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The functional food market is forecasted to grow by USD 127.46 bn during 2023-2028, accelerating at a CAGR of 7.66% during the forecast period. The report on the functional food market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising health awareness, rise in demand for new varieties of functional foods, and innovations in ingredients and technologies in functional food.
The functional food market is segmented as below:
By Distribution Channel
- Offline
- Online
By Product Type
- Dairy products
- Bakery and cereals
- Meat/fish and egg
- Soy products and others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the functional food market covers the following areas:
- Functional food market sizing
- Functional food market forecast
- Functional food market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global functional food market: Abbott Laboratories, Archer Daniels Midland Co., Arla Foods amba, Campbell Soup Co., Cargill Inc., Conagra Brands Inc., Danone SA, General Mills Inc., Good Source Foods Inc., Hildur Functional Foods Pvt. Ltd., Kellogg Co., Laird Superfood Inc., Meiji Holdings Co. Ltd., Mondelez International Inc., Nestle SA, PepsiCo Inc., Raisio plc, Roquette Freres SA, The Coca Cola Co., Tyson Foods Inc., and Unilever PLC.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is emergence of personalized nutrition.'
According to the report, one of the major drivers for this market is the rising health awareness.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abbott Laboratories
- Archer Daniels Midland Co.
- Arla Foods amba
- Campbell Soup Co.
- Cargill Inc.
- Conagra Brands Inc.
- Danone SA
- General Mills Inc.
- Good Source Foods Inc.
- Hildur Functional Foods Pvt. Ltd.
- Kellogg Co.
- Laird Superfood Inc.
- Meiji Holdings Co. Ltd.
- Mondelez International Inc.
- Nestle SA
- PepsiCo Inc.
- Raisio plc
- Roquette Freres SA
- The Coca Cola Co.
- Tyson Foods Inc.
- Unilever PLC