Press release
Nutrigenomics Market Growth, Size, Share, Demand and Leading Players are Koninklijke DSM N.V., BASF SE, Unilever, Genova Diagnostics, Nutrigenomix, Metagenics, Inc., Cell-Logic
Nutrigenomics Market is an outstanding market research report that conducts industry analysis on products, markets, companies, industries and many countries worldwide. When it is about guessing general market conditions, the growth prospects in the market, likely restrictions, significant industry trends, market size, market share, sales volume and future trends, the finest market research report such as this Nutrigenomics Market report comes into picture. The competitive analysis carried out in this industry analysis report include strategic profiling of key market players, their core competencies, their strong and weak points, and competitive landscape of the market which supports businesses illustrate their individual strategies.Global Nutrigenomics Market By Product (Reagents & Kits, Services), Technique (Saliva, Buccal Swab, Blood, Others), Application (Obesity, CVD, Diabetes, Anti-Aging, Cancer Research), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 The global nutrigenomics market is expected to rise to an estimated value of USD 28.27 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rising rate of obesity and associated diseases with the same group of population.
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Few of the major competitors currently working in the global nutrigenomics market are Koninklijke DSM N.V.; BASF SE; Unilever; Genova Diagnostics; Nutrigenomix; Metagenics, Inc.; Cell-Logic; GX Sciences, Inc.; CURA INTEGRATIVE MEDICINE; Xcode Life; The Gene Box; Orig3n; Geneus Health, LLC; NutriProCan; Seven Oaks General Hospital,part of Winnipeg Regional Health Authority and Prenetics Limited, among others.
Market Definition:
Nutrigenomics is a field of life-science which involves testing the DNA and gene samples of individuals so that they can be provided with specially required nutrients, diet and healthcare services. This involves organizing the data based on different needs of genes tested on, and providing patients with specialized nutritional needs according to their metabolism.
Market Drivers
Focus on advancements in the market resulting in technological advancements of proteomics, metabolomics, computation biology, genomics and bioinformatics; this factor is expected to drive the growth of the market
Growing levels of research & developments to prevent cases of cancer globally acts as a market driver
Growing concerns regarding the health of individuals resulting in need for personalized nutrition intake will also boost the market growth
Growth in the application areas of the technology uplifts the growth of this market
Market Restraints
Requirement of large capital and resources for the implementation of this method; this factor is expected to restrain the market growth
Requirement of skilled professionals and physicians to utilize this technology and their results will hamper the market growth
Concerns regarding ethical nature of this technology also acts as a restricting factor in the growth of this market in the forecast period
Segmentation: Global Nutrigenomics Market
By Product
Reagents & Kits
Services
By Technique
Saliva
Buccal Swab
Blood
Others
By Application
Obesity
Cardiovascular Disorders (CVD)
Diabetes
Anti-Aging
Cancer Research
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Rest of South America
Middle East and Africa
South Africa
Rest of Middle East and Africa
Key Developments in the Market:
In April 2018, Prenetics Limited announced that they had acquired DNAFit for approximately USD 10 million. This acquisition is a strategic step for the company as they look to provide consumer-based genomic servicing and testing capabilities, as they will look to provide consumers with specially designed diets, nutrition and fitness plans
In April 2017, Genomix Nutrition announced that they had acquired Advanced Genomic’s nutrigenomic lab situated in San Antonio, Texas, United States. This acquisition will enable Genomix to provide in-house testing in a more efficient way. With the growing base of consumers and end-users, the need for better testing service is required which will be accomplished with this acquisition
Competitive Analysis:
Global nutrigenomics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of nutrigenomics market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
Current and future of global nutrigenomics market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Download table of Contents with Figures & Tables @ https://www.databridgemarketresearch.com/toc/?dbmr=global-nutrigenomics-market
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Email: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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