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The functional food ingredients market size is estimated to grow by USD 53.14 billion at a CAGR of 7.38% between 2023 and 2028. The market's growth hinges on several factors, including the heightened demand for functional food ingredients, particularly probiotics, driven by a growing health consciousness among consumers. This trend is further fueled by an increasing preference for new varieties of functional foods that offer added health benefits. As consumers become more aware of the impact of their dietary choices on overall well-being, there is a rising interest in products that promote health and wellness. This shift in consumer behavior is propelling the demand for functional food ingredients, driving market growth. Additionally, advancements in food technology and research are leading to the development of innovative functional food products, further contributing to market expansion.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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