Crafting Wellness: The Global Personalized Nutrition Market Set to Soar to US$ 4.7 Billion by 2032 Business Strategies for Riding the Health Transformation Wave

The Personalized Nutrition Market has emerged as a transformative trend in the health and wellness industry. With growing awareness about individual health needs, this market is witnessing significant growth. By leveraging advanced technologies like AI, genetic testing, and wearables, personalized nutrition tailors dietary recommendations to suit each person's unique genetic makeup, lifestyle, and health goals.

The global personalized nutrition market is expected to witness growth at a CAGR of 6.4% during the forecast period (2022-2032), surpassing US$ 4.7 Billion by 2032.

On the back of rising production of dietary compounds and associated substances suited to specific situations or demands of individuals, demand in the market is anticipated to rise. Remotely determining these requirements is possible with the aid of technology like smartphones, fitness trackers, and wearables.

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The need for customised supplements is rising in line with the preference for individualised approaches to health and wellness. Additionally, individualised dietary programmes are being created quickly and effectively thanks to technological developments in the personal and healthcare sectors.

Growing health awareness as a result of the rising incidence of health issues including obesity and coronary heart disease is another important element driving demand. Therefore, rising consumer demand for natural and organic food products is driving the market.

The market for personalised nutrition offers diagnostic technologies for determining the nutritional needs of products in addition to the elements needed to build an individual diet.

Key Takeaways from Market Study

The personalized nutrition market is projected to expand at CAGR of 6.4% over the forecast period.
Among the product type segment, personalized supplements is expected to account for 26.8% of demand share, registering a CAGR of 5.6% over the forecast period.
Among the measurement method segment, standard measurement is expected to hold more than 46.8% revenue share and it is expected to grow with around 5.6% CAGR over the forecast period.
Among sales channel segment, wellness and fitness centers is dominating the sales channel segment holding around 21.4% in 2022 and it is expected to grow with CAGR of   5.7% over the forecasted period.

"Rising tailored nutrition trend are increasing the demand in the personalized nutrition market. Another factor propelling the demand in the market is growing social media penetration advocating personalized nutrition through lifestyle bloggers and dieticians." says a Future Market Insights analyst.

Competitive Landscape

Key manufacturers of global personalized nutrition market are focusing on research and development in order to develop innovative and unique product offering. In addition to this, key players in the personalized nutrition market are also concentrating on merger, acquisition and joint ventures to expand their geographical presence and also to increase the existing production capacity.

In July 2018, Royal DSM announced its acquisition of personalized nutrition company Mixfit Inc. becoming the company's largest shareholder with approximately 50% of the shares. Consumer preferences for personalized nutrition solutions are increasing rapidly, and only a few companies are capable of delivering solutions from production to consumer (end-to-end solutions)

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global personalized nutrition market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

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Global Personalized Nutrition Market by Category

By Product Type:

Personalized Supplements
Personalized Diet Plans
Personalized Beverages
Diseases Based

By Measurement Method:

Active Measurement
Standard Measurement

By Sales Channel:

Direct to consumer Delivery Services
Wellness and fitness centers
Hospitals & Clinics
Pharmacies
Online
Retail Stores

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa

Frequently Asked Questions

What is the current global personalized nutrition market outlook?
What is the North America personalized nutrition market?
Who are the key players involved in the global personalized nutrition market?
At what rate will global personalized nutrition demand grow in China?

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This release was published on openPR.