Global
Functional Food Ingredients Market: Overview
This
report covers the analysis and forecast of the functional food
ingredients market on a global and regional level. The study provides
historic data of 2015 along with forecast for the period between 2016
and 2024 based on volume (Kilo Tons) and revenue (US$ Bn).
The
study provides a decisive view of the functional
food ingredients market by segmenting it based on ingredients
type, health benefits, application, and regional demand. Application
segments have been analyzed based on current trends and future
potential. The market has been estimated from 2016 to 2024 in terms
of volume (Kilo Tons) and revenue (US$ Bn). Regional segmentation
includes the current and forecast demand for North America, Europe,
Asia Pacific, Latin America, and the Middle East and Africa. These
have been further sub-segmented into countries and regions with
relevance to the market. The segmentation also includes demand for
individual applications in all regions.
The
study covers the drivers and restraints governing the dynamics of the
market along with their impact on demand during the forecast period.
Additionally, the report includes potential opportunities in the
functional food ingredients market on the global and regional level.
Global
Functional Food Ingredients Market: Scope of the Study
The
study encompasses market attractiveness analysis, wherein
applications have been benchmarked based on their market size, growth
rate, and general attractiveness for future growth.
The
market has been forecast based on constant currency rates. Prices of
functional food ingredients vary in each region and are a result of
the demand-supply scenario in the region. Hence, a similar
volume-to-revenue ratio does not follow for each individual region.
Individual pricing of functional food ingredients for each
application has been taken into account while estimating and
forecasting market revenue on a global basis. Regional average price
has been considered while breaking down the market into segments in
each region.
Global
Functional Food Ingredients Market: Research Methodology
The
report provides the size of the functional food ingredients market in
2015 and the forecast for the next nine years up to 2024. The size of
the global functional food ingredients market is provided in terms of
both volume and revenue. Market volume is defined in Kilo Tons, while
market revenue for regions is in US$ Bn. The market size and forecast
for each product segment is provided in the context of global and
regional markets. Numbers provided in this report are derived based
on demand generated from different applications and types of raw
materials.
Market
estimates for this study have been based on volume, with revenue
being derived through regional pricing trends. The price for commonly
utilized grades of functional food ingredients in each application
has been considered, and customized product pricing has not been
included. Demand for functional food ingredients has been derived by
analyzing the global and regional demand for functional food
ingredients in each application. The global functional food
ingredients market has been analyzed based on expected demand. Market
data for each segment is based on volume and corresponding revenues.
Prices considered for calculation of revenue are average regional
prices obtained through primary quotes from numerous regional
suppliers, distributors, and direct selling regional producers based
on manufacturers’ feedback. Forecasts have been based on the
expected demand from functional food ingredients. We have used the
top-down approach to estimate the global functional food ingredients
market, split into regions.
The
product type split of the market has been derived using a top-down
approach for each regional market separately, with the global product
type segment split being an integration of regional estimates.
Companies were considered for the market share analysis based on
their product portfolio, revenue, and manufacturing capacity. In the
absence of specific data related to the sales of functional food
ingredients of several privately held companies, calculated
assumptions have been made in view of the company’s product
portfolio and regional presence along with the demand for products in
its portfolio.
Global
Functional Food Ingredients Market: Competition Analysis
The
report covers a detailed competitive outlook that includes market
share and company profiles of key players operating in the global
market. Key players profiled in the report include Cargill,
Incorporated (U.S.), Ingredion Incorporated (U.S.), Archer Daniels
Midland Company (U.S.), Kerry Group PLC (Ireland), Associated British
Foods PLC (U.K.), E. I. Du Pont De Nemours and Company (U.S.), Arla
Foods (Denmark), BASF SE (Germany), Koninklijke Dsm N.V.
(Netherlands), DMH Ingredients (U.S.), Ajinomoto Co., Inc. (Japan).
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