Health and Wellness Food Market by Geography, Product, and Distribution Channel - Forecast and Analysis 2021-2025
- Published: Sep 2021
- Pages: 120
- SKU: IRTNTR40960
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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?
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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.
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?
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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?
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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.
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
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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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Increasing adoption of healthy eating habits
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