The Functional Foods Global Market Report 2023, provides comprehensive information on the functional foods market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Functional Foods Market’s Growth:
https://www.thebusinessresearchcompany.com/report/functional-foods-global-market-report
As per The Business Research Company’s Functional Foods Global Market Report 2023, the global functional foods market size will grow from $203.64 billion in 2022 to $229.7 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global functional foods market size is expected to grow from $354.96 billion in 2027 at a CAGR of 11.5%.
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The functional foods market is segmented:
1) By Product Type: Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products, Fats & Oils, Other Product Types
2) By Ingredients: Carotenoids, Dietary Fibers, Fatty Acids, Minerals, Prebiotics & Probiotics, Vitamins, Other Ingerdients
3) By Application: Sports Nutrition, Weight Management, Immunity, Digestive Health, Clinical Nutrition, Cardio Health, Other Applications
Asia-Pacific was the largest region in the functional foods market in 2022.
The table of contents in TBRC’s functional foods market report includes:
1. Executive Summary
2. Functional Foods Market Characteristics
3. Functional Foods Market Trends And Strategies
4. Impact Of COVID-19 On Functional Foods Market
5. Functional Foods Market Size And Growth
…
27. Competitive Landscape And Company Profiles Of The Functional Foods Market
28. Key Mergers And Acquisitions Of The Functional Foods Market
29. Future Outlook and Potential Analysis Of The Functional Foods Market
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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