功能性食品

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公司	股票代码（国家）	独特特点	细节 / 额外洞察	投资 / 市场观点	功能性食品原料市场
嘉吉 (Cargill)	N/A（美国）	全球最大私人企业之一；家族控股；强烈的可持续发展举措。	涉及农业、食品及工业产品多个领域；由于私有化运作，公开可见度较低。	不可投资；对全球农业和食品原料市场影响力大。	在功能性食品原料方面活跃，专注于植物蛋白和清洁标签解决方案。
巴斯夫 (BASF SE)	BAS.DE（德国）	领先的化工企业，兼顾创新、环保和社会责任。	在作物保护和营养领域有强势布局；大量投资绿色化学和可再生材料。	化工多元化投资；股息稳定；增长与工业及农业需求相关。	开发生物基功能原料，包括食品应用的酶和植物提取物。
阿彻丹尼尔斯米德兰 (ADM)	ADM（美国）	全球营养领导者；在食品、饮料等领域提供可持续和创新解决方案。	涵盖农业收购、营养及工业产品多元化业务；是全球供应链的重要参与者。	农业业务收益稳定；受全球食品供应链影响。	功能性食品原料重要供应商，提供蛋白质、膳食纤维及甜味剂。
凯瑞集团 (Kerry Group)	KRYAY（爱尔兰）	专注于味道、营养及食品科学；产品组合涵盖食品、饮料、生物技术、医药及主动健康。	以客户驱动创新为核心；在天然风味和生物活性成分的研发上有强大实力。	创新驱动增长，重点在健康导向原料。	功能性食品原料领先供应商，包括益生菌、膳食纤维及植物蛋白。
英格里迪恩 (Ingredion Incorporated)	INGR（美国）	提供甜味剂、淀粉、营养原料及生物材料。	食品及工业应用兼顾；强调清洁标签和植物基解决方案。	加工食品需求稳定；受益于清洁标签和植物基趋势。	提供多种功能性原料，如膳食纤维、乳化剂和特殊甜味剂。
DSM-Firmenich	DSFIR.AS（荷兰）	合并实体，将健康、营养、生物科学与香料/味觉技术结合。	健康科学与感官科学战略整合；注重可持续消费解决方案。	在营养、健康及香料市场多元化；通过创新实现增长。	开发生物活性成分，包括维生素、矿物质及益生菌，用于功能性食品。
味之素 (Ajinomoto Co., Inc.)	2802（日本）	专注于氨基酸、食品产品及医药。	在调味品和鲜味解决方案上具全球影响力；利用生物技术开发健康导向产品。	食品业务稳定，生物技术及健康营养具增长潜力。	聚焦氨基酸及发酵衍生原料，用于功能性食品。
泰特莱 (Tate & Lyle PLC)	TATE.L（英国）	专注于健康食品原料，如低/无热量甜味剂及膳食纤维添加剂。	从糖生产转型至功能性原料；与营养创新建立紧密合作关系。	健康导向原料增长潜力大；受益于膳食纤维及低热量甜味剂趋势。	提供膳食纤维和低热量甜味剂，面向功能性食品市场。
吉维德 (Givaudan SA)	GIVN（瑞士）	香料与美容领域领导者；开发持久香气和异味控制技术。	活跃于消费品和奢侈品市场；强调可持续性及天然原料。	收益稳定，毛利高；受益于奢侈品及消费品市场。	开发天然风味及生物活性化合物，用于功能性食品。
国际香料与香精 (IFF)	IFF（美国）	注重协作型气味创作。	创新文化驱动；通过并购扩展至健康、保健及植物基风味。	并购及植物基/健康风味市场带来增长。	提供功能性原料，包括益生菌、膳食纤维及植物蛋白。
科尔比昂 (Corbion N.V.)	CRBN（荷兰）	擅长发酵及可持续保鲜解决方案。	生物基化学品、乳酸衍生物及绿色防腐剂；契合循环经济趋势。	生物基化学品及可持续食品解决方案增长；ESG吸引力高。	专注于通过发酵工艺生产功能性食品原料。
罗盖特 (Roquette Frères)	N/A（法国）	家族企业；全球植物基原料及药用辅料领导者。	覆盖100多个国家；强调植物蛋白和膳食纤维在营养与健康领域的应用。	私有；植物基原料增长潜力大，投资者获取有限。	提供多种植物基功能性原料，包括蛋白质和膳食纤维。
BENEO	N/A（比利时）	来自天然来源的功能性原料。	在益生元纤维和低GI碳水化合物领域有专长；B2B营养业务专注度高。	私有；功能性食品和健康导向原料增长潜力吸引。	开发益生元纤维和低GI碳水化合物，用于功能性食品。
格兰比亚 (Glanbia plc)	GLB（爱尔兰）	提供全生命周期的营养改善方案。	在运动营养及乳制品原料领域具有强势地位；结合全球健康与保健趋势。	受益于运动营养及全球乳制品原料市场增长。	提供蛋白质及生物活性成分等功能性原料，用于食品应用。
诺维信 (Novozymes A/S)	NZYMB（丹麦）	生物技术领导者；提供酶及微生物以实现可持续发展。	工业酶先锋；在农业、洗涤剂及食品领域降低环境足迹。	可持续增长的生物技术故事；具有较强ESG吸引力。	开发用于功能性食品的酶及益生菌，提升健康效益。
克里汉森 (Chr. Hansen A/S)	CHR（丹麦）	生产天然食品菌种、酶及着色剂。	强调天然及清洁标签解决方案；在乳制品、益生菌及发酵领域有稳固合作。	受益于天然食品及清洁标签趋势；食品菌种业务持续增长。	专注天然菌种及益生菌，用于功能性食品应用。
隆萨集团 (Lonza Group AG)	LONN（瑞士）	生物技术及制药制造领导者。	CDMO（合同开发与生产组织）；为生物制剂及细胞/基因疗法提供战略合作。	制药/生物技术CDMO领域高成长潜力；客户基础稳健。	提供益生菌及生物活性成分等功能性原料，用于食品应用。
CP Kelco	N/A（美国）	专注于食品及饮料用水凝胶。	关键供应商，提供质感改良；天然胶及果胶在健康食品中广泛应用。	私有；受益于健康食品趋势；增长潜力稳定。	开发水凝胶及果胶，用于功能性食品应用，提升质感及健康效益。
帝人 (Teijin Limited)	3401（日本）	开发先进材料及生物技术解决方案。	产品组合多元，从航空复合材料到医疗保健；强调可持续材料创新。	工业及医疗保健多元化；通过先进材料及可持续趋势实现增长。	通过生物技术参与食品功能性原料开发。

[cernivtsi]

Company	Probiotics / Prebiotics	Dietary Fibers	Proteins / Peptides	Vitamins / Minerals	Omega-3 / Fatty Acids	Antioxidants / Polyphenols	Plant Sterols / Bioactives
Cargill	✓	✓	✓	✓	✓	✓	✓
BASF SE				✓	✓	✓	✓
ADM	✓	✓	✓				✓
Kerry Group	✓	✓	✓	✓
Ingredion	✓	✓	✓			✓
DSM-Firmenich	✓	✓	✓	✓	✓	✓	✓
Ajinomoto			✓		✓
Tate & Lyle		✓	✓			✓
Givaudan						✓
IFF	✓	✓		✓		✓
Corbion		✓		✓		✓
Roquette		✓
BENEO	✓	✓
Glanbia			✓
Novozymes	✓
Chr. Hansen	✓
Lonza	✓			✓
CP Kelco		✓
Teijin	✓	✓

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Global Functional Food Ingredients Leaders – Ranked by Strategic Significance (November 2025)

Company	Stock Code (Country)	Distinctive Edge	Key Details / Strategic Insights	Investment / Market View	Functional Food Ingredients Focus
Novonesis	NZYM.B (Denmark)	Formed by merger of Novozymes + Chr. Hansen (completed Jan 2024). World’s largest probiotic & enzyme platform.	>40,000 microbial strains; flagship BB-12®, LGG®, FiberCare™, LactoSolve™; >2,000 clinical studies. Sets global standards for gut health and clean-label processing.	Listed on Nasdaq Copenhagen. Long-term bio-manufacturing leader; strong ESG profile and pricing power.	Food enzymes (texture, lactose reduction), probiotics (gut/immune/feminine health), fermentation technology.
DSM-Firmenich	DSFIR (Netherlands + Switzerland)	World’s largest integrated nutrition + sensory company. Listed on Euronext Amsterdam. Firmenich family holds 43% + golden share.	Combines Life’s DHA® (Omega-3), vitamins, Life’s Probiotics®, and flavor-masking tech. Nutrition sales grew 9% YoY in Q1 2025. EFSA/FDA claim leadership across life stages.	Publicly investable. No dividend during integration (2024–2025), but R&D spend exceeds €1B/year.	Vitamins, Omega-3 (DHA/ARA), probiotics, plant actives, sensory masking solutions.
Kerry Group	KRY.L (UK)	Global leader in taste + nutrition co-innovation. Nutrition = 58% of 2024 revenue.	ProDiem™ 2.0 (beany-free pea protein); acquired Probio-Max; partnered with MycoTechnology on mycoprotein. Deep integration with Nestlé, PepsiCo, Unilever on “function + flavor” masking.	Premium valuation justified by high-margin innovation and sticky B2B relationships.	Probiotics, plant proteins, dietary fibers, natural emulsification & stabilization systems.
Archer Daniels Midland (ADM)	ADM (USA)	Vertically integrated “farm-to-formula” nutrition platform. Human Nutrition: $5.1B revenue in 2024 (22% of total).	Acquired Deerland Health (2023); co-leader in Allulose; launched Fibersol®-LG (low-GI fiber). Offers end-to-end sugar reduction & gut health solutions with regulatory support.	Core nutrition business trades at a premium; exposed to three megatrends: plant protein, fiber, and low-sugar.	Allulose, prebiotic fibers, plant proteins, custom nutrient delivery & health claim support.
Tate & Lyle	TATE.L (UK)	Pure-play health ingredients company after selling sweeteners business in 2023.	Allulose technology leader (patented enzymatic process); Promitor® soluble fiber used by Nestlé, Danone. New Mexico plant online in 2025. Directly enables global sugar taxes & fiber fortification compliance.	High-margin nutrition segment (35%+ gross margin). One of the cleanest exposure to functional carbohydrate trends.	Allulose, soluble corn fiber, prebiotics, clean-label texturization systems.
Corbion	CRBN.AS (Netherlands)	Global leader in lactic acid & biobased clean-label solutions.	Lumina™ extends plant-based meat shelf-life; Verdad® replaces chemical preservatives via fermentation. Partnered with Novonesis on next-gen prebiotics. EU “Farm to Fork” strategy tailwind.	Small-cap ESG leader (MSCI AA). High relevance in sustainable preservation.	Lactic acid, biopreservatives, clean-label acidulants, fermentation-derived functional ingredients.
Ajinomoto Co.	2802.T (Japan)	Global leader in amino acid science; AJI-NO-MOTO® is cash cow.	Commercializing fermentation-derived GABA, theanine, BCAA for cognitive & sports beverages. Launched AminoGut™ for gut-brain axis. High clinical substantiation in Asia.	Food segment stable; health nutrition grew 14% YoY. JPY depreciation supports overseas margins.	Functional amino acids (GABA, theanine, BCAA), umami enhancers, fermented health ingredients.
Givaudan	GIVN.SW (Switzerland)	World #1 in flavors & fragrances; fully integrated Naturex (plant actives).	Launched Health Ingredients unit: ashwagandha, curcumin, green tea extracts. Developed sugar-free chocolate flavor masking for Nestlé. Strong in premium botanicals.	High-margin business (>45% gross); health ingredients = strategic but smaller growth pillar.	Natural plant extracts, bioactives, flavor-masking for functional foods/beverages.
Glanbia	GLB.IR (Ireland)	Global leader in performance & active nutrition; exited cheese in 2024.	Nutritional Solutions grew 12% in 2024. BioPerine® (black pepper extract) enhances nutrient absorption. Deep ties to MyProtein, Amazon, and sports brands.	Exposed to whey volatility, but clear nutrition pivot. Benefits from aging and fitness megatrends.	Whey/milk proteins, bioactive peptides, vitamin premixes, absorption enhancers.
International Flavors & Fragrances (IFF)	IFF (USA)	Formed via merger with DuPont Nutrition (2021); streamlining portfolio in 2024–2025.	Core assets: HOWARU® probiotics, Nutriose® fiber, PURIS™ pea protein. Selling non-core flavor assets to reduce debt. Strong IP but execution lags peers.	High leverage remains concern; nutrition R&D is world-class but undercapitalized.	Probiotics, soluble fibers, plant proteins, stabilization systems.
Ingredion	INGR (USA)	Transformed from starch processor to health ingredients innovator.	Exited erythritol in 2024; focuses on NUTRAFLX™ pea protein and PREBIOTIC+™ fibers. Collaborating with Coca-Cola on next-gen low-sugar bases.	Short-term headwinds offset by >20% growth in protein/fiber. Strong cash flow supports reinvestment.	Clean-label starches, plant proteins, prebiotic fibers, low-calorie sweetening systems.
Roquette Frères	N/A (France)	Global leader in pea protein & polyols; family-owned, operates in 100+ countries.	NUTRALYS® S85E pea protein achieves PDCAAS=1.0 (matches whey). New French protein plant (2025). Key supplier to Nestlé, Danone, Beyond Meat.	Private; valued €8B. IPO or acquisition likely long-term; tech lead but scale limited by ownership.	Pea/rice proteins, maltitol, dietary fibers, pharma excipients.
BENEO	N/A (Belgium)	Subsidiary of Südzucker; global leader in prebiotic fibers & low-GI carbs.	Orafti® inulin/FOS has EFSA-approved claim (“contributes to normal bowel function”). Palatinose™ used in sports nutrition for sustained energy.	Private; stable 8% annual growth. Clinical gold standard, but narrow product scope.	Inulin, FOS, isomaltulose, resistant starch.
CP Kelco	N/A (USA)	Leading hydrocolloid producer; business unit of DuPont Nutrition & Biosciences.	GENU® pectin for plant-based yogurt; KELCOGEL® gellan gum for clean-label texture; Citrus Fiber for natural emulsification.	Private (within DuPont); not separately investable but critical for texture in plant-based foods.	Pectin, gellan gum, xanthan gum, citrus fiber.
Lonza Group	LONN.SW (Switzerland)	Global pharma/nutrition CDMO; sold Capsugel in 2024.	Nutrition CDMO: custom probiotics, botanical extracts, gummies, softgels for Amway, Nestlé Health Science.	Pharma CDMO dominates (>80% revenue); nutrition is high-margin but <5% of sales—non-core.	Probiotic CDMO, botanical actives, custom delivery formats (gummies, capsules).
BASF SE	BAS.DE (Germany)	World’s largest chemical company; spun off agricultural business in 2024.	Nutrition & Care segment: vitamins (B12, D3), carotenoids, food enzymes. Expanded capacity in 2024. Partnered with ADM on rare sugar bioproduction.	Nutrition is a small, stable segment (€2.1B) within a cyclical chemical giant. Dividend yield 5%.	Vitamins, carotenoids, food enzymes, natural plant extracts for fortification.
Cargill	N/A (USA)	World’s largest private agri-food company; 150+ years family-owned; net-zero by 2030.	Exited low-margin commodity ingredients; focuses on Cargill Health Technologies: Prolide™ high-solubility plant proteins, clean-label texturizers.	Not investable. Systemically influential but low transparency; more commodity than innovation leader.	Plant proteins, clean-label hydrocolloids, custom nutritional blends.