The analysts forecast the global superfoods market to grow at a CAGR of 15.70% during the period 2018-2022.
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One trend in the market is new product launches.
The growing popularity of superfoods has resulted in an increase in the launch of new products that carry the superfood, supergrain, superfruit, and other similar labels.
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Manufacturers have been developing strategies to increase the market size and demand for these products. Widely popular superfoods are marketed as nutrient-packed eatables.
Major key players in the global superfoods market: Archer Daniels Midland, Creative Nature, Del Monte Pacific Group, and Nutiva.
According to the superfoods market report, one driver in the market is health benefits. Superfoods are nutritious items that are rich sources of polyphenols, anti-oxidants, vitamins, and minerals.
Each superfood product packs various nutrients with different health benefits associated with them. They offer consumers a substantially high amount of nutrients with the minimum intake of calories.
They play an instrumental role in prolonging the lifespan and minimizing the risk of chronic diseases while contributing to a healthier diet.
Further, the superfoods market report states that one challenge in the market is multiple product recalls. Most manufacturers purchase or source raw materials from third-party suppliers.
The improper handling of these raw materials or supplies can adversely affect the safety and quality of the finished products. Food safety compliance authorities in any country have the right to shut down a business and recall its products from the market if these products pose a threat to the well-being of consumers.
Key questions answered in this report:
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Few Points from List of Exhibits:
Exhibit 1: Parent Market
Exhibit 2: Global Packaged Food Market
Exhibit 3: Market Characteristics
Exhibit 4: Market Segments
Exhibit 5: Market Definition - Inclusions and Exclusions Checklist
Exhibit 6: Market Size 2017
Exhibit 7: Validation Techniques Employed For Market Sizing 2017
Exhibit 8: Global Superfoods Market 2017-2022 ($ Billions)
Exhibit 9: Global Year-Over-Year Growth 2018-2022 (%)
Exhibit 10: Five Forces Analysis 2017
Exhibit 11: Five Forces Analysis 2022
Exhibit 12: Bargaining Power of Buyers
Exhibit 13: Bargaining Power of Suppliers
Exhibit 14: Threat of New Entrants
Exhibit 15: Threat of Substitutes
Exhibit 16: Threat of Rivalry
Exhibit 17: Market Condition: Five Forces 2017
Exhibit 18: Global Superfoods Market Market Share 2017-2022 (%)
Exhibit 19: Comparison by Product
Exhibit 20: Global Superfruits Market 2017-2022 ($ Billions)
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