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The Worldwide Personalized Nutrition Industry is Projected to Reach $37 Billion by 2030 at a 11.4% CAGR

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Research and Markets

Nov 23, 2022, 06:45 ET

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DUBLIN, Nov. 23, 2022 /PRNewswire/ -- The "Personalized Nutrition Market By Product Type, By Application, By End Use: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to  ResearchAndMarkets.com's offering.

The global personalized nutrition market was valued at $14,612.1 million in 2021 and is projected to reach $37,286.9 million by 2030, growing at a CAGR of 11.48% from 2022 to 2030.

A major factor driving the personalized nutrition market is the growing popularity of receiving nutritional guidance based on individual needs. Personalized nutrition is expected to gain traction as the number of obese and unhealthy people rises, as do busy and unhealthy eating habits. Personalized nutrition is a diet that is recommended to meet specific nutritional needs of individuals. Personalized nutrition can also reveal a detailed history of a person's metabolism, environmental exposure, genetic profile, personal wellness goals, and microbiome composition.

Companies that are emerging in the personalized nutrition industry are already leading market players in terms of customer innovation. For example, in March 2018, BASF SE, a German chemical company, announced the launch of personalized nutrition solutions under the brand name 'Newtrition.' The solutions' main goal is to provide personal health assessments that include an omega-3 index. Similarly, the company provides a variety of nutrition solutions and brands that reduce the risk factor in chronic diseases. Such personalized nutrition benefits are expected to boost market revenue over the forecast period.

Despite growing demand for personalized nutrition for health, some major factors that hampers the market growth are its high cost, that are expected to hamper the growth of personalized nutrition market.

Furthermore, several market players are continuously implementing various initiatives such as business expansion and collaborations to gain a major position in the overall marketplace. For instance, Herbalife Nutrition, a US based company, on October 2019 announced that they have launched new immunity essentials and relaxation tea that is used to meet the nutrition demand in the body.

This will strengthen the company's product portfolio for personalized nutrition. Also, DSM, a science-based company in Nutrition, on November 2019 acquired AVA (Boston, MA). This acquisition will offer digital personalized nutrition platform and nutritionists across the wellness and health segments. Presence of global players such as DSM that are following strategies such as acquisition, partnership and product innovation will ultimately drive the market of personalized nutrition.

The global personalized nutrition market is segmented on the basis of product type, application, end-use, and region. By product type, the market has been divided into active measurement and standard measurement. By application, the market has been divided into standard supplements and disease based. By end-use, the market is divided into direct-to-consumer, wellness & fitness center, hospitals & clinics, and institutions. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this report include BASF SE, DSM, Herbalife Nutrition, Amway, DNAfit, Wellness Coaches, Atlas Biomed, Habit, LLC, Bactolac Pharmaceutical, and Balchem Corporation.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Regulatory Guidelines
3.8.Value Chain Analysis
3.9.Market Share Analysis
3.10.Key Regulation Analysis
3.11.Patent Landscape

CHAPTER 4: PERSONALIZED NUTRITION MARKET, BY PRODUCT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Active Measurement
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Standard Measurement
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country

CHAPTER 5: PERSONALIZED NUTRITION MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Standard Supplement
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Disease Based
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: PERSONALIZED NUTRITION MARKET, BY END USE
6.1 Overview
6.1.1 Market size and forecast
6.2 Direct-to-Consumer
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Wellness and Fitness Centers
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Hospital and Clinics
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Institutions
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country

CHAPTER 7: PERSONALIZED NUTRITION MARKET, BY REGION

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 BASF SE
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 DSM
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Herbalife Nutrition Ltd
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Amway
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 DNAfit
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 wellness coaches usa
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Atlas Biomed Group Limited
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Habit, LLC
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Bactolac Pharmaceutical
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Balchem Corporation
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments

For more information about this report visit https://www.researchandmarkets.com/r/oiixbh

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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