Nowadays, customization is an essential demand in any product, and nutritional products are no exception. The trend is overwhelmingly changing the ways of consuming food. Diet fit and personalized nutrition in perfectly with people's individual health goals. Rising in awareness related to general well-being and preventive healthcare techniques is anticipated to boost the market growth of the personalized nutrition market. Moreover, the trend of customization of food for a better diet and increasing awareness about healthy food to promote wellness and nutrition are factors driving the growth of the market.
MARKET DYNAMICS
In recent years, shoppers are increasingly looking for custom-made approaches to their wellness and health to help meet specific health goals within the required time frame. Intrinsically, there has been a rise in technology development that can provide the knowledge and information needed to create effective custom nutritional solutions. As a substitute to conventional, one-size-fits-all strategies, personalized nutrition offers consumers to be more self-controlled about maintaining a healthier diet, whether using wearable gadgets for height, monitoring weight, heart rate, and other data. The increased demand for natural/ organic food products all across the globe is a key factor in boosting the market. Moreover, numerous regulatory agencies are also vigorously looking to personalize nutrition and wellness products, which is anticipated to boost the market growth.
MARKET SCOPE
The "Global Personalized Nutrition Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the personalized nutrition with detailed market segmentation by product type, dosage type, application and end use. The global personalized nutrition market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading personalized nutrition market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global personalized nutrition market is segmented on the basis of product type into dietary supplements and nutraceuticals, functional food, functional beverage, digitalized dna-based diet, sports nutragenomics, others. On the basis of dosage form the personalized nutrition market is segmented into tablets, capsule, powders, liquids, others. On the basis of application the global personalized nutrition market is segmented into additional supplements, medicinal supplements, sports nutrition, lifestyle diseases, inherited diseases, others. On the basis of end use the global personalized nutrition market is segmented by hospitals, clinics, home care, wellness and fitness centers, ambulatory care, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global personalized nutrition market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The personalized nutrition market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the personalized nutrition market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the personalized nutrition market in these regions.
MARKET PLAYERS
The reports cover key developments in the personalized nutrition market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from personalized nutrition market are anticipated to lucrative growth opportunities in the future with the rising demand for personalized nutrition in the global market. Below mentioned is the list of few companies engaged in the personalized nutrition market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the personalized nutrition market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Caligenix
- DayTwo Inc.
- DNAFit
- Genomix Nutrition
- GX Sciences
- Habit Food Personalized LLC
- InsideTracker
- Nutrigenomix Inc.
- DSM
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.