India Functional Food Market Size & Outlook, 2025-2031
India Functional Food Market Size
According to Straits Research analysis, the India Functional Food Market was valued at USD 35074.75 Million in 2024 and is projected to reach USD 60612.54 Million by 2031, growing at a CAGR of 8.2% during this forecast period. This substantial growth is driven by applications in the health, wellness, and food industries due to increased consumer focus on disease prevention and overall health maintenance. Further, rising disposable incomes, urbanization, and influence of western-based diet patterns have influenced this sector positively. Innovative technologies are also enabling low carbon and sustainable production practices, fostering market growth. Moreover, India's vast agricultural sector opens possibilities for export, offering an additional growth opportunity. With a strong focus on research and development in functional foods, India is positioning itself as a significant global player in this growing market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Functional Food Market Highlights
- In 2024, Powder accounted for the highest share of the Types market size.
- During the forecast period, Liquid is set to register the highest growth, making it the most lucrative Types segment.
- India contributed 10.36% to the global functional food market size in 2024.
- By 2031, United States is forecasted to remain the largest global market for functional food market.
- In Asia Pacific, China is projected to capture the leading share of market by 2031.
- Among Asia Pacific markets, India is expected to post the fastest growth, reaching 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 35074.75 Million |
| Market Size In 2031 | USD 60612.54 Million |
| Largest segment | Powder |
| Fastest segment | Liquid |
| Units | Revenue in USD Million |
| CAGR | 8.2% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
India 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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India Functional Food Market By Types 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Functional Food Market By By Product 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Functional Food Market By By Applications 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
