Europe Functional Food Ingredients Market Research Report - Segmented By Type, Application, Health Benefit And Region(United Kingdom, France, Spain, Germany, Italy, Russia, Sweden, Denmark) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029.

Updated On: June, 2024
ID: 7023
Pages: 145

Europe Functional Food Ingredients Market Size (2024 to 2029)

Europe Functional Food Ingredients Market was worth USD 681.06 million in 2024 and is estimated to be growing at a CAGR of 5.5 %, to reach USD 890.11 million by 2029.

The term functional food ingredients are used for ingredients having the capability to add additional value to food. Functional Food Ingredients are the ingredients that have the ability to add additional benefits to the food product often related to health promotion or disease prevention. Functional foods are designed to have physiological benefits and/or reduce the risk of chronic disease beyond basic nutritional functions and may be similar in appearance to conventional food and consumed as part of a regular diet. The features of these ingredients include preservation, texturization, emulsification, colouring, processing aids, and nutritional enhancement.

Factors fuelling the growth of the market are increasing demand for fortified/fortified food, rising dietary problems coupled with modern lifestyles, the prevalence in chronic diseases driving consumers to shift to healthier food products and growing awareness regarding the immunity-enhancing property of proper diet and food habits. However, the market growth is hindered by factors like strict government legislation, limited accessibility, and availability of ingredients and their expensive nature.

This Research Report on Europe Functional Food Ingredients Market is segmented, and sub segmented into following categories.

Europe Functional Food Ingredients Market By Type

  • Protein
  • Vitamin
  • Mineral
  • Prebiotic
  • Probiotic
  • Hydrocolloid
  • Essential Oil
  • Fatty Acid
  • Carotenoid

Europe Functional Food Ingredients Market By Application

  • Food and Beverage
  • Gut
  • Bone
  • Health
  • Immunity
  • Nutrition

Europe Functional Food Ingredients Market By Region

  • U.K.
  • Germany
  • France
  • Italy 
  • Spain 

U.K. is leading the market regionally, due to high consumption and demand for fortified/functional as well as due to the presence of a well-developed food industry. Germany is expected to grow the fastest owing to its increasing economy with a large population base ready to spend on functional food and rapidly growing consumer markets. Vitamin and mineral ingredients hold the major share in the type segment as these substances are vital for a healthy diet and play important role in all life cycles for body development. Prebiotics and probiotics are expected to grow the fastest due to increasing awareness regarding beneficiary micro-organisms. Food applications hold a major share in the applications segment while beverage applications are expected to grow at a rapid pace.

KEY PLAYERS IN EUROPE FUNCTIONAL FOOD INGREDIENTS MARKET

Key Players In Europe Functional Food Ingredients Market Are Archer Daniels Midland Company, Cargill, Incorporated, Koninklijke DSM N.V, BASF SE, Arla Foods, Tate and Lyle PLC, Ingredion Incorporated, Kerry Group PLC, E. I, Du Pont De Nemours.

 

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Frequently Asked Questions

1.What are functional food ingredients, and what makes them different from regular food ingredients?

Functional food ingredients are ingredients added to food products to provide specific health benefits beyond basic nutrition. These benefits may include improved digestion, boosted immunity, enhanced cognitive function, or reduced risk of chronic diseases. Unlike regular food ingredients, functional food ingredients are selected and formulated based on scientific evidence of their health-promoting properties.

2.What are the main factors driving the growth of the functional food ingredients market in Europe?

Several factors contribute to the growth of the functional food ingredients market in Europe, including increasing consumer interest in health and wellness, rising prevalence of lifestyle-related diseases such as obesity and diabetes, aging population demographics, and growing demand for natural and clean-label ingredients. Additionally, regulatory support for health claims and innovation in ingredient technologies drive market growth.

3.What are some popular functional food ingredients in the European market?

Popular functional food ingredients in the European market include probiotics and prebiotics for gut health, omega-3 fatty acids for heart and brain health, plant-based proteins for muscle recovery and weight management, antioxidants for immune support, and fiber for digestive health. Additionally, ingredients like vitamins, minerals, botanical extracts, and functional fibers are widely used in various functional food products.

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