About Health Food
Healthy food is high in fibre and protein content and helps to maintain energy levels for the entire day. The intake of healthy food is growing on account of their ability to meet several dietary requirements such as sugar-free, low salt content, and low cholesterol levels. Due to growing health concern related to food consumers are now more inclined toward healthy eating habits which are bringing a surge in demand for healthy food.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Health 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.
Danone S.A. (France), General Mills Inc. (United States), GlaxoSmithKline plc (United Kingdom), The Kellogg Company (United States), Nestlé S.A (Switzerland), PepsiCo, Inc. (United States), B & G Foods, Inc. (United States), Select Harvests (Australia), L T Foods (India) and Amway (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Besunyen (China), BY-Health Co Ltd (China) and Hailisheng Group (China).
Segmentation Overview
AMA Research has segmented the market of Global Health Food market by Type (Vitamin & Dietary Supplements, Functional Food and Traditional Products), Application (Body Regulation, Disease Prevention, Supplementary Nutrition and Others) and Region.
On the basis of geography, the market of Health 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 Sales Channel, the sub-segment i.e. Online Store will boost the Health Food market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Top Motivating Factor for these Eating Habit Changes was Weight Loss, Rising Consumer Focus on Nutritional Values and Increasing Awareness Regarding the Health Benefits Offered by Healthy Food
Market Growth Drivers:
Wide Variety of Different Diet and Lifestyle Changes in Order to Improve their Health and Growing Emphasis by Consumers on Quality Products in Developed Economies
Challenges:
High Cost in Production of Healthy Food
Restraints:
Strict Regulations by Various Regulatory Authorities
Opportunities:
Increased Spending on Healthy Snacks due to Rising Disposable Income of Consumers, Rising Investments to Develop Innovative Quality Offerings and Increasing Demand for Nutritious Food Products
Market Leaders and their expansionary development strategies
In January 2023, Tata Consumer Products Ltd (TCPL) on Friday announced acquisitions of Capital Foods. The acquisition to expand its portfolio into the packed food segment.
In July 2023, The CSIR-Central Food Technological Research Institute (CFTRI) released three new technologies on day-2 of the ongoing ‘One Week One Lab’ (OWOL) campaign.Packaged bakery premixes provide a convenient solution for consumers, food service operations and industrial-scale bakeries by saving time and simplifying ingredient selection.
European citizens need to have access to safe and wholesome food of the highest standards. The General Food Law Regulation ensures a high level of protection of human life and consumers' interests in relation to food while ensuring the effective functioning of the internal market.
Key Target Audience
Health Food Producers, Distributors/Suppliers/Wholesalers, Agricultural Farms, End Users and Others
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.