[b]Introduction:[/b]
Though conventionally there is no definition for “Functional Food”, depending on all the perspectives of different countries of what it means, we can say that Functional Foods are food that are consumed on daily basis like a part of the usual diet which provide additional benefits beyond typical food. Japan was the first country to coin this word but the whole concept of Functional Food remains ambiguous till date due to the lack of any authoritative definition of it. In any case, we can conclude that Functional Foods are foods enhanced with bioactive ingredients and which have demonstrated physiological benefits.
Examples: Probiotic yogurt, Pea fibre-fortified breads and Pasta.

[b]Table of contents and insights:[/b]
http://industryarc.com/Report/99/Functional-Food-and-Nutraceuticals-Market-Size.html
It is sometimes also known as “Nutraceutical” or “Health Food” where Nutraceutical is apparently the combination of words “Nutrition” and “Pharmaceutical”. It is a term given to products that range from isolated nutrients, dietary supplements, herbal products, special diets and processed foods.

[b]Attributions to this industry:[/b]
• People are becoming more preventive about their own health rather than fixing the damages that might happen if prevention is not taken.
• Conventional food does not seem to meet the bar that the hectic lifestyle has set these days. This gap is filled with the functional food products.
Geographical Analysis:
The US and Japan markets are significant in the functional food industry followed by Asia Pacific and European markets. Functional food fastest growth is being recorded in energy drinks, healthy snacks and breakfast products that include cereals and grains.

[b]Industry Arc Estimates:[/b]
• With an annual average growth rate of about 8.5%, the global market for functional food is forecast to exceed $305.4 billion by 2020.
• By 2020, the US is expected to dominate the market with a CAGR of 8.7% globally.
• The Indian nutraceuticals industry is expected to grow at 20 per cent to USD 6.1 billion by 2019-2020.

[b]Request for sample data / brochure:[/b]
http://industryarc.com/pdfdownload.aspx?id=99

Key Players:
• Coca Cola Co.,
• Dean Foods,
• General Mills Inc.,
• Kellogg Co.,
• Kraft Foods,
• Nestle S.A. and
• Pepsi Co.

[b]Related report you may be interested:[/b]
Food Testing Market: By Technology (Polymerase Chain Reaction, Mass Spectrometry, Chromatography, Immunoassay, Nuclear Magnetic Resonance) : By Testing Type & Geography
http://industryarc.com/Report/153/global-food-testing-equipment-market.html

[/b]Contact[/b]
Mr. Venkat
14 Middleport Road, Hamilton,
13346 NY, USA.
Email: [email protected]
Phone No: +1-614-588-8538(Ext101/102).