Top Functional Nutrients Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Functional Nutrients Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Functional Nutrients industry players.

Functional Nutrients Market Competitive Landscape

The functional nutrients market is highly competitive, with numerous domestic and multinational players vying for market share. Companies' major marketing strategies are new product launches with healthy ingredients/organic claims, as well as acquisitions, mergers, collaborations, and expansions. Danone SA, Nestle SA, PepsiCo Inc., The Kellogg's Company, and Abbott Laboratories are among the market's key participants. To attract more customers, key businesses are now focused on social media platforms and online distribution channels for their products' online marketing and branding. Manufacturers are revitalizing their product ranges to attract health-conscious consumers in order to gain a larger share.

Top Players in Functional Nutrients Market

  • Nestle S.A. (Switzerland)
  • Danone S.A. (France) 
  • PepsiCo, Inc. (USA) 
  • Unilever PLC (UK/Netherlands) 
  • General Mills, Inc. (USA) 
  • The Coca-Cola Company (USA) 
  • DSM (Netherlands) 
  • BASF SE (Germany) 
  • Archer Daniels Midland Company (ADM) (USA) 
  • Cargill, Incorporated (USA) 
  • Kerry Group plc (Ireland) 
  • Glanbia plc (Ireland) 
  • Ingredion Incorporated (USA) 
  • IFF (International Flavors & Fragrances Inc.) (USA) 
  • Lonza Group AG (Switzerland) 
  • DuPont de Nemours, Inc. (USA) 
  • Arla Foods amba (Denmark) 
  • Yakult Honsha Co., Ltd. (Japan) 
  • Chr. Hansen Holding A/S (Denmark) 
  • Roquette Frères (France)

Functional Nutrients Market Recent Development

  • In August 2021, Danone has expanded its partnership with the artificial intelligence firm Brightseed to research the health benefits of plants. Over the next four years, the two companies will investigate the potential of common and lesser-known plants, as well as create a framework for a health-focused and regenerative global food system, all while speeding up Danone's plant-based product development. The collaboration may be able to develop a new category of functional foods that Danone will be able to commercialize globally.
  • In May 2021, Kellogg Company launched a new cereal product and transformed a classic childhood treat into cereal with the new Kellogg's Little Debbie Cosmic Brownies Cereal.
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Global Functional Nutrients Market size was valued at USD 134.2 billion in 2023 and is poised to grow from USD 145.2 billion in 2024 to USD 272.77 billion by 2032, growing at a CAGR of 8.2% during the forecast period (2025-2032).

The functional nutrients market is highly competitive, with numerous domestic and multinational players vying for market share. Companies' major marketing strategies are new product launches with healthy ingredients/organic claims, as well as acquisitions, mergers, collaborations, and expansions. Danone SA, Nestle SA, PepsiCo Inc., The Kellogg's Company, and Abbott Laboratories are among the market's key participants. To attract more customers, key businesses are now focused on social media platforms and online distribution channels for their products' online marketing and branding. Manufacturers are revitalizing their product ranges to attract health-conscious consumers in order to gain a larger share. 'Nestle S.A. (Switzerland)', 'Danone S.A. (France) ', 'PepsiCo, Inc. (USA) ', 'Unilever PLC (UK/Netherlands) ', 'General Mills, Inc. (USA) ', 'The Coca-Cola Company (USA) ', 'DSM (Netherlands) ', 'BASF SE (Germany) ', 'Archer Daniels Midland Company (ADM) (USA) ', 'Cargill, Incorporated (USA) ', 'Kerry Group plc (Ireland) ', 'Glanbia plc (Ireland) ', 'Ingredion Incorporated (USA) ', 'IFF (International Flavors & Fragrances Inc.) (USA) ', 'Lonza Group AG (Switzerland) ', 'DuPont de Nemours, Inc. (USA) ', 'Arla Foods amba (Denmark) ', 'Yakult Honsha Co., Ltd. (Japan) ', 'Chr. Hansen Holding A/S (Denmark) ', 'Roquette Frères (France)'

Technological developments in the functional food ingredients sector are driven by the introduction of new technologies such as encapsulation, nanoencapsulation, and bio-encapsulation. Encapsulation technology aids in the enhancement of the flavor of various food products. Omega-3 fatty acids, for example, are linked to unpleasant odor. The application of encapsulating technology improves the flavor and scent of these compounds. Recent advances in liposome technology are being employed in the production of a variety of substances, including probiotics and other functional food additives, which provide several health benefits. As a result, technical advancements for niche applications such as gourmet cuisine and infant care have increased.

Sustainability is a trend with remarkable staying power, with consumers increasing by around 24% year on year. There is also rising interest in the cradle to gate lifespan of a product, from raw material manufacture through post-use disposal. According to our estimates, three out of every five consumers worldwide are now curious about where their food comes from and how it is produced. As a result, consumers are increasingly considering regenerative farming, habitat conservation, and carbon footprint reduction before purchasing a product. 'Clean Label' now includes more than just ingredients. Consumers increasingly expect transparency in the sourcing and production procedures of their health products, and they expect the same for their dogs. For example, demands for safe treatment choices that are highly digestible and pleasant must be functional and sustainable.

In terms of revenue, Asia Pacific accounted for more than 40% of the total functional nutrients market share in 2021. The introduction of e-commerce websites such as Ali-Baba and Made-In-China in Southeast Asia is projected to boost regional growth. Because of its growing population and expanding disposable income, Asia Pacific has one of the greatest marketplaces for these products. Rapidly increasing processed food consumption, as well as increased health and fitness awareness in developing economies, are important driving factors for the regional market. Consumers' concerns about food safety are expanding throughout the region, influencing consumer behavior and, as a result, fueling growth. Food fortification is likely to be the government's primary priority in combating rising concerns about malnutrition and poverty. This, in turn, is predicted to considerably contribute to market growth.

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Global Functional Nutrients Market
Functional Nutrients Market

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