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Functional Food & Beverage Markets Continue Healthy Growth

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By: Sean Moloughney

Editor, Nutraceuticals World

The functional food and beverage market continues to record healthy sales, despite deteriorating levels of consumer trust, according to a new report from independent market analyst Datamonitor entitled “Functional Food, Drinks & Ingredients: Consumer Attitudes & Trends.” Current market conditions suggest the functional food market will continue to witness impressive growth rates, the report says. The combined U.S., Western European and Asia-Pacific functional food and drink market is worth $72 billion, according to Datamonitor, which forecasts the same market will grow at a compound annual growth rate of 5.7% between 2007 and 2012.

For more information: Datamonitor, 44-20-7551-9336; E-mail: krao@datamonitor.com; Website: www.datamonitor.com.

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