Global Superfoods Market to be Driven by the Extensive R&D Activities in the Forecast Period of 2020-2025
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Jan 28, 2021 (SUPER MARKET RESEARCH via COMTEX) —
The new report by Expert Market Research titled, ‘Global Superfoods Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025′, gives an in-depth analysis of the global superfoods market, assessing the market based on its segments like types, distributional channels, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
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The key highlights of the report include:
Market Overview (2015-2025)
? Forecast CAGR (2020-2025): 6.2%
North America dominates the superfood market due to the increasing trend in food and drinks consumption towards a lower content of calories due to a growing awareness of consumers’ health and well-being in North America. Health organisations, such as the American Heart Association, also encourage regional market growth, as the organisation recommends the inclusion in the diet of food and oils rich in omega-3 to reduce. These factors are expected to propel the growth of the market in the region in the coming years.
Industry Definition and Major Segments
Superfoods mostly contain vegetable foods but also include certain products of fish and milk. They are considered healthy as they are rich in nutrients. Some of the products which are considered superfoods are blueberries, salmon, kale, and acai.
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By type, the superfoods market is segmented into:
? Grains and Seeds
? Herbs and Roots
? Meat, Fish, and Poultry
Based on distribution channels, the industry is divided into:
? Convenience Stores
? Traditional Grocery Stores
? Online Channels
On the basis of application, the market is categorised into:
? Snacks and Savoury
? Bakery and Confectionery
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On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
The increased incomes and changing lifestyles have resulted in an increase in the superfood demand. The rising global obesity rates have led to a growing acceptance of food options without substantial caloric content and food options rich in essential minerals and other nutrients. The growth of the superfood market has also been further supported by the ease with which most superfoods, such as seeds are consumed, combined with busier lifestyles.
The superfood market is especially propelled by the growing population following a vegan diet leading to a healthy demand in fruit and vegetables. The growth of these segments is also driven by the adoption of dietary trends such as palaeo diets or diets, which rely on raw food. The rising consumption of smoothies, especially with the rise of juice diets, is also leading to the growth of the fruits and vegetables industry, further aiding the growth of the superfoods market.
Key Market Players
The major players in the market are Sunfood Corporation, Suncore Foods Inc., ADUNA Ltd., Superlife Co. Pte Ltd, Archer Daniels Midland Company (NYSE: ADM), OMG! Organic Meets Good, Del Monte Foods, Inc, and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
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Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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Email: [email protected]
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