Meticulous Research® has recently unveiled its comprehensive report titled, ‘Human Nutrition Market by Type (Vitamins, Proteins, Minerals, Fatty Acids, Carbohydrates), Application (Functional Food, Functional Beverages, Dietary Supplements), Population (Geriatric, Pediatric, Maternal) and Geography - Global Forecast to 2030.’ This detailed study highlights the remarkable growth trajectory of the global human nutrition market, forecasted to achieve $189.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030.
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The human nutrition market's expansion is attributed to evolving health-conscious consumer behavior, increasing demand for fortified food products, and the escalating prevalence of chronic diseases. Additionally, innovations and product launches by leading market players are expected to unlock significant opportunities for growth. However, regulatory challenges and product pricing are likely to present hurdles.
Market Dynamics
•    Key Drivers:
The market’s growth is primarily fueled by:
o    Rising adoption of health and wellness trends
o    Growing demand for vitamin and mineral-enriched foods
o    Increasing applications in dietary supplements and infant nutrition
•    Challenges:
The market faces challenges such as stringent regulatory frameworks and the high costs associated with premium nutritional products.
Segment Highlights
1.    By Type:
The vitamins segment dominated in 2023, driven by growing awareness of vitamin deficiencies and demand for fortified foods. Water-soluble vitamins, particularly Vitamin C and B-complex variants, were the most sought-after.
2.    By Application:
Functional beverages are projected to be the fastest-growing segment. Rising consumer preference for sports and energy drinks, particularly in emerging markets, underscores this growth.
3.    By Population Category:
The geriatric segment is expected to maintain its lead in the market, owing to increasing healthcare needs among older adults and a focus on enhancing immunity and digestion.
4.    By Region:
North America accounted for the largest market share in 2023, supported by a well-established nutraceutical industry, high R&D investments, and rising awareness of health-focused lifestyles.
Competitive Landscape
The global human nutrition market is moderately competitive, featuring prominent players such as Koninklijke DSM N.V. (Netherlands), Archer Daniels Midland Company (U.S.), Chr. Hansen Holding A/S (Denmark), and BASF SE (Germany). These companies continue to lead through innovations and strategic expansions.
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