South America to Dominate the Functional Food Ingredients Market by 2023
Functional food ingredients provide optimal growth, improve gut health, aid bone development, heart health, and improve immunity and nutritive health. Growth in the need for food enrichment due to high processing levels of food products and rise in the number of incidences of chronic diseases are few factors driving the market growth. This market is projected to reach USD 94.21 billion by 2023 from USD 68.60 billion in 2018, at a CAGR of 6.6%.
View full press release