Health and Wellness Food Market by Geography, Product, and Distribution Channel - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR40960
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The health and wellness food market has the potential to grow by USD 362.15 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 8.27%.

This health and wellness food market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (naturally healthy food, functional food, BFY food, organic food, and food intolerance products), distribution channel (offline and online), and geography (North America, APAC, Europe, MEA, and South America). The health and wellness food market report also offers information on several market vendors, including 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. among others.

What will the Health and Wellness Food Market Size be in 2021?

Browse TOC and LoE with selected illustrations and example pages of Health and Wellness Food Market

 Get Your FREE Sample Now!

Health and Wellness Food Market: Key Drivers and Trends

The increasing adoption of healthy eating habits is notably driving the health and wellness food market growth, although factors such as the high cost of health and wellness food may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the health and wellness food industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

   

  • The increasing number of people who are changing their eating habits and adopting a healthy nutritional diet and active lifestyle is a key factor contributing to the health and wellness food market growth.
  • People across the globe are understanding the importance of a balanced diet, exercise, and regular physical activity, which is essential for the growth of the market in focus.
  • Nutritional diets have been linked with emotional, physical, and cognitive health and the lack of such balanced diets can lead to poor health and diseases. This is increasing the demand for nutritional food.
  • The rising importance of organic food made from natural ingredients over inorganic food products that are made with synthetics is another key driver supporting the health and wellness food market growth.
  • Synthetics are chemical compounds and excessive consumption of synthetics can weaken or damage major functions in the body.
  • Organic food products come with a limited shelf life and are healthy and safe for consumption as they do not contain harmful substances.

This health and wellness food market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Health and Wellness Food Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Archer Daniels Midland Co.
  • Danone SA
  • Dean Foods Co.
  • General Mills Inc.
  • GlaxoSmithKline Plc
  • Kellogg Co.
  • Mondelez International Inc.
  • Nestle SA
  • PepsiCo Inc.
  • Yakult Honsha Co. Ltd.

 

This statistical study of the health and wellness food market encompasses successful business strategies deployed by the key vendors. The health and wellness food market is fragmented and the vendors are deploying growth strategies such as prioritizing the organic food segment to compete in the market. The demand for organic food contributes to the growth of the global health and wellness food market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The health and wellness food market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Health And Wellness Food Market?

For more insights on the market share of various regions Request for a FREE sample now!

33% of the market’s growth will originate from Europe during the forecast period. The UK and France are the key markets for the health and wellness food market in Europe. Market growth in this region will be faster than the growth of the market in other regions.

The growing importance of organic food over inorganic food products will facilitate the growth of the health and wellness food market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Health and Wellness Food Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The health and wellness food market share growth by the naturally healthy food segment will be significant during the forecast period. The increase in global consumption of natural foods is due to their additional health benefits. As the food regulatory authorities are not engaged in rulemaking to establish a formal definition and policy for the use of 'natural' in human food labeling, the absence of such regulations and certifications along with the growing demand for healthy food has helped bring in more vendors, thereby leading to the rapid growth of the market.

This report provides an accurate prediction of the contribution of all the segments to the growth of the health and wellness food market size and actionable market insights on post COVID-19 impact on each segment.

 

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this Health and Wellness Food Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive health and wellness food market growth during the next five years
  • Precise estimation of the health and wellness food market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the health and wellness food industry across North America, APAC, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of health and wellness food market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
The health and wellness food market growth will increase by $338.95 billion during 2019-2024.
The health and wellness food market is expected to grow at a CAGR of 8.40% during 2019-2024.
Technavio has segmented the health and wellness food market by product (Naturally health food, Functional food, BFY food, Organic food, and Food intolerance products) ,distribution channel (Retail stores and Online stores) , and geographic (North America, APAC, Europe, MEA, and South America).
Archer Daniels Midland Co., Danone SA, Dean Foods Co., Mondelez Global LLC, General Mills Inc., GlaxoSmithKline Plc, Kellogg Co., Nestle SA, PepsiCo Inc., Yakult Honsha Co. Ltd. are a few of the key vendors in the health and wellness food market.
Europe will register the highest growth rate of 31.46% among the other regions. Therefore, the health and wellness food market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the health and wellness food market growth are:
  • Increasing adoption of healthy eating habits
The health and wellness food market vendors should focus on grabbing business opportunities from the naturally health food segment as it accounted for the largest market share in the base year.
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase

Technavio's SUBSCRIPTION platform

Register for a free trial today and gain instant access to 17,000+ market research reports.

START YOUR FREE TRIAL

Enquire Before Buying
  1. Home
  2. Consumer Staples
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>