SkyQuest’s Superfoods Market report provides actionable insights for those interested in valuable data, trends, and opportunities in a rapidly growing industry. Moreover, the report is produced and published in a concise manner, which makes it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a holistic view of the current market situation and future projections.
Westford USA, April 30, 2023 (GLOBE NEWSWIRE) — SkyQuest projects that the superfood market will reach a value of USD 214.3 billion by 2030 growing at a CAGR of 4.87% during the forecast period (2022-2030). People are becoming very health conscious due to diseases such as obesity and diabetes, and customer preferences are shifting towards healthier meals, which is expected to expand the market. The high vitamin and mineral content of superfoods can help the body fight disease. Additionally, these foods promote weight loss and lessen the effects of aging when included in a balanced diet.
According to SkyQuest, customers are increasingly interested in knowing the components of the meals and beverages they consume. This is leading to an increase in demand for own-brand and naturally-derived products, which is driving the popularity of own-brand ingredients. This is due to concerns about the components used in the long-term nutritional value of foods and beverages and their effects on environmental sustainability and human health. Being healthy requires frequent exercise and a good diet, which is why superfoods are also expected to gain popularity. On the other hand, e-commerce is growing incredibly. Superfoods are expected to experience rapid development in the coming years due to their accessibility, attractive packaging, and the well-established health benefits of items such as CBD.
Browse the in-depth TOC on “Superfood Market”
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Pages – 242
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Tables – 93
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Numbers – 71
Consumers favor superfoods because of their high content of vitamins, antioxidants, minerals and fiber. They have excellent nutritional values, which help prevent many diseases such as excess cholesterol, diabetes, obesity and others. The superfoods market is expected to be driven in the coming years by increasing spending on health beneficial foods and growing consumer awareness of the health benefits of superfoods. Additionally, the market will grow owing to changing consumer taste preferences and growing consumer awareness of healthier food options.
Leading Players in the Superfoods Market
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The beverage segment is expected to grow owing to the growing demand for healthy meals
The beverage segment is responsible for the largest revenue share of around 38% in 2021, followed by bakery & confectionery and snacks at 35% and 25%, respectively. Growing consumer demand for healthy meals and drinks has led some companies to focus on creating a wide variety of juice and drink mixes. Additionally, the superfood market will be driven by consumer desire for inventive and delicious confectionery products, driving an expansion in the bakery and confectionery category.
North America dominates the superfood market with a revenue share of almost 52%. The demand for superfoods is increasing rapidly due to its growing popularity among consumers. The expansion of the superfood market in North America is fueled by the adoption of advanced technologies and increasing investment in R&D activities. Additionally, the United States Food and Drug Administration recently announced that food manufacturers can now make a qualified health claim that helps consumers consuming omega-3 fatty acids with a lower risk of coronary heart disease on food. that contain these nutrients.
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The fruit segment is expected to grow due to its high nutritional value
The fruit segment represents 39% of turnover. Eating nutrient-dense fruits can help prevent diseases such as cancer and heart attacks because they contain a variety of antioxidants. Citric acid is also a powerful anti-inflammatory in berries and fruits. As a component of a balanced and nutritious diet, super fruits are growing in popularity as fruits are packed with vitamins, minerals and fiber and are considered the healthiest foods for consumers. The superfood industry category for grains and seeds is experiencing the fastest expansion. The most popular superfood, chia seeds, has great nutritional value.
The Asia-Pacific region is also expected to grow at a slower pace due to the region’s growing labor force and rising prevalence of sedentary lifestyle contributing to obesity. Expansion is also expected to widen as metropolitan cities continue to grow rapidly. It is expected that the consumption of nutritious cuisine prepared with healthy ingredients will increase in countries such as Japan, China and India.
A comprehensive analysis of the major players in the Superfoods Market has recently been carried out in a report. The report encompasses various aspects including collaborations, mergers, innovative business policies and strategies, providing valuable insights into key trends and breakthroughs in the market. In addition, the report examines the market share of major segments and presents detailed geographical analysis. Finally, the report sheds light on the major players in the industry and their efforts to develop innovative solutions to meet the growing demand.
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Key developments in the superfoods market
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Mother Earth Vinegar introduced Apple Cider Vinegar Superfood Tea Pods in 2022. It introduced the first and only organic Apple Cider Vinegar Superfood Tea Pods to stores nationwide. Kosher, caffeine-free, plant-based, and recyclable organic apple cider vinegar pods are available.
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A retail distribution agreement was reached in 2022 between NEXE Innovations Inc., a pioneer in the manufacture of plant-based products, and PSC Natural Foods. PSC Natural Foods Ltd., a well-known distributor of organic and natural foods serving Vancouver Island and British Columbia, has a network of over 200 locations.
Key Questions Answered in the Superfoods Market Report
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What specific growth drivers are expected to impact the market during the forecast period?
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List the best companies in the market and explain how they reached their positions of influence?
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How do regional trends and patterns differ within the global market and how do these differences shape future market growth?
Related Reports in the SkyQuest Library:
Global cocoa and chocolate market
Global Protein Drink Rtd Market
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