Meticulous Research® has published its latest report, predicting the global Human Nutrition Market to grow to $189.2 billion by 2030, at a 7.4% CAGR. With health consciousness becoming mainstream, the functional beverages segment is anticipated to emerge as the fastest-growing application during the forecast period.
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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.