Functional Food and Nutraceuticals Market Globally Expand At A CAGR Of 7.39% During 2016 - 2020

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The global functional food and nutraceuticals market is divided into the following categories: 
Functional food
Functional beverage
Dietary supplement

Functional food
Functional food, as opposed to ordinary food, includes components or ingredients that provide a specific medical or physiological benefit, in addition to the primary nutritional benefits.

Functional beverage
A functional beverage is a non-alcoholic drink made with non-traditional ingredients like herbs, minerals, vitamins, amino acids, or raw fruits or vegetables. It provides specific health benefits such as improving joint mobility, boosting the function of the immune system or heart, increasing energy and satiety, and creating a sense of well-being.

Dietary supplement
Dietary supplements contain dietary ingredients that supplement the diet by adding more nutritional value. Dietary supplements include one or any combination of substances like minerals, amino acids, vitamins, and herbs. Dietary supplements are available in various forms including powders, pills, tablets, liquids, or gel capsules. Dietary supplements are consumed to add nutrients as well as reduce the risk of diseases.

Technavios analysts forecast the global functional food and nutraceuticals market to grow at a CAGR of 7.39% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global functional food and nutraceuticals market for 2016-2020. To calculate the market size, the report considers revenue generated from the sale of the following product categories:
Functional food
Functional beverage
Dietary supplement

The market is divided into the following segments based on geography: 
North America
Europe
APAC
ROW

Technavio's report, Global Functional Food and Nutraceuticals Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

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Key vendors 
BASF
Coca-Cola
Kellogg
Nestl
PepsiCo 

Other prominent vendors 
Abbott Nutrition
Amway
Bayer HealthCare 
Bio-Engineered Supplements and Nutrition (BSN) 
Champion Nutrition
Clif Bar
Creative Bioscience
CytoSport
Danone 

Market driver 
Increase in medical costs
For a full, detailed list, view our report 

Market challenge 
Adulteration of products
For a full, detailed list, view our report 

Market trend 
Rise in preventive healthcare
For a full, detailed list, view our report 

Key questions answered in this report 
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors? 

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