Nutrigenomics Market Set to Exceed USD 0.9 Billion by 2030

The SNS Insider report projects that the Nutrigenomics Market, valued at USD 0.3 billion in 2022, is set to surge to USD 0.9 billion by 2030, boasting a compelling CAGR of 15.5% over the forecast period from 2023 to 2030.

The Nutrigenomics Market Report provides a comprehensive analysis of the global market for personalized nutrition based on genetic information. This report offers insights into key trends, opportunities, challenges, and emerging technologies within the nutrigenomics industry.

It outlines various factors that are driving the market growth, such as increasing consumer awareness regarding personalized nutrition, advancements in sequencing technologies, and rising prevalence of chronic diseases. Additionally, the report highlights key players operating in the nutrigenomics market, their financial performance, product portfolios, and strategic initiatives.

The data presented in this report is meticulously researched and validated to provide accurate and reliable information for stakeholders looking to make informed decisions regarding investments, partnerships, or expansion strategies in the nutrigenomics sector.

Nutrigenomics Market Analysis

Nutrigenomics Market Analysis involves the study of how individual genetic variations impact a person’s response to nutrients and diet. This emerging field combines genetics, nutrition, and bioinformatics to develop personalized dietary recommendations tailored to an individual’s unique genetic makeup.

By analyzing an individual’s genetic profile, researchers can identify specific gene-nutrient interactions that may influence their risk for certain diseases or conditions. This data is used by healthcare professionals to provide more targeted and effective nutritional advice, ultimately leading to improved health outcomes.

The Nutrigenomics Market is experiencing rapid growth due to increased interest in personalized medicine and the growing awareness of the impact of genetics on overall health and wellness. As research continues to advance in this field, it is expected that Nutrigenomics will play a significant role in shaping the future of healthcare and nutrition strategies.

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Key Players

• WellGen Inc (U.S.),
• Metagenics Inc. (U.S.),
• Genomix Nutrition Inc. (U.S.),
• Nutrigenomix (U.S.),
• NutraGene (India),
• XCODE Life Sciences Pvt. Ltd (India),
• Cura Integrative Medicine (Australia),
• GeneSmart Health, 
• and Others.

Nutrigenomics Market Segmentation Analysis

KEY SEGMENTS

By Product

By Technique

By Application

• Obesity
• Diabetes
• Anti-Agings
• Chronic Diseases

In 2022, the reagents & kits segment is anticipated to dominate the market during the forecast period. The trend towards personalized nutrition is steering consumers towards nutrigenomic testing, where individuals receive customized diet recommendations based on their genetic, phenotypic, and medical information.

In 2022, the buccal swab segment is expected to lead market growth. Numerous types of buccal swab kits available allow users to extract DNA-rich cells, enabling individuals to collect samples on their own.

The convenience of these kits, coupled with easy transportation to laboratories, positions buccal swabs as a dominant technique in the market.

Nutrigenomics Market Growth Factors

• At the heart of the Nutrigenomics Market’s growth is the escalating trend towards personalized nutrition. Consumers are increasingly recognizing the value of tailoring their dietary choices based on their unique genetic makeup, phenotypic traits, and medical conditions. The advent of nutrigenomic testing, facilitated by reagents and kits, allows individuals to receive personalized dietary recommendations, fostering a shift from generic nutritional advice to customized wellness plans.
• The dominance of the reagents & kits segment is attributed to advancements in genetic analysis techniques, making it more accessible and user-friendly. The availability of nutrigenomic testing kits empowers individuals to collect DNA-rich cells using buccal swabs at their convenience. This ease of sample collection and transportation to laboratories contributes to the dominance of the buccal swab technique, facilitating the widespread adoption of nutrigenomics.
• The Nutrigenomics Market’s growth is propelled by the increasing awareness among consumers about the potential benefits of personalized nutrition. As individuals become more informed about the role of genetics in shaping dietary requirements, the demand for nutrigenomics products and services is experiencing a surge. The market’s expansion is closely linked to the proactive approach of consumers towards their health, seeking solutions that align with their unique genetic predispositions.

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Nutrigenomics Market Key Regional Development

North America claimed a substantial market share in 2022, driven by expanding consumer awareness of personalized nutrition, a rising prevalence of chronic diseases, and increased healthcare spending. The United States, a frontrunner in the nutrigenomics market, benefits from a growing emphasis on personalized treatment, significant market participation, and supportive government initiatives promoting nutrigenomics.

Additionally, the adoption of new technologies in nutrition research further fuels market expansion in the region.

Asia-Pacific is poised to witness the fastest CAGR during the forecast period, fueled by the rising popularity of nutrigenomics for illness prevention and management. The region’s increasing prevalence of chronic diseases, aging population, and growing healthcare expenditure contribute to the rising demand for nutrigenomics products.

Countries like Japan and China, with a focus on tailored nutrition, are expected to drive significant growth in the nutrigenomics market.

Nutrigenomics Market Key Takeaways

• Nutrigenomics emerges as a beacon of personalized wellness, shaping the future of nutrition and well-being.
• The market’s growth is propelled by the intersection of genetics and nutrition science, offering tailored dietary solutions for individuals based on their unique genetic makeup.

Nutrigenomics Market Recent Developments

In March 2022: KaraMD introduced Pure Health Apple Cider Vinegar Gummies, emphasizing benefits such as ketosis support, digestion regulation, weight management, and increased energy levels.

In January 2022: Solace Nutrition, a US-based medical nutrition company, acquired R-Kane Nutritionals’ assets, fostering synergy between both brands and expanding into adjacent nutrition sectors. These developments underscore the evolving landscape of nutrition and wellness, aligning with the growing trend towards personalized health solutions.

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Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Nutrigenomics Market Segmentation, By Product
8.1 Reagents & Kits
8.2 Services

9. Nutrigenomics Market Segmentation, By Technique
9.1 Saliva
9.2 Buccal Swab
9.3 Blood

10. Nutrigenomics Market Segmentation, By Application
10.1 Obesity
10.2 Diabetes
10.3 Anti-Agings
10.4 Chronic Diseases

11. Regional Analysis

12 Company Profile

13. Competitive Landscape

14. Use Case and Best Practices

15. Conclusion

continued

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