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Health and Wellness Foods - Global Strategic Business Report

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    Report

  • 729 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5140967
Description Jump to:
The global market for Health and Wellness Foods is estimated at US$925.7 Billion in 2023 and is projected to reach US$1.6 Trillion by 2030, growing at a CAGR of 6.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Naturally Healthy Foods segment, which is expected to reach US$627 Billion by 2030 with a CAGR of 7.8%. The Functional Foods segment is also set to grow at 6.9% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $282.1 Billion in 2023, and China, forecasted to grow at an impressive 9.4% CAGR to reach $210.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Health and Wellness Foods Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Health and Wellness Foods Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Health and Wellness Foods Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Abbott Laboratories, Aleia’s Gluten Free Foods, Amy’s Kitchen, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 237 Featured):

  • Abbott Laboratories
  • Aleia’s Gluten Free Foods
  • Amy’s Kitchen
  • Archer-Daniels-Midland Company
  • Arla Foods amba
  • Bayer AG
  • Blue Diamond Growers
  • Bob’s Red Mill Natural Foods
  • Chiquita Brands International Sàrl
  • Chobani Global Holdings, LLC
  • Clif Bar & Company
  • Danone SA
  • Fifty50 Foods
  • Glanbia PLC
  • Kellogg Co.
  • Mars, Incorporated
  • Nestlé SA
  • The Procter & Gamble Company
  • United Natural Foods, Inc. (UNFI)

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Focus on Healthy Eating for Everyday Wellness Provides the Foundation for Growth of Health and Wellness Foods Market
  • An Introduction to Health and Wellness Foods
  • Global Economic Update
  • World Shifts to an Endemic COVID-19 Strategy With Focus on Multilateral Approach to Managing Future Pandemics
  • What to Expect from the Global Economy in 2024? Will We Be Still Searching for a Landing?
  • Noteworthy Economic Highlights for 2024
  • Here’s How Inflationary Pressures Affect the Economy
  • Although Past Peak, Efforts to Solve the Inflation Puzzle Should Continue into 2024
  • Climate Change Will Remain a Long-Term Worry for the Global Economy
  • Global Oil Prices Remain Volatile Amid Acute Geopolitical Uncertainty & Tensions that Heighten Threat of Market Shocks: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • While Still Not in the Comfort Zone, the Expected Steeper Fall in Inflation in 2024 Can Cushion Economic Growth: Global Inflation Rates (In %) for the Years 2019 through 2025
  • Flat Growth for 2024 & A Possible Soft Landing, as the Global Economy Attempts to Balance Recovery While Navigating Through Wars, Political Conflicts & Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2022 Through 2025
  • Pandemic Outbreak Leads to Increased Consumer Focus on Health and Wellness Products
  • Pandemic Increases Consumer Demand for Healthier Ingredients in Foods and Beverages
  • Global Market Outlook
  • Competition
  • Health and Wellness Foods - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Functional Foods and Drinks: A Fragmented Market
  • Consolidation Continues to Shape the Market Landscape
  • Regional and Cultural Customization: Important for Success in the Emerging Markets
  • Food Allergy and Intolerance Products: A Fragmented Market
  • Recent Market Activity
  • Influencer/Product/Technology Insights
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • What Trends Are Shaping the Future of Health and Wellness Foods Marketplace?
  • Key Health and Wellness Trends for 2024 & Beyond
  • Increasing Focus on Achieving Sustainable Nutrition
  • Greater Attention on Understanding the Impact of Nutrition on Women’s Health
  • Growing Emphasis on Identifying the Role of Nutrition on Improving Cognitive Health
  • Emerging Research Linking Gut Microbiome to Various Diseases
  • Government Initiatives Being Increasingly Directed Towards Healthier Diets
  • Role of Nutrients in Recovering from Physical or Mental Stressors Gaining Attention
  • Consumers Prioritizing Personal Health Over Price While Buying Food Products
  • Increasing Emphasis on Maintaining a Healthy Lifestyle Propelling Demand for Nutrient-Rich Diets
  • Natural Foods and Clean Label Gain Attention
  • Consumers Zero in on Foods and Beverages with Specific Health & Wellness Benefits
  • Functional Foods & Drinks Continue to Gain Interest
  • Functional Foods & Beverages Ecosystem
  • Wellness Concerns and Nutrition Focus Bolster the Global Functional Foods Market
  • Major Functional Foods, their Functional Components and Health Benefits Summarized
  • Plant-Centric Demand to Buoy Functional Foods & Drinks Market
  • Cognitive Health Consciousness Boosts Uptake of Functional Foods
  • Convenient Formats to Benefit Demand
  • Gut Health: A Growing Area of Consumer Interest
  • Probiotics Remain the Preferred Ingredient for Gut Health Foods
  • Prebiotics Making Accelerated Switch from Niche towards Mainstream Category
  • Dairy-Based Functional Yogurt: The Most Popular Probiotic Food
  • Protein-Fortified Products Rise in Demand
  • Free-From Foods: A Transformative Trend in the Food Industry
  • Rise in Food Sensitivities and Intolerances Fuels Demand for Fuel Intolerance Products
  • Lactose-free Products: Rising Incidence of Lactose Intolerance and Sensitivity Fuels Growth
  • Global Lactose-Free Dairy Products Market by Product (in %) for 2023
  • Lactose-free Dairy Products Grab Major Share of Lactose-free Products Market
  • Lactose Content of Dairy and Select Dairy Products
  • Lactose-free Cheese: Perceived Health Benefits and Lactose-Intolerance Drive Sales
  • Gluten-free Products: Addressing the Needs of Gluten Sensitive Individuals
  • Global Gluten-Free Products Market by Type (in %) for 2023
  • Global Gluten-Free Products Market by Distribution Channel (in %) for 2023
  • Rising Incidence of Celiac Disease & Increasing Health Awareness Present Growth Opportunities
  • Gluten-Free Trend Gains Prominence in Bakery Products Market
  • Gluten-free Beverages Market: Health Advantages Spur Growth
  • Rising Popularity of Gluten-free Snacks
  • Taste: A Key Factor Determining Consumer Acceptance of Gluten-Free Products
  • Growing Consumer Preference for Natural & Organic Foods Drives Market
  • Consistent Rise in Organic Farmland Area to Boost Organics Market: Global Organic Agricultural Land in Million Hectares for the Years 2000, 2005, 2010, 2015, 2020 and 2023
  • Global Organic Agricultural Land Area Breakdown (in %) by Region: 2023
  • Organic Food as % of Total Food in the US for 2011-2025
  • Consumer Awareness about Dietary Fiber to Benefit Demand For High Fiber Foods
  • Myriad Health Benefits of Whole Grains and High Fiber Diet to Drive Widespread Consumption
  • Fiber: The Out and Out Growth Driver
  • An Overview of Common Whole Grain Varieties & their Health Benefits
  • Changing Consumer Needs Drive Demand for Whole Grain Nutrition Bars
  • Rise in Health-Improving Foods: A Deep Dive into the BFY Market
  • Consumer Shift towards BFY Foods and Health-Conscious Munching Drives Demand for Healthy Snacks
  • Surging Popularity of Plant-based Health Foods
  • Demographic Factors Influence Plant-based Products Market
  • Why Plant-based Alternative Meat Appears to Lose Flavor & Hit Saturation Point
  • Focus on Weight Management Boosts Prospects in Health & Wellness Foods Market
  • Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
  • Average Per Capita Annual Health Expenditure (In US$) due to Obesity
  • Increasing Prevalence of Chronic & Lifestyle Diseases Enhances Consumer Spending on Wellness Foods
  • Global Annual Medical Cost of CVD in US$ Billion: 2010, 2015, 2020, 2025 and 2030
  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • With Fitness & Gym Trainers Promoting Healthy Diets as Part of Fitness Routines, Health & Wellness Foods Market Set to Grow
  • Number of Health and Fitness Clubs Worldwide (in Thousands): 2009-2023
  • Market to Benefit from Manufacturer & Retailer Efforts to Promote Health & Wellness Foods
  • Innovations in Health & Wellness Foods Boost Market Prospects
  • Cutting-Edge Technologies Set to Revolutionize Health Food Industry
  • Demographic Factors Influence Growth in Health & Wellness Foods Market
  • Ballooning Global Population
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Urbanization Trend
  • World Urban Population in Thousands: 1950-2050P
  • Burgeoning Middle Class Population
  • Millennials Population
  • Millennial Population as a Percentage (%) of Total Population: 2023
  • Nutritional Preferences of Gen Z
  • Challenges Facing the Health and Wellness Foods Market
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Health and Wellness Foods Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Health and Wellness Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Health and Wellness Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Health and Wellness Foods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Naturally Healthy Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Naturally Healthy Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Naturally Healthy Foods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Functional Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Functional Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Functional Foods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Better-For-You (BFY) Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Better-For-You (BFY) Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Better-For-You (BFY) Foods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Organic Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Organic Foods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Organic Foods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Food Intolerance Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Food Intolerance Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Food Intolerance Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Online by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Online by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Online by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Health and Wellness Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Rising Interest in Immunity Boosting Diet Boosts Market Prospects
  • Changing Consumer Perceptions about Health and Wellness to Benefit Market
  • Focus on Healthy Eating Fuels Demand for Healthy Snacking
  • Restaurants and Brands Focus on Innovation to Remain Relevant during Pandemic
  • Functional Foods Market Benefits from Aging Population & Growing Focus on Health & Wellness
  • Rise in Popularity of Healthy Functional Beverages
  • Baby Boom Opens New Window of Opportunity for Functional Foods & Drinks for Kid’s Health
  • Rise in Demand for Products that Promote Gut and Digestive Health
  • Amidst Rising Incidences of Food Allergy and Intolerances, Free-From and Allergy-Friendly Foods Surge in Demand
  • Consumer Move towards Selective Food Avoidance Reshaping Food Industry
  • Gluten Intolerance and Shift towards Healthy Diets Bolsters Sales of Gluten-free Products
  • US Gluten-Free Foods & Beverages Market by Category (in %) for 2023
  • Growing Appetite for Organic Food among Americans
CANADA
  • Health & Wellness Trend Drives Functional Foods Market
JAPAN
  • Health and Wellness Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Japan: A Promising Market for Health & Wellness Foods
  • Aging Population: A Prime Target for Functional Food Makers
  • Japanese Elderly (65+ Years) Population: 2000-2050
CHINA
  • Rising Emphasis on Healthy Living Fuels Demand for Functional Foods
  • Free-From Foods Grow in Demand
EUROPE
  • Health and Wellness Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Consumer Focus on Health and Wellness Boosts Growth Prospects
  • Changing Demographics Propel Market Growth
  • European Population By Age Group: Percentage Share Breakdown of Age Groups for 2020 & 2040
  • Europe Emerges as a Leading Gluten-free Products Market
  • European Gluten-Free Foods Market Breakdown of Consumption (%) by Product for 2023
  • Protein and Plant-Based Products Gain Preference
FRANCE
GERMANY
  • Increasing Focus on Health and Wellness Drives Demand for Functional Foods
  • Market Share of Leading Functional Drink Companies in Germany (2022)
ITALY
UNITED KINGDOM
  • Functional Foods & Beverages: A Promising Market
  • Food Allergies Drive Growth in Free-From Foods Market
  • Gluten-free Products Find Favor in the UK
  • Lactose-Free Market Poised for Growth
  • UK Lactose-Free Dairy Products Market Breakdown of Sales (in %) by Product: 2023
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Health and Wellness Foods Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Health & Wellness Foods Market Poised for High Growth
AUSTRALIA
INDIA
  • Demand for Wellness Products Grows in India
  • Lucrative Opportunities for Functional Foods and Drinks
  • Factors Restraining Growth
  • Food Allergies and Intolerances on the Rise among Indians Fuels Growth in Free-from Foods
  • Rising Incidence of Celiac Disease Creates Pressing Need for Gluten-free Diets
  • Concerns over Growing Lactose Intolerance Drive Sales of Lactose-free Foods
  • Indian Health and Wellness Start-Ups Register Considerable Investments
SOUTH KOREA
  • Functional Foods & Beverages: A Promising Market
REST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Abbott Laboratories
  • Aleia’s Gluten Free Foods
  • Amy’s Kitchen
  • Archer-Daniels-Midland Company
  • Arla Foods amba
  • Bayer AG
  • Blue Diamond Growers
  • Bob’s Red Mill Natural Foods
  • Chiquita Brands International Sàrl
  • Chobani Global Holdings, LLC
  • Clif Bar & Company
  • Danone SA
  • Fifty50 Foods
  • Glanbia PLC
  • Kellogg Co.
  • Mars, Incorporated
  • Nestlé SA
  • The Procter & Gamble Company
  • United Natural Foods, Inc. (UNFI)

Table Information

Report AttributeDetails
No. of Pages729
PublishedMarch 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 925.7 Billion
Forecasted Market Value ( USD ) by 2030 $ 1600 Billion
Compound Annual Growth Rate6.9%
Regions CoveredGlobal

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