Functional foods provide additional benefits beyond the basic nutrition. An oatmeal can be taken as a good example for it, which provides soluble fibres beneficial for keeping the cholesterol levels low. These foods are named as functional foods because they are produced using a specific functional ingredient. But functional foods should never be used as a substitute to the proper balanced diet. Functional constituents like omega-3, probiotics etc. are widely used in some regular foods like fish oils, yoghurt etc. The functional foods can play an important role in some predominant chronic diseases like Diabetes and cardio vascular diseases during the forecast period.
Factors such as increasing geriatric population, unhealthy life style of the millennials as well as the post millennials and increase in the rate of chronic diseases since a very early age are some major reasons for the growth of global functional foods market. The present changing scenario of slowly raising awareness in the young masses regarding fitness and a balanced diet, would affect the market for functional foods positively during the forecast period. In addition, the rising awareness among people regarding the gut health, in light of the recent increase in fatal incidents due to intestinal inflammation is also an important driver for the global functional foods market. Moreover, the increasing purchasing power of the consumers along with a rise in the healthcare expenditure, has given the further required boost for the market. The food safety regulations coupled with the limited health benefits of the functional foods as compared to the claimed amount of benefits by the sellers is one of the major restraining factors for the global functional foods market.
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Various notable players in the market includes Cargill Inc., Coca-Cola Co., Unilever, General mills Inc., Nestle, Kellogg Company, Dr Pepper Snapple Group, Arla Foods, Dean Foods and Murray Goulburn among others.
The Global Functional Foods Market has been segmented by product ingredient, by food products, by application and key geographies. Based on product ingredient the market comprises of probiotics, dietary fibre, carotenoids, prebiotics, fatty acids, minerals and others. The research report “Global functional foods market” provides in-depth analysis of the global functional foods market based on product ingredient, food products, application and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global functional foods market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
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Key questions answered in this research report:
1- At what pace is global functional foods market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global functional foods market?
4- What are the various application areas and how they are poised to grow?
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