‘The Functional Foods Market Will Reach Us$69.45bn In 2016’ Says New Visiongain Report

05 September 2016
Food and Drink

A new report by visiongain predicts that the world market for functional foods will reach $69.45bn in 2016. This forecast and others appear in the Functional Foods Market Report 2016-2026: Analysing The "Superfoods" Trend (Quinoa, Blueberries, Kale, Chia, Oatmeal, Green Tea, Broccoli, Strawberries, Salmon, Eggs, Beets, Garlic) Segment Forecasts For Functional Dairy, Bakery & Cereal, Baby Food, Fats & Oils, Meat, Fish & Eggs Driven By The Health & Wellness & ‘Free-From’ Trend By Health Conscious Consumers Seeking Probiotics-Enriched & Nutritional Foods Fortified With Vitamins, Calcium, Fibre & Other Elements published by visiongain, a leading business intelligence provider based in London, UK.

The global market for functional foods will reach $69.45bn in 2016. In this report, visiongain defines functional foods as packaged products that carry specific “functional” or “health” claims. Driven by an increasing demand for fortified foods, health-conscious consumers and an increasing middle income class in many countries, the market for functional foods provides food companies with excellent growth opportunities. Currently, the functional dairy submarket represents the largest segment of the market mostly because it is easier to fortify dairy products. At the same time, other segments of the market, such as baby food, fats & oils and other functional foods will also deliver good growth rates in the next 10 years, driven by improvements in product fortification techniques, innovative ingredients and consumer demand for various groups of functional foods. In addition to the analysis of the functional foods market, this report also studies the “superfoods” trend, defining its position in the food industry, looking at a possible growth trajectory of this sector, as well as a legislative basis.

Visiongain has looked at the functional foods market and identified the main driving forces, as well as focused on barriers in the development of the industry. Also, the performance of functional foods submarkets by major food types is discussed, as well looked at from the different perspectives, such as: legal, technological and consumer.

Visiongain identified many opportunities and strengths within the current functional foods market, such as the fact that it remains open to new technological advances, new products, new flavours and textures, as well as new packaging formats that appeal to the latest consumer trends.
The 169 page report contains 170 tables, charts and graphs that add visual analysis in order to explain developing trends within the functional foods market. Visiongain provides global forecasts for the period 2016-2026 in terms of value sales (US$). In addition, 6 regional and 9 national functional foods markets are forecast and analysed by visiongain over the period 2016-2026. Submarket forecasts from 2016-2026 are divided into - Functional Dairy Submarket forecast 2016-2026, Functional Bakery & Cereal Submarket forecast 2016-2026, Functional Baby Food Submarket forecast 2016-2026, Functional Fats & Oils Submarket forecast 2016-2026, Functional Meat, Fish & Eggs Submarket forecast 2016-2026, Other Functional Foods Submarket forecast 2016-2026. The report also provides profiles of 10 companies operating within the functional foods market.
The Functional Foods Market Report 2016-2026: Analysing The "Superfoods" Trend (Quinoa, Blueberries, Kale, Chia, Oatmeal, Green Tea, Broccoli, Strawberries, Salmon, Eggs, Beets, Garlic) Segment Forecasts For Functional Dairy, Bakery & Cereal, Baby Food, Fats & Oils, Meat, Fish & Eggs Driven By The Health & Wellness & ‘Free-From’ Trend By Health Conscious Consumers Seeking Probiotics-Enriched & Nutritional Foods Fortified With Vitamins, Calcium, Fibre & Other Elements will be of value to current and future potential investors into the global functional foods industry, “free-from”, “superfoods” and other food processing sectors, as well as companies and research centres who wish to broaden their knowledge of the functional foods market.

For sample pages and further information concerning the visiongain report please visit https://www.visiongain.com/Sector/226/Food-Drink

For an executive summary or any other information about the Functional Foods Market Report 2016-2026: Analysing The "Superfoods" Trend (Quinoa, Blueberries, Kale, Chia, Oatmeal, Green Tea, Broccoli, Strawberries, Salmon, Eggs, Beets, Garlic) Segment Forecasts For Functional Dairy, Bakery & Cereal, Baby Food, Fats & Oils, Meat, Fish & Eggs Driven By The Health & Wellness & ‘Free-From’ Trend By Health Conscious Consumers Seeking Probiotics-Enriched & Nutritional Foods Fortified With Vitamins, Calcium, Fibre & Other Elements please contact sara.peerun@visiongainglobal.com
Tel: +44 (0) 20 7336 6100

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.

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