BRISBANE, March 29, 2023 (GLOBE NEWSWIRE) — Data Bridge Market Research completed a qualitative study titled “Nutritional Food Market” with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. The top-notch Nutritional Food market report offers an in-depth overview of product specification, technology, product type, and production analysis considering major factors such as revenue, cost, and gross margin. This market research report is an analytical assessment of the prime challenges that will arrive in the market in terms of sales, export/import, or revenue. Nutritional Food report is mainly delivered in the format of PDF and spreadsheets where PPT can also be provided depending upon the client’s request. For a market segmentation study, a market of potential customers is divided into groups or segments based on different characteristics such as end users and geographical region.
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.
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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.
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.
Opportunities
- Increasing Adaptation of Vegan Food
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.
- Increasing Prevalence of Malnutrition
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.
Fundamental Aim of Nutritional Food Market Report
In the Nutritional Food market, every company has goals, but this report focus in on the most important ones, allowing you to gain insight into the competition, the future of the market, potential new products, and other useful information that can boost your sales significantly.
- Major alterations to the Nutritional Food Market in the near future.
- Notable Market rivals around the world.
- The Nutritional Food Market’s Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
- Sales data and profiles of the world’s leading Nutritional Food Market
Some of the major players operating in the nutritional food market are:
- The Nature’s Bounty Co. (U.S.)
- RiceBran Technologies (U.S.)
- Mead Johnson & Company, LLC. (U.S.)
- Premier Nutrition Corporation (U.S.)
- TOOTSI IMPEX Inc. (Canada)
- U.S. Spice Mills, Inc. (U.S.)
- Health Food Manufacturers’ Association (U.K.)
- Herbalife International of America, Inc. (U.S.)
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Recent Development
- In 2020, Ingredion fully acquired Verdient Foods. The acquisition was made with the goal of growing net sales and increasing the manufacturing capability of Ingredion with two manufacturing facilities in Canada.
The investment made in the study would provide you access to information such as:
- Nutritional Food Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Nutritional Food Market Size
- Market Size by application/industry verticals
- Market Projections/Forecast
Key Market Segments Covered in Nutritional Food Industry Research
Product
Ingredient
- Dietary Fibres and Carbohydrates
- Prebiotics and Probiotics
Application
Indications
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Key Growth Drivers:
- Increasing Demand for Sports Nutrition
Sports nutrition is increasing due to a drifting focus toward health and fitness among the general population. Fitness enthusiasts and professional athletes are engaging themselves in endorsements and social media platforms that motivate people to stay fit and healthy. With the global population suffering more from diseases such as diabetes, obesity, and cardiovascular diseases, people are shifting towards sports and consuming sports nutritional foods that reduce the risk of getting such diseases. Thus, this factor boosts market growth.
- Increasing Influence of E-Commerce in Nutritional Foods Arena
Several dietary supplementations have been made much easier through online and retail channels. The ease of availability of nutritional foods has been a major factor driving the market. E-commerce platforms are also boosting the market’s growth because of the improved visibility of products and broader reach across all age groups and socio-economic strata. The wide adoption of e-commerce platforms has increased because of the pandemic and has further boosted market growth. Thus, this factor boosts market growth.
Nutritional Food Market Regional Analysis/Insights:
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 analysis objectives of the report are:
- To know this Market size by pinpointing its sub-sections
- To investigate the sum and estimation of this Market, contingent upon key areas
- To consider the significant players and investigate their development plans
- To investigate this Market concerning development patterns, possibilities, and furthermore their interest in the whole area
- To analyze this market size (volume and worth) from the organization, basic locales/nations, items and applications, foundation data
- Essential overall this Market fabricating organizations, to indicate, explain, and examine the item deals sum, worth, and piece of the pie, market contention scene, SWOT investigation, and improvement plans for the future.
- To analyze serious advancements, for example, extensions, courses of action, new item dispatches, and acquisitions available.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Nutritional Food Market: Regulations
- Market Overview
- Global Nutritional Food Market, By Product
- Global Nutritional Food Market, By Ingredient
- Global Nutritional Food Market, By Application
- Global Nutritional Food Market, By Indications
- Global Nutritional Food Market, By Region
- Global Nutritional Food Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
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