Public health initiatives have strengthened and hence fueled the Global Functional Food Ingredients Market says, Fortune Business Insights in a report titled “Market Size, Share and Global Trend By Type (Vitamins, Minerals, Prebiotics, Probiotics, Hydrocolloids, Essential Oils, Omega Fatty Acids, Carotenoids), Purpose (Weight Management, Digestive Health, Cardio Health), Application (Beverages, Bakery, Dairy, Snacks) and Geography Forecast till 2026”. The development and commercial aspects of functional food ingredients are predicted to boost the global market
Rise in Consumption of Healthy and Fortified Food to Drive The Growth Of Functional Food Ingredients market
Fortified food items is one of the fast-growing, health-driven, and wellness food & beverage categories globally, followed by organically and naturally prepared food items. The rise in consumption of functional foods and beverages with altering consumer behavior is predicted to drive the functional food ingredients industry in the forthcoming year. Moreover, the rising demand from the persistently expanding end-use industries such as bakery, confectionery, dairy, baby food and meat products, is expected to promote market growth. The improvement in food standards has resulted in extensive R&D operations related to bioactive ingredients. The rising production capacity of companies operating in this market will also aid in its expansion.
Some of the key companies that are present in the global market are
- BASF SE,
- Archer Daniels Midland Company,
- Kerry Group,
- Ingredion Incorporated,
- Global Specialty Ingredients (GSI)
Awareness Risks Associated with Unhealthy Lifestyle to Boost Market
The global market for functional food ingredients will witness high demand for Vitamins, Minerals, Prebiotics, Probiotics, Hydrocolloids, Essential Oils, Omega Fatty Acids, Carotenoids. The increasing demand for a wide-range of nutrient-dense diet, which include vitamins, minerals and omega fatty acids is boosting the global market.
The increasing inclination towards the consumption of protein-rich and healthy breakfast to avoid diseases, resulting from an unhealthy lifestyle, is likely to fuel the demand for amino and proteins in the forthcoming years. The use of vitamins, minerals and omega-3 fatty acids is expected to grow significantly in the coming years, due to the rising awareness about the health benefits.
- Essential Oils
- Omega Fatty Acids
- Weight Management
- Digestive Health
- Cardio Health
- North America (U.S., Canada, and Mexico)
- Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
- South America (Brazil, Argentina, and Rest of South America)
- Middle East & Africa (South Africa and Rest of ME&A)