Personalized Nutrition Market Analysis: Major Players, Lucrative Segments And Top Geographies
15 May, 2023
The global personalized nutrition market size is expected to grow from $12.48 billion in 2022 to $14.41 billion in 2023 at a compound annual growth rate (CAGR) of 15.50%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global personalized nutrition market size is expected to reach $25.37 billion in 2027 at a CAGR of 15.19%.
Global Personalized Nutrition Market Key Driver
The growing prevalence of chronic disease are expected to boost the growth of the personalized nutrition market. Chronic diseases are defined as conditions that are long-lasting and typically cannot be cured completely but can be managed through lifestyle changes and medical treatment. These conditions often develop over time as a result of a combination of genetic, environmental, and behavioral factors. Personalized nutrition is important to cure chronic disease because it considers an individual's unique genetic makeup, health history, and current health status. This allows for the creation of a customized nutrition plan that targets specific health concerns and addresses any nutrient deficiencies or imbalances.
Get a Sample of the global personalized nutrition market reportGlobal Personalized Nutrition Market Segments
The global personalized nutrition market is segmented:
1) By Product Type: Personalized Supplements, Personalized Diet Plans, Personalized Beverages, Diseases Based
2) By Form: Tablets, Capsules, Powder, Liquid, Other Forms
3) By Measurement Method: Active Measurements, Standard Measurements
4) By End User: Direct-To-Consumer, Wellness And Fitness Centers, Hospitals And Clinics, Institutions, Food Delivery Services
5) By Geography: The regions covered in the personalized nutrition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global personalized nutrition market.
Major Personalized Nutrition Industry Players
BASF SE, Koninklijke DSM N.V., Herbalife Nutrition Ltd., Amway, DNAfit, Wellness Coaches USA LLC., Atlas Biomed Group Ltd., Persona Nutrition, Nutrigenomix Inc.
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Personalized Nutrition Market Overview
Personalized nutrition is creating a customized nutrition plan for an individual based on their unique genetic makeup, health history, and current health status. A personalized nutrition approach considers factors such as age, gender, weight, and activity level, as well as any specific health concerns or conditions that may need to be addressed through diet.
Personalized Nutrition Global Market Report 2023 provides data on the global personalized nutrition market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The personalized nutrition market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.