Europe Immunity Boosting Packaged Foods Market to Witness Substantial Growth until 2025
Outbreak of COVID-19 and
rising consciousness among consumers towards health to drive Europe immunity
boosting packaged foods market
According
to TechSci Research report, “Europe
Immunity Boosting Packaged Foods Market By Product Category (Food, Beverages
& Supplements), By Distribution Channel (Offline (Supermarkets &
Hypermarkets, Specialty Stores, Convenience Stores, Others), Online), By Country,
Forecast & Opportunities, 2025”,
the market is expected to undergo rapid growth during
the forecast period owing to the outbreak of novel coronavirus, which has
created the need for foods, which boost the immune system of the body. Additionally,
growing consciousness among people towards healthy living and better eating is
acting as a major growth driver for this market. Furthermore, availability of a
large number of immunity boosting packaged food products and increasing
willingness among consumers to spend on these food products are some other key growth
drivers for the market. Moreover, expansion of distribution channels by major immunity
boosting packaged food manufacturers is also expected to augment the market as this
measure is expected to increase accessibility to such food items. Apart from
that, increasing geriatric population, which is more prone to chronic diseases,
is also acting as a major growth driver for immunity boosting packaged foods
market. Moreover, soaring healthcare costs throughout Europe is further anticipated
to drive the market growth over the coming years.
However, Europe immunity boosting packaged foods
market is also facing some challenges. Stringent European Union regulations
regarding the manufacturing of immunity boosting packaged foods might act as major
restraining factor for the market growth. Additionally, high price of raw
materials might further limit the growth of the market across Europe.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on"Europe Immunity
Boosting Packaged Foods Market"
https://www.techsciresearch.com/report/europe-immunity-boosting-packaged-foods-market/4872.html
The Europe
immunity boosting packaged foods market is segmented based on product category,
distribution channel and region. Based on product category, the market is
categorized into food, beverages and supplements. The food segment is further
divided into seeds, dry fruits, instant food, and others. The beverages segment
is divided into juice, tea, coffee, probiotic shots and others. Similarly,
supplements segment is categorized into powder and capsules. Among them, the
supplements segment is expected to undergo fastest growth in Europe in the
coming years owing to the growing awareness about weight management, healthy
eating and role of pharmacists in recommending the desired dosage of
supplements for a healthier life.
Based
on distribution channel, the Europe immunity boosting packaged foods market is
segmented into offline and online channels. The offline segment is further
categorized into supermarkets & hypermarkets, specialty stores, convenience
stores and others. Among these, the offline segment dominated the European
market in 2019 owing to the high availability of immunity boosting foods in
supermarkets/hypermarkets and specialty stores. However, the online segment is anticipated
to undergo fastest growth rate during the forecast period owing to the increasing
preference of people to shop online as it gives them a time saving shopping
experience. Also, various manufacturers are adopting e-commerce platforms for
sale of their immunity boosting packaged food products, which is a major growth
driver for online segment.
Major players operating in the Europe immunity
boosting packaged foods market include Associated British Foods Plc , Danone SA
, Nestle S.A. , GlaxoSmithKline UK Ltd., The Boots Company PLC., Otsuka
Holdings Co. Ltd., Amway Corp, Archer Daniels Midland Company, Suntory Holdings
Ltd. and Herbalife Nutrition Ltd. The companies are focusing on launching new
products with higher therapeutic benefits to enhance their product portfolio.
Some leading companies are also engaging in mergers and partnerships to
increase their market share in Europe.
Download
Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4872
Customers
can also request for 10% free customization on this report.
“The
importance and need for preventive healthcare practices are encouraging
consumers to buy immunity boosting packaged foods in Europe. As the world
fights with deadly coronavirus and doctors are recommending immunity boosting
food to prevent the spread of this disease, thereby fueling the demand for such
food products. Moreover, with growing demand for immunity boosting packaged
foods, more manufacturers are entering the market, which is expected to create
new growth opportunities for the market growth,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based Europe management
consulting firm.
“Europe Immunity Boosting Packaged Foods Market By Product
Type (Herbs & Spices, Nuts & Seeds, Fruits & Vegetables,
Dairy-Based Products, Probiotics & Prebiotics, Others), By Distribution
Channel (Offline (Supermarkets & Hypermarkets, Specialty Stores,
Convenience Stores, Others), Online), By Country, Forecast & Opportunities,
2025” has evaluated the future growth potential of Europe immunity
boosting packaged foods market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in Europe immunity
boosting packaged foods market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]