Lifestyle-Related Diseases Propel Surge in Functional Food Ingredient Market, Expected to Reach US$ 217,430 Million by 2034

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Developed and developing countries, like the United States, China, and Japan, are facing the serious concern of an aging population. The growth of this demographic in these countries has generated a huge demand for food ingredients that not only meet basic nutritional needs but also cater to the specific health concerns associated with aging. Functional food ingredients make a perfect choice as they offer targeted health benefits, promote overall well-being, and address age-related health issues.

The demand for functional food ingredients in the general population is also rising as individuals increasingly prioritize proactive approaches to health and well-being. The rising prevalence of chronic diseases, such as hypertension, obesity, and diabetes, is further fueling this demand. Government support in the form of subsidies and policies is also one of the main drivers for the growth of this market.

To respond to this ever-increasing demand for functional food ingredients, key players in the market are constantly developing innovative formulations and expanding their product portfolios. The availability of these ingredients on e-commerce platforms and stores makes their adoption feasible. This factor also augments the market growth for functional food ingredients.

"The world is constantly pushing toward sustainability. Companies involved in the functional food ingredient market must adopt eco-friendly and ethical sourcing practices for ingredients to appeal to environmentally conscious consumers," says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).

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About the Author:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results. Another feather to her cap manifests in the form of process automation. She is vocal about bringing automation to the fore to bring a 360-degrees-round revolution in manufacturing sector

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor's Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

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