New Jersey, United States – Superfoods Market 2022 – 2028, Size, Share, and Trends Analysis Research Report Segmented with Type, Component, Application, Growth Rate, Region, and Forecast | key companies profiled -Archer-Daniels-Midland Company, Creative Nature Ltd, Del Monte Pacific Ltd, and others.
Superfoods are nutrient-dense foods that help people maintain their overall health and wellness and lower their chance of contracting serious illnesses. They are rich in vitamins, minerals, fibre, antioxidants, and vital fatty acids that support the development of healthy skin, nails, and hair. Additionally, they strengthen bones and muscles, improve digestion, boost immunity, stimulate metabolism, and lessen the effects of ageing. In order to provide value-added food products like bakery goods, quick food mixes, dairy products, confections, drinks, and breakfast cereals, superfoods are widely used. One of the primary factors favouring the market is the rising prevalence of diabetes, obesity, and heart-related illnesses brought on by sedentary lifestyles and bad eating habits.
According to our latest report, the Superfoods market, which was valued at US$ million in 2022, is expected to grow at a CAGR of approximate percent over the forecast period.
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Additionally, the popularity of superfoods is largely being driven by people’s growing health consciousness and awareness of the advantages of eating a balanced diet. In addition, the market is expanding as a result of rising demand for RTE food products brought on by rapid urbanisation and hectic schedules. Additionally, the prevalence of superfoods with high nutrient contents and low-calorie counts is being fuelled by the world’s rising obesity incidence. Additionally, the growing consumer preference for gluten-free and vegan food products is providing manufacturers with significant growth potential. The market is also being driven by social media’s growing influence and industry players’ escalating spending on celebrity endorsements. Furthermore, it is projected that the market would rise because to the growing use of superfood ingredients in the personal care industry to create shampoos, serums, lotions, and body oils.
Division Segment:
On the basis of product, it is divided into fruits, vegetables, grains and seeds, herbs and roots, meat and others. And currently, fruits are dominating the market. Fruits currently dominate the market due to their significant nutritional value. And on the basis of application type, it is divided into bakery and confectionery, beverages, supplements, convenience that is ready to eat foods and others. Because they help the body stay hydrated, beverages clearly dominate the market.
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Regional Analysis:
Due to the expanding trend toward consuming nutrient-rich foods and beverages with reduced calorie contents as a result of the customers’ increased awareness of their health and well-being, North America dominated the worldwide superfoods market. The expansion of the local market is also being aided by recommendations from health organisations like the American Heart Association. The American Heart Association claims that consuming foods and oils high in omega-3 lessens the chance of developing heart illnesses. Therefore, consuming omega-3 EFAs has become more and more popular in recent years, particularly those produced from plants like chia seeds. The key industry players are anticipated to increase their R&D spending in the next few years, which would support the growth of the superfoods market in North America.
Competitive Analysis:
Some of the key players in the market are:
• Archer-Daniels-Midland Company
• Creative Nature Ltd
• Del Monte Pacific Ltd
• Healthy Truth
• Nature’s Superfoods LLP
• Navitas LLC
• Nutrisure Limited (Supernutrients)
• Rhythm Superfoods LLC
• Suncore Foods Inc
• Sunfood Corporation and Superlife Co. Pte. Ltd.
The following are some of the reasons why you should Buy a Superfoods market report:
- The Report looks at how the Superfoods industry is likely to develop in the future.
- Using Porter’s five forces analysis, it investigates several perspectives on the Superfoods market.
- This Superfoods market study examines the product type that is expected to dominate the market, as well as the regions that are expected to grow the most rapidly throughout the projected period.
- It identifies recent advancements, Superfoods market shares, and important market participants’ tactics.
- It examines the competitive landscape, including significant firms’ Superfoods market share and accepted growth strategies over the last five years.
- The research includes complete company profiles for the leading Superfoods market players, including product offers, important financial information, current developments, SWOT analysis, and strategies.
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