Growing necessity for food of high-nutritive value owing to rising health concerns is anticipated to spur demand for functional ingredients. These natural ingredients possess essential properties such as health promotion and energy boosting, which are likely to prevent consumers from harmful diseases.
Functional Ingredients |
New Vegan Snack to Offer High Protein and Fiber
Major product variants of functional ingredients are polydextrose, rice protein, maltodextrin, pectin, probiotics, modified starch, omega-3, omega-6, conjugated linoleic acid (CLA), and protein hydrolysate. In the coming years, rice protein segment is likely to contribute for maximum revenue generation owing to its health benefits. Rice protein can be derived from both white as well as brown rice where white rice comprises of 2% fat, 8% protein, and 90 % carbohydrates. High nutritive value of rice protein is likely to spur its demand over whey and soy protein.
Considering the rising demand, most food and beverages companies are introducing new products rich in rice protein. For instance, Dough Bar recently launched Crispy Bars containing 15 grams of protein and nine grams of fiber. In addition, this new healthy snack is gluten-free, soy-free, vegan, and infused with fairy dust. It is expected to be available in chocolate and original flavor offering enough sweet and marshmallowy taste.
The global functional ingredients market is likely to value USD 96.1 billion by 2026, according to a report by Grand View Research, Inc. Shifting focus on collaboration of food products with vitamins, minerals, and herbal extracts can spur market growth in the coming years. Increasing disposable income coupled with growing number of urban residents can foster market growth. Growing efforts to develop favorable environment for incorporation of functional ingredients in beverages and food items can impel growth of the market in the coming years. Increasing adoption of healthy and high-nutritive value food owing to growing health awareness is expected to propel market growth during the forecast period (2017 to 2026).
Some of the prominent companies operating in the market for functional ingredients are Golden Grain Group Limited, FMC Corporation, Omega Protein Corporation, Ingredion Incorporated, and NutriBiotic.
In-Depth Research Report On Functional Ingredients Market:
https://www.grandviewresearch.com/industry-analysis/functional-ingredients-market
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