Set to grow by USD 362.15 billion during 2021-2025, Technavio’s latest market research report estimates the health and wellness food market to witness a CAGR of 8.27%.
Factors such as increasing adoption of increasing adoption of healthy eating habits, rising importance of organic food, and increasing food sensitivities will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The health and wellness food market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Health and wellness food market 2021-2025
Some of the major vendors of the Health and Wellness Food Market in Packaged Foods & Meats Industry include Archer Daniels Midland Co., Danone SA, Dean Foods Co., General Mills Inc., GlaxoSmithKline Plc, Kellogg Co., Mondelez International Inc., Nestle SA, PepsiCo Inc., and Yakult Honsha Co. Ltd.. To help businesses improve their market position, Technavio’s report provides a detailed analysis of vendors operating in the market.
