According to the latest report by IMARC Group, titled “Immunity Boosting Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global immunity boosting products market grew at a CAGR of around 5% during 2014-2019 expected to exhibit moderate growth during the next five years.
Immunity boosting products refer to the various food products that possess immune-modulatory properties and offer specific and non-specific immune responses. Their consumption aids in boosting the immunity of individuals while minimizing nutritional deficiencies. Widely consisting of probiotics, prebiotics, dietary supplements and other food and beverage products, these consumables are a rich source of fibers, minerals, enzymes, vitamins, amino acids, and micro and macronutrients. They are an essential component of immunity care and preventive healthcare as their regular consumption assists the human body fight against numerous infections and viruses in an efficient manner.
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Global Immunity Boosting Products Market Trends:
In order to improve the metabolism rate of the body and prevent incidences of chronic lifestyle diseases, individuals are now preferring to consume immunity boosting products on a regular basis as a preventive measure, thereby providing a thrust to the market growth. Along with this, the increasing geriatric population and the high occurrence of chronic illnesses among them are also driving the growth of the market. The market is further driven by the rapid outbreak of global epidemics and pandemics across the globe in recent years. The current state pertaining to the ever-increasing number of patients suffering from coronavirus diseases (COVID-19) has led the majority of the unaffected population to consume immunity boosting foods in an attempt to protect their body from being infected by the virus. Numerous organizations are also undertaking initiatives to spread awareness regarding the importance of maintaining high immunity amidst the pandemic, which has been instrumental in contributing to the market growth.
Global Immunity Boosting Products Market 2020-2025 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Associated British Foods Plc, Danone S.A., Diamond Foods (Snyder’s-Lance Inc.), Dole Food Company, Fonterra group Cooperative Limited, Hines Nut Company, Nestle S.A., Olam International and Pinnacle Foods (Conagra Brands Inc.).
The report has segmented the market on the basis on region, type and distribution channel.
Breakup by Type:
- Supplements
- Beverages
- Food
- Nuts and Seeds
- Fruits and Vegetables
- Dairy-based Products
- Probiotics and Prebiotics
- Others
- Others
Breakup by Distribution Channel:
- Convenience Stores
- Medical Stores
- Supermarkets and Hypermarkets
- Online Stores
- Others
Market Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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