Functional Food Ingredients Market is to grow by USD 48.06 billion from 2022 to 2027, Ajinomoto Co. Inc., AMCO Proteins, American International Chemical LLC, and more among key companies - Technavio

NEW YORK, Oct. 27, 2023 /PRNewswire/ -- The functional food ingredients market is expected to grow by USD 48.06 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 7.16% during the forecast period, according to Technavio. Increased demand for functional food ingredients from the probiotics segment is notably driving the functional food ingredients market. However, factors such as the High cost of functional foods may impede market growth. The market is segmented by application (food and beverages, pharmaceuticals, and others), product (probiotics and prebiotics, proteins and amino acid, dietary fibers, vitamins and minerals, and others), and geography (APAC, North America, Europe, Middle East and Africa, and South America). The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Sample Report.

We provide a detailed analysis of 20 companies operating in the functional food ingredients market including Ajinomoto Co. Inc., AMCO Proteins, American International Chemical LLC, Arla Foods amba, Associated British Foods Plc, BASF SE, Beneo GmbH, Bio Botanica Inc., Cargill Inc., Chr Hansen Holding AS, Cooperatie Koninklijke Cosun UA, Diana Food SAS, Givaudan SA, Ingredion Inc., International Flavors and Fragrances, Kemin Industries Inc., Kerry Group Plc, Koninklijke DSM NV, Tate and Lyle Plc, and Archer Daniels Midland Co. 

Functional Food Ingredients Market 2023-2027: Company Analysis

Ajinomoto- The company offers functional food ingredients, namely AJI-NO-MOTO.

This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information

Functional Food Ingredients Market 2023-2027: Segmentation

Product

• The market share growth by the probiotics and prebiotics segment will be significant during the forecast period. Probiotics, which are found extensively in yogurt, buttermilk, Greek yogurt, and other fermented dairy products, are live organisms, such as Lactobacillus, Bifidobacterium, and Enterococcus. Functional food ingredients such as prebiotics, present in many fruits and vegetables, are considered to offer significant benefits.

• Application (food and beverages, pharmaceuticals, and others)

Geography 

• APAC is projected to contribute 37% by 2027. The presence of a large number of functional food ingredient and food additives manufacturers in the Asia Pacific region can be attributed to market growth. The key revenue-producing countries in the region are China, Japan, India, and South Korea.

• North America, Europe, Middle East and Africa, and South America

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report

Related Reports:

Nutraceutical Ingredients Market size is estimated to grow by USD 11.16 billion between 2022 and 2027 accelerating at a CAGR of 4.48% during the forecast period.

The starch derivatives market size is estimated to grow at a CAGR of 4.66% between 2022 and 2027. The market size is forecast to increase by USD 57.08 billion.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by Application

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio