COVID-19 Impact On Immunity Boosting Food Products Market Size, Trends, Size, Revenue Growth Factors Regions, Trends by 2025
Market Scenario
Global Immunity-Boosting Food Products Market size in 2018 was valued at USD 15.4 Billion in 2018 and is projected to grow at a CAGR of 7.6% from 2019 to 2025. The demand for immunity boosting food products is increasing owing to the increasing number of health issues. The rising consciousness regarding health and wellness among individuals has been one of the significant factors behind the growth of the Immunity Boosting Food Products Market Size. Lack of proper and timely diet, stress, smoking, and other unhealthy lifestyle-related choices weaken the body’s immune system.
Market Synopsis
The Global Immunity Boosting Food Products Market has witnessed an exponential growth rate in the last few years. Rising awareness regarding health and wellness among individuals is the primary reason behind the growth of the immunity boosting products market. Lack of proper sleep and diet and unhealthy lifestyles have resulted in weakened immune systems. This has resulted in an increasing awareness of immune-boosting food products worldwide.
Segmentation
By Product Type Fruits & Vegetables: This segment accounted for the largest market share in 2018 and is further anticipated to dominate during the forecasted period. Fruits and vegetables are some of the most common immunity boosting food products. Its easy accessibility, affordability, and suitability for various age groups make it a dominant segment.
By Distribution Channel Store-Based: Most immunity-boosting food products are sold through store-based retailers. This segment has been further divided into supermarkets & hypermarkets, specialty stores/pharmacies, convenience stores, and others.
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Key Players
- Danone SA (France)
- Nestle S.A. (Switzerland)
- Blue Diamond Growers (US)
- Diamond Foods, LLC. (US)
- Dole Food Company, Inc. (US)
- Pinnacle Foods Corp. (US)
- Olam International (Singapore)
- Hines Nut Company (US)
Growth Opportunities in the Market
Preference for Fruits & Vegetables: The fruits and vegetables segment dominated the global immunity boosting food products market in 2018 and is expected to remain the largest during the forecast period. Fruits and vegetables are the most common and readily available food products worldwide. Its affordability, as well as easy accessibility for various age groups, makes its dominant segment during the forecasted period.
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Regional Analysis
North America: North America dominated the global immunity-boosting food products market in 2018, owing to increasing awareness regarding healthy lifestyles and wellness. Additionally, the high purchasing capacity of consumers and the presence of numerous manufacturers of immunity-boosting food products have resulted in the dominance of the North American market. The US is the major market with the presence of some of the key global manufacturers of immunity boosting food products.
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