Superfoods Market is valued at USD 155.49 Billion in 2021 and expected to reach USD 293.49 Billion by 2028 with the CAGR of 9.50% over the forecast period.
Increased consumption of nutrient rich foods and rising health concerns about cardiovascular disease are some major factors propelling the growth of the Superfoods market.
Superfood refers to foods that contain minimal calories with essential vitamins, minerals, and antioxidants. They are basically plant based. These foods have a high nutritional density meaning that they provide a significant amount of nutrients with very few calories. Superfoods are high in antioxidants that can help to prevent coronary heart disease and cancer and they improving immunity power and reducing inflammation. Daily intake of superfoods like fruits and vegetables also has a lower risk of many serious health conditions and overall mortality. For example; berries have higher levels of flavonoids that can lower the risk of a heart attack. Superfoods include number of high nutritious foods such as berries, fish, leafy greens, nuts, olive oil, yogurt, whole grains and others. Moreover, green superfoods include various leafy green vegetables and other veggies like avocados, broccoli, spirulina, wheatgrass and algae.
We provide a detailed analysis of around Top vendors operating in the Superfoods Market,
Superfoods market is segmented on the basis of type, distribution channel, and by region. Based on type, the superfoods market is segmented into fruits, vegetables, grains and cereals, herbs and roots. Based upon distribution channel, the market is classified into supermarkets/hypermarkets, online channels, traditional grocery stores, and convenience stores.
Increased consumption of nutrient rich foods and rising health concerns about cardiovascular diseases are some major factors witnessing a strong growth of the global superfoods market. Superfoods are the important nutrient powerhouses that provide large quantities of antioxidants, vitamins and minerals. Antioxidants found in many superfoods that can prevent cancer, while healthy fats can reduce heart disease risk. Superfoods also help in preventing diabetes and reduce digestive related problems while phytochemicals involving superfood have many health benefits including reducing risk of cardiovascular diseases. For example; in 2017, cardiovascular diseases caused nearly 17.5 million deaths globally representing around 32% of all global deaths. Out of these 85% deaths were due to heart attack and stroke. Furthermore, high healthcare cost coupled with rapidly growing geriatric population is also driving the growth of this market. However, high consumption of superfoods could result in vitamin or mineral toxicity and trigger other side effects. This may obstruct the growth of superfoods market to some extent.
North America held the largest market in the superfoods market and is expected to witness a higher growth throughout the forecast period. It is due to rising demand for nutritional food ingredients among the consumers to make their daily life healthy and rapid expansion of food and beverage industry in the region. North Americans are increasingly looking for healthful nutrients from foods rather than consuming supplements. The food and beverage industry continually meets the superfood needs of around 320 million American consumers, while out of the total USD 1.4 trillion in food sector sales, the food and beverage industry alone generates USD 164 billion in value added food ingredients. Asia pacific is projected to be the fastest growing superfoods market in terms of revenue owing to the surge in consumption of dairy based nutritional foods and incessant trade exhibition of food. For example; Asia is only dedicated to trade exhibition of its kind, where Superfood Asia 2019 represented some of the fastest growing segments in the food and beverage sector including healthy and natural products.
Report Analysis | Details |
---|---|
Historical data | 2016 - 2021 |
Forecast Period | 2021 - 2028 |
Market Size in 2021: | USD 155.49 Billion |
Base year considered | 2021 |
Forecast Period CAGR %: |
9.50% |
Market Size Expected in 2028: | USD 293.49 Billion |
Tables, Charts & Figures: | 175 |
Pages | 300 |
Superfoods Companies |
Sunfood, Nature's Superfoods LLP, OMG! Organic Meets Good, Suncore Foods Inc., Superlife Co. Pte Ltd, Raw Nutrition, Barleans, ADUNA Ltd , Archer Daniels Midland, The Green Labs LLP., Bulk Superfoods, Creative Nature, others. |
Segments Covered | By Type, By Distribution channel |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
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