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Global Nutrigenomics Market Overview
The Global Nutrigenomics market size is estimated to reach $937 million by 2026, growing at a CAGR of 15.7% over the forecast period of 2021-2026. Nutrigenomics, known as Nutritional genomics, is the science of studying the relationship between human genetics, nutrition and health. Nutrigenomics involves the determination of genetic sequences to help design food based on thought-provoking reactions to genetic engineering.
It investigates the relationship between nutrition and the genome, metabolic pathways, and genetic expression and helps understand how the body reacts to certain foods, supplements, and beverages. Thus, it provides the final result of a solid foundation for healthy eating advice. However, diet is an important determining factor in the disease. Dietary patterns and risk factors are linked to defining risk factors for cardiovascular disease, diabetes and cancer.
Impact of COVID-19:
COVID-19 had a positive impact on the market. Rising awareness regarding nutrition habits and healthy food, food allergies, personalized and preference for personalized health, among other factors, has brought people to go for pharmacogenetics testing and has shown growth in the market.
Key Takeaways from Global Nutrigenomics Market Report:
By Application, the market for Obesity Segment to grow at the highest CAGR during the forecast period
During the forecast period, the market for the obesity segment is predicted to develop at the fastest rate of XX%. This growth is owing to the huge burden of obesity. Globally it poses a great need for treatment, thus, advancing the market for Nutrigenomics. For example, according to a study article by Rujuta Sachin Hadaye et al., Published in the Indian Journal of Community Medicine September 2020, India, the prevalence of obesity was 42.01%, and the average obesity (NWO) was 16.1%. A high protein diet, sex, hard work, and eating alcohol were strongly associated with obesity. The obesity segment will also dominate the industry in the year 2020. The number of obese people is growing due to the increasing prevalence of lifestyle and eating habits of consumers. The diabetic segment will witness the highest CAGR of XX% during the forecast period.
By Product, Reagents & Kits Segment to grow at the highest CAGR during the forecast period
The reagents & kits segment is predicted to develop at the fastest CAGR during the projection period. The segment also held the largest share in the year 2020. It is due to the shifting consumer preference over personalized nutrition diets based on genetic, phenotypic, and medical information. The reagents & kits segment will witness the highest CAGR of XX% during the forecast period. Major players are investing heavily to comeup with easy-to-use kits allowing consumers to operate with ease, thus driving the market growth. The objective of consumers to get personalized diet plans is to push the dietitians for nutrigenomics testing kits.
North America to account for the largest market share during the forecast period.
North America held the largest share of the Nutrigenomics market in 2020, with a global market share of 33%. This region's growth is due to the introduction and development of a targeted nutrigenomics kit for consumers. In Addition, the increase in food and specialty foods will boost the growth of the nutrigenomics market in the region during the forecast period.
The Asia Pacific is set to be the fastest-growing over 2021-2026. This growth is owing to the demand for functional food and beverages. In Addition, the adoption of nutrigenomic strategies in countries like Japan, China and India is expected to further the growth of the nutrigenomics market in the region in the coming years.
Market Dynamics
Driver: Increase in Medical Treatment costs is Projected To Drive The Growth Of Nutrigenomics Market.
Demand for Nutrigenomics is increasing due to rising medical and drug costs. The high cost of medicines and medicines serves as a burden to consumers. In Addition, an increase in demand for evaluating food safety is rapidly growing the market. Various development in the global market in nutrition and diet also positively affected the nutrigenomic market in the global market. People prefer to use dietary supplements and other products based on Nutrigenomics. In Addition, The discovery of nutrigenomic technology that allows people to make informed decisions about their diet and health serves as drivers to support the growth of the Nutrigenomics market.
Challenge: Challenges Of Nutrigenomics: Lack of Proven Results for Nutrigenomics Study Support.
There is no doubt that Nutrigenomics is meant to help and understand the role of genes in health and disease, providing better therapeutic interventions. But there are no proven results for the same. Also, the lack of regulatory authorization in Nutrigenomics could disrupt the market. The setup costs for implementing a nutrigenomics approach require large amounts of money, skilled professionals, and doctors to implement this technology. Apart from that, concerns about the ethics of this technology are also a matter of concern and challenge to the growth of this market. These issues are thus hampering the growth of the Nutrigenomics Market.
Key Market Players
Key Players in the Global Nutrigenomics Market consist of Cura Integrative Medicine, Salugen, Genelex, Gene Box, Interleukin Genetics, Metagenics, Pathway Genomics, NutraGene, Holistic Heal, Nutrigenomix, GX Sciences, GeneLink, Xcode Life and Sanger Genomics.
Recent Developments:
In December 2020, BASF entered an agreement to sell its manufacturing site in Kankakee, Illinois, to One Rock Capital Partners LLC, a US-based private equity firm.
Report Coverage and Scope
The report "Global Nutrigenomics Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.
By Product
By Technique
By Age Group
By Application
By Distribution Channel
By Geography
Chapter 1 Nutrigenomics Market Overview
1.1 Product Overview and Scope of Nutrigenomics
1.2 Nutrigenomics Market Segmentation By Product Type
1.2.1 Reagents & Kits
1.2.2 Services
1.3 Nutrigenomics Market Segmentation By Application
1.3.1 Anti-aging
1.3.2 Chronic diseases
1.3.3 Obesity
1.3.4 Diabetes
1.4 Nutrigenomics Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Nutrigenomics (2015-2027)
Chapter 2 Global Economic Impact on Nutrigenomics Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions
Chapter 3 Global Nutrigenomics Market Competition by Manufacturers
3.1 Global Nutrigenomics Production and Share by Manufacturers (2021 and 2021)
3.2 Global Nutrigenomics Revenue and Share by Manufacturers (2021 and 2021)
3.3 Global Nutrigenomics Average Price by Manufacturers (2021 and 2021)
3.4 Manufacturers Nutrigenomics Manufacturing Base Distribution, Production Area and Product Type
3.5 Nutrigenomics Market Competitive Situation and Trends
3.5.1 Nutrigenomics Market Concentration Rate
3.5.2 Nutrigenomics Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion
Chapter 4 Global Nutrigenomics Production, Revenue (Value) by Region (2015-2021)
4.1 Global Nutrigenomics Production by Region (2015-2021)
4.2 Global Nutrigenomics Production Market Share by Region (2015-2021)
4.3 Global Nutrigenomics Revenue (Value) and Market Share by Region (2015-2021)
4.4 Global Nutrigenomics Production, Revenue, Price and Gross Margin (2015-2021)
4.5 North America Nutrigenomics Production, Revenue, Price and Gross Margin (2015-2021)
4.6 Europe Nutrigenomics Production, Revenue, Price and Gross Margin (2015-2021)
4.7 China Nutrigenomics Production, Revenue, Price and Gross Margin (2015-2021)
4.8 Japan Nutrigenomics Production, Revenue, Price and Gross Margin (2015-2021)
4.9 Southeast Asia Nutrigenomics Production, Revenue, Price and Gross Margin (2015-2021)
4.10 India Nutrigenomics Production, Revenue, Price and Gross Margin (2015-2021)
Chapter 5 Global Nutrigenomics Supply (Production), Consumption, Export, Import by Regions (2015-2021)
5.1 Global Nutrigenomics Consumption by Regions (2015-2021)
5.2 North America Nutrigenomics Production, Consumption, Export, Import by Regions (2015-2021)
5.3 Europe Nutrigenomics Production, Consumption, Export, Import by Regions (2015-2021)
5.4 China Nutrigenomics Production, Consumption, Export, Import by Regions (2015-2021)
5.5 Japan Nutrigenomics Production, Consumption, Export, Import by Regions (2015-2021)
5.6 Southeast Asia Nutrigenomics Production, Consumption, Export, Import by Regions (2015-2021)
5.7 India Nutrigenomics Production, Consumption, Export, Import by Regions (2015-2021)
Chapter 6 Global Nutrigenomics Production, Revenue (Value), Price Trend by Type
6.1 Global Nutrigenomics Production and Market Share by Type (2015-2021)
6.2 Global Nutrigenomics Revenue and Market Share by Type (2015-2021)
6.3 Global Nutrigenomics Price by Type (2015-2021)
6.4 Global Nutrigenomics Production Growth by Type (2015-2021)
Chapter 7 Global Nutrigenomics Market Analysis by Application
7.1 Global Nutrigenomics Consumption and Market Share by Application (2015-2021)
7.2 Global Nutrigenomics Consumption Growth Rate by Application (2015-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries
Chapter 8 Nutrigenomics Manufacturing Cost Analysis
8.1 Nutrigenomics Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labour Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Nutrigenomics
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Nutrigenomics Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Nutrigenomics Major Manufacturers in 2021
9.4 Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
Chapter 12 Global Nutrigenomics Market Forecast (2021-2027)
12.1 Global Nutrigenomics Production, Revenue Forecast (2021-2027)
12.2 Global Nutrigenomics Production, Consumption Forecast by Regions (2021-2027)
12.3 Global Nutrigenomics Production Forecast by Type (2021-2027)
12.4 Global Nutrigenomics Consumption Forecast by Application (2021-2027)
12.5 Nutrigenomics Price Forecast (2021-2027)
Chapter 13 Appendix
Nutrigenomics, known as Nutritional genomics, is the science of studying the relationship between human genetics, nutrition and health. Nutrigenomics involves the determination of genetic sequences to help design food based on thought-provoking reactions to genetic engineering.
The Global Nutrigenomics market size is estimated to reach $937 million by 2026, growing at a CAGR of 15.7% over the forecast period of 2021-2026.
Increase in Medical Treatment costs is Projected To Drive The Growth Of Nutrigenomics Market. Demand for Nutrigenomics is increasing due to rising medical and drug costs. The high cost of medicines and medicines serves as a burden to consumers.
Cura Integrative Medicine, Salugen, Genelex, Gene Box, Interleukin Genetics, Metagenics, Pathway Genomics, NutraGene, Holistic Heal, Nutrigenomix, GX Sciences, GeneLink, Xcode Life and Sanger Genomics.
North America held the largest share of the Nutrigenomics market in 2020, with a global market share of 33%. This region's growth is due to the introduction and development of a targeted nutrigenomics kit for consumers.
Published On:Dec-21
Base Year:2020
Historical Data:2017 - 2019
No of Pages:120
Nutrigenomics Market By Product Type (Reagents & K...
RD Code : HP22