According to IMARC Group’s latest report, the global superfoods market reached a value of US$ 152.71 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 214.95 Billion by 2027, exhibiting at a CAGR of 5.74% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Superfoods are nutrient-rich food products that help in maintaining good health and wellbeing. They contain a rich amount of minerals, vitamins, antioxidants, fibers, fatty acids, etc. Superfoods mostly include a wide variety of fruits, vegetables, grains, seeds, herbs, roots, meat, etc. They help in improving heart health, boosting immunity, enhancing metabolism, mitigating the risk of premature aging, etc. Superfood ingredients are widely adopted in various value-added food products, such as bakery items, breakfast cereals, dairy products, confectioneries, beverages, instant food mixes, ready-to-eat items, etc.
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The rising consumer health consciousness, coupled with the increasing awareness towards several nutritional benefits of superfoods, is primarily driving the market growth. Moreover, the growing prevalence of obesity, diabetes, and heart-related ailments is also catalyzing the need for healthier alternatives for a calorie-rich diet. Additionally, the rising demand for ready-to-eat food products has propelled the utilization of superfood ingredients in the food processing industry. The growing consumer inclination towards gluten-free, vegan, and organic food products with plant-sourced ingredients has led to the emergence of newer product variants with prolonged shelf-life and easy storage benefits.
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List of Key Companies Covered in this Market Report:
- Archer-Daniels-Midland Company (NYSE: ADM)
- Creative Nature Ltd
- Del Monte Pacific Ltd (SGX: D03)
- Healthy Truth
- Nature’s Superfoods LLP
- Navitas LLC
- Nutrisure Limited (Supernutrients)
- Rhythm Superfoods LLC
- Suncore Foods Inc
- Sunfood Corporation
- Superlife Co. Pte. Ltd.
The report has segmented the market on the basis of product type, application, distribution channel and geography.
Breakup by Product Type:
- Grains & Seeds
- Herbs & Roots
Breakup by Application:
- Bakery and Confectionery
- Convenience/Ready-to-Eat Foods
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Independent Small Grocery Stores
- Online Sales
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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