The global personalized nutrition market is worth US$ 3 Bn as of now, and expected to reach US$ 4.7 Bn by the year 2032 at a CAGR of 6.4% from 2022 to 2032.
Rising Health Awareness Propels Personalized Nutrition Market to Grand Growth
The global personalized nutrition market is poised for substantial growth, fueled by increasing health awareness and a surge in digitized healthcare solutions. The trend toward personalized nutrition is gaining momentum as individuals seek high-quality nutritional food tailored to their specific needs. The market is witnessing a shift towards direct-to-customer approaches, offering customizable and precise nutrient profiles through measurement tools such as testing kits, apps, and programs.
Key Highlights:
- Market Growth: The personalized nutrition market is expected to grow significantly, driven by the emphasis on health and personalized approaches in various industries.
- Measurement Tools: Testing kits, apps, and programs are widely used to provide customizable and precise nutrient profiles based on individual requirements.
- Direct-to-Customer Approach: Direct-to-customer delivery services are becoming a preferred channel, creating a lasting impact on consumers.
- Personalized Nutrition Tests: Various tests, including microbiome testing and genetic profiling, help identify foods best suited for dietary needs, weight management, and fitness goals.
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Geographical Insights:
- North America Dominance: North America leads the personalized nutrition market, with the United States offering meal customization through companies like The Counter and Chipotle.
- European Advancements: Germany leads personalized nutrition advancements in Europe, leveraging technological innovations to transform patient-generated data into valuable resources.
- Asia-Pacific Growth: China leads the Asia-Pacific market, experiencing a demand surge with a CAGR of close to 6.3% between 2022 and 2032.
Market Segmentation:
- Product Type: Personalized supplements hold over 27% of market share and are expected to witness a CAGR of 5.6% in the forecast period.
- Measurement Method: Standard measurement holds more than 46% of market share, projected to record a CAGR of 5.6% between 2022 and 2032
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Competitive Landscape:
- Herbalife Nutrition: Introduced new immunity essentials, including relaxation tea, with ‘EpiCor’ as a key ingredient.
- DNAfit: Launched a new ‘Health Fit’ DNA test to explore genetic factors affecting wellbeing and provide personalized insights on diets.
- Atlas Biomed Group: Introduced an AI-based Atlas app for personalized food and diet advice, working in conjunction with Atlas Microbiome Test.
- DSM: Completed the acquisition of AVA to propagate personalized nutrition delivery platforms like Tespo, Mixfit, and Panaceutics.
What does the Report Cover?
- Future Market Insights offers an exclusive perspective and various real-time insights on the personalized nutrition market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2022 – 2032.
- The research study is based on product type (personalized supplements, personalized diet plans, personalized beverages, and diseases based), by measurement method (active measurement and standard measurement), and by sales channel (direct-to-customer delivery services, wellness and fitness centers, hospitals & clinics, pharmacies, online, and retail stores).
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Global Personalized Nutrition Market by Category
By Product Type:
- Personalized Supplements
- Personalized Diet Plans
- Personalized Beverages
- Diseases Based
By Measurement Method:
- Active Measurement
- Standard Measurement
By Sales Channel:
- Direct to consumer Delivery Services
- Wellness and fitness centers
- Hospitals & Clinics
- Pharmacies
- Online
- Retail Stores
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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