Meticulous Research®, a premier global market research firm, has released a new 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."

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According to the latest insights from Meticulous Research®, the global human nutrition market is expected to reach $189.2 billion by 2030, with a compound annual growth rate (CAGR) of 7.4% from 2023 to 2030. This growth is driven by rising health and wellness trends, increased demand for fortified foods, lifestyle changes, and the prevalence of chronic diseases. Additionally, the expanding use of human nutrition products in infant formulas and dietary supplements, along with innovative product launches and technological advancements, are set to propel market expansion. However, stringent regulatory frameworks and high product costs may pose challenges.

Market Segmentation and Insights:

• Type: Includes vitamins (fat-soluble and water-soluble), probiotics, proteins and amino acids, carbohydrates, fats and fatty acids, and minerals.
  • Vitamins: Subcategories include Vitamin A, Vitamin E, Vitamin D (fat-soluble), and Vitamin C, Vitamin B complex (water-soluble).
  • Carbohydrates: Includes monosaccharides like glucose, oligosaccharides like sucrose, and other carbohydrates.
  • Fats and Fatty Acids: Includes omega-3, omega-6, and omega-9 fatty acids.
  • Minerals: Includes macro minerals such as calcium and potassium, and micro minerals like iron and zinc.

Application: Encompasses functional foods (e.g., dairy products, bakery products), functional beverages (e.g., energy drinks, sports drinks), dietary supplements, and other applications.

• Population: Categorized into pediatric, geriatric, maternal, athletes, and other groups.
• Geography: Analyzed across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Market Highlights:

• Vitamins Segment: Expected to hold the largest market share in 2023 due to consumer focus on health, prevalent vitamin deficiencies, and high demand for vitamin-enriched foods.
• Functional Beverages: Predicted to exhibit the highest CAGR, bolstered by rising demand in emerging markets and increasing health expenditures.
• Geriatric Population: Anticipated to dominate the market share due to the aging population and the need for improved digestion and immunity among older adults.

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Regional Insights: North America: Projected to lead the global market, attributed to its strong nutraceutical and functional food industries, significant R&D investments, and the high prevalence of chronic diseases.

Key Industry Players: The global human nutrition market is moderately competitive, featuring a mix of large and small players. Prominent companies include:

• Koninklijke DSM N.V. (Netherlands)
• Archer Daniels Midland Company (U.S.)
• Chr. Hansen Holding A/S (Denmark)
• Glanbia plc (Ireland)
• Corbion N.V. (Netherlands)
• Associated British Foods plc (U.K.)
• Arla Foods (Denmark)
• Ingredion Incorporated (U.S.)
• Tate & Lyle PLC (U.K.)
• Ajinomoto Co. Inc. (Japan)
• Cargill, Incorporated (U.S.)
• BASF SE (Germany)
• Kerry Group plc (Ireland)

Conclusion: The comprehensive analysis by Meticulous Research® highlights significant growth potential in the global human nutrition market, driven by evolving consumer preferences and technological advancements. Despite regulatory and cost challenges, the market is poised for substantial expansion through 2030.

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