The global Functional Food market was valued at 14004.76 Million USD in 2020 and will grow with a CAGR of 4.44% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Functional food is a food given an additional function (often one related to health-promotion or disease prevention) by adding new ingredients or more of existing ingredients.The term may also apply to traits purposely bred into existing edible plants, such as purple or gold potatoes having enriched anthocyanin or carotenoid contents, respectively.Functional food industry, consisting of food, beverage and supplement sectors, is one of the several areas of the food industry that is experiencing fast growth in recent years.
By Market Verdors:
Abbott Laboratories
Archer Daniels Midland
Arla
BASF
Danone
Dean Foods
General Mills
Kellogg
Nestle
PepsiCo
By Types:
Carotenoids
Dietary Fibers
Fatty Acids
Minerals
Prebiotics & Probiotic
Vitamins
By Applications:
Bakery & Cereals
Dairy Products
Meat, Fish & Eggs
Soy Products
Fats & Oils
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.4.1 North America Market States and Outlook (2022-2027)
1.4.2 East Asia Market States and Outlook (2022-2027)
1.4.3 Europe Market States and Outlook (2022-2027)
1.4.4 South Asia Market States and Outlook (2022-2027)
1.4.5 Southeast Asia Market States and Outlook (2022-2027)
1.4.6 Middle East Market States and Outlook (2022-2027)
1.4.7 Africa Market States and Outlook (2022-2027)
1.4.8 Oceania Market States and Outlook (2022-2027)
1.4.9 South America Market States and Outlook (2022-2027)
1.5 Global Functional Food Market Size Analysis from 2022 to 2027
1.5.1 Global Functional Food Market Size Analysis from 2022 to 2027 by Consumption Volume
1.5.2 Global Functional Food Market Size Analysis from 2022 to 2027 by Value
1.5.3 Global Functional Food Price Trends Analysis from 2022 to 2027
1.6 COVID-19 Outbreak: Functional Food Industry Impact
Chapter 2 Global Functional Food Competition by Types, Applications, and Top Regions and Countries
2.1 Global Functional Food (Volume and Value) by Type
2.1.1 Global Functional Food Consumption and Market Share by Type (2016-2021)
2.1.2 Global Functional Food Revenue and Market Share by Type (2016-2021)
2.2 Global Functional Food (Volume and Value) by Application
2.2.1 Global Functional Food Consumption and Market Share by Application (2016-2021)
2.2.2 Global Functional Food Revenue and Market Share by Application (2016-2021)
2.3 Global Functional Food (Volume and Value) by Regions
2.3.1 Global Functional Food Consumption and Market Share by Regions (2016-2021)
2.3.2 Global Functional Food Revenue and Market Share by Regions (2016-2021)
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.1.1 2016-2021 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
3.1.2 2016-2021 Major Manufacturers Performance and Market Share
3.2 Regional Production Market Analysis
3.2.1 2016-2021 Regional Market Performance and Market Share
3.2.2 North America Market
3.2.3 East Asia Market
3.2.4 Europe Market
3.2.5 South Asia Market
3.2.6 Southeast Asia Market
3.2.7 Middle East Market
3.2.8 Africa Market
3.2.9 Oceania Market
3.2.10 South America Market
3.2.11 Rest of the World Market
Chapter 4 Global Functional Food Sales, Consumption, Export, Import by Regions (2016-2021)
4.1 Global Functional Food Consumption by Regions (2016-2021)
4.2 North America Functional Food Sales, Consumption, Export, Import (2016-2021)
4.3 East Asia Functional Food Sales, Consumption, Export, Import (2016-2021)
4.4 Europe Functional Food Sales, Consumption, Export, Import (2016-2021)
4.5 South Asia Functional Food Sales, Consumption, Export, Import (2016-2021)
4.6 Southeast Asia Functional Food Sales, Consumption, Export, Import (2016-2021)
4.7 Middle East Functional Food Sales, Consumption, Export, Import (2016-2021)
4.8 Africa Functional Food Sales, Consumption, Export, Import (2016-2021)
4.9 Oceania Functional Food Sales, Consumption, Export, Import (2016-2021)
4.10 South America Functional Food Sales, Consumption, Export, Import (2016-2021)
Chapter 5 North America Functional Food Market Analysis
5.1 North America Functional Food Consumption and Value Analysis
5.1.1 North America Functional Food Market Under COVID-19
5.2 North America Functional Food Consumption Volume by Types
5.3 North America Functional Food Consumption Structure by Application
5.4 North America Functional Food Consumption by Top Countries
5.4.1 United States Functional Food Consumption Volume from 2016 to 2021
5.4.2 Canada Functional Food Consumption Volume from 2016 to 2021
5.4.3 Mexico Functional Food Consumption Volume from 2016 to 2021
Chapter 6 East Asia Functional Food Market Analysis
6.1 East Asia Functional Food Consumption and Value Analysis
6.1.1 East Asia Functional Food Market Under COVID-19
6.2 East Asia Functional Food Consumption Volume by Types
6.3 East Asia Functional Food Consumption Structure by Application
6.4 East Asia Functional Food Consumption by Top Countries
6.4.1 China Functional Food Consumption Volume from 2016 to 2021
6.4.2 Japan Functional Food Consumption Volume from 2016 to 2021
6.4.3 South Korea Functional Food Consumption Volume from 2016 to 2021
Chapter 7 Europe Functional Food Market Analysis
7.1 Europe Functional Food Consumption and Value Analysis
7.1.1 Europe Functional Food Market Under COVID-19
7.2 Europe Functional Food Consumption Volume by Types
7.3 Europe Functional Food Consumption Structure by Application
7.4 Europe Functional Food Consumption by Top Countries
7.4.1 Germany Functional Food Consumption Volume from 2016 to 2021
7.4.2 UK Functional Food Consumption Volume from 2016 to 2021
7.4.3 France Functional Food Consumption Volume from 2016 to 2021
7.4.4 Italy Functional Food Consumption Volume from 2016 to 2021
7.4.5 Russia Functional Food Consumption Volume from 2016 to 2021
7.4.6 Spain Functional Food Consumption Volume from 2016 to 2021
7.4.7 Netherlands Functional Food Consumption Volume from 2016 to 2021
7.4.8 Switzerland Functional Food Consumption Volume from 2016 to 2021
7.4.9 Poland Functional Food Consumption Volume from 2016 to 2021
Chapter 8 South Asia Functional Food Market Analysis
8.1 South Asia Functional Food Consumption and Value Analysis
8.1.1 South Asia Functional Food Market Under COVID-19
8.2 South Asia Functional Food Consumption Volume by Types
8.3 South Asia Functional Food Consumption Structure by Application
8.4 South Asia Functional Food Consumption by Top Countries
8.4.1 India Functional Food Consumption Volume from 2016 to 2021
8.4.2 Pakistan Functional Food Consumption Volume from 2016 to 2021
8.4.3 Bangladesh Functional Food Consumption Volume from 2016 to 2021
Chapter 9 Southeast Asia Functional Food Market Analysis
9.1 Southeast Asia Functional Food Consumption and Value Analysis
9.1.1 Southeast Asia Functional Food Market Under COVID-19
9.2 Southeast Asia Functional Food Consumption Volume by Types
9.3 Southeast Asia Functional Food Consumption Structure by Application
9.4 Southeast Asia Functional Food Consumption by Top Countries
9.4.1 Indonesia Functional Food Consumption Volume from 2016 to 2021
9.4.2 Thailand Functional Food Consumption Volume from 2016 to 2021
9.4.3 Singapore Functional Food Consumption Volume from 2016 to 2021
9.4.4 Malaysia Functional Food Consumption Volume from 2016 to 2021
9.4.5 Philippines Functional Food Consumption Volume from 2016 to 2021
9.4.6 Vietnam Functional Food Consumption Volume from 2016 to 2021
9.4.7 Myanmar Functional Food Consumption Volume from 2016 to 2021
Chapter 10 Middle East Functional Food Market Analysis
10.1 Middle East Functional Food Consumption and Value Analysis
10.1.1 Middle East Functional Food Market Under COVID-19
10.2 Middle East Functional Food Consumption Volume by Types
10.3 Middle East Functional Food Consumption Structure by Application
10.4 Middle East Functional Food Consumption by Top Countries
10.4.1 Turkey Functional Food Consumption Volume from 2016 to 2021
10.4.2 Saudi Arabia Functional Food Consumption Volume from 2016 to 2021
10.4.3 Iran Functional Food Consumption Volume from 2016 to 2021
10.4.4 United Arab Emirates Functional Food Consumption Volume from 2016 to 2021
10.4.5 Israel Functional Food Consumption Volume from 2016 to 2021
10.4.6 Iraq Functional Food Consumption Volume from 2016 to 2021
10.4.7 Qatar Functional Food Consumption Volume from 2016 to 2021
10.4.8 Kuwait Functional Food Consumption Volume from 2016 to 2021
10.4.9 Oman Functional Food Consumption Volume from 2016 to 2021
Chapter 11 Africa Functional Food Market Analysis
11.1 Africa Functional Food Consumption and Value Analysis
11.1.1 Africa Functional Food Market Under COVID-19
11.2 Africa Functional Food Consumption Volume by Types
11.3 Africa Functional Food Consumption Structure by Application
11.4 Africa Functional Food Consumption by Top Countries
11.4.1 Nigeria Functional Food Consumption Volume from 2016 to 2021
11.4.2 South Africa Functional Food Consumption Volume from 2016 to 2021
11.4.3 Egypt Functional Food Consumption Volume from 2016 to 2021
11.4.4 Algeria Functional Food Consumption Volume from 2016 to 2021
11.4.5 Morocco Functional Food Consumption Volume from 2016 to 2021
Chapter 12 Oceania Functional Food Market Analysis
12.1 Oceania Functional Food Consumption and Value Analysis
12.2 Oceania Functional Food Consumption Volume by Types
12.3 Oceania Functional Food Consumption Structure by Application
12.4 Oceania Functional Food Consumption by Top Countries
12.4.1 Australia Functional Food Consumption Volume from 2016 to 2021
12.4.2 New Zealand Functional Food Consumption Volume from 2016 to 2021
Chapter 13 South America Functional Food Market Analysis
13.1 South America Functional Food Consumption and Value Analysis
13.1.1 South America Functional Food Market Under COVID-19
13.2 South America Functional Food Consumption Volume by Types
13.3 South America Functional Food Consumption Structure by Application
13.4 South America Functional Food Consumption Volume by Major Countries
13.4.1 Brazil Functional Food Consumption Volume from 2016 to 2021
13.4.2 Argentina Functional Food Consumption Volume from 2016 to 2021
13.4.3 Columbia Functional Food Consumption Volume from 2016 to 2021
13.4.4 Chile Functional Food Consumption Volume from 2016 to 2021
13.4.5 Venezuela Functional Food Consumption Volume from 2016 to 2021
13.4.6 Peru Functional Food Consumption Volume from 2016 to 2021
13.4.7 Puerto Rico Functional Food Consumption Volume from 2016 to 2021
13.4.8 Ecuador Functional Food Consumption Volume from 2016 to 2021
Chapter 14 Company Profiles and Key Figures in Functional Food Business
14.1 Abbott Laboratories
14.1.1 Abbott Laboratories Company Profile
14.1.2 Abbott Laboratories Functional Food Product Specification
14.1.3 Abbott Laboratories Functional Food Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.2 Archer Daniels Midland
14.2.1 Archer Daniels Midland Company Profile
14.2.2 Archer Daniels Midland Functional Food Product Specification
14.2.3 Archer Daniels Midland Functional Food Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.3 Arla
14.3.1 Arla Company Profile
14.3.2 Arla Functional Food Product Specification
14.3.3 Arla Functional Food Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.4 BASF
14.4.1 BASF Company Profile
14.4.2 BASF Functional Food Product Specification
14.4.3 BASF Functional Food Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.5 Danone
14.5.1 Danone Company Profile
14.5.2 Danone Functional Food Product Specification
14.5.3 Danone Functional Food Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.6 Dean Foods
14.6.1 Dean Foods Company Profile
14.6.2 Dean Foods Functional Food Product Specification
14.6.3 Dean Foods Functional Food Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.7 General Mills
14.7.1 General Mills Company Profile
14.7.2 General Mills Functional Food Product Specification
14.7.3 General Mills Functional Food Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.8 Kellogg
14.8.1 Kellogg Company Profile
14.8.2 Kellogg Functional Food Product Specification
14.8.3 Kellogg Functional Food Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.9 Nestle
14.9.1 Nestle Company Profile
14.9.2 Nestle Functional Food Product Specification
14.9.3 Nestle Functional Food Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.10 PepsiCo
14.10.1 PepsiCo Company Profile
14.10.2 PepsiCo Functional Food Product Specification
14.10.3 PepsiCo Functional Food Production Capacity, Revenue, Price and Gross Margin (2016-2021)
Chapter 15 Global Functional Food Market Forecast (2022-2027)
15.1 Global Functional Food Consumption Volume, Revenue and Price Forecast (2022-2027)
15.1.1 Global Functional Food Consumption Volume and Growth Rate Forecast (2022-2027)
15.1.2 Global Functional Food Value and Growth Rate Forecast (2022-2027)
15.2 Global Functional Food Consumption Volume, Value and Growth Rate Forecast by Region (2022-2027)
15.2.1 Global Functional Food Consumption Volume and Growth Rate Forecast by Regions (2022-2027)
15.2.2 Global Functional Food Value and Growth Rate Forecast by Regions (2022-2027)
15.2.3 North America Functional Food Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.4 East Asia Functional Food Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.5 Europe Functional Food Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.6 South Asia Functional Food Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.7 Southeast Asia Functional Food Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.8 Middle East Functional Food Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.9 Africa Functional Food Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.10 Oceania Functional Food Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.11 South America Functional Food Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.3 Global Functional Food Consumption Volume, Revenue and Price Forecast by Type (2022-2027)
15.3.1 Global Functional Food Consumption Forecast by Type (2022-2027)
15.3.2 Global Functional Food Revenue Forecast by Type (2022-2027)
15.3.3 Global Functional Food Price Forecast by Type (2022-2027)
15.4 Global Functional Food Consumption Volume Forecast by Application (2022-2027)
15.5 Functional Food Market Forecast Under COVID-19
Chapter 16 Conclusions
Research Methodology
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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