The main players in the immunity boosting food market are Danone SA, NestlÃ© SA, Blue Diamond Growers, Diamond Foods, LLC. , Dole Food Company, Inc., Pinnacle Foods Corp. , Olam International, Hines Nut Company, Fonterra Group Cooperative Limited and Associated British Foods PLC.
New York, September 29, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Immunity Boosting Food Products Global Market Report 2021: COVID-19 Implications And Growth To 2030” – https://www.reportlinker.com/p06151645/?utm_source=GNW
The global immunity boosting food market is expected to grow from $ 843.81 billion in 2020 to $ 900.21 billion in 2021 at a compound annual growth rate (CAGR) of 6.7%. The change in growth trend is mainly due to companies stabilizing production after meeting demand that increased exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $ 1.217.24 billion in 2020. 2025 at a CAGR of 8%.
The immunity boosting food market consists of the sale of food products that are used to strengthen the immune system. The market consists of the income generated from the sales of immunity-boosting food products by the companies that produce them.
The Immunity Boosting Foods Market covered in this report is segmented by Product Type into Herbs & Spices, Nuts & Seeds, Fruits & Vegetables, Dairy Products, Probiotics & Prebiotics, etc. It is also segmented by form into tablets, capsules, powder, liquid, others and by in-store and out-of-store distribution channel.
The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East & Africa.
The high cost of raw materials and the lack of awareness of the benefits of the products are holding back the growth of the immunostimulant food products market. Nutritional care, an essential element of preventive health care, is simultaneously undergoing major changes. in heavily populated countries like India.
There is a lack of awareness about food products that boost immunity in a rapidly growing middle class population. On the other hand, the high cost of raw materials used in the manufacture of immunity-boosting food products has a big impact on the price of the final product, which can make it a practical option only for the urban and wealthy population, limiting thus the growth of the market.
In 2019, Olam International, a leading food and agri-food company, acquired Hughson Nut Inc., (HNI) from APB Partners, LLC for $ 54 million. The acquisition of HNI is in line with Olam’s strategic plan to offer differentiated solutions such as ingredients and product innovation and target new customer segments in co-manufacturing, foodservice and e-commerce. Hughson Nut is a California almond grower, buyer and processor.
The growing awareness of health and the ability to live a healthier lifestyle will boost the market for immunity boosting food products. According to the Global Wellness Institute, in 2018, the global wellness market was valued at $ 4.5 trillion. According to the IHRSA (International Health, Racquet & Sportsclub Association), the health and fitness industry in the United States was valued at $ 30 billion in 2018. It has grown by at least 3-4% per year in over the past ten years. Additionally, the World Health Organization has declared the novel coronavirus (COVID-19) as a pandemic. A strong immune system is a key factor in the treatment of COVID-19 patients. This has resulted in increased demand for immunity enhancing products, thus boosting the market for immunity enhancing food products.
Instant immunity boosting products are increasingly used to enhance immune function, which is used in stressful conditions in the modern world. For example, in January 2020, ZAND, the natural lozenge brand in health food stores known for its herbal immune support, launched the first rapid immunity product, Immune Fast.
This revolutionary new supplement provides clinically supported immune support anytime, anywhere at work, at the airport, at school, at large gatherings, anywhere. Thus, it is used on the spot to boost the immune system in two hours.
The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom and United States.
Read the full report: https://www.reportlinker.com/p06151645/?utm_source=GNW
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