The Personalized Nutrition Market to Reach USD 24 Billion by 2028, Growing at a CAGR of 16% During 2022-2028 - Arizton

CHICAGO, Feb. 7, 2023 /PRNewswire/ -- According to Arizton's latest research report, the personalized nutrition market to grow at a CAGR of 16.61% during 2022-2028. Rising technology innovation and advancements, growth opportunities through collaborations and strategic partnerships, and personalization shaping the food & healthcare industry are significant factors driving the market. North America accounts for the largest share of the personalized nutrition market. The growth in the region is majorly driven by increasing awareness among consumers about health and fitness. Nutrino, one of the players offering personalized nutrition applications, provides nutrition-related data, analysis, and technology services. The app FoodPrint helps in discovering the connection between an individual and food for a better understanding of nutrition consumption. Due to the COVID-19 outbreak, businesses have started to understand more about the requirements and needs of consumers. The pandemic will continue to act as a significant driver for the personalized nutrition market in the long run.

Global Personalized Nutrition Market Report Scope

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The R&D initiatives in personalized nutrition involve collaborative innovation as personalized nutrition requires technologies such as data tracking and collection to obtain individual health data. With these technologies, an individual's health data could be obtained, and by comprehensive data accumulation, the individual health database and standards could be established. Therefore, many players are collaborating with material suppliers, scientific research institutions, medical institutions, and other stakeholders to build a personalized nutrition industry alliance and integrate R&D, production, and education. The collaboration could help in the proper utilization of resources and effectively carrying out R&D activities and development solutions focusing on the application in the end market.

Key Winning Imperatives in the Global Personalized Nutrition Market

• Wellness is emerging as a priority for consumers, and innovations associated with personalized vitamins and DNA-based diets are transforming how they approach nutrition.
• The growing popularity of at-home diagnostics kits drives personalized nutrition as consumers look to comprehend their bodies and heritage better.
• Personalized nutrition is an emerging trend as consumers are willing to pay for customized nutrition.

Vendor Insights

The personalized nutrition market is highly competitive due to the presence of numerous players. Rapid technological improvements adversely impact market vendors as consumers expect continuous product upgrades. Presently, the market is dominated by vendors that have an international presence. Many international players are expected to expand their reach worldwide during the forecast period, especially in the fast-developing countries of the APAC region and Latin America, to enhance their market share.

Some prominent personalized nutrition market players with a dominant presence include BASF SE, Herbalife Nutrition, DSM, Nutrigenomix, and Amway. Most major vendors are adopting innovative technologies to retain their market position. Nutrigenomix launched a 70-gene test for personalized nutrition in 2020. The expanded panel adds to the biohacking toolkit, which assists dietitians in making DNA-based dietary recommendations customized to specific requirements and goals.

Key Company Profiles

• Amway
• Herbalife Nutrition
• Nutrigenomix
• BASF SE
• DSM
• Atlas Biomed
• DNAlysis
• Persona
• Bactolac Pharmaceutical
• Balchem
• Wellness Coaches
• DayTwo
• BiogeniQ
• mindbodygreen
• Helix & Gene
• Metagenics
• Baze
• GX Sciences
• Viome
• Zipongo
• Care/of
• DNAfit
• Vitagene
• InstaFit
• Segterra
• Nutrino
• Nourished
• Rootine
• Supp Nutrition

Market Segmentation

Product

• Dietary Supplements & Nutraceuticals
• Functional Foods & Beverages
• Sports Nutrigenomics
• Digitized DNA

Form

• Tablets
• Capsules
• Powders
• Liquids
• Others

Application

• Standard Supplement
• Diseased-Based
• Sports Nutrition

End-User

• Direct-to-consumers
• Wellness & Fitness Centers
• Hospitals & Clinics
• Institutions
• Others

Geography

• North America
• The US
• Canada
• Europe
• Germany
• France
• The UK
• Italy
• Spain
• Norway
• Sweden
• Finland
• Denmark
• Belgium
• Switzerland
• Russia
• APAC
• China
• Japan
• South Korea
• Australia
• India
• Malaysia
• Singapore
• Indonesia
• Middle East & Africa
• South Africa
• Turkey
• Saudi Arabia
• The UAE
• Israel
• Latin America
• Brazil
• Mexico
• Colombia

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Table of Content

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.4 MARKET SEGMENTATION

4.4.1 MARKET BY PRODUCT

4.4.2 MARKET BY FORM

4.4.3 MARKET BY APPLICATION

4.4.4 MARKET BY END-USER

4.4.5 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 MARKET AT A GLANCE

7 PREMIUM INSIGHTS

7.1 MARKET OVERVIEW

7.1.1 MARKET TRENDS

7.1.2 MARKET OPPORTUNITIES

7.1.3 MARKET ENABLERS

7.1.4 MARKET CHALLENGES

7.2 SEGMENT OVERVIEW

7.3 COMPETITIVE LANDSCAPE

8 INTRODUCTION

8.1 OVERVIEW

8.1.1 MEASUREMENT TOOLS

8.2 OPPORTUNITIES & SOLUTIONS IN THE PERSONALIZED NUTRITION INDUSTRY

8.3 VALUE CHAIN ANALYSIS

8.4 CONSUMER BEHAVIOUR

9 MARKET OPPORTUNITIES & TRENDS

9.1 RISING TECHNOLOGY INNOVATIONS AND ADVANCEMENTS

9.2 GROWTH OPPORTUNITIES THROUGH COLLABORATIONS AND STRATEGIC PARTNERSHIPS

9.3 PERSONALIZATION SHAPING THE FOOD & HEALTHCARE INDUSTRY

10 MARKET GROWTH ENABLERS

10.1 RISE IN THE AGING POPULATION

10.2 RISING HEALTH AWARENESS AMONG CONSUMERS

10.3 INCREASING DIGITAL HEALTHCARE

11 MARKET RESTRAINTS

11.1 STRINGENT RULES AND REGULATIONS

11.2 COSTLY DIETARY SUPPLEMENTS AND NUTRITION PLANS

11.3 INSUFFICIENCY OF DATA STANDARDIZATION

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.2 MARKET SIZE & FORECAST

12.3 FIVE FORCES ANALYSIS

12.3.1 THREAT OF NEW ENTRANTS

12.3.2 BARGAINING POWER OF SUPPLIERS

12.3.3 BARGAINING POWER OF BUYERS

12.3.4 THREAT OF SUBSTITUTES

12.3.5 COMPETITIVE RIVALRY

13 PRODUCT

13.1 MARKET SNAPSHOT & GROWTH ENGINE

13.2 MARKET OVERVIEW

13.3 DIETARY SUPPLEMENTS & NUTRACEUTICALS

13.3.1 MARKET OVERVIEW

13.3.2 MARKET SIZE & FORECAST

13.3.3 MARKET BY GEOGRAPHY

13.4 FUNCTIONAL FOODS & BEVERAGES

13.4.1 MARKET OVERVIEW

13.4.2 MARKET SIZE & FORECAST

13.4.3 MARKET BY GEOGRAPHY

13.5 SPORTS NUTRIGENOMICS

13.5.1 MARKET OVERVIEW

13.5.2 MARKET SIZE & FORECAST

13.5.3 MARKET BY GEOGRAPHY

13.6 DIGITALIZED DNA

13.6.1 MARKET OVERVIEW

13.6.2 MARKET SIZE & FORECAST

13.6.3 MARKET BY GEOGRAPHY

14 FORM

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.3 TABLETS

14.3.1 MARKET OVERVIEW

14.3.2 MARKET SIZE & FORECAST

14.3.3 MARKET BY GEOGRAPHY

14.4 CAPSULES

14.4.1 MARKET OVERVIEW

14.4.2 MARKET SIZE & FORECAST

14.4.3 MARKET BY GEOGRAPHY

14.5 POWDERS

14.5.1 MARKET OVERVIEW

14.5.2 MARKET SIZE & FORECAST

14.5.3 MARKET BY GEOGRAPHY

14.6 LIQUIDS

14.6.1 MARKET OVERVIEW

14.6.2 MARKET SIZE & FORECAST

14.6.3 MARKET BY GEOGRAPHY

14.7 OTHERS

14.7.1 MARKET OVERVIEW

14.7.2 MARKET SIZE & FORECAST

14.7.3 MARKET BY GEOGRAPHY

15 APPLICATION

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 MARKET OVERVIEW

15.3 STANDARD SUPPLEMENTS

15.3.1 MARKET OVERVIEW

15.3.2 MARKET SIZE & FORECAST

15.3.3 MARKET BY GEOGRAPHY

15.4 DISEASE-BASED

15.4.1 MARKET OVERVIEW

15.4.2 MARKET SIZE & FORECAST

15.4.3 MARKET BY GEOGRAPHY

15.5 SPORTS NUTRITION

15.5.1 MARKET OVERVIEW

15.5.2 MARKET SIZE & FORECAST

15.5.3 MARKET BY GEOGRAPHY

16 END-USER

16.1 MARKET SNAPSHOT & GROWTH ENGINE

16.2 MARKET OVERVIEW

16.3 DIRECT CONSUMERS

16.3.1 MARKET OVERVIEW

16.3.2 MARKET SIZE & FORECAST

16.3.3 MARKET BY GEOGRAPHY

16.4 WELLNESS & FITNESS CENTERS

16.4.1 MARKET OVERVIEW

16.4.2 MARKET SIZE & FORECAST

16.4.3 MARKET BY GEOGRAPHY

16.5 HOSPITALS & CLINICS

16.5.1 MARKET OVERVIEW

16.5.2 MARKET SIZE & FORECAST

16.5.3 MARKET BY GEOGRAPHY

16.6 INSTITUTIONS

16.6.1 MARKET OVERVIEW

16.6.2 MARKET SIZE & FORECAST

16.6.3 MARKET BY GEOGRAPHY

16.7 OTHERS

16.7.1 MARKET OVERVIEW

16.7.2 MARKET SIZE & FORECAST

16.7.3 MARKET BY GEOGRAPHY

17 GEOGRAPHY

17.1 MARKET SNAPSHOT & GROWTH ENGINE

17.2 GEOGRAPHIC OVERVIEW

18 NORTH AMERICA

18.1 MARKET OVERVIEW

18.2 MARKET SIZE & FORECAST

18.3 PRODUCT

18.3.1 MARKET SIZE & FORECAST

18.4 FORM

18.4.1 MARKET SIZE & FORECAST

18.5 APPLICATION

18.5.1 MARKET SIZE & FORECAST

18.6 END-USER

18.6.1 MARKET SIZE & FORECAST

18.7 KEY COUNTRIES

18.7.1 US: MARKET SIZE & FORECAST

18.7.2 CANADA: MARKET SIZE & FORECAST

19 EUROPE

19.1 MARKET OVERVIEW

19.2 MARKET SIZE & FORECAST

19.3 PRODUCT

19.3.1 MARKET SIZE & FORECAST

19.4 FORM

19.4.1 MARKET SIZE & FORECAST

19.5 APPLICATION

19.5.1 MARKET SIZE & FORECAST

19.6 END-USER

19.6.1 MARKET SIZE & FORECAST

19.7 KEY COUNTRIES

19.7.1 GERMANY: MARKET SIZE & FORECAST

19.7.2 FRANCE: MARKET SIZE & FORECAST

19.7.3 UK: MARKET SIZE & FORECAST

19.7.4 ITALY: MARKET SIZE & FORECAST

19.7.5 SPAIN: MARKET SIZE & FORECAST

19.7.6 NORWAY: MARKET SIZE & FORECAST

19.7.7 SWEDEN: MARKET SIZE & FORECAST

19.7.8 FINLAND: MARKET SIZE & FORECAST

19.7.9 DENMARK: MARKET SIZE & FORECAST

19.7.10 BELGIUM: MARKET SIZE & FORECAST

19.7.11 SWITZERLAND: MARKET SIZE & FORECAST

19.7.12 RUSSIA: MARKET SIZE & FORECAST

20 APAC

20.1 MARKET OVERVIEW

20.2 MARKET SIZE & FORECAST

20.3 PRODUCT

20.3.1 MARKET SIZE & FORECAST

20.4 FORM

20.4.1 MARKET SIZE & FORECAST

20.5 APPLICATION

20.5.1 MARKET SIZE & FORECAST

20.6 END-USER

20.6.1 MARKET SIZE & FORECAST

20.7 KEY COUNTRIES

20.7.1 CHINA: MARKET SIZE & FORECAST

20.7.2 JAPAN: MARKET SIZE & FORECAST

20.7.3 SOUTH KOREA: MARKET SIZE & FORECAST

20.7.4 AUSTRALIA: MARKET SIZE & FORECAST

20.7.5 INDIA: MARKET SIZE & FORECAST

20.7.6 SINGAPORE: MARKET SIZE & FORECAST

20.7.7 INDONESIA: MARKET SIZE & FORECAST

20.7.8 MALAYSIA: MARKET SIZE & FORECAST

21 MIDDLE EAST & AFRICA

21.1 MARKET OVERVIEW

21.2 MARKET SIZE & FORECAST

21.3 PRODUCT

21.3.1 MARKET SIZE & FORECAST

21.4 FORM

21.4.1 MARKET SIZE & FORECAST

21.5 APPLICATION

21.5.1 MARKET SIZE & FORECAST

21.6 END-USER

21.6.1 MARKET SIZE & FORECAST

21.7 KEY COUNTRIES

21.7.1 SOUTH AFRICA: MARKET SIZE & FORECAST

21.7.2 TURKEY: MARKET SIZE & FORECAST

21.7.3 SAUDI ARABIA: MARKET SIZE & FORECAST

21.7.4 UAE: MARKET SIZE & FORECAST

21.7.5 ISRAEL: MARKET SIZE & FORECAST

22 LATIN AMERICA

22.1 MARKET OVERVIEW

22.2 MARKET SIZE & FORECAST

22.3 PRODUCT

22.3.1 MARKET SIZE & FORECAST

22.4 FORM

22.4.1 MARKET SIZE & FORECAST

22.5 APPLICATION

22.5.1 MARKET SIZE & FORECAST

22.6 END-USER

22.6.1 MARKET SIZE & FORECAST

22.7 KEY COUNTRIES

22.7.1 BRAZIL: MARKET SIZE & FORECAST

22.7.2 MEXICO: MARKET SIZE & FORECAST

22.7.3 COLOMBIA: MARKET SIZE & FORECAST

23 COMPETITIVE LANDSCAPE

23.1 COMPETITION OVERVIEW

24 KEY COMPANY PROFILES

24.1 AMWAY

24.1.1 BUSINESS OVERVIEW

24.1.2 PRODUCT OFFERINGS

24.1.3 KEY STRATEGIES

24.1.4 KEY STRENGTHS

24.1.5 KEY OPPORTUNITIES

24.2 HERBALIFE NUTRITION

24.3 NUTRIGENOMIX

24.4 BASF

24.5 DSM

25 OTHER PROMINENT VENDORS

25.1 ATLAS BIOMED

25.1.1 BUSINESS OVERVIEW

25.1.2 PRODUCT OFFERINGS

25.2 DNALYSIS

25.3 PERSONA

25.4 BACTOLAC PHARMACEUTICAL

25.5 BALCHEM

25.6 WELLNESS COACHES

25.7 DAYTWO

25.8 BIOGENIQ

25.9 MINDBODYGREEN

25.10 HELIX & GENE

25.11 METAGENICS

25.12 BAZE

25.13 GX SCIENCES

25.14 VIOME

25.15 ZIPONGO

25.16 CARE/OF

25.17 DNAFIT

25.18 VITAGENE

25.19 INSTAFIT

25.2 SEGTERRA

25.21 NUTRINO

25.22 NOURISHED

25.23 ROOTINE

25.24 SUPP NUTRITION

26 REPORT SUMMARY

26.1 KEY TAKEAWAYS

26.2 STRATEGIC RECOMMENDATIONS

27 QUANTITATIVE SUMMARY

27.1 PRODUCT

27.2 FORM

27.3 APPLICATION

27.4 END-USER

27.5 MARKET BY GEOGRAPHY

27.6 NORTH AMERICA

27.6.1 PRODUCT

27.6.2 FORM

27.6.3 APPLICATION

27.6.4 END-USER

27.7 EUROPE

27.7.1 PRODUCT

27.7.2 FORM

27.7.3 APPLICATION

27.7.4 END-USER

27.8 APAC

27.8.1 PRODUCT

27.8.2 FORM

27.8.3 APPLICATION

27.8.4 END-USER

27.9 MIDDLE EAST & AFRICA

27.9.1 PRODUCT

27.9.2 FORM

27.9.3 APPLICATION

27.9.4 END-USER

27.1 LATIN AMERICA

27.10.1 PRODUCT

27.10.2 FORM

27.10.3 APPLICATION

27.10.4 END-USER

28 APPENDIX

28.1 ABBREVIATIONS

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