Global Functional Ingredients Market Size & Outlook
Global functional ingredients market, 2016-2027 (US$M)
Related Markets
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 2019 | USD 64,126.6 million |
| Market revenue in 2027 | USD 105,639.8 million |
| Growth rate | 6.4% (CAGR from 2019 to 2027) |
| Largest segment | Pobiotics |
| Fastest growing segment | Rice protein |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Maltodextrin, 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Functional Ingredients Market Scope
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
Reasons to subscribe to Global functional ingredients market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global functional ingredients market databook
-
Our clientele includes a mix of functional ingredients market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 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.
Partial client list
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)
| Product | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 18,422.5 | 19,215.2 | 20,154.3 | 21,175.4 | 22,277.6 | 23,459.2 | 24,722.1 | 26,075.1 | 27,530.5 | 29,086.3 | 30,776.2 | 32,595.4 | 5.5% |
| Europe | 13,696.5 | 14,345.4 | 15,109.3 | 15,941.0 | 16,840.6 | 17,807.9 | 18,844.8 | 19,959.0 | 21,161.0 | 22,450.1 | 23,853.5 | 25,370.3 | 6.0% |
| Asia Pacific | 11,715.2 | 12,480.3 | 13,370.1 | 14,347.7 | 15,417.1 | 16,581.8 | 17,848.0 | 19,227.1 | 20,734.1 | 22,374.0 | 24,179.9 | 26,154.3 | 7.8% |
| Latin America | 7,502.8 | 7,933.8 | 8,436.7 | 8,986.7 | 9,585.2 | 10,233.2 | 10,933.3 | 11,691.1 | 12,514.4 | 13,404.4 | 14,379.4 | 15,440.7 | 7.0% |
| MEA | 3,053.0 | 3,237.9 | 3,449.1 | 3,675.8 | 3,917.8 | 4,174.6 | 4,446.2 | 4,733.9 | 5,039.4 | 5,361.7 | 5,706.3 | 6,079.2 | 6.5% |
| Overall | 54,389.9 | 57,212.7 | 60,519.5 | 64,126.6 | 68,038.2 | 72,256.7 | 76,794.4 | 81,686.2 | 86,979.4 | 92,676.5 | 98,895.2 | 105,639.8 | 6.4% |
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
