Brazil Functional Food Market Size & Outlook, 2025-2031
Brazil Functional Food Market Size
According to Straits Research analysis, the Brazil Functional Food Market was valued at USD 3274.89 Million in 2024 and is projected to reach USD 5359.21 Million by 2031, expanding at a CAGR of 7.3% during the forecast period. The growth is primarily driven by the increasing awareness of health and wellness among consumers, alongside advances in food technology and innovation. The agriculture and food industry, focusing on the production of nutrient-enriched products, fuels this demand. Moreover, emerging trends in sustainability and green production, particularly in agricultural practices, boost this growth further. Additionally, Brazil's robust export potential provides expansive opportunities, mainly due to technological advancements enhancing product shelf life. As Brazil strengthens its position in the functional food market, it is anticipated to become a dominant player regionally and globally.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Functional Food Market Highlights
- Within the Types category, Powder dominated in 2024 in terms of market size contribution.
- Over the forecast period, Liquid is forecasted to deliver the fastest growth, positioning it as the most lucrative Types segment.
- As of 2024, Brazil held 0.97% of the global functional food market size.
- By 2031, United States is anticipated to capture the largest share of the global functional food market.
- In Latin America, Rest of Latin America is expected to lead the regional functional food market size by 2031.
- Mexico will remain the fastest-growing market in Latin America, reaching USD 4707 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 3274.89 Million |
| Market Size In 2031 | USD 5359.21 Million |
| Largest segment | Powder |
| Fastest segment | Liquid |
| Units | Revenue in USD Million |
| CAGR | 7.3% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Brazil Functional Food Market Share By Types
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Types |
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| By Product |
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| By Applications |
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Brazil Functional Food Market By Types 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Functional Food Market By By Product 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Functional Food Market By By Applications 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
