PepsiCo, Danone, and Nestlé dominated the Global Health and Wellness Food Market in 2021

Global Health and Wellness Food Market are expected to grow with a CAGR of 9.3% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

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Global Health and Wellness Food Market is a highly consolidated market, including a specific number of key players. The market has witnessed increased strategic developments owing to a favorable market scenario.

The major players in the global health and wellness food market are introducing a strong range of product providers and adopting strategic initiatives such as partnership, acquisition, business expansion, awards, and recognition in the market. This helped companies to maximize sales with an enhanced product portfolio.

For instance:

  • In May 2021, PepsiCo launched Soulboost, a functional sparkling water beverage. The product has two varieties: Lift, which supports mental stamina, and Ease, which supports relaxation. The new product launch helped the brand expand in wellness products which will eventually help the company in gaining more revenue

PepsiCo is the dominating player in the global health and wellness food market. The other key players existing in the market are Danone, Clif Bar & Company, General Mills Inc., Kashi, The Quaker Oats Company, Mars, Incorporated, Abbott, Huel Inc., Green Valley Dairies, LIBERTÉ,  Yoplait USA, Inc., Chobani, LLC., Stonyfield Farm, Inc., SO DELICIOUS DAIRY FREE, Forager Project, Kite Hill, LAVVA, Enjoy Life, Barrel. Site by Barrel, The Simply Good Foods Company, Alter Eco, Lake Champlain Chocolates, Simply Good Foods USA, Inc., Maspex, Mondelēz International., Kellogg Co., Nestlé, Yakult Honsha Co., Ltd., GSK Group of Companies, among others.

PepsiCo

PepsiCo, founded in 1965, is headquartered in New York, U.S. The company's main focus is on manufacturing convenient foods and beverages and offers a wide range of enjoyable products under various brands. The company has a brand category in Brisk, Bubly, Maui Style, Bare, Muscle Milk, Red Rock Deli, Spitz, Cracker Jack, SunChips, Rold Gold, Health Warrior, Miss Vickies, Pasta Roni, Naked, Soulboost, unmuddled, Smartfood, Chesters, PopCorners, Starbucks, Mountain Dew, Cheetos, Neon Zebra, Stacy's, Doritos, Bolt24, Sierra Mist, Looza, Yachak, Pearl Milling Company, Lay's, Hilo Life, Gatorade, Tostitos, Gamesa, Life Wtr, Sobe, Pure Leaf, Ocean Spray, Grandma's, Tropicana, Manzanita Sol, Alvalle, Munchos, Sabritas, Santitas, Pepsi, Lipton, Matador, Matador, Baken-Ets, Cap'N Crunch, Propel, Tazo, Dole, Kevita, Off The Eaten Path, Simply, Near East, Munchies, Ruffles, Sabritones, NatuChips, Pipers Crisps and Soulboost, Pipers Crisps, Lipton, Gatorade, Naked, Tropicana are the market-focused segment. The company's product category is the market-focused segment, including Soulboost, Pipers Crisps, Lipton, Gatorade, Naked, and Tropicana.

For instance,

  • In May 2021, PepsiCo launched Soulboost, a functional sparkling water beverage. The product has two varieties: Lift, which supports mental stamina, and Ease, which supports relaxation. The new product launch helped the brand expand in wellness products which will eventually help the company in gaining more revenue

The company has a wide presence across North America, Latin America, Middle East, and Africa, Asia-Pacific, Europe. The subsidiaries are Frito-Lay (U.S.), The Gatorade Company (U.S.), SodaStream (U.K.), Sabritas (Mexico), Walkers (U.K.), Quaker Oats Company (U.S.), among others.

Danone

Danone, founded in 1919, has headquarters in Paris, France. The company's main focus is to give good quality food to consumers, which is the basis of a good life, and to contribute to a healthy life. The company has a business segment in Essential Dairy, and Plant-Based Products, Specialized Nutrition, Waters, and Essential Dairy and Plant-Based Products is the market-focused segment. The company offers market-focused product categories, including Oikos, Delight, Danonino, Silk, Alpro, Actimel, Activia, and Prostokvashino.

For instance,

  • In March 2022, Danone launched Activia+ Multi-Benefit Drinkable Yogurt, which supports the immune system. The new drink includes billions of active and live bacteria that support gut health and contains vitamin D, C, and zinc to maintain the immune system. The new product launch helped the company cater to the demand of health-conscious consumers and eventually helped the company in gaining more revenue.

The company has a wide presence across North America, Europe, Asia-Pacific, Middle East, and Africa, South America. The subsidiaries are Alpro (Belgium), Danon Rossiya, AO, WhiteWave Foods (U.S.), Danone Japan Co., Ltd. (Japan), Blédina (France), among others.

Health and Wellness Food Market

Nestlé

Nestlé, founded in 1866, is headquartered in Vevey, Switzerland. The company's main focus is to manufacture a portfolio of products and services that evolve with consumer demands, create products that are right for consumers and contribute to public health and a sound environment. The company has a business segment in Powdered and Liquid Beverages, Water, Milk Products and Ice Cream, Nutrition and Health Science, Prepared Dishes and Cooking Aids, Confectionery, Pet Care, and Milk Products and Ice Cream is the market-focused segment. The market-focused segment is the company's product category, including Beverages, Nestle Breakfast Cereals, Chocolate and Confectionary, Dairy, Nutrition, Foods, Vending, and Dairy.

For instance,

  • In June 2021, Nestlé planned to launch fortified and healthier products and reduce their existing products' sodium and sugar content. The company is doing R&D on spinach maggie, atta Maggie, and Fruit O'Nuts Munch to offer healthier solutions to the consumers. These initiatives will help the company grow in the health and wellness segment

The company has a wide presence across Europe, South America, Middle East and Africa, Asia-Pacific, and North America. The subsidiaries are Garoto (Brazil), Nestlé India (India), Nestlé Purina PetCare Company (U.S.), Nestlé Japan (Japan), Osem Investments Ltd. (Israel), among others.