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Global Superfoods Market to Grow at a CAGR of 6.2% During 2021-2026, Aided by the Rising Consumption of High-Nutrition Foods

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Global Superfoods Market: By Type: Fruits, Vegetables, Dairy, Grains and Seeds, Herbs and Roots, Meat, Fish, and Poultry, Others; By Distributional Channel; By Application; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Superfoods Market Outlook

Superfoods have become a robustly growing category of health foods. These foods are built to provide outstanding nutritional and medicinal attributes. The global superfoods market is expected to grow at a CAGR of about 6.2% in the forecast period of 2021 and 2026.

 

Superfoods Market

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North America Led the Superfoods Market, Bolstered by the Rising Health Consciousness Among Consumers

North America dominated the global superfoods market due to the rising trend towards consuming nutritionally rich foods and beverages, with lower calorie content, as a result of the rising awareness of health and well-being among the consumers. Recommendations by health organisations like the American Heart Association is also supporting the growth of the regional market. According to the American Heart Association, the inclusion of foods and oils rich in omega-3 in the diet reduces the risk of cardiac diseases. Thus, the consumption of omega-3 EFAs, especially those derived from plants, such as chia seeds, have been gaining popularity in the region. In the coming years, the superfoods market in North America is expected to be bolstered by the rising investments into R&D by the major players in the market.

 

Superfoods Market by Type

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Superfoods: Industry Definition and Segmentation

Superfoods include mostly plant foods but can also refer to some fish and milk products. They are considered nutritionally rich and, thus, healthy. Blueberries, salmon, kale, and acai are some of the nutritionally rich products that have been branded as superfoods.

Based on type, the superfoods market can be divided into:

  • Fruits
  • Vegetables
  • Dairy
  • Grains and Seeds
  • Herbs and Roots
  • Meat, Fish, and Poultry
  • Others

The leading distribution channels for superfoods are:

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Traditional Grocery Stores
  • Online Channels
  • Others

Superfoods find their major applications in the following segments:

The regional markets for superfoods include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Superfoods Market by Region

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Growing Consumption of Nutritionally-Rich Foods to Drive the Superfoods Market

The rising disposable incomes, along with the changing lifestyles, have led to a heightened demand for superfoods. The rising obesity rates globally have led to the increasing adoption of food options that are rich in essential minerals and other nutrients, without containing a significant calorie count. This has further supported the growth of the superfoods market. The convenience of consumption of most superfoods like chia seeds, combined with busier lifestyles, has also contributed to the growth of the industry.
 
The fruits and vegetables segments of the superfoods market is witnessing a healthy demand, especially propelled by the rising population of people following a vegan diet. The emergence of diet trends like the paleo-diets or diets which rely on raw food are also propelling the growth of these segments. The rising consumption of smoothies, especially with the rise of juice diets, is also leading to the growth of the fruits and vegetables, which are termed as superfoods. With major beverage companies introducing natural and healthy juices or juice-blends, these segments are expected to witness a further growth in the coming years.

 

Key Industry Players in the Global Superfoods Market

The report gives a detailed analysis of the following key players in the global superfoods market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Sunfood Corporation
  • Suncore Foods Inc.
  • ADUNA Ltd.
  • Superlife Co. Pte Ltd
  • Archer Daniels Midland Company
  • OMG! Organic Meets Good
  • Del Monte Foods, Inc
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Superfoods Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Superfoods Historical Market (2016-2020) 
    8.3    Global Superfoods Market Forecast (2021-2026)
    8.4    Global Superfoods Market by Type
        8.4.1    Fruits
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Vegetables
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Dairy
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Grains and Seeds
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Herbs and Roots
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Meat, Fish, and Poultry
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2016-2020)
            8.4.6.3    Forecast Trend (2021-2026)
        8.4.7    Others
    8.5    Global Superfoods Market by Distributional Channel
        8.5.1    Supermarkets/Hypermarkets
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Convenience Stores
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Traditional Grocery Stores
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Online Channels
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Others
    8.6    Global Superfoods Market by Application
        8.6.1    Snacks and Savoury
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Beverages
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Bakery and Confectionery 
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Others
    8.7    Global Superfoods Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape
    12.1    Market Structure
    12.2    Key Players
    12.3    Company Profiles
        12.3.1    Sunfood Corporation
            12.3.1.1    Company Overview
            12.3.1.2    Product Portfolio
            12.3.1.3    Demographic Reach and Achievements
            12.3.1.4    Certifications
        12.3.2    Suncore Foods Inc.
            12.3.2.1    Company Overview
            12.3.2.2    Product Portfolio
            12.3.2.3    Demographic Reach and Achievements
            12.3.2.4    Certifications
        12.3.3    ADUNA Ltd.
            12.3.3.1    Company Overview
            12.3.3.2    Product Portfolio
            12.3.3.3    Demographic Reach and Achievements
            12.3.3.4    Certifications
        12.3.4    Superlife Co. Pte Ltd
            12.3.4.1    Company Overview
            12.3.4.2    Product Portfolio
            12.3.4.3    Demographic Reach and Achievements
            12.3.4.4    Certifications
        12.3.5    Archer Daniels Midland Company
            12.3.5.1    Company Overview
            12.3.5.2    Product Portfolio
            12.3.5.3    Demographic Reach and Achievements
            12.3.5.4    Certifications
        12.3.6    OMG! Organic Meets Good
            12.3.6.1    Company Overview
            12.3.6.2    Product Portfolio
            12.3.6.3    Demographic Reach and Achievements
            12.3.6.4    Certifications
        12.3.7    Del Monte Foods, Inc
            12.3.7.1    Company Overview
            12.3.7.2    Product Portfolio
            12.3.7.3    Demographic Reach and Achievements
            12.3.7.4    Certifications
        12.3.8    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Superfoods Market: Key Industry Highlights, 2016 and 2026
2.    Global Superfoods Historical Market: Breakup by Type (USD Billion), 2016-2020
3.    Global Superfoods Market Forecast: Breakup by Type (USD Billion), 2021-2026
4.    Global Superfoods Historical Market: Breakup by Distributional Channel (USD Billion), 2016-2020
5.    Global Superfoods Market Forecast: Breakup by Distributional Channel (USD Billion), 2021-2026
6.    Global Superfoods Historical Market: Breakup by Application (USD Billion), 2016-2020
7.    Global Superfoods Market Forecast: Breakup by Application (USD Billion), 2021-2026
8.    Global Superfoods Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Superfoods Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Superfoods Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Superfoods Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Superfoods Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Superfoods Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Superfoods Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Superfoods Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Superfoods Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Superfoods Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Superfoods Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Superfoods Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Global Superfoods Market Structure

Key Questions Answered in the Report

What is the growth rate of the global superfoods market?

The global superfoods market is projected to grow at a CAGR of 6.2% between 2021 and 2026.

What are the major industry drivers?

The major drivers of the industry, such as rising disposable incomes, changing lifestyles, growing consumption of healthy convenient foods, and rising adoption of vegan diets, are expected to aid the market growth.

What are the key industry trends of the global superfoods market?

The key market trend guiding the growth of the superfoods market includes the rising popularity of diets like paleo-diet and all juice cleanses.

What are the major regional markets of superfoods, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest market share.

What are the leading types of superfoods in the market?

The leading types of superfoods in the market are fruits, vegetables, dairy, grains and seeds, herbs and roots, and meat, fish, and poultry, among others.

What are the major distribution channels in the industry?

The major distribution channels in the industry are supermarkets/hypermarkets, convenience stores, traditional grocery stores, and online channels, among others.

What are the significant application segments in the industry?

The significant application segments in the industry are snacks and savoury, beverages, and bakery and confectionery, among others.

Who are the key industry players according to the report?

The major players in the industry are Sunfood Corporation, Suncore Foods Inc., ADUNA Ltd., Superlife Co. Pte Ltd, Archer Daniels Midland Company, OMG! Organic Meets Good, and Del Monte Foods, Inc, among others.

Analyst Review

The global superfoods market is being driven by rising health consciousness. Aided by the growing adoption of vegan diets, the market is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 6.2%.
 
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market is segmented into fruits, vegetables, dairy, grains and seeds, herbs and roots, and meat, fish, and poultry, among others. Based on distribution channel, the market is divided into supermarkets/hypermarkets, convenience stores, traditional grocery stores, and online channels, among others. On the basis of application, the industry is segmented into snacks and savoury, beverages, and bakery and confectionery, among others. The major regional markets for superfoods are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Sunfood Corporation, Suncore Foods Inc., ADUNA Ltd., Superlife Co. Pte Ltd, Archer Daniels Midland Company, OMG! Organic Meets Good, and Del Monte Foods, Inc, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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