About Silver Food
Silver is found as trace mineral in some of the natural foods. It is found in whole grains, mushrooms, milk and fish. Silver is used in food processing as colour additives and processing’s aids. Rising awareness regarding health has impacted on the demand in positive manner. In addition, silver food is widely used in nutrient supplements. This nutrients are mainly provided for bone strengthening & to cover nutrient deficiencies in geriatric people. Increasing number of geriatric population also known as driver for the silver food market. Thus, silver food market is expected to grow over forecast period.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.63% |
The market of Silver Food is expected to grow with rising demand for nutritional supplements. Hence there are several companies are providing Silver Food. Thus, the market is fragmented with the presence of market players. Additionally, many local vendors are also entering to market with excellent features which in turn impacting on the competitive rivalry. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Silver Food market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nestle (United States), Arla Foods Ingredients Group (Denmark), Abbott Laboratories (United States), Dussmann Group (Germany), BistroMD (United States), Carezzo Nutrition B.V. (Netherland), Harrogate Neighbours Housing Association Ltd. (United Kingdom), Herbalife Nutrition (United States) and Merck (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Silver Food market by , Application (Nutritional & Dietary Supplements, Foil Packaging, Colouring & Processing’s Aids and Others) and Region.
On the basis of geography, the market of Silver Food has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Solid {Granules, Paste} will boost the Silver Food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online {E-Commerce} will boost the Silver Food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Hospitals will boost the Silver Food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge Demand for Silver Food in Supplements
Market Growth Drivers:
Rising Demand for Nutritional & Dietary Supplements, Growing Adoptions for Silver Foil in Food Coverings and Increasing Geriatric Population across the Globe
Challenges:
Huge Processing Cost and Supply Chain Disruptions owing to Pandemic
Restraints:
Strengthen Regulatory for Concentration of Silver in Food Items
Opportunities:
Rising Inclination towards Consuming Nutrients & Healthy Supplements Created Growth Opportunities and More Focus of Government on Offering Nutrient Supplements at Senior Care Facility
Market Leaders and their expansionary development strategies
In November 2023, Rhondda Cynon Taf Council are delighted to announce that the RCT Food Partnership has won a prestigious national Sustainable Food Places (SFP) Bronze Award. The award recognises the excellent community partnership work undertaken throughout the County Borough to promote healthy, sustainable, and local food.
In March 2023, LSKB Aluminium Foils launched India’s first golden embossed Homefoil at the 37th AAHAR, The International Food & Hospitality Fair. The thickness of 1 kg and 555 g golden and silver embossed Homefoil launched by LSKB Aluminium Foils is 18 Micron and for 75 m, 25 m, and 9 m, it is 12 Micron.
Key Target Audience
Silver Food Manufacturers, Silver Food Distributors, Raw Material Suppliers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.