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, primarily sourced from fish oils and scales, face consumer preference challenges due to their undesirable odor and taste. To address this issue, 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 the consumption of eicosatetraenoic acid and docosahexaenoic acid omega-3 fatty acids derived from these sources. This increasing demand and the identification of alternative sources are anticipated to boost the consumption rate of omega-3 fatty acids, thereby fueling the growth of the global functional food ingredients market throughout 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 technologies such as High-hydrostatic pressure, Ultrasound-assisted extraction, and Microwave-assisted extraction, for extracting bioactive compounds like Carotenoids (Beta-carotene, Lutein, Zeaxanthin), Flavonoids (Quercetin, Kaempferol, Catechins, Anthocyanidins), Minerals, Fiber, Vitamins, and Conjugated linolenic acid. These ingredients are used in Fortified Food to combat Chronic diseases and Micronutrient deficiencies, driven by the Middle class's increasing demand and Government fortification programs. Technological conditions and Legislative regulations shape the market, with Supercritical fluids and Pulsed electric field being key processing methods. Probiotic strains and International food regulations are also significant factors.

Market Research Overview

The Functional Food Ingredients Market encompasses suppliers and manufacturers specializing in the production of prebiotics, probiotics, nutrigenomics, and fortified food components. These ingredients offer health benefits in combating conditions such as cardiovascular disease, obesity, Alzheimer's disease, and diabetes. Technavio sizes the market based on the consolidated revenue of these entities, excluding food processing equipment manufacturers. Key growth drivers include the increasing consumer preference for healthier food options and the integration of advanced technologies like high-hydrostatic pressure, ultrasound-assisted extraction, microwave-assisted extraction, pulsed electric field, radio-frequency drying, and supercritical fluids for the production of carotenoids and other essential nutrients. The market does not include alcoholic and non-alcoholic beverage producers.. 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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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/