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According to projections, the global market for personalized nutrition would expand from $14.9 billion in 2022 to $37.9 billion in 2030, at a CAGR of 12.48%.
One of the main factors propelling the market for personalized nutrition is the growing popularity of receiving nutritional counseling based on individual needs. The use of personalized nutrition is expected to rise as the number of obese and unwell people, along with busy lifestyles and unhealthy eating patterns, increase. A form of diet called personalized nutrition is advised for satisfying individual dietary needs. Personalized nutrition can also provide a thorough history of a person's metabolism, environmental exposure, genetic profile, personal wellness objectives, and microbiome composition.
There are numerous customized nutrition tests that can assist identify the foods that are optimal for a person's nutritional requirements, weight management goals, and fitness objectives. For instance, microbiome testing, a form of stool test that helps to identify a person's gut health, is frequently provided by various businesses. Additionally, firms like DNAFit, Nutrigenomix, and Habit are working hard and offer a variety of customized nutrition tests. Examples are the fat burner, meal planner, fitness diet pro, and muscle builder tests offered by DNAfit, a London-based health, nutrition, and fitness company. These tests call for saliva samples and provide detailed information for a unique nutrigenetic profile.
The need for customized meals and supplements has substantially expanded as people's awareness of holistic well-being grows. Individualized nutrition has become more popular as a result of greater disposable income and increased consumer health awareness. Individually tailored diets are in great demand as a result of shifting consumer preferences for health and wellness products. Due to customers becoming increasingly nutrient-specific, a genetically based tailored diet is becoming more and more popular. People are increasingly switching from generic dietary supplements to ones that are specifically tailored to their genetic makeup and address their health concerns. Consumers are increasingly seeking personalisation in their daily experiences and moving away from the "one-size-fits-all" approach as a result of changing preferences brought on by increased health awareness.
Depending on the source (natural or synthetic) and season of a component, the cost of a supplement may change dramatically. The production costs of synthetic ingredients are lower, and they don't require managing the natural sources from which the functional principles are to be taken. However, the quality of synthetic raw materials cannot compare to that of natural raw materials. Another element that may affect the ultimate price of dietary supplements is their bioavailability or the seasonality of their raw materials. The cost of producing a supplement is impacted by the fact that the majority of natural ingredients are either unavailable throughout the year or their prices may rise during specific months. Additionally, the cost of the product will almost probably increase as a result of third-party ingredient testing and certifications, such as obtaining USP certification. The price of customized supplements provided by various businesses is increased by the packaging of various supplements in various forms in various packaging materials. Additionally, the advantages of economies of scale are considerably diminished in tailored nutrition because both consumers and businesses avoid purchasing a certain type of supplement. Instead, a variety of supplements in lesser doses are used. Particularly in price-sensitive nations like South Africa and India, these customized dietary supplements' high costs may limit their appeal.
Numerous industries were negatively impacted by COVID-19. However, the market for customized nutrition saw a tremendous expansion throughout this time. The majority of the public showed a significant interest in adopting healthy diets during the lockdown that the government imposed to stop the spread of the coronavirus sickness. With the rise in health difficulties, people are using nutritional supplements to boost their immunity. The market will continue to grow in the post-pandemic environment due to the increased emphasis on good health.
During the COVID-19 epidemic, the industry for individualized nutrition has seen positive results. Additionally, according to an article by the American Nutrition Association, personalized nutrition is seen as the first line of defense against many diseases such as diabetes, hypertension, and cardiovascular disease. As a result, there has been a significant increase in demand for this type of nutrition. Numerous businesses have improved their technology sector as a result of investing a significant portion of their revenue in research and development efforts in response to the ongoing rise in COVID-19 infection cases around the globe. For instance, the demand for vitamins, minerals, and supplements has increased along with a growing focus on health and immunity, which is expected to fuel the demand for customized nutrition during the pandemic, according to L.E.K. Consulting, a global management consulting firm, in May 2020.
Report Coverage
Global Personalized Nutrition research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Personalized Nutrition report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Personalized Nutrition competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Personalized Nutrition market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Personalized Nutrition market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Personalized Nutrition market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE (Germany), DSM (Netherlands), Herbalife Nutrition (US), Amway (US), DNAfit (UK), Wellness Coaches (US), Atlas Biomed Group Ltd (UK), Noho Health Inc. (US), Habit Food Personalized, LLC (US), Persona (US), Bactolac Pharmaceutical, Inc. (US), Balchem Corporation (US), Foodsmart (US), DNAlysis (South Africa), Wellcome Trust Sanger Institute Morgan Building (UK), DayTwo Ltd. (Israel), BiogeniQ Inc. (Canada), Helix (India), Segterra, Inc. (US).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Personalized Nutrition market based on the below-mentioned segments:
Global Personalized Nutrition Market, By Product Type
Active Measurement
Standard Measurement
Global Personalized Nutrition market, By Application
Standard Supplement
Disease Based
Global Personalized Nutrition Market, By End User
Direct-to-Consumer
Wellness and Fitness Centers
Hospital and Clinics
Institutions
Global Personalized Nutrition market, Regional Analysis
One of the main factors propelling the market for personalized nutrition is the growing popularity of receiving nutritional counseling based on individual needs. The use of personalized nutrition is expected to rise as the number of obese and unwell people, along with busy lifestyles and unhealthy eating patterns, increase. A form of diet called personalized nutrition is advised for satisfying individual dietary needs. Personalized nutrition can also provide a thorough history of a person's metabolism, environmental exposure, genetic profile, personal wellness objectives, and microbiome composition.
There are numerous customized nutrition tests that can assist identify the foods that are optimal for a person's nutritional requirements, weight management goals, and fitness objectives. For instance, microbiome testing, a form of stool test that helps to identify a person's gut health, is frequently provided by various businesses. Additionally, firms like DNAFit, Nutrigenomix, and Habit are working hard and offer a variety of customized nutrition tests. Examples are the fat burner, meal planner, fitness diet pro, and muscle builder tests offered by DNAfit, a London-based health, nutrition, and fitness company. These tests call for saliva samples and provide detailed information for a unique nutrigenetic profile.
The need for customized meals and supplements has substantially expanded as people's awareness of holistic well-being grows. Individualized nutrition has become more popular as a result of greater disposable income and increased consumer health awareness. Individually tailored diets are in great demand as a result of shifting consumer preferences for health and wellness products. Due to customers becoming increasingly nutrient-specific, a genetically based tailored diet is becoming more and more popular. People are increasingly switching from generic dietary supplements to ones that are specifically tailored to their genetic makeup and address their health concerns. Consumers are increasingly seeking personalisation in their daily experiences and moving away from the "one-size-fits-all" approach as a result of changing preferences brought on by increased health awareness.
Depending on the source (natural or synthetic) and season of a component, the cost of a supplement may change dramatically. The production costs of synthetic ingredients are lower, and they don't require managing the natural sources from which the functional principles are to be taken. However, the quality of synthetic raw materials cannot compare to that of natural raw materials. Another element that may affect the ultimate price of dietary supplements is their bioavailability or the seasonality of their raw materials. The cost of producing a supplement is impacted by the fact that the majority of natural ingredients are either unavailable throughout the year or their prices may rise during specific months. Additionally, the cost of the product will almost probably increase as a result of third-party ingredient testing and certifications, such as obtaining USP certification. The price of customized supplements provided by various businesses is increased by the packaging of various supplements in various forms in various packaging materials. Additionally, the advantages of economies of scale are considerably diminished in tailored nutrition because both consumers and businesses avoid purchasing a certain type of supplement. Instead, a variety of supplements in lesser doses are used. Particularly in price-sensitive nations like South Africa and India, these customized dietary supplements' high costs may limit their appeal.
Numerous industries were negatively impacted by COVID-19. However, the market for customized nutrition saw a tremendous expansion throughout this time. The majority of the public showed a significant interest in adopting healthy diets during the lockdown that the government imposed to stop the spread of the coronavirus sickness. With the rise in health difficulties, people are using nutritional supplements to boost their immunity. The market will continue to grow in the post-pandemic environment due to the increased emphasis on good health.
During the COVID-19 epidemic, the industry for individualized nutrition has seen positive results. Additionally, according to an article by the American Nutrition Association, personalized nutrition is seen as the first line of defense against many diseases such as diabetes, hypertension, and cardiovascular disease. As a result, there has been a significant increase in demand for this type of nutrition. Numerous businesses have improved their technology sector as a result of investing a significant portion of their revenue in research and development efforts in response to the ongoing rise in COVID-19 infection cases around the globe. For instance, the demand for vitamins, minerals, and supplements has increased along with a growing focus on health and immunity, which is expected to fuel the demand for customized nutrition during the pandemic, according to L.E.K. Consulting, a global management consulting firm, in May 2020.
Report Coverage
Global Personalized Nutrition research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Personalized Nutrition report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Personalized Nutrition competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Personalized Nutrition market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | BASF SE (Germany), DSM (Netherlands), Herbalife Nutrition (US), Amway (US), DNAfit (UK), Wellness Coaches (US), Atlas Biomed Group Ltd (UK), Noho Health Inc. (US), Habit Food Personalized, LLC (US), Persona (US), Bactolac Pharmaceutical, Inc. (US), Balchem Corporation (US), Foodsmart (US), DNAlysis (South Africa), Wellcome Trust Sanger Institute Morgan Building (UK), DayTwo Ltd. (Israel), BiogeniQ Inc. (Canada), Helix (India), Segterra, Inc. (US). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Personalized Nutrition Market from 2021 to 2030.
- Market Forecast for Personalized Nutrition Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Personalized Nutrition competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Personalized Nutrition
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Personalized Nutrition market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Personalized Nutrition market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE (Germany), DSM (Netherlands), Herbalife Nutrition (US), Amway (US), DNAfit (UK), Wellness Coaches (US), Atlas Biomed Group Ltd (UK), Noho Health Inc. (US), Habit Food Personalized, LLC (US), Persona (US), Bactolac Pharmaceutical, Inc. (US), Balchem Corporation (US), Foodsmart (US), DNAlysis (South Africa), Wellcome Trust Sanger Institute Morgan Building (UK), DayTwo Ltd. (Israel), BiogeniQ Inc. (Canada), Helix (India), Segterra, Inc. (US).
Primary Target Market
- Market Players of Personalized Nutrition
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Personalized Nutrition market based on the below-mentioned segments:
Global Personalized Nutrition Market, By Product Type
Active Measurement
Standard Measurement
Global Personalized Nutrition market, By Application
Standard Supplement
Disease Based
Global Personalized Nutrition Market, By End User
Direct-to-Consumer
Wellness and Fitness Centers
Hospital and Clinics
Institutions
Global Personalized Nutrition market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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