Assessment of the Global Heart Health Functional Food Market
The recent study on the Heart Health Functional Food market is a comprehensive analysis of the various parameters that are likely to influence the growth of the Heart Health Functional Food market. The historical and current market trends are taken into consideration while predicting the future prospects of the Heart Health Functional Food market. Further, the study introspects the major trends that are likely to impact the growth of the Heart Health Functional Food market during the forecast period, 20XX-20XX.
The investors, stakeholders, emerging and established players can leverage the data included in the report to develop impactful growth strategies and improve their position in the current Heart Health Functional Food market landscape. The report provides a thorough assessment of the micro and macro-economic factors that are expected to impact the growth of the Heart Health Functional Food market.
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The competitive assessment section provides insights related to the developments made by leading players in the Heart Health Functional Food market in terms of product development, mergers, collaborations, and more. The product portfolio of each company is evaluated along with its pricing structure and marketing strategies.
The regional assessment chapter of the report offers an in-depth understanding of the growth prospects of the Heart Health Functional Food market across different geographies such as:
The adoption pattern of the Heart Health Functional Food across various end-use industries is highlighted in the report and represented using informative graphs, figures, and tables. The different end-use industries studied in the report include:
Increasing life expectancy and rising health consciousness among the populace is prompting health care professionals, researchers, government, and functional food manufacturing companies to meet the changing demands of consumers efficiently. As a result, demand for heart health functional foods is expected to increase significantly in APAC over the forecast period owing to an increasing number of consumers opting for preventive measures rather than cures.
Various government healthcare bodies across the region are setting up and enforcing new laws regarding consumption of heart health products, especially omega3 fortified food. This is a factor encouraging manufacturers to introduce new products for specific target audiences. Growing health concerns have resulted in an increased demand for dietary supplement products over the last few years. Drug manufacturing companies have also shown keen interest in enhancing their market presence through new product development and are increasing production capacities of existing plants.
Over the last decade, revenue from the APAC heart health functional food market has increased exponentially, due to which manufacturers in emerging economies are focusing on exporting products to cater to the growing demand from developed economies. In addition, raw material manufacturers and end retailers can leverage the opportunity to earn higher profit margins in the APAC market.
Among all product type segments in the heart health functional food market, revenue from the dairy product segment is anticipated to lead with a CAGR of 7.7% (2016–2026). This segment is expected to remain dominant and anticipated to account for 31.8% value share over the forecast period. The edible oil segment is estimated to account for major value share in 2016, owing to continuous development and launch of edible oils with omega 3 and plant sterol, which is expected to fuel growth of this segment over the forecast period.
The supermarkets segment is expected to contribute comparatively high revenue among the distribution segments over the forecast period, and is estimated to account for around 35.8% value share of the overall APAC market by 2016 end. The hypermarkets segment is also expected to witness favorable revenue growth in the Asia Pacific heart health functional food market, registering a CAGR of 7.2% over the forecast period. This segment is projected to create incremental $ opportunity of US$ 128.9 Mn between 2016 and 2026.
Markets in China and Japan are expected to contribute significantly to the overall revenue growth of the APAC heart health functional food market. Increasing prevalence of chronic diseases, coupled with rising inclination of consumers towards preventive measures in the region are factors expected to fuel growth of the APAC heart health functional food market. Among countries in the region, Japan is estimated to account for majority in terms of revenue share at 28.7% in 2016, followed by China. Sales of breakfast cereals in China, Japan and India is estimated to collectively account for over 68% revenue share of the Asia Pacific heart health functional food market by 2016 end.
Key players in the Asia Pacific heart health functional food market covered in the report include Marico Ltd., Kellogg Company, Raisio Plc, Nestlé S.A., Kalbe Farma Tbk, Associated British Foods, Ruchi Soya Industries Ltd., Bagrry’s India Ltd., PepsiCo Inc., and ConAgra Foods, Inc.
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Valuable Market Insights Included in the Report
- Recent collaborations, mergers, acquisitions, and partnerships
- Revenue growth of the Heart Health Functional Food market over the assessment period
- Value chain analysis of prominent players in the Heart Health Functional Food market
- Regulatory framework across different regions impacting the Heart Health Functional Food market trajectory
- Recent technological advances and innovations influencing the Heart Health Functional Food market
The report addresses the following queries related to the Heart Health Functional Food market
- How have the production techniques evolved in recent years?
- How can the emerging players in the Heart Health Functional Food market establish their foothold in the current Heart Health Functional Food market landscape?
- The market in which region is expected to witness the highest growth during the forecast period?
- What is the projected value of the Heart Health Functional Food market in 2019?
- How can the emerging players in the Heart Health Functional Food market solidify their position in the Heart Health Functional Food market?
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This post was originally published on Food and Beverage Herald