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Heart Health Functional Food Market size is anticipated to grow at significant rate in forecast period driven by increasing well-being consciousness among consumers.<br><br>Get more details @ https://goo.gl/WcXdJA
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Heart Health Functional Food Market Statistics, Trends, Forecast Report, 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Heart Health Functional Food Market : • North America will account for a major share in global heart health functional food market as the number of patients suffering from cardiovascular disease increased substantially in last few years. According to WHO study, around half the population in the region will suffer from obesity by 2030. Increasing consumer inclination toward high quality nutrient supplement consumption in the region will drive the industry over forecast period. • Asia Pacific is expected to witness significant growth rate owing to booming edible oil industry. The region accounts for more than 40% share of global edible oil industry. Further, population growth and rising standard of living will fuel product penetration. Latin America will witness moderate growth in the forecast timeframe.
Application Analysis of Heart Health Functional Food Market : • On the basis of application, heart health functional food market is segmented into dairy, edible oil, breakfast cereal, nutritional bars. Dairy application segment will dominate the overall heart health functional food market. Growing demand of milk, yogurt, cheese and butter owing to rising population will support product market size. Shift in consumer preference for good quality edible oil will further drive the heart health functional products market. Consumer preference towards high nutrition meals to improve their fitness and immune system will boost product penetration over forecast period.
Competitive Market Share of Heart Health Functional Food Market : • Major players of heart health functional food market are Raisio, Kellogg’s, Kraft, Marico, Kalbe Farma, Bagrry, Nestle, Associated British Foods, ConAgra and PepsiCo to name a few. Companies are increasing their product offerings to enhance their share. For instance, Kellogg’s is planning to launch 50 new breakfast and snack products to meet increasing demand of products from consumers.
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