The global functional food ingredients market size was valued at USD 99.5 billion in 2021 and is poised to grow at a significant CAGR of 7.1% during the forecast period 2022-28. Functional nutrients are those that, in addition to their fundamental nutritional worth, have the power to positively influence health. They are more preventative than curative in nature. The rise in demand for fortified food and beverage items, as well as rising consumer health awareness, are the primary drivers of the functional ingredients market. In addition to other factors such as flavour, quality, safety, and convenience, consumers today want processed food to be healthful and sustainable. End-users are aware of nutritional benefits, consider food safety to be important, and are looking for products that contain health-promoting ingredients as a result of changing preferences, growing disposable income, and western-style eating habits, which boosted sales for the food and beverage industry, which in turn enhanced the development of the functional ingredient market as end-users are aware of nutritive value, consider food safety to be important, and are looking for products that possess health-promoting ingredients and disease-preventing properties.

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Protein's importance as a physiologically active component of diets has been recognised in recent years. Protein has represented health, and individuals are increasingly organising their diets around it, whether it is connected with weight control, athletic performance, or maintaining an ageing body lean and strong. Protein is growing more popular among customers around the world since it is considered 'anti-fat' and 'anti-sugar,' as well as a good source of quick energy. As a result, customers are increasingly looking for protein ingredients in food and beverage items, which is likely to boost the worldwide functional food ingredients market's growth.

The global functional food ingredients market segmentation:
1) By Type: Minerals, Probiotics, Vitamins, Prebiotics, Essential Oils, Carotenoids, Hydrocolloids, Omega-3 & 6 Fatty Acids, and Others.
2) By Health Benefits: Clinical Nutrition, Cardio Health, Sports Nutrition, Immunity, Digestive Health, and Others
3) By Application: Sports/Nutrition Bars, Convenience Beverage, Baby Food, Meat Alternatives, Dairy Alternatives, and Others.

Due to reasons such as increased globalisation, changing lifestyles, and growing buying power in the region, Asia Pacific is expected to drive demand for bioactive ingredients in the food and beverage industry. Furthermore, rising awareness of the benefits of bioactive compounds in a number of countries, particularly China, India, Indonesia, Japan, and Malaysia, is expected to promote their use in the food and beverage industry in the coming years.

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There are several industry players working in the Functional Food Ingredients Market, which include Tate & Lyle PLC (U.K) Associated British Food plc (U.K) I. du Pont de Nemours & Company (U.S) Cargill, Incorporated (U.S.) Koninklijke DSM N.V. (The Netherlands) Associated British Food plc (U.K.)

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