Advances in Functional Ingredients: Understanding the Market and Its Potential

4 min read
Rising demand for nutraceuticals for disease risk reduction and for functional ingredients in personal care and pharmaceutical industries are some key factors driving market growth
Functional Ingredients Market

Functional Ingredients Market

Emergen Research’s latest market research report focuses on the global Functional Ingredients market, and the report provides in-depth analysis of each of its major segments. The SWOT analysis and Porter’s Five Forces Analysis are some of the most important components of this report that provide insight into the highly competitive environment of the industry. Aside from revenue growth drivers & restraints, production & consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. The pandemic’s financial challenges have slowed down corporate growth across the board and impacted international supply lines. The market size, revenue growth rate, industry statistics, revenue splits by regional markets, gross margins, production costs, and product portfolios are all covered in reports about the global Functional Ingredients market. The most significant drivers, opportunities, trends, challenges, supply and demand ratios, production and consumption patterns, stringent regulatory frameworks, and a wide range of micro- and macro-economic factors are also highlighted in the report. The writers of the research have included qualitative and quantitative evaluations as well as projections for the key industry.

The global functional ingredients market size reached USD 67.94 Billion in 2020 and is expected to register a revenue CAGR of 6.3%, during the forecast period, according to latest analysis by Emergen Research. Some of the major factors driving global functional ingredients market revenue growth are rising demand for nutraceuticals for disease risk reduction and increasing demand for functional ingredients in personal care and pharmaceutical industries. Increasing demand for probiotics-based food and beverages is also expected to boost revenue growth of the market going ahead.

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Leading manufacturers profiled in the report:

Ingredion Incorporated, FMC Corporation, Archer Daniels Midland Company, Golden Grain Group Limited, Cargill Inc., Roquette Freres SA, Omega Protein Corporation, BASF SE, BENEO GmbH, and Zimitech, Inc. (Sugarlogix)

Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Target Audience of the Global Functional Ingredients Market Report:

  • Key Market Players
  • Investors
  • Venture capitalists
  • Small- and medium-sized and large enterprises
  • Third-party knowledge providers
  • Value-Added Resellers (VARs)
  • Global market producers, distributors, traders, and suppliers
  • Research organizations, consulting companies, and various alliances interested in this sector
  • Government bodies, independent regulatory authorities, and policymakers

For further details on this report, visit @ https://www.emergenresearch.com/industry-report/functional-ingredients-market

On the basis of type, the market is segmented into

  • Product Outlook (Volume, Tons, Revenue, USD Billion; 2018–2028)
    • Probiotics
    • Maltodextrin
    • Polydextrose
    • Pectin
    • Modified Starch
    • Conjugated Linoleic Acid
    • Protein Hydrolysate
    • Rice Protein
    • Mung Bean Protein
    • Omega-3 (EPA, DHA, ALA)
    • Omega-6
  • Source Outlook (Volume, Tons, Revenue, USD Billion; 2018–2028)
    • Natural
      1. Plant
      2. Animal
      3. Microbial
    • Synthetic
  • Application Outlook (Volume, Tons, Revenue, USD Billion; 2018–2028)
    • Pharmaceuticals
    • Food & Beverages
    • Animal Feed
    • Personal Care
    • Others

Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

Additional information offered by the report:

  • Along with a complete overview of the global Functional Ingredients market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Functional Ingredients market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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