Global Nutritional Food Market is a professional and exhaustive business report which focuses on primary and secondary drivers, market share, leading segments and geographical analysis. This market research document is generated by keeping in mind today’s business needs and advancements in technology. Moreover, the reviews about key players, major collaborations, merger & acquisitions along with trending innovation and business policies are also performed in this business report. The large scale Global Nutritional Food Market report provides major statistics on the market status of global and regional manufacturers and is a helpful source of assistance and direction for companies and individuals interested in the HEALTHCARE industry.
Growing awareness regarding health globally has significantly increased the market to thrive. The pandemic made people more aware of the impact of an unhealthy lifestyle. Concerning this, the growing demand for immunity-boosting supplements and dietary supplements has enhanced the market worldwide. Mineral supplements were in much higher demand among the other nutritional foods as it helps in carrying out various functions such as maintaining muscles, bones, heart, and brain.
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Data Bridge Market Research analyses that the nutritional food market, which was USD 5.93 billion in 2022, would rise to USD 12.63 billion by 2030 and is expected to undergo a CAGR of 9.9% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Market Definition
Nutritional foods are rich in vitamins, minerals, and other important nutrients for health, and have not had much-saturated fat, added sugars, or sodium. Nutrition is the physiological and biochemical process through which an organism utilizes food to support its life. Nutrient-rich foods are known to have low sodium, bad fats, sugar, and starches. Also, they have large amounts of vitamins and minerals.
Opportunities
Plant-based foods and superfoods are being widely adopted to live and eat healthier. Several companies in the nutritional supplement industry have focused on launching a new range of products that are not just tablets but in palatable forms, such as gummies and soft chews with multiple flavors. For instance, several products, such as vitamin supplements from Frunutta, dissolve under the tongue and are helpful for people who do not desire chewing gummies or swallow pills. Thus, this factor boosts market growth.
Around 828 million people were affected by hunger in 2021, from 150 million more in 2019. The proportion of people affected by hunger continued to increase in 2021 to 9.8% of the world population. This increasing incidence rate of malnutrition is surging the higher adoption of nutritional foods that will help improve individuals’ health. Thus, this factor is helping in improving the market growth.
Recent Development
Some of the major players operating in the nutritional food market are:
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Top Key Topics Covered:
Continued…
Nutritional Food Market Scope
Product
Ingredient
Application
Indications
Fundamental Aim of this Market Report
Key highlights of this Market report:
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