Market Share of Functional Food Ingredient Industry
Key players in this market include Cargill, Incorporated, BASF SE, Archer Daniels Midland Company, DuPont, Kerry Group, and Koninklijke DSM NV, among others. These players have large product portfolios that cater to the shifting preferences of consumers. This factor intensifies the competition among the existing players in the market. The players are focusing on launching new ingredients with the changing consumer preference for healthy food products. The companies are collaborating with various food manufacturers to offer different functional ingredients according to their requirements. Further, the market leaders are also focused on offering a customized solution to the end-user industry, thereby, expanding their presence further in the market.
Functional Food Ingredient Market Leaders
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Cargill, Incorporated
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Archer Daniels Midland Company
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BASF SE
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Kerry Group
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DuPont de Nemours, Inc.
*Disclaimer: Major Players sorted in no particular order