The “Functional Food Market by Ingredient, Product, Application: Global Opportunity Analysis and Industry Forecast 2021-2027” report has been added to ResearchAndMarkets.com’s offering.
The functional food market size was valued at $177,770.00 million in 2019, and is estimated to reach $267,924.40 million by 2027, registering a CAGR of 6.7% from 2021 to 2027.
Functional food is high in nutrients & protein and offers a number of powerful health benefits. People are increasingly consuming additional essential nutrients and protein, which they do not get from regular food in the diet.
Probiotics ingredients are gaining significant traction in the functional food market owing to various benefits such as it improve mental health conditions, and reduce the severity of certain allergies and eczema. It is viable microbial dietary supplements that when introduced in sufficient quantities, beneficially affect human organism through their effects in the intestinal tract.
Growing urbanized population, increasing spending on the health