Authored By: Sarah
15 Jul 2024

 Superfoods Market Size to grow by USD 79.5 billion between 2024-2028

According to a research report “ Superfoods Market” by Product (Superfruits, Superseeds and supergrains, Edible seaweed, Others) Distribution Channel (Offline, Online) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 79.5 billion, at a CAGR of  7.71% during the forecast period. The export market for superfoods, including avocado, blueberries, and cranberries, has experienced significant growth since 2012. Key exporters of avocado include Mexico, the Netherlands, and Peru. The increasing utilization of superfoods, such as avocado, berries, and baobab seeds and fruits, as components in value-added products, including superfood powders and packaged snacks, is projected to be the primary catalyst for superfood exports during the forecast period. Additionally, the launch of new value-added superfood products is accelerating at an impressive rate, fueling demand for superfood ingredients. For instance, Archer Daniels Midland Co. (ADM) introduced Arcon T textured pea proteins, Prolite MeatTEX textured wheat protein, and Prolite MeatXT non-textured wheat protein in September 2020.

Browse market data tables, figures, and in-depth TOC on “Superfoods Market” by Product (Superfruits, Superseeds and supergrains, Edible seaweed, Others) Distribution Channel (Offline, Online) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Product, the Superfruits segment is projected to dominate the market size in 2024

The superfoods market represents a significant growth opportunity for businesses, driven by increasing consumer awareness and demand for nutrient-dense, health-promoting foods. Key players include chia seeds, quinoa, kale, and acai berries, which offer high levels of essential nutrients, antioxidants, and fiber. Market expansion is fueled by consumer trends toward plant-based diets and functional foods, making it a lucrative sector for innovative product development and strategic partnerships.

By Distribution Channel, Offline  segment is expected to hold the largest market size for the year 2024

The superfoods market represents a significant growth opportunity for businesses, as consumers increasingly prioritize health and wellness. Superfoods, such as chia seeds, quinoa, and kale, offer high nutritional value and unique health benefits. Market research indicates a compound annual growth rate of 11.9% from 2020 to 2025. Businesses can capitalize on this trend by introducing innovative superfood products and catering to evolving consumer preferences.

North America is forecasted to hold the largest market size by region in 2024

The superfoods market represents a significant growth opportunity for businesses due to increasing consumer awareness and demand for nutrient-dense, health-promoting foods. Key players in this sector include blueberries, acai berries, goji berries, chia seeds, quinoa, and kale. Market size is projected to expand at a robust CAGR, driven by rising health consciousness and disposable income. Companies must focus on innovation, sustainability, and transparency to capture market share.

The Superfoods Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Archer Daniels Midland Co.
  • Barleans Organic Oils LLC
  • Cornish Seaweed Co. Ltd.
  • Creative Nature Ltd.
  • General Mills Inc.
  • Healthy Truth
  • ITC Ltd.
  • Navitas LLC
  • Nirvaanic Life Foods Pvt. Ltd.
  • Nua Naturals
  • Nutiva Inc.
  • NutriAsia Inc.
  • Nutrisure Ltd.
  • Ocean Spray Cranberries Inc.
  • OMG Food Company LLC
  • Power Super Foods
  • Rhythm Superfoods LLC
  • Suncore Foods Inc.
  • Sunfood
  • Superlife Co. Pte. Ltd.
.

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Research Analysis Overview

The global obesity rates have been on the rise, fueled by evolving lifestyles that prioritize convenience over nutrition. However, there is a growing awareness of the importance of a balanced diet rich in essential nutrients. Enter the superfoods market, a burgeoning industry that caters to the health-conscious consumer base. Superfoods are nutrient-dense foods, packed with vitamins, minerals, antioxidants, polyphenols, and phytonutrients. These powerhouse foods come from both animal sources, such as fatty fish and eggs, and plant sources, including vegetables, fruits, seeds, and nuts. Vegetarians and vegans have long embraced plant-based superfoods like quinoa, a complete protein that is rich in fiber and essential amino acids. Nuts and seeds, such as chia seeds, flaxseeds, and almonds, are also popular choices for their high nutritional content. Meatatarians can also benefit from superfoods, such as salmon, which is rich in omega-3 fatty acids and vitamin D. However, a vegetarian or vegan diet can provide all the necessary nutrients through a variety of superfoods. Superfoods offer numerous health benefits, including reducing the risk of chronic diseases like Diabetes and Obesity. So, whether you're a vegetarian, vegan, or meatatarian, incorporating superfoods into your diet is a smart choice for optimal health.

Market Research Overview

The Superfoods Market is experiencing moderate growth due to the increasing awareness of a healthy lifestyle and the desire to address nutritional deficiencies. Companies like Naturya are leading the way with high-quality products such as fruit powders derived from optimally grown fruits. These fruits are sourced from developed regions using advanced technology, well-educated farmers, and ethical farming practices. The advantages of fruits, including immunity-boosting properties, natural sugars, and fiber, are driving demand for fiber-fortified products like Chia Pudding and fruit cups. The beverage sector, including juice cocktails, smoothies, and acai smoothies, is a significant part of the market. Consumers are turning to real fruit juice and avoiding added sugars and artificial sweeteners. The evolving lifestyles, busier schedules, and increasing disposable incomes are contributing to the growth of online grocery shopping and the availability of superfoods in health food stores, specialty stores, convenience stores, hypermarkets, and supermarkets. Superfoods are not just limited to fruits but also include seeds, nuts, grains, vegetables, and even quinoa puffs and kale chips. Superfoods offer numerous health benefits, including improved digestion, heart health, immune system support, and antioxidant properties. Food manufacturers are responding to this trend by producing functional foods, superfood-infused snacks, and supplements. The superfoods market is also addressing environmental concerns by using sustainably sourced ingredients and reducing carbon footprint and resource consumption. Consumers are increasingly conscious of their overall health and are adopting plant-based lifestyles, including the paleo diet, raw food diet, and vegetarianism or veganism. The market is expected to continue growing as consumers seek to optimize their health and well-being.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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