
Region:Global
Author(s):Shambhavi
Product Code:KROD2293
December 2024
89

By Product Type: The personalized nutrient market is segmented by product type into vitamins and minerals, probiotics, and macronutrients. In 2023, vitamins and minerals dominate the market share in this segment, driven by the increasing use of genetic testing to personalize these supplements based on individual health needs. Consumers are increasingly looking for products that address specific deficiencies or support wellness goals, which has been further encouraged by personalized online platforms offering tailored vitamin packs.

By Application: The market is further segmented by application into wellness & fitness, chronic disease management, and preventive healthcare. In 2023, the wellness & fitness segment holds a dominant position due to the rising trend of personalized nutrition plans for enhancing athletic performance and overall wellness. The segment has witnessed a boom due to the increased adoption of wearable devices and mobile health applications that provide real-time data on nutrient requirements, particularly among fitness-conscious consumers.

By Region: The personalized nutrient market is segmented regionally into North America, Europe, APAC, MEA, and Latin America. In 2023, North America held a dominant market share in this segment, driven by a high level of consumer awareness about health and wellness, advanced healthcare infrastructure, and a strong presence of personalized nutrition companies. The region has seen rapid adoption of genetic testing and data-driven health solutions, particularly in the U.S. and Canada. Furthermore, North America has become a hub for innovation in health technologies and startups focusing on personalized nutrition, significantly contributing to the growth of the market in this region.
|
Company Name |
Establishment Year |
Headquarters |
|
Nutrigenomix |
2012 |
Toronto, Canada |
|
Care/of |
2016 |
New York, USA |
|
Persona Nutrition |
2017 |
Seattle, USA |
|
DNAfit |
2013 |
London, UK |
|
Amway |
1959 |
Michigan, USA |
The future outlook for the global personalized nutrient market looks promising, with significant growth expected in the next five years. Advances in genetic testing, AI, and data analytics will continue to shape the market, making personalized nutrition more accessible to the global population. As consumers become more health-conscious and demand for tailored solutions increases, companies in this space will be better positioned to capture market share. Governments worldwide are also expected to play a more active role in promoting personalized health solutions, as part of their public health initiatives, further driving the markets expansion.
1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Dynamics
1.4. Global Market Growth Rate (CAGR and Market Size)
1.5. Market Segmentation Overview
1.6. Value Chain Analysis
1.7. Stakeholder Mapping (Suppliers, Manufacturers, Distributors, Consumers)
2.1. Historical Market Size
2.2. Year-on-Year Growth Analysis
2.3. Key Market Developments and Milestones
2.4. Financial and Operational Metrics (Revenue, Net Profit, Margins)
2.5. Future Market Projections
3.1. Growth Drivers
3.1.1. Increasing Prevalence of Chronic Diseases
3.1.2. Consumer Demand for Tailored Health Solutions
3.1.3. Technological Advancements in Genetic Testing and AI
3.2. Market Restraints
3.2.1. High Cost of Personalized Supplements
3.2.2. Regulatory Uncertainty
3.2.3. Data Privacy Concerns
3.3. Market Opportunities
3.3.1. Expansion into Emerging Markets (APAC, Latin America)
3.3.2. Integration of Wearables and Digital Health Platforms
3.3.3. Innovations in Nutrigenomics
3.4. Key Trends
3.4.1. Rise in Preventive Healthcare Adoption
3.4.2. Mergers and Acquisitions by Leading Players
3.4.3. Growth of Subscription-Based Supplement Services
3.5. Government Regulations and Policy
3.5.1. European Commissions "Personalized Nutrition for Health" Initiative
3.5.2. US FDA Nutrigenomics Guidelines
3.5.3. Japanese "Personalized Nutrition and Wellness" Strategy
3.6. SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
3.7. Competitive Landscape Overview
4.1. By Product Type (in value %)
4.1.1. Vitamins & Minerals
4.1.2. Probiotics
4.1.3. Macronutrients
4.1.4. Functional Beverages
4.2. By Application (in value %)
4.2.1. Wellness & Fitness
4.2.2. Chronic Disease Management
4.2.3. Preventive Healthcare
4.3. By Distribution Channel (in value %)
4.3.1. Online Platforms
4.3.2. Healthcare Providers and Clinics
4.3.3. Retail Pharmacies
4.4. By Technology (in value %)
4.4.1. Genetic Testing
4.4.2. AI-based Nutrition Platforms
4.4.3. Wearable Device Integration
4.5. By Region (in value %)
4.5.1. North America
4.5.2. Europe
4.5.3. Asia-Pacific (APAC)
4.5.4. Middle East & Africa (MEA)
4.5.5. Latin America
5.1. Detailed Profiles of Major Companies
5.1.1. Nutrigenomix
5.1.2. Care/of
5.1.3. Persona Nutrition
5.1.4. DNAfit
5.1.5. Amway
5.1.6. Thorne Research
5.1.7. Vitagene
5.1.8. Nutritional Genomics Institute
5.1.9. Baze
5.1.10. Rootine
5.1.11. Genopalate
5.1.12. Viome
5.1.13. Herbalife Nutrition
5.1.14. LifecodeGX
5.1.15. Sun Genomics
5.2. Cross Comparison Parameters (Revenue, Headquarters, Inception Year, No. of Employees)
5.3. Market Share Analysis (Top 5 Companies)
5.4. Strategic Initiatives
5.5. Mergers and Acquisitions
5.6. Financial Performance Analysis
6.1. Market Competition Overview
6.2. Key Competitive Strategies (Partnerships, Expansions, New Product Launches)
6.3. Innovation and R&D Focus
6.4. Investment and Funding Analysis
6.4.1. Venture Capital Funding
6.4.2. Private Equity Investments
6.4.3. Government Grants and Subsidies
7.1. Regulatory Overview (FDA, EMA, APAC)
7.2. Compliance and Certification Requirements
7.3. Ethical and Legal Considerations in Genetic Testing
7.4. Cross-Country Regulatory Analysis (North America, Europe, APAC, MEA, Latin America)
8.1. Market Size Projections (USD Million)
8.2. Key Factors Driving Future Growth
8.3. Projected Industry Transformations (2024-2028)
9.1. TAM/SAM/SOM Analysis (Total Addressable Market, Serviceable Available Market, Serviceable Obtainable Market)
9.2. Customer Behavior and Preferences Analysis
9.3. Market Penetration Strategies
9.4. White Space Opportunity Analysis
9.5. Investment Recommendations
10.1. Advances in Nutrigenomics and DNA Sequencing
10.2. Role of AI and Big Data in Personalization
10.3. Integration of Wearable Devices and Mobile Health Applications
11.1. Key Stakeholders (Manufacturers, Healthcare Providers, Genetic Testing Labs)
11.2. Value Chain Analysis
11.3. Partner Ecosystem and Collaborations
The global personalized nutrient market was valued at USD 12 billion in 2023. It is driven by consumer demand for customized health solutions and innovations in genetic testing and data analytics that enable tailored nutritional products.
The challenges in the global personalized nutrient market include high costs associated with personalized nutrition products, lack of standardization and regulatory frameworks, and consumer concerns over data privacy, especially with genetic testing.
Major players in the global personalized nutrient market include Nutrigenomix, Care/of, Persona Nutrition, DNAfit, and Amway. These companies lead the market by offering customized supplements and personalized health solutions based on genetic and lifestyle data.
Key growth drivers include increasing consumer awareness of personalized health, technological advancements in genetic testing, and the growing prevalence of chronic diseases such as diabetes and cardiovascular disorders, which drive demand for tailored nutrition solutions.
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