The Functional Foods Global Market Report 2020-30 by The Business Research Company describes and explains the global functional foods market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Functional Foods Global Market Report 2021 covers functional foods market drivers, functional foods market trends, functional foods market segments, functional foods market growth rate, functional foods market major players, and functional foods market size.
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The functional foods market report provides an in-depth analysis of the impact of COVID-19 on the global functional foods industry, along with revised market numbers due to the effects of the coronavirus and the expected functional foods market growth numbers 2021-2030.
Functional Foods Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global functional foods market is expected grow from $161.99 billion in 2020 to $171.25 billion in 2021 at a compound annual growth rate (CAGR) of 5.7%. The market is expected to reach $228.79 billion in 2025 at a CAGR of 8%.
The report covers the functional food market segments-
1) By Product Type: Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products, Fats & Oils, Others.
2) By Ingredients: Carotenoids, Dietary Fibers, Fatty Acids, Minerals, Prebiotics & Probiotics, Vitamins, Others.
3) By Application: Sports Nutrition, Weight Management, Immunity, Digestive Health, Clinical Nutrition, Cardio Health, Others.
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