Global Personalized Nutrition Market, By Product Type (Dietary Supplements and Nutraceuticals, Functional Food, Functional Beverage, Digitalized DNA-based Diet, Sports Nutragenomics, Others), Age Group (0-18 Age Group, 19-34 Age Group, 35-54 Age Group, 55+ Age Group), Providers (Wellness and Fitness Centers, Medical Profession and Dietician, Food Delivery Services, Diagnostic Companies and Laboratories), Dosage Forms (Tablets, Capsule, Powders, Liquids, Others), End-User (Hospitals, Clinics, Home Care, Wellness and Fitness Centers, Ambulatory Care, Others), Application (Standard Supplements, Disease-Based, Others) – Industry Trends and Forecast to 2029.
Global Personalized Nutrition Market Analysis and Size
Dieticians around the globe have been using personalized nutrition since the approach of the calling. This nutrition plan offers custom-made nourishment counsel fitting physical, enthusiastic and clinical necessities of patients. Things have gotten significantly more explicit in the past years.
- Personalized nutrition is known to include surveying an individual's hereditary qualities, physical movement, microbiome, dietary propensities, and rest practices. Global Personalized Nutrition Market was valued at USD 9.06 billion in 2021 and is expected to reach USD 20.14 billion by 2029, registering a CAGR of 10.50% during the forecast period of 2022-2029. “Standard Supplements” accounts for the largest ingredient segment owing to rising awareness about the overall health of individuals. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Global Personalized Nutrition Market Definition
Personalized nutrition, also known as customized nourishment approach refers to a plan that generally depends on the possibility that through customized nutrition counsel provided by nutritionists and various other dietary experts, health and wellbeing can be enhanced. The dietary improvements minimize the risks of diseases, such as heart disease, type 2 diabetes and obesity.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Dietary Supplements and Nutraceuticals, Functional Food, Functional Beverage, Digitalized DNA-based Diet, Sports Nutragenomics, Others), Age Group (0-18 Age Group, 19-34 Age Group, 35-54 Age Group, 55+ Age Group), Providers (Wellness and Fitness Centers, Medical Profession and Dietician, Food Delivery Services, Diagnostic Companies and Laboratories), Dosage Forms (Tablets, Capsule, Powders, Liquids, Others), End-User (Hospitals, Clinics, Home Care, Wellness and Fitness Centers, Ambulatory Care, Others), Application (Standard Supplements, Disease-Based, Others)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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BASF SE (Germany), DSM (Netherlands), Herbalife Nutrition (US), Amway (US), DNAfit (UK), Wellness Coaches (US), Atlas Biomed Group Ltd (UK), Noho Health Inc. (US), Habit Food Personalized, LLC (US), Persona (US), Bactolac Pharmaceutical, Inc. (US), Balchem Corporation (US), Foodsmart (US), DNAlysis (South Africa), Wellcome Trust Sanger Institute Morgan Building (UK), DayTwo Ltd. (Israel), BiogeniQ Inc. (Canada), Helix (India), Segterra, Inc. (US), among others
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Market Opportunities
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Personalized Nutrition Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
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Inclination Towards Healthy Lifestyle
The increase in the consumer preference for dietary improvements acts as one of the major factors driving the growth of personalized nutrition market. The rise in trend of leading a healthy lifestyle among all age groups shifting to healthy and innovative approach have a positive impact on the industry.
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Prevalence of Obesity
The increase in the prevalence of obesity among population further influences the market. People reaching out to dieticians and nutritionists providing customized diet plans with the aim of losing weight helps in the market growth.
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Awareness Regarding Healthy Lifestyle
The rise in the awareness regarding the importance of leading a healthy lifestyle, accelerate the market growth. The prevalence of various chronic diseases, such as diabetes, and cardiovascular diseases, among others is encouraging people to adopt personalized nutrition market.
Additionally, change in lifestyle, increase in the disposable income and rise in awareness regarding the benefits of the nutrition plan positively affect the sparkling water market.
Opportunities
Furthermore, innovations and advancements in technologies extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, collaborations and strategic partnerships will further expand the market.
Restraints/Challenges Global Personalized Nutrition Market
On the other hand, high cost associated with the dietary supplements and nutrition plans, and complications involved with the approach are expected to obstruct market growth. Also, presence of regulations in the personalized nutrition sector is projected to challenge the personalized nutrition market in the forecast period of 2022-2029.
This personalized nutrition market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on personalized nutrition market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Personalized Nutrition Market
COVID-19 had a negative impact on several industries. However, personalized nutrition market witnessed a significant growth during this period. During the lockdown imposed by the government for restricting the spread of the coronavirus disease, most of the population took keen interest in adopting health diets. People are adopting health supplements to increase their immunity with the increasing health complications. The rise in the emphasis on good health is going to keep increasing the growth of the market in the post pandemic scenario.
Recent Developments
- Lifenome, a health tech company launched a nutrition pregnancy plan “9Moons” in 2021. The platform addresses prenatal nutrition among women and offers hyper-personalized nutrition plans.
Herbalife Nutrition (US) launched relaxation tea and new immunity essentials, containing EpiCor in October’2019. The products aim at meeting personalized nutrition needs in the North American region, and strengthens the company’s product portfolio.
Global Personalized Nutrition Market Scope and Market Size
The personalized nutrition market is segmented on the basis of product type, age group, providers, dosage forms, end-user, and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Dietary Supplements and Nutraceuticals
- Functional Food
- Functional Beverage
- Digitalized Dna-Based Diet
- Sports Nutragenomics
- Others
On the basis of product type, the personalized nutrition market is segmented into dietary supplements and nutraceuticals, functional food, functional beverage, digitalized DNA-based diet, sports nutragenomics, and others.
Age Group
- 0-18 Age Group
- 19-34 Age Group
- 35-54 Age Group
- 55+ Age Group
On the basis of age group, the personalized nutrition market is segmented into 0-18 age group, 19-34 age group, 35-54 age group, and 55+ age group.
Providers
- Wellness and Fitness Centers
- Medical Profession and Dietician
- Food Delivery Services
- Diagnostic Companies and Laboratories
On the basis of providers, the personalized nutrition market is segmented into wellness and fitness centers, medical profession and dietician, food delivery services, and diagnostic companies and laboratories.
Dosage Forms
- Tablets
- Capsule
- Powders
- Liquids
- Others
On the basis of dosage forms, the personalized nutrition market is segmented into tablets, capsule, powders, liquids, and others.
End-User
- Hospitals
- Clinics
- Home Care
- Wellness And Fitness Centers
- Ambulatory Care
- Others
On the basis of end-user, the personalized nutrition market is segmented into hospitals, clinics, home care, wellness and fitness centers, ambulatory care, and others.
Application
- Standard Supplements
- Disease-Based
- Others
On the basis of application, the personalized nutrition market is segmented into standard supplements, disease-based, and others.
Personalized Nutrition Market Regional Analysis/Insights
The personalized nutrition market is analysed and market size insights and trends are provided by country, product type, age group, providers, dosage forms, end-user, and application as referenced above.
The countries covered in the personalized nutrition market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the personalized nutrition market because of the rise in awareness among consumers about their health within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the increase in the number of obesity rates in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Personalized Nutrition Market Share Analysis
The personalized nutrition market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to personalized nutrition market.
Some of the major players operating in the personalized nutrition market are
- BASF SE (Germany)
- DSM (Netherlands)
- Herbalife Nutrition (US)
- Amway (US)
- DNAfit (UK)
- Wellness Coaches (US)
- Atlas Biomed Group Ltd (UK)
- Noho Health Inc. (US)
- Habit Food Personalized, LLC (US)
- Persona (US)
- Bactolac Pharmaceutical, Inc. (US)
- Balchem Corporation (US)
- Foodsmart (US)
- DNAlysis (South Africa)
- Wellcome Trust Sanger Institute Morgan Building (UK)
- DayTwo Ltd. (Israel)
- BiogeniQ Inc. (Canada)
- Helix (India)
- Segterra, Inc. (US)
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