United Kingdom Superfood Powders Market Size, Share, and COVID-19 Impact Analysis, By Product (Organic and Conventional), By Distribution Channel (Offline and Online), and United Kingdom Superfood Powders Market Insights, Industry Trend, Forecasts to 2033
Industry: Consumer GoodsUnited Kingdom Superfood Powders Market Insights Forecasts to 2033
- The United Kingdom Superfood Powders Market Size was valued at USD 6.01 Billion in 2023.
- The Market Size is Growing at a CAGR of 7.26% from 2023 to 2033
- The U.K. Superfood Powders Market Size is Expected to reach USD 12.11 Billion by 2033
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The United Kingdom Superfood Powders Market is anticipated to exceed USD 12.11 billion by 2033, growing at a CAGR of 7.26% from 2023 to 2033. The growing awareness about the health benefits of superfood powders, strong distribution networks, innovative packaging and product launches are driving the growth of the superfood powders market in the United Kingdom.
Market Overview
Superfood powders are derived from nutrient-rich superfoods with several benefits for supporting overall health and immunity. These are prepared by drying and grinding superfoods like vegetables and fruits that are nutrients and antioxidants. They are consumed regularly with food and beverages. The growing cases of health issues owing to the changing lifestyle habits, especially in the urbanized regions are propelling people to increase their intake of healthy and nutrition-rich food items including superfoods. The changing consumer inclination towards the intake of chemical-free food items surges the demand for organic superfoods which have extra rich content of nutrients than conventional ones. Further, the merging trend of healthy diet on social media platforms and the availability of a diverse range of superfood products are positively affecting the sales of superfood powder products. The research and development for innovation in superfoods and superfood powder products supporting infant nutrition and offering breast milk alternatives are leveraging market opportunities for superfood powders.
Report Coverage
This research report categorizes the market for the UK superfood powders market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Superfood Powders market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the superfood powders market.
United Kingdom Superfood Powders Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023 : | USD 6.01 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 7.26% |
2033 Value Projection: | USD 12.11 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 209 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product, By Distribution Channel |
Companies covered:: | Euro Taste GMBH, Indigo Herbs Ltd, NutriSuperFoods, Nutrisure Ltd., Nuzest Life Pty Ltd., Dream Magic Superfood Powders, Marvellous Superfood, Miracle Leaf Wellness Ltd., PharmaCare Europe Ltd., Rheal Superfoods Ltd., Sunfood, and Others Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The increasing shift in consumer preference towards healthy diet consumption is driving the market demand for superfood powders. Further, the increasing trend of vegetarian and vegan foods is propelling the market growth. Further, innovative packaging, new product development, improved taste, versatility, and effective marketing and packaging support are promoting the UK superfood powders market.
Restraining Factors
The growing disparity between the supply and demand for superfoods has resulted in a sharp increase in the cost of raw materials, forcing producers to look for less expensive alternatives. This could discourage customers from selecting products containing superfood powder. Thus, the volatile price of superfoods is restraining the market growth.
Market Segmentation
The United Kingdom Superfood Powders Market share is classified into product and distribution channel.
- The organic superfood powders segment is expected to hold a significant market share during the forecast period.
The United Kingdom superfood powders market is segmented by product into organic and conventional. Among these, the organic superfood powders segment is expected to hold a significant market share during the forecast period. The organically derived superfood powders are free from toxins, and pesticides, as well as no artificial sweeteners or flavors are added. The growing consumer awareness of health and wellness has led to an increasing demand for highly nutritious and chemical-free food options.
- The offline segment accounted for the largest share of the United Kingdom superfood powders market during the forecast period.
Based on the distribution channel, the United Kingdom superfood powders market is divided into offline and online. Among these, the offline segment accounted for the largest share of the United Kingdom superfood powders market during the forecast period. Offline stores like supermarkets and hypermarkets provide customers with a diverse selection of products as well as the convenience of finding everything under one roof. Further, improved shopping experience due to the store ambiance and shelf displays for attracting people with the growing urbanization are upsurging the market growth.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the UK superfood powders market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Euro Taste GMBH
- Indigo Herbs Ltd
- NutriSuperFoods
- Nutrisure Ltd.
- Nuzest Life Pty Ltd.
- Dream Magic Superfood Powders
- Marvellous Superfood
- Miracle Leaf Wellness Ltd.
- PharmaCare Europe Ltd.
- Rheal Superfoods Ltd.
- Sunfood
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Superfood Powders Market based on the below-mentioned segments:
United Kingdom Superfood Powders Market, By Product
- Organic
- Conventional
United Kingdom Superfood Powders Market, By Distribution Channel
- Offline
- Online
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