The Complete Nutrition Products Global Market Report 2023, provides comprehensive information on the complete nutrition products market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Complete Nutrition Products Global Market Report 2023, the global complete nutrition products market size is expected to grow from $5.22 billion in 2022 to $5.56 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global complete nutrition products market size is expected to reach $7.05 billion in 2027 at a CAGR of 6.1%.
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Product innovations are a key trend gaining popularity in the complete nutrition products market. Companies operating in complete nutrition products market are adopting new technologies to create innovative nutritional products and sustain their position in the market. For instance, in July 2021, Glanbia Nutritionals Inc., a US-based nutrition company, launched KetoSure MCT, a premium medium-chain triglyceride (MCT) oil powder that is designed to support the ketogenic diet. Glanbia Nutritionals is used as a proprietary technology of the spray-drying process to create a highly dispersible MCT oil powder that is easy to use in a variety of applications, including protein powders, meal replacement shakes, and snack bars.
The complete nutrition products market is segmented:
1) By Product: Powder, (Ready-To-Eat) RTD Shakes, Bars
2) By Distribution Channel: Supermarkets & Hypermarkets, Convenience Stores, Online, Other Channels
3) By End-User: Infant, Children, Adults, Elderly
North America was the largest region in the complete nutrition products market in 2022.
The table of contents in TBRC’s complete nutrition products market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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