Press Release

GLOBAL PERSONALIZED NUTRITION MARKET PROJECTED TO GROW AT A CAGR OF 7.03% FROM 2020 TO 2025 – AXIOM MRC

Key players operating in the global personalized nutrition market include BASF SE, Caligenix, Care/of, DayTwo Inc., DNAFit, Genomix Nutrition, Inc. (GX Sciences, Inc.), Habit Food Personalized, LLC, InsideTracker (Segterra), Lonza, Metagenics, Inc, Mixfit Inc. (DSM), Nutrigenomix Inc., Telomere Diagnostics, Inc (TeloYears), Orig3n, Pure Encapsulations, SDC Nutrition Inc., STYRLABS, Vitagene, Vitamin Packs, Inc., and Zipongo.

Nov 2018: Axiom Market Research & Consulting™ added a report on Global Personalized Nutrition Market, By Product, Application, Age group, Providers and Geography Forecasts Up to 2025. The global personalized nutrition market was projected to grow at a CAGR of 7.03% for the forecast period 2020 to 2025. The global market is estimated and forecasted in terms of revenue (USD million) generated by the personalized nutrition market.

Click here to view more details of Global Personalized Nutrition Market Report

The global personalized nutrition market is segmented based on product, application, age group, providers and geography. Based on product, the market is segmented into vitamins, herbs & botanicals, minerals, proteins & amino acids, fatty acids, probiotics, fibers & specialty carbohydrates and others including prebiotics, carotenoids, glucosamine etc. Among these, the vitamins dominated the global personalized nutrition market in 2018.

Based on application, the market is segmented into overall health/wellness, immune health, bone health, heart health, skin, hair & nails, digestive/gastrointestinal health, joint health and others including eye health, mental health etc. The overall health/wellness segment dominated the global personalized nutrition market in 2018. By 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. Based on age group, the 19-34 age group dominated the global personalized nutrition market in 2018. The growth of 19-34 age group segment is driven by increasing number of adult populations opting for personalized nutrition in developed countries.

By providers, the personalized nutrition market is segmented into wellness & fitness centers, medical profession & dietician, food delivery services and diagnostic companies (wearables) & laboratories. Based on providers, the diagnostic companies (wearables) & laboratories dominated the global personalized nutrition market in 2018.

North America accounted for the largest market share of personalized nutrition in 2018, dominated by the U.S. The growth in this region is supported by high incomes, world-class fitness and athletics infrastructure. The Europe also represents a major market for personalized nutrition, led by Germany, owing to increasing number of consumers opting for healthy lifestyles.

Recent growth of personalized nutrition market has been fueled by four key factors including increased demand for customized experiences, greater appreciation for healthier foods and better fitness, the ability to track health data on daily basis using wearable solutions, and ongoing breakthroughs in personalized or precision medicines. However, need of well qualified physicians & safety considerations coupled with high cost of personalized nutrition products is hampering the market growth.

The key competitors of this market include BASF SE, Caligenix, Care/of, DayTwo Inc., DNAFit, Genomix Nutrition, Inc. (GX Sciences, Inc.), Habit Food Personalized, LLC, InsideTracker (Segterra), Lonza, Metagenics, Inc, Mixfit Inc. (DSM), Nutrigenomix Inc., Telomere Diagnostics, Inc (TeloYears), Orig3n, Pure Encapsulations, SDC Nutrition Inc., STYRLABS, Vitagene, Vitamin Packs, Inc., and Zipongo.

PERSONALIZED NUTRITION

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