Functional Food Ingredients Market Trends & Forecast 2031

What is the projected growth rate (CAGR) of the Functional Food Ingredients market from 2024 to 2031, and what is the market value expected to change  by 2031?

Global Functional Food Ingredients Market reached USD 84.4 billion in 2022 and is expected to reach USD 147.8 billion by 2031 growing with a CAGR of 7.1% during the forecast period 2024-2031. One trend in the functional food ingredients market is the growing demand for health-promoting ingredients.

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What is the Functional Food Ingredients Market?

The Functional Food Ingredients Market refers to the global industry centered around ingredients added to food and beverages that provide health benefits beyond basic nutrition. These ingredients—such as probiotics, prebiotics, omega-3 fatty acids, plant-based proteins, fibers, vitamins, minerals, and botanical extracts—are specifically used to support functions like digestion, immunity, heart health, mental clarity, and more.

Driven by rising consumer awareness of preventive health, demand for clean-label and natural products, and innovation in personalized nutrition, the market has become a major segment within the broader health and wellness industry. Food and beverage manufacturers, nutrition companies, and ingredient suppliers are increasingly investing in research-backed, functional compounds to meet the growing interest in foods that promote overall well-being.

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Conclusion

As health becomes a priority in daily food choices, the functional food ingredients market continues to flourish globally. The demand for ingredients that deliver targeted health benefits, paired with scientific backing and natural origins, is reshaping the future of nutrition.

With strong momentum in countries like the U.S. and Japan, and innovations across formats and functions, the functional food ingredients industry stands at the forefront of the wellness revolution.

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Top Key Companies:

Profiles of some of the major players in the Functional Food Ingredients Market , which include  Kerry Inc., BENEO, Cargill, Inc., Koninklijke Dsm N.V., Archer Daniels Midland Company, Ingredion Inc., DuPont., Tate & Lyle, Chr. Hansen, and Kemin Industries.

Market Segments:

By Type :Vitamins, Minerals, Prebiotics, Omega-3 & 6 Fatty Acids, Essential Oils, Hydrocolloids, Others

By Application :Confectionaries, Dairy Products, Soy Products, Fruits & vegetables

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