Meticulous Research® has released a comprehensive 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." The report offers an in-depth analysis of current market dynamics, providing valuable insights into growth forecasts, key trends, and the competitive landscape.

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Market Expansion Outlook
The global human nutrition market is expected to reach $189.2 billion by 2030, growing at a CAGR of 7.4% from 2023 to 2030. This growth is propelled by a heightened focus on health and wellness, rising demand for fortified foods, changing lifestyles, and the increasing prevalence of chronic diseases. In addition, dietary supplements and infant nutrition products are gaining traction, further accelerating market expansion. Technological advancements and innovative product launches by key market players are also driving growth and creating lucrative opportunities.

Extensive Market Segmentation
The report provides detailed segmentation of the human nutrition market based on type, application, population, and geography. Key nutrient types include vitamins (both fat-soluble and water-soluble), proteins, probiotics, amino acids, carbohydrates (monosaccharides and oligosaccharides), fatty acids, and minerals (macrominerals and microminerals). Applications span across functional foods (dairy, bakery, infant products), functional beverages (sports and energy drinks), dietary supplements, and others. The market also targets specific population segments, including pediatric, geriatric, maternal, and athletes. Geographically, the market covers regions like North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Vitamins Segment Leading the Market
The vitamins segment is anticipated to dominate the human nutrition market in 2023. Factors contributing to this growth include the increasing consumer focus on health and wellness, rising incidences of vitamin deficiencies, and growing demand for vitamin-fortified products. The health-conscious trend, coupled with the expanding aging population, particularly in developed regions, is expected to further drive the demand for vitamins.

Functional Beverages on the Rise
The functional beverages segment is set to experience the fastest growth during the forecast period. The growing demand for functional beverages in developing countries, combined with increasing consumption of sports and energy drinks, is expected to boost the segment’s growth. Additionally, rising consumer spending on health-related products is further fueling this trend.

Geriatric Population's Significant Market Share
The geriatric population is projected to hold the largest share of the market in 2023, driven by an aging global population, the need for enhanced digestion and immune support, and the high prevalence of chronic diseases among older adults.

North America Dominating the Market
North America is poised to lead the human nutrition market in 2023, thanks to its well-established nutraceutical and functional food industries, high demand for nutritional supplements, and substantial investments in research and development. The region’s growing focus on wellness and the high prevalence of chronic diseases also contribute to its market dominance.

Competitive Landscape Overview
The global human nutrition market is moderately competitive, with key players such as 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), and Kerry Group plc (Ireland). These companies play an essential role in driving product innovation and market growth.

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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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