Personalized Nutrition Market Overview
The global Personalized Nutrition market is expected to rise at a significant rate in the coming years. Growing elderly populations across regions, as well as changing consumer trends such as rising consumer demands for high-quality nutritional food, are expected to boost personalized nutrition approaches. Market growth is projected to be aided by rising demand for personalized nutrition.
Personalized nutrition market growth is projected to be hampered by the high cost of nutrition plans and dietary supplements during the forecast period. On the other hand, technological developments and expanding innovations, are projected to continue to provide market growth prospects.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Product Type, End User, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | BASF SE, DSM, Herbalife Nutrition Ltd., Amway, Dnafit, Wellness Coaches, Atlas Biomed Group Limited, Habit Food Personalized, LLC., Persona, Bactolac Pharmaceutical, Inc. |
Covid-19 Impact on Personalized Nutrition Market
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Personalized Nutrition Market Segment Overview
According to Product Type, Sports Nutrigenomics is one of the most prominent segments of the global Personalized Nutrition Market. During the projected period, the sports nutrigenomics segment is expected to increase at the fastest rate. Increased intake of functional supplements for sports performance improvement and weight control can be contributed to the segment's growth.
Based on End User, Direct-to-Consumer is another major segment in the global market. During the projected period, the direct-to-consumer segment is expected to be the largest. Customers' changing preferences for nutrition-rich products available on the market to improve their health can be related to the segment's growth.
Personalized Nutrition Market, By Product Type
· Dietary Supplements and Nutraceuticals
· Functional Food
· Functional Beverage
· Digitalized DNA-based Diet
· Sports Nutrigenomics
· Others
Personalized Nutrition Market, By End User
· Direct-to-Consumer
· Wellness and Fitness Centers
· Hospitals and Clinics
Personalized Nutrition Market Regional Overview
North America, Europe, Asia Pacific, Middle East and Africa, and South America are the regions in which the personalized nutrition market is divided. During the projection period, North America is expected to be the largest segment. The increase in regional growth can be due to customers' growing knowledge of their health. The presence of major companies delivering personalized nutrition in this region is expected to add to the regional market. Customers have also been encouraged to choose specialized dietary supplements that are tailored to their specific needs as a result of their faster and more hectic lifestyles.
Furthermore, due to the growing elderly patient pool, increasing frequency of lifestyle problems, lack of nutrition, and increasing consumer spending capacity in the region, Asia Pacific is predicted to develop at the quickest rate throughout the forecast period.
Personalized Nutrition Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Personalized Nutrition Market Competitor overview
Some key developments and strategies adopted by manufacturers in Personalized Nutrition are highlighted below.
· In February 2020, Metagenics, Inc., a health sciences company, announced the release of CardioLux HDL, the newest patent-pending formula launched in the Metagenics product line. CardioLux HDL provides phytonutrient and vitamin support for healthy HDL function.
Personalized Nutrition Market, Key Players
· BASF SE
· DSM
· Herbalife Nutrition Ltd.
· Amway
· Dnafit
· Wellness Coaches
· Atlas Biomed Group Limited
· Habit Food Personalized, LLC.
· Persona
· Bactolac Pharmaceutical, Inc.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Personalized Nutrition market?
Personalized Nutrition Market growth is projected to be aided by rising demand for personalized nutrition.
Q2. Which Segments are covered in the global Personalized Nutrition market report?
Product Type, End User, and Region. these segments are covered in the global Personalized Nutrition market report
Q3. Which segment is projected to hold the largest share in the global Personalized Nutrition market?
Sports Nutrigenomics segment is projected to hold the largest share in the global Personalized Nutrition market
Q4. Which region holds the largest share in the global Personalized Nutrition market?
North America holds the largest share in the global Personalized Nutrition market
Q5. Which are the prominent players in the global Personalized Nutrition market?
BASF SE, DSM, Herbalife Nutrition Ltd., Amway, Dnafit, Wellness Coaches, Atlas Biomed Group Limited, Habit Food Personalized, LLC., Persona, Bactolac Pharmaceutical, Inc. are some key players in the global Personalized Nutrition market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Personalized Nutrition Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Dietary Supplements and Nutraceuticals
- 5.2.2. Functional Food
- 5.2.3. Functional Beverage
- 5.2.4. Digitalized DNA-based Diet
- 5.2.5. Sports Nutrigenomics
- 5.2.6. Others
- 5.3. Market Analysis, Insights and Forecast – By End User
- 5.3.1. Direct-to-Consumer
- 5.3.2. Wellness and Fitness Centers
- 5.3.3. Hospitals and Clinics
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Personalized Nutrition Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Dietary Supplements and Nutraceuticals
- 6.2.2. Functional Food
- 6.2.3. Functional Beverage
- 6.2.4. Digitalized DNA-based Diet
- 6.2.5. Sports Nutrigenomics
- 6.2.6. Others
- 6.3. Market Analysis, Insights and Forecast – By End User
- 6.3.1. Direct-to-Consumer
- 6.3.2. Wellness and Fitness Centers
- 6.3.3. Hospitals and Clinics
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Personalized Nutrition Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Dietary Supplements and Nutraceuticals
- 7.2.2. Functional Food
- 7.2.3. Functional Beverage
- 7.2.4. Digitalized DNA-based Diet
- 7.2.5. Sports Nutrigenomics
- 7.2.6. Others
- 7.3. Market Analysis, Insights and Forecast – By End User
- 7.3.1. Direct-to-Consumer
- 7.3.2. Wellness and Fitness Centers
- 7.3.3. Hospitals and Clinics
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Personalized Nutrition Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Dietary Supplements and Nutraceuticals
- 8.2.2. Functional Food
- 8.2.3. Functional Beverage
- 8.2.4. Digitalized DNA-based Diet
- 8.2.5. Sports Nutrigenomics
- 8.2.6. Others
- 8.3. Market Analysis, Insights and Forecast – By End User
- 8.3.1. Direct-to-Consumer
- 8.3.2. Wellness and Fitness Centers
- 8.3.3. Hospitals and Clinics
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Personalized Nutrition Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Dietary Supplements and Nutraceuticals
- 9.2.2. Functional Food
- 9.2.3. Functional Beverage
- 9.2.4. Digitalized DNA-based Diet
- 9.2.5. Sports Nutrigenomics
- 9.2.6. Others
- 9.3. Market Analysis, Insights and Forecast – By End User
- 9.3.1. Direct-to-Consumer
- 9.3.2. Wellness and Fitness Centers
- 9.3.3. Hospitals and Clinics
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. BASF SE
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. DSM
- 10.6. Herbalife Nutrition Ltd.
- 10.7. Amway
- 10.8. Dnafit
- 10.9. Wellness Coaches
- 10.10. Atlas Biomed Group Limited
- 10.11. Habit Food Personalized, LLC.
- 10.12. Persona
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
