A comprehensive overview of the Personalized Nutrition Market is recently added by UnivDatos Market Insights to its humongous database. The Personalized Nutrition Market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Personalized Nutrition Market. The Personalized Nutrition 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 Personalized Nutrition Market at the global and regional levels.
The Global Personalized Nutrition Market is expected to grow at a significant rate by 2027.
The demand for Personalized Nutrition is increasing on account of the growing trend of digital healthcare solutions, rising health awareness, and the rising aging population coupled with the high prevalence of chronic diseases across different regions. In addition, the higher adoption of digital health solutions and the Internet of Things (IoT) in healthcare is intensifying the market growth. A balanced diet supports good health as it delivers enough energy, proteins, vitamins, minerals, essential fats, micro, and macronutrients for the metabolic needs of the body. The absence of nutrition and balanced food leads to health problems such as obesity, diabetes, and malnutrition. Nearly half of all deaths in children under 5 occur due to undernutrition. Undernutrition puts children at a higher risk of dying from common infections, surges the severity and frequency of such infections, and delays recovery. As per WHO, globally in 2020, 149 million children under 5 were estimated to be stunted (too short for age), 45 million were estimated to be wasted (too thin for height), and 38.9 million were overweight or obese.
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Global Personalized Nutrition Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Type, the market is primarily bifurcated into
- Active measurement
- Standard measurement
The Active measurement sub-segment dominated the Global Personalized Nutrition Market in 2020 and is expected to grow at a noteworthy CAGR by the year 2027. Based on Type, the market is fragmented into Active measurement and Standard measurement. The Active measurement segment dominated the market in 2020 and is expected to grow at lucrative during the forecasted period. Active measurement tools consist of testing kits, apps, and programs. These generally provide a more accurate and customizable nutrient profile based on an individual’s requirements. For instance, the Wellable app operates health content technology platforms, next-generation wellness challenges and complements these solutions with on-site services, such as seminars, fitness classes, and health coaching. The technology’s flexibility allows corporate organizations to customize and organize a program to meet the needs and objectives of employees.
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By Application, the market is primarily segmented into
- Standard supplements
Amongst Applications, the Standard supplements segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
By End-use, the market is primarily segmented into
- Wellness & Fitness centers
- Hospitals & Clinics
Amongst End-use, the Direct-to-consumer segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
Personalized Nutrition Market Geographical Segmentation Includes:
- North America (United States, Canada, Rest of North America)
- Europe (Germany, United Kingdom, France, Spain, and Rest of Europe)
- Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
- Rest of the World
North America is dominating the Personalized Nutrition Market in 2020 and is anticipated to maintain its dominance during the forecast period. The demand for the Personalized Nutrition market is increasing in the North America region on account of the rising prevalence of chronic diseases such as heart disease, cancer, diabetes, stroke, and arthritis which further prompts the need for nutraceuticals and other personalized nutrition products. As per the National Diabetes Statistics Report (2020), 34.2 million people of all ages or 10.5% of the US population had diabetes in 2018.
Estimated Number Of Adults With Total Diabetes (#millions), United States, 2018
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The major players targeting the market includes
- Herbalife Nutrition Ltd
- Atlas Biomed Group Limited
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 Personalized Nutrition 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 Personalized Nutrition Market?
- Which factors are influencing the Personalized Nutrition Market over the forecast period?
- What are the global challenges, threats, and risks in the Personalized Nutrition Market?
- Which factors are propelling and restraining the Personalized Nutrition Market?
- What are the demanding global regions of the Personalized Nutrition 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?
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