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In-Depth Analysis of the Nutrition Technology Platforms Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
Nutrition Technology Platforms Market Growth
The surge in lifestyle-oriented diseases is anticipated to boost the expansion of the nutrition technology platform market. Such diseases are largely a result of daily routines and choices including diet, lack of physical activity, and smoking habits. They are also largely attributed to sedentary ways of life, unhealthy eating habits, high stress levels, and the overuse of processed food. Nutrition technology platforms play an integral role in controlling these diseases by offering personalized, data-oriented dietary advice and supervisory mechanisms that support individuals in adopting healthier habits and keeping track of disease prevention and management progress. For instance, a report published by the American College of Cardiology in August 2022 stated that in the US, there will be a significant surge in cardiovascular risk factors from 2025 to 2060, with a predicted increase in diabetes by 39.3% (affecting 55 million people), dyslipidemia by 27.6% (impacting 126 million people), hypertension by 25.1% (impacting 162 million people) and obesity by 18.3% (affecting 126 million people). Therefore, the rise in lifestyle-related diseases is propelling the growth of the nutrition technology platform market.
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What is the future CAGR of the nutrition technology platforms market, and how will it impact industry expansion?
The market size of nutritional tech platforms has experienced swift expansion over the past few years. Expected to grow from $14.5 billion in 2024, it's projected to reach a value of $17.21 billion in 2025, indicating a compound annual growth rate (CAGR) of 18.7%. Factors contributing to this development during the historical period include a surge in health-aware consumers, enhanced digitalization, a rise in smartphone ownership, an increase in consumer income, and the prominence of social media.
There is anticipation for swift expansion in the nutrition technology platforms market size in the upcoming years, as it is predicted to escalate to $33.76 billion by 2029, with a compound annual growth rate (CAGR) of 18.3%. The projected growth in the given forecast period might be the result of factors like the wider acceptance of telehealth services, advancements in the field of nutrigenomics, the growing utilization of blockchain for food traceability, increased demand for AI-driven meal planning, and rise in the incidence of chronic ailments. Dominant trends anticipated in the forthcoming forecast period encompass technological evolution, tailored nutrition, the inclusion of wearable technology, machine learning, and augmented reality.
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What are the most significant trends transforming the nutrition technology platforms market today?
Leading businesses in the nutrition technology sector are creating groundbreaking offerings, like web platforms aimed to boost total health and wellness, powered by data-driven insights and user-friendly designs. A web platform refers to an online system or infrastructure that allows users to use and interact with a plethora of services, functionalities, and resources online. For example, Nestle Health Science, a nutrition corporation from Switzerland, uncovered GLP-1 Nutrition in June 2024 - a novel web platform for offering holistic nutritional aid for individuals embarking on weight management paths, particularly those consuming GLP-1 medications. Crafted for consumers in America, GLP-1 Nutrition dispenses all-encompassing, tailored care with custom products from popular name brands like Garden of Life, Nature's Bounty, and Boost. It comes with expert advice from medical professionals specializing in weight loss, personalized nutritional coaching, and a supportive community. The platform covers pivotal categories like muscle retention, gut wellbeing, micronutrient consumption, hydration, skin and hair health, and weight rebound management, paying special attention to critical weight management aspects for individuals on GLP-1 medications.
Which key market segments comprise the nutrition technology platforms market and drive its revenue growth?
The nutrition technology platformsmarket covered in this report is segmented -
1) By Product Type: Active Measurement, Standard Measurement
2) By Application: Standard Supplements, Disease-Based
3) By End-User: Direct-To-consumer, Wellness And fitness centers, Hospitals And Clinics, Institutions
Subsegments:
1) By Active Measurement: Wearable Devices, Smartphone-Based Tracking, Real-Time Nutritional Feedback Systems
2) By Standard Measurement: Manual Input Tracking, Traditional Food Journals, Standard Nutritional Calculators
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What regions are at the forefront of nutrition technology platforms market expansion?
North America was the largest region in the nutrition technology platforms market in 2024. The regions covered in the nutrition technology platforms market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the nutrition technology platforms market?
Major companies operating in the nutrition technology platforms market are Nestlé Health Science, Viome, Zipongo, Lumen, Precision Nutrition, Lifesum, PlateJoy, InsideTracker, Heali AI, MyFitnessPal, FatSecret, Wellory, Cronometer, EatLove, Nutritics, BetterMeal AI, Foodvisor, Nutrino, SmartPlate, Nutrisoft, Nutritionix, Nutrium
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What Is Covered In The Nutrition Technology Platforms Global Market Report?
•Market Size Forecast: Examine the nutrition technology platforms market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the nutrition technology platforms market for a structured understanding.
•Key Players Overview: Analyze major players in the nutrition technology platforms market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the nutrition technology platforms market.
•Segment Contributions: Evaluate how different segments drive overall growth in the nutrition technology platforms market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the nutrition technology platforms market.
•Industry Challenges: Identify potential risks and obstacles affecting the nutrition technology platforms market.
•Competitive Landscape: Review strategic developments in the nutrition technology platforms market, including expansions, agreements, and new product launches.
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