OCTOBER 20236EDITORIALOctober - 01 - 2023, Vol - 03, Issue - 16 ISSN 2836-1989Published by ValleyMedia, Inc. Editorial StaffAva GarciaDavies MedowsJohnson Heller Joshua Parkersales@foodbusinessreview.comeditor@foodbusinessreview.commarketing@foodbusinessreview.comEmailVisualizerChris JonesManaging EditorFood Business Review Visit www.foodbusinessreview.comCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.TO SUBSCRIBE TOVian IsaacStanley MartinStanley MartinManaging Editoreditor@ foodbusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsExploring the Growing Significance of SuperfoodSuperfoods hold significant importance in the food industry for its nutrient-dense and packed with vitamins, minerals, antioxidants, and other health-promoting compounds. Health-conscious consumers highly seek it. Superfoods have unique flavors or textures, which adds diversity and excitement to diets. Growing interest in plant-based diets has increased the popularity of superfoods like quinoa, chia seeds, and kale. Consumers increasingly value foods sourced sustainably and locally, which influences the popularity of certain superfoods based on their origin. Superfoods are gaining attention as plant-based protein sources, appealing to vegetarians, vegans, and those seeking protein diversity.The global superfoods market was valued at $161.11 bn in 2021 and is anticipated to hit around $ 246.2 bn by 2030, poised to grow at a CAGR of 4.82 percent. Consumers' increasing demand for healthy, nutritious foods drives the global superfood market's growth. Growth and development of the global superfoods market are also driven by an aging population and increasing healthcare expenditures. The vegetarian and vegan demographics have long been a target demographic for large-scale produce sales of superfoods. These foods support gut health and metabolism, helping to keep illnesses away and boosting market growth. This edition of Food Business Review brings recent trends and developments in Superfoods and how consumer preference toward healthy meals promotes the industry with various chances for new entrants. It features a thought leadership article from Olawumi Wumi Yusuff, Director of Food Safety at Ferrara, who sheds light on how everyone is responsible for food safety regardless of function in the organization, as it assesses the risk unique to the process, product, and environment and implements appropriate validated preventive controls. It also features an article from Kavita Karnik, Global Head of Nutrition and Regulatory at Tate & Lyle, who emphasizes the importance of nutrition and formulation that help future-focused brands grasp the opportunity to create new products for a healthier population and a healthy planet. In this edition of Food Business Review, we also bring you the story of superfood companies delivering better product offerings with the growing consumer demand. This edition features the Top Superfood Companies 2023, facilitating the traction for the potential health benefits, including immune support and cognitive enhancement, while contributing to individuals' overall well-being worldwide. We hope you find the right partner to meet business needs.Let us know your thoughts!
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