Global Nutrition Market Trends on Food Technology Conference 2023

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Longdom Conferences provide the best platform for speakers and offer delegates the opportunity to share their ideas and do exclusive networking among them. We are pleased to welcome you to attend and associate with us at the “6th International Conference on  Food Technology and Nutrition”. This will be one of the leading Food Technology Conferences  in New York, USA. These Food Technology Conferences and Nutrition Meetings will focus on the theme "Innovations in Food Nutrition and Shelf Life ”. The aim is to engage, empower, evolve and explore knowledge among both academicians and industry personnel. The goal of Longdom Conferences is to bring together scientists at every level from diverse disciplines to understand and discuss throughout the programmed sessions and comfortable gatherings. All these Opportunities will the Support  Professional growth of younger scientists that will promote future collaborations and enhance participation and contribution to their exciting research work.

Market Analysis of Nutrition Trends on Food Technology

Market of food and Nutrition supplements market has seen a phenomenal spike in manufacture and sales. This has empowered various new Industries to dive into the business sector with goods that guarantee to be the remedy for youth, wellbeing, and essentialness. As directed by the Nutritional journals, the nutritional supplement market worldwide is estimated to be $104 billion. Sports nutrition consumers in Italy are becoming increasingly educated about the different types of products available and their aims. While, initially, consumers’ main concerns were to build up muscle and hence they opted for sports protein, they are now becoming increasingly aware of the efficacy of products positioned for energy increase, endurance, recovery and strength. In Italy foodservice market is likely to witness a CAGR of 1.24% during the forecast period (2019 - 2024).

The Global agricultural industry market is estimated to be about $8.7 trillion according to the Plunkett Research estimate. Global Food Export alone is estimated at around $1.47 trillion in 2017 according to the world trade organization. The cost of food varies in every region which makes it a bit difficult to learn about. It varies due to various factors which include location, Food manufacturing industries, food transportation, food storage and climate. As per the demand, Fast food industry is also growing at an alarming rate. The fast food industry includes processing, development, branding and advertising. As shown in the figure, the fast food industry is expected to grow at a CAGR of 5.5% from 2016 to 2024. It mostly is due to the changes in eating habits of most of the people.

Globally, Fast food generates around $550 billion dollars and it is assumed that around 2 million people work in the fast food industry. Due to poor diet habits and poor diet choices, most people suffer from nutritional deficiencies and disorders. While Canada, Singapore and other European countries spend relatively less portion of their income on food equatorial countries like India, Pakistan and Africa spend relatively more portion of their income on food.

The retail grocery industry in the US alone makes around $650 billion in revenue in 2018 according to the U.S. Department of the census.

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