Functional Food Industry in the U.S.

According to, “Functional/Nutraceutical/Wellness Foods and Beverages,” a new report released by Business Communications Co., Inc., Norwalk, CT, the functional food industry in the U.S. was valued at $20 billion in 2002. BCC indicates that the market is expected to increase at an AAGR (average annual growth rate) of 13.3%, bringing the market value to $37.7 billion by 2007. This report examines the overall functional food market, as well as five of the major segments of the industry, including functional beverages and teas, fortified cereals, breads, and grains, soyfoods, functional snacks and candies and functional miscellaneous foods.

For more information: Business Communications Co., 203-853-4266; E-mail: [email protected]; Website: www.bccresearch.com.