Global Functional Ingredients Market Size & Outlook

The functional ingredients industry worldwide is expected to reach a projected revenue of US$ 105,639.8 million by 2027. A compound annual growth rate of 6.4% is expected of the worldwide functional ingredients industry from 2020 to 2027.
Revenue, 2019 (US$M)
$64,126.6
Forecast, 2027 (US$M)
$105,639.8
CAGR, 2020 - 2027
6.4%
Report Coverage
Worldwide

Global functional ingredients market highlights

  • The global functional ingredients market generated a revenue of USD 64,126.6 million in 2019 and is expected to reach USD 105,639.8 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 6.4% by 2027.
  • In terms of segment, pobiotics accounted for a revenue of USD 33,443.7 million in 2019.
  • Rice protein is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2019.
  • Country-wise, India is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 64,126.6 million
Market revenue in 2027USD 105,639.8 million
Growth rate6.4% (CAGR from 2019 to 2027)
Largest segmentPobiotics
Fastest growing segmentRice protein
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationMaltodextrin, Pobiotics, Polydextrose, Modified starch, Pectin, Omega-3 (EPA, DHA,ALA), Omega-6, Conjugated linoleic acid, Rice protein, Protein hydrolysate, Mung bean protein

Other key industry trends

  • In terms of revenue, the North America accounted for 33.0% of the global functional ingredients market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, India is the fastest growing regional market and is projected to reach USD 627.7 million by 2027.

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Functional Ingredients Market Companies

Name Profile # Employees HQ Website

Global functional ingredients 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 ingredients market will help companies and investors design strategic landscapes.


Pobiotics was the largest segment with a revenue share of 52.15% in 2019. Horizon Databook has segmented the Global functional ingredients market based on maltodextrin, pobiotics, polydextrose, modified starch, pectin, omega-3 (epa, dha,ala), omega-6, conjugated linoleic acid, rice protein, protein hydrolysate, mung bean protein covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Functional Ingredients Product Outlook (Revenue, USD Million, 2016-2027)
    • Maltodextrin
    • Pobiotics
    • Polydextrose
    • Modified starch
    • Pectin
    • Omega-3 (EPA, DHA,ALA)
    • Omega-6
    • Conjugated linoleic acid
    • Rice protein
    • Protein hydrolysate
    • Mung bean protein
  • Global Functional Ingredients Application Outlook (Revenue, USD Million, 2016-2027)
    • Food & beverages
    • Personal care
    • Pharmaceuticals
    • Animal feed
    • Others

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  • Our clientele includes a mix of functional ingredients market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global functional ingredients market , including forecasts for subscribers. This global databook contains high-level insights into Global functional ingredients market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global functional ingredients market size, by region, 2016-2027 (US$M)

Top 10 countries: Functional ingredients market size, 2019 (US$M)

Global functional ingredients market share, by product, 2019 & 2027 (%, US$M)

Functional ingredients market: Opportunity assessment by country

Global functional ingredients market, by region, 2019 (US$M)

Global functional ingredients market size, by region, 2016-2027 (US$M)

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