Published Date: 14-May-2020
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According to a new report Global Superfoods Market, published by KBV research, The Global Superfoods Market size is expected to reach $209.1 billion by 2026, rising at a market growth of 7.3% CAGR during the forecast period. Increasing consumer interest in balanced diets and wellness benefits has led to a successful food & beverage industry in the recent past, and this pattern is projected to continue over the forecast period. This, in effect, is expected to raise demand for superfood in the coming years.
The Fruits segment accounted for a dominant market share in 2019. Fruits are expected to emerge as a significant market segment in terms of growth over the forecast period. The benefits of fruits, such as fewer risks of nutritional loss and spoilage, make them a profitable option for buyers across the globe. Baby boomers are also sources for the purchasing of new vegetables and fruit. Grains & seeds are expected to have the maximum CAGR over the forecast period.
The Beverages business accounted for a substantial market share in 2019. Owing to the growing market demand for healthy food & beverage products, Ocean Spray focuses on the production of a wide variety of juice cocktails and a wide range of juice blends. The Bakery & Confectionery market dominated the Global Superfoods Market by Application in 2019.
The North America market dominated the Global Superfoods Market by Region in 2019. The Europe market is experiencing a CAGR of 6.9% during (2020 - 2026). Additionally, The Asia Pacific market is poised to grow at a CAGR of 8.6% during (2020 - 2026).
Structural Insights: https://www.kbvresearch.com/superfoods-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Archer Daniels Midland Company, General Mills, Inc., Del Monte Pacific Limited (Nutriasia, Inc.), Sunfood Corporation, OMG! Organic Meets Good, Suncore Foods, Inc., Nutiva, Inc., Creative Nature Ltd., Raw Nutritional, Healthy Truth.
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