List of Contents

Functional Food Market Size, Share, and Trends 2024 to 2034

The global functional food market size is calculated at USD 373.39 billion in 2025 and is forecasted to reach around USD 671.99 billion by 2034, accelerating at a CAGR of 7.5% from 2025 to 2034. The Asia Pacific functional food market size surpassed USD 134.42 billion in 2024 and is expanding at a CAGR of 8% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1094
  • Category : Food and Beverages

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Functional Food Market, By Product

7.1. Functional Food Market, by Product Type, 2025-2034
7.1.1. Dairy Products
7.1.1.1. Market Revenue and Forecast (2022-2034)
7.1.2. Bakery & Cereals
7.1.2.1. Market Revenue and Forecast (2022-2034)
7.1.3. Meat, Fish & Eggs
7.1.3.1. Market Revenue and Forecast (2022-2034)
7.1.4. Fats & Oils
7.1.4.1. Market Revenue and Forecast (2022-2034)
7.1.5. Soy Products
7.1.5.1. Market Revenue and Forecast (2022-2034)
7.1.6. Others
7.1.6.1. Market Revenue and Forecast (2022-2034)

Chapter 8. Global Functional Food Market, By Application

8.1. Functional Food Market, by Application, 2025-2034
8.1.1. Weight Management
8.1.1.1. Market Revenue and Forecast (2022-2034)
8.1.2. Sports Nutrition
8.1.2.1. Market Revenue and Forecast (2022-2034)
8.1.3. Digestive Health
8.1.3.1. Market Revenue and Forecast (2022-2034)
8.1.4. Immunity
8.1.4.1. Market Revenue and Forecast (2022-2034)
8.1.5. Cardio Health
8.1.5.1. Market Revenue and Forecast (2022-2034)
8.1.6. Clinical Nutrition
8.1.6.1. Market Revenue and Forecast (2022-2034)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2022-2034)

Chapter 9. Global Functional Food Market, By Ingredient

9.1. Functional Food Market, by Ingredient, 2025-2034
9.1.1. Dietary Fibers
9.1.1.1. Market Revenue and Forecast (2022-2034)
9.1.2. Carotenoids
9.1.2.1. Market Revenue and Forecast (2022-2034)
9.1.3. Minerals
9.1.3.1. Market Revenue and Forecast (2022-2034)
9.1.4. Fatty Acids
9.1.4.1. Market Revenue and Forecast (2022-2034)
9.1.5. Vitamins
9.1.5.1. Market Revenue and Forecast (2022-2034)
9.1.6. Prebiotics & Probiotics
9.1.6.1. Market Revenue and Forecast (2022-2034)
9.1.7. Others
9.1.7.1. Market Revenue and Forecast (2022-2034)

Chapter 10. Global Functional Food Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2022-2034)
10.1.2. Market Revenue and Forecast, by Application (2022-2034)
10.1.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Product (2022-2034)
10.1.4.2. Market Revenue and Forecast, by Application (2022-2034)
10.1.4.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Product (2022-2034)
10.1.5.2. Market Revenue and Forecast, by Application (2022-2034)
10.1.5.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2022-2034)
10.2.2. Market Revenue and Forecast, by Application (2022-2034)
10.2.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Product (2022-2034)
10.2.4.2. Market Revenue and Forecast, by Application (2022-2034)
10.2.4.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Product (2022-2034)
10.2.5.2. Market Revenue and Forecast, by Application (2022-2034)
10.2.5.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Product (2022-2034)
10.2.6.2. Market Revenue and Forecast, by Application (2022-2034)
10.2.6.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Product (2022-2034)
10.2.7.2. Market Revenue and Forecast, by Application (2022-2034)
10.2.7.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2022-2034)
10.3.2. Market Revenue and Forecast, by Application (2022-2034)
10.3.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Product (2022-2034)
10.3.4.2. Market Revenue and Forecast, by Application (2022-2034)
10.3.4.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Product (2022-2034)
10.3.5.2. Market Revenue and Forecast, by Application (2022-2034)
10.3.5.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Product (2022-2034)
10.3.6.2. Market Revenue and Forecast, by Application (2022-2034)
10.3.6.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Product (2022-2034)
10.3.7.2. Market Revenue and Forecast, by Application (2022-2034)
10.3.7.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2022-2034)
10.4.2. Market Revenue and Forecast, by Application (2022-2034)
10.4.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Product (2022-2034)
10.4.4.2. Market Revenue and Forecast, by Application (2022-2034)
10.4.4.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Product (2022-2034)
10.4.5.2. Market Revenue and Forecast, by Application (2022-2034)
10.4.5.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Product (2022-2034)
10.4.6.2. Market Revenue and Forecast, by Application (2022-2034)
10.4.6.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Product (2022-2034)
10.4.7.2. Market Revenue and Forecast, by Application (2022-2034)
10.4.7.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2022-2034)
10.5.2. Market Revenue and Forecast, by Application (2022-2034)
10.5.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Product (2022-2034)
10.5.4.2. Market Revenue and Forecast, by Application (2022-2034)
10.5.4.3. Market Revenue and Forecast, by Ingredient (2022-2034)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Product (2022-2034)
10.5.5.2. Market Revenue and Forecast, by Application (2022-2034)
10.5.5.3. Market Revenue and Forecast, by Ingredient (2022-2034)

Chapter 11. Company Profiles

11.1. Cargill
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. BASF
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. General Mills Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Standard Functional Foods Group Inc.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Coca-Cola Co.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. GFR Pharma
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Nutri-Nation
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. KFSU
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Amway
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Herbalife
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
11.11. Arla Foods
11.11.1. Company Overview
11.11.2. Product Offerings
11.11.3. Financial Performance
11.11.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global functional food market size was valued at USD 349.20 Billion in 2024 and it is expected to reach USD 671.99 Billion by 2034.

The global functional food market is poised to grow at a compound annual growth rate (CAGR) 7.5% during the forecast period 2025 to 2034

The increasing prevalence of chronic diseases prompts consumers to shift towards healthier food consumption habits. Rising interest of consumer regarding immunity benefits of a proper diet accounts for the key factor that drives the growth of functional foods market across the globe. Geriatric population believed to get the maximum benefit from functional foods because of age-related health problems. Consequently, burgeoning geriatric population across the globe expected to bolster the market growth. Moreover, the rising disposable income along with increasing demand for fortified food & beverage products leads to increased uptake of functional foodsthis in turn propels the growth of the market.

Dairy products led the global market in terms of value in 2022, followed by the bakery & cereals segment and predicted to expand at a CAGR of nearly 8% during the analysis period.

The Asia Pacific encountered as the largest markets accounting for more than 36% of overall value share in 2024 .

North America and Europe are the other most prominent revenue contributors owing to awareness among consumers pertaining to maintain good health and fitness through dietary plan.

Some of the key players operating in the market are Cargill, BASF, General Mills Inc., Standard Functional Foods Group Inc., Coca-Cola Co., GFR Pharma, Nutri-Nation, KFSU, Amway, Herbalife, and Arla Foods among others.

Based on application, cardio health encountered the largest value share accounting for nearly 24% in 2023 because of rising demand for functional food in congestive heart failure, cardiovascular diseases, congenital heart defects, and hardening of arteries.

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