Global Health Food Market (Functional Foods, Functional Drinks & Dietary Supplements): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

Global Health Food Market (Functional Foods, Functional Drinks & Dietary Supplements): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

The global health food market is expected to reach US$557.6 billion in 2024, increasing at a CAGR of 7.15%, for the duration spanning 2020-2024. The factors such as increasing sales of organic food, rising consumption of vegetable oils, growth in geriatric population, rising problem of undernourishment, rapid urbanization and increasing consumers’ demand for transparency would drive the growth of the market. However, the market growth would be challenged by risk of allergies associated with vegetable sources, high cost of health food in low and middle income countries and stringent government regulations. A few notable trends may include upsurge in energy drink demand, growing adoption of meat alternative, growing consumers; focus on achieving health goals and high demand for on-the-go dietary supplement products.

The global health food market is highly concentrated with organic food products, due to the growing people's focus on the nutritional values of their food. In addition, increasing adoption of healthy eating habits among people is leading to the rising demand for functional food products such as grains, fruits, vegetables and nuts, which is eventually accelerating the growth of the global health food market.

The fastest regional market is the U.S., owing to the growth in health conscious population as well as growing people’s awareness about the health benefits of nutritional and balanced diet. Further, the sudden outbreak of COVID-19 is lead to the changes in consumer’ eating habits from unhealthy and processed food to nutritional food. Consumers are maximising their healthy diet in order to boost their immunity and reduce vulnerability to the fatal disease, which is providing a growth opportunity to the global health food market during the forecasted period.

Scope of the report:

The report provides a comprehensive analysis of the global health food market.
The major regional markets (The U.S., Western Europe, China, Other Asia, Japan, Latin America, East Europe & Russia and ROW) have been analyzed.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
The competitive landscape of the market, along with the company profiles of leading players (Nestlé, PepsiCo, Danone (Sofina), General Mills, Kellogg's, Dean Foods (DFA)) are also presented in detail.

Key Target Audience:

Health food Manufacturers
Food and Beverage Firms
End Users (Super market, groceries, consumers)
Investment Banks
Food and Beverage Consultants
Government Bodies & Regulating Authorities


1. Overview
1.1 Introduction
1.2 Benefits of Health Food
Table 1: Benefits of Health Food
1.3 Components of a Healthy Balanced diet
Table 2: Components of a Healthy Balanced diet
1.4 Types of Health Food
Table 3: Types of Health Food
1.5 Calorie Requirement of Different People
Table 4: Calorie Requirement of Different People Belong to Different Age Group
2. Impact of COVID-19
2.1 Rise in Sales of Probiotics
Table 5: Global Probiotics Market Forecast (2016-2022)
2.2 Growth in Demand for Vitamin Supplements
Table 6: The U.S. Vitamin Supplement Demand Volume (2020)
2.3 Antiviral Activity of Green Tea
2.4 Clean-Label Food Products and COVID-19
3. Global Market Analysis
3.1 Global Health Food Market by Value
Table 7: Global Health Food Market by Value (2015-2019)
3.2 Global Health Food Market Forecast by Value
Table 8: Global Health Food Market Forecast by Value (2020-2024)
3.3 Global Health Food Market by Product Type
Table 9: Global Health Food Market by Product Type (2019)
3.3.1 Global Functional Food Market by Value
Table 10: Global Functional Food Market by Value (2015-2019)
3.3.2 Global Functional Food Market Forecast by Value
Table 11: Global Functional Food Market Forecast by Value (2020-2024)
3.3.3 Global Dietary Supplements Market by Value
Table 12: Global Dietary Supplements Market by Value (2015-2019)
3.3.4 Global Dietary Supplements Market Forecast by Value
Table 13: Global Dietary Supplements Market Forecast by Value (2020-2024)
3.3.5 Global Functional Drinks Market by Value
Table 14: Global Functional Drinks Market by Value (2015-2019)
3.3.6 Global Functional Drinks Market Forecast by Value
Table 15: Global Functional Drinks Market Forecast by Value (2020-2024)
3.4 Global Health Food Market by Regions
Table 16: Global Health Food Market by Regions (2019)
4. Regional Market Analysis
4.1 The U.S.
4.1.1 The U.S. Health Food Market by Value
Table 17: The U.S. Health Food Market by Value (2015-2019)
4.1.2 The U.S. Health Food Market Forecast by Value
Table 18: The U.S. Health Food Market Forecast by Value (2020-2024)
4.2 Western Europe
4.2.1 Western Europe Health Food Market by Value
Table 19: Western Europe Health Food Market by Value (2015-2019)
4.2.2 Western Europe Health Food Market Forecast by Value
Table 20: Western Europe Health Food Market Forecast by Value (2020-2024)
4.3 China
4.3.1 China Health Food Market by Value
Table 21: China Health Food Market by Value (2015-2019)
4.3.2 China Health Food Market Forecast by Value
Table 22: China Health Food Market Forecast by Value (2020-2024)
4.3.3 China Health Food Market by Product Type
Table 23: China Health Food Market by Product Type (2019)
4.3.4 China Dietary Supplements Food Market by Value
Table 24: China Dietary Supplements Food Market by Value (2015-2019)
4.3.5 China Dietary Supplements Food Market Forecast by Value
Table 25: China Dietary Supplements Food Market Forecast by Value (2020-2024)
4.3.6 China Weight Management Food Market by Value
Table 26: China Weight Management Food Market by Value (2015-2019)
4.3.7 China Weight Management Food Market Forecast by Value
Table 27: China Weight Management Food Market Forecast by Value (2020-2024)
4.3.8 China Sports Nutrition Food Market by Value
Table 28: China Sports Nutrition Food Market by Value (2015-2019)
4.3.9 China Sports Nutrition Food Market Forecast by Value
Table 29: China Sports Nutrition Food Market Forecast by Value (2020-2024)
4.3.10 China Health Food Market by Distribution Channel
Table 30: China Health Food Market by Distribution Channel (2019)
4.3.11 China Direct Selling Health Food Market by Value
Table 31: China Direct Selling Health Food Market by Value (2015-2019)
4.3.12 China Direct Selling Health Food Market Forecast by Value Table 32: China Direct Selling Health Food Market Forecast by Value (2020-2024)
4.3.13 China Ecommerce Health Food Market by Value
Table 33: China Ecommerce Health Food Market by Value (2015-2019)
4.3.14 China Ecommerce Health Food Market Forecast by Value
Table 34: China Ecommerce Health Food Market Forecast by Value (2020-2024)
4.3.15 China Drug Store Health Food Market by Value
Table 35: China Drug Store Health Food Market by Value (2015-2019)
4.3.16 China Drug Store Health Food Market Forecast by Value
Table 35: China Drug Store Health Food Market by Value (2015-2019)
4.4 Other Asia
4.4.1 Other Asia Health Food Market by Value
Table 36: China Drug Store Health Food Market Forecast by Value (2020-2024)
4.4.2 Other Asia Health Food Market Forecast by Value
Table 37: Other Asia Health Food Market by Value (2015-2019)
4.5 Japan
4.5.1 Japan Health Food Market by Value
Table 38: Other Asia Health Food Market Forecast by Value (2020-2024)
4.5.2 Japan Health Food Market Forecast by Value
Table 39: Japan Health Food Market by Value (2015-2019)
4.6 Latin America
4.6.1 Latin America Health Food Market by Value
Table 41: Latin America Health Food Market by Value (2015-2019)
4.6.2 Latin America Health Food Market Forecast by Value
Table 42: Latin America Health Food Market Forecast by Value (2020-2024)
4.7 Eastern Europe & Russia
4.7.1 Eastern Europe & Russia Health Food Market by Value
Table 43: Eastern Europe & Russia Health Food Market by Value (2015-2019)
4.7.2 Eastern Europe & Russia Health Food Market Forecast by Value
Table 44: Eastern Europe & Russia Health Food Market Forecast by Value (2020-2024)
4.8 ROW
4.8.1 ROW Health Food Market by Value
Table 45: ROW Health Food Market by Value (2015-2019)
4.8.2 ROW Health Food Market Forecast by Value
Table 46: ROW Health Food Market Forecast by Value (2020-2024)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing Sales of Organic Foods
Table 47: Global Organic Foods Market (2015-2019)
5.1.2 Rising Consumption of Vegetables Oil
Table 48: Global Vegetables Oil Consumption by Oil Type (2019/20)
5.1.3 Growth in Geriatric Population
Table 49: Global Geriatric Population – Age 65 and Above (2015-2019)
5.1.4 Rising Problem of Undernourishment
Table 50: Share of Undernourished People by Major Regions (2019)
5.1.5 Rapid Urbanization
Table 51: Global Urban Population (2015-2019)
5.1.6 Increasing Consumer Demand For Transparency
5.2 Key Trends and Developments
5.2.1 Upsurge in Energy Drinks Demand
Table 52: The US. Energy Drinks Sales (2015-2019)
5.2.2 Growing Adoption of Meat Alternatives
Table 53: Global Plant-based Meat Market Value Forecast (2019-2024)
5.2.3 Growing Consumers’ Focus on Achieving Health Goals
5.2.4 High Demand for On-the-go Dietary Supplement Products
5.3 Challenges
5.3.1 Risk of Allergies Associated With Vegetable Sources
5.3.2 High Cost of Health Food in Low and Middle Income Countries
5.3.3 Stringent Government Regulations
6. Competitive Landscape
6.1 Global Market
6.1.1 Key Players – Revenue Comparison
Table 54: Key Players – Revenue Comparison (2019/2020)
6.1.2 Key Players – Market Capitalization Comparison
Table 55: Key Players – Market Capitalization Comparison (2020)
7. Company Profiles
7.1 Nestlé
7.1.1 Business Overview
7.1.2 Financial Overview
Table 56: Nestlé Sales and Net Profit (2015-2019)
Table 57: Nestlé Sales by Segments (2019)
Table 58: Nestlé Sales by Regions (2019)
7.1.3 Business Strategies
7.2 PepsiCo
7.2.1 Business Overview
7.2.2 Financial Overview
Table 59: PepsiCo Net Revenue and Net Income (2015-2019)
Table 60: PepsiCo Net Revenue by Segment (2019)
Table 61: PepsiCo Net Revenue by Regions (2019)
7.2.3 Business Strategies
7.3 Danone (Sofina)
7.3.1 Business Overview
7.3.2 Financial Overview
Table 62: Danone Total Revenue and Net Income (2015-2019)
Table 63: Danone Total Revenue by Segments (2019)
Table 64: Danone Total Revenue by Regions (2019)
7.3.3 Business Strategies
7.4 General Mills
7.4.1 Business Overview
7.4.2 Financial Overview
Table 65: General Mills Net Sales and Net Earnings (2016-2020)
Table 65: General Mills Net Sales Revenue by Segments (2020)
Table 67: General Mills Net Sales by Regions (2020)
7.4.3 Business Strategies
7.5 Kellogg's
7.5.1 Business Overview
7.5.2 Financial Overview
Table 68: Kellogg's Net Sales and Net Income (2015-2019)
Table 69: Kellogg's Net Sales by Regions (2019)
7.5.3 Business Strategies
7.6 Dean Foods (DFA)
7.6.1 Business Overview
7.6.2 Financial Overview
Table 70: Dean Foods Total Revenue and Net Income (2015-2019)
7.6.3 Business Strategies

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