Latest News- Functional Food Ingredients Market: Probiotics and prebiotics is expected to lead the Product segment during 2025-2029

The Functional Food Ingredients Market is being driven by Increased demand for functional food ingredients from probiotics segment

The Functional Food Ingredients Market is expected to grow at a CAGR of 7.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 59.1 billion. In the functional food ingredients market, omega-3 fatty acids derived from fish oils and scales face consumer resistance due to their undesirable odor and taste. To address this challenge, manufacturers are exploring alternative sources, such as algae, krill (zooplankton), and genetically modified (GM) plants. The global demand for omega-3-based products continues to surge due to their health benefits in preventing diseases like arrhythmias, thrombosis, high blood pressure, and inflammation. The US Food and Drug Administration (FDA) has approved eicosatetraenoic acid and docosahexaenoic acid omega-3 fatty acids from these alternative sources for consumption. Consequently, the increasing consumer preference for omega-3 fatty acids and the identification of new sources are expected to fuel the growth of the global functional food ingredients market during the forecast period. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Probiotics and prebiotics
  • Proteins and amino acid
  • Dietary fibers
  • Vitamins and minerals
  • Others
• Application
  • Food and beverages
  • Pharmaceuticals
  • Others
• Source
  • Natural
  • Synthetic
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increased demand for functional food ingredients from probiotics segment
• Rising health awareness
• Rise in demand for new varieties of functional foods

However, the market also witnesses some limitations, which are as follows:

• High cost of functional foods
• Stringent regulations on use of synthetic food ingredients
• Side effects of food additives

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Market Scope in Functional Food Ingredients Market Research Report

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Research Analysis Overview

The Functional Food Ingredients Market encompasses various components including Gut microbiome, Superfruit extracts, Plant-based proteins, Collagen peptides, Green tea extract, Ginkgo biloba, Goji berries, Hemp seed, Chia seeds, Flax seeds, Ancient grains, and more. Immune boosting ingredients, Sports nutrition elements, Natural food colorings, Flavors, Preservatives, and Sustainable sourcing are current trends. Emerging ingredients, Research, Development, Analysis, Testing, Certification, Safety, and Sustainability are key areas of focus.

Market Research Overview

In the global packaged foods and meats market, key categories include plant-based ingredients, functional fibers, omega-3 fatty acids, botanical extracts, protein powders, and functional beverages. This market encompasses manufacturers and food processing vendors engaged in food processing for microbial elimination and shelf life extension. According to Technavio, market size is determined by the consolidated revenue of these industry players. Excluded are food processing equipment manufacturers and producers of packaged alcoholic and non-alcoholic beverages, excluding mineral waters. Market expansion will be fueled by the health benefits linked to minimally processed foods, such as vegetables, which are nutrient-dense sources of potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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