What is Nutrition Products Market?
Nutrition products provide appropriate quantity of nutrients such as vitamins, protein, mineral which helps to retain energy balance and good health by improving digestion, metabolisms, absorption, transportation, storage and discharge from human body. Escalating product lines in nutrition markets, a stable infant birth rate, an elderly population and several other factor are driving sales for clinical nutritional product. In addition development in follow- up formulas, advanced products and other organic formulas are projected to drive the sales over forecast period. Emerging economies are projected to dominate the world nutrition product market. Growing research and development and alertness about association of health and nutrition would help nutrition market to grow in the long-standing.
The market study is being classified by Type (Clinical Nutrition, Infant Nutrition, Eternal Nutrition, Parental Nutrition and Others), by Application (Immunity,, Cardiac Health and Others) and major geographies with country level break-up. According to AMA, the Global Nutrition Products market is expected to see growth rate of 8.92%
American Home Patient (United States), Nutricia North America (United States), Metrx (United States), Abbott Nutrition (United States), ESSNA (United States), AdvoCare (United States), Nestle HealthCare Nutrition (United States), Ajinomoto Health and Nutrition, North America (United States), Now Sports (United States), EAS (United States), Optimum (United States) and Endura (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Hammer Nutrition (Whitefish, MT), Amway (United States) and Complete Nutrition (United States).
Though the market is fragmented, Nutritional product market is expected to grow for the forecasted period owing to increasing health Consciousness among working professionals Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Nutrition Products market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Nutrition Products market by Type, Application and Region.
On the basis of geography, the market of Nutrition Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Development in Nutritional science
- Increasing Health Consciousness across Globe
Market Trend
- Rising Awareness for Weight Management
- Emphasizing on Organic dietary Nutrition Products
Restraints
- Side Effect of Synthetic Supplement on Health
- High Cost Associated with Nutrition Protein
Opportunities
- Growing Research on Botanical Dietary Nutritional Products
- Increasing Number of Customers Interested in Health and Wellness
Challenges
- The dominance of Local Players
Market players are focusing on the production of organic nutritional products with no side effect owing to growing consumer preference for herbal protein products.
Key Target Audience
Health and Wellness Institutes, Sports and Gymnasium Institutes, Research Institute, Government bodies, Business research and consulting firms and Others