What Key Insights Can Help Predict the Human Nutrition Market’s Path to $189.2 Billion by 2030?

The ‘Human Nutrition Market by Type, Application, Population, and Geography—Global Forecast to 2030’ report forecasts that the global human nutrition market will reach $189.2 billion by 2030, with a CAGR of 7.4% over the forecast period.
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Factors Driving Market Growth Key factors contributing to the growth of the human nutrition market include the increasing focus on health and wellness, the rising demand for fortified foods, lifestyle changes, a surge in chronic diseases, and the growing use of nutritional products in infant formulas and dietary supplements. Moreover, new product innovations and advancements are set to propel market growth.
Market Segmentation by Type The market is divided into various types such as vitamins (both fat-soluble and water-soluble), probiotics, proteins and amino acids, carbohydrates (monosaccharides and oligosaccharides), fats and fatty acids (including omega-3 and omega-6), and minerals (macro and microminerals).
Application Trends The functional food segment is projected to lead the market, driven by changes in lifestyle, increased demand for nutritional foods, rising expenditure on healthy diets, and heightened consumer awareness about the benefits of functional foods.
Population Segment Trends The geriatric population segment is expected to dominate the market due to the increasing aging population, a growing need for digestive and immune support among older adults, and a high prevalence of chronic health conditions.
Industry Trends and Major Companies The human nutrition market has seen significant activity with various product launches and collaborations. Prominent players in the market include Koninklijke DSM N.V., Archer Daniels Midland Company, Chr. Hansen Holding A/S, Glanbia plc, Corbion N.V., Associated British Foods plc, Arla Foods, Ingredion Incorporated, Tate & Lyle PLC, Ajinomoto Co. Inc., Cargill, BASF SE, and Kerry Group plc.
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What Key Insights Can Help Predict the Human Nutrition Market’s Path to 9.2 Billion by 2030?