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The primary factors responsible for the growth of the global superfood market include the growing health awareness, rapidly rising old age population, and increased demand for fruits. In terms of the superfood, the demand for fruits is growing rapidly.<br>Visit: https://www.gmiresearch.com/report/superfood-market/<br>
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Report Title Superfood Market – Global Opportunities & Forecast, 2020- 2027 GMI Research GMI Research See the Future Insights 1
The GMI Research report provides an overall outlook of the industry through a detailed market segmentation. The report offers thorough information related to the overview and scope of the market, including the market drivers, restraints and emerging trends in the industry. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study. Competitive Rivalry of the Superfood Market: The leading players in the superfood market include OMG! Organic Meets Good, Nature Superfoods LLP, Del Monte Pacific Group Ltd, Suncore Foods Inc., Sunfood LLC., Superlife Co. Pte Ltd., Barlean’s, ADUNA Ltd., The Green Labs LLC, and Raw Nutrition, among others. Drivers of the Superfood Market: The primary factors responsible for the growth of the global superfood market include the growing health awareness, rapidly rising old age population, and increased demand for fruits. In terms of the superfood, the demand for fruits is growing rapidly. It has been observed that despite the variations in prices, the demand for food is drastically increasing. Furthermore, owing urbanization, high disposable income, and shifting lifestyles of individuals will have a positive impact on the demand of the market. Consumers are more motivated toward convenient and healthy foods, thus saving their time and money. The individuals prefer to have fruit-based drinks and meals in a busy schedule as the fruit-based meals take less time to prepare. Thereby, the growing demand for food is propelling the growth of the market globally. The rising health awareness, along with the strong demand for organic food and beverages, will bolster the market growth in the upcoming years. The COVID-19 pandemic has led to an upsurge in demand for superfoods. While the lockdown has decreased the demand for durable goods and discretionary services, the demand for essential food items has taken the biggest hit. Several cities worldwide have reports of panic buying and food hoarding, which is the major factor for market demand. In 2
addition to this, owing to the unavailability of vaccines, the consumers are actively looking for a superfood to increase their immunity. The low cultivation of foods is further leading to an accelerated demand and prices of superfoods. On the other hand, the growth in population with low disposable income, particularly in the developing and underdeveloped countries, is a major factor hindering the market growth. Market Segmentation: The main objective of the study is to define market sizes of the different market segments & countries during the forecast period and analyze the values in the next six years. The detailed segments and sub-segments of the market are explained below: Breakup by Type: •Fruits •Vegetables •Grains & Cereals •Herbs & Roots •Others Breakup by Application: •Bakery & Confectionery •Snacks •Beverages •Others Breakup by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom 3
oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin 4
State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 5