Personalized Nutrition Market
Global Personalized Nutrition Market Size, Share & Trends Analysis Report by Product (Dietary Supplements & Nutraceuticals, Functional Foods & Beverages, Sports Nutrigenomics, Digitized DNA), By Application (Standard Supplement, Diseased Based, Other (Sports Nutrition)), By End-User (Direct-to-consumers, Wellness & Fitness Centers, Others) Forecast Period 2021-2027
The global personalized nutrition market is anticipated to grow at a significant CAGR of 10.1% during the forecast period (2021-2027). The global personalized nutrition market is driven by the growing awareness among population towards the health benefits of intake of personalized nutrition are key factors driving the growth of the global personalized nutrition market. Growing disposable income in emerging economies is further promoting the growth of this market. The high inclination of product seekers towards the online shopping platform to purchase personalized nutrition is a key trend in the global personalized nutrition market. To gain on this market opportunity several players are focusing on expansion of their online product offerings. For instance, Nature's Bounty has introduced Curated Combinations in June 2021 at Amazon.com. Curated Combination is a suite of four unique personalized nutrition packs that include the vitamins and supplements needed to address specific areas of health and wellness.
In July 2021, the American Nutrition Association (ANA), professional association for the science and practice of personalized nutrition has rebuilt its leadership structure to raise its focus on development in the field of personalized medicine. In the same month, the Centers for Disease Control and Prevention (CDC) entered into partnership with Diet ID bolsters Fruit Street’s solution to assess diet at entry, track diet change over the course of the program, and offer personalized nutrition guidance. Such type of initiatives for the up-liftmen of awareness level among citizens regarding the potential benefits of taking personalized nutrition in treatment of several chronic diseases is anticipated to drive the growth of the global personalized nutrition market.
Impact of COVID-19 pandemic
COVID-19 pandemic has made positive impact on the growth of the global personalized nutrition market. The rising investment of customer in purchase of health supplements to improve their immune system is one of the key promoter of personalized nutrition market during the forecast period.
Segmental Outlook
The report on global personalized nutrition market covers segments including product type, application, and end-user. Based on product type, the market is segmented into dietary supplements & nutraceuticals, functional foods & beverages, sports nutrigenomics, and digitized DNA. Based on application, the market is segmented into standard supplement, diseased based, and other (sports nutrition). Based on end-user, the market is segmented into direct-to-consumers, wellness & fitness centers, others.
Global Personalized Nutrition Market Share by Product Type, 2020 (%)
Dietary Supplements & Nutraceuticals held the significant share in the Market
Based on product type, dietary supplements held considerable market share in 2020. The high intake of personalized nutrition in the form of dietary supplements & nutraceuticals is a key factor contributing to the high share of this market segment.
Regional Outlooks
The global personalized nutrition market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America held considerable share in the personalized nutrition market in 2020. The rising demand for dietary supplements, rising penetration of personalized nutrition, and the trend towards online selling of personalized nutrition are the key factors contribution to the high share of the regional market. Additionally, the presence of some key players such as Amway Corp., Balchem Corp., BASF SE is supporting development of personalized nutrition in the region.
Global Personalized Nutrition Market Growth, by Region 2021-2027
Asia-Pacific is projected to have considerable share in the global personalized nutrition market
Asia-Pacific is anticipated to exhibit considerable growth in the global personalized nutrition market. Increasing awareness regarding health in countries such as China and India is expected to remain a favorable factor for the Asia-Pacific personalized nutrition market growth. Chronic diseases such as heart disease, cancer, diabetes, stroke, and arthritis have been on the rise, in recent times. As per the International Diabetes Federation (IDF), around 250 million adults in the age range of 20-79 years were living with diabetes in the region in 2019. These numbers are further expected to rise over a certain period owing to the changing eating habits and more inclination towards unhealthy food diets. The rise in the prevalence of chronic diseases prompts the need for nutraceuticals and other vital dietary supplements, which drives the regional growth of the market.
Market Players Outlook
The global personalized nutrition market is at its growing phase. Hence, is composed on only limited number of local and global manufacturers. Many new startups have been noticed in the personalized nutrition market. Some of the key players operating in the global personalized nutrition market include Amway Corp., Balchem Corp., BASF SE, Baze Labs, Inc., BiogeniQ Inc., DNAlysis Biotechnology, LLC, GX Sciences, Inc., Herbalife International Inc.and so on. These players are focusing on development of new & innovative green chemicals suitable for multiple applications. Moreover, these players are also adopting different growth strategies such as mergers & acquisition, strategic partnership, collaboration, and production facility expansion to expand their market share in the global personalized nutrition market.
Recent Development
- In June 2021, HealthTech startup Lykon has raised $7.5 million in its Pre-Series A funding round, led by MA Ventures, the venture capital fund of the Migros Aare cooperative, and IPPEN.MEDIA. With this funding, Lykon has acquired Gaia Nutrition, one of the major technology provider for personalized nutrition plans. The acquisition was aimed at strengthening Lykon’s authority in data-driven personalization of food products and nutrition recommendations.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global personalized nutrition market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Personalized Nutrition Industry
• Recovery Scenario of Global Personalized Nutrition Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Personalized Nutrition Market, By Product Type
5.1.1. Dietary Supplements & Nutraceuticals
5.1.2. Functional Foods & Beverages
5.1.3. Sports Nutrigenomics
5.1.4. Digitized DNA
5.2. Global Personalized Nutrition Market, By Application
5.2.1. Standard Supplement
5.2.2. Diseased Based
5.2.3. Other (Sports Nutrition)
5.3. Global Personalized Nutrition Market, By End-User
5.3.1. Direct-to-consumers
5.3.2. Wellness & Fitness Centers
5.3.3. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Amway Corp.
7.2. Atlas Biomed Group Ltd.
7.3. Bactolac Pharmaceutical, Inc.
7.4. Balchem Corp.
7.5. BASF SE
7.6. Baze Labs, Inc.
7.7. Biron Health Group
7.8. DayTwo Ltd.
7.9. DNAlysis Biotechnology
7.10. GX Sciences, Inc.
7.11. Habit Food Personalized LLC
7.12. Herbalife International Inc.
7.13. Metagenics, Inc.
7.14. Mindbodygreen, LLC
7.15. Noho Health Inc.
7.16. Nutrigenomix Inc.
7.17. Prenetics EMEA Ltd.
7.18. Segterra, Inc.
7.19. Wellness Coaches USA, LLC
7.20. Zipongo DBA Foodsmart
1. GLOBAL PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027($ MILLION)
2. GLOBAL DIETARY SUPPLEMENTS & NUTRACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
3. GLOBAL FUNCTIONAL FOODS & BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
4. GLOBAL SPORTS NUTRIGENOMICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
5. GLOBAL DIGITIZED DNA MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
6. GLOBAL PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
7. GLOBAL PERSONALIZED NUTRITION FOR STANDARD SUPPLEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
8. GLOBAL PERSONALIZED NUTRITION FOR DISEASED BASED APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
9. GLOBAL PERSONALIZED NUTRITION FOR OTHER APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
10. GLOBAL PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
11. GLOBAL PERSONALIZED NUTRITION FOR DIRECT-TO-CONSUMERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
12. GLOBAL PERSONALIZED NUTRITION FOR WELLNESS & FITNESS CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
13. GLOBAL PERSONALIZED NUTRITION FOR OTHER END-USER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
14. NORTH AMERICAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
15. NORTH AMERICAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027($ MILLION)
16. NORTH AMERICAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
17. NORTH AMERICAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
18. EUROPEAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
19. EUROPEAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027($ MILLION)
20. EUROPEAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
21. EUROPEAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
22. ASIA-PACIFIC PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
23. ASIA-PACIFIC PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027($ MILLION)
24. ASIA-PACIFIC PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
25. REST OF THE WORLD PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
26. REST OF THE WORLD PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027($ MILLION)
27. REST OF THE WORLD PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
28. REST OF THE WORLD PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL PERSONALIZED NUTRITION MARKET, 2020-2027($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL PERSONALIZED NUTRITION MARKET BY SEGMENT, 2020-2027($ MILLION)
3. RECOVERY OF GLOBAL PERSONALIZED NUTRITION MARKET, 2021-2027(%)
4. GLOBAL PERSONALIZED NUTRITION MARKET SHARE BY PRODUCT TYPE, 2020 VS 2027(%)
5. GLOBAL PERSONALIZED NUTRITION MARKET SHARE BY APPLICATION, 2020 VS 2027(%)
6. GLOBAL PERSONALIZED NUTRITION MARKET SHARE BY END-USER, 2020 VS 2027(%)
7. GLOBAL PERSONALIZED NUTRITION MARKET SHARE BY GEOGRAPHY, 2020 VS 2027(%)
8. GLOBAL DIETARY SUPPLEMENTS & NUTRACEUTICALS MARKET SHARE BY REGION, 2020 VS 2027(%)
9. GLOBAL FUNCTIONAL FOODS & BEVERAGES MARKET SHARE BY REGION, 2020 VS 2027(%)
10. GLOBAL SPORTS NUTRIGENOMICS MARKET SHARE BY REGION, 2020 VS 2027(%)
11. GLOBAL DIGITIZED DNA MARKET SHARE BY REGION, 2020 VS 2027(%)
12. GLOBAL PERSONALIZED NUTRITION FOR STANDARD SUPPLEMENT MARKET SHARE BY REGION, 2020 VS 2027(%)
13. GLOBAL PERSONALIZED NUTRITION FOR DISEASED BASED APPLICATION MARKET SHARE BY REGION, 2020 VS 2027(%)
14. GLOBAL PERSONALIZED NUTRITION FOR OTHER APPLICATION MARKET SHARE BY REGION, 2020 VS 2027(%)
15. GLOBAL PERSONALIZED NUTRITION FOR DIRECT-TO-CONSUMERS MARKET SHARE BY REGION, 2020 VS 2027(%)
16. GLOBAL PERSONALIZED NUTRITION FOR WELLNESS & FITNESS CENTERS MARKET SHARE BY REGION, 2020 VS 2027(%)
17. GLOBAL PERSONALIZED NUTRITION FOR OTHER END-USER MARKET SHARE BY REGION, 2020 VS 2027(%)
18. US PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
19. CANADA PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
20. UK PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
21. FRANCE PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
22. GERMANY PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
23. ITALY PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
24. SPAIN PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
25. REST OF EUROPE PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
26. INDIA PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
27. CHINA PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
28. JAPAN PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
29. SOUTH KOREA PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
30. REST OF ASIA-PACIFIC PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
31. REST OF THE WORLD PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
