Market revenue in 2021 | USD 612.2 million |
Market revenue in 2030 | USD 1,079.2 million |
Growth rate | 6.5% (CAGR from 2021 to 2030) |
Largest segment | Conventional |
Fastest growing segment | Organic |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Conventional, Organic |
Key market players worldwide | Sunfood.com, Glanbia PLC, Navitas Organics, Nestle SA, Nature's Brands, The Healing Co Inc, Terrasoul Superfoods, Suncore Foods, Country Farms, Naturya |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to superfood powders market will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 56.57% in 2021. Horizon Databook has segmented the Germany superfood powders market based on conventional, organic covering the revenue growth of each sub-segment from 2018 to 2030.
Consumers in the country have shown a growing inclination for superfood powders in recent years and have become quite popular among German retailers as well. A German Federal Institute for Risk Assessment (BfR) survey in December 2020 reveals that 48% of the population view superfoods as a part of a healthy diet, with only 8% linking healthy risks with their consumption.
Consumers’ perception of the healthiness of food is influenced by its type, the processing of raw materials, origin, production date, conservation method, packaging, and use of additives.
Furthermore, the consumption of superfoods, including powders, is often an expression of social distinction and is more prevalent among higher socioeconomic groups in the country, which is expected to increase in the coming years.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany superfood powders market , including forecasts for subscribers. This country databook contains high-level insights into Germany superfood powders market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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