The ‘Human Nutrition Market by Type, Application, Population, and Geography—Global Forecast to 2030’ report forecasts that the market will reach $189.2 billion by 2030, growing at a CAGR of 7.4% throughout the forecast period.
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Growth Factors The human nutrition market’s growth is fueled by the increasing health and wellness trend, the rising demand for fortified foods, lifestyle changes, a growing prevalence of chronic diseases, and the expanded use of nutritional products in infant formulas and dietary supplements. Furthermore, innovations and new product developments by major market players are expected to enhance growth opportunities.
Type-Based Segmentation The market is segmented into several types including vitamins (fat-soluble and water-soluble), probiotics, proteins and amino acids, carbohydrates (monosaccharides and oligosaccharides), fats and fatty acids (omega-3, omega-6, etc.), and minerals (macro and microminerals).
Application Insights The functional food segment is projected to dominate the market due to shifts in lifestyle and food habits, increased demand for nutritional foods, higher investments in healthy diets, and rising consumer awareness about the benefits of functional foods.
