Global Nutrition Market 2024-2028
The nutrition market is forecasted to grow by USD 35 bn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the nutrition market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing geriatric population, increasing number of premature births in developing countries, and increased number of medical emergencies and hospital admissions.
Technavio's nutrition market is segmented as below:
By Type
- Vitamins
- Probiotics
- Proteins and amino acids
- Carbohydrates
- Others
By Application
- Immunity
- Sports nutrition
- Weight management
- Clinical nutrition
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the online retailing as one of the prime reasons driving the nutrition market growth during the next few years. Also, increasing number of nutritionists and food consultants and growing adoption of ready-to-use nutritional supplements will lead to sizable demand in the market.
The report on the nutrition market covers the following areas:
- Nutrition market sizing
- Nutrition market forecast
- Nutrition market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading nutrition market vendors that include Abbott Laboratories, Amway Corp., Archer Daniels Midland Co., BASF SE, Bayer AG, Chr Hansen Holding AS, Corbion nv, DuPont de Nemours Inc., Glanbia plc, Herbalife International of America Inc., Johnson and Johnson Services Inc., Kerry Group Plc, Koninklijke DSM NV, Nestle SA, NOW Health Group Inc., Pharmavite LLC, PMV Nutrient Products Pvt. Ltd., Premier Nutrition Co. LLC, The Bountiful Co., and USANA Health Science Inc.. Also, the nutrition market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.