Meticulous Research® has published its latest report, predicting the global Human Nutrition Market to grow to $189.2 billion by 2030, at a 7.4% CAGR. With health consciousness becoming mainstream, the functional beverages segment is anticipated to emerge as the fastest-growing application during the forecast period.

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Market Dynamics
• Key Drivers:
The market’s growth is primarily fueled by:
o Rising adoption of health and wellness trends
o Growing demand for vitamin and mineral-enriched foods
o Increasing applications in dietary supplements and infant nutrition
• Challenges:
The market faces challenges such as stringent regulatory frameworks and the high costs associated with premium nutritional products.

Segment Highlights
1. By Type:
The vitamins segment dominated in 2023, driven by growing awareness of vitamin deficiencies and demand for fortified foods. Water-soluble vitamins, particularly Vitamin C and B-complex variants, were the most sought-after.
2. By Application:
Functional beverages are projected to be the fastest-growing segment. Rising consumer preference for sports and energy drinks, particularly in emerging markets, underscores this growth.
3. By Population Category:
The geriatric segment is expected to maintain its lead in the market, owing to increasing healthcare needs among older adults and a focus on enhancing immunity and digestion.
4. By Region:
North America accounted for the largest market share in 2023, supported by a well-established nutraceutical industry, high R&D investments, and rising awareness of health-focused lifestyles.

Competitive Landscape
The report includes a competitive landscape based on an extensive assessment of the key strategic developments by leading market participants in the industry. Some of the key players operating in the global human nutrition market are 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).

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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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