The global Nutrigenomics market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities of Nutrigenomics market. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, RD advancements, and industrial penetration of Nutrigenomics market.
The global nutrigenomics market size is expected to reach USD 1,289.7 Million in 2028 and register a steady revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by increasing global burden of nutrition-related non-communicable diseases. Nutrigenomics is expected to help minimize the burden of nutrition-related non-communicable diseases through development of more sustainable approaches to encourage dietary change at a population-level. Establishment of organizations such as the International Society for Nutrigenomics Nutrigenetics and European Nutrigenomics Organizations (NUGO) has resulted in increasing research and development activities around nutrigenomics.
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The report also profiles established and emerging players of the Nutrigenomics market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
Some major companies operating in the market include Koninklijke DSM N.V., BASF SE, Danone S.A., Unilever plc, Genova Diagnostics, Nutrigenomix Inc., Metagenics, Inc., GX Sciences Inc., Cell-Logic, and Xcode Life.
Highlights from the Report
- Obesity segment accounted for largest revenue share in 2020. Increasing prevalence of obesity among the growing population due to sedentary lifestyle and food habits is expected to boost growth of the market during the forecast period.
- Reagents and kits segment revenue is expected to expand at a rapid CAGR during the forecast period. Shifting consumer preference towards personalized nutrition is expected to drive demand for nutrigenomic testing kits, in order to get a personalized diet based on individual’s genetic, phenotypic, and medical information.
- North America accounted for largest revenue share contribution to the global nutrigenomics market in 2020. Increasing research and development activities related to nutrigenomics is expected to boost market growth in the region during the forecast period.
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The report studies the historical data of the Nutrigenomics Market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects.
For the purpose of this report, Emergen Research has segmented the global nutrigenomics market on the basis of application, product, and region:
Application Outlook (Revenue, USD Million; 2018–2028)
- Cardiovascular Diseases
- Cancer Research
- Obesity
- Diabetes
- Others
Product Outlook (Revenue, USD Million; 2018–2028)
- Reagents and Kits
- Services
The complete regional analysis covers:
North America (U.S., Canada, Mexico
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Points of Nutrigenomics Market:
Extensive coverage of the analysis of the Nutrigenomics market
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Nutrigenomics market
Complete data about the key manufacturers and vendors in the Nutrigenomics market
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