Market for Functional Food Ingredients Industry is Booming on Health and Wellness Trends
Source: The DairyNews
Functional food ingredients are bioactive compounds that are added to food or beverages to promote health benefits beyond basic nutrition. These ingredients can be derived from a variety of sources, including plants, animals, microorganisms, and minerals.
The global functional food ingredients market size, valued at USD 119.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 165.8 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 6.8% during the forecast period.
Some common examples of functional food ingredients include:
Essential part of daily life: Food provides a natural and convenient way to incorporate functional ingredients into consumers' diets.
Versatility: Functional ingredients can be seamlessly integrated into various food categories like bakery, confectionery, dairy, and savory snacks, without significantly altering taste or texture.
Streamlined regulations: Regulatory processes for functional ingredients in food products are generally less stringent compared to beverages and nutraceuticals, allowing for faster product development and market entry.
MarketsandMarkets Research Pvt. Ltd.
Some common examples of functional food ingredients include:
- Probiotics: Live bacteria that can improve gut health. Probiotics are found in yogurt, kefir, kimchi, and some sauerkraut.
- Prebiotics: Non-digestible fibers that feed probiotics and promote gut health. Prebiotics are found in fruits, vegetables, whole grains, and legumes.
- Fiber: Dietary fiber can help with digestion, weight management, and blood sugar control. Fiber is found in fruits, vegetables, whole grains, and legumes.
- Omega-3 fatty acids: These healthy fats can improve heart health, brain function, and reduce inflammation. Omega-3 fatty acids are found in fatty fish, flaxseeds, chia seeds, and walnuts.
- Antioxidants: These compounds can protect cells from damage and may reduce the risk of chronic diseases such as cancer and heart disease. Antioxidants are found in fruits, vegetables, whole grains, and nuts.
Essential part of daily life: Food provides a natural and convenient way to incorporate functional ingredients into consumers' diets.
Versatility: Functional ingredients can be seamlessly integrated into various food categories like bakery, confectionery, dairy, and savory snacks, without significantly altering taste or texture.
Streamlined regulations: Regulatory processes for functional ingredients in food products are generally less stringent compared to beverages and nutraceuticals, allowing for faster product development and market entry.
MarketsandMarkets Research Pvt. Ltd.
