There’s Massive Demand for Functional Foods

July 5, 2021, By smallcapfirm,

Millions of people are on a health kick.

They’re watching what they eat to address health concerns, boost immune systems, increase productivity, and even focus.  Many are even turning to functional superfoods.

In fact, there’s so much demand, Precedence Research says the market could be worth $309 billion in the next six years, and grow at a CAGR of 7.5%.  “The increasing prevalence of chronic diseases prompts consumers to shift towards healthier food consumption habits. Rising interest of consumer regarding immunity benefits of a proper diet accounts for the key factor that drives the growth of functional foods market across the globe.”

Some of the top companies benefiting from the trend include Rritual Superfoods Inc. (CSE:RSF)(OTC:RRSFF), Else Nutrition Holdings Inc. (TSXV: BABY)(OTCQX: BABYF)(FSE:0YL), Burcon NutraScience Corp. (TSX:BU)(NASDAQ:BRCN), Very Good Food Company Inc. (CSE:VERY)(OTC:VRYYF), and Laird Superfood Inc. (NYSE:LSF).

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