ID: MRFR/F-B & N/8042-HCR | February 2021 | Region: Global | 90 pages
Global Immunity-Boosting Food Products Market size in 2018 was valued at USD 15.4 Billion in 2018 and is projected to grow at a CAGR of 7.6% from 2019 to 2025. The demand for immunity boosting food products is increasing owing to the increasing number of health issues. The rising consciousness regarding health and wellness among individuals has been one of the significant factors behind the growth of the immunity boosting food products market. Lack of proper and timely diet, stress, smoking, and other unhealthy lifestyle-related choices weaken the body’s immune system. Intake of adequate amounts of health and immune-boosting food products results in increasing the metabolism rate of the body.
Additionally, an increasing number of chronic diseases worldwide has been driving the immunity food products market. Global pandemics such as H1N1, COVID-19, and Cholera has been instrumental in creating awareness of a healthy food lifestyle. This is anticipated to drive the global immunity boosting food products market. Furthermore, the growing aging population across the globe is expected to boost the overall immunity boosting food products market. With increasing age, immunity in a human body tends to decrease, which results in the increasing number of chronic diseases. According to data published by the United Nations, the older population (aged 65 & above) in 2019 is 9% out of the total population. This is anticipated to reach up to 16% by 2050. The number of individuals aged above 80 years is projected to triple from 143 million in 2019 to 426 million by 2050. Therefore, with a growing old aged population, the demand for immunity boosting food products is anticipated to increase in the next few years.
The Global Immunity Boosting Food Products Market has witnessed an exponential growth rate in the last few years. Rising awareness regarding health and wellness among individuals is the primary reason behind the growth of the immunity boosting products market. Lack of proper sleep and diet and unhealthy lifestyles have resulted in weakened immune systems. This has resulted in an increasing awareness of immune-boosting food products worldwide. Additionally, the advent of global endemics and pandemics such as H1N1 and COVID-19 has also helped in boosting the demand for immunity boosting food products worldwide. Amidst the outbreak of the global epidemic, COVID-19, in December 2019, many health food manufacturers have witnessed a surge in demand for products related to immunity boosting and respiratory health. For instance, Angel Yeast, a Chinese based food firm, witnessed a sharp increase in demand for lactoferrin, glucan, and selenium-enriched yeast.
Rising awareness of health and wellness for boosting immunity
By Product Type
By Distribution Channel