North America Functional Food Ingredients Market

North America Functional Food Ingredients Market Size, Share, Growth (2023-2028)

North America Functional Food Ingredients Market was worth USD 847.65 million in 2023 and is estimated to be growing at a CAGR of 5.45 %, to reach USD 1105.22 million by 2028.

North America Functional Food Ingredients Market Overview 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 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.

North America Functional Food Ingredients Market Segmentation

based on

• Type

• Application

• Health Benefit

Based on Type

• Protein

• Vitamin

• Mineral

• Hydrocolloid

• Essential Oil

• Fatty Acid

• Carotenoid

Based on Application 

• Food and Beverage

Based on Health Benefit -

• Gut

• Bone

• Health

• Immunity

• Nutrition

North America Functional Food Ingredients Market Regional Analysis

• United States of America

• Canada

USA is leading the market regionally due to high consumption and demand of fortified/functional as well as due to the presence of a well-developed food industry. The USA 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 an 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.

North America Functional Food Ingredients Market Keyplayers

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, E. I

10. Du Pont De Nemours