NEW YORK, April 7, 2023 /PRNewswire/ -- The superfood powders market in UK is set to grow by USD 5,666.37 million between 2022 and 2027, progressing at a CAGR of 7.39% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. For more insights on CAGR and YOY growth rate, Download a Sample Report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Although the health benefits of superfood powders, strong distribution networks and omnichannel presence of superfood manufacturers, and new product launches will offer immense growth opportunities, the volatile prices of superfoods will pose a challenge for market vendors. In a bid to help players strengthen their market foothold, this superfood powders market report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
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Frequently Asked Questions:
- Based on segmentation by Distribution Channel, which is the leading segment in the market?
The offline distribution channel segment will be leading the market growth.
- What are the major trends in the market?
Innovative packaging adopted by vendors is identified as the key trend in the market.
- At what rate is the market projected to grow?
The market is projected to grow at a CAGR of 7.39% during the forecast period.
- Who are the top players in the market?
Aduna, Barleans Organic Oils LLC, Creative Nature Ltd., Dream Magic Superfood Powders, Euro Taste GMBH, Hion Ltd., Indigo Herbs Ltd., Marvellous Superfood, Miracle Leaf Wellness Ltd., MySuperFoods Ltd., Natures Aid Ltd., Navi Organics Ltd., NutriSuperFoods, Nutrisure Ltd., Nuzest Life Pty Ltd., PharmaCare Europe Ltd., Rheal Superfoods Ltd., Sunfood, Unilever PLC, and Vegatox are the major market participants.
- What are the key market drivers and challenges?
The market is driven by the health benefits of superfood powders. However, the volatile prices of superfoods will challenge the growth of the market.
Superfood Powders Market in UK 2023-2027: Segmentation
- Distribution Channel
- Offline
- Online
The offline distribution channel will account for significant growth in the market. Rapid urbanization and the consequent changes in lifestyles have increased consumer preference for retail formats such as convenience stores. In addition, the demand for on-the-go products, the thriving retail industry, and the establishment of numerous retail outlets are driving the growth of the segment.
- Product
- Organic
- Conventional
The market will witness high demand for organic superfood powders during the forecast period. The segment is driven by the health benefits offered by different kinds of organic superfood powders. The increasing awareness about the benefits of healthy and organic diets will further drive the growth of the segment during the forecast period.
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report
Superfood Powders Market in UK 2023-2027: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The report on the superfood powders market in report covers the following areas:
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Superfood Powders Market in UK 2023-2027: Vendor Analysis
The superfood powders market in UK is fragmented. The market includes vendors of different sizes. Some of them are more specialized with respect to commodities, while others have larger financial resources. The market is subjected to the rapidly changing demands and preferences of consumers. The performance of vendors can be affected by changing customer tastes; regional, national, and local economic conditions; and demographic trends. The vendors compete based on factors such as price, quality, innovation, reputation, and distribution. The increasing competition among vendors may compel them to reduce their product prices, which could negatively affect their profit margins and overall market growth. Some of the key vendors covered in the report include:
- Dream Magic Superfood Powders - The company offers superfood powders such as The Green Blend, The Red Blend, and The Black Blend.
- Euro Taste GMBH - The company offers different types of superfood powders, including spirulina powder, goji berries, apricot kernels, and others.
- Indigo Herbs Ltd. - The company offers superfood powders such as Kick Ass Organic Vegan Protein Mix, Organic Vegan Protein Powder, and Super Mushroom Nutri-Complex.
- Marvellous Superfood - The company offers superfood powders such as Super Protein Organic Vegan Protein Powder.
- Hion Ltd.
- Miracle Leaf Wellness Ltd.
- MySuperFoods Ltd.
- Natures Aid Ltd.
- Navi Organics Ltd.
- NutriSuperFoods
- Nutrisure Ltd.
- Nuzest Life Pty Ltd.
- PharmaCare Europe Ltd.
- Rheal Superfoods Ltd.
- Sunfood
Superfood Powders Market in UK 2023-2027: Driver
The market is driven by the health benefits of superfood powders. Incorporating superfood powders into the regular diet offers various health benefits. Superfood powders made of acai berries are rich in vitamins, calcium, fiber, minerals, and antioxidants. They also have high antioxidant content, which helps prevent cell damage. Similarly, superfood powder made of maca enhances energy, stamina, and memory by preventing sudden fluctuations and crashes in blood sugar levels. It also maintains adrenal health, which controls mood and energy levels. Such health benefits are increasing the consumption of superfood powders in the UK, thereby driving market growth.
Superfood Powders Market in UK 2023-2027: Challenge
The volatile price of superfoods will challenge the growth of the market. The growing gap between the supply and demand of superfoods has increased the prices of raw materials. This forces food manufacturers to experiment with low-cost substitutes, which could deter consumers from opting for superfood powder-based products. In addition, natural calamities increase the disparity between the production and consumption of berries. This puts pressure on the suppliers in controlling the prices and continuous supply of raw materials. Such factors will negatively affect the growth of the market.
Superfood Powders Market in UK 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist superfood powders market growth in UK during the next five years
- Estimation of the superfood powders market size in UK and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the superfood powders market across the UK
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of superfood powders market vendors in UK
Related Reports:
- The superfoods market size is expected to increase by USD 125.34 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.82%. The market is segmented by product (superfruits, superseeds and super grains, edible seaweed, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
- The acai berry products market size is estimated to grow at a CAGR of 6.67% between 2022 and 2027. The acai berry products market size is forecasted to increase by USD 770.39 million. The market is segmented by application (food and beverages, nutraceuticals, and others), distribution channel (supermarkets, hypermarkets, convenience stores, and online), and geography (South America, North America, Europe, APAC, and Middle East and Africa).
Superfood Powders Market in UK: Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.39% |
Market growth 2023-2027 |
USD 5,666.37 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
7.26 |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Aduna, Barleans Organic Oils LLC, Creative Nature Ltd., Dream Magic Superfood Powders, Euro Taste GMBH, Hion Ltd., Indigo Herbs Ltd., Marvellous Superfood, Miracle Leaf Wellness Ltd., MySuperFoods Ltd., Natures Aid Ltd., Navi Organics Ltd., NutriSuperFoods, Nutrisure Ltd., Nuzest Life Pty Ltd., PharmaCare Europe Ltd., Rheal Superfoods Ltd., Sunfood, Unilever PLC, and Vegatox |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse through Technavio's Consumer Staples Market Reports
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 07: Parent market
- Exhibit 08: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 09: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 10: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 11: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 12: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 13: Chart on UK: Year-over-year growth 2022-2027 (%)
- Exhibit 14: Data Table on UK: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Superfood powders market in UK 2017 - 2021
- Exhibit 15: Historic Market Size – Data Table on Superfood powders market in UK 2017 - 2021 ($ million)
- 4.2 Distribution channel Segment Analysis 2017 - 2021
- Exhibit 16: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)
- 4.3 Product Segment Analysis 2017 - 2021
- Exhibit 17: Historic Market Size – Product Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Distribution Channel
- 6.1 Market segments
- Exhibit 25: Chart on Distribution Channel - Market share 2022-2027 (%)
- Exhibit 26: Data Table on Distribution Channel - Market share 2022-2027 (%)
- 6.2 Comparison by Distribution Channel
- Exhibit 27: Chart on Comparison by Distribution Channel
- Exhibit 28: Data Table on Comparison by Distribution Channel
- 6.3 Offline - Market size and forecast 2022-2027
- Exhibit 29: Chart on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 30: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
- Exhibit 31: Chart on Offline - Year-over-year growth 2022-2027 (%)
- Exhibit 32: Data Table on Offline - Year-over-year growth 2022-2027 (%)
- 6.4 Online - Market size and forecast 2022-2027
- Exhibit 33: Chart on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 34: Data Table on Online - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Chart on Online - Year-over-year growth 2022-2027 (%)
- Exhibit 36: Data Table on Online - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Distribution Channel
- Exhibit 37: Market opportunity by Distribution Channel ($ million)
- Exhibit 38: Data Table on Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by Product
- 7.1 Market segments
- Exhibit 39: Chart on Product - Market share 2022-2027 (%)
- Exhibit 40: Data Table on Product - Market share 2022-2027 (%)
- 7.2 Comparison by Product
- Exhibit 41: Chart on Comparison by Product
- Exhibit 42: Data Table on Comparison by Product
- 7.3 Organic - Market size and forecast 2022-2027
- Exhibit 43: Chart on Organic - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Data Table on Organic - Market size and forecast 2022-2027 ($ million)
- Exhibit 45: Chart on Organic - Year-over-year growth 2022-2027 (%)
- Exhibit 46: Data Table on Organic - Year-over-year growth 2022-2027 (%)
- 7.4 Conventional - Market size and forecast 2022-2027
- Exhibit 47: Chart on Conventional - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Conventional - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Conventional - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Conventional - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Product
- Exhibit 51: Market opportunity by Product ($ million)
- Exhibit 52: Data Table on Market opportunity by Product ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 54: Impact of drivers and challenges in 2022 and 2027
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 55: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 56: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 57: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 58: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 59: Matrix on vendor position and classification
- 11.3 Aduna
- Exhibit 60: Aduna - Overview
- Exhibit 61: Aduna - Product / Service
- Exhibit 62: Aduna - Key offerings
- 11.4 Barleans Organic Oils LLC
- Exhibit 63: Barleans Organic Oils LLC - Overview
- Exhibit 64: Barleans Organic Oils LLC - Product / Service
- Exhibit 65: Barleans Organic Oils LLC - Key offerings
- 11.5 Creative Nature Ltd.
- Exhibit 66: Creative Nature Ltd. - Overview
- Exhibit 67: Creative Nature Ltd. - Product / Service
- Exhibit 68: Creative Nature Ltd. - Key offerings
- 11.6 Dream Magic Superfood Powders
- Exhibit 69: Dream Magic Superfood Powders - Overview
- Exhibit 70: Dream Magic Superfood Powders - Product / Service
- Exhibit 71: Dream Magic Superfood Powders - Key offerings
- 11.7 Euro Taste GMBH
- Exhibit 72: Euro Taste GMBH - Overview
- Exhibit 73: Euro Taste GMBH - Product / Service
- Exhibit 74: Euro Taste GMBH - Key offerings
- 11.8 Indigo Herbs Ltd.
- Exhibit 75: Indigo Herbs Ltd. - Overview
- Exhibit 76: Indigo Herbs Ltd. - Product / Service
- Exhibit 77: Indigo Herbs Ltd. - Key offerings
- 11.9 Marvellous Superfood
- Exhibit 78: Marvellous Superfood - Overview
- Exhibit 79: Marvellous Superfood - Product / Service
- Exhibit 80: Marvellous Superfood - Key offerings
- 11.10 Miracle Leaf Wellness Ltd.
- Exhibit 81: Miracle Leaf Wellness Ltd. - Overview
- Exhibit 82: Miracle Leaf Wellness Ltd. - Product / Service
- Exhibit 83: Miracle Leaf Wellness Ltd. - Key offerings
- 11.11 MySuperFoods Ltd.
- Exhibit 84: MySuperFoods Ltd. - Overview
- Exhibit 85: MySuperFoods Ltd. - Product / Service
- Exhibit 86: MySuperFoods Ltd. - Key offerings
- 11.12 Natures Aid Ltd.
- Exhibit 87: Natures Aid Ltd. - Overview
- Exhibit 88: Natures Aid Ltd. - Product / Service
- Exhibit 89: Natures Aid Ltd. - Key offerings
- 11.13 Navi Organics Ltd.
- Exhibit 90: Navi Organics Ltd. - Overview
- Exhibit 91: Navi Organics Ltd. - Product / Service
- Exhibit 92: Navi Organics Ltd. - Key offerings
- 11.14 NutriSuperFoods
- Exhibit 93: NutriSuperFoods - Overview
- Exhibit 94: NutriSuperFoods - Product / Service
- Exhibit 95: NutriSuperFoods - Key offerings
- 11.15 Nutrisure Ltd.
- Exhibit 96: Nutrisure Ltd. - Overview
- Exhibit 97: Nutrisure Ltd. - Product / Service
- Exhibit 98: Nutrisure Ltd. - Key offerings
- 11.16 Nuzest Life Pty Ltd.
- Exhibit 99: Nuzest Life Pty Ltd. - Overview
- Exhibit 100: Nuzest Life Pty Ltd. - Product / Service
- Exhibit 101: Nuzest Life Pty Ltd. - Key offerings
- 11.17 Unilever PLC
- Exhibit 102: Unilever PLC - Overview
- Exhibit 103: Unilever PLC - Business segments
- Exhibit 104: Unilever PLC - Key news
- Exhibit 105: Unilever PLC - Key offerings
- Exhibit 106: Unilever PLC - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 107: Inclusions checklist
- Exhibit 108: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 109: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 110: Research methodology
- Exhibit 111: Validation techniques employed for market sizing
- Exhibit 112: Information sources
- 12.5 List of abbreviations
- Exhibit 113: List of abbreviations
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