The global functional ingredients market size reached USD 105.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 177.7 Billion by 2033, exhibiting a growth rate (CAGR) of 5.72% during 2025-2033.
Functional ingredients are bioactive compounds used for delivering various health benefits. They include nutritionally fortified components that are added to food and beverages to improve energy levels, digestion, concentration, memory and vision. Some of the commonly used functional ingredients include proteins, vitamins, probiotics, prebiotics, omega-3 and hydrocolloids. They are added to milk, bread, pasta, cereal, granola, cheeses, yoghurt, tea and coffee. These ingredients also aid in preventing nutritional deficiencies, promote optimum growth in children and adults and minimize the risks of developing diseases.
The growing food and beverage industry across the globe represents one of the key factors creating a positive outlook for the market. Furthermore, increasing health consciousness among the masses, along with the widespread adoption of functional food products, is also driving the market growth. Due to the sedentary lifestyles and hectic schedules, there is an increasing prevalence of various medical ailments. This has led to a growing preference for food products fortified with functional ingredients to obtain a nutrient-rich diet. Additionally, aggressive promotional activities of these products by various food and beverage manufacturers through social media platforms to reach a wider consumer base are acting as another growth-inducing factor. They are also collaborating with celebrities and sports personalities to create more awareness among the consumers, especially millennials. Other factors, including rising healthcare expenditure capacities of the consumers, along with extensive research and development (R&D) activities, are anticipated to drive the market further.
Key Market Segmentation:
Breakup by Type:
-  Probiotics
-  Proteins and Amino Acids
-  Omega-3 and Omega-6 Fatty Acids
-  Vitamin and Minerals
-  Prebiotics
-  Botanical Extracts
-  Others
Breakup by Source:
Breakup by Application:
-  Food and Beverages
-  Personal Care
-  Pharmaceuticals
-  Animal Feed
-  Others
Breakup by Region:
-  North America
-  Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
 
-  Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
 
-  Latin America
-  Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Archer Daniels Midland Company, Arla Foods amba, BASF SE, Cargill Incorporated, Chr. Hansen Holding A/S, Golden Grain Group Limited, Ingredion Incorporated, Koninklijke DSM N.V., NutriBiotic, Omega Protein Corporation (Cooke Inc), Roquette Freres and Tate & Lyle plc.
Key Questions Answered in This Report:
-  How has the global functional ingredients market performed so far and how will it perform in the coming years?
-  What has been the impact of COVID-19 on the global functional ingredients market?
-  What are the key regional markets?
-  What is the breakup of the market based on the type?
-  What is the breakup of the market based on the source?
-  What is the breakup of the market based on the application?
-  What are the various stages in the value chain of the industry?
-  What are the key driving factors and challenges in the industry?
-  What is the structure of the global functional ingredients market and who are the key players?
-  What is the degree of competition in the industry?
Table of Contents
1   Preface
2   Scope and Methodology
- 2.1    Objectives of the Study
- 2.2    Stakeholders
- 2.3    Data Sources
- 2.3.1    Primary Sources
- 2.3.2    Secondary Sources
 
- 2.4    Market Estimation
- 2.4.1    Bottom-Up Approach
- 2.4.2    Top-Down Approach
 
- 2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
- 4.1    Overview
- 4.2    Key Industry Trends
5   Global Functional Ingredients Market
- 5.1    Market Overview
- 5.2    Market Performance
- 5.3    Impact of COVID-19
- 5.4    Market Forecast
6   Market Breakup by Type
- 6.1    Probiotics
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
 
- 6.2    Proteins and Amino Acids
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
 
- 6.3    Omega-3 and Omega-6 Fatty Acids
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
 
- 6.4    Vitamin and Minerals
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
 
- 6.5    Prebiotics
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
 
- 6.6    Botanical Extracts
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
 
- 6.7    Others
- 6.7.1 Market Trends
- 6.7.2 Market Forecast
 
7   Market Breakup by Source
- 7.1    Natural
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
 
- 7.2    Synthetic
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
 
8   Market Breakup by Application
- 8.1    Food and Beverages
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
 
- 8.2    Personal Care
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
 
- 8.3    Pharmaceuticals
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
 
- 8.4    Animal Feed
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
 
- 8.5    Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
 
9   Market Breakup by Region
- 9.1    North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
 
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
 
 
- 9.2    Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
 
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
 
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
 
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
 
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
 
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
 
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
 
 
- 9.3    Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
 
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
 
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
 
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
 
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
 
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
 
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
 
 
- 9.4    Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
 
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
 
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
 
 
- 9.5    Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
 
10  SWOT Analysis
- 10.1    Overview
- 10.2    Strengths
- 10.3    Weaknesses
- 10.4    Opportunities
- 10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
- 12.1    Overview
- 12.2    Bargaining Power of Buyers
- 12.3    Bargaining Power of Suppliers
- 12.4    Degree of Competition
- 12.5    Threat of New Entrants
- 12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
- 14.1    Market Structure
- 14.2    Key Players
- 14.3    Profiles of Key Players
- 14.3.1    Archer Daniels Midland Company
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
 
- 14.3.2    Arla Foods amba
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
 
- 14.3.3    BASF SE
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
 
- 14.3.4    Cargill Incorporated
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 SWOT Analysis
 
- 14.3.5    Chr. Hansen Holding A/S
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
 
- 14.3.6    Golden Grain Group Limited
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
 
- 14.3.7    Ingredion Incorporated
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
 
- 14.3.8    Koninklijke DSM N.V.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
 
- 14.3.9    NutriBiotic
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
 
- 14.3.10    Omega Protein Corporation (Cooke Inc)
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
 
- 14.3.11    Roquette Freres
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
 
- 14.3.12    Tate & Lyle plc
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis