The global nutrigenomics market is forecast to grow at a compound annual growth rate (CAGR) of more than 16% during the forecast period from 2021-2030.
Nutrigenomics studies how food and food constituents affect gene expression and how genetic variations influence nutrient intake. Nutritional science aims to understand the interaction of nutrients and other dietary bioactive with the genome at a molecular level in order to determine how specific nutrients or dietary regimes may affect human health.
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Factors Affecting
- As demand increases for customized nutrition and food safety assessments, the market for nutrigenomics is rapidly expanding. Diverse developments in the global market regarding nutrition and diet have also positively impacted the nutrigenomic market. In addition, several governments around the world are supporting the market. In addition to these, the advancement in technology also contributes to its growth rate.
- The growing number of diabetics and obese people worldwide has given nutrigenomics a tremendous opportunity to grow. In addition, COVID 19 has led to an increased awareness of the importance of a nutritious diet and has provided the market with growth opportunities. Technology advancements in the healthcare industry have also contributed to the market’s growth.
- For a proper supply of nutrients in the body, a variety of supplements have existed. However, these supplements aren’t suitable for everyone, especially the elderly. In addition, some post-nutrigenomics reactions may occur. Additionally, the lack of qualified physicians and the high cost of treatment also hamper the growth of the nutrigenomics industry.
Impact Analysis of COVID-19
COVID 19, a global pandemic, has crippled economies all over the world. A large number of businesses have closed or experienced a decline in earnings. The result has been forcing economies into recession. During this period of time, it became crucial to increase the consumption of nutritious food in order to gain maximum immunity to combat this deadly virus.
After the lockdown, the nutrigenomics market showed a decline in demand early on as people became more aware of the importance of a nutritious diet. The nutrigenomics market rose in popularity. Also, nutrigenomics is growing due to the increase in diabetic patients.
Regional Overview
North America dominates the global market and holds the largest share of the global nutrigenomics market because it has such a large population that is obese and diabetic. According to various reports published by healthcare departments and institutes, 9.3% of the American population suffers from diabetes.
It is forecast that Asia-Pacific will witness significant growth in the nutrigenomics market over the coming years due to the need for functional foods and beverages. A further driver is an acceptance by the public of nutrigenomic techniques, which will propel the market’s growth in the coming years.
Leading Companies
The leading prominent companies in the global nutrigenomics market are:
- WellGen Inc. (U.S.)
- Geneus Health, LLC (U.S.)
- Metagenics, Inc. (U.S.)
- Genomix Nutrition, Inc. (U.S.)
- Nutrigenomix (U.S.)
- NutraGene (India)
- Unilever Group (U.K.)
- XCODE Life Sciences Pvt. Ltd. (India)
- DSM Corporation (Europe)
- Cura Integrative Medicine (Australia)
- GX Sciences Inc. (U.S.)
- Cell-Logic (Australia)
- Other Prominent Players
Scope of the Report
The global nutrigenomics market segmentation focuses on Product, Technique, Application, and Region.
Segmentation based on Product
- Reagents and kits
- Services
Segmentation based on Technique
- Saliva
- Buccal swab
- Blood
- Others
Segmentation based on Application
- Obesity
- Anti-aging
- Diabetes
- Chronic diseases
Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content
Chapter 1: Global Nutrigenomics Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Nutrigenomics market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Nutrigenomics Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Nutrigenomics market Size Forecast (2023-2032).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Nutrigenomics market revenues on a global, regional, and country level, projecting trends until 2032. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Nutrigenomics market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Nutrigenomics market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Nutrigenomics business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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