Germany Functional Ingredients Market Size & Outlook
Germany functional ingredients market, 2016-2027 (US$M)
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Germany functional ingredients market highlights
- The Germany functional ingredients market generated a revenue of USD 4,041.0 million in 2019 and is expected to reach USD 6,573.4 million by 2027.
- The Germany market is expected to grow at a CAGR of 6.3% from 2020 to 2027.
- In terms of segment, pobiotics was the largest revenue generating product in 2019.
- Rice protein is the most lucrative product segment registering the fastest growth during the forecast period.
Functional ingredients market data book summary
| Market revenue in 2019 | USD 4,041.0 million |
| Market revenue in 2027 | USD 6,573.4 million |
| Growth rate | 6.3% (CAGR from 2019 to 2027) |
| Largest segment | Pobiotics |
| Fastest growing segment | Rice protein |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 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 |
| Key market players worldwide | Archer-Daniels Midland Co, Ingredion Inc, Cargill, Tate & Lyle PLC, Golden Agri-Resources Ltd, FMC Corp, Nanobiotix SA ADR, Traeger Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 6.3% of the global functional ingredients market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Europe, Germany functional ingredients market is projected to lead the regional market in terms of revenue in 2027.
- UK is the fastest growing regional market in Europe and is projected to reach USD 4,165.8 million by 2027.
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Functional Ingredients Market Scope
Functional Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 52.48% in 2019. Horizon Databook has segmented the Germany 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.
Rising geriatric population in Germany has fueled the demand for medical nutrition products that aid in bone and muscle maintenance. This has fueled the demand for functional ingredients such as probiotics and maltodextrin in the recent past.
Moreover, increasing Alzheimer cases and heart diseases in the country coupled with the contribution of functional ingredients in the treatment of the aforementioned problems are expected to positively impact the market growth in Germany.
Germany leads the market for modified starch in Europe and is expected to witness a promising growth rate over the forecast period on account of the availability of high-quality raw materials. Strict regulatory policies in Germany regarding raw material concentrations, quantities, and compositions.
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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 country-level data and insights on the Germany functional ingredients market , including forecasts for subscribers. This country databook contains high-level insights into Germany functional ingredients market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Germany functional ingredients market size, by product, 2016-2027 (US$M)
Germany Functional Ingredients Market Outlook Share, 2019 & 2027 (US$M)
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