Immunity Boosting Food Products Market Growth Factors, Latest Trends And Regional Analysis By Leading Players Forecast To 2030

The Business Research Company’s Immunity Boosting Food Products Market Report - Opportunities And Strategies - Global Forecast To 2030.

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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.

The Key drivers of the immunity boosting food products market include:-
The increase in the awareness of health and fitness among people and the growing number of health-conscious consumers are expected to drive the market for immunity boosting food products during the forecast period. Consumers are moving towards maintaining a good health through various diets, thereby increasing their immune system.

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Immunity Boosting Food Products Market Segmentation:-
By Type Of Product
1. Herbs & Spices
2. Nuts & Seeds
3. Fruits & Vegetables
4. Dairy-Based Products
5. Probiotics and Prebiotics
6. Food Supplements
7. 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%.

By Distribution Channel
1. Store-Based
2. Non-Store-Based

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%.

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By Geography - The immunity boosting food products market is segmented I nto
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa

Some of the major key players involved in the immunity boosting food products market are
1. Danone S.A.
2. Nestlé S.A.
3. Fonterra Co-Operative Group Limited
4. Dole Food Company, Inc.
5. Olam International

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

This release was published on openPR.