Personalized Nutrition Market Size, Share, Top Trend, Growth Analysis And Forecast 2032 | Prominent Players: BASF SE, DSM, Herbalife Nutrition Ltd., Amway, Dnafit, Wellness Coaches, Atlas Biomed Group Limited

The Global Personalized Nutrition Market was valued at USD 10.87 Billion in 2021 and is projected to grow at a CAGR of 16.23% during the forecast period. The increasing digital healthcare trend, and changing customer preferences owing to growing health awareness are expected to drive the personalized nutrition market demand during the forecast period. The research is a great blend of qualitative and quantitative data, covering significant market developments, industry and competitive issues, gap analysis, and new opportunities and trends in the Personalized Nutrition Market. The report's goal is to give cutting-edge market knowledge and assist decision makers in making smart investment decisions by presenting an overview of the Global Personalized Nutrition Market. Additionally, the research identifies and analyses upcoming trends, as well as important drivers, challenges, and opportunities.

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Impact Factors:
• Personalized nutrition uses data on unique genes and features to provide recommendations, products, or services that help people make long-lasting changes that are good for their health.

Key Developments:
• February 2020- Metagenics declared the introduction of CardioLux HDL, the latest patent pending formula introduced in the Metagenics product line. CardioLux HD offers vitamin and phytonutrient support for healthy HDL function.
• November 2019- DSM acquired AVA, a digital personalized nutrition platform that provides coaching and nutrition recommendations across the wellness and health segments. Personalized nutrition is a major component in DSM's nutrition strategy and this strategy unites earlier declared investments and partnerships across key capabilities, comprising personalized nutrition delivery platforms, such as Mixfit, Tespo, and Panaceutics. AVA is presently existing in the Europe and US, and can be effortlessly customized to an extensive variety of use cases.
• November 2019- Amway (U.S.) capitalized USD 200 million to establish a center for supplement innovation in China. This will help in offering modified solutions and the total development of the company.
• October 2019- Herbalife Nutrition (U.S.) introduced new immunity essentials and relaxation tea, comprising EpiCor, to meet personalized nutrition requirements in the North American region. This supports the company's product portfolio for personalized nutrition.
• April 2019- DNAfit (UK) introduced a new "Health Fit" DNA test, which discovers numerous genetic factors affecting the person's wellbeing and offers personalized insights on diets.

Competitive Analysis
Key players in the market are involved in gaining strategic advantages by expanding their operations and tapping into new regions.
BASF SE, DSM, Herbalife Nutrition Ltd., Amway, Dnafit, Wellness Coaches, Atlas Biomed Group Limited, Persona, Bactolac Pharmaceutical, Inc., Balchem Corporation, Zipongo, Dnalysis, Sanger Genomics Pvt Ltd., Daytwo Inc., Mindbodygreen, Biogeniq, Helix, Segterra, Inc., Metagenics, Inc., BAZE, GX Sciences, Inc., and Nutrigenomix.

Segments
Market segmentation research is conducted to assist a company in identifying market segments in order to establish various plans and approaches.
• by Product Type (Supplements and Nutraceuticals, Functional Food, Functional Beverage, Digitalized DNA-based Diet, Sports Nutrigenomics, and Others),
• by Application (Standard Supplements, Disease-Based),
• by Dosage Form (Tablets, Capsule, Powders, Liquids, and Others),
• by End User (Direct-to-Consumer, Wellness and Fitness Centers, Hospitals and Clinics)

Methodology
Market research fills the gap between a goods or services and its target market or client. Market research insights assist a manufacturer or service provider in developing a product or service plan that satisfies the specific needs of the target market.

• Primary Market Research
Primary market research is a type of study that involves acquiring information from target industries, either through a third-party or directly from customers.

• Secondary Market Research
Secondary market research is an investigative strategy in which a firm relies on publicly available data to learn more about its customers and target markets.

• Quantitative Market Research
Quantitative market research is a method of gathering data from the target market and consumers that can be quantified.

• Qualitative Market Research
Qualitative market research is a means of gathering qualitative data from target markets via the use of instruments and procedures such as focus groups and interviews.

Regional Analysis
North America- US, Canada, Mexico
Europe- Germany, Russia, UK, France, Italy, Spain, The Netherlands, Rest of Europe
Asia Pacific- China, India, Japan, South Korea Australia, Indonesia, Rest of Asia Pacific
Middle East & Africa- UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
South America- Brazil, Argentina, Colombia, Rest of South America

The study of the market includes
• Explanation of consumer preferences, trends, opportunities, and factors impacting worldwide grid-scale power storage technologies, as well as an analysis of current industry trends.
• Market share study by end-user, service, application, and region
• Investments in R&D and demonstration projects are covered, as well as a full overview of Personalized Nutrition market.
• Assessment of regulatory trends and incentives, regional economic development rate, implementation timeline, and environmental constraints

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Years Considered for This Report:
Historic year: 2020
Base Year: 2021
Estimated Year: 2022
Forecast Year: 2023-2032

Frequently Asked Questions
• What is the study period of this market?
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• Which region has highest growth rate in Personalized Nutrition Market?
• Which region has largest share in Personalized Nutrition Market?
• Who are the key players in Personalized Nutrition Market?

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