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Immunity Boosting Food Products Global Market worth $1502.68 Billion at a CAGR of 7.3% By 2028 | Danone SA, Nestle S.A, Blue Diamond Growers, Diamond Foods LLC., Dole Food Company Inc.
Immunity Boosting Food Products Global Market
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According to The Business Research Company's, The immunity boosting food products market size has grown strongly in recent years. It will grow from $1049.66 billion in 2023 to $1132.5 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. . The growth in the historic period can be attributed to rise in health consciousness, global pandemics, traditional medicine practices, growing scientific evidence, aging populations.
The immunity boosting food products market size is expected to see strong growth in the next few years. It will grow to $1502.68 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. . The growth in the forecast period can be attributed to consumer demand for natural ingredients, e-commerce growth, regulatory support, rising healthcare costs, growing demand for functional food and beverage products. Major trends in the forecast period include personalized nutrition, technological advancements, clean label products, convenience and portability, cross-category innovation.
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Market Drivers and Trends:
The increasing awareness about health and fitness to live a healthier lifestyle will drive the immunity-boosting food products market. For instance, in January 2024, according to a report published by Business of Apps, a UK-based B2B information platform, fitness app revenue increased by $5.35 billion in 2021, an increase of 54% from, 2020 and fitness app downloads increased by 400 million in 2021. This has resulted in an increase in the demand for immunity boosting products, thereby driving the immunity-boosting food products market.
Immunity booster products are increasingly being used to boost immune function, which is used when under stress in the modern world. For instance, in July 2021, The Good Crisp Company, a US-based provider of snacks, launched the immune-boosting cheese balls. The cheese balls are positioned as a ""better-for-you"" option with non-GMO, gluten-free, and natural ingredients. This caters to consumers seeking healthier snack alternatives without sacrificing taste.
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Major Key Players of the Market:
Danone SA, Nestle S.A, Blue Diamond Growers, Diamond Foods LLC., Dole Food Company Inc., Pinnacle Foods Corp., Olam International, Fonterra group Cooperative Limited, Associated British Foods PLC, Archer Daniels Midland Company, PepsiCo Inc., Kellogg Company, General Mills Inc., The Kraft Heinz Company, The Coca-Cola Company
Immunity Boosting Food Products Market 2024 Key Insights:
• The immunity boosting food products market size is expected to see strong growth in the next few years. It will grow to $1502.68 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%.
• Growing Health Awareness Drives Immunity-Boosting Food Products Market
• The Good Crisp Company Introduces Immune-Boosting Cheese Balls To Cater To Health-Conscious Consumers
• North America was the largest region in the immunity boosting food products market in 2023
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