Immunity Boosting Food Products Industry by Manufacturers, Types, Regions and Application Research Report Forecast to 2027
Immunity-boosting food products are items which can increase or
boost the immunity levels of an individual. The alarming number of health
issues is a primary driver inducing the demand for these products. The global Immunity
Boosting Food Products Industry report by Market Research Future (MRFR)
contains numerous insights, trends, and challenges for the period of 2019 to
2025 (forecast period).
Market Scope
The global
Immunity Boosting Food Products Industry size is projected to grow at a CAGR
of 7.6% from 2019 to 2025. It was valued at USD 15.4 billion in 2018.
Rising number of health issues due to dip in clean air levels and
dip in immunity of consumers can induce the demand in the market. Unhealthy
lifestyles, consumption of alcohol and cigarettes, and untimely diets of
customers can contribute to market growth. The outbreak of the COVID-19
pandemic and prevalence of chronic diseases can persuade customers in trying
these food items.
The large numbers of the elderly can pose a challenge to nations
due to a burdensome healthcare system and soaring costs of health. According to
the United Nations, the elderly population above the age of 80 can touch 426
million by 2050. Presence of ecommerce platforms for selling immunity boosting
food items and the organized retail sector can prove to trustworthy channels
for the market to sell in high numbers.
High prices of special immunized products can restrain the market
growth.
Competition
Hines Nut Company, Blue Diamond Growers, Nestlé S.A., Danone SA,
Associated British Foods Plc, Diamond Foods, LLC., Fonterra Group Cooperative
Limited, Olam International, Dole Food Company, Inc., and Pinnacle Foods Corp.
are key players of the global Immunity Boosting Food Products Industry.
Segmentation
The global Immunity Boosting Food Products Industry is segmented
by product type and distribution channel.
By product type, it is segmented into nuts & seeds,
dairy-based products, probiotics & prebiotics, fruits & vegetables,
herbs & spices, and others. Fruits & vegetables are deemed to dominate
the market till the end of the forecast period owing to nutrient-rich content. Easy
access to these items and affordability by customers can drive the segment
growth.
By distribution channel, it is divided into store-based and
non-store-based. The non-store-based channel is likely to lead the market due
to various manufacturers aiming to reach a wider audience. Convenience and
popularity of this medium can bolster global market demand.
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Regional Analysis
Europe, North America, Asia Pacific (APAC), and Rest-of-the-World
(RoW) are regions considered for the basis of the global Immunity Boosting Food
Products Industry.
North America dominated the global Immunity Boosting Food Products
Industry in 2018. This can be attributed to increasing awareness of health
issues, change in consumer attitudes, and healthy lifestyles adopted by
consumers. In addition, the high purchasing capacity of consumers and the
presence of numerous manufacturers of immunity-boosting food products have
resulted in the dominance of the North American market. The U.S. can contribute
to the market owing to purchasing power of consumers and presence of various
dedicated stores.
Europe can also contribute to market growth owing to inclination
towards vegan diets, elimination of harmful food items, and an aware populace.
APAC is expected to be lucrative for the global Immunity Boosting
Food Products Industry due to the increased purchasing power of customers and a
large plethora of options.
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