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According to a recently released market research analysis, the global Personalized Nutrition Market is expected to develop at an astounding annual rate of 13.3% from 2021 to 2031, reaching a startling value of $37,122.0 million. Consumers' growing understanding of the health benefits of personalized nutrition and concerted government efforts to encourage its consumption are cited as the main drivers of this increased trend.
As individuals around the world become more health-conscious, the demand for personalized nutrition solutions is witnessing a significant surge. This can be attributed to the growing disposable income and the increasing prevalence of various diseases and disorders, coupled with the aging population. Moreover, the rising trend of digital solutions in the healthcare sector has further fueled the adoption of personalized nutrition, empowering consumers to make informed dietary choices tailored to their specific needs.
The whole research offers a thorough overview of the global market for personalized nutrition, highlighting significant trends, industry drivers, difficulties, and opportunities. It also provides information on the competitive environment, player profiles of significant market participants, and projections for future growth. This study is an invaluable resource for companies, investors, and stakeholders looking to profit from the growing personalized nutrition industry because to its strong research methodology and precise market data.
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Global personalized nutrition market will reach $37,122.0 million by 2031, growing by 13.3% annually over 2021-2031, driven by the rising health benefits awareness of personalized nutrition among consumers, cohesive government initiatives to promote intake of personalized nutrition, growing disposable income, the rising trend of digital solutions for healthcare, and increasing prevalence of various diseases and disorders along with the ageing population.
Highlighted with 84 tables and 92 figures, this 182-page report “Global Personalized Nutrition Market 2021-2031 by Offering (Nutrition, Tools & Services), Product Type (Dietary Supplements, Functional F&B, Sports Nutrigenomics, Digitized DNA), Measurement (Active, Standard), Product Form (Tablets, Capsules, Powders, Liquids, Others), Application, End User, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global personalized nutrition 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 2019-2021 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 personalized nutrition market in every aspect of the classification from perspectives of Offering, Product Type, Measurement, Product Form, Application, End User, and Region.
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Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Nutrition
- Tools & Services
Based on Product Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Dietary Supplements & Nutraceuticals
o Vitamins
o Botanicals/Herbals
o Minerals
o Enzymes
o Other Dietary Supplements & Nutraceuticals
- Functional Foods & Beverages
- Sports Nutrigenomics
- Digitized DNA
By Measurement, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Active Measurement
- Standard Measurement
By Product Form, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Tablets
- Capsules
- Powders
- Liquids
- Other Product Forms
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Standard Supplement
- Diseased-based Nutrition
- Sports Nutrition
By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Direct-to- End Users Consumers
- Wellness & Fitness Centers
- Hospitals & Clinics
- Institutions
- 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 Product Type, Product Form and Application over the forecast years are also included.
Get a Sample Copy of the Personalized Nutrition Market Report 2023
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:
Amway Corp.
Atlas Biomed Group Limited
Bactolac Pharmaceutical, Inc.
Balchem Corporation
BASF SE
BiogeniQ
DNAlysis Biotechnology
DSM
GX Sciences, Inc.
Habit Food Personalized LLC
Herbalife Nutrition Ltd.
Metagenics, Inc.
Mindbodygreen, LLC
Nourish3D
Nutrigenomix Inc.
Nutrino
Persona
Rootine
Segterra, Inc.
Vitagene
Wellness Coaches
Zipongo
View Report Scope and Latest Developments in the Market: https://www.marketwatch.com/press-release/global-personalized-nutrition-market-to-reach-371220-million-by-2031-driven-by-growing-health-consciousness-and-government-initiatives-2023-06-02?mod=search_headline
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Article source: https://article-realm.com/article/Business/46479-Global-Personalized-Nutrition-Market-Industry-Report-2022-2032.html
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