Market Overview:
The global health and wellness food market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth can be attributed to the increasing awareness about the benefits of healthy eating habits, rising disposable income, and growing demand for organic food products. The functional food segment is expected to dominate the global health and wellness food market in terms of revenue share during the forecast period. This can be attributed to the increasing demand for functional foods that offer various health benefits such as weight loss, improved digestion, and reduced risk of chronic diseases. In terms of application, online retail is expected to account for a larger share of the global health and wellness food market during the forecast period. This can be attributed to factors such as growing penetration of internet users worldwide coupled with rising consumer preference for convenience foods.
Product Definition:
Health and wellness food is food that is considered to be healthy for you. It typically has a low calorie count and is high in fiber. It can also help to boost your immune system.
Functional Food:
Functional food is a product that has health benefits beyond basic nutrition. It helps in maintaining and optimizing health by supporting various body functions. The concept of functional food emerged from traditional foods used for medicinal purposes, which contain active ingredients to treat diseases like the common cold or constipation. Over the past few years, there has been an increase in awareness regarding following a healthy lifestyle among consumers across the globe owing to rising prevalence of chronic diseases such as obesity and diabetes.
Naturally Health Food:
By understanding the difference between naturally health food and wellness food, it helps in a better decision making process for consumers. The major factor that influences the buying behavior of consumers towards naturally health foods is that these products are free from any type of additives and chemicals.
The natural health foods industry has been growing at a steady pace over the past few years owing to rising awareness among people about healthy eating habits.
Application Insights:
The offline retail segment dominated the global health and wellness food market, accounting for over 60.0% share of the overall revenue in 2017. The application of functional foods is witnessing a rise owing to their benefits such as improved digestion, weight loss, immunity enhancement among others in various clinical conditions. These products are widely used by individuals who have specific medical requirements such as diabetes or cardiovascular diseases due to which manufacturers are launching new products with innovative ingredients at affordable prices through online and offline channels.
Online retailing has emerged as a preferred channel for purchasing health and wellness related products owing to its convenience along with accessibility across different platforms including mobile phones, computers etcetera worldwide thereby driving the growth of this segment during the forecast period 2018-2030 ¢â‚¬Å“ Offline Retailers Can Use Technology To Fight Back !!¢â‚¬ ( see figure 1 ).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to rising consumer awareness regarding a healthy lifestyle and growing demand for organic food products in this region. Asia Pacific is anticipated to witness significant growth over the coming years owing to increasing health concerns among consumers coupled with government initiatives promoting wellness foods in emerging economies such as India, China, and Japan. Moreover, increasing disposable income levels are expected to fuel regional product demand during the forecast period.
Growth Factors:
- Increasing awareness about the benefits of healthy eating habits.
- Rising disposable income of consumers, especially in developing countries.
- Growing demand for convenience foods that are healthy and nutritious.
- Proliferation of health-conscious lifestyle trends among consumers worldwide.
- Advances in food technology and packaging that make it easier to eat healthy foods on the go
Scope Of The Report
Report Attributes
Report Details
Report Title
Health and Wellness Food Market Research Report
By Type
Functional Food, Naturally Health Food, Better-For-You (BFY) Food, Food Intolerance Products, Organic Food
By Application
Online Retail, Offline Retail
By Companies
Danone, General Mills, GlaxoSmithKline, Kellogg, Nestlé, PepsiCo, Danone
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Health and Wellness Food Market Report Segments:
The global Health and Wellness Food market is segmented on the basis of:
Types
Functional Food, Naturally Health Food, Better-For-You (BFY) Food, Food Intolerance Products, Organic Food
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Retail, Offline Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Danone
- General Mills
- GlaxoSmithKline
- Kellogg
- Nestlé
- PepsiCo
- Danone
Highlights of The Health and Wellness Food Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Functional Food
- Naturally Health Food
- Better-For-You (BFY) Food
- Food Intolerance Products
- Organic Food
- By Application:
- Online Retail
- Offline Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Health and Wellness Food Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Health and wellness food is a type of food that can help improve your health. It can be anything from healthy snacks to whole foods that are high in nutrients.
Some of the major players in the health and wellness food market are Danone, General Mills, GlaxoSmithKline, Kellogg, NestlƒÂ©, PepsiCo, Danone.
The health and wellness food market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Health and Wellness Food Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Health and Wellness Food Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Health and Wellness Food Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Health and Wellness Food Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Health and Wellness Food Market Size & Forecast, 2018-2028
4.5.1 Health and Wellness Food Market Size and Y-o-Y Growth
4.5.2 Health and Wellness Food Market Absolute $ Opportunity
Chapter 5 Global Health and Wellness Food Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Health and Wellness Food Market Size Forecast by Type
5.2.1 Functional Food
5.2.2 Naturally Health Food
5.2.3 Better-For-You (BFY) Food
5.2.4 Food Intolerance Products
5.2.5 Organic Food
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Health and Wellness Food Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Health and Wellness Food Market Size Forecast by Applications
6.2.1 Online Retail
6.2.2 Offline Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Health and Wellness Food Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Health and Wellness Food Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Health and Wellness Food Analysis and Forecast
9.1 Introduction
9.2 North America Health and Wellness Food Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Health and Wellness Food Market Size Forecast by Type
9.6.1 Functional Food
9.6.2 Naturally Health Food
9.6.3 Better-For-You (BFY) Food
9.6.4 Food Intolerance Products
9.6.5 Organic Food
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Health and Wellness Food Market Size Forecast by Applications
9.10.1 Online Retail
9.10.2 Offline Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Health and Wellness Food Analysis and Forecast
10.1 Introduction
10.2 Europe Health and Wellness Food Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Health and Wellness Food Market Size Forecast by Type
10.6.1 Functional Food
10.6.2 Naturally Health Food
10.6.3 Better-For-You (BFY) Food
10.6.4 Food Intolerance Products
10.6.5 Organic Food
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Health and Wellness Food Market Size Forecast by Applications
10.10.1 Online Retail
10.10.2 Offline Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Health and Wellness Food Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Health and Wellness Food Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Health and Wellness Food Market Size Forecast by Type
11.6.1 Functional Food
11.6.2 Naturally Health Food
11.6.3 Better-For-You (BFY) Food
11.6.4 Food Intolerance Products
11.6.5 Organic Food
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Health and Wellness Food Market Size Forecast by Applications
11.10.1 Online Retail
11.10.2 Offline Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Health and Wellness Food Analysis and Forecast
12.1 Introduction
12.2 Latin America Health and Wellness Food Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Health and Wellness Food Market Size Forecast by Type
12.6.1 Functional Food
12.6.2 Naturally Health Food
12.6.3 Better-For-You (BFY) Food
12.6.4 Food Intolerance Products
12.6.5 Organic Food
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Health and Wellness Food Market Size Forecast by Applications
12.10.1 Online Retail
12.10.2 Offline Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Health and Wellness Food Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Health and Wellness Food Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Health and Wellness Food Market Size Forecast by Type
13.6.1 Functional Food
13.6.2 Naturally Health Food
13.6.3 Better-For-You (BFY) Food
13.6.4 Food Intolerance Products
13.6.5 Organic Food
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Health and Wellness Food Market Size Forecast by Applications
13.10.1 Online Retail
13.10.2 Offline Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Health and Wellness Food Market: Competitive Dashboard
14.2 Global Health and Wellness Food Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Danone
14.3.2 General Mills
14.3.3 GlaxoSmithKline
14.3.4 Kellogg
14.3.5 Nestlé
14.3.6 PepsiCo
14.3.7 Danone
