Asia Pacific Functional Food Market Size
According to Straits Research analysis, the Asia Pacific Functional Food Market was valued at USD 133511.35 Million in 2024 and is projected to reach USD 222792.74 Million by 2031, expanding at a CAGR of 7.6% during the forecast period. This significant growth is attributed to the surge in healthcare awareness among consumers, increasing prevalence of chronic diseases, and rising disposable income in the region. Key industries propelling this market include agriculture, chemicals, and the energy sector. Innovative use of functional foods in combatting nutritional deficiencies is driving industry-specific demand. Emerging trends encompassing sustainability, green production, and technological advancements present new growth opportunities. Export potential also exists due to high demand in Western countries. The Asia Pacific region, with its strategic initiatives and investments, is poised to hold a dominant position in the global functional food market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Functional Food Market Highlights
- By market size, Powder led the Types category in 2024.
- The Types segment led by Liquid is estimated to post the fastest growth, sustaining its position as the most lucrative during the forecast timeframe.
- In 2024, Asia Pacific contributed 39.45% to the overall global functional food market size.
- By 2031, United States is anticipated to dominate the global market based on market size.
- India is expected to witness the fastest growth within Asia Pacific, attaining USD 58503 Million by 2031.
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Report Summary
| Report Scope |
Details |
| Base Year for Study |
2024 |
| Study Period |
2021-2031 |
| Historical Period |
2021-2023 |
| Forecast Period |
2025-2031 |
| Market Size In 2024 |
USD 133511.35 Million |
| Market Size In 2031 |
USD 222792.74 Million |
| Largest segment |
Powder |
| Fastest segment |
Liquid |
| Units |
Revenue in USD Million |
| CAGR |
7.6% (2025-2031) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Asia Pacific Functional Food Market Share By Types
Segmentation Covered
| Segments |
Sub Segments |
| Country |
- China
- India
- Japan
- Southeast Asia
- Australia
- Rest of Asia Pacific
|
| Types |
- Capsule & Tablet
- Powder
- Liquid
- Others
|
| By Product |
- Bakery & Cereals
- Dairy Products
- Meat
- Fish & Eggs
- Soy Products
- Fats & Oils
- Others
|
| By Applications |
- Sports Nutrition
- Weight Management
- Immunity
- Digestive Health
- Clinical Nutrition
- Cardio Health
- Others
|
Asia Pacific Functional Food Market By Country 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Functional Food Market By Types 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Functional Food Market By By Product 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Functional Food Market By By Applications 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.