Personalized Nutrition Market

Global Personalized Nutrition Market Size (2024 to 2029)

The global Personalized Nutrition Market size is anticipated to develop from USD 10.84 billion in 2024 to USD 21.80 billion by 2029, recording a compound annual development rate (CAGR) of 15.0% during the conjecture time frame.

The expanding interest in personalized arrangements because of the rising well-being mindset, the developing pattern of advanced answers for human services, and the maturing populace across districts are a portion of the main considerations that are anticipated to add to the development of the personalized nutrition market during the gauge time frame. Besides, the moving shopper patterns, for example, an expansion in the inclination for great dietary food, as indicated by their supplement profile is anticipated to support the improvement of personalized approaches for nutrition, adding to the market development.

MARKET DRIVERS AND MARKET RESTRAINTS

Mechanical advancement is driving the interest for personalization on all fronts, and this incorporates viewpoints, for example, physical wellness and diet.

As indicated by the latest study of the International Food Council's (IFIC) latest Food and Health Survey, 80% of respondents were astounded by clashing data about food and nutrition. The rest, 59%, showed this settled on them feeling uncertain about their decisions and that it transformed shopping into an unpleasant encounter. Innovative advances around there are being grown.

Shoppers are progressively searching for science-based and information-driven dietary arrangements that are custom-made to their particular well-being objectives. Late advances in diagnostics and following the wellbeing boundaries are assisting with addressing these necessities of clients by permitting people to find key data about their wellbeing and health markers. Be that as it may, there are several hindrances, for example, low purchaser mindfulness, absence of logical examination, and constraint in the reception of cutting-edge computational information-driven advancements; the requirement for personalized nutrition computational framework stays as the significant test for the personalized nutrition market during the conjecture time frame.

IMPACT OF COVID-19 ON THE GLOBAL PERSONALIZED NUTRITION MARKET

The global personalized nutrition market will observe development in 2020 as well, during the pandemic, because of an increment in the utilization of sports supplement items to improve the insusceptible framework. The market is relied upon to hold development during the gauge time frame significantly after recuperation from COVID-19 pandemic circumstances.

This market will multiply with its development much after recuperation from the COVID-19 pandemic. During this season of emergency, the greater part of the makers are accentuating R&D exercises to create novel items based on client personalization and customization, which are producing considerable development prospects in the worldwide market.

Moreover, there is a quickly expanding pattern for online wellness and body upkeep programs because of web infiltration, which will quicken the development of the market in the coming years.

REPORT COVERAGE 

SEGMENTAL ANALYSIS      

Global Personalized Nutrition Market Analysis By Product Type               

The active measurement portion is evaluated to represent the biggest offer in 2019 in the personalized nutrition market. Active measurement instruments incorporate applications, testing units, and projects.

Global Personalized Nutrition Market Analysis By Application

The standard supplements portion is anticipated to represent a bigger piece of the pie, trailed by the sickness-based section. The changing inclinations and rising mindfulness about the general well-being of people have prompted an expansion in the number of individuals deciding on standard supplements.

Global Personalized Nutrition Market Analysis By End User

The direct-to-customer fragment is anticipated to hold the biggest piece of the pie because of the changing inclinations of buyers for nutrition rich items accessible in the market to upgrade their wellbeing.

REGIONAL ANALYSIS              

North America is anticipated to represent a substantial portion of the global personalized nutrition market during the gauge time frame.

The North American market represented the highest share in 2019. The development of the market in this area is significantly determined by the rising mindfulness among purchasers about their well-being. Key players offering personalized nutrition are available in this locale, which is likewise anticipated to add to the development of the global personalized nutrition market. The area is seeing an expansion in the number of stoutness rates. Moreover, tumultuous and busier ways of life have urged purchasers to settle on particular dietary supplements that are custom-made to their particular necessities. Moreover, the ascent in the pay of purchasers in the locale will likewise add to their expanded purchasing power, which, thus, will urge them to decide on personalized consumption of calories according to their inclinations. The market has seen a remarkable development in the earlier years, inferable from a change in individuals' way of life as far as concentrating on wellness and wellbeing.

KEY PLAYERS IN THE GLOBAL PERSONALIZED NUTRITION MARKET

Major Key Players in the global personalized nutrition market are Amway (US), BASF (Germany), DSM (Netherlands), Herbalife Nutrition Ltd (US), DNAfit (UK), Care/of (US), Nutrigenomix (US), Zipongo (US), Viome (US), Habit (US), and Atlas Biomed Group Limited (UK)

RECENT HAPPENINGS IN THE MARKET

• In November 2019, DSM (Netherlands) obtained AVA (Boston, MA), which offers a computerized personalized nutrition stage that gives nutrition and training proposals over the wellbeing and health fragments. Personalized nutrition is a key segment in DSM's nutrition system and this methodology joins recently declared organizations and speculations across key capacities, including personalized nutrition conveyance stages, for example, Panaceutics, Mixfit, and Tespo. AVA is right now accessible in the US and Europe and can be handily altered to a wide assortment of utilization cases.
• In October 2019, Herbalife Nutrition (US) propelled unwinding tea and new insusceptibility fundamentals containing EpiCor to meet personalized nutrition needs in the North American area. This fortifies the organization's item portfolio for personalized nutrition.
• In November 2019, Amway (US) contributed USD 200 million to set up a dietary supplement advancement focus in China. This will help in offering modified arrangements and the general extension of the organization.
• In April 2019, DNAfit (UK) propelled another "Healthy Fit" DNA test, which investigates a few hereditary variables influencing a person's prosperity and gives personalized bits of knowledge on abstaining from food.
• In November 2019, Atlas Biomed Group (UK) propelled another AI-innovation-based Atlas application to give separately redid food and diet guidance that assists buyers with improving their gut well-being. The application worked in the mix with the Atlas Microbiome Test. This fortified the organization's personalized nutrition portfolio.

DETAILED SEGMENTATION OF GLOBAL PERSONALIZED NUTRITION MARKET INCLUDED IN THIS REPORT   

This research report on the global Personalized Nutrition Market has been segmented and sub-segmented based on product type, application, end-use & region.  

By Product Type          

• Functional food
• Dietary supplements and nutraceuticals
• Sports nutrigenomics
• Digitized DNA-based diet routine
• Active measurement
• Standard measurement
• Functional drink

By Application

• Inherited diseases
• Additional supplements
• Lifestyle diseases
• Medicinal supplements
• Sports Nutrition
• Standard supplements

By End Use

• Wellness & fitness centers
• Hospitals
• Ambulatory care
• Clinics,
• Home care
• Institutions
• Direct-to-consumer

By Region 

• North America 
• Europe 
• Asia Pacific 
• Latin America 
• Middle East and Africa