About Nutrigenomics Testing
The increasing advancement in the field of proteomics, metabolomics, computational biology, genomics, and bioinformatics has exponentially driven the employment of the Nutrigenomics Testingglobally market. The scientific study of individualized genetics and nutrition is known as nutritional genomics or “nutrigenomics”. Nutrigenomic testing accurately identifies each patients’ genetic protein variations to identify sites of metabolic weakness. These key proteins are involved in enzyme conversion, nutritional delivery and signaling pathways in the cell.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 15.48% |
A number of top manufacturers are shifting their focus on the development of tailor-made food to match a particular gene profile, such as strengthening of the weak immune system and decreased intake of cholesterol compounds. However, significant evidence is yet to be found to prove that it actually works. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Nutrigenomics Testing market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Koninklijke DSM N.V. (Royal DSM) (Netherlands), BASF SE (Germany), Danone (France), GeneSmart (United States), Unilever (United Kingdom), Genova Diagnostics Inc. (United States), Nutrigenomix, Inc. (United States) and Metagenics, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are WellGen, Inc. (United States) and Cell Logic (United States).
Segmentation Overview
AMA Research has segmented the market of Global Nutrigenomics Testing market by , Application (Obesity, Diabetes, Cardiovascular Diseases, Cancer Research, Women's Health, Neurological and Others) and Region.
On the basis of geography, the market of Nutrigenomics Testing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Hospitals & Clinics will boost the Nutrigenomics Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Growing Trend of Personalized Diet among Athletes and The Rising Importance of Nutritious Food among the Preventive Measures for Obesity and Related Ailments
Market Growth Drivers:
The Growing Prevalence of Diabetes and Obesity and High Adoption due to Changing Lifestyle and Consumption of Junk Food
Challenges:
Stringent regulatory scenario
Restraints:
Stringent Regulatory Scenario Associated with Nutrigenomics Testing
Opportunities:
Rapid Advances in Molecular Biology and Genomics and Increasing Government Initiatives on Promoting Health in Developed Regions such as North America and Europe
Market Leaders and their expansionary development strategies
In April 2019, Nutrigenomix Inc., a global leader in genetic testing for personalized nutrition, announces the launch of an exclusive new line of genetic tests catering to those seeking plant-based personalized nutrition – designed to suit the dietary needs of both vegetarians and vegans. The new test adds to the broad selection of genetic tests offered by Nutrigenomix and provides actionable genetic information to help healthcare professionals and their clients determine the best dietary approach for optimal health, wellness, and performance for those following a plant-based lifestyle.
In June 2023, Xcode Life has launched a gene Nutrition test in India. The test covers nearly 50 aspects of nutrition including macro (carbs, protein, and fats) breakup according to genotype, vitamin and mineral deficiency risk, eating behaviors, weight management with nutrition, taste preferences, diet responses, and food sensitivities.
Key Target Audience
Nutrigenomics Testing Providers, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.