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Asia Pacific Functional Food Ingredients Market By Type (Protein, Vitamin, Mineral, Prebiotic And Probiotic, Hydrocolloid, Essential Oil, Fatty Acid, Carotenoid), By Application (Food And Beverage), By Health Benefit (Gut, Bone, Health, Immunity, Nutrition) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: January, 2022
ID: 7026
Pages: 145

Asia Pacific Functional Food Ingredients Market  Size and Growth Analysis:

Asia Pacific Functional Food Ingredients Market was worth USD 356.97 million in 2021 and is estimated to be growing at a CAGR of 7.7 %, to reach USD 517.26 million by 2027. 

Asia Pacific Functional Food Ingredients Market Overview

The term functional food ingredients is 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, coloring, 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.

Asia Pacific Functional Food Ingredients Market Segmentation

The Asia Pacific market for Functional Food Ingredients is segmented

based on

  • Type

  • Application

Based on Type 

  • Protein

  • Vitamin

  • Mineral

  • Prebiotic

  • Probiotic

  • Hydrocolloid

  • Essential Oil

  • Fatty Acid 

  • Carotenoid

Based on Application –

Food and Beverage

Based on Health Benefit -

  • Gut

  • Bone

  • Health

  • Immunity

  • Nutrition

Asia Pacific Functional Food Ingredients Market geographical Analysis

  • China

  • India

  • Japan

  • South-Korea 

  • Australia

China is leading the market regionally, due to the high consumption and demand for fortified/functional as well as due to the presence of a well-developed food industry. India 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.

Asia Pacific Functional Food Ingredients Market Key players

  1. Archer Daniels Midland Company,

  2. Cargill

  3. Incorporated

  4. Koninklijke DSM N.V.

  5. BASF SE

  6. Arla Foods

  7. Tate and Lyle PLC

  8. Ingredion Incorporated

  9. Kerry Group PLC

  10. E. I. Du Pont De Nemours

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Proteins & Amino Acids     

                                5.1.3 Vitamins   

                                5.1.4 Minerals   

                                5.1.5 Prebiotics

                                5.1.6 Probiotics

                                5.1.7 Hydrocolloids         

                                5.1.8 Essential Oils          

                                5.1.9 Omega 3 & 6 Fatty Acids    

                                5.1.10 Carotenoids         

                                5.1.11  Y-o-Y Growth Analysis, By Type  

                                5.1.12  Market Attractiveness Analysis, By Type                

                                5.1.13  Market Share Analysis, By Type  

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Food Applications

                                                5.2.2.1 Snacks

                                                5.2.2.2 Bakery

                                                5.2.2.3 Confectionery

                                                5.2.2.4 Dairy Products

                                                5.2.2.5 Other Food Products

                                5.2.3 Beverage Applications       

                                                5.2.3.1 Dairy

                                                5.2.3.2 Energy and Soft Drinks

                                                5.2.3.3 Juices

                                5.2.4 Y-o-Y Growth Analysis, By Application         

                                5.2.5 Market Attractiveness Analysis, By Application       

                                5.2.6 Market Share Analysis, By Application        

                5.3 Health Benefit                           

                                5.3.1 Introduction           

                                5.3.2 Gut Health Benefit              

                                5.3.3 Bone Health Benefit           

                                5.3.4 Heart Health Benefit           

                                5.3.5 Immunity Benefit 

                                5.3.6 Nutrition Benefit  

                                5.3.7 Weight Management         

                                5.3.8 Other Health Benefit          

                                5.3.9 Y-o-Y Growth Analysis, By Health Benefit  

                                5.3.10  Market Attractiveness Analysis, By Health Benefit             

                                5.3.11  Market Share Analysis, By Health Benefit              

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Application

                                                6.1.3.4 By Health Benefit

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Application

                                                6.1.4.4 By Health Benefit

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Application

                                                6.1.5.4 By Health Benefit

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Archer Daniels Midland Company                     

                                8.1.1 Overview 

                                8.1.2 Type Analysis         

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Cargill, Incorporated                               

                8.3 Koninklijke DSM N.V.                             

                8.4 BASF SE                        

                8.5 Arla Foods                   

                8.6 Tate and Lyle PLC                     

                8.7 Ingredion Incorporated                         

                8.8 Kerry Group PLC                       

                8.9 E. I. Du Pont De Nemours and Company                        

                8.10 Associated British Foods                     

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Asia-Pacific Functional Food Ingredients Market By Type, From 2022 - 2027 ( USD Million )

  2. Asia-Pacific Protein Market By Region, From 2022 - 2027 ( USD Million )

  3. Asia-Pacific Vitamin Market By Region, From 2022 - 2027 ( USD Million )

  4. Asia-Pacific Mineral Market By Region, From 2022 - 2027 ( USD Million )

  5. Asia-Pacific Prebiotic and Probiotic Market By Region, From 2022 - 2027 ( USD Million )

  6. Asia-Pacific Hydrocolloid Market By Region, From 2022 - 2027 ( USD Million )

  7. Asia-Pacific Essential Oil Market By Region, From 2022 - 2027 ( USD Million )

  8. Asia-Pacific Fatty Acid Market By Region, From 2022 - 2027 ( USD Million )

  9. Asia-Pacific Carotenoid Market By Region, From 2022 - 2027 ( USD Million )

  10. Asia-Pacific Others Market By Region, From 2022 - 2027 ( USD Million )

  11. Asia-Pacific Functional Food Ingredients Market By Application, From 2022 - 2027 ( USD Million )

  12. Asia-Pacific Food Market By Region, From 2022 - 2027 ( USD Million )

  13. Asia-Pacific Beverage Market By Region, From 2022 - 2027 ( USD Million )

  14. Asia-Pacific Functional Food Ingredients Market By Health Benefit, From 2022 - 2027 ( USD Million )

  15. Asia-Pacific Gut Market By Region, From 2022 - 2027 ( USD Million )

  16. Asia-Pacific Bone Market By Region, From 2022 - 2027 ( USD Million )

  17. Asia-Pacific Health Market By Region, From 2022 - 2027 ( USD Million )

  18. Asia-Pacific Immunity Market By Region, From 2022 - 2027 ( USD Million )

  19. Asia-Pacific Nutrition Market By Region, From 2022 - 2027 ( USD Million )

  20. Japan Functional Food Ingredients Market By Type, From 2022 - 2027 ( USD Million )

  21. Japan Functional Food Ingredients Market By Application, From 2022 - 2027 ( USD Million )

  22. Japan Functional Food Ingredients Market By Health Benefit, From 2022 - 2027 ( USD Million )

  23. China Functional Food Ingredients Market By Type, From 2022 - 2027 ( USD Million )

  24. China Functional Food Ingredients Market By Application, From 2022 - 2027 ( USD Million )

  25. China Functional Food Ingredients Market By Health Benefit, From 2022 - 2027 ( USD Million )

  26. India Functional Food Ingredients Market By Type, From 2022 - 2027 ( USD Million )

  27. India Functional Food Ingredients Market By Application, From 2022 - 2027 ( USD Million )

  28. India Functional Food Ingredients Market By Health Benefit, From 2022 - 2027 ( USD Million )

  29. Australia Functional Food Ingredients Market By Type, From 2022 - 2027 ( USD Million )

  30. Australia Functional Food Ingredients Market By Application, From 2022 - 2027 ( USD Million )

  31. Australia Functional Food Ingredients Market By Health Benefit, From 2022 - 2027 ( USD Million )

  32. South Korea Functional Food Ingredients Market By Type, From 2022 - 2027 ( USD Million )

  33. South Korea Functional Food Ingredients Market By Application, From 2022 - 2027 ( USD Million )

  34. South Korea Functional Food Ingredients Market By Health Benefit, From 2022 - 2027 ( USD Million )

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