Dublin, May 14, 2019 (GLOBE NEWSWIRE) -- The "Global Superfoods Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The superfoods market will register a CAGR of almost 17% by 2023.
The strong distribution network and omnichannel presence of superfood manufacturers are one of the key factors expected to trigger the market's growth in the forthcoming years.
Vendors are focusing on strengthening their distribution network with retailers and e-commerce partners for catering the rapidly increasing demand for superfoods globally. In addition, several vendors are also focusing on expanding their retail presence to the convenience stores and foodservice outlets. The vendors are also strengthening their partnership with e-commerce providers for selling more products online, this will propel the demand for superfoods during the forecast period.
Strong distribution network and omnichannel presence of superfood manufacturers
One of the growth drivers of the global superfoods market is the strong distribution network and omnichannel presence of superfood manufacturers. The growing emphasis on strengthening multiple channels of distribution network will unlock more opportunities for superfood manufacturers to expand their sales volume and, thereby, drive the demand for superfoods during the forecast period.
Frequent product recalls due to non-compliance
One of the challenges in the growth of the global superfoods market is the frequent product recalls due to non-compliance. The vendors operating in the market face a significant threat from frequent products owing to non-compliance of products with regulatory standards.
Competitive Landscape
The market appears to be fragmented with the presence of several vendors. Several small and local manufacturers of superfoods are increasingly investing in social media campaigns for product promotions and wider marketing outreach.
This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Archer Daniels Midland Company
- Del Monte Pacific Limited
- Healthy Truth
- Navitas Organics
- Sunfood
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Comparison by product
- Superfruits - Market size and forecast 2018-2023
- Superseeds & supergrains - Market size and forecast 2018-2023
- Edible seaweed - Market size and forecast 2018-2023
- Other superfoods - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Application of superfood ingredients in beauty and personal care products
- Growing prominence of digital influencers
- Increasing popularity of purple superfoods
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Archer Daniels Midland Company
- Del Monte Pacific Limited
- Healthy Truth
- Navitas Organics
- Sunfood
For more information about this report visit https://www.researchandmarkets.com/r/i8ioxt