Functional food & nutraceuticals are expected to gain high prevalence in the market on account of their health benefits. Prebiotics & probiotics strengthen the immune systems, improves digestion, and provides resistance against bacterial infection. Pharmaceutical and food processing companies are expected to invest heavily in new product development as consumers have demonstrated an increased preference for dietary supplements and probiotics. The rising geriatric population, medical discoveries, food innovation, increasing healthcare costs, and changing lifestyle is expected to benefit market growth. Functional foods are consumed extensively by consumers who suffer from diseases related to digestive health, weight management, immunity, clinical nutrition, and cardio health.