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Human Nutrition Market
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According to the latest report by Meticulous Research®, the Human Nutrition Market is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030, reaching a projected value of $189.2 billion by 2030.

According to a new report from Meticulous Research®, the global human nutrition market is projected to experience significant growth, reaching $189.2 billion by 2030, at a compound annual growth rate (CAGR) of 7.4% during the forecast period from 2023 to 2030. This growth is attributed to a combination of rising health and wellness trends, increased demand for fortified food products, lifestyle changes, the growing prevalence of chronic diseases, and expanding applications in infant formulas and dietary supplements.

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In addition, product innovations and strategic launches by key industry players are expected to create lucrative opportunities for market expansion. However, stringent regulations and the high cost of human nutrition products may pose challenges to market growth.

Market Breakdown by Segment and Region:

The Human Nutrition Market has been segmented based on type, application, population category, and geography:

  • By Type: The market includes vitamins, probiotics, proteins and amino acids, carbohydrates, fats and fatty acids, and minerals. Among these, the vitamins segment is expected to hold the largest market share in 2023, driven by increasing consumer focus on health and well-being, growing vitamin deficiencies, and the high demand for vitamin-fortified products.
  • By Application: The functional beverages segment is forecasted to grow at the highest CAGR during the forecast period. The rising demand for energy and sports drinks, as well as increased health-consciousness in emerging markets, are key factors contributing to this growth.
  • By Population Category: The geriatric population segment is anticipated to dominate the market in 2023. The growing elderly population, combined with the increasing need for products that support digestion, immunity, and chronic disease management, drives demand in this segment.
  • Geography: North America is projected to account for the largest share of the human nutrition market in 2023. Factors driving this regional dominance include a well-established nutraceutical industry, increasing demand for nutritional supplements, high R&D investments, and rising rates of chronic illnesses such as diabetes, heart disease, and cancer.

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Key Market Drivers:

  • The increasing awareness of the importance of nutrition in preventing chronic diseases and promoting general wellness.
  • Lifestyle changes that have led to a surge in demand for fortified and functional food and beverages.
  • Growing innovation in product development by leading market players, offering solutions tailored to diverse population groups.
  • Rising applications in dietary supplements and infant nutrition, supporting overall market expansion.

Challenges to Growth:

  • Stringent regulatory frameworks governing product approvals and labeling standards.
  • High product prices, which may limit accessibility, particularly in emerging markets.

Market Competitors:

The global human nutrition market is characterized by a moderately competitive landscape, featuring both large multinational corporations and smaller regional players. Leading companies in the industry include: Koninklijke DSM N.V. (Netherlands), Archer Daniels Midland Company (U.S.), Chr. Hansen Holding A/S (Denmark), Glanbia plc (Ireland), Corbion N.V.(Netherlands), Associated British Foods plc (U.K.), Arla Foods (Denmark), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Ajinomoto Co. Inc. (Japan), Cargill, Incorporated (U.S.), BASF SE (Germany), and Kerry Group plc (Ireland).

These companies are heavily investing in R&D and new product launches to stay competitive and capitalize on emerging trends in the human nutrition space.

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Lipid Nutrition Market: https://www.meticulousresearch.com/product/lipid-nutrition-market-3045

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