Global Superfood Market Research Report

Superfood Market:

Growth opportunities in the superfood market look promising over the next six years. This is mainly due to the rapidly growing old age population, changing lifestyles of individuals, high demand for fruits increasing health awareness, and high disposable income.

Request for a FREE Sample Report on Superfood Market

Superfood Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The augmenting health awareness, increasing demand for fruits, and the rapidly rising old age population are the prominent drivers supporting the global superfood market's growth. The demand for food is increasing remarkably, despite the fluctuations in the food prices. Also, urbanization, altering individuals' lifestyle, and high disposable income are anticipated to boost the market growth. Consumers are more prone to healthy and convenient foods and prefer to have fruit-based drinks and meals owing to their hectic work schedules. The fruit-based meals are easy to prepare and save money and time. Thus, the surging demand for food supports the global growth of the market.

The huge demand for organic food and beverages led by the accelerating health awareness may fuel the market growth over the forecast period. Moreover, the widespread COVID-19 pandemic has augmented the demand for superfoods owing to the largest hit taken by the demand for essential food. Panic buying and food hoarding, reported by the reports of several cities throughout the world, is the crucial driver for expanding the market demand. Also, consumers are vigorously looking for a superfood to boost their immunity. The low cultivation of foods further leads to a boost in demand and prices of superfoods. However, the factor that would act as a constraint for the superfood market's growth is the increasing population with low disposable income, largely in underdeveloped and developing economies.

Type Segment Drivers

Based on the type, the market is segmented into grains & cereals, herbs & roots, fruits, vegetables, and others. The fruit segment is projected to lead the market over the forecast period due to the growing awareness in consumers about healthier diet patterns. Also, fruits offer many health benefits, like preventing heart disease, cancers, and high blood pressure, which will further bolster the market.

Regional Drivers

On the basis of regional coverage, North America is predicted to dominate the market over the forecast period because of the ongoing R&D activities and the rising popularity of nutritious low-calorie food. On the other hand, Asia-Pacific region is expected to grow at a faster CAGR during the forecast period attributing to the growing health concerns among consumers.

Superfood Market’s leading Manufacturers:

  • Del Monte Pacific Group Ltd
  • ADUNA Ltd.
  • Superlife Co. Pte Ltd.
  • Barlean’s
  • Suncore Foods Inc.
  • OMG! Organic Meets Good
  • Nature Superfoods LLP
  • Sunfood LLC.
  • The Green Labs LLC

Superfood Market Segmentation:

Segmentation by Type:

  • Fruits
  • Vegetables
  • Grains & Cereals
  • Herbs & Roots
  • Others

Segmentation by Application:

  • Bakery & Confectionery
  • Snacks
  • Beverages
  • Others

Segmentation by Region:

  • North America
    • United States of America
    • Canada

 

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

 


Comments

Post a Comment

Popular posts from this blog

Seizing the Europe Smart Home Market Opportunity

Image
 The Europe smart home market presents a vast and promising opportunity for businesses and consumers alike. With advancements in technology, changing lifestyles, and increasing awareness about energy efficiency, the smart home industry in Europe is ripe with potential for growth and innovation. The opportunity in the Europe smart home market stems from several key factors. Firstly, the region boasts a large and affluent consumer base that is increasingly embracing connected technology to enhance their lifestyles. From smart thermostats and lighting systems to security cameras and voice-controlled assistants, the demand for smart home devices is on the rise across the continent. Moreover, supportive regulatory initiatives and incentives aimed at promoting energy efficiency and sustainability are creating a conducive environment for the adoption of smart home technology in Europe. Tax incentives, rebates, and subsidies for energy-efficient home upgrades are encouraging homeowners to inv
Read more

Unlocking Opportunities: GCC Medical Packaging Market Growth in 2024

Image
The GCC medical packaging market is poised for substantial growth in 2024, driven by factors such as technological advancements, increasing healthcare spending, and a focus on patient safety. The region's growing population, coupled with rising demand for quality healthcare services, is fueling the expansion of the medical packaging sector. Let's explore the key drivers and opportunities contributing to the growth of the GCC medical packaging market this year. One of the primary drivers of market growth is the continuous innovation in medical packaging technologies. Companies are investing in advanced packaging materials, designs, and functionalities to meet the evolving needs of healthcare providers and patients. Smart packaging solutions equipped with sensors, RFID tags, and tracking capabilities are enhancing product safety, supply chain visibility, and real-time monitoring. This technological progress is driving the adoption of intelligent packaging solutions and fueling m
Read more

Riding the Wave: India Wireless Earphone Market Surges Amidst Growing Demand

Image
 The India Wireless Earphone Market is witnessing remarkable growth, buoyed by an increasing demand for wireless audio solutions and a shift towards a wireless lifestyle. With consumers seeking convenience, mobility, and superior audio quality, wireless earphones have emerged as a must-have accessory in today's digital age, driving significant market expansion. One of the key drivers of growth in the India Wireless Earphone Market is the rising penetration of smartphones and smart devices. With smartphone ownership becoming ubiquitous across urban and rural areas, there is a growing need for wireless earphones that complement these devices seamlessly. As consumers look for hassle-free connectivity and on-the-go audio solutions, the demand for wireless earphones continues to surge, fueling market growth. Moreover, technological advancements in wireless audio technology are driving market expansion. Innovations such as true wireless earbuds, active noise cancellation, and advanced B
Read more