Press release
Human Nutrition Market Market Size Share Industry Analysis Forecast 2023-2030
Global Human Nutrition Market Surpasses $107.4 Billion in 2022, Expected to Reach $187.2 Billion by 2030 with a 7.2% CAGRThe global Human Nutrition Market witnessed remarkable growth, reaching USD 107.4 billion in 2022 and is projected to surge to USD 187.2 billion by 2030, exhibiting a robust Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period from 2023 to 2030.
This surge is primarily fueled by an increasing global consciousness regarding health and well-being. Consumers are actively seeking nutritional solutions tailored to address specific health concerns, such as heart health, digestive wellness, weight management, and cognitive function. As sedentary lifestyles become more prevalent, there is a growing demand for phytochemicals, functional foods, dietary supplements, nutraceuticals, and immunity-promoting supplements.
North America Dominates with Over 1/3rd Market Share
North America emerges as the dominant player in the Human Nutrition Market, capturing over one-third of the market share. According to the International Food Information Council, more than half (52%) of Americans prefer greens over animal protein for taste reasons. This consumer preference, along with the continent's heightened health consciousness, contributes significantly to North America's leading position.
Human Nutrition Market Overview
Metrics:
CAGR: 7.2%
Size Available for Years: 2021-2030
Forecast Period: 2023-2030
Data Availability: Value (USD )
Segments Covered:
Ingredient, Distribution Channel, Application, End-user, and Region
Regions Covered:
North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Fastest Growing Region:
Asia-Pacific
Largest Region:
North America
Report Insights Covered:
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter's Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights.
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Human Nutrition Market Dynamics and Trends
Increasing Prevalence of Malnutrition:
Healthcare professionals recognize the vital role of nutrition in preventing and managing diseases.
Public health campaigns, including dietary supplements, combat malnutrition.
Increasing Awareness among Consumers:
Rising awareness of the importance of proper nutrition fuels demand for diverse nutritional products and services.
Online platforms feature influencers disseminating valuable nutrition-related knowledge.
Increasing Regulatory Scrutiny:
Regulatory organizations tighten regulations on labeling and advertising to ensure consumer safety.
Stringent measures in countries like Australia regulate the quality, safety, and effectiveness of dietary supplements.
Consumer Skepticism and Misinformation:
Conflicting nutritional guidance and deceptive marketing contribute to consumer skepticism.
Erroneous claims and misinformation on online platforms mislead consumers.
For more details on this report:https://www.datamintelligence.com/research-report/human-nutrition-market
Human Nutrition Market Segmentation Analysis
The global human nutrition market is segmented based on Type, distribution channel, application, end-user, and region.
Whey Protein Demand Fuel Surge in Human Nutrition Market:
Athletes segment holds 34.1% in global market share.
Whey protein supplements gain popularity among athletes for rapid absorption and amino acid profile.
Global Human Nutrition Market Geographical Share
Adoption of Dietary Supplements in North America:
North America holds the largest market share of 38.3% in 2022.
The U.S. witnesses a 77% adoption of dietary supplements, showcasing robust consumer appetite.
North American enterprises lead in innovation within the nutrition industry.
Human Nutrition Market Companies
Major Global Players:
Medifast Inc., Bayer AG, Abbott, DuPont, Amway, Nature's Bounty Co., GSK plc., Nestlé S.A, RiceBran Technologies, Mead Johnson & Company, LLC.
Related Reports:
Probiotic Drinks Market: https://www.datamintelligence.com/research-report/probiotic-drinks-market
High Protein Snacks Market: https://www.datamintelligence.com/research-report/high-protein-snacks-market
Lipid Nutrition Market: https://www.datamintelligence.com/research-report/lipid-nutrition-market
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Email: info@datamintelligence.com
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DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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