The Immunity Boosting Food Products Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Immunity Boosting Food Products Global Market Report 2024, The immunity boosting food products market size has grown strongly in recent years. It will grow from $1049.66 billion in 2023 to $1132.5 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. . The growth in the historic period can be attributed to rise in health consciousness, global pandemics, traditional medicine practices, growing scientific evidence, aging populations.
The immunity boosting food products market size is expected to see strong growth in the next few years. It will grow to $1502.68 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. . The growth in the forecast period can be attributed to consumer demand for natural ingredients, e-commerce growth, regulatory support, rising healthcare costs, growing demand for functional food and beverage products. Major trends in the forecast period include personalized nutrition, technological advancements, clean label products, convenience and portability, cross-category innovation.
The increasing awareness about health and fitness to live a healthier lifestyle will drive the immunity-boosting food products market. For instance, in January 2024, according to a report published by Business of Apps, a UK-based B2B information platform, fitness app revenue increased by $5.35 billion in 2021, an increase of 54% from, 2020 and fitness app downloads increased by 400 million in 2021. This has resulted in an increase in the demand for immunity boosting products, thereby driving the immunity-boosting food products market.
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The immunity boosting food products market covered in this report is segmented –
1) By Product Type: Herbs & Spices, Nuts & Seeds, Fruits & Vegetables, Dairy-Based Products, Probiotics And Prebiotics, Other Product Types
2) By Form: Tablets, Capsules, Powder, Liquid, Other Forms
3) By Distribution Channel: Store-Based, Non-Store-Based
4) Imaging Systems: Video Processors, Light Sources, Camera Heads, Wireless Displays & Monitors, Other Components
Immunity booster products are increasingly being used to boost immune function, which is used when under stress in the modern world. For instance, in July 2021, The Good Crisp Company, a US-based provider of snacks, launched the immune-boosting cheese balls. The cheese balls are positioned as a “better-for-you” option with non-GMO, gluten-free, and natural ingredients. This caters to consumers seeking healthier snack alternatives without sacrificing taste.
The immunity boosting food products market report table of contents includes:
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