Press release
Personalized Nutrition Market Growth Accelerates Reaching USD 48.9 Bn by 2031 | Personalized Nutrition Key Players are NutraGene, Nestlé Health Science, Nutrigenomix Inc
The Global Personalized Nutrition Market reached USD 17.4 billion in 2022 and is expected to reach USD 48.9 billion by 2031, growing with a CAGR of 13.8% during the forecast period 2024-2031.The Personalized Nutrition Market Report by DataM Intelligence delivers comprehensive insights into key market trends, growth drivers, and emerging challenges. With a focus on providing actionable intelligence, DataM Intelligence enables businesses to make informed strategic decisions and maintain a competitive edge. Leveraging both qualitative and quantitative research methodologies, the report offers in-depth analysis to help clients navigate complex market dynamics, identify new opportunities, and accelerate growth in today's rapidly evolving global landscape.
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Personalized nutrition is a data-driven approach to nutrition that tailors dietary recommendations to an individual's genetics, microbiome, lifestyle, and health goals. It uses tools such as DNA testing, wearable devices, and AI-driven platforms to create customized diet plans, supplements, and food products. This emerging field supports preventive healthcare, weight management, and chronic disease control.
List of the Market Players in the Personalized Nutrition Market:
NutraGene, Nestlé Health Science, Nutrigenomix Inc., Nutrafol Inc., DNAfit Ltd., Symrise, GenoPalate Inc., 23andMe Inc., Viome Inc. and BASF SE.
Industry News:
In August 2023, Albertsons Companies, Inc. enhanced its Sincerely Health platform with a digital upgrade featuring a new nutrition insights tool. This functionality allows customers to compare their grocery purchases with USDA MyPlate guidelines, helping them make informed food choices tailored to their dietary needs, household size, and age group-all within the "Nutrition" section of the Sincerely Health experience.
In April 2023, Gainful, known for its personalized performance nutrition products, announced its first wholesale partnership with Target. As per a statement shared with Retail Dive, the DTC brand's products will be available in 1,800 Target stores and on the retailer's official website.
Research Methodology:
The global Personalized Nutrition Market research report utilizes both primary and secondary data sources to provide a well-rounded analysis. Throughout the research process, various influential factors are assessed-including regulatory frameworks, current market dynamics, historical trends, competitive landscape, technological progress, upcoming innovations, and related industry developments. The report also considers market volatility, growth prospects, potential barriers, and emerging challenges to offer a comprehensive view of the market environment.
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Segment Covered in the Personalized Nutrition Market:
By Type: Active Measurement, Apps, Testing Kits, Programs, Standard Measurement
By Dosage Form: Tablets, Capsules, Powders, Liquids
By Distribution Channel: Supermarkets/Hypermarkets, Specialty Stores, Retail Pharmacies, E-Commerce, Others
By Application: Standard Supplements, Health Nutrition, Sports Nutrition, Disease Based Supplements, Lifestyle, Inherited
By End-User: Over the Counter (OTC), Wellness and Fitness Centers, Hospitals and Clinics, Others
Regional Analysis for Personalized Nutrition Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➤ What are the global sales, production, consumption, import, and export figures for the Personalized Nutrition market?
➤ Who are the key players, and how do they perform in terms of capacity, output, pricing, and revenue?
➤ What major opportunities and challenges exist for vendors in this market?
➤ Which product types and end-user segments show the most growth potential and market share?
➤ What are the main growth drivers and restraints in the Personalized Nutrition market?
➤ What sales, marketing, and distribution channels are commonly used?
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