Nutrigenomics Market Future Demand, Top Leading Players, Trends and Forecast to 2027

Author : univdatos
Publish Date : 2021-10-26 07:39:51
Nutrigenomics Market Future Demand, Top Leading Players, Trends and Forecast to 2027

A comprehensive overview of the Nutrigenomics Market is recently added by UnivDatos Market Insights to its humongous database. The nutrigenomics market report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the nutrigenomics market. The nutrigenomics market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the nutrigenomics market at the global and regional levels. The Global Nutrigenomics Market is expected to grow at a CAGR of --% during the forecast period 2021-2027.

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Market Overview

Nutrigenomics represents clinical and basic research findings that decipher interactions between genes and the diet, emphasizing the identification of nutritionally relevant human and animal genes, and epigenetic markings. Also, it provides information about the role of gut microbiome in modulating the nutritional state. These findings are used by the key players for the creation of personalized nutrition products for consumers. For instance, in April 2018, Prenetics Limited announced that they had acquired DNAFit for approximately USD 10 million. This acquisition is a strategic step for the company as they look to provide consumer-based genomic servicing and testing capabilities, as they will look to provide consumers with specially designed diets, nutrition, and fitness plans. Also, the increasing mergers and acquisitions are expanding the reach of companies. In May 2019, Unilever announced that it has completed the acquisition with OLLY Nutrition, a U.S.-based premium wellbeing business in the vitamins, minerals, and supplements (VMS) category.

Furthermore, the increasing incidences of cardiovascular diseases worldwide is also expected to promote the nutrigenomics market during the forecast period. For instance, according to the World Health Organization (WHO) in June 2021, an estimated 17.9 million people died from CVDs, representing 32% of all global deaths. Of these deaths, 85% were due to heart attack and stroke. Additionally, most cardiovascular diseases will be prevented by addressing behavioral risk factors such as smoking, tobac.co use, unhealthy diet and obesity, physical inactivity, and harmful use of alcoho.l.

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COVID-19 Impact

The COVID 19 pandemic has disrupted many industries. During the pandemic time, doctors and researchers had advised to increase consumption of good nutritious food to gain high immunity to fight against Covid-19 virus. Owing to this the nutrigenomics market has increased its demand due to the increasing awareness among people regarding the importance of a good nutritious diet. For instance, according to a study of PubMed, in June 2020, the perception of weight gain was observed in 48.6% of the population; 3.3% of smokers decided to quit smoking; a slight increased physical activity has been reported, especially for bodyweight training, in 38.3% of respondents; the population group aged 18-30 years resulted in having a higher adherence to the Mediterranean diet when compared to the younger and the elderly population; 15% of respondents turned to farmers or organic, purchasing fruits and vegetables, especially in the North and Center of Italy, where BMI values were lower.

Global Nutrigenomics Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Product, the market is primarily bifurcated into

  • Reagents & Kits
  • Services

The reagents & kits segment grabbed the major market in 2020 due to the surge in demand for ancestry testing, with the use of cheek swabs or saliva DNA test kits, especially in the regions like Europe and North America. For instance, according to the data given by the MIT Institute and Technology, more than 26 million customers had added their respective DNA to four major health databases and commercial ancestry.

By Technique, the market is primarily bifurcated into

  • Saliva
  • Buccal Swab
  • Blood
  • Others

The saliva segment ruled the major market and accounted for the maximum share in 2020. This has positively influenced the segment demand in the industry. The healthcare experts collect saliva samples to analyze DNA for genetic variations that affect food and beverage. 

By Application, the market is primarily bifurcated into

  • Obesity
  • Cardiovascular Disorders
  • Diabetes
  • Anti-Aging
  • Cancer Research
  • Others

The obesity segment grabbed the major market in 2020. The increasing obese population is due to the rise in the prevalence of lifestyle and eating habits of the population. Further, nutrigenomics helps in understanding the population on an individual gene level and as per the genes, a properly nutritious diet will promote a reduction in obesity. This innovative approach of nutrigenomics helps in the effective prevention and treatment of diseases and is the key driving factor boosting the growth of this segment. 

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Nutrigenomics Market Geographical Segmentation Includes:

  • North America (the United States, Canada, and Rest of North America)
  • Europe (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
  • Rest of the World

Based on the estimation, North America constitutes a major market for nutrigenomics and generated maximum revenue in 2020 owing to the high government funding, robust personal healthcare spending, developed awareness programs, rapid acceptance of new analytical techniques, and the presence of skilled professionals and physicians.

The major players targeting the market includes

  • Unilever Group
  • WellGen Inc.
  • DSM
  • Metagenics Inc.
  • Nutrigenomix Inc.
  • GX Sciences Inc.
  • BASF SE
  • Cura Integrative Medicine
  • Danone
  • Xcode Life

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the flow cytometry market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

  • What are the latest trends, new patterns, and technological advancements in the nutrigenomics market?
  • Which factors are influencing the nutrigenomics market over the forecast period?
  • What are the global challenges, threats, and risks in the nutrigenomics market?
  • Which factors are propelling and restraining the nutrigenomics market?
  • What are the demanding global regions of the nutrigenomics market?
  • What will be the global market size in the upcoming years?
  • What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

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About UnivDatos Market Insights

UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.

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