U.S. Functional Foods Market Size & Outlook, 2023-2030
The functional foods market in the United States is expected to reach a projected revenue of US$ 131,454.8 million by 2030. A compound annual growth rate of 8.9% is expected of the United States functional foods market from 2024 to 2030.
Revenue, 2023 (US$M)
$72,372.2
Forecast, 2030 (US$M)
$131,454.8
CAGR, 2024 - 2030
8.9%
Report Coverage
U.S.
U.S. functional foods market, 2017-2030 (US$M)
Related Markets
U.S. functional foods market highlights
- The U.S. functional foods market generated a revenue of USD 72,372.2 million in 2023 and is expected to reach USD 131,454.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, prebiotics & probiotics was the largest revenue generating ingredient in 2023.
- Vitamins is the most lucrative ingredient segment registering the fastest growth during the forecast period.
Functional foods market data book summary
| Market revenue in 2023 | USD 72,372.2 million |
| Market revenue in 2030 | USD 131,454.8 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Prebiotics & probiotics |
| Fastest growing segment | Vitamins |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carotenoids, Dietary Fibers, Fatty Acids, Minerals, Prebiotics & Probiotics, Vitamins |
| Key market players worldwide | Coca-Cola Co, Arla Foods, Amway Malaysia Holdings, Herbalife Ltd, Cargill, General Mills Inc, Basf SE |
Other key industry trends
- In terms of revenue, U.S. accounted for 22.0% of the global functional foods market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. functional foods market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 131,454.8 million by 2030.
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Functional Foods Market Scope
Functional foods market segmentation & scope
Sports Nutrition
Weight Management
Immunity
Digestive Health
Clinical Nutrition
Cardio Health
Others
Functional Foods Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. functional foods market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to functional foods market will help companies and investors design strategic landscapes.
Prebiotics & probiotics was the largest segment with a revenue share of 33.07% in 2023. Horizon Databook has segmented the U.S. functional foods market based on carotenoids, dietary fibers, fatty acids, minerals, prebiotics & probiotics, vitamins covering the revenue growth of each sub-segment from 2017 to 2030.
- U.S. Functional Foods Ingredient Outlook (Revenue, USD Million, 2017-2030)
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Others
- U.S. Functional Foods Product Outlook (Revenue, USD Million, 2017-2030)
- Bakery & Cereals
- Dairy Products
- Meat, Fish, & Eggs
- Soy Products
- Fats & Oils
- Others
- U.S. Functional Foods Application Outlook (Revenue, USD Million, 2017-2030)
- Sports Nutrition
- Weight Management
- Immunity
- Digestive Health
- Clinical Nutrition
- Cardio Health
- Others
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Target buyers of U.S. functional foods market databook
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Our clientele includes a mix of functional foods market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. functional foods market , including forecasts for subscribers. This country databook contains high-level insights into U.S. functional foods market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. functional foods market size, by ingredient, 2017-2030 (US$M)
U.S. Functional Foods Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
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