The latest report from Meticulous Research® provides an in-depth analysis of the ‘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.’ The report forecasts the human nutrition market to reach $189.2 billion by 2030, growing at a CAGR of 7.4% from 2023 to 2030.

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Market Growth Drivers

The human nutrition market’s expansion is primarily driven by increasing health consciousness, a surge in demand for fortified food items, lifestyle adjustments, growing chronic disease rates, and broader use in infant formulas and dietary supplements. Technological advancements and innovative product developments are also contributing to market growth, though challenges such as strict regulations and high product costs could temper growth.

Market Segmentation Details

This market is segmented by type into vitamins, probiotics, proteins, carbohydrates, fats, and minerals, and by application into functional foods, functional beverages, dietary supplements, among others. The market is further segmented by population demographics including pediatric, geriatric, maternal, and athletes, and is analyzed across regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Segment Performance

In 2023, the vitamins segment is projected to dominate the human nutrition market. This is driven by increased consumer focus on health, the rising incidence of vitamin deficiencies, and a strong demand for vitamin-fortified products. Additionally, the geriatric population is expected to hold a significant market share due to aging trends and a need for enhanced digestion and immunity.

Regional Analysis

North America is expected to lead the market in 2023, due to its advanced nutraceutical industry, high demand for nutritional supplements, significant R&D investments, and prevalent chronic diseases.

Competitive Landscape Overview

The market is moderately competitive, with a mix of large and small players. Prominent companies include Koninklijke DSM N.V., Archer Daniels Midland Company, and Glanbia plc among others.

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