Support Local Journalism


Subscribe


DUBLIN--(BUSINESS WIRE)--Nov 23, 2021--

The global immunity boosting food market size was valued at $21,670.0 million in 2020, and is projected to reach $46,947.6 million by 2030, registering a CAGR of 8.2% from 2021 to 2030.

Immunity boosting food is extracted from superfood, probiotics & prebiotics, and dairy based products. It has the potential to protect against age-related diseases. It can be consumed by any age group people.

Immunity boosting food lowers the risk of contracting various diseases in humans. It is also a good source of antioxidants, which help to protect the cardiovascular system by lowering cholesterol levels. It also lowers the risk of stroke and coronary heart disease. As a result of these advantages, the popularity of immunity boosting food is witnessing growth.

However, lack of awareness among the consumers and the high cost of raw materials are limiting the growth of the global immunity boosting food market. The nature of immunity boosting food is perishable, which will pose a challenge to market players.

The pandemic of COVID-19 has raised consumer awareness of the importance of a healthy diet and supplements. Many health supplements and nutraceutical product consist immunity boosting food, which helps to build gut health. As a result, the immunity boosting food market was positively affected, due to the COVID-19 pandemic.

The consumption of immunity boosting food through various superfood also reduces the risk of chronic diseases, which boosts the demand for immunity boosting food from the food and beverage industry and has become a driving factor for the global immunity boosting food market.

The immunity boosting food market is segmented on the basis of nature, product, end use, distribution channel, and region. On the basis of nature, the market is bifurcated into organic and conventional. As per product, the market is divided into superfood, probiotics & prebiotics, and dairy based product. According to end use, the immunity boosting food market is fragmented into infants & children and adults.

North America is witnessing a significant increase in consumer awareness as a result of competitive strategies of the global players. Demand from countries such as the U.S., China, and the UK, is helping to drive the overall growth. Increasing geriatric population combined with rising disposable income and living standards, is expected to contribute to overall growth.

The market is being driven by factors such as rapid growth in the food and beverage industries in developing countries such as Japan and China, as well as increased awareness about the benefits of immunity boosting food products.

The major players operating in the global immunity boosting food market are

  • Archer-Daniels-Midland Company (ADM)
  • Associated British Foods Plc
  • Blue Diamond Growers
  • Cargill, Inc.
  • Danone
  • Diamond Foods, LLC.
  • Dole Food Company, Inc.
  • Hines Nut Company
  • Nestle S. A
  • Olam International Limited

Market dynamics

Drivers

  • Increasing consumer awareness about probiotics
  • Growing number of health-conscious consumers
  • Increasing number of chronic diseases and pandemics

Restraints

  • High cost of raw materials and lack of awareness
  • Perishable nature of food

Opportunities

  • Rise in sales through online sales channel
  • Increase in elderly population

KEY MARKET SEGMENTS

By Nature

  • Organic
  • Conventional

By Products

  • Superfoods
  • Probiotics & Prebiotics
  • Dairy based Products

By End Use

  • Infants & Children
  • Adults

By Distribution Channel

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Sales Channel

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Finland
  • Sweden
  • Denmark
  • Poland
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Singapore
  • Australia
  • New Zealand
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • Rest of LAMEA

For more information about this report visit https://www.researchandmarkets.com/r/yjhem2

Laura Wood, Senior Press Manager

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: RETAIL FITNESS & NUTRITION HEALTH FOOD/BEVERAGE

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 11/23/2021 09:48 AM/DISC: 11/23/2021 09:48 AM

Copyright Business Wire 2021.

Recommended for you

Comments

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.