Functional Food Ingredients Market Size was valued at US$ 96.4 Billion in 2020 and is projected to reach US$ 156.83 Billion by 2027 at a CAGR of 7.2% during the forecast period 2021 to 2027. Functional food ingredients are the ingredients that provide specific properties to the food such as taste, texture and flowability. They are generally considered as fortified, and enhanced food which delivers numerous health benefits when consumed at a regular basis. The functional ingredients are produced in various ways such as chemical or enzymatic hydrolysis, pressing, emulsification, and heat treatment. Functional Food Ingredients Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on global market gives historical, current, and future market sizes (US$ Mn) of type (minerals, probiotics, vitamins, prebiotics, essential oils, carotenoids, hydrocolloids, omega-3 & 6 fatty acids, and others), by health benefits (clinical nutrition, cardio health, sports nutrition, immunity, digestive health, and others), by application (sports/nutrition bars, convenience beverage, baby food, meat alternatives, dairy alternatives, and others) and geographic regions. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply.