Health Foods Market Size Worth USD 1,365.60 Billion in 2030 | Emergen Research

Health Foods Market Size Worth USD 1,365.60 Billion in 2030 | Emergen Research
Emergen Research
Increasing consumption of nutrient-enriched foods to improve overall health is a key factor driving health foods market revenue growth

The latest research report, titled ‘Global Health Foods Market’, can be considered a profound analysis of the global Health Foods industry that focuses on crucial data and information pertaining to the sales and revenue shares. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Health Foods market. The report offers a holistic coverage of the Health Foods market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets.

The global health foods market size was USD 935.00 Billion in 2021 and is expected to register a revenue CAGR of 4.2% during the forecast period, according to latest analysis by Emergen Research. Increasing consumption of nutrient-enriched foods to improve overall health is a primary factor driving market revenue growth.  A healthy food diet promotes, maintains, and improves overall health. Fluid, macronutrients, micronutrients, and enough food energy are essential for good health and nutrition. It protects against a variety of chronic noncommunicable diseases including diabetes, heart disease, and cancer. Healthy eating strengthens bones and muscles, heals broken body cells, and boosts protection against hazardous exterior substances.

Increasing consumption of plant-based packaged food, is a recent trend in the market. According to 2021 research from International Food Information Council, 65% of individuals claim to have consumed plant-based meat substitutes in the previous year. The plant-based movement connects into a variety of rising consumer objectives including health protection, environmental stewardship, and ethically motivated eating. When they eat more plant-based meals, customers frequently remark that they feel healthier physically and better about how they are using their food budgets.

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Global Health Foods Market Report – Segmental Analysis:

The global Health Foods business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Health Foods business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.

Emergen Research has segmented global the health foods market based on product, distribution channel, and region:

Product Outlook (Revenue, USD Billion; 2019-2030)

Natural Health Food

Functional Food

BFY Food

Organic Food

Others

Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)

E-Commerce

Retail Stores

Key Geographies Profiled in the Report:

North America(the U.S., Mexico, and Canada)

Asia Pacific(China, Japan, India, and Rest of Asia Pacific)

Europe(the U.K., France, Germany, and Rest of Europe)

Latin America(Brazil and Rest of Latin America)

Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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Some Key Highlights From the Report

The functional food segment accounted for largest revenue share in 2021. In the recent years, popularity of functional foods has increased in health and wellness industries. Nutraceuticals, also known as functional foods, are exceptionally nutrient-dense and have been connected to a number of powerful health benefits. For example, they can act as a barrier against disease, stop dietary deficiencies, and promote normal growth and development. Functional meals are usually bursting with essential vitamins, minerals, fiber, and healthy fats. Functional foods provide essential nutrients that can help in prevention of sickness. In addition, specific nutrients are required for babies and toddlers to grow and develop appropriately. A balanced and healthy diet should contain a variety of functional foods, such as nutrient-rich whole foods such as fruits, vegetables, whole grains, and legumes. These are main factors driving revenue growth of this segment.

The E-Commerce segment accounted for largest revenue share in 2021. The expansion of this market is supported by increase in variety of online services available and quick rise in internet users. Customers use e-commerce websites to avoid the trouble of going shopping in-person, where they can choose from a wide selection of items and take advantage of beneficial bargains and discounts. The way individuals buy and sell health food products, is changing as a result of e-commerce, as e-commerce websites provide a number of advantages over conventional sales channels when comparing them in terms of product availability, price, shipping options, and many other important features. Majority of customers also choose to shop online as it has lower prices than other retailers and physical stores.

Competitive Outlook:

This section of the report performs a thorough investigation into the intensely competitive landscape of the global Health Foods market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant.  The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers & acquisitions, joint ventures, partnerships, corporate deals, and brand promotions.  The key industry participants include:

ADM, Danone SA, Dean Foods, Dairy Farmers of America, Inc., Mondelez International, General Mills Inc., GSK plc, Kellogg’s Company, Nestle, and PepsiCo.

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Key Objectives of the Global Health Foods Market Report:

An all-inclusive analysis and forecast estimation of the market have been included in this report.

The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Health Foods market and its leading players.

The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.

The report, additionally, presents a comprehensive analysis of the key elements of the Health Foods market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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