Global Superfoods Market - Superfruits Segment to Dominate the Market

Technavio has published a new market research report on the global superfoods market 2018-2022 under their food and beverage library. (Graphic: Business Wire)

LONDON--()--Technavio market research analysts forecast the global superfoods market 2018-2022 to grow at a CAGR of close to 16% during the forecast period, according to their latest report.

This market research report segments the global superfoods market based on the type of products such as superfruits, superseeds and supergrains, edible seaweed, and other superfoods. The report also provides an analysis of the market’s growth prospects across geographic regions such as the Americas, APAC, and EMEA.

Inquire about this report: View market snapshot before purchasing

Register for a My Technavio account and get 10% off your first purchase! View all Technavio’s current offers

Health benefits: a major market driver

Superfoods are nutritious items that are rich sources of polyphenols, anti-oxidants, vitamins, and minerals. Each superfood product packs various nutrients with different health benefits associated with them. They offer consumers a substantially high amount of nutrients with the minimum intake of calories. They play an instrumental role in prolonging the lifespan and minimizing the risk of chronic diseases while contributing to a healthier diet. Also, the consumption of superfoods has a body and skin-boosting effect, which helps consumers achieve and maintain a healthy weight.

According to a senior analyst at Technavio for food research, “The growing popularity of superfoods has resulted in an increase in the launch of new products that carry the superfood, supergrain, superfruit, label. Manufacturers have been developing strategies to increase the market size and demand for these products. Widely popular superfoods are marketed as nutrient-packed eatables. The number of food and beverage products that were launched between 2011 and 2015 with a superfood label has increased by more than 200 times.”

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Global superfoods market segmentation

Of the four product segments, the superfruits segment held the largest market share in 2017, accounting for over 51% of the market. However, the market share for this application is expected to decrease nearly 2% by 2022. The fastest growing application is the other superfoods segment which will increase by over 2% to account for close to 29% of the total market share by 2022.

The Americas was the leading region for the global superfoods market in 2017, accounting for a market share of 47%, followed by EMEA and APAC. Although, APAC has the smallest market share, it is expected to witness the maximum growth of close to 2% over the forecast period.

Personalize this report according to your needs: Request a customization

Technavio’s analysts and industry experts will work directly with you to understand your requirements. We offer USD 1,000 worth of FREE customization at the time of purchase.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

Technavio market research analysts forecast the global superfoods market to grow at a CAGR of close to 16% during the forecast period, 2018-2022.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com