1. Market Research
  2. > Food Market Trends
  3. > Functional Food

The Business of Functional Food Products: Get Industry Insights

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
20 votes

Topics under Functional Food

Global Functional Food Industry Analysis

The world market for functional food and drinks (part of the global food industry) is expected to reach $130 billion by 2015, according to Global Industry Analysts. Market growth is fuelled by product innovation and increasingly health-conscious consumers with higher disposable incomes.

Functional foods are popular for their health benefits and nutrient content. These foods generally contain some ingredient(s) boasting health-optimizing properties, such as orange juice fortified with calcium for stronger bones, butter/margarine containing omega-3 oils to reduce cholesterol, and fermented foods containing live cultures for probiotic benefits. The Food and Drug Administration (FDA) checks the validity of claims made by companies regarding the health benefits of functional foods.

According to the American Dietetic Association (ADA), functional foods are enhanced or enriched to offer health benefits as part of a healthy balanced diet. Research is carried out to investigate any risks or benefits to individuals’ health regarding functional foods. These foods are used as part of a treatment of an existing medical condition but are also used as a preventative measure against disease. Functional foods generally demonstrate physiological benefits for consumers. They are bioactive in that they are not only nutritious but also reduce the risk of disease.

Key Market Segments

By 2013, global demand for nutraceutical ingredients is expected to rise over 6% a year to make this market segment worth almost $22 billion, close to 10% of the overall world nutritional product market, which is worth over $235 billion. Star products within this category include soy protein nutrients, omega-3 fatty acids, lutein, probiotics, glucosamine, minerals such as magnesium and calcium, and the increasingly popular coenzyme Q10 (this sector can also include sport nutritional products to help athletes perform better).

The world probiotics market, which is still in the early stages of its development, is expected to reach almost $29 billion in sales by 2015, according to Global Industry Analysts. The market is driven by changing health trends towards consumer responsibility for preventative healthcare. Ingredients such as probiotics are gaining increased recognition due to their health benefits (as well as their role in a healthy diet). Probiotics are used to promote optimal digestion, prevent allergies, reduce cholesterol and treat inflammation. 

The global carotenoids market is worth close to $1.2 billion, according to Freedonia. The market is predicted to show close to 2.5% yearly growth to reach almost $1.5 billion in 2018. Beta-carotene represents more than 20% of the market at present and is predicted to reach almost $335 million by 2018, growing by more than 3% a year. Lutein is worth slightly less at present and predicted to reach almost $210 million in the same period, growing at over 3.5% a year.

Read more »

Share
24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 900 reports

Functional Food Industry in the US and Europe

  • January 2015
    15 pages
  • Functional Food  

    Food  

  • United States  

    Europe  

View report >

Functional Food Industry in Asia - Forecast

  • November 2015
    142 pages
  • Functional Food  

    Food  

    Lactose-Free Fo...  

  • Asia  

    South Korea  

    Australia  

View report >

Functional Food Markets in Japan and the US

  • January 2015
    16 pages
  • Functional Food  

    Food  

  • Japan  

    United States  

View report >

Functional Food Industry in New Zealand and China

  • November 2016
    12 pages
  • Functional Food  

    Functional Food  

    Food  

  • New Zealand  

    China  

    Asia  

View report >

Weight Loss Statistics in the UK

  • January 2017
    9 pages
  • Weight Loss  

  • United Kingdom  

View report >

Glucagon Like Peptide 1 Receptor Activator Market in India

  • December 2016
    8 pages
  • Glucagon Like P...  

    Weight Loss  

  • India  

    World  

View report >

Weight Loss Supply in India

  • December 2016
    3 pages
  • Weight Loss  

  • India  

View report >

The future of the Food Industry

  • December 2016
    9 pages
  • Food  

    Food Allergy  

  • Europe  

    Netherlands  

    World  

View report >

Health Food Industry in Japan

  • November 2016
    2 pages
  • Health Food  

  • Japan  

    Asia  

View report >

Diet Food Market

  • November 2016
    2 pages
  • Diet Food  

    Nutraceutical  

    Functional Food  

View report >


About 600 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 5549)

Nutraceutical Ingredients Market by Type, Application, Form, Health Benefit, and Region - Global Forecast to 2022

Nutraceutical Ingredients Market by Type, Application, Form, Health Benefit, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • December 2016
  • by MarketsandMarkets

“Nutraceutical ingredients market is projected to grow at a CAGR of 7.5%” The nutraceutical ingredients market, estimated at USD 29.48 billion in 2016, is projected to grow at a CAGR of 7.5%, to reach ...

Flavonoids Market Size & Trend Analysis By Product (ant ...

December 2016 $ 4950

Isoflavones Market Analysis By Sources (soybeans), By A ...

December 2016 $ 4950

Functional Foods Market Analysis By Product (carotenoid ...

November 2016 $ 4950

Global Nutraceuticals - Consumer Healthcare

November 2016 $ 4950

Global Market Study On Dairy Nutritional And Nutraceuti ...

October 2016 $ 4900

Nutraceutical Ingredients: Global Market Intelligence ( ...

November 2016 $ 4675

Heart Health Ingredients: Global Market Intelligence (2 ...

November 2016 $ 4675

Sports Nutrition Ingredients: Global Market Intelligenc ...

November 2016 $ 4675

Sports Nutrition Products: Global Market Intelligence ( ...

November 2016 $ 4675

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.