
Nutritional Food Market
- Reports Overview
- Table Of Content
- Research Methodology
The global nutritional food market is expected to grow from USD 5.61 billion in 2022 to USD 13.18 billion by 2032, at a CAGR of 8.92% during the forecast period 2023-2032. North America dominated the market in 2022.
1. Introduction
1.1. Objectives of the
Study
1.2. Market Definition
1.3. Research
Scope
1.4. Currency
1.5. Key Target
Audience
2. Research Methodology and Assumptions
3. Executive
Summary
4. Premium Insights
4.1.
Porter’s Five Forces Analysis
4.2. Value Chain
Analysis
4.3. Top Investment
Pockets
4.3.1. Market Attractiveness
Analysis by Ingredient
4.3.2. Market
Attractiveness Analysis by
Products
4.3.3. Market Attractiveness
Analysis by Application
4.3.4. Market
Attractiveness Analysis by
Form
4.3.5. Market Attractiveness
Analysis by Region
4.4. Industry Trends
5. Market
Dynamics
5.1. Market
Evaluation
5.2.
Drivers
5.2.1. Increasing use of
nutritional food in various form
5.3.
Restraints
5.3.1. Fluctuating cost of
raw materials
5.4.
Opportunities
5.4.1. Increasing
investment in sports nutrition industry
5.5.
Challenges
5.5.1. Stringent
regulations for approval
6. Global Nutritional Food Market Analysis and Forecast, By
Ingredient
6.1. Segment
Overview
6.2. Dietary Fibers
6.3.
Minerals
6.4. Prebiotics and Probiotics
6.5.
Fatty Acid
6.6. Carotenoids
6.7.
Carbohydrates
6.8. Anti-Oxidants
6.9.
Protein
6.1. Others
7. Global Nutritional Food Market
Analysis and Forecast, By Products
7.1. Segment
Overview
7.2. Dairy Products
7.3. Plant-based
Products
7.4. Meat Products
7.5. Bakery and
Cereals
7.6. Oils and Fats
7.7.
Others
8. Global Nutritional Food Market Analysis and Forecast, By
Application
8.1. Segment
Overview
8.2. Weight Management
8.3. Sports
Nutrition
8.4. Digestive Health
8.5.
Pediatric
8.6. Clinical Nutrition
8.7.
Others
9. Global Nutritional Food Market Analysis and Forecast, By
Form
9.1. Segment Overview
9.2.
Organic
9.3. Conventional
10. Global Nutritional Food
Market Analysis and Forecast, By Regional Analysis
10.1.
Segment Overview
10.2. North
America
10.2.1.
U.S.
10.2.2.
Canada
10.2.3.
Mexico
10.3.
Europe
10.3.1.
Germany
10.3.2.
France
10.3.3.
U.K.
10.3.4.
Italy
10.3.5.
Spain
10.4.
Asia-Pacific
10.4.1.
Japan
10.4.2.
China
10.4.3.
India
10.5. South
America
10.5.1.
Brazil
10.6. Middle East and
Africa
10.6.1.
UAE
10.6.2. South
Africa
11. Global Nutritional Food Market-Competitive
Landscape
11.1. Overview
11.2.
Market Share of Key Players in the Nutritional Food
Market
11.2.1. Global Company Market
Share
11.2.2. North America Company
Market Share
11.2.3. Europe Company
Market Share
11.2.4. APAC Company
Market Share
11.3. Competitive Situations and
Trends
11.3.1. Product Launches and
Developments
11.3.2. Partnerships,
Collaborations, and
Agreements
11.3.3. Mergers &
Acquisitions
11.3.4.
Expansions
12. Company Profiles
12.1. Bayer
AG
12.1.1. Business
Overview
12.1.2. Company
Snapshot
12.1.3. Company Market Share
Analysis
12.1.4. Company Product
Portfolio
12.1.5. Recent
Developments
12.1.6. SWOT
Analysis
12.2.
DuPont
12.2.1. Business
Overview
12.2.2. Company
Snapshot
12.2.3. Company Market Share
Analysis
12.2.4. Company Product
Portfolio
12.2.5. Recent
Developments
12.2.6. SWOT
Analysis
12.3.
Abbott
12.3.1. Business
Overview
12.3.2. Company
Snapshot
12.3.3. Company Market Share
Analysis
12.3.4. Company Product
Portfolio
12.3.5. Recent
Developments
12.3.6. SWOT
Analysis
12.4.
Amway
12.4.1. Business
Overview
12.4.2. Company
Snapshot
12.4.3. Company Market Share
Analysis
12.4.4. Company Product
Portfolio
12.4.5. Recent
Developments
12.4.6. SWOT
Analysis
12.5. GSK
plc.
12.5.1. Business
Overview
12.5.2. Company
Snapshot
12.5.3. Company Market Share
Analysis
12.5.4. Company Product
Portfolio
12.5.5. Recent
Developments
12.5.6. SWOT
Analysis
12.6. The Nature’s Bounty
Co.
12.6.1. Business
Overview
12.6.2. Company
Snapshot
12.6.3. Company Market Share
Analysis
12.6.4. Company Product
Portfolio
12.6.5. Recent
Developments
12.6.6. SWOT
Analysis
12.7.
Nestlé
12.7.1. Business
Overview
12.7.2. Company
Snapshot
12.7.3. Company Market Share
Analysis
12.7.4. Company Product
Portfolio
12.7.5. Recent
Developments
12.7.6. SWOT
Analysis
12.8. Mead Johnson & Company,
LLC.
12.8.1. Business
Overview
12.8.2. Company
Snapshot
12.8.3. Company Market Share
Analysis
12.8.4. Company Product
Portfolio
12.8.5. Recent
Developments
12.8.6. SWOT
Analysis
12.9. RiceBran
Technologies
12.9.1. Business
Overview
12.9.2. Company
Snapshot
12.9.3. Company Market Share
Analysis
12.9.4. Company Product
Portfolio
12.9.5. Recent
Developments
12.9.6. SWOT
Analysis
12.10. Medifast,
Inc.
12.10.1. Business
Overview
12.10.2. Company
Snapshot
12.10.3. Company Market
Share Analysis
12.10.4. Company
Product Portfolio
12.10.5. Recent
Developments
12.10.6. SWOT
Analysis
12.11. TOOTSI IMPEX
Inc.
12.11.1. Business
Overview
12.11.2. Company
Snapshot
12.11.3. Company Market
Share Analysis
12.11.4. Company
Product Portfolio
12.11.5. Recent
Developments
12.11.6. SWOT
Analysis
12.12. Premier Nutrition
Corporation
12.12.1. Business
Overview
12.12.2. Company
Snapshot
12.12.3. Company Market
Share Analysis
12.12.4. Company
Product Portfolio
12.12.5. Recent
Developments
12.12.6. SWOT
Analysis
12.13. Health Food Manufacturers’ Association
U.S.
12.13.1. Business
Overview
12.13.2. Company
Snapshot
12.13.3. Company Market
Share Analysis
12.13.4. Company
Product Portfolio
12.13.5. Recent
Developments
12.13.6. SWOT
Analysis
12.14. Spice Mills,
Inc.
12.14.1. Business
Overview
12.14.2. Company
Snapshot
12.14.3. Company Market
Share Analysis
12.14.4. Company
Product Portfolio
12.14.5. Recent
Developments
12.14.6. SWOT
Analysis
12.15. NOW
Foods
12.15.1. Business
Overview
12.15.2. Company
Snapshot
12.15.3. Company Market
Share Analysis
12.15.4. Company
Product Portfolio
12.15.5. Recent
Developments
12.15.6. SWOT
Analysis
12.16. Glanbia
PLC
12.16.1. Business
Overview
12.16.2. Company
Snapshot
12.16.3. Company Market
Share Analysis
12.16.4. Company
Product Portfolio
12.16.5. Recent
Developments
12.16.6. SWOT
Analysis
12.17.
Bionova
12.17.1. Business
Overview
12.17.2. Company
Snapshot
12.17.3. Company Market
Share Analysis
12.17.4. Company
Product Portfolio
12.17.5. Recent
Developments
12.17.6. SWOT
Analysis
12.18. Herbalife International of America,
Inc.
12.18.1. Business
Overview
12.18.2. Company
Snapshot
12.18.3. Company Market
Share Analysis
12.18.4. Company
Product Portfolio
12.18.5. Recent
Developments
12.18.6. SWOT Analysis
List of Table
1. Global Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
2. Global Dietary Fibers, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
3. Global Minerals, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
4. Global Prebiotics and Probiotics, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
5. Global Fatty Acid, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
6. Global Carotenoids, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
7. Global Carbohydrates, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
8. Global Anti-Oxidants, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
9. Global Protein, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
10. Global Others, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
11. Global Nutritional Food Market, By Products, 2019-2032 (USD Billion)
12. Global Dairy Products, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
13. Global Plant-based Products, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
14. Global Meat Products, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
15. Global Bakery and Cereals, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
16. Global Oils and Fats, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
17. Global Others, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
18. Global Nutritional Food Market, By Application, 2019-2032 (USD Billion)
19. Global Weight Management, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
20. Global Sports Nutrition, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
21. Global Digestive Health, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
22. Global Pediatric, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
23. Global Clinical Nutrition, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
24. Global Others, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
25. Global Nutritional Food Market, By Form, 2019-2032 (USD Billion)
26. Global Organic, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
27. Global Conventional, Nutritional Food Market, By Region, 2019-2032 (USD Billion)
28. Global Nutritional Food Market, By Region, 2019-2032 (USD Billion)
29. North America Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
30. North America Nutritional Food Market, By Products, 2019-2032 (USD Billion)
31. North America Nutritional Food Market, By Application, 2019-2032 (USD Billion)
32. North America Nutritional Food Market, By Form, 2019-2032 (USD Billion)
33. U.S. Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
34. U.S. Nutritional Food Market, By Products, 2019-2032 (USD Billion)
35. U.S. Nutritional Food Market, By Application, 2019-2032 (USD Billion)
36. U.S. Nutritional Food Market, By Form, 2019-2032 (USD Billion)
37. Canada Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
38. Canada Nutritional Food Market, By Products, 2019-2032 (USD Billion)
39. Canada Nutritional Food Market, By Application, 2019-2032 (USD Billion)
40. Canada Nutritional Food Market, By Form, 2019-2032 (USD Billion)
41. Mexico Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
42. Mexico Nutritional Food Market, By Products, 2019-2032 (USD Billion)
43. Mexico Nutritional Food Market, By Application, 2019-2032 (USD Billion)
44. Mexico Nutritional Food Market, By Form, 2019-2032 (USD Billion)
45. Europe Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
46. Europe Nutritional Food Market, By Products, 2019-2032 (USD Billion)
47. Europe Nutritional Food Market, By Application, 2019-2032 (USD Billion)
48. Europe Nutritional Food Market, By Form, 2019-2032 (USD Billion)
49. Germany Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
50. Germany Nutritional Food Market, By Products, 2019-2032 (USD Billion)
51. Germany Nutritional Food Market, By Application, 2019-2032 (USD Billion)
52. Germany Nutritional Food Market, By Form, 2019-2032 (USD Billion)
53. France Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
54. France Nutritional Food Market, By Products, 2019-2032 (USD Billion)
55. France Nutritional Food Market, By Application, 2019-2032 (USD Billion)
56. France Nutritional Food Market, By Form, 2019-2032 (USD Billion)
57. U.K. Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
58. U.K. Nutritional Food Market, By Products, 2019-2032 (USD Billion)
59. U.K. Nutritional Food Market, By Application, 2019-2032 (USD Billion)
60. U.K. Nutritional Food Market, By Form, 2019-2032 (USD Billion)
61. Italy Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
62. Italy Nutritional Food Market, By Products, 2019-2032 (USD Billion)
63. Italy Nutritional Food Market, By Application, 2019-2032 (USD Billion)
64. Italy Nutritional Food Market, By Form, 2019-2032 (USD Billion)
65. Spain Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
66. Spain Nutritional Food Market, By Products, 2019-2032 (USD Billion)
67. Spain Nutritional Food Market, By Application, 2019-2032 (USD Billion)
68. Spain Nutritional Food Market, By Form, 2019-2032 (USD Billion)
69. Asia Pacific Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
70. Asia Pacific Nutritional Food Market, By Products, 2019-2032 (USD Billion)
71. Asia Pacific Nutritional Food Market, By Application, 2019-2032 (USD Billion)
72. Asia Pacific Nutritional Food Market, By Form, 2019-2032 (USD Billion)
73. Japan Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
74. Japan Nutritional Food Market, By Products, 2019-2032 (USD Billion)
75. Japan Nutritional Food Market, By Application, 2019-2032 (USD Billion)
76. Japan Nutritional Food Market, By Form, 2019-2032 (USD Billion)
77. China Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
78. China Nutritional Food Market, By Products, 2019-2032 (USD Billion)
79. China Nutritional Food Market, By Application, 2019-2032 (USD Billion)
80. China Nutritional Food Market, By Form, 2019-2032 (USD Billion)
81. India Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
82. India Nutritional Food Market, By Products, 2019-2032 (USD Billion)
83. India Nutritional Food Market, By Application, 2019-2032 (USD Billion)
84. India Nutritional Food Market, By Form, 2019-2032 (USD Billion)
85. South America Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
86. South America Nutritional Food Market, By Products, 2019-2032 (USD Billion)
87. South America Nutritional Food Market, By Application, 2019-2032 (USD Billion)
88. South America Nutritional Food Market, By Form, 2019-2032 (USD Billion)
89. Brazil Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
90. Brazil Nutritional Food Market, By Products, 2019-2032 (USD Billion)
91. Brazil Nutritional Food Market, By Application, 2019-2032 (USD Billion)
92. BrazilNutritional Food Market, By Form, 2019-2032 (USD Billion)
93. Middle East and Africa Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
94. Middle East and Africa Nutritional Food Market, By Products, 2019-2032 (USD Billion)
95. Middle East and Africa Nutritional Food Market, By Application, 2019-2032 (USD Billion)
96. Middle East and Africa Nutritional Food Market, By Form, 2019-2032 (USD Billion)
97. UAE Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
98. UAE Nutritional Food Market, By Products, 2019-2032 (USD Billion)
99. UAE Nutritional Food Market, By Application, 2019-2032 (USD Billion)
100. UAE Nutritional Food Market, By Form, 2019-2032 (USD Billion)
101. South Africa Nutritional Food Market, By Ingredient, 2019-2032 (USD Billion)
102. South Africa Nutritional Food Market, By Products, 2019-2032 (USD Billion)
103. South Africa Nutritional Food Market, By Application, 2019-2032 (USD Billion)
104. South Africa Nutritional Food Market, By Form, 2019-2032 (USD Billion)
List of Figures
1. Global Nutritional Food Market Segmentation
2. Nutritional Food Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Nutritional Food Market Attractiveness Analysis by Ingredient
9. Global Nutritional Food Market Attractiveness Analysis by Products
10. Global Nutritional Food Market Attractiveness Analysis by Application
11. Global Nutritional Food Market Attractiveness Analysis by Form
12. Global Nutritional Food Market Attractiveness Analysis by Region
13. Global Nutritional Food Market: Dynamics
14. Global Nutritional Food Market Share by Ingredient (2022 & 2032)
15. Global Nutritional Food Market Share by Products (2022 & 2032)
16. Global Nutritional Food Market Share by Application (2022 & 2032)
17. Global Nutritional Food Market Share by Form (2022 & 2032)
18. Global Nutritional Food Market Share by Regions (2022 & 2032)
19. Global Nutritional Food Market Share by Company (2022)
Research Methodology
Grand View Research employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation that looks market from three different perspectives. Critical elements of methodology employed for all our studies include:
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of technology landscape, regulatory frameworks, economic outlook and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
• Market drivers and restrains, along with their current
and expected impact
• Raw material scenario and supply v/s price trends
• Regulatory scenario and expected developments
• Current capacity and
expected capacity additions up to 2030
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Primary validation
This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, on face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation, but also provide critical insights into the market, current business scenario and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
• Market leading companies
• Raw
material suppliers
• Product distributors
• Buyers
The key objectives of primary research are as follows:
• To validate our data in terms of accuracy and
acceptability
• To gain an insight in to the current market and future
expectations
Data Collection Matrix
Perspective |
Primary research |
Secondary research |
Supply side |
|
|
Demand side |
|
|
Industry Analysis
Matrix
Qualitative analysis |
Quantitative analysis |
|
|
Nutritional Food Market Size, by Ingredients (Dietary Fibers, Minerals, Prebiotics and Probiotics, Fatty Acid, Carotenoids, Carbohydrates, Anti-Oxidants, Protein and Others), Products (Dairy Products, Plant-based Products, Meat Products, Bakery and Cereals, Oils and Fats, and Others), Application (Weight Management, Sports Nutrition, Digestive Health, Pediatric, Clinical Nutrition and Others), Form (Organic and Conventional), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2023 to 2032
Market Introduction:
Nutritional foods are high in nutrients and low in salt, sugar, carbohydrates, etc. They are low in calories and high in minerals and vitamins. Micronutrients, such as minerals and vitamins, are necessary for human health. They provide their body with what it needs to stay healthy. They can lower their risk of developing chronic illnesses. The body can absorb them adequately if the consumer gets them through meals. An anti-inflammatory diet is another way to characterize a nutrient-dense diet, essential for avoiding risk factors for chronic diseases like high blood pressure, heart disease, obesity and diabetes. Nutrient-dense foods are natural and unprocessed instead of synthetic, artificial, or chemically processed foods.
Market Dynamics:
Drivers
Increasing nutritional food requirement due to changing lifestyle: Every person must build a healthy lifestyle and consume nutritional food, which can help fulfil their macro and micronutrient requirements. An excellent nutritional meal plan aids in lowering the risk of developing chronic disorders such as cardiovascular disease, diabetes, and other cancers. It even helps in achieving a healthy body weight. A person’s general health and well-being depend on having a good diet, regular exercise, and maintaining a healthy weight. The patients are aware that they must consume macro and micronutrients to prevent any chronic disease at later ages. Research studies suggest that most consumers can reduce some of these risks by consuming nutritional food and maintaining an active lifestyle.
Restraints:
Fluctuating prices of raw materials– Various raw materials are used in nutritional food to deliver essential vitamins, protein, minerals, etc., to the body. The fluctuating price of these raw materials dramatically impacts the nutritional food market. As the prices of raw materials increase, the total cost of the product also increases, which decreases the demand. Thus, the constant fluctuation in the price of raw materials is hindering market growth.
Opportunities:
Rising investment in the sports and fitness industry– The expansion of the sports and fitness industry has provided a lucrative opportunity for the nutritional food market. With the industry’s growth, the focus on nutrition has also increased. The rise in sports events worldwide has emphasized the use of fibrous foods. Additionally, people worldwide have become more aware of their health owing to the increase in chronic diseases and, thus, are also adopting a healthy lifestyle. So, fitness enthusiasts and athletes increasingly demand plant and animal-based protein products as it eases the process of digestion. Also, nutritional food has been found to provide more energy to the sportsman. It also has lower fat and more fibre, which is essential for people engaged in heavy exercise. As a result, high-end supplements require nutritional ingredients, further fuelling the nutritional food market.
Challenges:
Stringent regulations for product approval– Nutritional foods are used in different medical usage and supplement application. These regulations must pass strictly regulations of concerned agencies and provide a list of all the ingredients used to manufacture nutritional food products. The nutritional food manufacturing company should adhere to the given regulations to be launched in the market.
Regional segmentation analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most significant global nutritional food market, with a revenue share of 34.02% in 2022. The region has a high market growth rate due to the growing awareness among the local population. Investment in the functional food and beverage industry will drive the North American market. The increased focus on research adoption of the plant-based supplement will lead to higher usage of nutritional food. The Asia-Pacific region is anticipated to grow lucratively during the forecast period. The increasing incidence of obesity will likely provide more growth opportunities to the nutritional food market in the region.
Ingredient Segment Analysis
The ingredient segment is divided into dietary fibre, minerals, prebiotics and probiotics, fatty acid, carotenoids, carbohydrates, anti-oxidants, protein, etc. The dietary fibre segment dominated the market with a revenue share of 28.11% in 2022. The amount of food originating from plants that can’t be entirely broken down by digestive enzymes in humans is known as dietary fibre or roughage. Dietary fibres have a wide range of chemical compositions.
Product Segment Analysis
The product segment includes dairy products, plant-based products, meat products, bakery and cereals, oils and fats, and others. The dairy products segment dominated the market with a revenue share of 31.92% in 2022. Consumers now want to use dairy enzymes in items in various products. According to the survey, many consumers believe dairy enzymes can help gut health. The consumption of dairy food products has increased owing to the rising demand.
Application Segment Analysis
The application segment includes weight management, sports nutrition, digestive health, pediatric, clinical nutrition and others. The sports nutrition segment dominated the market with a revenue share of 32.05% in 2022. Nutritional food is required to ensure adequate nutrition for sports persons. Sports nutrition focuses its research on the kind and amount of food and water athletes consume. It also covers ingesting organic substances like carbs, proteins, lipids, and nutrients like minerals and vitamins.
Form Segment Analysis
The form segment includes organic and conventional. The conventional segment dominated the market with a revenue share of 63.92% in 2022. Conventional nutritional food is readily available and is well-known among consumers. Conventional nutritional foods contain several types of micro and macronutrients required for consumers.
Some of the Key Market Players:
- Bayer AG
- DuPont
- Abbott
- Amway
- GSK plc.
- The Nature’s Bounty Co.
- Nestlé
- Mead Johnson & Company, LLC.
- RiceBran Technologies
- Medifast, Inc.
- TOOTSI IMPEX Inc.
- Premier Nutrition Corporation
- Health Food Manufacturers’ Association
- U.S. Spice Mills, Inc.
- NOW Foods
- Glanbia PLC
- Bionova
- Herbalife International of America, Inc.
ASK FOR SAMPLE
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client
Get A SampleReport Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Billion) |
Market size value in 2022 | USD 5.61 Billion |
Market size value in 2032 | USD 13.18 Billion |
CAGR (2023 to 2032) | 8.92% |
Historical data | 2019-2021 |
Base Year | 2022 |
Forecast | 2023-2032 |
Regional Segments | The regions examined for the market are Europe, Asia Pacific, North America, South America, and Middle East & Africa. |
Segments | The research segment is based on ingredients, product, application, and form. |