An analytical analysis on the worldwide nutrigenomics industry, highlighting considerable development opportunities in the years to come, has been released by a reputable market research agency. The market is anticipated to increase at a healthy compound annual growth rate (CAGR) of 15.2% from 2021 to 2031, valuing the market at $2,691.3 million by that time.
The astounding developments in nutritional and medical technologies are what are principally responsible for the market growth. The study of the effects of genetic variants on a person’s response to particular foods is called nutrigenomics, which merges the sciences of nutrition and genomics. Personalised nutrition and its impact on health can now be better understood thanks to cutting-edge technologies that make it possible to analyse DNA and gene expression. As a result, nutrigenomics research and development have increased dramatically, driving up market growth.
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The importance of the link between nutrition, genes, and health outcomes has also come to light due to the rising prevalence of disorders including obesity and lifestyle-related illnesses. People are looking for individualised approaches to diet and nutrition as the prevalence of diseases including diabetes, cardiovascular disorders, and some types of cancer rises. By using nutrigenomics, it may be possible to create individualised meal programmes based on a person’s genetic profile, maximising their nutrient intake and lowering their risk of disease. The desire for personalised nutrition solutions is rising, which is fueling the growth of the nutrigenomics market.
The in-depth market research study offers useful insights into the market’s present trends, competitive environment, and growth possibilities. The nutrigenomics industry delivers lucrative potential for businesses and investors seeking to have a substantial impact on the healthcare and wellness industries as personalised medicine and tailored nutrition continue to gain popularity.
Highlighted with 86 tables and 91 figures, this 178-page report “Global Nutrigenomics Market 2021-2031 by Offering (Products, Testing Services), Test Technology, Test Sample (Buccal Swab, Saliva, Blood, Others), Application (Women’s Health, Metabolic Disorders, Immune Health, Cancer, Cardiovascular, Diabetes), End User, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global nutrigenomics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global nutrigenomics market in every aspect of the classification from perspectives of Offering, Test Technology, Test Sample, Application, End User, and Region.
View Report Scope and Latest Developments in the Market: MW Link https://www.marketwatch.com/press-release/global-nutrigenomics-market-size-share-dominant-sectors-revenue-in-depth-leading-key-players-impact-of-covid-19-and-forecast-from-2022-to-2032-2023-06-02?mod=search_headline
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Products
o Probiotics
o Prebiotics
o Vitamins & Supplements
- Testing Services
o Nutrigenomics Clinical Testing
o Nutrigenomics Research Testing
Based on Test Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Next-generation Sequencing
- Real-time PCR
- DNA Microarray
- Sanger Sequencing
By Test Sample, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Buccal Swab Sample
- Saliva Sample
- Blood Sample
- Other Samples
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Women’s Health
- Metabolic Disorders
- Immune Health
- Cancer Research
- Cardiovascular Diseases
- Diabetes
- Other Applications
By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Hospitals
- Nutrition Clinics
- Diagnostics Laboratories
- Other End Users
Geographically, the following regions together with the listed national/local markets are fully investigated:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (UAE，Saudi Arabia， South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Offering，Application and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
- BASF SE
- BioGaia
- Cell Logic
- Cura Integrative Medicine
- DNAfit
- DuPont de Nemours, Inc.
- Garden of Life, LLC
- GeneOmbio
- Genova Diagnostics, Inc.
- GX Sciences, Inc.
- Ingredion Incorporated
- Jarrow Formulas Inc.
- Koninklijke DSM N.V.
- MedGenome
- Metagenics, Inc.
- Nutrigenomix Inc.
- Unilever Group
- XCODE Life
- Yakult Honsha Co., Ltd.
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