A recent report published by Infinium Global Research on personalized nutrition market provides in-depth analysis of segments and sub-segments in the global as well as regional personalized nutrition market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional personalized nutrition market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global personalized nutrition market.
The market for personalized nutrition is growing in popularity as more people seek out customized diets and wellness programs. This market caters to people looking for nutrition solutions that take into account their genetic makeup, health goals, dietary preferences, and lifestyle habits. Genetic testing is a significant advancement in personalized nutrition, providing insight into potential health issues and nutrient deficiencies that impact how certain foods are metabolized. Nutrition experts can use genetic testing to create personalized nutrition plans that are more effective in helping people achieve their health goals. By analyzing DNA, genetic testing identifies particular genes related to nutrition, metabolism, and disease risk to pinpoint areas of potential nutrient deficiencies and highlight dietary changes that could help. Genetic testing plays a crucial role in personalized nutrition, offering personalized solutions that go beyond typical nutrition plans. Along with other health information, such as exercise habits, it creates a comprehensive nutrition plan that addresses all aspects of a person's health and wellness. As the market expands, there will be more options available to individuals who want to optimize their health outcomes, making it a promising time to invest in personalized nutrition.
The personalized nutrition market is driven by advancements in technology and nutritional science. Technological innovations, including genetic testing, artificial intelligence, and data analytics, are driving the personalized nutrition market. These advancements enable the analysis of individual genetic profiles, dietary habits, and health data to provide tailored nutritional recommendations. This data-driven approach enhances the understanding of how specific nutrients and diets affect individuals, allowing for more precise and personalized dietary plans, thus boosting the demand for personalized nutrition products and services. Moreover, increasing health awareness and demand for individualized wellness solutions fuels the market expansion. Growing health consciousness among consumers is a significant driver in the personalized nutrition market. Individuals are seeking more proactive ways to manage their health, focusing on personalized wellness solutions. The demand for customized nutrition arises from the desire to address specific health needs, such as weight management, sports performance, and dietary requirements for chronic conditions. This trend is bolstered by a shift in consumer preferences towards preventive healthcare, spurring the adoption of personalized nutrition as a means to achieve and maintain better health outcomes. The emphasis on tailored dietary approaches aligns with the broader movement toward individualized solutions in various aspects of health and wellness, thus propelling the personalized nutrition market forward. However, the high cost associated with personalized nutrition services and products often limits the accessibility of personalized nutrition to a broader consumer base, constraining market expansion. Furthermore, the increasing trend towards personalized nutrition, driven by the growing demand for preventive and predictive healthcare, presents significant opportunities for manufacturers in the food and nutrition industry. As consumers become more health-conscious, they are looking for customized solutions that can address their specific nutritional needs, based on their unique genetic makeup, health profile, and lifestyle factors. Manufacturers can tap into this trend by developing and offering personalized nutrition products that cater to the individual needs of their customers. They can leverage genetic testing and other advanced technologies to create customized supplements, functional foods, and beverages that provide optimal nutrition and health benefits for each individual. This approach can help differentiate their products in a highly competitive market and build customer loyalty.
North America is expected to dominate the personalized nutrition market in the upcoming forecast period owing to several key factors that create a favorable environment for its growth. One primary reason is the region's advanced healthcare infrastructure and technological innovation. North America possesses a well-established network of healthcare facilities, research institutions, and technological advancements, allowing for the development and integration of sophisticated personalized nutrition solutions. Moreover, the higher awareness and adoption of health and wellness trends in North America contribute significantly to the anticipated dominance in the personalized nutrition market. The region's population is increasingly health-conscious and is actively seeking personalized approaches to nutrition and wellness. This demand is further bolstered by a proactive consumer base that values customized health solutions, thereby driving the market's expansion. Additionally, the presence of numerous key players and startups specializing in personalized nutrition solutions in North America amplifies its dominance in this market. These companies contribute to the market's growth by introducing innovative products and services and leveraging technology for personalized nutrition, thus propelling North America as a leading force in the personalized nutrition sector. Meanwhile, the Asia Pacific region is emerging as the fastest growing region in the personalized nutrition market, driven by a burgeoning population with increased disposable income seeking tailored health and wellness solutions. Changing dietary habits and a growing emphasis on healthier lifestyles are spurring a rising demand for personalized nutrition among health-conscious individuals. Additionally, the region benefits from advancing technology and the widespread accessibility of digital platforms, facilitating the adoption of data-driven solutions and boosting the market's rapid expansion in Asia Pacific.
|Market Size in 2022||USD 10.9 Billion|
|Market Size by 2030||USD 30.16 Billion|
|Growth Rate from 2023 to 2030||CAGR of 13.60%|
|Largest Market||North America|
|No. of Pages||300|
|Market Segmentation||By Product, By Application, By Form, and By End User|
|Regional Scope||North America, Europe, Asia Pacific, and RoW|
The report on global personalized nutrition market covers segments such as product, application, form, and end user. On the basis of product, the sub-markets include dietary supplements & nutraceuticals, functional foods and beverages, sports nutrigenomics, and dna based nutrition. On the basis of application, the sub-markets include standard supplement, and disease-based. On the basis of form, the sub-markets include tablets, capsule, powder, liquids, and others. On the basis of end user, the sub-markets include direct-to-consumers, wellness and fitness centers, hospitals & clinics, institutions, and others.
The report provides profiles of the companies in the market such as Amway India Enterprises Pvt. Ltd., Herbalife International of America, Inc., Nutrigenomix, Balchem Corp., DSM, BASF SE, GNC Holdings, LLC, Nature's Sunshine Products, Inc., USANA Health Sciences, Inc., and Shaklee Corporation.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the personalized nutrition market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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