Functional ingredients consists of food components that are intended to enhance a product’s nutritional profile by offering benefits beyond their primary function. The ingredients are designed to offer benefits such as weight loss, heart health, immune system support, gastrointestinal support, and more. These ingredients are gaining popularity as people become more conscious of their overall health and seek well-balanced diets. Functional ingredients can be added to a variety of food products to enhance their nutritional value, such as smoothies, protein shakes, dairy alternatives, and other healthy snacks.

Market Dynamics:

The global functional ingredients market is growing as consumers increasingly looking for nutritious convenience foods. This has led to a rise in the production of fortified foods, which is augmenting the growth of the market. The increasing preference of consumers towards probiotics, prebiotics, essential oils, and hydrocolloids is also fostering growth of this market. In addition, the growing trend of clean label or organic food items is again propelling the demand for these ingredients. Consumers are looking for foods and beverages that contain high-quality nutrients, are free from additives, and are gluten-free or GMO-free. In order to cater to the demand for such products, manufacturers are incorporating these ingredients into their products, thereby fueling market growth.

On the other hand, strict regulations regarding the commercialization of functional food is expected to hamper the market growth.

Key features of the study:

• This report provides in-depth analysis of the global functional ingredients market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global functional ingredients market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Archer Daniels Midland Company Cargill, Incorporated, E. I. du Pont de Nemours and Company, Ingredion Incorporated Koninklijke DSM N.V., Tate & Lyle plc FMC Corporation, and Omega Protein Corporation
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global functional ingredients market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global functional ingredients market

Detailed Segmentation:

• Global Functional Ingredients Market, By Product
  • Maltodextrin
  • Probiotics
  • Polydextrose
  • Modified Starch
  • Pectin
  • Omega-3 (EPA, DHA, ALA)
  • Omega-6
  • Conjugated Linoleic Acid
  • Rice Protein
  • Protein Hydrolysate
  • Mung Bean Protein
• Global Functional Ingredients Market, By Application
  • Food & Beverages
  • Personal Care
  • Pharmaceuticals
  • Animal Feed
  • Other
• Global Functional Ingredients Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles
  • Archer Daniels Midland Company Cargill, Incorporated
  • E. I. du Pont de Nemours and Company
  • Ingredion Incorporated Koninklijke DSM N.V.
  • Tate & Lyle plc FMC Corporation
  • Omega Protein Corporation