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How Are Functional Food Market Players Adapting To Changing Preferences Of Consumers?

Functional Food Market 2022 – Opportunities And Strategies – Forecast To 2030

Functional Food Market 2022 – Opportunities And Strategies – Global Forecast To 2030

The Business Research Company’s Functional Food Market 2022 – Opportunities And Strategies – Global Forecast To 2030

LONDON, GREATER LONDON, UK, July 4, 2022 / -- Manufacturers are offering new flavors in the functional food market to match the changing preferences of consumers. Also, manufacturers are focusing on balancing the functional benefits and flavor. According to the functional food market analysis, with advanced technology, manufacturers have made it possible to develop products that mask the unpleasant taste of certain functional ingredients. For instance, USA-based food products manufacturer Angie's Artisan Treats, LLC offers Gluten-free flavored kettle corn "BOOMCHICKAPOP" in rose flavor. As a food commodity that is abundant in probiotics, yogurt is the first preference for the consumers. A lactose-free yogurt NOLA Fit, a new lactase enzyme-based product, is produced as a functional food without compromising on taste.

The increase in the awareness of fitness among people and the growing number of health-conscious consumers are expected to drive the functional food market for functional food during the forecast period. Consumers are moving towards maintaining good health through various diets including keto and vegan, and fitness training including gyms. According to the functional food market overview, this shift is mainly because of the rise in sedentary jobs and busy lifestyles which are the major causes of diseases such as high blood pressure and diabetes. As a result of a balanced diet, many consumers are preferring convenience food and beverages that offer umpteen nutrition profile, thereby, driving the market for functional food during the forecast period.

Read more on the Global Functional Food Market Report

The functional food market size is expected to grow from $161.99 billion in 2020 to $228.79 billion in 2025 at a rate of 7.1%. The global functional food market share is expected to reach $228.79 billion in 2025 and $315.65 billion in 2030.

Major players covered in the global functional food industry are Nestle S.A, Danone, PepsiCo Inc., Kelloggs, Arla Foods.

TBRC’s functional foods market report is segmented by product type into bakery & cereals, dairy products, meat, fish & eggs, soy products, fats & oils, others, by application into sports nutrition, weight management, immunity, digestive health, clinical nutrition, cardio health, others, by ingredients into carotenoids, dietary fibers, fatty acids, minerals, prebiotics & probiotics, vitamins, others.

Functional Food Market 2022 - By Product Type (Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products, Fats & Oils), By Application (Sports Nutrition, Weight Management, Immunity, Digestive Health, Clinical Nutrition, Cardio Health), By Ingredients (Carotenoids, Dietary Fibers, Fatty Acids, Minerals, Prebiotics & Probiotics, Vitamins, Others), And By Region, Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides a functional food market overview, forecast functional food market size and growth for the whole market, functional food market segments, geographies, functional food market trends, functional food market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

Request for a Sample of the Global Functional Food Market Report

Not what you were looking for? Here is a list of similar reports by The Business Research Company:

Sports Nutrition Global Market Report 2022 – By Type (Protein Powder, ISO Drink Powder, Sports Supplements, RTD Protein Drinks, Sports Drinks, Energy Bars), By Raw Material (Animal Derived, Plant-Based, Mixed), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, Other Distribution Channels), By End-User (Commercial, Body Builders, Recreational Users, Athletes) – Market Size, Trends, And Global Forecast 2022-2026

Soy Protein Global Market Report 2022– By Product Type (Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Protein, Soy Flour, Grits, And Chunks), By Nature (Organic Soy Protein, Conventional Soy Protein), By Form (Powder, Ready to Drink, Bars, Capsules And Tablets), By Application (Bakery And Confectionery, Meat Alternatives, Functional Foods, Dairy Replacers, Infant Foods), By Distribution Channel (Specialty Store, Convenience Store, E-Commerce Or Online Sale Channel, Supermarket Or Hypermarket) – Market Size, Trends, And Global Forecast 2022-2026

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