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Middle East And Africa 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: March, 2023
ID: 7030
Pages: 145
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Functional Food Ingredients Market Value and Growth:

Middle East and Africa Functional Food Ingredients Market was worth USD 178.48 million in 2022 and is estimated to be growing at a CAGR of 6.1 %, to reach USD 239.75 million by 2027.

Middle East and Africa Functional Food Ingredients Market Overview:

Functional Food Ingredients are the ingredients that have the ability to add additional benefit to the food product often one 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 market are increasing demand for fortified/fortified food, rising dietary problems coupled with modern lifestyles, 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 legislations, limited accessibility and availability of ingredients and their expensive nature.

Middle East and Africa Functional Food Ingredients Market Segmentation:

The Middle East and Africa market for Functional Food Ingredients is segmented 

based on 

  • Type

  • Application 

  • Health Benefit

Based on Type – 

  • Protein

  • Vitamin

  • Mineral

  • Prebiotic 

  • Probiotic

  •  Hydrocolloid

  •  Essential Oil

  • Fatty Acid and Carotenoid. 

Based on Application

Food and Beverage. 

Based on Health Benefit -

  •  Gut

  •  Bone

  • Health

  • Immunity

  •  Nutrition

Middle East and Africa Functional Food Ingredients Market Regional Analysis:

  • UAE

  •  Israel

  • KSA

  •  South Africa

  • Egypt

Based on Geographical analysis the market is separated into regions of the Middle East and Africa. The Middle East is leading the market regionally, due to high consumption and demand of fortified/functional as well as due to the presence of well-developed food industry. The Middle East is also 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.

Middle East and Africa Functional Food Ingredients Market Key players:

  1. Archer Daniels Midland Company

  2. Cargill, Incorporated

  3. Koninklijke DSM N.V.

  4. BASF SE, Arla Foods

  5. Tate and Lyle PLC

  6. Ingredion Incorporated

  7. Kerry Group PLC,

 

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