Latest Developments in Global Functional Food Ingredients Market

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Latest Developments in Global Functional Food Ingredients Market

  • Food & Beverage
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In October 2022, Teijin Limited established the Teijin Meguro Institute Co., Ltd. to enhance its capabilities in developing and manufacturing probiotics aimed at functional food applications. This initiative is designed to advance research in probiotics, enabling the company to offer high-quality functional food ingredients. The focus on probiotics aligns with growing consumer interest in gut health, providing innovative solutions for health-conscious consumers seeking dietary enhancements
  • In April 2022, At the Vitafoods Europe event in Geneva, Bioberica announced the launch of new ingredients targeting the digestive health and skin and beauty sectors. This strategic expansion aims to diversify their product portfolio and meet rising consumer demand for health-focused ingredients. Among their innovations, the company showcased Collavant n2, a native type II collagen ingredient designed for joint health, highlighting its potential in functional food applications
  • In July 2021, Kerry Group, a leading Irish food company, confirmed its acquisition of Biosearch Life for USD 150 million. This strategic move enables Kerry to broaden its healthy ingredient offerings, particularly in probiotics and omega-3 fatty acids. By integrating Biosearch Life’s expertise and products, Kerry aims to enhance its competitive edge in the growing market for health-focused ingredients, catering to the increasing consumer demand for wellness solutions
  • In February 2021, in a significant investment collaboration, Cargill and Manna Tree invested in Evolve BioSystems, Inc. This partnership aims to advance the commercialization of cutting-edge probiotics that address deficiencies in the infant gut microbiome. By focusing on infant health, the collaboration seeks to create specialized probiotic solutions that can enhance the development of newborns, reinforcing the importance of gut health from an early age
  • In February 2020, Grupo Arcor and Ingredion Incorporated announced a joint venture to bolster their manufacturing capabilities and expand their geographic reach in Argentina, Chile, and Uruguay. This collaboration aims to enhance their offerings in the food and beverage sector, allowing both companies to leverage each other's strengths. By combining resources, they intend to innovate and provide high-quality food ingredients that meet diverse consumer needs in the region