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Technavio Research: Global Superfood Powders Market 2020-2024: Market Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio
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Technavio has announced its latest market research report titled Global Superfood Powders Market 2020-2024 (Graphic: Business Wire)
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The adoption of online distribution channels is one of the major factors propelling market growth. However, factors such as the fluctuating price of superfoods will hamper the market growth.
More details: https://www.technavio.com/report/superfood-powders-market-industry-analysis
Superfood Powders Market: Geographic Landscape
By geography, North America is going to have a lucrative growth during the forecast period. About 35% of the market s overall growth is expected to originate from North America. The US and Canada are the key markets for supe
Superfood Powders market’ Report @
Global Superfood Powders Market is valued approximately USD 4.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.4 % over the forecast period 2020-2027. Superfood powders are nutrition-rich items that provide specific health benefits, ranging from imploring the immune system and naturally detoxifying the body, to increasing energy levels and sexual health. These products are considered ideal for adding essential nutrients to food and drinks that are consumed on a daily basis-baked goods, yoghurt, smoothies, and lattes. The market is driven by Increased consumption of health-centric foods and beverages, significant shifts to plant-based and vegan diets. The key players of global Superfood Powders market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, In January 2020, Expert