Global Health and Wellness Food Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Health and Wellness Food market size was valued at USD 1004630 million in 2023 and is forecast to a readjusted size of USD 1605700 million by 2030 with a CAGR of 6.9% during review period.
The global health and wellness market is often cited as the “next trillion dollar industry” and rightly so, considering the wealth of applications and products it incorporates in a variety of industries such as nutraceuticals and cosmeceuticals. Since a last few years, sectors such as healthy eating, nutrition, and weight loss, complementary and alternative medicine, preventative and personalized health, and beauty and anti-aging have grown in leaps and bounds. Currently, there are three trends making their presence known in the global market, viz. athleisure, boutique fitness, and organic diet. From real estate to shopping to smart technology, health and wellness has found a significant place in the everyday life of the world population.
The increased awareness about the benefits of organic food and healthy eating habits as the major factors that will drive this market during the forecast period. As people growingly develop food sensitivity and their levels of disposable incomes rise, they are spending more on health and wellness food products. The rising importance of natural and organic food will further boost the demand for organic food manufacturers in the next five years. These factors are part of the reason why the market is expected to grow at a CAGR of nearly 6%.
The Global Info Research report includes an overview of the development of the Health and Wellness Food industry chain, the market status of Online Retail (Functional Food, Naturally Health Food), Offline Retail (Functional Food, Naturally Health Food), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Health and Wellness Food.
Regionally, the report analyzes the Health and Wellness Food markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Health and Wellness Food market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Health and Wellness Food market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Health and Wellness Food industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Functional Food, Naturally Health Food).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Health and Wellness Food market.
Regional Analysis: The report involves examining the Health and Wellness Food market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Health and Wellness Food market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Health and Wellness Food:
Company Analysis: Report covers individual Health and Wellness Food manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Health and Wellness Food This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Online Retail, Offline Retail).
Technology Analysis: Report covers specific technologies relevant to Health and Wellness Food. It assesses the current state, advancements, and potential future developments in Health and Wellness Food areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Health and Wellness Food market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Health and Wellness Food market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Functional Food
Naturally Health Food
Better-For-You (BFY) Food
Food Intolerance Products
Organic Food
Market segment by Application
Online Retail
Offline Retail
Major players covered
Danone
General Mills
GlaxoSmithKline
Kellogg
Nestlé
PepsiCo
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Health and Wellness Food product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Health and Wellness Food, with price, sales, revenue and global market share of Health and Wellness Food from 2019 to 2024.
Chapter 3, the Health and Wellness Food competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Health and Wellness Food breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Health and Wellness Food market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Health and Wellness Food.
Chapter 14 and 15, to describe Health and Wellness Food sales channel, distributors, customers, research findings and conclusion.