Health and Wellness Food Market size to grow by USD 362.15 Bn, 33% of the market's growth will originate from Europe – Technavio – PR Newswire

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NEW YORK, Aug. 8, 2022 /PRNewswire/ — According to the research report "Health and Wellness Food Market", the market will witness a YOY growth of 8.14% during the forecast period. The report is segmented by product (naturally healthy food, functional food, BFY food, organic food, and food intolerance products), distribution channel (offline and online), and geography (North America, APAC, Europe, MEA, and South America). The market for health and wellness foods is expanding mostly due to the rising popularity of healthy eating habits, while some issues, such as their high price, may restrain this growth.
For more insights on YOY and CAGR, Read FREE Sample Report
Global Health and Wellness Food Market are fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report. 
Europe will account for 33% of market growth. The two biggest markets in Europe for foods promoting health and wellbeing are the UK and France. This region’s market will expand more quickly than those in other areas. Over the forecast period, the growth of the health and wellness food market in Europe would be facilitated by the increasing preference for organic food over inorganic food items.
Furthermore, countries such as the US, UK, China, France, and Japan are expected to emerge as prominent markets for Health and Wellness Food Market during the forecast period. 
Know more about this market’s geographical distribution along with a detailed analysis of the top regions. Buy Sample Report.
The naturally healthy food category will significantly increase its market share in the health and wellness food market. Natural foods are more widely consumed now than ever before because of their added health advantages. The lack of such regulations and certifications, combined with the rising demand for healthy food, has helped attract more vendors, resulting in the market’s rapid growth.
However, the food regulatory authorities are not currently engaged in rulemaking to establish a formal definition and policy for the use of "natural" in human food labeling.
One of the main drivers of the growth of the health and wellness food market is the rising number of people who are changing their eating habits, adopting a healthy nutritional diet, and leading active lifestyles. Global awareness of the value of a healthy diet, regular exercise, and physical activity is growing, which is crucial for the development of the industry under consideration.
Nutritional diets have been associated with mental, physical, and emotional well-being, and the absence of such balanced diets can result in illnesses and bad health. The demand for nutrient-rich food is rising as a result. Although factors such as the high cost of health and wellness food may impede the market growth.
Superfoods Market by Product and Geography – Forecast and Analysis 2022-2026: The superfoods market share is expected to increase to USD 125.34 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.82%.
Maracuja Oil Market by Application and Geography – Forecast and Analysis 2022-2026: The maracuja oil market share is expected to increase to USD 1.27 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 10.14%.
Health and Wellness Food Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 8.27%
Market growth 2021-2025
$ 362.15 billion
Market structure
Fragmented
YoY growth (%)
8.14
Regional analysis
North America, APAC, Europe, MEA, and South America
Performing market contribution
Europe at 33%
Key consumer countries
US, UK, China, France, and Japan
Competitive landscape
Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled
Archer Daniels Midland Co., Danone SA, Dean Foods Co., General Mills Inc., GlaxoSmithKline Plc, Kellogg Co., Mondelez International Inc., Nestle SA, PepsiCo Inc., and Yakult Honsha Co. Ltd.
Market dynamics
 
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Browse for Technavio "Consumer Staples" Research Reports
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by Distribution channel
7 Customer landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 
Contact 
Technavio Research 
Jesse Maida 
Media & Marketing Executive 
US: +1 844 364 1100 
UK: +44 203 893 3200 
Email: [email protected] 
Website: www.technavio.com/
SOURCE Technavio
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