An Incisive, In-depth Analysis on the Superfood Market
This study offers a comprehensive, 360 degree analysis on the Superfood market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Superfood market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Global Superfood Market to Surpass US$ 229 Bn by 2029
The global superfood market is projected to reach US$ 229.2 Bn by the end of 2029. The market was valued at US$ 156.3 Bn in 2019. If these figures hold true, the market will exhibit a CAGR of 4.9% between 2019 and 2029. Regionally, North America is expected dominate the market. However during the forecast period, Europe and Latin America are likely to exhibit more lucrative growth opportunities. In terms of product type, the market can be classified into fruits, vegetables, grain and seeds and herbs and roots. Of these, demand for fruits is likely to remain considerably high through the course of the forecast period.
Rising Demand for Fruit will Boost Growth
Among various kinds of superfood available in the market, the demand for fruit continues to accelerate at an impressive pace. With consumers getting increasingly conscious about what they eat in a day, fruit sales is poised to surge in the forthcoming years. In addition to this, social media influences and easy access to information via the internet have been crucial in helping consumers realize the numerous health benefits of superfood, which has ultimately led to their increased sales worldwide.
The demand for superfood is influenced by umpteen factors from rising inclination towards trendy diets to changing food habits of baby boomers. In addition to this, food innovations and rising geriatric population will continue aiding the expansion of the market through the forecast period.
North America Emerges Dominant Backed by Rising Popularity of Nutritious Food
Regionally, the global superfood market covers North America, Latin America, Japan, Asia Pacific excluding Japan, the Middle East and Africa, and Oceania. Among these regions North America currently leads the market. Factors such as rising popularity of food with better nutritional value and increasing focus on research and development are driving the market in North America. In addition to this, the demand for superfood is expected to remain high in Europe and Latin America.
Rising Awareness about Health Benefits of Superfood will Stoke Growth Opportunities
The rising awareness among consumers about the benefits of having superfood will drive the market. In addition to this, the market will benefit from their increasing disposable incomes and consequent willingness to spend on food products with higher nutrition value. According to the report, rising middle-class population and their increasing purchasing power will bode well for the overall market. Furthermore, with urbanization, an increasing number of consumers are inclining towards vegetarian food. Impelling them are various branding strategies adopted by the leading players. As a result of these factors, the demand for superfood is expected to surge in the coming years.
FREQUENTLY ASKED QUESTIONS ABOUT superfood market
What drives the superfood market?
Superfood market gains considerably about the rising awareness among consumers about benefits of maintaining a healthier lifestyle. This, coupled with their increasing disposable income, will boost superfood sales in the coming years.
Which factors put superfood market players at risk?
Despite witnessing steady growth opportunities, market players are vulnerable to adverse weather conditions, quality issues, and volatility in food prices. These factors may hamper their sales as well as the overall superfood market.
Which region will lead the global sales of superfood?
North America is expected to lead the global superfood market. Europe and Latin America will offer lucrative growth opportunities as well.
Which product segment offers most lucrative growth opportunities?
In terms of product, fruits constitute the leading segment. The fruit segment is expected to remain dominant through the forecast period.
Which segment based on distribution channel will record the highest growth in superfood market?
In terms of distribution channel, offline sales via supermarkets/ hypermarkets, traditional grocery stores and others will remain high. However, online sales of superfood are expected to pick up in the coming years.
Super food Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by Future Market Insights on the Super food market offers global industry analysis for 2014-2018 & opportunity assessment for 2019–2029. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
By Distribution Channel
The global Super food market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Chapter 01 - Executive Summary
The executive summary of the Super food market includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global Super food market.
Chapter 02 – Market Introduction
Readers can find the detailed segmentation and definition of the Super food market in this chapter, which will help them understand basic information about the Super food market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the Super food market report.
Chapter 03 – Market Background
The associated industry assessment of the Super food market is carried out in this section. The macroeconomic factors affecting growth of the Super food market are provided in this section and the impact of these macroeconomic indicators on the Super food market is analyzed. The processing overview and technological advancements in the Super food market is also provided.
Chapter 04 - Global Super food Market Value Chain
Profit margins at each level of the Super food market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the market.
Chapter 05 – Market Dynamics
The drivers and restraints impacting the growth of the Super food market are explained in this chapter. Opportunities and ongoing trends in the Super food market are also comprehensively discussed.
Chapter 06 – Global Super food Market Analysis and Forecast 2014-2029
This chapter includes detailed analysis of the historical Super food market (2014-2018), along with an opportunity analysis for the forecast period (2019-2029). Readers can also find the absolute $ opportunity for the current year (2019 – 2020) and incremental opportunity for the forecast period (2019–2029). This chapter provides details about the Super food market on the basis of type, and distribution channel. In this chapter, readers can understand market attractive analysis for all segments. This chapter explains how the Super food market is anticipated to grow across North America, Latin America, Europe, APEJ, Japan, Oceania and the Middle East and Africa.
Chapter 07 – North America Super food Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the Super food market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on product type and countries in the North America region.
Chapter 08 – Latin America Super food Market Analysis 2014-2018 & Forecast 2019-2029
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the Super food market in the Latin America region. This chapter also includes growth prospects of the Super food market in leading LATAM countries such as Brazil, Mexico, Chile, Peru, Argentina and the Rest of Latin America.
Chapter 09 –Europe Super food Market Analysis 2014-2018 & Forecast 2019-2029
Important growth prospects of the Super food market based on its end user in several countries such as EU-4, U.K., BENLUX, Nordic, Russia, Poland and Rest of Europe are included in this chapter.
Chapter 10 – APEJ Super food Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the Super food market in APEJ region including the important growth prospects of the Super food in several countries such as China, India ,South Korea and ASEAN countries are included in this chapter.
Chapter 11 – Japan Super food Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the Super food market in the Japan. Readers can also find regional trends, regulations, and market growth of countries in the Japan.
Chapter 12– Middle East and Africa Super food Market Analysis 2014-2018 & Forecast 2019-2029
This chapter offers insights into how the Super food market is expected to grow in major countries in the MEA region such as GCC Countries, South Africa, North Africa and the Rest of MEA, during the forecast period 2019-2029.
Chapter 13– Competition Assessment
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the Super food market along with their market presence analysis by region and product portfolio. Readers can find a comprehensive list of leading manufacturers in the Super food market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players and end users featured in the report are Sunfood, Barleans, Nature's Superfoods LLP, OMG! Organic Meets Good, Suncore Foods Inc., Superlife Co. Pte Ltd., Raw Nutrition, ADUNA Ltd and others.
Chapter 14 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the Super food report.
Chapter 15 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the Super food market.
Sources and Primary Research Splits (%)
- C - Level Executives
- Marketing Directors
- Sales Heads
- Production Managers
- Distributors Heads
- Sales Executives
- Product Manufacturers
- Industry Experts
- End Users
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Near-term and Long-term Market Growth Prospects
- Market Segment Splits and Authenticity
- Opinions on Market Projections and Validity Of Assumptions
- Industry Publications
- Industrial Week
- Industrial Product Review
- Industrial Magazine
- Industry Associations
- Dieticians Association
- Food and Agriculture Organization
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites