Top Functional Foods Companies

The market for functional foods is very competitive, with many public and private companies working on product research and innovation. Public corporations have been active in launching tactics to achieve market competitive advantages. Privately held market players are anticipated in the near future. Amway Corp., for example, invested USD 15 million in its Michigan manufacturing facility in 2021 to redesign a 90,000-square-foot production plant to exclusively create sugar-free XS Energy Drinks that are sold globally. This new mill produces XS energy drinks for the United States, Latin America, and Canada.

In recent years, the functional foods market has seen significant advancements in terms of product innovation & portfolio expansion, among other things. For example, in March 2021, Arla Foods Chemicals introduced Lacprodan ISO for beverage fortification, launching a new protein-enriched fruit drink idea.

Top Player’s Company Profiles in Global Functional Foods Market

• Nestlé S.A.

• Danone S.A.

• General Mills, Inc.

• Kellogg Company

• The Coca-Cola Company

• PepsiCo, Inc.

• Abbott Laboratories

• Yakult Honsha Co., Ltd.

• GlaxoSmithKline plc

• Archer Daniels Midland Company

• DuPont de Nemours, Inc.

• Amway Corporation

• The Hain Celestial Group, Inc.

• Meiji Holdings Co., Ltd.

• BASF SE

• Royal FrieslandCampina N.V.

• Dean Foods Company

• Unilever N.V.

• Kraft Heinz Company

• Campbell Soup Company

Global Functional Foods Market