Canada Functional Foods & Natural Health Products Market Share To Reach Scalable Heights Of Growth
Canada Functional Foods & Natural Health Products Industry The Canada functional foods and natural health products market size is expected to reach USD 10.48 billion by 2030, registering to grow at a CAGR of 7.7% from 2024 to 2030 according to a new report by Grand View Research, Inc. Rising prevalence of chronic diseases such as arthritis, cardiovascular problems, and diabetes coupled with the advantages associated with plant-extracted drugs over synthetic drugs are the factors expected to propel the overall demand. Additionally, introduction of innovative products and technological advancements in health and wellness industry are anticipated to boost the market growth. A majority of food manufacturing companies have started using prebiotics as the primary ingredient to provide better nourishment and reduce health problems caused by harmful bacteria. Increasing demand for high functional foods to boost immunity and digestion is expected to drive the segment ...