Global Personalized Nutrition Market Size, Share, Growth Analysis, By Product, By Application, By Dosage forms, By End-use, By Region

Description

Global personalized nutrition market size was valued at USD 16.28 billion in 2022 and is expected to rise from USD 18.15 billion in 2023 to reach a value of USD 43.29 billion by 2031, at a CAGR of 11.48% during the forecast period (2024-2031).

The concept behind personalized nutrition acknowledges that each person is unique, with distinct biochemistry, metabolism, genetics, and microbiota. Therefore, tailoring a personalized nutritional plan to accommodate these individual factors, along with personal eating habits, body metrics, weight, cholesterol levels, and lifestyle, is essential. This approach, also referred to as "precision nutrition," "individualized nutrition," and "nutritional genomics," focuses on understanding the intricate connection between food and genes to develop a diet that suits an individual's specific requirements. A significant driver fueling the expansion of the personalized nutrition market is the increasing consumer inclination towards dietary enhancements. The growing adoption of healthy and innovative lifestyles across all age groups positively influences the industry, leading to a rise in dietary supplement consumption within the realm of personalized nutrition. Moreover, advancements in dietary supplement formulation techniques, coupled with improved drug preparation processes, are anticipated to bolster the market share of dietary supplements in the personalized nutrition sector, thereby propelling overall market growth. Nonetheless, regulatory constraints within the personalized nutrition sector are expected to hinder market growth during the forecast period.

Top-down and bottom-up approaches were used to estimate and validate the size of the global personalized nutrition market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Personalized Nutrition Market Segmental Analysis

The global personalized nutrition market is segmented based on product, application, dosage forms, end-use, and region. By product, the market is segmented into active measurement, and standard measurement. By application, the market is segmented into standard supplement, disease based, and others. By dosage forms, personalized nutrition market is segmented into tablets, capsules, powders, liquids, and others. By end-use, personalized nutrition market is segmented into direct-to-consumer, hospital & clinics, wellness & fitness centers, and others. By region, the market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Drivers of the Global Personalized Nutrition Market

The anticipated growth of the market during the forecast period is attributed to the ability to monitor health data regularly using wearable solutions, alongside continuous advancements in personalized nutrition and personalized supplements.

Restraints in the Global Personalized Nutrition Market

The global personalized nutrition market growth may be hindered by the high cost of nutritional supplements and personalized nutrition plans, along with the complexities associated with implementing this approach.

Market Trends of the Global Personalized Nutrition Market

Consumers are becoming more cognizant of ingredients that offer nutritional value beyond basic nutrition. Products incorporating adaptogens, including immunity-boosting components, are becoming increasingly popular choices in the realm of fitness and sports nutrition.

Product Code: SQMIG30I2151

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Personalized Nutrition Market by Product

Market Overview
Active measurement
and standard measurement

Global Personalized Nutrition Market by Application

Market Overview
Standard supplement
disease based
and others

Global Personalized Nutrition Market by Dosage forms

Market Overview
Tablets
capsule
powders
liquids
and others

Global Personalized Nutrition Market by End-use

Market Overview
Direct-to-consumer
hospital & clinics
wellness & fitness centers
and others

Global Personalized Nutrition Market by Region

Market Overview
North America
Europe
Asia-Pacific
Latin America
and MEA

Global Personalized Nutrition Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Superior Supplement ManufacturingA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
BASF SE
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
DNA FitA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Arizona Nutritional SupplementsA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Metagenics, Inc.A
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Asiamerica, IngredientsA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Nutralliance, Inc.A
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Barrington NutritionalsA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Balchem CorporationA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Maat NutritionalsA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Natures Product Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Mixfix, Inc.A
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
DSM
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Herbalife Nutrition
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Wellness Coaches
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Noho Health Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bactolac Pharmaceutical Inc.A
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Foodsmart
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
DNAlysis
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Wellcome Trust Sanger Institute Morgan Building
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Helix
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Personalized Nutrition Market Size, Share, Growth Analysis, By Product, By Application, By Dosage forms, By End-use, By Region - Industry Forecast 2024-2031