Understanding the Immunity Boosting Food Products Market’s Growth Prospects from 2024 to 2033
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2024-2033 Forecast: What is the Projected Growth Rate for the Immunity Boosting Food Products Market?
The market for food products that boost immunity has witnessed significant growth in the past few years. It is predicted to expand from $1049.66 billion in 2023 to $1132.5 billion in 2024, with a compound annual growth rate (CAGR) of 7.9%. Several factors have contributed to this growth during the historical period, including heightened awareness about health, worldwide pandemics, traditional medicinal practices, increasing scientific proof, and the aging population.
In the forthcoming years, the market for food products that boost immunity is anticipated to experience considerable growth, with an estimated worth of $1502.68 billion by 2028, and a compound annual growth rate (CAGR) of 7.3%. Factors contributing to this growth during the projected period include preferences for natural components, the expansion of e-commerce, conducive regulations, increasing health care costs, and a surge in demand for functional food and drink products. The imminent period will also witness several trends, such as personalized nutrition, advances in technology, clean-labelled products, convenience and portability, as well as innovation that transcends categories.
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What Are the Main Drivers Behind the Growth of the immunity boosting food products Market?
The growing consciousness regarding health and fitness for a more wholesome lifestyle is set to fuel the immunity-boosting food products market. For example, a report disseminated by Business of Apps, a B2B information resource situated in the UK, documented in January 2024 that the profit from fitness apps soared by $5.35 billion in 2021, marking a 54% advance from 2020, and the download count of fitness apps surged by 400 million in the same year. This has subsequently led to a surge in demand for immunity-enhancing products, thereby propelling the immunity-boosting food products market.
What Are the Primary Segments of the Immunity Boosting Food Products Market?
The immunity boosting food products market covered in this report is segmented –
1) By Product Type: Herbs & Spices, Nuts & Seeds, Fruits & Vegetables, Dairy-Based Products, Probiotics And Prebiotics, Other Product Types
2) By Form: Tablets, Capsules, Powder, Liquid, Other Forms
3) By Distribution Channel: Store-Based, Non-Store-Based
4) Imaging Systems: Video Processors, Light Sources, Camera Heads, Wireless Displays & Monitors, Other Components
Which Trends Are Revolutionizing the Immunity Boosting Food Products Market?
Products that enhance immunity are seeing a rise in usage as a tool to strengthen the body’s immune response to stress in contemporary life. For instance, The Good Crisp Company, a snack provider originated from the United States, introduced their immune-strengthening cheese balls in July 2021. These cheese balls, offered as a healthier alternative, are marketed as being more beneficial, made from non-GMO, gluten-free, and natural components. This appeals to consumers who want to transition to a healthier snack choice without compromising on flavour.
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Which Geographical Regions Are Pioneering Growth in the Immunity Boosting Food Products Market?
North America was the largest region in the immunity boosting food products market in 2023. Western Europe was the second largest region in the immunity boosting food products market. The regions covered in the immunity boosting food products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Immunity Boosting Food Products Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the immunity boosting food products market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Immunity Boosting Food Products Market Include
1. Immunity Boosting Food Products Market Executive Summary
2. Immunity Boosting Food Products Market Segments
3. Immunity Boosting Food Products Market Size And Template Market Growth Rate
4. Key Immunity Boosting Food Products Market Trends
5. Major Immunity Boosting Food Products Market Drivers
……
25. Key Mergers And Acquisitions In The Immunity Boosting Food Products Market
26. Top Immunity Boosting Food Products Companies
27. Immunity Boosting Food Products Market Opportunities And Strategies
28. Immunity Boosting Food Products Market, Conclusions And Recommendations
29. Appendix
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