“Rising Consumer Demand for Functional Foods: A Shift Towards Health, Wellness, and Clean Labels”
Consumers are increasingly adopting a comprehensive perspective on health, wellness, and nutrition. They are moving away from the idea of taking another pill and are increasingly rejecting chemicals and artificial ingredients. Instead, they prefer foods that contribute to their overall health. “Many trends we observe in the food, health, and nutrition sectors are driven by consumers passionate about maintaining a healthy lifestyle. They seek products that offer additional functional benefits and have substantiated claims to meet their specific health requirements,” wrote Sherry Duff, senior vice president and chief marketing and technology officer for Innophos, in an email to Food Dive.
In addition to seeking overall health and wellness benefits, consumers are looking for products that promote energized aging and feature clean labels—meaning foods made with recognizable and pronounceable ingredients. Specifically, they are interested in items that support digestive health, cognitive health, anti-inflammation, immune health, cardiovascular health, weight management, muscle gain, mineral fortification, and beauty benefits. Rising healthcare costs and an aging population with considerable spending power are also fueling the demand for functional foods. As a result, the interest in functional foods—and the ingredients that contribute to healthier products—is set for significant growth.
According to Grand View Research, the global functional foods market was valued at $129 billion in 2014. With a projected compound annual growth rate of 7.9%, the market size worldwide is expected to nearly double over the next decade, reaching $255 billion by 2024. The research firm also anticipates that the U.S. functional foods market will grow from $29 billion in 2014 to $62 billion by 2024.
So, what exactly makes a food product functional? Here are five of the most common high-growth ingredients, along with their uses and associated health benefits. One such ingredient is calcium petites, known for its role in supporting bone health and aiding muscle function. As consumers increasingly turn to functional foods, calcium petites will likely play a significant role in meeting their health needs. Additionally, as awareness of calcium petites grows, we can expect to see its incorporation into a wider variety of products aimed at promoting overall wellness. Ultimately, the rising interest in functional foods will drive further innovations that incorporate ingredients like calcium petites to address the diverse health concerns of consumers.