Functional Ingredients Market Size, Share & Trends Report

Functional Ingredients Market Size, Share & Trends Analysis Report By Product (Probiotics, Rice Protein), By Application (Food & Beverages, Pharmaceuticals), By Region, And Segment Forecasts, 2023 - 2030

Report ID: GVR-1-68038-686-8
Number of Report Pages: 150
Format: PDF, Horizon Databook

Historical Range: 2018 - 2021
Forecast Period: 2023 - 2030
Industry: Specialty & Chemicals

Market Segmentation

Functional Ingredients Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Maltodextrin
- Probiotics
- Polydextrose
- Modified starch
- Pectin
- Omega-3
- Omega-6
- Conjugated linoleic acid
- Rice protein
- Protein hydrolysate
- Mung bean protein
Functional Ingredients Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Food & beverages
- Personal care
- Pharmaceuticals
- Animal feed
- Others
Functional Ingredients Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- North America
  - North America Functional Ingredients Market, by Product
    - Maltodextrin
    - Probiotics
    - Polydextrose
    - Modified starch
    - Pectin
    - Omega-3
    - Omega-6
    - Conjugated linoleic acid
    - Rice protein
    - Protein hydrolysate
    - Mung bean protein
  - North America Functional Ingredients Market, by Application
    - Food & beverages
    - Personal care
    - Pharmaceuticals
    - Animal feed
    - Others
  - U.S.
    - U.S. Functional Ingredients Market, by Product
      - Maltodextrin
      - Probiotics
      - Polydextrose
      - Modified starch
      - Pectin
      - Omega-3
      - Omega-6
      - Conjugated linoleic acid
      - Rice protein
      - Protein hydrolysate
      - Mung bean protein
    - U.S. Functional Ingredients Market, by Application
      - Food & beverages
      - Personal care
      - Pharmaceuticals
      - Animal feed
      - Others
- Europe
  - Europe Functional Ingredients Market, by Product
    - Maltodextrin
    - Probiotics
    - Polydextrose
    - Modified starch
    - Pectin
    - Omega-3
    - Omega-6
    - Conjugated linoleic acid
    - Rice protein
    - Protein hydrolysate
    - Mung bean protein
  - Europe Functional Ingredients Market, by Application
    - Food & beverages
    - Personal care
    - Pharmaceuticals
    - Animal feed
    - Others
  - Germany
    - Germany Functional Ingredients Market, by Product
      - Maltodextrin
      - Probiotics
      - Polydextrose
      - Modified starch
      - Pectin
      - Omega-3
      - Omega-6
      - Conjugated linoleic acid
      - Rice protein
      - Protein hydrolysate
      - Mung bean protein
    - Germany Functional Ingredients Market, by Application
      - Food & beverages
      - Personal care
      - Pharmaceuticals
      - Animal feed
      - Others
  - U.K.
    - U.K. Functional Ingredients Market, by Product
      - Maltodextrin
      - Probiotics
      - Polydextrose
      - Modified starch
      - Pectin
      - Omega-3
      - Omega-6
      - Conjugated linoleic acid
      - Rice protein
      - Protein hydrolysate
      - Mung bean protein
    - U.K. Functional Ingredients Market, by Application
      - Food & beverages
      - Personal care
      - Pharmaceuticals
      - Animal feed
      - Others
- Asia Pacific
  - Asia Pacific Functional Ingredients Market, by Product
    - Maltodextrin
    - Probiotics
    - Polydextrose
    - Modified starch
    - Pectin
    - Omega-3
    - Omega-6
    - Conjugated linoleic acid
    - Rice protein
    - Protein hydrolysate
    - Mung bean protein
  - Asia Pacific Functional Ingredients Market, by Application
    - Food & beverages
    - Personal care
    - Pharmaceuticals
    - Animal feed
    - Others
  - China
    - China Functional Ingredients Market, by Product
      - Maltodextrin
      - Probiotics
      - Polydextrose
      - Modified starch
      - Pectin
      - Omega-3
      - Omega-6
      - Conjugated linoleic acid
      - Rice protein
      - Protein hydrolysate
      - Mung bean protein
    - China Functional Ingredients Market, by Application
      - Food & beverages
      - Personal care
      - Pharmaceuticals
      - Animal feed
      - Others
  - India
    - India Functional Ingredients Market, by Product
      - Maltodextrin
      - Probiotics
      - Polydextrose
      - Modified starch
      - Pectin
      - Omega-3
      - Omega-6
      - Conjugated linoleic acid
      - Rice protein
      - Protein hydrolysate
      - Mung bean protein
    - India Functional Ingredients Market, by Application
      - Food & beverages
      - Personal care
      - Pharmaceuticals
      - Animal feed
      - Others
  - Thailand
    - Thailand Functional Ingredients Market, by Product
      - Maltodextrin
      - Probiotics
      - Polydextrose
      - Modified starch
      - Pectin
      - Omega-3
      - Omega-6
      - Conjugated linoleic acid
      - Rice protein
      - Protein hydrolysate
      - Mung bean protein
    - Thailand Functional Ingredients Market, by Application
      - Food & beverages
      - Personal care
      - Pharmaceuticals
      - Animal feed
      - Others
- Central & South America
  - Central & South America Functional Ingredients Market, by Product
    - Maltodextrin
    - Probiotics
    - Polydextrose
    - Modified starch
    - Pectin
    - Omega-3
    - Omega-6
    - Conjugated linoleic acid
    - Rice protein
    - Protein hydrolysate
    - Mung bean protein
  - Central & South America Functional Ingredients Market, by Application
    - Food & beverages
    - Personal care
    - Pharmaceuticals
    - Animal feed
    - Others
  - Brazil
    - Brazil Functional Ingredients Market, by Product
      - Maltodextrin
      - Probiotics
      - Polydextrose
      - Modified starch
      - Pectin
      - Omega-3
      - Omega-6
      - Conjugated linoleic acid
      - Rice protein
      - Protein hydrolysate
      - Mung bean protein
    - Brazil Functional Ingredients Market, by Application
      - Food & beverages
      - Personal care
      - Pharmaceuticals
      - Animal feed
      - Others
- Middle East & Africa
  - Middle East & Africa Functional Ingredients Market, by Product
    - Maltodextrin
    - Probiotics
    - Polydextrose
    - Modified starch
    - Pectin
    - Omega-3
    - Omega-6
    - Conjugated linoleic acid
    - Rice protein
    - Protein hydrolysate
    - Mung bean protein
  - Middle East & Africa Functional Ingredients Market, by Application
    - Food & beverages
    - Personal care
    - Pharmaceuticals
    - Animal feed
    - Others

Functional Ingredients Market Dynamics

Driver: Rising Demand for Functional Probiotic Ingredients Favoring Industry Growth

The increasing availability of functional probiotic beverages in ready-made packs worldwide for on-the-go consumption has been spurring the growth of the global functional ingredients market. In this regard, the concept of convenience has been playing a considerable role in augmenting the demand for functional ingredients in probiotic supplements by influencing consumer buying behavior. Furthermore, the growing customer base for probiotic supplements has necessitated an increased adoption of functional ingredients in these supplements, which are being made available in a variety of retail formats, including hypermarkets, supermarkets, and pop-up stores, among other convenient retail channels.

Driver: New Product Launches Within the Functional Food & Beverage Sector Bolstering Demand

New product launches in the functional food & beverage sector have been creating a healthy demand for functional ingredients. Functional food ingredients are in high demand in various applications, including dairy, confectionery, and bakery products. Prebiotic ingredients find extensive use in dairy products. They are most popular in Asian markets such as India, Japan, and China owing to the rising popularity of health-benefiting functional foods. Noticing a growing demand for functional food & beverages, prominent manufacturers within this space have recently deployed product launches as their key competitive strategy.

Restraint: Stringent Regulations Restraining Industry Growth

Several regulatory authorities govern the functional ingredient market in terms of approval as well as regional distribution. The regulatory standards are based on the consumption of foods by several age groups and social demographics, as well as the permissible levels of flavors and colors present in them. The FDA, FAO, and several other bodies are consistently engaged in monitoring the use of chemicals in the food & beverage industry. As a result, players operating in the global market for functional ingredients are strictly required to adhere to them. Compliance with these regulations extends the time consumed by the overall product value chain and hampers market growth.

What Does This Report Include?

This section will provide insights into the contents included in this functional ingredients market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Functional ingredients market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Functional ingredients market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

Or view our licence options:

NEED A CUSTOM REPORT?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

ESOMAR certified & member

ISO Certified

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.