Nutrition market: Driving factors, Industry challenges, Segmentation, Key vendor analysis, Leading countries, and Market size and forecast 2023-2027

NEW YORK, January 23, 2023 /PRNewswire/ — The in-depth analysis provided in the report includes:

Technavio announces its latest market research report titled Global Nutrition Market 2023-2027

Technavio announces its latest market research report titled Global Nutrition Market 2023-2027

  • Current and future market trends to highlight market conditions

  • Comparative analysis of the market and its segments for the historical period 2017 – 2021

  • Market drivers and market barriers and their effects on market growth

  • Positioning of market players and analysis of business strategy

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Nutrition market size and segmentation analysis

Nutrition market forecast Growing with a 4.48% CAGR Between 2022 and 2027. The size of the market is expected to increase by 2020 United states dollar 34.79 billion. The nutrition market is segmented by type, application, and geography.

  • According to medicinenutrition market segmented vitamins, probiotics, proteins and amino acids, carbohydrates and others.

  • According to applicationthe market is segmented immunity, sports nutrition, weight management, clinical nutrition and others.

  • Depending on geography, the nutrition market is segmented. APAC, North America, Europe, South Americaand Middle East and Africa

  • For insights into the market contribution of each segment, Buy the report!

Nutrition market: analysis at country level

Countries covered by the nutrition market report are: Chinese, Indiaand Vietnamese (APAC); we and Canada (North America); United Kingdom, Germany, Franceand the Rest Europe (Europe); Brazil and Argentina (South America); Saudi Arabia and South Africa (The rest Middle East and Africa).

  • APAC will give account 35% Technavio’s analysts detailed the regional trends and drivers that shaped the market during the forecast period. growth North America The growing geriatric population can be attributed to several factors such as the increasing prevalence of chronic diseases due to malnutrition and the establishment of healthcare facilities.

  • The growth of the focused market in APAC is also increasing due to the increasing penetration of the internet and the growing awareness of nutritional health products among the middle class population aided by the growth of the e-commerce industry. As a result, focused-market vendors are launching nutritionally-rich products in the form of cereals and healthy drinks through online platforms as well as offline retail facilities, in collaboration with biotech companies. Such product launches increase the demand for nutritious foods among children and drive further growth of the focused market during the forecast period.

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The geographic landscape of the report also provides factors affecting the market and changes affecting current and future trends. for detailed information Request samples!

Nutrition market: Dynamics and Insights

Technavio’s research report nutrition market It provides analysis and insight into the various drivers along with the key challenges affecting the market during the forecast period.

The growing geriatric population is the key factor driving the growth of the global nutrition market. The world population is increasing rapidly. Between 2010 and 2050, the number of geriatric populations in underdeveloped countries will increase faster than in developed countries. The main reasons for the increase in the elderly population are the prolongation of life expectancy and the decrease in birth rates. The elderly population constitutes a significant portion of the population of developed and developing countries, which will drive the growth of the global food market during the forecast period.

Product recalls are a major challenge for market growth. Food manufacturers must ensure the safety and effectiveness of their products. This is because few cases of contaminated or substandard food have been reported. For this reason, many products have been removed from the market. Product quality can be externally affected by abuse during the manufacturing process or during distribution. Customers’ trust is also affected. Therefore, sellers should invest in promotional activities to regain trust. This increases the costs of the sellers. Therefore, product recalls are a major challenge for market growth during the forecast period.

Nutrition market: competitive environment and vendor analysis

Technavio’s report covers the market adoption lifecycle from the innovative stage to the lagging stage. It focuses on adoption rates in different regions based on penetration. In addition, the report includes key purchasing criteria and drivers of price sensitivity to help companies evaluate and improve their growth strategies.

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Some of the major players operating in the nutrition market are 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 Nutrition Ltd. ., Johnson and Johnson, Kerry Group Plc, Koninklijke DSM NV, Nestle SA, NOW Health Group Inc. and others. Download a PDF sample to get an idea of ​​vendor offers!

Related Reports:

Baby food market size expected to increase by 2020 US$ 17.66 billion With a CAGR of 7.73% from 2021 to 2026. The growing demand for vegan and organic baby food is driving the growth of the infant nutrition market, in particular, but factors such as the demand for lactose-free and allergy-free infant food may hinder the growth of the market.

sports nutrition market share Europe It is expected to increase by US$ 2.01 billion from 2021 to 2026 and the growth momentum of the market is expected to accelerate with a CAGR of 8.01%. While factors such as the serious threat from counterfeit products may hinder the growth of the market, the growing trend towards fitness due to increased awareness of lifestyle-related conditions is driving the growth of the sports nutrition market, especially in Europe.

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Nutrition Market Coverage

Report Scope

Detail

Page number

180

base year

2022

Historical age

2017-2021

forecast period

2023-2027

Growth momentum and YBBO

Acceleration at a 4.48% YBBO

Market growth 2023-2027

US$ 34.79 billion

market structure

broken

Annual growth 2022-2023(%)

3,56

Regional analysis

APAC, North America, Europe, South America and the Middle East and Africa

Realized market contribution

APAC 35%

Key countries

USA, Canada, China, India and Germany

competitive environment

Leading Vendors, Vendors’ Market Positioning, Competitive Strategies and Industry Risks

Key companies profiled

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 Nutrition Ltd., Johnson and Johnson, 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.

market dynamics

Key market analysis, Factors and barriers to market growth, Fast growing and slow growing segment analysis, COVID-19 impact and recovery analysis and Market situation analysis for future consumer dynamics and forecast period.

Customization area

If our report does not contain the data you are looking for, you can contact our analysts and customize the segments.

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Contents:

1. Executive Summary

2 Market Views

3 Market Sizing

4 Historical Market Size

5 Five Force Analysis

6 Market Segmentation by Type

7 Market Segmentation by Application

8 Customer Landscape

9 Geographical Landscape

10 Drivers, Challenges and Trends

11 Vendor View

12 Vendor Analysis

13 Appendix

about us

Technavio is a leading global technology research and consulting firm. Its research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market position. With over 500 expert analysts, Technavio’s report library consists of more than 17,000 reports covering 800 technologies spanning 50 countries. Their customer base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, in-depth research and actionable market insights to identify opportunities in current and potential markets and assess their competitive position in changing market scenarios.

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Global Nutrition Market 2023-2027

Global Nutrition Market 2023-2027

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