Functional Food Market
Functional Food Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Functional Food Market Size and Growth
The global Functional Food market is projected to reach $275 billion by 2026, with a CAGR of 7.9%. Growing consumer awareness of health benefits and increasing prevalence of chronic diseases are driving market growth. Key players are investing in innovative product development and expanding distribution channels to capitalize on the growing demand.
Companies Covered
(Covid 19 Impact Covered)
◍ Abbott Laboratories
◍ Archer Daniels Midland
◍ Arla
◍ BASF
◍ Danone
◍ Dean Foods
◍ General Mills
◍ Kellogg
◍ Nestle
◍ PepsiCo
The functional food market is highly competitive with key players such as Abbott Laboratories, Archer Daniels Midland, Arla, BASF, Danone, Dean Foods, General Mills, Kellogg, Nestle, and PepsiCo. These companies utilize innovative product development and marketing strategies to drive growth in the market.
- Nestle: $90.4 billion
- Danone: $31.3 billion
- General Mills: $15.7 billion
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Market Segmentation
By Application
Bakery & Cereals
Dairy Products ◍ Meat, Fish & Eggs
Soy Products
By Product
◍ Carotenoids
Dietary Fibers
Fatty Acids
Minerals
Fats & Oils Request Sample Report
Prebiotics & Probiotic
Vitamins
Market Growth
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$ X Billion USD
