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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, the 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 alternatives, growing consumers; focus on achieving health goals and high demand for on-the-go dietary supplement products.
Global Health Food Market Insights & Forecasts 2020-2024 with Potential Impact of COVID-19 - ResearchAndMarkets.com
ResearchAndMarkets.com s offering.
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, the 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 alternatives, growing consumers; focus on achieving health goals and high demand for on-the-go dietary supplement products.
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Global Health Food Market (Functional Foods, Functional Drinks & Dietary Supplements) Outlook to 2024 - Clean-Label Food Products and COVID-19
ResearchAndMarkets.com s offering.
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, the 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 alternatives, growing consumers; focus on achieving health goals and high demand for on-the