Personalized Nutrition Market Worth 7.2 USD billion by 2025 Globally – Axiom MRC

Global market of personalized nutrition market is segmented on the basis of products, applications, age group, providers and geography. Based on products, the market is segmented into vitamins, herbs & botanicals, minerals, proteins & amino acids, fatty acids, probiotics, fibers & specialty carbohydrates and others. The other products include prebiotics, carotenoids, glucosamine etc. On the basis of application, the market is classified into overall health/wellness, immune health, bone health, heart health, skin, hair & nails, digestive/gastrointestinal health, joint health and others. The other applications of this market are eye health, mental health etc. Various age group of personalized nutrition market are 0-18, 19-34 , 35-54, and people above 55. Moreover, providers of the personalized nutrition market are wellness & fitness centers, medical profession & dietician, food delivery services, and diagnostic companies (wearables) & laboratories.

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Based on geography, the global personalized nutrition market is segmented into North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). North America comprises of U.S., Canada, and Mexico whereas Europe would primarily cover Germany, the U.K., France, Italy and Rest of the Europe. The key countries included under Asia Pacific are China, Japan, India, and Rest of Asia Pacific and Rest of the world include Latin America and Middle East and Africa (MEA).

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The global personalized nutrition market was valued at USD 7.2 billion in 2018 and is projected to reach USD 11.5 billion by 2025, growing at a CAGR of 7.03% from 2020 to 2025. The personalized nutrition market is expected to witness significant growth within the forecast period because of increasing demand from recently emerging lifestyle and recreational users. In addition, increasing health awareness coupled with increasing number of health clubs and fitness centers is also expected to boost this market within the forecast period. In terms of geography, North America is expected to account for the largest market for personalized nutrition, dominated by the U.S. It has accounted for largest market share for personalized nutrition market in 2018. The growth in this region is supported by high incomes, world-class fitness and athletics infrastructure.

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The Europe also represents a major market for personalized nutrition, led by Germany, owing to increasing number of consumers opting for healthy lifestyles. Moreover, Asia-Pacific is the fastest growing market for personalized nutrition within the forecast period fueled by an increase in disposable incomes coupled with rapidly changing lifestyles.
The key companies which operates in the market include, BASF SE, Caligenix, Care/of, DayTwo Inc., DNAFit, Genomix Nutrition, Inc. (GX Sciences, Inc.), Habit Food Personalized, LLC, InsideTracker (Segterra), Lonza, Metagenics, Inc, Mixfit Inc. (DSM), Nutrigenomix Inc., Telomere Diagnostics, Inc (TeloYears), Orig3n, Pure Encapsulations, SDC Nutrition Inc., STYRLABS, Vitagene, Vitamin Packs, Inc., savor Health, LLC, Zipongo and among others.

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This release was published on openPR.