Nutrigenomics Market Size, Share, Analysis, Trends, Growth Report, 2032

Nutrigenomics Industry Prospective:

The global nutrigenomics market size was worth around USD 471.02 Million in 2023 and is predicted to grow to around USD 1,594.52 Million by 2032 with a compound annual growth rate (CAGR) of roughly 14.51% between 2024 and 2032.

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The report analyzes the global nutrigenomics  market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the nutrigenomics  industry. 

The report covers a forecast and an analysis of the global nutrigenomics market on a global and regional level. The study provides historical data for 2018 and 2022 along with a forecast from 2024 to 2032based on revenue (USD million). The study includes drivers and restraints of the global nutrigenomics market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the global nutrigenomics market on a global level.

Nutrigenomics Market: Overview

In order to give the users of this report a comprehensive view of the global nutrigenomics market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

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The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to regions.

Nutrigenomics Market?: Growth Drivers

The primary growth drivers of the global nutrigenomics market are the increasing prevalence of metabolic disorders, the growing number of people who are overweight throughout the world, and the expanding use of nutrigenomics in the field of dermatology among healthcare professionals. Further, the expansion of the global nutrigenomics market is being driven by a number of factors, including cumulative healthcare spending and government funding for a variety of research and development activities, ongoing technological improvements, and an increasing desire for better diagnostic procedures. On the other hand, the global market for nutrigenomics may be constrained by factors such as the scarce availability of qualified healthcare experts and service providers and the high cost of therapy.

Nutrigenomics Market: Report Scope

Nutrigenomics Market: Segmentation

The study provides a decisive view of the global nutrigenomics market is segmented based on product, application, and region. The regional segment includes North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa.

The global market for nutrigenomics is divided into submarkets based on the kind of product and the application of the product. Reagents, kits, and services are all included in the global market for nutrigenomics, which is organized according to the kind of product. In 2023, the reagents and kits category accounted for a significant portion of the worldwide nutrigenomics market share. This was primarily attributable to the growing awareness among the general public regarding chronic diseases and the increasing number of clinical laboratories. Attributable to the fast expanding healthcare information technology services, such as electronic health records, telepathy, and user-friendly portable healthcare apps for bedridden patients, it is anticipated that the nutrigenomics services will register a high compound annual growth rate (CAGR) in the global market during the course of the forecast time period.

Nutrigenomics Market: Competitive Analysis

Some major companies operating in the global nutrigenomics market are

• DSM N.V.
• Koninklijke
• BASF
• GeneSmart
• Unilever
• Danone
• Genova Diagnostics
• Metagenics
• Nutrigenomix
• WellGen
• Cell Logic.
• And Others

This report segments the global nutrigenomics market into:

Global Nutrigenomics Market: Product Analysis

• Reagents and Kits
• Services

Global Nutrigenomics Market: Application Analysis

• Cardiovascular Diseases
• Obesity
• Cancer
• Others Chronic Diseases

Global Nutrigenomics Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa