Functional Food Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Functional Food Market Size, Market Share, Application

Analysis, Regional Outlook, Growth, Trends, Competitive

Scenario And Forecasts, 2012 To 2020

Market Overview

Rising chronic diseases and changing lifestyles have led to health scare. This has resulted in consumers

searching for foods that raise their immunity levels. Moreover, food additives and emulsifiers have

rendered many food products bland. This has caused clients to look for their daily dose of vitamins and

nutrients in places, excluding local supermarkets.

An upsurge in the aforementioned circumstances has led the functional food market to carve a niche for

itself. The market provides maximum food at minimum price. Functional foods, also called nutraceutical

foods, provide benefits beyond the capability of normal foods. This term was coined in Japan and each

country markets these foods according to their convenience.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

The functional food market consists of energy drinks, dietary complements, breakfast cereals, food

supplements and weight management and mood-enhancement products. It is estimated to reach about

USD 3 billion by 2020. The major driving factor of the market is augmented chronic diseases, like

diabetes, rickets, obesity and high blood pressure.

Functional foods have multiple benefits. This, coupled with their cheap price and abundant availability

has convinced consumers to opt out of normally available groceries and stick to functional foods.

Functional foods are a feasible option for battling nutritional deficiencies and satisfying the demands of

consumers. The functional food market is divided into two segments. These include foods and regions.

Segmentation Insights

Foods

The market provides foods according to the health benefits to different parts of the...