The high growth in the Human Nutrition Market is mainly attributed to growing prevalance of diseases due to unhealthy eating, rising demand of fortified food products, rising disposable income, and growing health conciousness and demand for nutritional supplements. However, negative impact of false and misleading promotions and high cost of the dietary supplement products are the major factors expected to hinder the adoption of human nutrition products.
According to this latest publication from Meticulous Research , the global human Nutrition Market is expected to grow at a CAGR of 6.6% from 2019 to reach $465.4 billion by 2025.
“Human Nutrition Market by Type (Vitamin, Probiotics, Proteins, Carbohydrates, Fatty Acid, Minerals), Age (Adult, Childhood), Population (Pediatric, Geriatric, Maternal), and Application (Dietary Supplement, Functional Nutrients)- Global Forecast to 2025”
The global human nutrition market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2025-by type (vitamins, probiotics, proteins & amino acids, carbohydrates, fats & fatty acids, minerals), age group (childhood-adolescence, adult & parenthoods, seniors), population (pediatric population, geriatric population, maternal population, athletes population), and application (dietary supplements, functional nutrients, medical nutrition, infant nutrition, food & beverages). The study also evaluates industry competitors and analyzes the market at a regional and country level.
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Based on type, the overall human nutrition market is segmented into vitamins, probiotics, proteins & amino acids, carbohydrates, fats & fatty acids, and minerals. Vitamins are estimated to hold the largest share of the overall human nutrition market in 2019. The large share of this market is mainly attributed to rising prevalence of vitamin deficiencies; huge demand of vitamin fortified food; growing health and wellness trends and awareness about preventive healthcare among consumers; and steady rise in the geriatric population in the developed economies (U.S., Europe, and Japan). However, fats and fatty acids segment is projected to grow at the highest CAGR during the forecast period. The high growth of this segment can be attributed to growing awareness about the role of fatty acids in determining health and nutritional well-being; technological advancements, such as microencapsulation; and growing demand from infant formula, dietary supplement, pharmaceutical, and clinical nutrition sectors.
Based on age group, childhood-adolescence segment is expected to command the largest share of the overall human nutrition market in 2019. The large share of this segment is mainly attributed to growing body needs in terms of energy, protein, and micronutrients for potential development and high rates of malnutrition and stunting among children.
Based on application, the global human nutrition market is mainly segmented into dietary supplements, functional nutrients, medical nutrition, infant nutrition, and food & beverages. Dietary supplements application is estimated to account for the largest share of the overall human nutrition market in 2019. Rapid urbanization, rising prevalence of diseases, and growing awareness regarding the health benefits of nutritional supplements among consumers are the key factors responsible for the large share of this segment in the market. However, infant nutrition segment is expected to grow at the highest CAGR during the forecast period, owing to rising disposable income of individuals, increasing health concerns among users regarding the development of babies, and growing population of working mothers.
This research report analyzes major geographies and provides a comprehensive analysis of North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America is estimated to command the largest share of the global human nutrition market in 2019. The large share of this region is mainly attributed to rising prevalence of chronic diseases, including cancer, diabetes, hypertension, stroke, heart disease, respiratory diseases, arthritis, obesity, and oral diseases; increasing focus on healthy lifestyle; well established nutraceutical and functional food industry; and growing health & wellness and clean label trends.
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The major players operating in the global human nutrition market are BASF SE (Germany), Abbott Laboratories (U.S.), Koninklijke DSM N.V. (The Netherlands), DuPont de Nemours, Inc. (U.S.), Chr. Hansen Holding A/S (Denmark), USANA Health Science, Inc. (U.S.), Pharmavite LLC. (U.S.), Nestle S.A. (Switzerland), Kerry Group PLC (Ireland), Glanbia PLC. (Ireland), Corbion N.V. (The Netherlands), ADM (U.S.), Bayer Health Care AG (Germany), Amway Corp.(U.S.), and Matsun Nutrition (U.S.) among others.
Key questions answered in the report:
The North American human nutrition market favors both larger and local manufacturers that compete in multiple segments
Who are the top competitors in this market and what strategies do they employ to gain shares?
What is driving growth and which market segments have the most potential for revenue expansion over the forecast period?
What strategies should new companies look to enter this market use to compete effectively?
What are the major drivers, restraints, and opportunities in the global human nutrition market?
Who are the major players in various countries and what share of the market do they hold?
What are the geographical trends and high growth regions/ countries?
Recent new product launches; partnerships, collaborations, and agreements; acquisitions & mergers; and expansions have taken place in the human nutrition market
What companies have recently merged/acquired in various countries across the globe and how will these unions affect the competitive landscape of the human nutrition market?
Which companies have created partnerships and how will these partnerships promote a competitive advantage?Who are the major players in the global human nutrition market and what share of the market do they hold?Who are the local emerging players in the human nutrition market and how do they compete with the global players?
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