The global functional ingredients market size reached USD 67.94 Billion in 2020 and is expected to register a revenue CAGR of 6.3%, during the forecast period, according to latest analysis by Emergen Research. Some of the major factors driving global functional ingredients market revenue growth are rising demand for nutraceuticals for disease risk reduction and increasing demand for functional ingredients in personal care and pharmaceutical industries. Increasing demand for probiotics-based food and beverages is also expected to boost revenue growth of the market going ahead.
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The global Functional Ingredients market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Functional Ingredients market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Leading companies profiled in the report:
Ingredion Incorporated, FMC Corporation, Archer Daniels Midland Company, Golden Grain Group Limited, Cargill Inc., Roquette Freres SA, Omega Protein Corporation, BASF SE, BENEO GmbH, and Zimitech, Inc. (Sugarlogix)
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On the basis of type, the market is segmented into
Product Outlook (Volume, Tons, Revenue, USD Billion; 2018–2028)
Probiotics
Maltodextrin
Polydextrose
Pectin
Modified Starch
Conjugated Linoleic Acid
Protein Hydrolysate
Rice Protein
Mung Bean Protein
Omega-3 (EPA, DHA, ALA)
Omega-6
Source Outlook (Volume, Tons, Revenue, USD Billion; 2018–2028)
NaturalPlant
Animal
Microbial
Synthetic
Application Outlook (Volume, Tons, Revenue, USD Billion; 2018–2028)
Pharmaceuticals
Food & Beverages
Animal Feed
Personal Care
Others
In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter’s Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.
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