Natural
functional food have been segmented on the basis of product types, which comprises of carotenoids, dietary fibers, minerals, fatty acids, vitamins, and prebiotics & probiotics.
Bioengineering company Probi AB (STO:PROB) announced on Tuesday the signing of a major agreement with a global FMCG-company for the launch of a
Functional Food product containing Probi's bacteria for gut health in North America and potentially other territories.
Consumers are preferring heart and other health condition-specific
functional food supplements due to various health issues associated with chronic conditions.
Stay up-to-date with
Functional Food and Beverage Market research offered by HTF MI.
He directed the PFA Licensing Wing to register
functional food manufacturing of all companies and Operations Wing was assigned to complete the mapping at the earliest.
In parallel, Probi said it is working on projects with other partners in
Functional Food that it plans to materialise in the future.
[ClickPress, Wed Feb 27 2019] Looking at the current market trends as well as the promising demand status of the "
Functional Food Market " market, it can be projected that the future years will bring out positive outcomes.
PFA will also introduce legislation in the
functional foods regulations against those
functional food products which are being sold at local shops without a prescription.
However, they cannot contain any ingredient listed in the
Functional Food Raw Materials Directory, or make any health claims.
In 2017, the
functional food and beverage segment by application is expected to be valued at more than US$ 1 Bn and is expected to expand at a CAGR of 16.7% in the global dietary fibres market over the forecast period to reach close to US$ 6 Bn by the end of 2026.