Pune, India, Jan. 10, 2022 (GLOBE NEWSWIRE) -- According to MarketStudyReport, worldwide human nutrition market size was worth USD 252.38 billion in 2020 and is touted to expand at a notable CAGR over the forecast period 2021-2026.
Proceeding further, the research literature splits the marketplace on the basis of product type, application, distribution channels, and regions. It delves into both qualitative and quantitative aspects of each of these segments to pinpoint the major investable areas in this business sphere. An analysis of the competitive hierarchy details the product profiles of all leading players, and scrutinizes their financials, strategies, and other recent developments.
Factors such as surging demand for nutritious and safe health products & supplements, increasing health awareness among consumers, and rising disposable income levels are primarily driving the industry growth.
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Additionally, widespread prevalence of diseases caused by unhealthy eating habits, coupled with growing preference for fortifying and nutritional food additives are also fostering the market development.
Market segmentation overview
Based on product type, global human nutrition market is classified into probiotics, vitamins, proteins/amino acids, and minerals/ others, whereas by distribution channel, the market classification comprises OTC (over the counter), and prescribed.
Considering application scope, the market is segmented into functional nutrient, dietary supplement, food & beverages, and infant nutrition. Among these, the dietary supplement segment is slated to witness a substantial CAGR over the forecast period, owing to increasing reliance of elderly populace on nutritional supplements. Notably, ageing causes various physiological, psychological, and social changes in an individual’s life, which affects their dietary and food choices. Thus, the need for specifically tailored dietary supplements will boost segmental growth in the upcoming years.
Regional outlook
Major regional contributors to worldwide human nutrition industry remuneration are Asia Pacific (China, India, Japan, Australia), Europe (U.K., Germany, France, Italy), and North America (U.S., Canada).
As per expert verbatim, North America is touted to hold a significant share in the industry by 2026, with the United States being the epicenter of growth, due to the presence of established manufacturers and well-developed distribution channels. Moreover, burgeoning demand for dietary supplements across countries like Mexico is also contributing to regional market growth.
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Competitive scope
Prominent companies such as Bayer AG, Abbott Laboratories, Koninklijke DSM N.V., Nestlé S.A., Glanbia plc, and Kerry Group plc are influencing the market trends. These companies constantly employ several strategic maneuvers such as acquisitions, collaborations, mergers, new product developments, and partnerships to maintain their standing in the industry space.
Global Human Nutrition Market, by Product Type (Revenue, USD Billion, 2016-2026)
- Probiotics
- Vitamins
- Proteins/Amino Acids
- Minerals/ Others
Global Human Nutrition Market, by Distribution Channel (Revenue, USD Billion, 2016-2026)
- OTC (Over the Counter)
- Prescribed
Global Human Nutrition Market, by Application Scope (Revenue, USD Billion, 2016-2026)
- Dietary Supplement
- Functional Nutrient
- Infant Nutrition
- Food & Beverages
Global Human Nutrition Market, Regional Outlook (Revenue, USD Billion, 2016-2026)
Asia Pacific
- China
- India
- Japan
- Australia
Europe
- U.K.
- Germany
- France
- Italy
North America
- U.S.
- Canada
Global Human Nutrition Market, Competitive Landscape (Revenue, USD Billion, 2016-2026)
- Bayer AG
- Koninklijke DSM N.V.
- Abbott Laboratories
- Kerry Group plc
- Nestlé S.A.
- Glanbia plc
- Archer Daniels Midland Company
- Amway
- USANA Health Sciences Inc.
- Corbion N.V.
Table of Content:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global Human Nutrition Market: Product Overview
4. Global Human Nutrition Market: An Analysis
4.1 Market Size, By Value, 2016-2026
4.2 Impact of COVID-19 on Global Human Nutrition Market
4.3 Global Human Nutrition Market: Growth & Forecast
5. Global Human Nutrition Market: Segmental Analysis
5.1 Global Human Nutrition Market by Product Type
5.2 Competitive Scenario of Global Human Nutrition Market- By Product Type
5.3 By Vitamins, By Value (USD Billion), 2016-2026
5.4 By Probiotics, By Value (USD Billion), 2016-2026
5.5 By Proteins/Amino Acids, By Value (USD Billion), 2016-2026
6. Global Human Nutrition Market By Application
6.1 Global Human Nutrition Market by Application
6.2 Competitive Scenario of Global Human Nutrition Market- By Application
6.3 By Dietary Supplement, By Value (USD Billion), 2016-2026
6.4 By Functional Nutrient, By Value (USD Billion), 2016-2026
6.5 By Infant Nutrition, By Value (USD Billion), 2016-2026
7. Global Human Nutrition Market By Distribution Channel
7.1 Global Human Nutrition Market by Distribution Channel
7.2 Competitive Scenario of Global Human Nutrition Market- By Distribution Channel
7.3 By OTC, By Value (USD Billion), 2016-2026
7.4 By Prescribed, By Value (USD Billion), 2016-2026
8. North America Human Nutrition Market: An Analysis (2016-2026)
8.1 North America Human Nutrition Market by value: Size and Forecast (2016-2026)
8.2 North America Human Nutrition Market: Prominent Companies
8.3 Market Segmentation By Product Type (Vitamins, Probiotics, Proteins/Amino Acids, Minerals/ Others)
8.4 Market Segmentation By Application (Dietary Supplement, Functional Nutrient, Infant Nutrition, Food & Beverages)
8.5 Market Segmentation By Distribution Channel (OTC, Prescribed)
9. Europe Human Nutrition Market: An Analysis (2016-2026)
9.1 Europe Human Nutrition Market by value: Size and Forecast (2016-2026)
9.2 Europe Human Nutrition: Prominent Companies
9.3 Market Segmentation By Product Type (Vitamins, Probiotics, Proteins/Amino Acids, Minerals/ Others)
9.4 Market Segmentation By Application (Dietary Supplement, Functional Nutrient, Infant Nutrition, Food & Beverages)
9.5 Market Segmentation By Distribution Channel (OTC, Prescribed)
10. Asia Pacific Human Nutrition Market: An Analysis (2016-2026)
10.1 APAC Human Nutrition Market by value: Size and Forecast (2016-2026)
10.2 APAC Human Nutrition: Prominent Companies
10.3 Market Segmentation By Product Type (Vitamins, Probiotics, Proteins/Amino Acids, Minerals/ Others)
10.4 Market Segmentation By Application (Dietary Supplement, Functional Nutrient, Infant Nutrition, Food & Beverages )
10.5 Market Segmentation By Distribution Channel (OTC, Prescribed)
11. Global Human Nutrition Market Dynamics
11.1 Global Human Nutrition Market Drivers
11.2 Global Human Nutrition Market Restraints
11.3 Global Human Nutrition Market Trends
12. Market Attractiveness and Strategic Analysis
12.1 Market Attractiveness Chart of Global Human Nutrition - By Product Type (Year 2026)
12.2 Market Attractiveness Chart of Global Human Nutrition - By Application (Year 2026)
12.3 Market Attractiveness Chart of Global Human Nutrition - By Distribution Channel (Year 2026)
12.4 Market Attractiveness Chart of Global Human Nutrition - By Region (Year 2026)
13. Competitive Landscape
13.1 Market Share of global leading companies
13.2 SWOT Analysis- Global Human Nutrition Market
13.3 Porter Five Forces Analysis-Global Human Nutrition Market
14. Company Profiles
Related Report:
Clinical Nutrition Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027
The clinical nutrition market is expected to witness sizable growth by 2027 driven by the increasing prevalence of chronic illnesses around the globe. Recently, amidst the artificial intelligence (AI) revolution in the medical sector, researchers have been examining the potential integration of AI for food image recognition, augmented diet optimization, diet pattern analysis, and risk prediction, among other applications. Subsequently, technological advancements in the sector are fueling market demand globally. Additionally, industry players are adopting strategic initiatives to improve their market presence, which has favorably impacted business expansion across key regions. In the regional landscape, the Middle East & Africa clinical nutrition market is projected to witness substantial growth to exceed a valuation of USD 3.7 billion by 2027. High number of mortalities related to malnutrition and growing awareness regarding clinical nutrition across the region are expected to foster market outlook through the forecast timeframe.
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