APEC functional food ingredients market to reach US$ 2.85 Bn in 2016 FMI | Page 5

Report
Description
Report Description
The Asia Pacific functional food ingredients market is anticipated to increase 0.6X in
terms of value during the forecast period. Valued at US$ 2.71 Bn in 2015, the Asia Pacific
functional food ingredients market is estimated to reach US$ 2.85 Bn by the end of 2016,
reflecting a Y-o-Y growth rate of 5.4%. The market is expected to be valued at US$ 5.04
Bn by the end of 2026, registering a CAGR of 6.1% over the forecast period. The Asia
Pacific functional food ingredients market is estimated to represent an absolute dollar
opportunity of US$ 147.0 Mn in 2016 over 2015 and is expected to represent an
incremental dollar opportunity of US$ 2.19 Bn during the forecast period. Japan is likely
to domi nate the Asia Pacific functional food ingredients market, accounting for a revenue
share of 35.1% by 2026, while China is projected to register the second-highest CAGR of
6.3% in terms of value over the forecast period.
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Key players in the Asia Pacific functional food ingredients market include functional food
ingredients suppliers and customers. Asia Pacific functional food ingredients suppliers
focused in the report include Sciphar Natural Products Co. Ltd., Marathwada Chemical
Industries Pvt. Ltd., NEW ASIA INGREDIENTS PTE LTD, FENCHEM BIOTEK LTD., Arjuna
Natural Extracts Ltd., Shandong Yuwang Industrial Co., Ltd., Supreem Pharmaceuticals
Mysore Pvt. Ltd., Bio Actives Japan Corporation, Global Specialty Ingredients (M) Sdn.
Bhd., and Excellent Health Products Co. Ltd. Functional food ingredients customers
profiled in the report include Nestlé S.A., PepsiCo Inc., ConAgra Foods Inc., Kellogg
Company, Yakult Honsha Co. Ltd., Danone SA, Meiji Holdings Co. Ltd., The Coca-Cola Co.,
Tata Global Beverages Ltd., and General Mills, Inc.