How Global Superfoods Market Players Should Strategize For 2022-2031
25 May, 2022
The global superfoods market size is expected to grow from $164.38 billion in 2021 to $175.49 billion in 2022 at a compound annual growth rate (CAGR) of 6.76%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global superfood market size is expected to reach $228.04 billion in 2026 at a CAGR of 6.77%.
What is the Global Superfoods Market?
The superfoods market consists of sales of superfoods by entities (organizations, sole traders, and partnerships) that refers to food items having high levels of specific nutrients such as antioxidants, vitamins, or minerals and extra health benefits. Superfoods offer high nutritional benefits for minimal calories and help in personal health and wellness or preventing disease and sickness. Superfoods are combined with a well-balanced diet to promote heart health, weight loss, improve energy levels and even reduce the effects of aging.
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What drives the Global Superfoods Market?
The increasing number of health-conscious consumers is significantly driving the growth of the superfoods market. Superfoods have high vitamin and mineral content which boosts the immune system and keeps the body healthy. According to the International Food Information Council's (IFIC) 2020 food and health survey, Americans have a strong interest in becoming more health-conscious, with 43% following a specific diet or eating pattern in 2020, up 38% from 2019. Also, 54% of all consumers cared more about the healthfulness of their food and beverage choices in 2020 than did in 2010. Hence, the increasing number of health-conscious people is expected to propel the growth of the superfoods market in the forecast period.
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https://www.thebusinessresearchcompany.com/report/superfoods-global-market-reportGlobal Superfoods Market Segments
The global superfoods market is segmented:
By Product Type: Fruits, Vegetables, Grains and Seeds, Herbs and Roots, Meat, Others
By Application: Bakery and Confectionery, Beverages, Supplements, Convenience/Ready-to-Eat Foods, Others
By Distribution Channel: Supermarkets/ Hypermarkets, Online Channels, Traditional Grocery Stores, Convenience Stores, Others
By Geography: The regions covered in the superfoods market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Superfoods Global Market Report 2022provides market size and growth forecasts for the global superfoods market, global superfoods market share, superfoods market segments and geographies, superfoods market competitive landscape including leading competitors’ revenues, profiles and market shares. The superfoods market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Superfoods Industry Playersinclude Archer Daniels Midland Co., Creative Nature Ltd., Del Monte Pacific Ltd., General Mills Inc, Healthy Truth, Nature Superfoods, Rhythm Superfoods LLC, Superlife Co. Pte. Ltd., OMG! Organic Meets Good, Del Monte Foods, Inc, ADUNA Ltd., Essential Living Foods, Inc., Food Matters International Pty Ltd, Imlak'esh Organics and Impact Foods International Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.