The food nutrition industry is one of the key sectors covering all the elements of the production, distribution, and consumption of food products that have nutritional and health purposes. Currently, with the increase in population worldwide and greater concern for health and fitness, the demand for healthy products has increased. The industry also comprises sectors such as agriculture, food processing, dietary supplements, functional foods, and beverages.
Currently, the global food and nutrition market is approximately the size of a $10 trillion economy in 2024, and it is being planned to expand with a 6.2% CAGR from the years 2024–2030. There are a couple of reasons for this, including the increasing tendency for healthy eating, more money in people’s credit cards, as well as improvements in food processing technologies and nutrition.
The food nutrition industry is one of the key sectors covering all the elements of the production, distribution, and consumption of food products that have nutritional and health purposes. Currently, with the increase in population worldwide and greater concern for health and fitness, the demand for healthy products has increased. The industry also comprises sectors such as agriculture, food processing, dietary supplements, functional foods, and beverages.
Currently, the global food and nutrition market is approximately the size of a $10 trillion economy in 2024, and it is being planned to expand with a 6.2% CAGR from the years 2024–2030. There are a couple of reasons for this, including the increasing tendency for healthy eating, more money in people’s credit cards, as well as improvements in food processing technologies and nutrition.
The foundation of the food and health sector lies in the invention and development of food and health-enhancing supplements, which serve to supplement the food and health needs of individuals. This includes institutions that target nutrition issues, healthy eating, or particular diets whose restriction is targeted due to the age, health condition, or the food preferences of the target consumers.
Wedges, or categories of food nutrition, offer
1. Whole bulks are less processed than non-processed foods such as vegetables, fruits, and grains.
2. Farmers grow NLFs without using artificial pesticides, fertilizers, or genetic engineering.
3. Other foods: These foods contain additives that enhance their uptake and performance, making them more effective than dieting.
4. DS (Dietary Supplements) offers pills, drinks, and even powders with additional sustenance.
5. Plant-based foods replace traditional meat, tofu, farmed meat, and other plant-based products.
6. These are foodstuffs specifically designed for particular dietary plans, for instance, keto, glycine-free, or carbohydrate-limited diets.
Growth in plant-based options in the industry: There has been a significant surge in demand for plant-based animal meats, driven by strategic concerns about health and technology.
The New Law of Mechanics: automating foodserviAutomation in foodservice and consumer delivery, along with the emergence of new services such as groceries, are all contributing factors.nsing teas, and any other health-enhancing drinks.
Advanced Food Processing TeEmerging Technologies: The idea of plant-based meat substitutes, synthetic meats, and even 3D-printed foods is gaining popularity.
Healthy Living: more people are becoming interested in diets that reduce chances of illnesses and enhance longevity.
"Nutrition Personalization": Modern developments in genomics and artificial intelligence are facilitating the creation of diets specifically tailored to an individual's health.
"Green" refers to an increased focus on waste avoidance, green packaging, and vegetarianism. More consumers are requiring a
“clean label” food, containing only familiar ingredients. Fermented foods like kombucha and kefir are now getting trendy. Post-COVID times have seen an increase in the need for immunity-enhancing and/or healthy food.
1. Product Type: Includes whole foods, supplements, functional foods, beverages, and more.
2. Channel of Distribution: Includes supermarkets, speKETs, specialty outlets, e-commerce, and direct sales.
3. The end user: serves the general public,tspeople, aged people, and people adopting specific diet plans. 4. Regions: Covers North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
Nestle- The company is considered to be one of the largest food and beverage companies. Naked energy- This involves vaNaked Energy offers a wide variety of food and beverages, while Jorge Bocanegra, one of the largest companies in the world, specializes in dairy and nutrition.companies in the world, focusing more on dairy, nutrition, probiotics, and plant-based products. Create new innovative solutions and stress fitness PepsiCo is known for expanding its line of healthier snacks and beverages.d beverage options. Unilever- a leading company in food sustainability and culinary innovations. Herbalife Nutrition- the holding company- is a major player in the nutrition industry, particularly in dietary and weight loss supplements.