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Superfoods Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR40975
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The superfoods market share is expected to increase by USD 115.62 billion from 2021 to 2025, and the market’s growth momentum will accelerate at a CAGR of 7.83%.

This superfoods 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 (superfruits, superseeds and supergrains, edible seaweed, and others) and geography (North America, Europe, APAC, South America, and MEA). The superfoods market report also offers information on several market vendors, including Archer Daniels Midland Co., Creative Nature Ltd., Del Monte Pacific Ltd., General Mills Inc., Healthy Truth, Nature Superfoods, Navitas LLC, Rhythm Superfoods LLC, Sunfood, and Superlife Co. Pte. Ltd. among others.

What will the Superfoods Market Size be in 2021?

Download the Free Report Sample to Unlock the Superfoods Market Size for 2021 and Other Important Statistics

 

Superfoods Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing adoption of superfoods is notably driving the superfoods market growth, although factors such as the high threat from substitutes 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 superfoods industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • One of the key factors driving growth in the superfoods market is the growing adoption of superfoods.
  • The extensive use of superfoods, such as avocado, berries, and baobab seeds and fruits, as ingredients in value-added products, such as superfood powder and superfood packaged snacks, is expected to be the major driver of superfoods exports.
  • The number of value-added superfood products launched is also increasing rapidly, which, in turn, is expected to spur the demand for superfood ingredients.
  • The numerous health benefits of superfoods is another major factor supporting the superfoods market share growth.
  • Superfoods are rich sources of polyphenols, antioxidants, fibers, vitamins, and minerals.
  • Superfoods products are easy to be consumed on the go, owing to their availability in various forms, such as mixes, powders, snacks, and shots.
  • There has been a significant increase in the adoption of superfoods, with consumers becoming more conscious about their health and aiming to improve it with a healthy lifestyle and diet.

This superfoods 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 Superfoods Market Vendors?

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

 

  • Archer Daniels Midland Co.
  • Creative Nature Ltd.
  • Del Monte Pacific Ltd.
  • General Mills Inc.
  • Healthy Truth
  • Nature Superfoods
  • Navitas LLC
  • Rhythm Superfoods LLC
  • Sunfood
  • Superlife Co. Pte. Ltd.

 

This statistical study of the superfoods market encompasses successful business strategies deployed by the key vendors. The superfoods market is fragmented and the vendors are deploying growth strategies such as acquiring small and regional players to increase their global reach to compete in the 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 superfoods 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 Superfoods Market?

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36% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for superfoods in North America. Market growth in this region will be faster than the growth of the market in the European, MEA, and South American regions.

The growing consumer awareness about various health benefits offered by superfoods will facilitate the superfoods market growth in North America 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 Superfoods Market?

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The superfoods market share growth by the superfruits segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the superfoods market size and actionable market insights on post COVID-19 impact on each segment.

 

Superfoods Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7.83%

Market growth 2021-2025

$ 115.62 billion

Market structure

Fragmented

YoY growth (%)

7.67

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 36%

Key consumer countries

US, Germany, UK, Canada, Australia, and India

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Archer Daniels Midland Co., Creative Nature Ltd., Del Monte Pacific Ltd., General Mills Inc., Healthy Truth, Nature Superfoods, Navitas LLC, Rhythm Superfoods LLC, Sunfood, and Superlife Co. Pte. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Superfoods Market Report?

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

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Superfruits - Market size and forecast 2020-2025
  • Superseeds and supergrains - Market size and forecast 2020-2025
  • Edible seaweed - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Archer Daniels Midland Co.
  • Creative Nature Ltd.
  • Del Monte Pacific Ltd.
  • General Mills Inc.
  • Healthy Truth
  • Nature Superfoods
  • Navitas LLC
  • Rhythm Superfoods LLC
  • Sunfood
  • Superlife Co. Pte. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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
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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
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TechnavioREPORT WRITING

Qualitative

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

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The superfoods market growth will increase by $253.19 billion during 2019-2024.
The superfoods market is expected to grow at a CAGR of 17.35% during 2019-2024.
Technavio has segmented the superfoods market by product (Superfruits, Superseeds and supergrains, Edible seaweed, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
Archer Daniels Midland Co., Creative Nature Ltd., Del Monte Pacific Ltd., General Mills Inc., Healthy Truth, Natures Superfoods LLP, Navitas LLC, Rhythm Superfoods LLC, Sunfood, Superlife Co. Pte. Ltd. are a few of the key vendors in the superfoods market.
North America will register the highest growth rate of 32.96% among the other regions. Therefore, the superfoods market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Germany
  • UK
  • Canada
  • Australia
  • India
The key factors driving the superfoods market growth are:
  • Increasing export of superfoods
The superfoods market vendors should focus on grabbing business opportunities from the superfruits segment as it accounted for the largest market share in the base year.
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