NEW YORK, June 13, 2022 / PRNewswire / – In global market for health and wellness foods the value is expected to increase by $ 362.15 billion at CAGR of 8.27% over the forecast period. Technavio expects the European market to offer significant growth opportunities for market participants. The report provides detailed information on the size of the market, the current market scenario and the growth rate on an annual basis until 2025.
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The market is fragmented and the degree of fragmentation is expected to increase over the forecast period. Providers are focusing on adopting different strategies for organic and inorganic growth to remain competitive in the market. Technavio identifies Archer Daniels Midland Co., Danone SA, Dean Foods Co., General Mills Inc., GlaxoSmithKline Plc, Kellogg Co., Mondelez International Inc., Nestle SA, PepsiCo Inc. and Yakult Honsha Co. Ltd. as dominant players in the market.
Increasing the adoption of healthy eating habits will offer great opportunities for growth. To make the most of opportunities, market providers need to focus more on growth prospects in fast-growing segments, while maintaining their position in slow-growing segments.
To get the exact annual variance of growth and growth rate on an annual basisTalk to our analyst.
Segmentation of the health and wellness food market
- Product
- Naturally healthy food
- Functional food
- BFY food
- Organic food
- Food intolerance products
- Distribution channel
- Geography
- North America
- APAC
- Europe
- MEA
- South America
By product, the market will see maximum growth in the segment of natural healthy foods. The segment is guided by the health benefits associated with consuming naturally healthy foods, such as improved digestion, which allows better absorption of nutrients, regulation of blood sugar and better immunity due to the antioxidant properties of such foods.
Through the offline distribution channel, the segment reports maximum sales in the market in 2021. Factors such as excellent shopping and the advantage of one-to-one interaction between buyer and seller drive the growth of the segment.
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Technavio presents a detailed picture of the market by studying, synthesizing and summarizing data from multiple sources. Our report on the health and wellness food market covers the following areas:
Analysis of suppliers in the market of food for health and health
The report analyzes the competitive landscape of the market and offers information on several suppliers in the market, including:
- Archer Daniels Midland Co.
- Danone SA
- Dean Foods Co.
- Total Mills Inc.
- GlaxoSmithKline Plc
- Kellogg Co.
- Mondelez International Inc.
- Nestle SA
- PepsiCo Inc.
- Yakult Honsha Co. Ltd.
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Health Food and Wellness Market: Highlights
- CAGR on the market during the forecast period
- Detailed information on the factors that will support the growth of the health and wellness food market over the next five years
- Assess the size of the health and wellness food market and its contribution to the parent market
- Forecasts of upcoming trends and changes in consumer behavior
- The growth of the market for healthy and wellness foods
- Analysis of the competitive market environment and detailed information about suppliers
- Comprehensive details of the factors that will drive the growth of health and wellness food suppliers in the market
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Scope of the health and wellness food market |
|
Report coverage |
Details |
Page number |
120 |
Main year |
2020 |
Forecast period |
2021-2025 |
Inertia of growth and CAGR |
Accelerate at CAGR of 8.27% |
Market growth 2021-2025 |
$ 362.15 billion |
Market structure |
Fragmented |
Growth on an annual basis (%) |
8.14 |
Regional analysis |
North America, APAC, Europe, MEA and South America |
Making a market contribution |
Europe at 33% |
Key user countries |
USA, Great Britain, China, France and Japan |
The competitive environment |
Leading companies, competitive strategies, scope of consumer engagement |
Profiled companies |
Archer Daniels Midland Co., Danone SA, Dean Foods Co., General Mills Inc., GlaxoSmithKline Plc, Kellogg Co., Mondelez International Inc., Nestle SA, PepsiCo Inc. and Yakult Honsha Co. Ltd. |
Market dynamics |
Analysis of the main market, stimulators and barriers to market growth, analysis of fast and slow growing segments, impact of COVID 19 and future consumer dynamics, analysis of the market situation for the forecast period. |
Customization range |
If our report doesn’t include the data you’re looking for, you can contact our analysts and customize the segments. |
Contents:
Summary
Market landscape
- Market ecosystem
- Value chain analysis
Market sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Analysis of the five forces
- Negotiating power of buyers
- Negotiating power of suppliers
- Threat from new entrants
- Threat of deputies
- Threat of rivalry
- Market situation
Market segmentation by products
- Market segments
- Product comparison
- Naturally healthy food – Market size and forecast 2020-2025
- Functional food – Market size and forecast 2020-2025
- BFY Food – Market Size and Forecast 2020-2025
- Organic food – Market size and forecast 2020-2025
- Food Intolerance Products – Market Size and Forecast 2020-2025
- Market opportunity by product
Market segmentation by distribution channel
- Market segments
- Comparison by distribution channel
- Offline – Market Size and Forecast 2020-2025
- Online – Market Size and Forecast 2020-2025
- Market opportunity through a distribution channel
Client landscape
Geographical landscape
- Geographic segmentation
- Geographical comparison
- North America – Market size and forecast 2020-2025
- APAC – Market Size and Forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- Key leading countries
- Geographical market opportunities
- Market drivers
- Market challenges
- Market trends
Landscape of the seller
Supplier analysis
- Covered suppliers
- Market positioning of suppliers
- Archer Daniels Midland Co.
- Danone SA
- Dean Foods Co.
- Total Mills Inc.
- GlaxoSmithKline Plc
- Kellogg Co.
- Mondelez International Inc.
- Nestle SA
- PepsiCo Inc.
- Yakult Honsha Co. Ltd.
Application
- Scope of the report
- Currency conversion rates for US dollars
- Research methodology
- List of abbreviations
About us
Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides useful information to help businesses identify market opportunities and develop effective strategies to optimize their market position. With over 500 dedicated analysts, the Technavio Reporting Library consists of more than 17,000 reports and counts 800 technologies across 50 countries. Their customer base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and practical market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Email: [email protected] Website: www.technavio.com/
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SOURCE Technavio