Functional Food Market Share

Statistics for the 2023 & 2024 Functional Food market share, created by Mordor Intelligence™ Industry Reports. Functional Food share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Team License

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Corporate License

$8750

Book before:

Market Share of Functional Food Industry

The functional food market is competitive, with many domestic and multinational players competing for market share. As their key marketing strategies, companies focus on new product launches with healthier ingredients/organic claims and acquisitions, mergers, partnerships, and expansions. Some of the major players in the market studied are Danone SA, Nestlé S.A., PepsiCo Inc., Kellogg's Company, and Abbott Laboratories. 

Key players are now focusing on social media platforms and online distribution channels for their products, online marketing, and branding to attract more customers. To attain a larger market share, manufacturers are revitalizing their product portfolios targeting health-conscious consumers.

Functional Food Market Leaders

  1. Danone SA

  2. Abbott Laboratories

  3. PepsiCo Inc.

  4. The Kellogg's Company

  5. Nestlé S.A.

*Disclaimer: Major Players sorted in no particular order

Functional Food Market Concentration

Functional Food Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)