Global Immunity Boosting Food Products Market Opportunities and Strategies Report 2020 Reveals - Yogurt As a Best Source of Probiotics for Immunity During COVID-19

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Jan 11, 2021, 09:45 ET

DUBLIN, Jan. 11, 2021 /PRNewswire/ -- The "Immunity Boosting Food Products Global Market Opportunities and Strategies to 2030: COVID-19 Implications and Growth" report has been added to ResearchAndMarkets.com's offering.

Immunity Boosting Food Products Global Market Opportunities and Strategies to 2030: COVID-19 Implications and Growth provides the strategists, marketers and senior management with the critical information they need to assess the global immunity boosting food products market.

The global immunity boosting food products market reached a value of nearly $830,302.0 million in 2019, having grown at a compound annual growth rate (CAGR) of 3.8% since 2015, and is expected to grow at a CAGR of 6.2% to nearly to reach $1,056,384.7 million in 2023. The market is expected to grow at a CAGR of 7.6% to nearly $ 1,222,018.0 million by 2025, and at a CAGR of 7.0% to $1,710,772.8 million by 2030.

Growth in the historic period resulted from rise in disposable income and strong economic growth in emerging markets. Factors that negatively affected growth in the historic period were talent crunch and fluctuating prices of raw materials. Going forward, growing number of health-conscious consumers, faster economic growth, growing demand for immunity boosting foods and beverages during covid-19, rising penetration of organized retail and rising population will positively impact the market growth. Factors that could hinder the growth of the immunity boosting food products market in the future include high cost of raw materials and lack of awareness, intense competition and reductions in free trade.

The immunity boosting food products market is segmented by product type into herbs & spices; nuts & seeds; fruits & vegetables; dairy-based products; probiotics and prebiotics; food supplements and others. The nuts & seeds market was the largest segment of the immunity boosting food products market segmented by product type, accounting for 40.2% of the total in 2019. Going forward probiotics and prebiotics segment is expected to be the fastest growing segment in the immunity boosting food products market, at a CAGR of 9.8%.

The immunity boosting food products market is also segmented by form into tablets; capsules; powder; liquid; fresh food; chilled/frozen; canned; dried food and other forms. The dried food market was the largest segment of the immunity boosting food products market segmented by form, accounting for 28.5% of the total in 2019. Going forward liquid segment is expected to be the fastest growing segment in the immunity boosting food products market, at a CAGR of 6.6%.

The immunity boosting food products market is also segmented by distribution channel into store-based and non-store-based. The store-based market was the largest segment of the immunity boosting food products market segmented by distribution channel, accounting for 91.4% of the total in 2019. Going forward non-store-based segment is expected to be the fastest growing segment in the immunity boosting food products market, at a CAGR of 7.8%.

The top opportunities in the immunity boosting food products market segmented by product type will arise in the nuts & seeds market segment, which will gain $76,539.7 million of global annual sales by 2023. The top opportunities in the immunity boosting food products market segmented by form will arise in the dried food segment, which will gain $59,195.2 million of global annual sales by 2023. The top opportunities in the immunity boosting food products market segmented by distribution channel will arise in the store-based segment, which will gain $200,974.5 million of global annual sales by 2023. The immunity boosting food products market size will gain the most in China at $39,747.3 million.

Market-trend-based strategies for the immunity boosting food products market include focusing on probiotic products to leverage growing demand, focusing on instant immunity boosting products, focusing on wellness shots, consider investing in immunity boosting ice creams, focusing on launching immunity boosting beverages and focusing on natural botanicals infused drinks. Player-adopted strategies in the immunity boosting food products industry include developing innovative immunity boosting products, strategic acquisition of emerging and innovative companies, expanding business presence in developing markets, strategic partnerships and joint ventures with established companies and distribution partnerships with existing players.

To take advantage of the opportunities, the publisher recommends that companies should focus on providing wellness shots, immunity boosting beverages and ice-creams, natural botanical infused drinks, adoption of robotics and automation, competitive pricing, premium pricing, expanding in emerging economies, adoption of online delivery services, leverage social media, and targeting mature age groups.

Immunity Boosting Food Products Market Trends and Strategies

Yogurt As a Best Source of Probiotics for Immunity during COVID-19
Instant Immunity Boosters
Wellness Shots
Immunity Boosting Ice Creams
Immunity Boosting Beverages
Natural Botanicals Infused Drinks

Companies Mentioned

AlchemLife
Alticor Inc
Amul
Amway India
Amway Japan
Ancient Nutrition
Archer Daniels Midland Company
Associated British Foods plc
Baidyanath Ayurved Bhawan Pvt. Ltd
Bayer AG
Bioextra Co Ltd
BioGaia
Blackmores Limited
Blue Diamond Growers
By-health Co Ltd
Chobani
Conagra Brands, Inc.
Dabur
Danone S.A
Del Monte India
Diamond Foods
Diamond Of California
Dole Food Company, Inc.
Dr. Willmar Schwabe GmbH & Co. KGGoodMills Innovation
DOHLER
Emami
Evalar Company
Fonterra Co-Operative Group Limited
Glanbia Plc
GoodMills Innovation
GSK group of companies
H&H Int'l Hldg
Herbalife Nutrition
Hines Nut Company
House Wellness Foods
Infinitus Company Ltd
ITC
Kerala Ayurveda
Kirin Holdings Company
Marico
Nestle S.A
NOW foods
Nutramax Laboratories
Olam International
Organic India Private Limited
Patanjali Ayurved
Prisum International
Royal DSM
Secom
Strong Nature
Taisho Pharmaceutical
Teijin
The Himalaya Drug Company
USA KOR Shots
USANA Health Sciences
Vive Organic
VLCC Wellscience
ZAND Immunity
Zandu

For more information about this report visit https://www.researchandmarkets.com/r/4hxqdo

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