The Canada functional foods and natural health products market size is projected to reach USD 30.32 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.5% during the forecast period. Rising prevalence of chronic diseases such as arthritis, cardiovascular problems, and diabetes coupled with the advantages associated with plant-extracted drugs over synthetic drugs are the factors expected to propel the overall demand.
Additionally, introduction of innovative products and technological advancements in health and wellness industry are anticipated to boost the market growth. A majority of food manufacturing companies have started using prebiotics as the primary ingredient to provide better nourishment and reduce health problems caused by harmful bacteria. Increasing demand for high functional foods to boost immunity and digestion is expected to drive the segment over the forecast period.
Although the presence of stringent regulations pertaining to the use of prebiotics and other dietary supplements is expected to restrict the segment growth, increasing involvement of regulating bodies in healthcare sector is expected to stimulate the growth in the forthcoming years.
Dairy products had the highest penetration in 2018 in terms of value. Milk-based drinks, spreads, and yogurts are rich in compounds and have good delivery systems for functional foods. Milk and dairy products contain constituents such as bioactive peptides, proteins, conjugated linoleic acid, calcium, omega-3 fatty acids, and vitamin D. These constituents have proven to show remarkable results including anti-carcinogenic, antihypertensive, anti-inflammatory, immune-modulating, hypocholesterolemic, and antimicrobial properties. These constituents help lower cholesterol absorption, drastically reduce blood pressure, and also reduces obesity-related metabolic disorders which is anticipated to boost the product demand during the forecast period.
Browse Full Report (Tables & Figures) @ https://www.grandviewresearch.com/industry-analysis/canada-functional-foods-natural-health-products-market
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