NEW YORK, June 13, 2022 / PRNewswire / – The global health and wellness food market the value should grow 362.15 USD billions at a CAGR of 8.27% over the forecast period. Technavio expects the European market to offer significant growth opportunities for market players. The report provides detailed insights into the size of the market, the current market scenario, and year-on-year growth rates through 2025.
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The market is fragmented and the degree of fragmentation is expected to increase over the forecast period. Vendors are focusing on adopting various organic and inorganic growth strategies 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.
The growing adoption of healthy eating habits will offer immense opportunities for growth. To make the most of the opportunities, market providers should focus more on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Market segmentation of health and wellness foods
- Product
- Natural food for health
- Functional food
- BFY food
- Organic food
- Products for food intolerances
- Distribution channel
- Geography
- North America
- APAC
- Europe
- MEA
- South America
By product, the market will see the highest growth in the natural foods segment. The segment is driven by the health benefits associated with consuming naturally healthy foods, such as improved digestion which allows for better nutrient absorption, blood sugar regulation, and improved immunity due to the antioxidant properties of such food items.
By distribution channel, the offline segment represented the highest market sales in 2021. Factors such as a superior shopping experience and the benefit of one-to-one buyer-seller interaction are driving the segment’s growth.
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Technavio presents a detailed picture of the market through the study, synthesis and sum of data from multiple sources. Our Health and Wellness Food Market report covers the following areas:
Analysis of health and wellness food market suppliers
The report analyzes the competitive landscape of the market and offers information on different vendors in the market, including:
- Archer Daniels Midland Co.
- Danone SA
- Dean Foods Co.
- General Mills Inc.
- GlaxoSmithKline Plc
- Kellogg Co.
- Mondelez International Inc.
- Nestlé SA
- PepsiCo Inc.
- Yakult Honsha Co. Ltd.
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Health and Wellness Food Market: Highlights
- Market CAGR over the forecast period
- Detailed information on the factors that will help the growth of the health and wellness food market over the next five years
- Estimation of the size of the health and wellness food market and its contribution to the parent market
- Forecast on upcoming trends and changes in consumer behavior
- The growth of the health and wellness food market
- Analysis of the competitive landscape of the market and detailed information on suppliers
- Complete details on the factors that will challenge the growth of vendors in the health and wellness food market
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Market scope of health and wellness foods |
|
|
Report coverage |
Details |
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Page number |
120 |
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Reference year |
2020 |
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Forecast period |
2021-2025 |
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Moment of growth and CAGR |
Accelerate to 8.27% CAGR |
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Market growth 2021-2025 |
362.15 billion dollars |
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Market structure |
Fragmented |
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Year-on-year growth (%) |
8.14 |
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Regional analysis |
North America, APAC, Europe, MEA and South America |
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Contribution of the performing market |
Europe at 33% |
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Key consumer countries |
United States, United Kingdom, China, France and Japan |
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Competitive landscape |
Leading companies, competitive strategies, area of consumer involvement |
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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. |
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Market dynamics |
Core Market Analysis, Market Growth Inductors and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period. |
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Expertise for customization |
If our report did not include the data you are looking for, you can contact our analysts and customize the segments. |
Summary :
Synthesis
Market landscape
- Market ecosystem
- Value chain analysis
Market sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: forecasts for 2020 – 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of newcomers
- Threat of substitutes
- Threat of rivalry
- Market condition
Market segmentation by product
- Market segments
- Comparison by product
- Naturally Healthy Foods – Market Size and 2020-2025 Forecast
- Functional Foods – Market Sizes and Forecasts 2020-2025
- BFY Food – Market Size and 2020-2025 Forecasts
- Organic Food – Market Size and 2020-2025 Forecasts
- Products for food intolerances – Market size and 2020-2025 forecasts
- Market opportunity by product
Market segmentation by distribution channel
- Market segments
- Comparison by distribution channel
- Offline – 2020-2025 market size and forecast
- Online – 2020-2025 market size and forecast
- Market opportunity by distribution channel
Customer landscape
Geographic landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and 2020-2025 forecasts
- APAC – 2020-2025 market size and forecast
- Europe – Market size and 2020-2025 forecasts
- MEA – 2020-2025 market size and forecasts
- South America – Market size and 2020-2025 forecasts
- Main leading countries
- Market opportunities by geographic area
- Market driver
- Market challenges
- Market trend
Seller landscape
Supplier analysis
- Covered suppliers
- Positioning on the supplier market
- Archer Daniels Midland Co.
- Danone SA
- Dean Foods Co.
- General Mills Inc.
- GlaxoSmithKline Plc
- Kellogg Co.
- Mondelez International Inc.
- Nestlé SA
- PepsiCo Inc.
- Yakult Honsha Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates per US $
- Research methodology
- List of abbreviations
Who we are
Technavio is a world-leading technological research and consultancy company. Their research and analysis focuses on emerging market trends and provides useful information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of over 17,000 reports and counts, covering 800 technologies, in 50 countries. Their customer base is made up of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base is based on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in the existing and potential markets and assess their competitive positions within evolving market scenarios.
Contact
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Email: [email protected] Website: www.technavio.com/
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SOURCE Technavio
