As per Future Market Insights (FMI), the global superfood market totaled US$ ~166 Bn in 2022 and is expected to exhibit a CAGR of ~6% to reach the value of ~US$ 299 Bn in 2032.According to a study by Future Market Insights (FMI), the market will show a steady rise at 4.9% CAGR between 2019 and 2029. According to the report, the rising demand for healthy food will stoke growth of the market. The report covers various growth drivers and restrains impacting the market’s growth trajectory. It discovers hidden opportunities for market players and helps them identify the most lucrative segments within the superfood market.
The demand for superfood is influenced by umpteen factors from rising inclination towards trendy diets to changing food habits of baby boomers. In addition to this, food innovations and rising geriatric population will continue aiding the expansion of the market through the forecast period.
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However during the forecast period, Europe and Latin America are likely to exhibit more lucrative growth opportunities. In terms of product type, the market can be classified into fruits, vegetables, grain and seeds and herbs and roots. Of these, demand for fruits is likely to remain considerably high through the course of the forecast period.
It includes in-depth insights into the superfood market. Some of these are:
Rising Demand from Bakeries and Confectionaries Boosts Growth
Growth in the superfood market corresponds directly to the expansion of the food and beverages industry. For instance, the superfood market is witnessing steady rate of growth over the last few years, which is attributable to the rising application in bakeries and confectionaries. Superfood is slowly gaining ground in the beverages sector as well. The increasing health concerns among consumers are reflected in their beverage choices as well. Due to their rising influence, several leading companies in the beverages sector are introducing fresh fruit and vegetable juices and drinks, which is expected to give impetus to the market.
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Competitive Landscape
Some of the leading players operating in the superfood market are Sunfood, Barleans, Nature’s Superfoods LLP, OMG! Organic Meets Good, Suncore Foods Inc., Superlife Co. Pte Ltd., Raw Nutrition, ADUNA Ltd and others.
As a result of increasing competition, superfood market players are focusing on expanding their online presence and improving sourcing process. According to the report, the superfood market offers scope for the entry of new players aided by the continuous shift in preferences of consumers towards healthy food. This also creates growth opportunities for the leading market players. The established players in the global superfood market are focusing on expanding their regional footprint and improving their productivity through innovations in technology.
Market Segmentation
By Type
Table Of Content
1. Global Super food Market – Executive Summary
2. Market Overview
3. Key Market Trends
4. Key Success Factors
5. Global Super food Market Demand Analysis 2014-2018 and Forecast, 2019-2029
6. Global Super food Market – Pricing Analysis
7. Global Super food Market Demand (in Value or Size in US$ Mn) Analysis 2014-2018 and Forecast, 2019-2029
8. Market Background
9. Global Super food Market Analysis 2014-2018 and Forecast 2019-2029, by Type
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Future Market Insights
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United Arab Emirates
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For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
The demand for superfood is influenced by umpteen factors from rising inclination towards trendy diets to changing food habits of baby boomers. In addition to this, food innovations and rising geriatric population will continue aiding the expansion of the market through the forecast period.
To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11053
However during the forecast period, Europe and Latin America are likely to exhibit more lucrative growth opportunities. In terms of product type, the market can be classified into fruits, vegetables, grain and seeds and herbs and roots. Of these, demand for fruits is likely to remain considerably high through the course of the forecast period.
It includes in-depth insights into the superfood market. Some of these are:
- The estimated value of the market was at US$ 156.3 Bn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
- Regionally, North America emerged as a key market for superfood.
- Europe and Latin America will remain steady as key markets for superfood.
- Fruits, among product types, is expected to remain the leading segment.
- Key players are likely to focus on technological advancements and improving their online presence to stay relevant in developed markets.
Rising Demand from Bakeries and Confectionaries Boosts Growth
Growth in the superfood market corresponds directly to the expansion of the food and beverages industry. For instance, the superfood market is witnessing steady rate of growth over the last few years, which is attributable to the rising application in bakeries and confectionaries. Superfood is slowly gaining ground in the beverages sector as well. The increasing health concerns among consumers are reflected in their beverage choices as well. Due to their rising influence, several leading companies in the beverages sector are introducing fresh fruit and vegetable juices and drinks, which is expected to give impetus to the market.
Ask More About This Report@ https://www.futuremarketinsights.com/ask-question/rep-gb-11053
Competitive Landscape
Some of the leading players operating in the superfood market are Sunfood, Barleans, Nature’s Superfoods LLP, OMG! Organic Meets Good, Suncore Foods Inc., Superlife Co. Pte Ltd., Raw Nutrition, ADUNA Ltd and others.
As a result of increasing competition, superfood market players are focusing on expanding their online presence and improving sourcing process. According to the report, the superfood market offers scope for the entry of new players aided by the continuous shift in preferences of consumers towards healthy food. This also creates growth opportunities for the leading market players. The established players in the global superfood market are focusing on expanding their regional footprint and improving their productivity through innovations in technology.
Market Segmentation
By Type
- Fruits
- Vegetables
- Grain and Seeds
- Herbs and Roots
- Other Types
- Hypermarkets/Supermarkets
- Online Channels
- Traditional Grocery Stores
- Convenience Stores
- Other Distribution Channel
Table Of Content
1. Global Super food Market – Executive Summary
2. Market Overview
3. Key Market Trends
4. Key Success Factors
5. Global Super food Market Demand Analysis 2014-2018 and Forecast, 2019-2029
6. Global Super food Market – Pricing Analysis
7. Global Super food Market Demand (in Value or Size in US$ Mn) Analysis 2014-2018 and Forecast, 2019-2029
8. Market Background
9. Global Super food Market Analysis 2014-2018 and Forecast 2019-2029, by Type
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
