Superfoods Market Size and Forecast 2024-2033|Archer Daniels Midland Company, Nestlé S.A., General Mills Inc., Del Monte Pacific Ltd., Mannatech Incorporated

The Superfoods 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 Superfoods Global Market Report 2024, The superfoods market size has grown strongly in recent years. It will grow from $189.67 billion in 2023 to $204.09 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to health and wellness trends, nutritional benefits, fitness and weight management, rising vegan and vegetarian diets, marketing and media influence.

The superfoods market size is expected to see strong growth in the next few years. It will grow to $281.19 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to continued health consciousness, functional food and beverages, diverse dietary preferences, e-commerce growth, innovations in product formulations, global culinary integration. Major trends in the forecast period include innovation in superfood snack formats and varieties, utilization of superfoods in beauty and skincare products, introduction of superfood blends and powders, focus on sustainable and ethical sourcing of superfood ingredients, collaborations for research on health benefits of superfoods.

The increasing number of health-conscious consumers is significantly driving the growth of the superfoods market. Superfoods have high vitamin and mineral content which boosts the immune system and keeps the body healthy. For instance, in January 2022, according to Mindbody, Inc., a US-based wellness services firm that provides cloud-based planning assistance and other administrative solutions, over fifty percent (52%) of Australians were devoted to preserving their general health in order to improve their resilience to disease and illness. Hence, the increasing number of health-conscious people is expected to propel the growth of the superfoods market in the forecast period.

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The superfoods market covered in this report is segmented –

1) By Product Type: Fruits, Vegetables, Grains And Seeds, Herbs And Roots, Meat, Other Products

2) By Application: Bakery And Confectionery, Beverages, Supplements, Convenience/Ready-to-Eat Foods, Other Applications

3) By Distribution Channel: Supermarkets/ Hypermarkets, Online Channels, Traditional Grocery Stores, Convenience Stores, Other Distribution Channels

Major companies operating in the superfood market are focusing on innovative products such as nutritious, unadulterated superfood premixes to better meet the needs of their existing consumers. Unadulterated superfood pre-mixes are blends or combinations of superfood nutrients in their purest and unmodified form, with no additional elements or contaminants added. For instance, in November 2022, Conscious Food Pvt. Ltd., an India-based superfood manufacturing company, launched Superfoods for Superheroes, an unadulterated pre-mix that produces nutritious and appetizing meals for kids in an instant. Conscious Food for Kids promises to make parenting simpler by offering hassle-free, fast pre-mixes that are enhanced to satisfy all of your child’s nutritional needs. This new superfood variety for little superheroes aged 2 to 6 years is cautiously made to preserve the nourishment naturally inherent in composite grains. Most importantly, it contains no preservatives and is created with the best whole grains and nourishing veggies.

The superfoods market report table of contents includes:

1. Executive Summary

2. Superfoods Market Characteristics

3. Superfoods Market Trends And Strategies

4. Superfoods Market – Macro Economic Scenario

5. Global Superfoods Market Size and Growth

26. South America Superfoods Market

27. Brazil Superfoods Market

28. Middle East Superfoods Market

29. Africa Superfoods Market

30. Superfoods Market Competitive Landscape And Company Profiles

Top Major Players: