Functional Foods and Beverages Market Size, Share & Industry Analysis, By Type (Cereals & Grains, Fats & Oils, Dairy Products, Bakery Products, and Other Functional/Fortified Foods), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, and Others), and Regional Forecast, 2020 -2029 (Includes COVID-19 Business Impact)

                                          
We have updated Functional Foods Market with respect to COVID-19 Business Impact.
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This report focuses on the Functional Foods market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Functional Foods market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Functional Foods Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Functional Foods Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Functional Foods Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Moderately Consolidated Industry Structure to Influence Market Competition
The functional foods & beverages market analysis states that at the global level, the market is moderately consolidated with few key players such as Danone S.A., Nestle S.A., General Mills, Glanbia Nutritionals, and Tyson Foods Inc. operating internationally. These players are focusing on research and innovation activities to cater to the growing consumer demands for innovative products. The key companies are focused on mergers, acquisitions, and developing partnerships to consolidate the functional foods and beverages market further. For example, in December 2019, International Flavours and Fragrances, Inc. and DuPonts nutrition and bioscience division announced a merger to create high-value functional ingredients and solutions in the global food, beverage, health and wellness market. New players are likewise entering the market to meet the growing demand for more affordable products, as Functional Foods become mainstream. The arrival of new players in the market is responsible for intensifying competition within the market, which is acting as a positive factor for the growth of the functional foods and beverages market.

LIST OF KEY COMPANIES PROFILED:

  
Danone S.A.
  
Nestle S.A.
  
General Mills, Inc.
  
Glanbia plc
  
Tyson Foods, Inc.
  
PepsiCo, Inc.
  
Hearthside Food Solutions LLC
  
Celsius Holdings, Inc.
  
Arla Foods amba
  
The Coca-Cola Company

KEY INDUSTRY DEVELOPMENTS:

December 2019: GCI Nutrients, a nutraceutical distribution group, launched a new functional foods and beverage division that will advise or guide customers on using its ingredients in creating their own Functional Foods and beverage products.

October 2019 - Drink Nutrient, a functional beverage company, launched a new beverage line, Liquid Nutrient, that provides daily 13 essential vitamins in an easy-to-drink, single-serve stick pack. The products are free from artificial ingredients, gluten, GMO, and acrylamide.

REPORT COVERAGE

The functional foods and beverages industry is witnessing promising growth owing to the rising trend of healthy snacking and healthy hydration. Fitness enthusiasts and enlightened consumers are driving the demand for products that promote better health and prevent the onset of chronic diseases. Furthermore, the rising per capita income of consumers is encouraging them to invest in wellness products.

An Infographic Representation of Functional Foods Market

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The functional foods and beverages market report provides quantitative as well as qualitative insights into this market. It has a detailed analysis of the market size and growth rate for all possible segments in the market. Along with this, the report also offers an elaborative summary of the market dynamics and competitive landscape. Different key insights presented in the report are an overview of related markets, recent industry developments such as mergers & acquisitions, the regulatory scenario in critical countries, and key industry trends.

Report Scope & Segmentation

 

Segmentation

By Type

  
Functional Cereal & Grains
  
Functional Fats & Oils
  
Functional Dairy Products
  
Functional Bakery Products
  
Other Functional/Fortified Foods

By Distribution Channel

  
Supermarkets/Hypermarkets
  
Convenience Stores
  
Online Retail
  
Others

By Region

  
North America (U.S., Canada, and Mexico)
  
Europe (U.K., France, Italy, Spain, Germany, and the Rest of Europe)
  
Asia-Pacific (China, India, Japan, Australia, and the Rest of Asia- Pacific)
  
South America (Brazil, Argentina, and the Rest of South America)
  
Middle East & Africa (South Africa, UAE, and the Rest of the MEA)