL & PLANT EXTRACT INGREDIENTS MARKET, BY REGION, 2024–2029 (TON) 170
8.5 PREBIOTICS 170
8.5.1 RAPID GROWTH IN PREBIOTICS DUE TO BENEFITS IN WEIGHT MANAGEMENT AND INFANT HEALTH IMPROVEMENT 170
TABLE 61 PREBIOTIC COMPONENTS & THEIR BENEFITS 171
TABLE 62 PREBIOTIC INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 172
TABLE 63 PREBIOTIC INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 172
TABLE 64 PREBIOTIC INGREDIENTS MARKET, BY REGION, 2019–2023 (TON) 173
TABLE 65 PREBIOTIC INGREDIENTS MARKET, BY REGION, 2024–2029 (TON) 173
8.6 FIBERS & SPECIALTY CARBOHYDRATES 173
8.6.1 FIBERS HELP PROMOTE HEALTH AND REDUCE RISK OF CHRONIC DISEASES 173
TABLE 66 FIBER & SPECIALTY CARBOHYDRATE INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 174
TABLE 67 FIBER & SPECIALTY CARBOHYDRATE INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 174
TABLE 68 FIBER & SPECIALTY CARBOHYDRATE INGREDIENTS MARKET, BY REGION, 2019–2023 (TON) 175
TABLE 69 FIBER & SPECIALTY CARBOHYDRATE INGREDIENTS MARKET, BY REGION, 2024–2029 (TON) 175
8.7 OMEGA-3 FATTY ACIDS 175
8.7.1 OMEGA FATTY ACIDS AID IN REDUCING RISK OF SEVERAL CHRONIC MENTAL AND PHYSICAL DISEASES 175
TABLE 70 OMEGA-3 FATTY ACID INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 176
TABLE 71 OMEGA-3 FATTY ACID INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 176
TABLE 72 OMEGA-3 FATTY ACID INGREDIENTS MARKET, BY REGION, 2019–2023 (TON) 177
TABLE 73 OMEGA-3 FATTY ACID INGREDIENTS MARKET, BY REGION, 2024–2029 (TON) 177
8.8 CAROTENOIDS 177
8.8.1 ROLE OF CAROTENOIDS SUCH AS LUTEIN AND ZEAXANTHIN IN REDUCING RISK OF EYE DISEASES 177
TABLE 74 COMMON DIETARY SOURCES OF CAROTENOIDS IN VEGETABLE FOODS (ΜG/100 FRESH WEIGHT) 178
TABLE 75 CAROTENOID INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 179
TABLE 76 CAROTENOID INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 179
TABLE 77 CAROTENOID INGREDIENTS MARKET, BY REGION, 2019–2023 (TON) 180
TABLE 78 CAROTENOID INGREDIENTS MARKET, BY REGION, 2024–2029 (TON) 180
8.9 VITAMINS 180
8.9.1 AWARENESS, WIDE ACCEPTANCE, AND EASY AVAILABILITY OF DIFFERENT TYPES OF VITAMINS 180
TABLE 79 VITAMINS CLASSIFIED AS MICRONUTRIENTS 181
TABLE 80 VITAMIN INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 184
TABLE 81 VITAMIN INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 185
TABLE 82 VITAMIN INGREDIENTS MARKET, BY REGION, 2019–2023 (TON) 185
TABLE 83 VITAMIN INGREDIENTS MARKET, BY REGION, 2024–2029 (TON) 185
8.10 MINERALS 186
8.10.1 CONSUMER AWARENESS REGARDING CONSEQUENCES OF MINERAL DEFICIENCIES 186
TABLE 84 MINERAL INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 186
TABLE 85 MINERAL INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 187
TABLE 86 MINERAL INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 187
TABLE 87 MINERAL INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 187
TABLE 88 MINERAL INGREDIENTS MARKET, BY REGION, 2019–2023 (TON) 188
TABLE 89 MINERAL INGREDIENTS MARKET, BY REGION, 2024–2029 (TON) 188
8.10.2 MACROMINERALS 188
TABLE 90 MACROMINERAL INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 189
TABLE 91 MACROMINERAL INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 189
8.10.3 MICROMINERALS 189
TABLE 92 MACROMINERALS & THEIR FUNCTIONS 189
TABLE 93 MICRO MINERALS & THEIR FUNCTIONS 191
TABLE 94 MICROMINERAL INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 192
TABLE 95 MICROMINERAL INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 192
9 FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM 193
9.1 INTRODUCTION 194
TABLE 96 FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2019–2023 (USD MILLION) 194
TABLE 97 FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2024–2029 (USD MILLION) 195
9.2 POWDERS 195
9.2.1 SUSTAINED GROWTH EXPECTED DUE TO CONVENIENCE AND DIVERSE APPLICATIONS IN HEALTH FOODS/BEVERAGES MARKET 195
TABLE 98 FUNCTIONAL FOOD INGREDIENT POWDERS MARKET, BY REGION, 2019–2023 (USD MILLION) 196
TABLE 99 FUNCTIONAL FOOD INGREDIENT POWDERS MARKET, BY REGION, 2024–2029 (USD MILLION) 196
9.3 LIQUID 196
9.3.1 CONTINUED GROWTH PROJECTED DUE TO SUPERIOR BIOAVAILABILITY, CONVENIENCE, AND CUSTOMIZATION OPTIONS 196
TABLE 100 FUNCTIONAL FOOD INGREDIENT LIQUIDS MARKET, BY REGION, 2019–2023 (USD MILLION) 197
TABLE 101 FUNCTIONAL FOOD INGREDIENT LIQUIDS MARKET, BY REGION, 2024–2029 (USD MILLION) 197
9.4 CAPSULES/TABLETS 198
9.4.1 CONVENIENCE, PORTABILITY, AND TARGETED FORMULATION OPTIONS TO BE KEY DRIVERS 198
TABLE 102 FUNCTIONAL FOOD INGREDIENT CAPSULES/TABLETS MARKET, BY REGION, 2019–2023 (USD MILLION) 198
TABLE 103 FUNCTIONAL FOOD INGREDIENT CAPSULES/TABLETS MARKET, BY REGION, 2024–2029 (USD MILLION) 198
9.5 OTHER FORMS 199
TABLE 104 OTHER FUNCTIONAL FOOD INGREDIENT FORMS MARKET, BY REGION, 2019–2023 (USD MILLION) 199
TABLE 105 OTHER FUNCTIONAL FOOD INGREDIENT FORMS MARKET, BY REGION, 2024–2029 (USD MILLION) 199
10 FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION 200
10.1 INTRODUCTION 201
TABLE 106 FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 202
TABLE 107 FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 202
10.2 FOOD 202
10.2.1 DEMAND FOR COST-EFFECTIVE FOOD PRODUCTS WITH HIGH NUTRITIONAL BENEFITS 202
TABLE 108 FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 203
TABLE 109 FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 203
TABLE 110 FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY REGION, 2019–2023 (USD MILLION) 203
TABLE 111 FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY REGION, 2024–2029 (USD MILLION) 204
10.2.2 INFANT FOOD 204
10.2.2.1 Leading segment in market driven by imperative of promoting healthy growth and development 204
TABLE 112 RECOMMENDED DIETARY REFERENCE INTAKES (DRIS) FOR MACRONUTRIENTS 205
TABLE 113 RECOMMENDED DIETARY REFERENCE INTAKES (DRIS) FOR MICRONUTRIENTS 205
TABLE 114 FUNCTIONAL FOOD INGREDIENTS MARKET IN INFANT FOOD, BY REGION, 2019–2023 (USD MILLION) 205
TABLE 115 FUNCTIONAL FOOD INGREDIENTS MARKET IN INFANT FOOD, BY REGION, 2024–2029 (USD MILLION) 206
10.2.3 DAIRY PRODUCTS 206
10.2.3.1 Surge in demand for dairy alternatives and probiotic options 206
TABLE 116 FUNCTIONAL FOOD INGREDIENTS MARKET IN DAIRY PRODUCTS, BY REGION, 2019–2023 (USD MILLION) 207
TABLE 117 FUNCTIONAL FOOD INGREDIENTS MARKET IN DAIRY PRODUCTS, BY REGION, 2024–2029 (USD MILLION) 207
10.2.4 BAKERY PRODUCTS 207
10.2.4.1 Shift to healthier alternatives driven by innovation in functional ingredients as well as nutrient fortification 207
TABLE 118 FUNCTIONAL FOOD INGREDIENTS MARKET IN BAKERY PRODUCTS, BY REGION, 2019–2023 (USD MILLION) 208
TABLE 119 FUNCTIONAL FOOD INGREDIENTS MARKET IN BAKERY PRODUCTS, BY REGION, 2024–2029 (USD MILLION) 208
10.2.5 CONFECTIONERY PRODUCTS 209
10.2.5.1 Convergence of consumer preferences for both indulgent and health-conscious choices 209
TABLE 120 FUNCTIONAL FOOD INGREDIENTS MARKET IN CONFECTIONERY PRODUCTS, BY REGION, 2019–2023 (USD MILLION) 209
TABLE 121 FUNCTIONAL FOOD INGREDIENTS MARKET IN CONFECTIONERY PRODUCTS, BY REGION, 2024–2029 (USD MILLION) 210
10.2.6 SNACKS 210
10.2.6.1 Evolving preferences toward healthier, functional snack options 210
TABLE 122 FUNCTIONAL FOOD INGREDIENTS MARKET IN SNACKS, BY REGION, 2019–2023 (USD MILLION) 211
TABLE 123 FUNCTIONAL FOOD INGREDIENTS MARKET IN SNACKS, BY REGION, 2024–2029 (USD MILLION) 211
10.2.7 MEAT & MEAT PRODUCTS 212
10.2.7.1 Growth in demand for nutritious and healthy meat products 212
TABLE 124 FUNCTIONAL FOOD INGREDIENTS MARKET IN MEAT & MEAT PRODUCTS, BY REGION, 2019–2023 (USD MILLION) 213
TABLE 125 FUNCTIONAL FOOD INGREDIENTS MARKET IN MEAT & MEAT PRODUCTS, BY REGION, 2024–2029 (USD MILLION) 213
10.2.8 OTHER FOOD APPLICATIONS 213
TABLE 126 FUNCTIONAL FOOD INGREDIENTS MARKET IN OTHER FOOD APPLICATIONS, BY REGION, 2019–2023 (USD MILLION) 214
TABLE 127 FUNCTIONAL FOOD INGREDIENTS MARKET IN OTHER FOOD APPLICATIONS, BY REGION, 2024–2029 (USD MILLION) 214
10.3 BEVERAGES 215
10.3.1 DEMAND FOR HEALTH BEVERAGES AND DRINKS TO DRIVE FUNCTIONAL JUICES AND BEVERAGES 215
TABLE 128 FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 215
TABLE 129 FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 216
TABLE 130 FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY REGION, 2019–2023 (USD MILLION) 216
TABLE 131 FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY REGION, 2024–2029 (USD MILLION) 216
10.3.2 ENERGY DRINKS 217
10.3.2.1 Evolving preferences for functional benefits in energy and sports drinks 217
TABLE 132 FUNCTIONAL FOOD INGREDIENTS MARKET IN ENERGY DRINKS, BY REGION, 2019–2023 (USD MILLION) 217
TABLE 133 FUNCTIONAL FOOD INGREDIENTS MARKET IN ENERGY DRINKS, BY REGION, 2024–2029 (USD MILLION) 218
10.3.3 JUICES 218
10.3.3.1 On-the-go solutions, natural, and healthy options in juices to remain poised for continued growth 218
TABLE 134 FUNCTIONAL FOOD INGREDIENTS MARKET IN JUICES, BY REGION, 2019–2023 (USD MILLION) 219
TABLE 135 FUNCTIONAL FOOD INGREDIENTS MARKET IN JUICES, BY REGION, 2024–2029 (USD MILLION) 219
10.3.4 HEALTH DRINKS 219
10.3.4.1 Increase in consumer emphasis on holistic wellness and pursuit of convenient solutions to support their health goal 219
TABLE 136 FUNCTIONAL FOOD INGREDIENTS MARKET IN HEALTH DRINKS, BY REGION, 2019–2023 (USD MILLION) 220
TABLE 137 FUNCTIONAL FOOD INGREDIENTS MARKET IN HEALTH DRINKS, BY REGION, 2024–2029 (USD MILLION) 220
10.4 NUTRACEUTICALS & DIETARY SUPPLEMENTS 220
10.4.1 CONSUMER AWARENESS AND IMPERATIVE FOR PROACTIVE HEALTH MANAGEMENT, PARTICULARLY AMONG AGING POPULATION 220
TABLE 138 FUNCTIONAL FOOD INGREDIENTS MARKET IN NUTRACEUTICALS & DIETARY SUPPLEMENTS, BY REGION, 2019–2023 (USD MILLION) 221
TABLE 139 FUNCTIONAL FOOD INGREDIENTS MARKET IN NUTRACEUTICALS & DIETARY SUPPLEMENTS, BY REGION, 2024–2029 (USD MILLION) 221
11 FUNCTIONAL FOOD INGREDIENTS MARKET, BY HEALTH BENEFITS 222
11.1 INTRODUCTION 222
11.2 DIGESTIVE HEALTH 222
11.3 IMMUNE SUPPORT 222
11.4 ENERGY & METABOLISM 223
11.5 HEART HEALTH 223
11.6 BONE & JOINT HEALTH 224
TABLE 140 BONE-BUILDING NUTRIENTS & THEIR THERAPEUTIC RANGE 224
11.7 WEIGHT MANAGEMENT 225
11.8 OTHER HEALTH BENEFITS 226
12 FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION 227
12.1 INTRODUCTION 228
TABLE 141 FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 229
TABLE 142 FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 230
TABLE 143 FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2019–2023 (TON) 230
TABLE 144 FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2024–2029 (TON) 230
12.2 NORTH AMERICA 231
TABLE 145 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 232
TABLE 146 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 232
TABLE 147 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2023 (TON) 232
TABLE 148 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2024–2029 (TON) 233
TABLE 149 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 233
TABLE 150 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 234
TABLE 151 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 234
TABLE 152 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 235
TABLE 153 NORTH AMERICA: MINERAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 235
TABLE 154 NORTH AMERICA: MINERAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 235
TABLE 155 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 236
TABLE 156 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 236
TABLE 157 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 236
TABLE 158 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 237
TABLE 159 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 237
TABLE 160 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 237
TABLE 161 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2023 (USD MILLION) 238
TABLE 162 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 238
TABLE 163 NORTH AMERICA: NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 238
TABLE 164 NORTH AMERICA: NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 239
TABLE 165 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2019–2023 (USD MILLION) 239
TABLE 166 NORTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2024–2029 (USD MILLION) 239
12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 240
12.2.2 US 241
12.2.2.1 Presence of key players and increase in health conditions among people 241
TABLE 167 US: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 242
TABLE 168 US: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 242
TABLE 169 US: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 243
TABLE 170 US: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 243
TABLE 171 US: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 244
TABLE 172 US: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 244
12.2.3 CANADA 244
12.2.3.1 Supportive government policies and rise in consumer health awareness 244
TABLE 173 CANADA: APPROVED INFANT FORMULAS, 2019 245
TABLE 174 CANADA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 246
TABLE 175 CANADA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 247
TABLE 176 CANADA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 247
TABLE 177 CANADA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 248
TABLE 178 CANADA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 248
TABLE 179 CANADA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 248
12.2.4 MEXICO 249
12.2.4.1 Rise in per capita expenditure on nutritious and healthy foods 249
TABLE 180 MEXICO: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 249
TABLE 181 MEXICO: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 250
TABLE 182 MEXICO: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 250
TABLE 183 MEXICO: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 251
TABLE 184 MEXICO: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 251
TABLE 185 MEXICO: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 251
12.3 EUROPE 252
TABLE 186 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 252
TABLE 187 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 253
TABLE 188 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2023 (TON) 253
TABLE 189 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2024–2029 (TON) 254
TABLE 190 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 254
TABLE 191 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 255
TABLE 192 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 255
TABLE 193 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 256
TABLE 194 EUROPE: MINERAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 256
TABLE 195 EUROPE: MINERAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 256
TABLE 196 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 257
TABLE 197 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 257
TABLE 198 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 257
TABLE 199 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 258
TABLE 200 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 258
TABLE 201 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 258
TABLE 202 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2023 (USD MILLION) 259
TABLE 203 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 259
TABLE 204 EUROPE: NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 259
TABLE 205 EUROPE: NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 260
TABLE 206 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2019–2023 (USD MILLION) 260
TABLE 207 EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2024–2029 (USD MILLION) 260
12.3.1 EUROPE: RECESSION IMPACT ANALYSIS 261
12.3.2 UK 262
12.3.2.1 Consumers’ high awareness of various functional ingredients and other wellness ingredients 262
TABLE 208 UK: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 263
TABLE 209 UK: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 263
TABLE 210 UK: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 264
TABLE 211 UK: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 264
TABLE 212 UK: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 265
TABLE 213 UK: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 265
12.3.3 FRANCE 265
12.3.3.1 Preference for better eating habits resulted in adoption of alternatives, especially among women 265
TABLE 214 FRANCE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 266
TABLE 215 FRANCE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 266
TABLE 216 FRANCE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 267
TABLE 217 FRANCE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 267
TABLE 218 FRANCE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 268
TABLE 219 FRANCE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 268
12.3.4 GERMANY 268
12.3.4.1 Manufacturers constantly improve their products with newer technology and innovations 268
TABLE 220 GERMANY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 269
TABLE 221 GERMANY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 269
TABLE 222 GERMANY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 270
TABLE 223 GERMANY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 270
TABLE 224 GERMANY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 271
TABLE 225 GERMANY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 271
12.3.5 ITALY 271
12.3.5.1 Stringent quality control mandates for functional food ingredients such as omega-3 and folic acid 271
TABLE 226 ITALY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 272
TABLE 227 ITALY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 272
TABLE 228 ITALY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 273
TABLE 229 ITALY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 273
TABLE 230 ITALY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 274
TABLE 231 ITALY: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 274
12.3.6 SPAIN 274
12.3.6.1 Interest in supplement consumption and food fortified with fiber, probiotics, omega-3 acids, folic acids, and vitamins A and D 274
TABLE 232 SPAIN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 275
TABLE 233 SPAIN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 275
TABLE 234 SPAIN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 276
TABLE 235 SPAIN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 276
TABLE 236 SPAIN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 277
TABLE 237 SPAIN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 277
12.3.7 RUSSIA 277
12.3.7.1 Need for government initiatives to promote consumption of functional food 277
TABLE 238 RUSSIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 278
TABLE 239 RUSSIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 278
TABLE 240 RUSSIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 279
TABLE 241 RUSSIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 279
TABLE 242 RUSSIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 280
TABLE 243 RUSSIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 280
12.3.8 REST OF EUROPE 280
TABLE 244 REST OF EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 281
TABLE 245 REST OF EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 281
TABLE 246 REST OF EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 282
TABLE 247 REST OF EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 282
TABLE 248 REST OF EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 283
TABLE 249 REST OF EUROPE: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 283
12.4 ASIA PACIFIC 283
TABLE 250 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 285
TABLE 251 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 285
TABLE 252 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2023 (TON) 285
TABLE 253 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2024–2029 (TON) 286
TABLE 254 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 286
TABLE 255 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 287
TABLE 256 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 287
TABLE 257 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 288
TABLE 258 ASIA PACIFIC: MINERAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 288
TABLE 259 ASIA PACIFIC: MINERAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 288
TABLE 260 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 289
TABLE 261 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 289
TABLE 262 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 289
TABLE 263 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 290
TABLE 264 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 290
TABLE 265 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 290
TABLE 266 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2023 (USD MILLION) 291
TABLE 267 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 291
TABLE 268 ASIA PACIFIC: NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 291
TABLE 269 ASIA PACIFIC: NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 292
TABLE 270 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2019–2023 (USD MILLION) 292
TABLE 271 ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2024–2029 (USD MILLION) 292
12.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 293
12.4.2 CHINA 294
12.4.2.1 Increase in “punk nutrition” trend with changing lifestyles of consumers 294
TABLE 272 CHINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 295
TABLE 273 CHINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 295
TABLE 274 CHINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 296
TABLE 275 CHINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 296
TABLE 276 CHINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 297
TABLE 277 CHINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 297
12.4.3 JAPAN 297
12.4.3.1 Demand for clean, natural ingredients and establishment of institutes for overseeing probiotic manufacturing 297
TABLE 278 JAPAN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 298
TABLE 279 JAPAN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 298
TABLE 280 JAPAN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 299
TABLE 281 JAPAN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 299
TABLE 282 JAPAN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 300
TABLE 283 JAPAN: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 300
12.4.4 INDIA 300
12.4.4.1 Increase in disposable income with concerns about obtaining regulatory approval 300
TABLE 284 INDIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 301
TABLE 285 INDIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 302
TABLE 286 INDIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 302
TABLE 287 INDIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 303
TABLE 288 INDIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 303
TABLE 289 INDIA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 303
12.4.5 AUSTRALIA & NEW ZEALAND 304
12.4.5.1 Aging population and regulatory ease in launching newer functional food & beverage products 304
TABLE 290 AUSTRALIA & NEW ZEALAND: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 304
TABLE 291 AUSTRALIA & NEW ZEALAND: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 305
TABLE 292 AUSTRALIA & NEW ZEALAND: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 305
TABLE 293 AUSTRALIA & NEW ZEALAND: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 306
TABLE 294 AUSTRALIA & NEW ZEALAND: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 306
TABLE 295 AUSTRALIA & NEW ZEALAND: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 306
12.4.6 REST OF ASIA PACIFIC 307
TABLE 296 REST OF ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 307
TABLE 297 REST OF ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 308
TABLE 298 REST OF ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 308
TABLE 299 REST OF ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 309
TABLE 300 REST OF ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 309
TABLE 301 REST OF ASIA PACIFIC: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 309
12.5 SOUTH AMERICA 310
TABLE 302 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 310
TABLE 303 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 311
TABLE 304 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2019–2023 (TON) 311
TABLE 305 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY COUNTRY, 2024–2029 (TON) 311
TABLE 306 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 312
TABLE 307 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 312
TABLE 308 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 313
TABLE 309 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 313
TABLE 310 SOUTH AMERICA: MINERAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 314
TABLE 311 SOUTH AMERICA: MINERAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 314
TABLE 312 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 314
TABLE 313 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 314
TABLE 314 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 315
TABLE 315 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 315
TABLE 316 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 315
TABLE 317 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 316
TABLE 318 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2023 (USD MILLION) 316
TABLE 319 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 316
TABLE 320 SOUTH AMERICA: NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 317
TABLE 321 SOUTH AMERICA: NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 317
TABLE 322 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2019–2023 (USD MILLION) 317
TABLE 323 SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2024–2029 (USD MILLION) 318
12.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 318
12.5.2 BRAZIL 319
12.5.2.1 Availability of rich natural sources and demand for plant-based alternatives 319
TABLE 324 BRAZIL: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 320
TABLE 325 BRAZIL: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 320
TABLE 326 BRAZIL: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 321
TABLE 327 BRAZIL: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 321
TABLE 328 BRAZIL: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 322
TABLE 329 BRAZIL: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 322
12.5.3 ARGENTINA 322
12.5.3.1 Steady rise of undernourishment and gradual shift toward embracing health food 322
TABLE 330 ARGENTINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 323
TABLE 331 ARGENTINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 323
TABLE 332 ARGENTINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 324
TABLE 333 ARGENTINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 324
TABLE 334 ARGENTINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 325
TABLE 335 ARGENTINA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 325
12.5.4 REST OF SOUTH AMERICA 325
TABLE 336 REST OF SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 326
TABLE 337 REST OF SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 326
TABLE 338 REST OF SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 327
TABLE 339 REST OF SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 327
TABLE 340 REST OF SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 328
TABLE 341 REST OF SOUTH AMERICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 328
12.6 REST OF THE WORLD (ROW) 328
TABLE 342 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2019–2023 (USD MILLION) 329
TABLE 343 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 329
TABLE 344 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2019–2023 (TON) 329
TABLE 345 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY REGION, 2024–2029 (TON) 329
TABLE 346 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 330
TABLE 347 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 330
TABLE 348 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 331
TABLE 349 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 331
TABLE 350 ROW: MINERAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 331
TABLE 351 ROW: MINERAL-BASED FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 332
TABLE 352 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 332
TABLE 353 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 332
TABLE 354 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 333
TABLE 355 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET IN FOOD, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 333
TABLE 356 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 333
TABLE 357 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET IN BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 334
TABLE 358 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2019–2023 (USD MILLION) 334
TABLE 359 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 334
TABLE 360 ROW: NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 335
TABLE 361 ROW: NATURAL FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 335
TABLE 362 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2019–2023 (USD MILLION) 335
TABLE 363 ROW: FUNCTIONAL FOOD INGREDIENTS MARKET, BY FORM, 2024–2029 (USD MILLION) 336
12.6.1 ROW: RECESSION IMPACT ANALYSIS 336
12.6.2 AFRICA 337
12.6.2.1 Rise in disease burden due to micronutrient deficiencies but increase in intra-African trade 337
12.6.2.2 South Africa 337
12.6.2.3 Nigeria 337
12.6.2.4 Rest of Africa 338
TABLE 364 AFRICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 338
TABLE 365 AFRICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 338
TABLE 366 AFRICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 339
TABLE 367 AFRICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 339
TABLE 368 AFRICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 340
TABLE 369 AFRICA: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 340
12.6.3 MIDDLE EAST 340
12.6.3.1 Increase in influence of Western culture and unhealthy lifestyles 340
12.6.3.2 UAE 341
12.6.3.3 Saudi Arabia 341
12.6.3.4 Rest of Middle East 341
TABLE 370 MIDDLE EAST: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (USD MILLION) 342
TABLE 371 MIDDLE EAST: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 342
TABLE 372 MIDDLE EAST: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2019–2023 (TON) 343
TABLE 373 MIDDLE EAST: FUNCTIONAL FOOD INGREDIENTS MARKET, BY TYPE, 2024–2029 (TON) 343
TABLE 374 MIDDLE EAST: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 344
TABLE 375 MIDDLE EAST: FUNCTIONAL FOOD INGREDIENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 344
13 COMPETITIVE LANDSCAPE 345
13.1 OVERVIEW 345
13.2 REVENUE ANALYSIS 346
13.3 MARKET SHARE ANALYSIS 347
TABLE 376 FUNCTIONAL FOOD INGREDIENTS MARKET: DEGREE OF COMPETITION (COMPETITIVE) 347
13.4 KEY PLAYERS’ STRATEGIES/RIGHT TO WIN 347
TABLE 377 STRATEGIES ADOPTED BY KEY PLAYERS IN FUNCTIONAL FOOD INGREDIENTS MARKET 348
13.5 VALUATION AND FINANCIAL METRICS OF FEW MAJOR PLAYERS 350
13.6 BRAND/PRODUCT COMPARATIVE ANALYSIS 351
13.6.1 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY TYPE 351
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS 352
13.7.1 STARS 353
13.7.2 EMERGING LEADERS 353
13.7.3 PERVASIVE PLAYERS 353
13.7.4 PARTICIPANTS 353
13.7.5 COMPANY FOOTPRINT FOR KEY PLAYERS 355
13.7.5.1 Overall company footprint 355
13.7.5.2 Type footprint 356
TABLE 378 COMPANY TYPE FOOTPRINT, 2023 356
13.7.5.3 Application footprint 357
TABLE 379 COMPANY APPLICATION FOOTPRINT, 2023 357
13.7.5.4 Form footprint 358
TABLE 380 COMPANY FORM FOOTPRINT, 2023 358
13.7.5.5 Source footprint 359
TABLE 381 COMPANY SOURCE FOOTPRINT, 2023 359
13.7.5.6 Regional footprint 360
TABLE 382 COMPANY REGIONAL FOOTPRINT, 2023 360
13.8 COMPANY EVALUATION MATRIX: STARTUP/SMES 361
13.8.1 PROGRESSIVE COMPANIES 361
13.8.2 RESPONSIVE COMPANIES 361
13.8.3 DYNAMIC COMPANIES 361
13.8.4 STARTING BLOCKS 361
13.8.5 COMPETITIVE BENCHMARKING, STARTUPS/SMES 363
13.8.5.1 Detailed list of key startups/SMEs 363
TABLE 383 FUNCTIONAL FOOD INGREDIENTS MARKET: DETAILED LIST OF KEY STARTUPS/SMES, 2023 363
13.8.5.2 Competitive Benchmarking of Key Startups/SMEs 364
TABLE 384 FUNCTIONAL FOOD INGREDIENTS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES 364
13.9 COMPETITIVE SCENARIO AND TRENDS 365
13.9.1 PRODUCT LAUNCHES/DEVELOPMENTS/APPROVALS 365
TABLE 385 FUNCTIONAL FOOD INGREDIENTS MARKET: PRODUCT LAUNCHES/DEVELOPMENTS/ APPROVALS, JANUARY 2019–FEBRUARY 2024 365
13.9.2 DEALS 367
TABLE 386 FUNCTIONAL FOOD INGREDIENTS MARKET: DEALS, JANUARY 2019–FEBRUARY 2024 367
13.9.3 OTHER DEALS/DEVELOPMENTS 374
TABLE 387 FUNCTIONAL FOOD INGREDIENTS MARKET: EXPANSIONS, JANUARY 2019–FEBRUARY 2024 374
TABLE 388 FUNCTIONAL FOOD INGREDIENTS MARKET: OTHER DEALS/DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024 380
14 COMPANY PROFILES 382
(Business overview, Products/ Solutions/ Services offered, Recent Developments, Product launches/ developments/ approvals, Deals, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats) *
14.1 KEY PLAYERS 382
14.1.1 CARGILL, INCORPORATED 382
TABLE 389 CARGILL, INCORPORATED: BUSINESS OVERVIEW 382
TABLE 390 CARGILL, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 383
TABLE 391 CARGILL, INCORPORATED: PRODUCT LAUNCHES/DEVELOPMENTS/APPROVALS 385
TABLE 392 CARGILL, INCORPORATED: DEALS 386
TABLE 393 CARGILL, INCORPORATED: EXPANSIONS 387
TABLE 394 CARGILL, INCORPORATED: OTHER DEVELOPMENTS 388
14.1.2 BASF SE 390
TABLE 395 BASF SE: BUSINESS OVERVIEW 390
TABLE 396 BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 391
TABLE 397 BASF SE: PRODUCT LAUNCHES/DEVELOPMENTS/APPROVALS 392
TABLE 398 BASF SE: DEALS 393
TABLE 399 BASF SE: OTHER DEVELOPMENTS 393
14.1.3 ADM 395
TABLE 400 ADM: BUSINESS OVERVIEW 395
TABLE 401 ADM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 396
TABLE 402 ADM: PRODUCT LAUNCHES/DEVELOPMENTS/APPROVALS 398
TABLE 403 ADM: DEALS 398
TABLE 404 ADM: EXPANSIONS 401
TABLE 405 ADM: OTHER DEVELOPMENTS 402
14.1.4 INTERNATIONAL FLAVORS & FRAGRANCES INC. 403
TABLE 406 INTERNATIONAL FLAVORS & FRAGRANCES INC.: BUSINESS OVERVIEW 403
TABLE 407 INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCTS/SOLUTIONS/ SERVICES OFFERED 404
TABLE 408 INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCT LAUNCHES/DEVELOPMENTS/APPROVALS 407
TABLE 409 INTERNATIONAL FLAVORS & FRAGRANCES INC.: DEALS 407
TABLE 410 INTERNATIONAL FLAVORS & FRAGRANCES INC.: EXPANSIONS 408
14.1.5 ARLA FOODS AMBA 410
TABLE 411 ARLA FOODS AMBA: BUSINESS OVERVIEW 410
TABLE 412 ARLA FOODS AMBA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 411
TABLE 413 ARLA FOODS AMBA: DEALS 412
TABLE 414 ARLA FOODS AMBA: EXPANSIONS 413
14.1.6 KERRY GROUP PLC 414
TABLE 415 KERRY GROUP PLC: BUSINESS OVERVIEW 414
TABLE 416 KERRY GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 415
TABLE 417 KERRY GROUP PLC: PRODUCT LAUNCHES/DEVELOPMENTS/APPROVALS 417
TABLE 418 KERRY GROUP PLC: EXPANSIONS 417
14.1.7 AJINOMOTO CO., INC. 418
TABLE 419 AJINOMOTO CO., INC.: BUSINESS OVERVIEW 418
TABLE 420 AJINOMOTO CO., INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 419
TABLE 421 AJINOMOTO CO., INC.: DEALS 420
TABLE 422 AJINOMOTO CO., INC.: EXPANSIONS 420
14.1.8 DSM 422
TABLE 423 DSM: BUSINESS OVERVIEW 422
TABLE 424 DSM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 423
TABLE 425 DSM: DEALS 424
14.1.9 INGREDION 426
TABLE 426 INGREDION: BUSINESS OVERVIEW 426
TABLE 427 INGREDION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 427
TABLE 428 INGREDION: DEALS 428
14.1.10 TATE & LYLE 430
TABLE 429 TATE & LYLE: BUSINESS OVERVIEW 430
TABLE 430 TATE & LYLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 431
TABLE 431 TATE & LYLE: PRODUCT LAUNCHES/DEVELOPMENTS/APPROVALS 432
TABLE 432 TATE & LYLE: DEALS 432
14.1.11 TEIJIN LIMITED 434
TABLE 433 TEIJIN LIMITED: BUSINESS OVERVIEW 434
TABLE 434 TEIJIN LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 435
TABLE 435 TEIJIN LIMITED: PRODUCT LAUNCHES/DEVELOPMENTS/APPROVALS 435
TABLE 436 TEIJIN LIMITED: EXPANSIONS 435
TABLE 437 TEIJIN LIMITED: OTHER DEVELOPMENTS 436
14.1.12 CHR. HANSEN A/S 437
TABLE 438 CHR. HANSEN A/S: BUSINESS OVERVIEW 437
TABLE 439 CHR. HANSEN A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED 438
TABLE 440 CHR. HANSEN A/S: DEALS 439
TABLE 441 CHR. HANSEN A/S: EXPANSIONS 440
14.1.13 GLANBIA PLC 441
TABLE 442 GLANBIA PLC: BUSINESS OVERVIEW 441
TABLE 443 GLANBIA PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 442
14.1.14 KEMIN INDUSTRIES, INC. 444
TABLE 444 KEMIN INDUSTRIES, INC.: BUSINESS OVERVIEW 444
TABLE 445 KEMIN INDUSTRIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 444
TABLE 446 KEMIN INDUSTRIES, INC.: PRODUCT LAUNCHES/DEVELOPMENTS/APPROVALS 445
TABLE 447 KEMIN INDUSTRIES, INC.: DEALS 445
TABLE 448 KEMIN INDUSTRIES, INC.: EXPANSIONS 446
TABLE 449 KEMIN INDUSTRIES, INC.: OTHER DEVELOPMENTS 447
14.1.15 BENEO 448
TABLE 450 BENEO: BUSINESS OVERVIEW 448
TABLE 451 BENEO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 448
TABLE 452 BENEO: EXPANSIONS 450
14.1.16 COSUN 451
TABLE 453 COSUN: BUSINESS OVERVIEW 451
TABLE 454 COSUN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 452
14.1.17 ROQUETTE FRÈRES 454
TABLE 455 ROQUETTE FRÈRES: BUSINESS OVERVIEW 454
TABLE 456 ROQUETTE FRÈRES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 454
TABLE 457 ROQUETTE FRÈRES: PRODUCT LAUNCHES/DEVELOPMENTS/APPROVALS 455
TABLE 458 ROQUETTE FRÈRES: EXPANSIONS 455
*Details on Business overview, Products/ Solutions/ Services offered, Recent Developments, Product launches/ developments/ approvals, Deals, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
14.2 OTHER PLAYERS 456
14.2.1 SOYLENT 456
TABLE 459 SOYLENT: COMPANY OVERVIEW 456
14.2.2 A&B INGREDIENTS, INC. 457
TABLE 460 A&B INGREDIENTS, INC.: COMPANY OVERVIEW 457
14.2.3 GOLDEN GRAIN GROUP LIMITED 458
TABLE 461 GOLDEN GRAIN GROUP LIMITED: COMPANY OVERVIEW 458
14.2.4 AMINOLA 459
TABLE 462 AMINOLA: COMPANY OVERVIEW 459
14.2.5 STRATUM NUTRITION 460
TABLE 463 STRATUM NUTRITION: COMPANY OVERVIEW 460
14.2.6 FOODCHEM INTERNATIONAL CORPORATION 461
TABLE 464 FOODCHEM INTERNATIONAL CORPORATION: COMPANY OVERVIEW 461
15 ADJACENT AND RELATED MARKETS 462
15.1 INTRODUCTION 462
TABLE 465 ADJACENT MARKETS TO FUNCTIONAL FOOD INGREDIENTS MARKET 462
15.2 LIMITATIONS 462
15.3 VITAMINS MARKET 462
15.3.1 MARKET DEFINITION 462
15.3.2 MARKET OVERVIEW 463
TABLE 466 VITAMINS MARKET, BY REGION, 2017–2022 (USD MILLION) 463
TABLE 467 VITAMINS MARKET, BY REGION, 2023–2028 (USD MILLION) 463
15.4 NUTRACEUTICAL INGREDIENTS MARKET 464
15.4.1 MARKET DEFINITION 464
15.4.2 MARKET OVERVIEW 464
TABLE 468 NUTRACEUTICAL INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION) 464
TABLE 469 NUTRACEUTICAL INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION) 464
16 APPENDIX 465
16.1 DISCUSSION GUIDE 465
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 472
16.3 CUSTOMIZATION OPTIONS 474
16.4 RELATED REPORTS 474
16.5 AUTHOR DETAILS 475