Meticulous Research® has released a 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.’ According to this report, the global human nutrition market is projected to reach $189.2 billion by 2030, with a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030.
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Growth Drivers
The growth of the human nutrition market is driven by several factors, including the rising trend towards health and wellness, increased demand for fortified food products, lifestyle changes, a rise in chronic disease incidences, and the expanding use of nutrition in infant formulas and dietary supplements. Additionally, innovations and new product launches by leading market players are expected to present growth opportunities. However, stringent regulations and high product prices may pose challenges to market expansion.
Market Segmentation
The human nutrition market is segmented by various types including vitamins (both fat-soluble and water-soluble), probiotics, proteins, carbohydrates, fats and fatty acids, and minerals. The applications span functional foods, functional beverages, dietary supplements, and other uses. The market also considers different population categories such as pediatric, geriatric, maternal, and athletes. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
