Health & Wellness Foods Market size was valued at US$ 0.75 Bn. in 2021 and the total revenue is expected to grow at 9.10% through 2022 to 2029, reaching nearly US$ 1.50 Bn.Health & Wellness Foods Market Overview:
The global health & wellness foods market is expected to grow at a CAGR of 9.10% during the forecast period. The market size of the global health and wellness foods was valued at US$ 0.75 Billion in 2021 and it is expected to reach US$ 1.26 Bn by 2029.To know about the Research Methodology :- Request Free Sample Report Health & Wellness foods market helps to improve overall health, provides better nutrition/vitamins/energy-based foods, reduces stress, tension. Due to COVID-19 consumers are rapidly shifting towards healthy foods such as organic foods, natural foods. Growing hectic lifestyles, increasing pollution, rising ill effects have resulted in the shift towards healthy foods. COVID-19 has shifted the demand for healthy goods, immunity based products among consumers and every eight in 10 consumers changed their eating/diet plans. 2021 is considered as a base year to forecast the market from 2022 to 2029. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2029.
Health & Wellness Foods Market Dynamics:
The increasing trend of eating healthy and natural foods is the primary driving factor for the global health and wellness foods market. Increasing awareness regarding naturally healthy foods which are a rich source of vitamins, fiber, antioxidants and nutrition’s is driving the market. The demand for natural foods such as herbal tea, green tea, honey, olive live, fresh fruits & vegetables apples, nuts & seeds has been increasing since last year due to covid-19. Also rising consumption of organic foods such as cabbage, eggplants, apple, grapes, organic milk and yogurt has driven the global health and wellness market. High costs and fluctuations in prices of health and wellness foods are the restraint for market growth. There are also high availability of low-cost healthy foods and provides fat, salt, sugar which might hamper the market growth. Increasing awareness regarding health & wellness foods and increasing R&D activities and new product development activities are the opportunity. Product innovation will bring new opportunities in the health and wellness market and could enhance demand for products. Increasing consumption of functional foods could bring more opportunities for the health & wellness market.Key Trends-
Rising usage of plant-based diets is the new trend of the health and wellness foods market owing to increasing health-conscious consumers and they prefer plant-based foods. Increasing consumption of healthy snacks foods such as raw vegetables, hard-cooked eggs, and nutritional bars is the new trend of the health and wellness market. Gluten-free foods are also the trend of the health and wellness foods market. Product packaging and the natural and clean product is growing as per consumer demand.Health & Wellness Foods Market Segment Analysis:
The global health & wellness foods market is segmented into main two types by-product natural foods, functional foods, and better-for-you, organic foods. Based on Product, the global health & foods wellness market is divided into main four type’s naturally healthy foods, functional foods, and better-for-you, organic foods. The organic foods segment was held the largest market share of 30% in 2021 as it improves overall health, provides better taste, a rich source of antioxidants/minerals, and boosts the immune system. The global organic food market is expected to grow at a CAGR of 6.0% and reach USD 450.0 Bn. during the forecast period. The growing demand for organic fruits & vegetables, meats & dairy, baby foods has resulted from the fastest growth in the health & wellness foods market. Rising the preference towards organic foods sales was increased by 25% in 2021. The functional food segment is expected to grow at a CAGR of 6.0% by 2029. The functional foods segment holds 20% of the market share in the global health & wellness market. Naturally healthy foods segments is expected to grow at a CAGR of 6.2% and reach USD 400 Bn. during the forecast period. Naturally healthy foods are completely unprocessed and provide high fiber, vitamins, potassium. The better-for-you segment is expected to grow at a CAGR of 4.0% and reach USD 200 Bn. during the forecast period. Based on Distribution Channel, the global health & wellness foods market is divided in main two type’s store-based retail, online retail. The store-based distribution channel (Hypermarket/Supermarket) holds the highest market share of xx% in 2021. The store-based retail distribution channel is growing because of the expansion of hypermarkets/supermarkets in entire the world, easy access to products, a wide range of products in an attractive way, provides discounts/offers etc. However, the online retail segment is expected to grow faster than store-based during the forecast period.Health & Wellness Foods Market Regional Insights:
In 2021, North America is dominating the largest market share of 30% of the health and wellness market, followed by Europe. The United States is expected to reach USD 290.0 Bn. in 2021. While China is expected to grow at a CAGR of 7.0% and reach USD 130.0 Bn. during the forecast period. Other important regions Japan & Canada are expected to grow at a CAGR of 4.5% and 6.0% respectively during the forecast period.Recent Developments:
• In 2020, Nestle made 190 Bn. Servings of fortified foods globally and rose to challenge to serve communities impacted by pandemics. • In 2019, Farmi Piimatoostus Ltd. an Estonian dairy company launched fermented buttermilk with strawberries. Its features are vitamin B6 and B12 which boost the immune system. The objective of the report is to present a comprehensive analysis of the global Health & Wellness Foods market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Health & Wellness Foods market dynamics, structure by analyzing the market segments and project the global Health & Wellness Foods market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Health & Wellness Foods market make the report investor’s guide.Health & Wellness Foods Market Scope: Inquire before buying
Global Health & Wellness Foods Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 0.75 Bn. Forecast Period 2022 to 2029 CAGR: 9.1% Market Size in 2029: US $ 1.50 Bn. Segments Covered: by Product • Naturally Health Food • Functional Food • Better-For-You • Organic Food by Distribution Channel • Store-Based Retail • Online Retail Health & Wellness Foods Market, by Region:
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaHealth & Wellness Foods Market Key Players:
• Archer Daniels Midland Co. • Danone SA • Dean Foods • Mondelez Global LLC • General Mills • Glaxo SmithKline PLC. • Kellogg Co. • Nestle SA • PepsiCo Inc. • Yakult Honsha Co. Ltd. • Abbott Laboratories • Albert’s Organic • Aleias Gluten free food • Amy’s kitchen • Arla food • Blue diamond Growers Frequently Asked Questions: 1. Which region has the largest share in Global Health & Wellness Foods Market? Ans: North America region holds the highest share in 2021. 2. What is the growth rate of Global Health & Wellness Foods Market? Ans: The Global Health & Wellness Foods Market is growing at a CAGR of 9.1% during forecasting period 2022-2029. 3. What is scope of the Global Health & Wellness Foods market report? Ans: Global Health & Wellness Foods Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Health & Wellness Foods market? Ans: The important key players in the Global Health & Wellness Foods Market are – Archer Daniels Midland Co.,Danone SA,Dean Foods,Mondelez Global LLC,General Mills,Glaxo SmithKline PLC.,Kellogg Co.,Nestle SA,PepsiCo Inc.,Yakult Honsha Co. Ltd.,Abbott Laboratories,Albert’s Organic,Aleias Gluten free food,Amy’s kitchen,Arla food,Blue diamond Growers 5. What is the study period of this market? Ans: The Global Health & Wellness Foods Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Health & Wellness Foods Market Size, by Market Value (US$ Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Health & Wellness Foods Market 3.4. Geographical Snapshot of the Health & Wellness Foods Market, By Manufacturer share 4. Global Health & Wellness Foods Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Health & Wellness Foods Market 5. Supply Side and Demand Side Indicators 6. Global Health & Wellness Foods Market Analysis and Forecast, 2021-2029 6.1. Global Health & Wellness Foods Market Size & Y-o-Y Growth Analysis. 7. Global Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 7.1.1. Naturally Health Food 7.1.2. Functional Food 7.1.3. Better-For-You 7.1.4. Organic Food 7.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 7.2.1. Store-Based Retail 7.2.2. Online Retail 8. Global Health & Wellness Foods Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 9.1.1. Naturally Health Food 9.1.2. Functional Food 9.1.3. Better-For-You 9.1.4. Organic Food 9.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 9.2.1. Store-Based Retail 9.2.2. Online Retail 10. North America Health & Wellness Foods Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 12. Canada Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 13. Mexico Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 14. Europe Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 15. Europe Health & Wellness Foods Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 17. France Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 18. Germany Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 19. Italy Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 20. Spain Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 21. Sweden Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 22. CIS Countries Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 23. Rest of Europe Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 24. Asia Pacific Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 25. Asia Pacific Health & Wellness Foods Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 27. India Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 28. Japan Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 29. South Korea Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 30. Australia Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 31. ASEAN Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 32. Rest of Asia Pacific Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 33. Middle East Africa Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 34. Middle East Africa Health & Wellness Foods Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 36. GCC Countries Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 37. Egypt Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 38. Nigeria Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 39. Rest of ME&A Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 40. South America Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 41. South America Health & Wellness Foods Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 43. Argentina Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 44. Rest of South America Health & Wellness Foods Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Health & Wellness Foods Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Archer Daniels Co. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Danone SA 45.3.3. Dean Foods 45.3.4. Mondelez Global LLC 45.3.5. General Mills 45.3.6. Glaxo SmithKline 45.3.7. Kellogg Co. 45.3.8. Nestle SA 45.3.9. PepsiCo Inc. 45.3.10. Yakult Honsha Co. Ltd. 45.3.11. Abbott Laboratories 45.3.12. Albert’s Organic 45.3.13. Aleaais Organic 45.3.14. Arla foods 45.3.15. Blue diamond growers 46. Primary Key Insights