The global functional foods and natural health products market size accounted for USD 6,851 million in 2024 and is expected to exceed around USD 12,385 million by 2034, growing at a CAGR of 6.1% from 2024 to 2034.
The demand for functional foods and natural health products market is growing because of increasing demand by consumers for nutritional and fortifying foods. The growing food and beverage industry has also increased awareness about healthy choice amongst consumers. This has drastically elevated the demand functional foods and natural health products because they are the better choice for health. The changing lifestyle patterns and longer life expectancy has driven the need for consumption of nutrient rich food that has natural sources.
The different advancements in production methods for snacks like use of multi grain flour to promote a healthier snacking option to a broader consumer base that is conscious of health. This same consciousness has driven up them demand for organic and naturally sourced ingredients or products. The emphasis on consuming of nutrient rich and naturally sourced food for well being is rising even amongst the geriatric population. The awareness regarding numerous health benefits related to eating nutritious and natural ingredient-based foods are the main factors that are helping the growth of functional foods and natural health products market.
Published by Vidyesh Swar
