According to this latest analysis from Meticulous Research®, the global human nutrition market is projected to reach a staggering $189.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. The anticipated growth in the human nutrition market can be primarily attributed to several key factors, including a rising trend toward health and wellness, increasing consumer demand for fortified food products, significant lifestyle changes, a growing incidence of chronic diseases, and an expanding application of human nutrition in infant formulas and dietary supplements.

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Furthermore, continuous product launches and technological innovations spearheaded by leading players in the human nutrition market are expected to create numerous growth opportunities. However, the market does face challenges, including stringent regulatory frameworks and the high cost of products, which could hinder overall growth to some extent.

Market Segmentation

The human nutrition market is segmented based on various parameters, including type, application, population, and geography. The types analyzed in the report encompass a wide range of categories:

• Vitamins: This includes fat-soluble vitamins like Vitamin A, Vitamin E, and Vitamin D, as well as water-soluble vitamins such as Vitamin C and the B vitamins (B1, B2, B3, B5, B6, B7, B9, and B12).
• Probiotics: These beneficial bacteria play a crucial role in gut health and digestion.
• Proteins and Amino Acids: Essential for muscle development and overall health.
• Carbohydrates: The report categorizes these into monosaccharides (like glucose and fructose) and oligosaccharides (such as sucrose and lactose).
• Fats and Fatty Acids: This segment includes omega-3 and omega-6 fatty acids, monounsaturated omega-9 fatty acids, and other fats.
• Minerals: The minerals are classified into macro-minerals (like calcium and potassium) and micro-minerals (including iron and zinc).

In terms of application, the market includes:

• Functional Foods: Such as dairy products, bakery items, snacks, and infant food products.
• Functional Beverages: Encompassing energy drinks, sports drinks, fortified juices, and other health-oriented beverages.
• Dietary Supplements: Products aimed at enhancing nutritional intake.

Additionally, the population categories evaluated in the report comprise pediatric, geriatric, maternal, and athletes.

The geographical segmentation includes key regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Each segment plays a crucial role in understanding market dynamics at both regional and country levels.

Key Findings

Among the various types evaluated, the vitamins segment is projected to account for the largest share of the global human nutrition market in 2023. This dominance is attributed to the heightened consumer awareness regarding health and wellness, coupled with a rising prevalence of vitamin deficiencies across various demographics. The increasing demand for vitamin-fortified foods, alongside health trends and the growing geriatric population in developed economies, is expected to further stimulate this segment’s growth.

In the realm of applications, functional beverages are anticipated to register the highest CAGR during the forecast period. The surge in demand for functional beverages, particularly in emerging economies, the popularity of sports drinks, and an uptick in health expenditure contribute significantly to this growth trajectory.

When analyzing the population categories, the geriatric segment is expected to capture the largest share of the human nutrition market in 2023. Contributing factors include the growing aging population, heightened focus on maintaining and enhancing digestive health and immunity in older adults, and a high prevalence of chronic conditions in this demographic.

Among the regional markets examined, North America is expected to dominate the human nutrition market in 2023. This can be attributed to a well-established nutraceutical and functional food industry, a robust demand for nutritional supplements, and significant investments in research and development within the human nutrition sector.

Key Players

The global human nutrition market presents a moderately competitive landscape, with numerous large and small-sized players operating at global, regional, and local levels. Key players in this dynamic market 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).

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