Nutritional Food Market to Receive USD 12.63 Billion by 2030
Growing focus regarding fitness globally has substantially extended the marketplace to thrive. The pandemic made people more privy to the impact of an dangerous lifestyle. Regarding this, the growing demand for immunity-boosting dietary supplements and nutritional dietary supplements has improved the market worldwide. Mineral supplements were in a great deal better call for some of the different dietary ingredients because it allows in sporting out various functions which include maintaining muscle mass, bones, heart, and mind.
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Facts bridge marketplace research analyses that the dietary grocery store, which was usd five. Ninety three billion in 2022, could upward thrust to usd 12. 63 billion by 2030 and is anticipated to go through a cagr of 9.9% at some point of the forecast period 2023 to 2030. In addition to the insights on marketplace scenarios such as marketplace cost, boom rate, segmentation, geographical insurance, and primary players, the market reviews curated by using the records bridge marketplace research also consist of intensity expert evaluation, affected person epidemiology, pipeline evaluation, pricing evaluation, and regulatory framework.
The nutritional food market is analyzed and market size insights and trends are provided by product, ingredient, application, and indication as referenced above.
The countries covered in the nutritional food market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the nutritional food market because of the surge in the cases of foodborne disease outbreaks within the region. The increasing popularity of nutrient-rich food and the growing awareness associated with health and well-being are major factors driving the market.
Asia-Pacific is expected to witness significant growth due to the increasing incidence of obesity in the region. Numerous products are specially produced in the region and exported to other parts of the world, which positively impacts the growth of the market.
The nutritional food market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to nutritional food market.
Some of the major players operating in the nutritional food market are:
- Bayer AG (Germany)
- Abbott (U.S.)
- DuPont (U.S.)
- Amway (U.S.)
- The Nature's Bounty Co. (U.S.)
- GSK plc. (U.K.)
- Nestlé (Switzerland)
- RiceBran Technologies (U.S.)
- Mead Johnson & Company, LLC. (U.S.)
- Medifast, Inc. (U.S.)
- Premier Nutrition Corporation (U.S.)
- TOOTSI IMPEX Inc. (Canada)
- U.S. Spice Mills, Inc. (U.S.)
- Health Food Manufacturers' Association (U.K.)
- NOW Foods (U.S.)
- Glanbia PLC (Ireland)
- Herbalife International of America, Inc. (U.S.)
- Bionova (India)
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