Functional Foods Market Growth Factors and Share by Manufacturer 2021-2024

Posted on 2021-04-06 by researchinsights in Food & Beverage // 0 Comments

Felton, California , USA, Apr 06, 2021 — /EPR Network/ —

The global Functional Foods Market was appreciated at US$ 129.39 Billion in the year 2015. It is estimated to develop at a substantial CAGR for the duration of the prediction. Increasing awareness about fitness and proper nourishment among the customers are expected to drive the market above the following eight years. Nourishments are not only planned to fulfill someone’s appetite but also to abolish the sicknesses associated with the nourishment. These issues are expected to certainly drive the demand for worldwide business.

The Functional Food market on the source of Type of End Use could span Cardio Fitness, Gastrointestinal Fitness, Weight Administration, Scientific Nourishment, Immunity, Sporting nourishment and others. Additional subdivision involves definite uses on cancer, dropped stages of cholesterol, and optical diminishing arthritis.

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The end use subdivision of Gastrointestinal Fitness likely to observe the maximum CAGR of 8.6% above the subsequent years. The functional foods consists of nutrients for example zinc, amino acids glutamine, micronutrients vitamin A and arginine. Those projected to indorse gastrointestinal contaminations produced between people.

Global Functional Foods Product Outlook (Revenue, USD Billion, 2014 – 2024)

Carotenoids
Dietary fibre
Fatty acids
Minerals
Prebiotics & probiotic
Vitamins
Others

Global Functional Foods Application Outlook (Revenue, USD Billion, 2014 – 2024)

Bakery & Cereals
Dairy products
Meat, fish & eggs
Soy products
Fats & oils
Others

Global Functional Foods End-Use Outlook (Revenue, USD Billion, 2014 – 2024)

Sports Nutrition
Weight Management
Immunity
Digestive Health
Clinical Nutrition
Cardio Health
Others

Some of the important companies operating in the field on the global basis are Herbalife, BASF SE, Cargill, Nutri-Nation, GFR Pharma, General Mills Inc., Coca-Cola Co., Amway, and KFSU.

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The Functional Food market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S., Canada, and Mexico], Europe [France, Spain, Germany, U.K., Italy, Russia, and other European Union Nations], Asia Pacific [India, Japan, China, Indonesia, Malaysia, Philippines, Australia], Central & South America [Brazil], Middle East & Africa [South Africa].

By the source of geography, the market in the Asia Pacific headed the international business and was responsible for a market stake of more than 40% of entire income during the year 2015. It is likewise estimated to develop at an expected CAGR of 8.3% above the following eight years.

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