Functional Ingredients Market : Global Top Leading Companies, Trends, Revenue, Forecast Analysis, Challenges by 2028

Rising demand for nutraceuticals for disease risk reduction & for functional ingredients in personal care & pharmaceutical are some key factors driving market

VANCOUVER, BC, CANADA, March 21, 2022 /EINPresswire.com/ -- 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.

The latest market intelligence report, titled ‘Global Functional Ingredients Market’, is intended to provide the target audience with the necessary information about the global Functional Ingredients industry. The report comprises a detailed analysis of the vital elements of the Functional Ingredients market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors.

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Leading Companies of the Functional Ingredients Industry and Profiled in the Report are:
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)

The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.

Emergen Research has segmented the global functional ingredients on the basis of product, source, application, and region:

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

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Source Outlook (Volume, Tons, Revenue, USD Billion; 2018–2028)
Natural
Plant
Animal
Microbial
Synthetic

Application Outlook (Volume, Tons, Revenue, USD Billion; 2018–2028)
Pharmaceuticals
Food & Beverages
Animal Feed
Personal Care
Others

Some Key Highlights From the Report
Rice protein segment revenue is expected to expand at a significantly rapid CAGR during the forecast period. Customers' increasing awareness of nutritious foods is expected to boost demand for rice protein in a range of sporting and energy-related nutritional foods, which is expected to boost revenue growth of this segment.
Food & beverages segment is expected to lead in terms of revenue share over the forecast period. Increasing customers interest in functional ingredients that offer additional health and fitness benefits due to rising customer awareness regarding health and wellness and better nutritional health benefits.
North America is expected to account for a larger revenue share than other regional markets over the forecast period because of increased health issues and increased prevalence of diseases including diabetes, obesity, and digestive problems in countries in the region, demand for nutritious foods is increasing.

The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/functional-ingredients-market

Key Points of Functional Ingredients Market:
Extensive coverage of the analysis of the Functional Ingredients market
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Functional Ingredients market
Complete data about the key manufacturers and vendors in the Functional Ingredients market

Market Drivers:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Functional Ingredients products is expected to drive the demand for Functional Ingredients, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.

Regional Analysis:
The report sheds light on the region expected to dominate the Functional Ingredients market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Functional Ingredients market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

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Thank you for reading our report. Customization of this report is available in chapter-wise or region-wise sections. Kindly get in touch with us to know more about the report, and our team will provide excellent assistance.

About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Emergen Research
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