The global superfoods market is expected to grow from USD 73,931.57 million 2017 to USD 219,459.47 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 16.82%.
"Increasing health consciousness among people worldwide
is one of the factors largely attributing to the growth of superfoods market globally"
The factors attributing to the growth of the market are increasing health consciousness among people worldwide, increased availability of superfood products through e-commerce businesses across the globe, and prolonging the lifespan and minimizing the risk of chronic diseases. However, some factors such as and food safety compliance and marketing restrictions may hinder the market growth. The global superfoods market is expected to showcase the opportunities such as increase in purchase through online platforms, and rise in demand for newer varieties of superfoods. In the near future, the market may face the possible challenges in the growth due to multiple product recalls, and dependency on third party suppliers for raw material. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global superfoods market market.
On the basis of type, the global superfoods market is studied across Eggs, Fishes, & Sea Weeds, Fruits & Berries, Grains & Cereals, Herbs & Spices, Mushrooms, Nuts & Seeds, and Other Medicinal Plants.
On the basis of geography, the global superfoods market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
"APAX USA, Inc.: The potential growing player for the global superfoods market"
The key players profiled in the global superfoods market are APAX USA, Inc., Aloha, Inc., Archer-Daniels-Midland, Creative Nature, Del Monte Pacific Ltd., Essential Living Foods, Inc., Imlak'esh Organics, Impact Foods International Ltd., Nature's Superfoods LLP, Naturya, Nutiva, Inc., OMG Superfoods, Ocean Spray Cranberries, Inc., Suncore Foods Inc., Sunfood, Supernutrients, The Green Labs LLC, and XanGo, LLC.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global superfoods market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global superfoods market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global superfoods market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global superfoods market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global superfoods market.
