Nutrigenomics Market Is Estimated To Witness High Growth Owing To Increasing Focus On Personalized Nutrition

Nutrigenomics refers to the study of the interaction between nutrition, genetics and gene expression. It mainly focuses on how interactions between nutrition, dietary compounds and our genes affect health and disease. Nutrigenomics aims to develop personalized diets and functional foods by understanding how nutrition impacts a person’s overall health. Nutrigenomics plays an important role in precision nutrition.

The global nutrigenomics market is estimated to be valued at US$ 1.3 Bn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period of 2024-2031.

Key Takeaways

Key players operating in the nutrigenomics market are 3X4 Genetics, Advanced Nutrigenomics, DNAlysis Biotechnology, DNA Health and Wellness, Geno Palate and Among Others. Nutrigenomics enables customization of diets based on individual genetic variations, food intolerances and nutritional needs. Nutrigenomics helps develop novel functional foods and nutritional supplements to maintain health and prevent or treat various diseases. The increasing applications of nutrigenomics in precision nutrition, especially in developed regions of North America and Europe is driving the global expansion of the nutrigenomics market.

Market Drivers

The increasing focus on personalized nutrition is one of the key drivers of the nutrigenomics market. With increasing awareness about the impact of genetics and metabolism on health, people are more inclined towards precision nutrition and customized diets. Nutrigenomics helps understand the complex interactions between diet and genes which enables development of personalized diets and food products tailored to individual needs. This is positively impacting the growth of the nutrigenomics market.

PEST Analysis

Political: Governments across various countries are increasingly promoting precision and preventive nutrition through supporting nutrigenomics research and application. This is anticipated to positively influence the growth of the nutrigenomics market.

Economic: Rising healthcare costs amid growing incidence of chronic and lifestyle diseases is prompting individuals and medical practitioners to adopt a more personalized, preventive approach toward nutrition. This is expanding the customer base for nutrigenomics services and products.

Social: Growing awareness about gene-diet interactions and their role in determining disease risk as well as treatment response is motivating people to undergo DNA-based dietary assessment and recommendation. This is boosting the demand for nutrigenomics research and application.

Technological: Advancements in fields such as genome sequencing, bioinformatics and computer science are enabling cost-efficient, high-throughput analysis of individual genomes. This is positively impacting the development and adoption of nutrigenomics. Emerging technologies are also aiding in development of customized nutritional solutions.

In terms of value, North America represents the largest regional market for nutrigenomics globally, accounting for over 40% share. Rising incidence of metabolic disorders and early adoption of advanced technologies are driving the North America nutrigenomics market.

The Asia Pacific region is projected to be the fastest growing market for nutrigenomics over the forecast period. This is attributed to growing health awareness, rising disposable incomes, expanding population base and increasing investments by both public and private entities in preventive and precision nutrition research. Countries such as China and India are anticipated to offer significant opportunities due to above-mentioned factors.

What Are The Key Data Covered In This Nutrigenomics Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the Nutrigenomics’s growth between 2024 and 2031.

:- Accurate calculation of the size of the Nutrigenomics and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- Nutrigenomics Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market’s competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of Nutrigenomics vendors

FAQ’s

Q.1 What are the main factors influencing the Nutrigenomics?

Q.2 Which companies are the major sources in this industry?

Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top Nutrigenomics companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the Nutrigenomics’s distributors, traders, and dealers?

Q.6 How are market types and applications and deals, revenue, and value explored?

Q.7 What does a business area’s assessment of agreements, income, and value implicate?

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it