The article cited AMA's Global Functional Ingredients Market Study explored substantial growth with CAGR of 6.8%. According the report, Increasing Popularity of Food Extrusion Technology in the Agro-Food Processing Industry is one of the primary growth factors for the market. Rising Health Concerns and Adoption of Healthy Lifestyle among Consumers
is also expected to contribute significantly to the Functional Ingredients market. Overall, Food
applications of Functional Ingredients, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as BASF (Germany), Dow Chemical Company (United States), Archer Daniels Midland (United States), Golden Grain Group (China), Kerry Inc. (Ireland), Ajinomoto Health & Nutrition North America, Inc. (United States), DSM (Netherlands), Roquette Freres (France), Ingredion Incorporated (United States) and Royal Cosun (Netherlands) may see astonishing sales in this Market and certainly improve revenue growth.
The Source, such as Marine Sources, is boosting the Functional Ingredients market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Functional Ingredients market identified that the demand is rising in many different parts of the world as "Rising Healthcare Costs Is Driving Demand for Functional Foods Thus Boosting Demand for Functional Ingredients
". Furthermore, some recent industry insights like "In September 2018, Hayashibara Co., Ltd. announced that it has made a long-term agreement with Lonza Ltd. (Lonza), a leading supplier to the pharmaceutical, biotech, and specialty ingredients markets. The agreement will enhance a strategic partnership between the companies to further expand the market of capsules made from Pullulan." is constantly making the industry dynamic. One of the challenges that industry facing is "High Initial Cost Associated with the Installation of Functional Ingredients"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Functional Ingredients market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Functional Ingredients market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Functional Ingredients market tight? Which application/end-user category or Product Type [Protein, Probiotics and Prebiotics, Botanical Extracts, Minerals, Fatty Acids, Fibers and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Functional Ingredients market and other related sub-markets covered in the study.
o Key & emerging players in the Functional Ingredients market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Functional Ingredients market size is calculated using market estimation process, the Functional Ingredients market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Functional Ingredients market size has been validated using both top-down and bottom-up approaches.