Impact of COVID-19 Outbreak on Global Immunity Boosting Food Products Market | Market Synopsis & Forecast – 2027
Market Forecast Global Immunity Boosting Food Products Market size was valued at USD 15.4 Billion in 2018 and is projected to grow at CAGR 7.6% during the forecasted period. The demand for immunity boosting food products is increasing owing to the rising number of health issues among consumers worldwide. The immunity boosting food products market has registered tremendous growth in the last few years. Lack of immunity owing to the prevalence of unhealthy lifestyles has triggered the growth of immunity boosting food products market. Key players in the market are undertaking requisite measures in shifting consumer preference towards the consumption of healthy food ingredients by increasing its geographical presence through strategic merger and acquisitions, product launches, and joint ventures. For instance, in 2019, Danone SA, a France based dairy company, announced its plans for re-entering the Indian dairy industry by joint venturing wi...