$ 1,299 Billion Growth in Global Health and Wellness Food Market 2020-2024 | Increasing Incidences of Chronic Diseases, Stress, and Other Adverse Health Conditions to Boost Growth | Technavio

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Mar 01, 2021, 11:30 ET

NEW YORK, March 1, 2021 /PRNewswire/ -- The global health and wellness food market is set to grow by USD 1,299.84 billion, progressing at a CAGR of over 6% during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Get a Free Sample Report Delivered Instantly to Know More

Health and Wellness Market by Product and Geography - Forecast and Analysis 2020-2024

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bayer AG, Brunswick Corp., Core Health & Fitness LLC, Danone SA, EVOLVE Brands LLC, General Mills Inc., Johnson Health Tech Co. Ltd., Nestlé SA, PepsiCo Inc., and The Procter & Gamble Co. are some of the major market participants. The increasing emphasis on health and wellness will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Health and Wellness Food Market 2020-2024: Segmentation

Health and Wellness Food Market is segmented as below:

Product

Naturally Health Food
Functional Food
BFY Food
Organic Food
Food Intolerance Products

Geographic Landscape

North America
APAC
Europe
South America
MEA

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Health and Wellness Food Market 2020-2024: Vendor Analysis and Scope

To help businesses improve their market position, the health and wellness food market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Bayer AG, Brunswick Corp., Core Health & Fitness LLC, Danone SA, EVOLVE Brands LLC, General Mills Inc., Johnson Health Tech Co. Ltd., Nestlé SA, PepsiCo Inc., and The Procter & Gamble Co.

The report also covers the following areas:

Health and Wellness Food Market size
Health and Wellness Food Market trends
Health and Wellness Food Market industry analysis

Market trends such as the growing influence of thermal and mineral springs and spas is likely to emerge as one of the primary drivers of the market. However, factors such as lack of cost transparency and value-based payments may threaten the growth of the market.

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Backed with competitive intelligence and benchmarking, our research reports on the health and wellness food market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
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Health and Wellness Food Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist health and wellness food market growth during the next five years
Estimation of the health and wellness food market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the health and wellness food market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of health and wellness food market vendors

Table of Contents:

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Product

Market segments
Comparison by Product placement
Beauty and personal care products - Market size and forecast 2019-2024
Health and wellness food - Market size and forecast 2019-2024
Wellness tourism - Market size and forecast 2019-2024
Fitness equipment - Market size and forecast 2019-2024
Preventive and personalized health - Market size and forecast 2019-2024
Market opportunity by Product

Customer landscape

Overview

Geographic Landscape

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography

Drivers, Challenges, and Trends

Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher-priced units
Market challenges
Market trends

Vendor Landscape

Overview
Vendor landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Bayer AG
Brunswick Corp.
Core Health & Fitness LLC
Danone SA
EVOLVE Brands LLC
General Mills, Inc.
Johnson Health Tech Co. Ltd.
Nestlé SA
PepsiCo Inc.
The Procter & Gamble Co.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

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