Growing health awareness to drive consumption of personalized nutrition diets in the US Germany is estimated to hold over 17.6% of demand share in the European personalized nutrition market, registering a growing at a CAGR of 3.9% over the forecast period
NEWARK, Del, Oct. 12, 2022 (GLOBE NEWSWIRE) — The global personalized nutrition market is currently worth US$3 billion and is expected to reach US$4.7 billion by 2032 at a CAGR of 6.4% from 2022 to 2032.
With growing awareness of the importance of health coupled with a growing trend towards digitized healthcare solutions, the personalized nutrition market is set to grow on a grand note over the forecast period.
High quality nutritional foods are preferred. With personalization being the epicenter of nearly every vertical, nutrition is no exception. Thus, personalized approaches are taken into account when it comes to nutrition.
Abundantly used measurement tools include test kits, apps, and programs. They tend to give a customizable and precise nutritional profile based on an individual’s needs. It has also been observed that standard supplements are preferred. The direct approach to the client is the most sought after because it creates a lasting impact.
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Personalized nutrition reveals 100% history regarding an individual’s body’s environmental exposure, metabolism, genetic profile, microbiome makeup, and personal wellness goals. Many personalized nutritional tests are made available to help reveal the types of foods best suited to dietary needs, weight management and fitness goals. For example, the microbiome test bills itself as a kind of stool test that gives first-hand information about an individual’s gut health.
Other custom nutrition tests include Meal Planner, Fat Burner, Muscle Builder, and Fitness Diet Pro. For these tests, saliva samples are needed.
The main participants are to provide diets including guilt-free snacks, especially low sugar, indulgent flavor and high protein to meet the needs of the personalized nutrition market. Future Market Insights has through its latest market study titled “Personalized Nutrition Market” enlisted these concrete details with insights.
Major Takeaways of the Personalized Nutrition Market
North America dominates the personalized nutrition market as the United States is witnessing meal personalization through companies such as The Counter and Chipotle.
Europe is second with Germany in the lead. Advances in technology are transforming patient-generated data into value-added resources. Smart wearables and home medical devices enhance the personalized approach to healthcare management. In this sense, MyMuesli uses lean manufacturing to allow customers to create personalized cereal mixes. The company has also filed for blood and DNA testing to allow individuals to access muesli mixes that match their micronutrient and macronutrient needs.
China is the market leader in personalized nutrition in Asia-Pacific. This could be explained by the fact that the demand for personalized nutrition here is witnessing a CAGR of almost 6.3% between 2022 and 2032. For these reasons, Habit sells personalized nutrition based on the cholesterol of a person, personal wellness goals, activity levels, and each other. information through a questionnaire.
Personalized supplements account for more than 27% of the market share and are expected to witness a CAGR of 5.6% as such during the forecast period.
Standard measurement holds over 46% market share and is expected to register a CAGR of 5.6% between 2022 and 2032.
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Herbalife Nutrition October 2019 offered new immunity essentials including relaxation tea. The key ingredient is ‘EpiCor’.
DNAfit, in April 2019, developed a new “Health Fit” DNA test, to explore many genetic factors that affect an individual’s well-being and to make room for personalized dietary insights.
Atlas Biomed Group in November 2019 launched a new AI-powered Atlas app to provide personalized food and dietary advice to help customers improve gut health. This app works in conjunction with Atlas Microbiome Test.
DSM, in November 2019, completed the acquisition of AVA, to propagate personalized nutrition delivery platforms like Tespo, Mixfit and Panaceutics.
What does the report cover?
Future Market Insights offers an exclusive perspective and various real-time information on the personalized nutrition market in its latest study, presenting a historical demand assessment from 2016 to 2021 and projections for 2022 to 2032.
The research study is based on product type (custom supplements, custom diets, custom beverages, and diseases), by measurement method (active measurement and standard measurement), and by sales channel (direct-to-customer delivery services, wellness and fitness centers, hospitals and clinics, pharmacies, online stores and retail stores).
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Global Personalized Nutrition Market by Category
By product type:
Personalized Diet Plans
By measurement method:
By sales channel:
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply-side trends
1.4. Technology roadmap
1.5. Analysis and recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limits
3. Per capita assessment (2017-2032)
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Explore FMI’s extensive food and beverage coverage
Dietary Supplements Market Size: dietary supplements market expected to achieve a market valuation of US$163.12 billion by 2022, accelerating with a CAGR of 8% by 2022-2032.
Probiotic Supplements Market Share: The market for probiotic supplements is expected to record robust growth over the forecast period.
Digestive Health Supplements Market Trends: Digestive Health Dietary Supplements Market grow to one 6% CAGRthe market size will reach $29.6 Bn over the forecast period.
Multinutrient Supplements Market Growth: Multi-Nutritional Supplements Market was worth US$310 billion in 2020 and is expected to grow at a CAGR of 5.9% from 2022 to 2032.
Nutritional Yeast Market Analysis: nutritional yeast market exceeded size $201.4 min in 2022 and is expected to grow by more than 14.0% CAGR between 2022 and 2032.
About Future Market Insights, Inc.
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