(MENAFN- Ameliorate Digital Consultancy)
As per the research report titled 'Global Human Nutrition Market – Analysis By Product Type (Vitamins, Probiotics, Amino Acids, Minerals), Application, Distribution Channel, By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)', available with MarketStudyReport, global human nutrition industry was remunerated at USD 252.38 billion in the year 2020 and is anticipated to garner a significant growth through 2026.
The prime growth drivers of the worldwide human nutrition industry are increasing demand for safe and nutritious health supplements and products, growing disposable income, and rising concern among clients over health.
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Moreover, the factors like rising ubiquity of multiple diseases due to noxious eating patterns, and growing preference for nutrition-rich food products are also impelling the industry share. Furthermore, the surge in liking for health boosting food additives is also a leading factor promoting the development of the market.
Speaking of the product type, worldwide human nutrition market is categorized into vitamins, proteins/amino acids, probiotics, minerals, and others.
Moving on to application spectrum, the market is segmented into functional nutrients, food & beverages, dietary supplement, and infant nutrition. Herein, the dietary supplement category is anticipated to rise at a significant CAGR through 2026. Since the senior population is more prone to physiological, psychological, and social conditions, they emphasize on adapting the nutritional additives that are specifically customized to their requirements focusing on the quality of life and good health maintenance, thus adding to segmental share.
From a regional frame of reference, North America market is estimated to account for substantial revenue share from 2021-to 2026, due to the increase in demand for dietary additives in countries like Mexico, along with the well-developed distribution channel in the United States.
Looking at the competitive terrain, the major players in global human nutrition industry space include Glanbia PLC, Kerry Group PLC, DSM Company, Corbion NV, Amway, ADM Company, Nestle S.A., Abbott Laboratories, Bayer Group, and Usana Health Sciences Inc. These companies are undertaking R&D efforts to develop new products and expand their customer base in order to amplify revenue inflow.
Question & Answer: Global Cash Logistics Market
Q1: What are the prime drivers for the growth of global human nutrition market ?
Answer: The prime growth drivers of the worldwide human nutrition industry are increasing demand for safe and nutritious health supplements and products, growing disposable income, and rising concern among clients over health.
Q2: How will North America contribute towards global human nutrition market value?
Answer: North America market is estimated to account for substantial revenue share from 2021-to 2026, due to the increase in demand for dietary additives in countries like Mexico, along with the well-developed distribution channel in the United States.
Q3: Which organizations are the leading players in global human nutrition market?
Answer: Major industry players include Glanbia PLC, Kerry Group PLC, DSM Company, Corbion NV, Amway, ADM Company, Nestle S.A., Abbott Laboratories, Bayer Group, and Usana Health Sciences Inc.
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