Global Health And Wellness Food Market 2024-2028

Global Health And Wellness Food Market 2024-2028

The health and wellness food market is forecasted to grow by USD 541.5 bn during 2023-2028, accelerating at a CAGR of 9.27% during the forecast period. The report on the health and wellness food market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of healthy eating habits, rising importance of organic food, and increasing food sensitivities.

Technavio's health and wellness food market is segmented as below:

By Product

• Naturally health food
• Functional food
• BFY food
• Organic food
• Food intolerance products

By Distribution Channel

• Offline
• Online

By Geography

• North America
• APAC
• Europe
• Middle East and Africa
• South America

This study identifies the adoption of prebiotic and probiotic food as one of the prime reasons driving the health and wellness food market growth during the next few years. Also, digital presence of health and wellness products and innovative food packaging will lead to sizable demand in the market.

The report on the health and wellness food market covers the following areas:

• Health and wellness food market sizing
• Health and wellness food market forecast
• Health and wellness food market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading health and wellness food market vendors that include Amys Kitchen Inc., Archer Daniels Midland Co., Bobs Red Mill Natural Foods Inc., Chobani Global Holdings LLC, Clif Bar and Co., Dairy Farmers of America Inc., Danone SA, Dr. Schar, Fifty50 Foods, General Mills Inc., Glanbia plc, GlaxoSmithKline Plc, Kellogg Co., London Foods Ltd., Mars Inc., Mondelez International Inc., Nestle SA, PepsiCo Inc., United Natural Foods Inc., and Yakult Honsha Co. Ltd.. Also, the health and wellness food market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.