Immunity Boosting Food Products Market to Grow Significantly at 7.6% CAGR by 2025 – GlobeNewswire
New York, US, June 21, 2021 (GLOBE NEWSWIRE) — Immunity Boosting Food Products Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Immunity Boosting Food Products Market – Information by Product Type, Distribution Channel, and Region – Forecast till 2025” the market was valued at USD 15.4 Billion in 2018 and is projected to grow at a CAGR of 7.6% from 2019 to 2025.
The global immunity-boosting food market has seen a sharp rise in demand since most people are concerned about their health and fitness. This change is primarily due to the increase in sedentary jobs and hectic lifestyles which produce major immune system-wasting diseases. In turn, people are looking for several nutrient-rich food products as a way to help maintain a strong immune system, which drives the demand for immunity boosting products during the forecast.
Due to an increase in the number of health problems, the market for immunity-supportive foods is growing. The rise in individuals’ knowledge of health and wellness has been one of the major drivers behind the growth of immunity-boosting food markets. Using an unbalanced diet, under stress, and other unhealthy habits may weaken the body’s defense mechanisms. If you eat a health and immune-boosting diet, your metabolism will increase. Investing in the market is expected to have a major effect on global food immunity during the predicted time. Furthermore, the high disposable income of high-income customers and the increase in the perception of good health and wellness creates business opportunities for the major players.
Further, the food immunomodulators market is expanding because of a growing number of chronic diseases around the world. Specific outbreaks such as H1N1N1, CO19, and Cholera have increased public understanding of a safe food lifestyle. The COVID-19 crisis has affected the lives of millions of people around the world. When it comes to processed food, there is a huge business opportunity: a need for immune-supporting food. This is expected to lead to grow the global market for immunity-boosting ingredients by a margin. Additionally, as the world’s population grows, the demand for immunity-boosting food products is expected to rise. As we age, immunity in the human body declines, the number of chronic diseases increases.
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The notable players of the market are:
- Danone SA (France)
- Nestle S.A. (Switzerland)
- Blue Diamond Growers (US)
- Diamond Foods, LLC. (US)
- Dole Food Company, Inc. (US)
- Pinnacle Foods Corp. (US)
- Olam International (Singapore)
- Hines Nut Company (US)
- Fonterra group Cooperative Limited (New Zealand)
- and Associated British Foods Plc (UK)
Various companies are taking a holistic approach to development strategies such as organic product releases, trademarks, and product innovations. The industry witnessed inorganic growth strategies such as mergers and joint ventures. These efforts have paved the way for the growth of businesses and customers.
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The fruit and vegetable market was the most significant in 2018, and it’s predicted to remain so in the future. Fruits and vegetables are the most popular foodstuffs around the world. A considerable part of the forecast period would be made up of people of people in the lower to middle-income classes, who have access to it through its affordability as well as its appeal.
The non-store segment is expected to show the higher growth rate. Manufacturers are becoming more interested in using non-traditional outlets for the sales of their immunity-boosting foods. Companies with a large product range at competitive prices will benefit from the and popularity of non-store distribution channels.
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The food supplement market was dominated by the North American market in 2018 due to raising awareness of healthy lifestyles and wellness. Additionally, the increased buying power of customers and the proliferation of immunity-inducing drugs have consolidated the North American market. The U.S. is the primary market for some of the world’s key immunity-boosting food producers.
Asia-Pacific is anticipated to be a revenue source of revenue for immuno-food sales. The increasing number of emerging economies, particularly in South-East Asia, promises to present new business opportunities for those already in the market.
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