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Functional Foods and Drinks - Global Strategic Business Report

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    Report

  • 768 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 344056

Global Functional Foods and Drinks Market to Reach $428.5 Billion by 2030

The global market for Functional Foods and Drinks estimated at US$238.1 Billion in the year 2022, is projected to reach a revised size of US$428.5 Billion by 2030, growing at a CAGR of 7.6% over the analysis period 2022-2030. Beverages, one of the segments analyzed in the report, is projected to record 8.4% CAGR and reach US$180.3 Billion by the end of the analysis period. Growth in the Dairy Products segment is estimated at 7.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $73 Billion, While China is Forecast to Grow at 9.8% CAGR

The Functional Foods and Drinks market in the U.S. is estimated at US$73 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$62.6 Billion by the year 2030 trailing a CAGR of 9.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 6.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR.

Select Competitors (Total 306 Featured)

  • Abbott Nutrition
  • ABF Ingredients
  • Amway Corporation
  • Archer Daniels Midland Company
  • Arla Foods amba
  • BASF SE
  • Ceapro, Inc.
  • Celsius Holdings, Inc.
  • Coca-Cola Co.
  • Dali Foods Group Co., Ltd.
  • Danone SA
  • Del Monte Pacific Limited (DMPL)
  • Dymatize Enterprises, LLC
  • General Mills, Inc.
  • Glanbia Nutritionals Limited
  • Glanbia Plc
  • GNC Holdings, LLC
  • Herbalife International, Inc.
  • Kellogg Company
  • Keurig Dr Pepper
  • MaxiNutrition
  • Meiji Holdings Co., Ltd.
  • Monster Beverage Corporation
  • Natural Products, Inc.
  • Nestlé S.A.
  • Novozymes A/S
  • Otsuka Pharmaceutical Co., Ltd.
  • PepsiCo Inc.
  • Post Holdings, Inc.
  • Rockstar Inc.
  • Royal FrieslandCampina N.V.
  • Suntory Holdings Limited
  • TC Pharmaceutical Industries Co., Ltd.
  • The Hain Celestial Group, Inc.
  • The Quaker Oats Company, Inc.
  • Unilever plc
  • Valio Ltd.
  • Yakult Honsha Co., Ltd.

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Functional Foods and Drinks Market

What is the estimated value of the Functional Foods and Drinks Market?

The Functional Foods and Drinks Market was estimated to be valued at $238.1 Billion in 2022.

What is the growth rate of the Functional Foods and Drinks Market?

The growth rate of the Functional Foods and Drinks Market is 7.6%, with an estimated value of $428.5 Billion by 2030.

What is the forecasted size of the Functional Foods and Drinks Market?

The Functional Foods and Drinks Market is estimated to be worth $428.5 Billion by 2030.

Who are the key companies in the Functional Foods and Drinks Market?

Key companies in the Functional Foods and Drinks Market include Abbott Nutrition, ABF Ingredients, Amway Corporation, Archer Daniels Midland Company, Arla Foods amba, BASF SE, Ceapro, Inc., Celsius Holdings, Inc., Coca and Cola Co..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and Global Economic Update
  • From Pandemic to War & Inflation: “Gloomy Outlook for 2023 Despite Signs of Easing Inflationary Conditions
  • Here’s How Inflationary Pressures Affect the Economy
  • Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
  • Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should Continue
  • Here’s What’s Causing Inflationary Pressures in the Global Market
  • Shaken by the War, Global Oil Prices Spiral and Feed Inflationary Pressures, Guiding the World Towards a Cost of Living Crisis: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • War-Induced Commodity Price Increases & Broad Based Price Pressures Mark the Return of Global Inflation to the Highest Level Seen Since 1996: Global Inflation Rates (In %) for the Years 2019 Through 2024
  • Although Facing a Lower Recession Risk, Global Economic Growth in 2023 to Slowdown Amid War, Inflation, Elevated Interest Rates & Marginal Easing of Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Recession Triggered by Uncontrolled Inflation or Unemployment, Which is the Greater Evil? Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • From Food Security to Health Security, the Pandemic Sends Functional Foods Cruising Down a New Road of Opportunity
  • Pandemics in Recent History
  • Pandemic Triggered Health & Wellness Trend Catalyzes Growth of Global Functional Foods & Drinks Market
  • A Prelude to Functional Foods and Beverages
  • Global Market Prospects and Outlook
  • Wellness Concerns and Nutrition Focus Bolster the Global Functional Foods Market
  • Growth Drivers in a Nutshell
  • Changing Lifestyles Spawn Innovation in Identities of Product Categories
  • More to the Market: Functional Foods Meet the Plate and Palate
  • Geographic Market Analysis
  • Developing Countries Spearhead Current and Future Market Growth
  • The Dominance of Asia-Pacific in the Functional Food Market
  • Factors Restraining Growth
  • Competition
  • Functional Foods and Drinks: A Fragmented Market
  • Consolidation Continues to Shape the Market Landscape
  • Regional and Cultural Customization: Important for Success in the Emerging Markets
  • Strong Research Backup and Media Publicity: Key Product Differentiators
  • Pharmaceutical and Food Companies Join the Bandwagon
  • Functional Foods and Drinks - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • The Top Functional Food Trends
  • Growing Focus on Healthier Lifestyles to Boost Growth
  • Rising focus on immune boosters
  • Nutrient-Enriched Foods: A Growing Preference among Consumers
  • Focus Grows on Natural Foods and Clean Label
  • Consistent Growth for Cannabidiol (CBD)
  • Growing Focus on Digestive Health and Wellness Augurs Well for Market Growth
  • Probiotics Remain the Preferred Ingredient for Gut Health Foods
  • Global Market for Digestive Health Food & Drinks by Ingredients: 2022
  • Dairy-Based Functional Yogurt: The Most Popular Probiotic Food
  • Protein-Fortified Products Rise in Demand
  • Consumers Pay Attention to Food Processing
  • Entry of Fat in Dietary Stage Show as Humble Participant Presents New Growth Avenues for Functional Food & Drinks Market
  • Organic Functional Foods: Crossover of Organics and Functional Foods
  • Mood Enhancers Gain Momentum
  • Cereals and Grains: A Steadily Growing Functional Food Category
  • Personalization and Fragmentation Transform the Market
  • Nanotechnology Evolves as a Boon for Functional Food Manufacturers
  • Nanoencapsulation Improves Delivery and Bioavailability
  • Emergence of Fit & Active Consumer Drives Sports Nutrition Market Mainstream
  • Global Functional Drinks Market by Segment: 2022
  • Number of Health and Fitness Clubs Worldwide (in Thousands): 2009-2023
  • More Natural, Organic and Functional Versions to Drive Energy Drinks Growth
  • Soy-based Functional Beverages Become Mainstream, Bodes Well for the Market
  • Antioxidants Gain Importance in Functional Beverages
  • Growing Popularity of Waters Tapped from Fruits and Trees
  • Plant-Centric Demand to Buoy Functional Foods & Drinks Market
  • Plants in Convenient Formats
  • Plant Milk for Digestive Wellness
  • Plant-based Burgers
  • Evolution of Omega-3 as the Most Popular Heart-Healthy Ingredient Drive Demand for Marine Functional Food Ingredients
  • Health Benefits of Few Marine-derived Functional Food Ingredients
  • Myriad Benefits of Beta Carotene Drive Applications in Health and Functional Foods
  • Superior Attributes of Functional Snacks and Bars over Traditional Bar Drive Healthy Demand
  • Growing Prominence of Functional Foods and Drinks in Weight Management Augurs Well for Market Demand
  • Global Obesity Epidemic: Percentage of Overweight, Obese, andSeverely Obese Adults for 2014 & 2025
  • Innovations Drive Market Expansion
  • Select Innovations & Advancements
  • Innovation with Functional Drink Promises
  • Convenience without Compromising Health
  • Digital Marketing Opens Up New Avenues of Growth
  • Demographic Drivers
  • Millennials Inclination towards Fitness and the Ensuing Focus on Functional Foods and Drinks Drive Market Gains
  • Global Millenials Population Spread by Region : 2022
  • Millennial Population as a Percentage (%) of Total Population in Select Countries: 2022
  • Focus of Young Women on Healthy Living Due to Increasing Spending Power and Delayed Motherhood Benefit Market Expansion
  • Bone and Heart Health Functional Food Witness Heightened Interest from the Aging Population
  • Global Population Statistics for 65+ Age Group by Region: 2019 and 2050
  • Increasing Incidence of Chronic Diseases Boosts Demand for Functional Foods and Drinks
  • Global Annual Medical Cost of CVD in US$ Billion: 2010, 2015, 2020, 2025, and 2030
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • Increasing Cancer Incidence and Growing Interest in Functional Foods
  • Worldwide Incidence of Cancer (2013, 2020 & 2030): Number of New Cases Diagnosed
  • Increasing Healthcare Costs and the Resulting Need for Preventive Medication Benefit Demand for Functional Foods and Drinks
  • Healthcare Expenditure as a % of GDP by Region for 2019
  • Growing Middle Class Population Propels
  • Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
  • Functional F&B Market Challenges
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Functional Foods and Drinks Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Functional Foods and Drinks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Functional Foods and Drinks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 4: World 16-Year Perspective for Functional Foods and Drinks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 7: World 16-Year Perspective for Beverages by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Dairy Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Dairy Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 10: World 16-Year Perspective for Dairy Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Cereals & Grains by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Cereals & Grains by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 13: World 16-Year Perspective for Cereals & Grains by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Snacks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Snacks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 16: World 16-Year Perspective for Snacks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 19: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Dietary Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Dietary Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 22: World 16-Year Perspective for Dietary Fibers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Vitamins by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Vitamins by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 25: World 16-Year Perspective for Vitamins by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Minerals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Minerals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 28: World 16-Year Perspective for Minerals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Carotenoids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Carotenoids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 31: World 16-Year Perspective for Carotenoids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 32: World Recent Past, Current & Future Analysis for Fatty Acids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 33: World Historic Review for Fatty Acids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 34: World 16-Year Perspective for Fatty Acids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 35: World Recent Past, Current & Future Analysis for Prebiotics & Probiotics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 36: World Historic Review for Prebiotics & Probiotics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 37: World 16-Year Perspective for Prebiotics & Probiotics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 38: World Recent Past, Current & Future Analysis for Other Ingredients by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 39: World Historic Review for Other Ingredients by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 40: World 16-Year Perspective for Other Ingredients by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Market Overview
  • Covid-19 Triggers Interest in Immunity Boosting Diet
  • Other Factors Driving Growth
  • Factors Restraining Growth
  • Rise in Popularity of Healthy Functional Beverages
  • Sports and Energy Drinks: A Dominant Market
  • Performance and Nutritional Drinks Steadily Replace Traditional Meals
  • Baby Boom Opens New Window of Opportunity for Functional Foods & Drinks for Kid’s Health
  • Rise in Demand for Products that Promote Gut and Digestive Health
  • Consumers Watch Diets for Different Aspects
  • Health Concerns among American Consumers
  • Aging Population: A Prime Target for Functional Food Makers
  • Population of 65+ Age Group (in Thousands) in the US for 2019 and 2030
  • Regulatory Environment
  • CANADA
  • Market Overview
  • A Key Supplier for Functional Ingredients and Foods
  • JAPAN
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Market Overview
  • Aging Population: A Prime Target for Functional Food Makers
  • Japanese Elderly (65+ Years) Population: 2000-2050
  • CHINA
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Market Overview
  • EUROPE
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Consumer Focus on Health and Wellness Boost Growth Prospects
  • Functional Drinks with Herbal Extracts Hold Strong Potential
  • Changing Demographics Propel Market Growth
  • European Population By Age Group (2020 & 2040): Percentage Share Breakdown of Age Groups 0-19, 20-39, 40-59, 60-79, and 80+
  • Demand for Yogurt Drinks on Rise
  • FRANCE
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Market Overview
  • GERMANY
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Increasing Focus on Health and Wellness Drive Market Demand
  • Market Share of Leading Functional Drink Companies in Germany (2022)
  • ITALY
  • UNITED KINGDOM
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Market Overview
  • Regulatory Environment
  • SPAIN
  • Market Overview
  • RUSSIA
  • Market Overview
  • REST OF EUROPE
  • Austria
  • Finland
  • ASIA-PACIFIC
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Market Overview
  • Challenges Confronting the Market
  • AUSTRALIA
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
  • INDIA
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • Lucrative Opportunities for Functional Foods and Drinks
  • Factors Restraining Growth
  • SOUTH KOREA
  • Market Overview
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • Market Overview
  • ARGENTINA
  • BRAZIL
  • Market Overview
  • MEXICO
  • Market Overview
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
  • Functional Foods and Drinks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Abbott Nutrition
  • ABF Ingredients
  • Amway Corporation
  • Archer Daniels Midland Company
  • Arla Foods amba
  • BASF SE
  • Ceapro, Inc.
  • Celsius Holdings, Inc.
  • Coca-Cola Co.
  • Dali Foods Group Co., Ltd.
  • Danone SA
  • Del Monte Pacific Limited (DMPL)
  • Dymatize Enterprises, LLC
  • General Mills, Inc.
  • Glanbia Nutritionals Limited
  • Glanbia Plc
  • GNC Holdings, LLC
  • Herbalife International, Inc.
  • Kellogg Company
  • Keurig Dr Pepper
  • MaxiNutrition
  • Meiji Holdings Co., Ltd.
  • Monster Beverage Corporation
  • Natural Products, Inc.
  • Nestlé S.A.
  • Novozymes A/S
  • Otsuka Pharmaceutical Co., Ltd.
  • PepsiCo Inc.
  • Post Holdings, Inc.
  • Rockstar Inc.
  • Royal FrieslandCampina N.V.
  • Suntory Holdings Limited
  • TC Pharmaceutical Industries Co., Ltd.
  • The Hain Celestial Group, Inc.
  • The Quaker Oats Company, Inc.
  • Unilever plc
  • Valio Ltd.
  • Yakult Honsha Co., Ltd.