Superfoods – A Market Overview and Forecast 2020 – 2025, This report presents a profound evaluation of basic elements of Superfoods industry such as production scale and profit generation. Market driving factors, newly adopted technologies, latest business methodologies have been discussed in this report. The report also forecasts the potential of the market and reviews thorough analysis of vital segments and regional markets.
“The superfoods market is predicted to register a revenue of USD 22.97 by 2024, registering a CAGR of 5.1% during the forecast period, 2019-2024.“
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The popularity for ‘superfoods’, such as superfruits and supergrains has increased significantly over the recent years with product launches, as consumers are inclined more toward natural and wholesome ingredients. Quinoa is one of those most used super grains which exhibit high nutrient and antioxidant value that aids in reducing free radicals and prevent several diseases.
The superfoods market is highly fragmented, with various regional and small players. These companies have collaboration and partnerships mostly in the form of co-operatives with farmers across the world, which has made the process of sourcing and procuring ingredients easier, thus, boosting the growth of the superfoods market. Some of the prominent companies in the superfoods market include Sunfood, Supernutrients, Nature’s Superfoods LLP, OMG Superfoods, Aduna Ltd, Navitas Natural, APAX Inc., Suncore Foods, Superlife Co., Barleans Organic Oils LLC, Raw Nutrition, Bright Earth Foods, and Power Super Foods, among others.
Scope of the Report
The superfoods market is segmented by type, as fruits, vegetables, grains and cereals, herbs and roots, and other types. The other types category includes organic and raw cacao, spirulina, chlorella, etc. By distribution channel, the market studied is segmented into hypermarkets/supermarkets, online channel, convenience stores, traditional grocery stores, and other distribution channels. The other distribution channels include health stores, kiosks, etc.
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Furthermore, this study will help to solve the following issues:
- Cyclical dynamics-Report foresees dynamics of industries by using core analytical and unconventional market research approaches.
- Identifying key cannibalizes– Strong substitute of a product or service is that the most prominent threat. Report includes key cannibalizes of a market, by procuring marketing research. This helps in aligning new product development/launch strategies before.
- Spotting emerging trends– Report helps to identify upcoming hot market trends. Report also track possible impact and disruptions which a market would witness by a specific emerging trend.
- Interrelated opportunities–This report will allow making decisions based on data, thereby increasing the chances that the strategies will perform better.
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Customization of the Report:
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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