Personalized Nutrition Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Personalized Nutrition Market by region.
Global Personalized Nutrition Market is valued at approximately USD 14.6 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 11.48% over the forecast period 2022-2029.
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Personalized Nutrition also known as Precision Nutrition focuses on an individual rather than a group of people. This approach emphasizes the idea that individualizing nutritional advice, products, or services is more effective. Personalized nutrition considers an individual’s health history, such as metabolism, environmental exposure, genetic profile, and personal wellness goals. The increasing number of obese people and growing incidences of lifestyle diseases as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The increasing prevalence of obesity across the globe is contributing to the growth of the Global Personalized Nutrition Market. For instance, as per World Obesity Organization estimates – as of 2021, around 1.02 billion people worldwide are affected by obesity and as per projections around 2.7 billion adults would be overweight. Furthermore, over 1 billion affected by obesity, and 177 million adults severely affected by obesity 2025. Also, the rising popularity of availing nutritional guidance based on individual needs and increasing healthcare spending in developing regions would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Personalized Nutrition stifles the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Personalized Nutrition Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to the presence of leading market players and rising healthcare spending. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as the rising expansion of the healthcare sector and increasing awareness towards Personalized nutrition in the region.
Major market players included in this report are:
- BASF SE
- DSM
- Herbalife Nutrition Ltd.
- Amway
- DNAfit
- wellness coaches USA
- Atlas Biomed Group Limited
- Habit, LLC
- Bactolac Pharmaceutical, Inc
- Balchem Corporation
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Recent Developments in the Market:
In July 2022, South Carolina, USA-based Healthycell in partnered with Research Triangle Park-based Panaceutics Nutrition to provide on-demand creation of personalized nutrition gel formulas. These formulas would be created based on individual biomarker readings and predictive analytics.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product Type
Active Measurement
Standard Measurement
By Application
Standard Supplement
Disease Based
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By End Use
Direct-to-Consumer
Wellness and Fitness Centers
Hospital and Clinics
Institutions
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.
Our Personalized Nutrition Market Report is divided into several chapters to provide readers with a comprehensive understanding of the market.
Chapter 1 includes the scope of the report, research methodology, and other relevant information regarding the report’s contents.
Chapter 2 provides an executive summary, including the global Personalized Nutrition market size, sales and revenue, and compound annual growth rate (CAGR). It also includes the Personalized Nutrition market size by region, type, and application, historical data from 2018 to 2023, and a forecast until 2030.
Chapter 3 focuses on Personalized Nutrition market sales, revenue, average price, global market share, and industry ranking by company from 2018 to 2023.
Chapter 4 presents global Personalized Nutrition Market sales and revenue by region and country. It provides country-specific data and market value analysis for regions including the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America, and the Middle East and Africa.
Chapters 5 through 8 delve deeper into the market, focusing on sales segments by country and type for each region including the Americas, APAC, Europe, and the Middle East and Africa.
Chapter 9 analyzes current market trends, market forecasts, opportunities, and economic trends that may affect the future of the marketplace.
Chapter 10 examines the manufacturing cost structure analysis of the market.
Chapter 11 explores sales channels, distributors, and customers.
Chapter 12 presents a world forecast review for geographic regions.
Chapter 13 analyzes key players in the market.
Chapter 14 provides research findings and a conclusion.
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