Projections are that the nutraceutical and nutricosmetics industry will grow at rates of between 10% and 12% in the next five years.
From a statement issued by the Foreign Trade Promotion Office of Costa Rica (Procomer):
The global market for nutraceuticals continues to grow and forecasts also indicate that one of the key elements which will drive the market, according to sources such as Datamonitor, Mintel, TechNavio, Transparency, Global Industry Analysts and Research & Markets, is the increase in the population advanced in age, which results in increased demand for anti-aging and types of nutricosmetics which combat hair loss.
Sales of beverages and low-calorie foods such as cereals and snacks, have picked up in the old continent.
From an article by the Costa Rica Foreign Trade Promotion Office (PROCOMER):
Sales of products and low-calorie drinks have risen in Europe, according to the consulting firm Mintel, after a decline in 2004. According to Laura Jones, analyst at Mintel, the rise in demand for these products is driven by the popularity of low calorie diets such as Atkins, which has led people to be more aware of the amount of calories and carbohydrates they are consuming." This increased awareness has been promoted by some consumers. In Europe recently low-calorie products have been launched which have introduced a wide range of products that are normally associated with carbohydrates."
At the end of 2013 sales of these products could reach $10.5 billion which represents an increase of 44% since 2011.
From an article by the Costa Rican Trade Promotion Office (PROCOMER) :
The popularity of gluten-free products continues to grow in the United States, driven not only by people with celiac disease and those who do not suffer from wish to avoid consuming wheat protein as a preventative measure but also by those aiming to lose weight by stopping consumption of wheat-based products. According to Mintel, 35 % of buyers of gluten free products buy them because they are healthier and 27% buy them because they think it will help in their efforts to lose weight, 21% because they are low in carbohydrates and only 15% for a household member who is gluten intolerant.
Consumption of sea products has grown by 14.6% over the past five years, with new food trends in America and cultural aspects motivating the increase.
From an article by the Costa Rican Foreign Trade Promotion Office (PROCOMER):
According to a study by Mintel, the consumption of fish and seafood in the U.S. has grown by 14.6% in the past five years. This sector continued to grow even in the most critical period of the last economic crisis suffered by the U.S (2008-2009), a fact that was supported by American's desire to consume healthy products.
Consumers in China are choosing international brands, in 2012 the consumption of coffee surpassed 70 thousand tons and in 2013 it is expected to reach more than 95 thousand tons.
From an article by the Costa Rican Trade Promotion Office (PROCOMER):
The growing demand for coffee in the Chinese market, which traditionally used to be focused on tea consumption, presents a great opportunity for exporters of this product. China is the second largest beverage market and consumption is expected to reach 100,000 tons of coffee in 2013.
Household spending in developed countries is growing much more slowly than in emerging countries, where it is increasing at rates of between 7.7% and 15.2%.
Although globalization is a fact there are studies that confirm that there are still important gaps that identify and separate some markets from others. A study conducted by Mintel and the Economist Intelligence Unit, market research specialists, proves this.
According to research by the consultancy Mintel, more than two thirds (66%) of social network users say they rarely pay attention to ads on these sites.
More than half (56%) say they dont like buying products they have seen advertised on social networking sites - suggesting that brands have to go beyond paid advertising to influence consumer purchasing decisions .
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
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