Global Health and Wellness Food Market 2015-2019

2015-12-30
Price :
Published : Dec-2015
No. of Pages : 85

Overview of the health and wellness food market

The research analyst predicts the global health and wellness food market to grow steadily at a CAGR of 6% during the forecast period. The growing health awareness among consumers globally is the primary growth driver for this market. Health and wellness food products and drinks are known to help cure and prevent gastrointestinal illnesses such as irritable bowel syndrome, inflammatory bowel disease, food allergies, maintaining blood glucose level, and diarrhea. They are also used in functional foods such as dairy products to aid digestion, reduce cholesterol levels, enhance brain function, and increase immunity.

The product innovations in this market are expected to boost the market growth during the forecast period. Vendors are constantly innovating in packaging, formulations, and are even inventing new ways to increase consumption of their products. For instance, Nestle has launched a “Portion Guidance” programme making healthier choices easier for the consumers. Under this program, the company engages consumers with on-pack messaging, highlighting the quality of ingredients used, and giving clear visual instructions to users for brands such as Nido.

Product segmentation and analysis of the health and wellness food market

  • Food intolerance
  • Organic food
  • Better for you (BFY)
  • Functional food
  • Naturally healthy food

The naturally healthy food segment dominated the market during 2014, with a market share of 39%. An ageing population, high obesity rates, and a raised awareness of unhealthy food are the main factors fueling the demand for the naturally healthy food among the consumers.

Segmentation by distribution channel and analysis of the health and wellness food market

  • Hypermarkets and supermarkets
  • Independent small grocers
  • Discounters
  • Convenience stores

Hypermarkets and supermarkets accounted for 57% of the market share during 2014. The convenience provided by this distribution channel and their ability to price products competitively has been driving the growth of this segment.

Geographical segmentation and analysis of the health and wellness food market

  • Americas
  • APAC
  • Europe
  • MEA

North America accounted for 37% of the market share during 2014 and is expected to grow at a CAGR of 5% during the forecast period. The rise in ageing populations, growing number of diabetic patients and the associated health issues are the primary drivers for the market growth in this region.

Competitive landscape and key vendors

The global health and wellness food market is highly fragmented because of the presence of numerous small and large vendors. The vendors in the market compete on the basis of price, quality, innovation, service, reputation, distribution, and promotion. The high vendor competition has led an increased number of mergers and acquisitions, wherein smaller entities are being acquired by, or are being merged with, major players.

The leading vendors in the market are -

  • Danone
  • General Mills
  • Heinz
  • Kellogg
  • Nestle
  • PepsiCo

Other prominent vendors in the market include Abbott Laboratories, Albert’s Organic, Aleias Gluten Free Foods, Amy’s Kitchen, Arla Foods, Blue Diamond Growers, Bob’s Red Mill Natural Foods, Boulder Brands, Chiquita Brands, Fifty 50 Foods, Fonterra, Ganaderos Productores de Leche Pura, Hormel Foods, J.M. Smucker, Keurig Green Mountain, Mead Johnson Nutrition, Nature’s Path Foods, The Coco-Cola Company, The Great Nutrition, The Hain Celestial Group, Wild Oats Markets, Unilever, and Worthington Foods.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2019
  • What are the key factors driving the global health and wellness food market
  • What are the key market trends impacting the growth of the health and wellness food market
  • What are the challenges to market growth
  • Who are the key vendors in this market space
  • What are the market opportunities and threats faced by the vendors in the global health and wellness food market
  • Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA
  • What are the key outcomes of the five forces analysis of the health and wellness food market
Filed in: Food & Beverage
Publisher : Technavio
More Reports
Title Price Buy Now

Global Corn Flour Market 2017-2021

ABSTRACT About Corn Flour The growing demand for Latin foods and the growing population of Hispanics are the prime factors driving the demand for corn four. In addition, the growth in the baking industry and food service segments and the growing popularity of corn-based snack products are the other drivers for the market growth. Established vendors are forming partnerships and strategic alliances, and such trends are expected to gain prominence in the market. Further, the trending acceptance of dry corn flour method instead of the traditional cooked-corn method by many vendors can have a significant impact on the market. The analysts forecast the global corn flour market to grow at a CAGR of 1.95% during the period 2017-2021. Covered in this report This report covers the present s......
$3500

Global Spirit-based RTD Mixes Market 2017-2021

About Spirit-based RTD Mixes Spirit-based RTD mixes are products that have a lower alcohol content than spirits and can be consumed directly from the bottle without any preparation. The products are flavored and the alcohol content in the product ranges from 5% to 15% by volume. The RTD products are popular among the consumers due to the convenience factor and flavor preferences. Consumers who are pressed for time due to busy lifestyles prefer RTD products as they can be consumed directly without much preparation and thus offer a convenience factor. The players in the market are coming up with new products and this is driving the growth of the market. The analysts forecast the global spirit-based RTD mixes market to grow at a CAGR of 7.36% during the period 2017-2021. Covered in this ......
$3500

Global Granola Bars Market 2017-2021

About Granola Bars Maintaining a healthy lifestyle and a healthy diet is a top priority among consumers today. However, besides health benefits, consumers also look for good taste when purchasing food products. Thus, granola bars fit the requirements of consumers. The portability and filling capacity of these bars are the other reasons behind their growing popularity. The analysts forecast the global granola bars market to grow at a CAGR of 8.64% during the period 2017-2021. Covered in this report This report covers the present scenario and the growth prospects of the global granola bars market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of granola bars worldwide has been considered. The market is divided into the f......
$3500

Global Pectin Market 2017-2021

About Pectin Pectin was first discovered in 1790 by the French chemist Louis Nicola Vauquelin. He was able to separate from fruit juice, a water-soluble substance that turns liquids into a gel. The name pectin is derived from the Greek word "pektos" that means curdling or congealing. The beneficial properties of pectin were discovered immediately even before its chemical composition was determined in the next century. Pectin is utilized widely in the food and beverage processing, cosmetics, and pharmaceutical industries. The analysts forecast the global pectin market to grow at a CAGR of 7.54% during the period 2017-2021. Covered in this report This report covers the present scenario and the growth prospects of the global pectin market for 2017-2021. To calculate the market size, t......
$3500

Global Potato Peeler and Slicer Equipment Market 2017-2021

About Potato Peeler and Slicer Equipment Potato processing equipment is sold to end-users in the commercial and industrial setups. During the forecast period, the market is expected to grow mainly due to the increasing replacement demand from developed economies, increase in the number of foodservice establishments, and rising demand for new units of potato peeler and slicer equipment from emerging economies. The increase in the number of potato processing plants will also help propel the market's growth during the forecast period. The analysts forecast the global potato peeler and slicer equipment market to grow at a CAGR of 7.66% during the period 2017-2021. Covered in this report This report covers the present scenario and the growth prospects of the global potato peeler and sli......
$3500

Food Storage Container Market in the US 2017-2021

About Food Storage Container Food storage container manufacturers in the US are increasing investments in R&D to offer the best designs and materials. They are also focusing on improving the quality of products, keeping in mind the environmental and sustainability concerns. End-users are also looking for diversification for the uses of food storage containers. For instance, many end-users such as large restaurants prefer to prepare and store food in large quantities to improve their production efficiency. This necessitates the use of food storage containers, which helps save time and cost for end-users. It is equally important for end-users to choose the most durable food storage containers so that they can withstand extreme temperature and help save cost. The analysts forecast the food ......
$3500

Global Super Fruit Juices Market 2017-2021

About Super Fruit Juices The global juice market is growing at slow rate owing to factors such as the presence of high amounts of sugar and artificial preservatives in juices. Also, substitutes like dairy-based drinks, fruits, and fresh juices hinder the growth of the market. Despite the challenges, the market has immense potential to grow as the demand for healthy food and beverage options from consumers is increasing globally. The vendors are coming up with new products to cater to the increasing demand from the consumers. The analysts forecast the global super fruit juices market to grow at a CAGR of 11.67% during the period 2017-2021. Covered in this report This report covers the present scenario and the growth prospects of the global super fruit juices market for 2017-2021. To......
$3500

Global Underbars Refrigeration Market 2017-2021

About Underbars Refrigeration Underbars refrigerators are designed for bottled alcoholic beverages and are mostly used in the front-of-the-house bar area. Underbars refrigerators have multiple configurations including one to four doors, drawers, or slide tops. Many manufacturers provide underbars refrigerators in such a way that they can be stacked. The slide tops in the underbars refrigerator help the operator store one type of beverage or product in a small space. The length of underbars refrigerator ranges from 24 to 72 inches, typically increasing in 12-inch increments. The depth of underbars refrigerators ranges from 24 to 34 inches. The analysts forecast the global underbars refrigeration market to grow at a CAGR of 5.73% during the period 2017-2021. Covered in this report Th......
$3500

Global Bottled Spring Water Market 2017-2021

About Bottled Spring Water The spring water originates from an underground source from which water naturally rises to the surface. Spring water is found to be a natural source of minerals and is considered to be free of most contaminants typically found in the drinking water. Also, spring water helps to maintain the acidity level in the body as spring water is slightly alkaline in nature. The spring water must be collected from its source to be termed as natural spring water. The analysts forecast the global bottled spring water market to grow at a CAGR of 7.31% during the period 2017-2021. Covered in this report This report covers the present scenario and the growth prospects of the global bottled spring water market for 2017-2021. To calculate the market size, the report consider......
$3500

Global Food Preservatives Market 2017-2021

About Food Preservatives Food preservatives are added to food to keep it free from contamination and fresh for a long-time interval between the time of manufacturing and consumption. These are used in dairy products, beverages, bakery products, snacks, meat, and seafood during processing and packaging to extend their shelf lives by preventing bacterial contamination. The demand for these food items is expected drive the global food preservatives market. The growing need for convenience and increasing complexities in the food supply chain also drive the demand for food preservatives. The analysts forecast the global food preservatives market to grow at a CAGR of 2.51% during the period 2017-2021. Covered in this report This report covers the present scenario and the growth prospects......
$3500