An emerging market analysis titled “Anticipated Trends, Drivers of Growth, and Obstacles in the Personalized Nutrition Market” has been showcased on Report Ocean.
The “Global Personalized Nutrition Market” report offers comprehensive insights into factors affecting demand, growth, opportunities, challenges, and limitations. It covers global and regional industry dynamics, including research & development, new product launches, and responses from leading players in both global and local markets. The report provides visual representations and regional breakdowns of the Personalized Nutrition Market.
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.
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product Type, Application, End Use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
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.
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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
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, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Personalized Nutrition market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Personalized Nutrition market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Personalized Nutrition market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Personalized Nutrition market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Personalized Nutrition market. It encapsulates indispensable insights extracted from the Personalized Nutrition Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global Personalized Nutrition market, including:
- What can be expected for the Personalized Nutrition market in the next decade?
- What are the primary drivers of growth in the global Personalized Nutrition market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Personalized Nutrition market vary based on the size of the end market?
- What is the breakdown of Personalized Nutrition by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Personalized Nutrition market?
Our most recent research report showcases the thriving expansion of the global Personalized Nutrition Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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