Description

The global functional foods and beverages market is poised to grow by US$ 133.8 billion from 2022 to 2028, registering a CAGR of 8.3% during the forecast period, according to StrategyHelix.

The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value for functional foods and beverages. The global functional foods and beverages market is segmented on the basis of product, source, ingredient, function, and region. By product, the global functional foods and beverages market has been segmented into functional beverages, functional foods. In 2021, the functional beverages segment made up the largest share of revenue generated by the functional foods and beverages market. Based upon source, the global functional foods and beverages market is categorized into animal-based, microbial-based, plant-based. The plant-based segment was the largest contributor to the global functional foods and beverages market in 2021. On the basis of ingredient, the global functional foods and beverages market has been segmented into amino acids, carotenoids, dietary fibers, fatty acids, phytochemicals, vitamins and minerals, others. The vitamins and minerals segment is estimated to account for the largest share of the global functional foods and beverages market. By function, the global functional foods and beverages market has been segmented into cardiac health, cognitive health, general wellness and immunity, gut and digestive health, weight management, others. The general wellness and immunity segment held the largest share of the global functional foods and beverages market in 2021 and is anticipated to hold its share during the forecast period. In terms of geography, the global functional foods and beverages market has been segmented into Asia Pacific, Europe, North America, Rest of the World (RoW).

The functional beverages market is further segmented into dairy drinkable, energy drinks, fruit and vegetable juices, prebiotic and probiotic drinks, tea and coffee, and others. Among these, the prebiotic and probiotic drinks segment was accounted for the highest revenue generator in 2021. Furthermore, the functional foods market has been categorized into bakery and confectionery, cereals and flour, dairy non-drinkable, frozen fruits and vegetables, meat and seafood, sweet and savory snacks, and others. The bakery and confectionery segment captured the largest share of the market in 2021 and is expected to maintain its dominance during the forecast period.

The global functional foods and beverages market is highly competitive. The key players in the functional foods and beverages market include Abbott Laboratories, Danone S.A., Enervit SpA, General Mills Inc., Glanbia Plc, GSK plc, Kerry Group plc, Kirkman Group Inc., Lallemand Inc., Meiji Holdings Co. Ltd., Morinaga Milk Industry Co. Ltd., Nestle S.A., Omega Protein Corporation, PepsiCo Inc., Suntory Holdings Limited, The Coca-Cola Company, The Hain Celestial Group Inc., The Kraft Heinz Company, Unilever plc, V V Food & Beverage Co. Ltd., Yakult Honsha Co. Ltd. Competitive landscape gives a description of the competitive nature of the global functional foods and beverages market and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the functional foods and beverages market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

Report Scope

Product: functional beverages, functional foods
Source: animal-based, microbial-based, plant-based
Ingredient: amino acids, carotenoids, dietary fibers, fatty acids, phytochemicals, vitamins and minerals, others
Function: cardiac health, cognitive health, general wellness and immunity, gut and digestive health, weight management, others
Region: Asia Pacific, Europe, North America, Rest of the World (RoW)
Years considered: this report covers the period 2018 to 2028
Company mentioned: Abbott Laboratories, Danone S.A., Enervit SpA, General Mills Inc., Glanbia Plc, GSK plc, Kerry Group plc, Kirkman Group Inc., Lallemand Inc., Meiji Holdings Co. Ltd., Morinaga Milk Industry Co. Ltd., Nestle S.A., Omega Protein Corporation, PepsiCo Inc., Suntory Holdings Limited, The Coca-Cola Company, The Hain Celestial Group Inc., The Kraft Heinz Company, Unilever plc, V V Food & Beverage Co. Ltd., Yakult Honsha Co. Ltd.

Key Benefits for Stakeholders

– Get a comprehensive picture of the global functional foods and beverages market
– Pinpoint growth sectors and trends for investment

Table of Contents

Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Functional foods and beverages market overview
Part 3. Market breakdown by product
– Functional beverages
– Functional foods
Part 4. Market breakdown by source
– Animal-based
– Microbial-based
– Plant-based
Part 5. Market breakdown by ingredient
– Amino acids
– Carotenoids
– Dietary fibers
– Fatty acids
– Phytochemicals
– Vitamins and minerals
– Others
Part 6. Market breakdown by function
– Cardiac health
– Cognitive health
– General wellness and immunity
– Gut and digestive health
– Weight management
– Others
Part 7. Market breakdown by region
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)
Part 8. Key companies
– Abbott Laboratories
– Danone S.A.
– Enervit SpA
– General Mills, Inc.
– Glanbia, Plc
– GSK plc
– Kerry Group plc
– Kirkman Group, Inc.
– Lallemand Inc.
– Meiji Holdings Co., Ltd.
– Morinaga Milk Industry Co., Ltd.
– Nestle S.A.
– Omega Protein Corporation
– PepsiCo, Inc.
– Suntory Holdings Limited
– The Coca-Cola Company
– The Hain Celestial Group, Inc.
– The Kraft Heinz Company
– Unilever plc
– V V Food & Beverage Co., Ltd.
– Yakult Honsha Co., Ltd.
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