PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1477117
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1477117
Nutrigenomics Market size was valued at USD 1,201.98 Million in 2023, expanding at a CAGR of 11.09% from 2024 to 2032.
The Global Nutrigenomics Market is expanding rapidly, driven by advances in healthcare, increased knowledge of personalised nutrition, and the growing incidence of chronic illnesses such as diabetes, cardiovascular disease, cancer, and obesity. Nutrigenomics, a subfield of nutritional genomics, investigates the interactions between nutrients and genes to better understand how individual genetic variants impact responses to food, lifestyle, and environmental variables.
Nutrigenomics Market- Market Dynamics
Increasing consumer interest in personalized healthcare and preventive medicine to propel market demand
Nutrigenomics is gaining popularity as consumers become more interested in personalized healthcare and preventative treatment. As people want to improve their health and avoid illness, nutrigenomics provides personalized dietary advice based on their genetic composition, allowing for improved treatment of chronic disorders. Furthermore, advances in genomic technology and bioinformatics tools have improved our knowledge of gene-nutrient interactions, resulting in market growth.
Nutrigenomics Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 11.09% over the forecast period (2024-2032)
Based on product type segmentation, Reagents and kits was predicted to show maximum market share in the year 2023
Based on application segmentation, Diabetes was the leading type in 2023
On the basis of region, North America was the leading revenue generator in 2023
The Global Nutrigenomics Market is segmented on the basis of Product Type, Application, End User, and Region.
The market is divided into three categories based on product type: Reagents and Kits, Services. The Reagents and Kits segment dominates the market. This segment comprises genomic testing kits and laboratory reagents used for DNA sequencing, genotyping, and gene expression analysis.
The market is divided into four categories based on application: Diabetes, Cardiovascular Diseases, Cancer Research, Obesity. The Diabetes sector dominates the market and is likely to maintain its dominance during the forecast period. Nutrigenomics plays a crucial role in managing diabetes by identifying genetic predispositions to insulin resistance, glucose metabolism, and nutrient absorption, enabling personalized dietary interventions.
Nutrigenomics Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
In the highly competitive nutrigenomics market, leading firms compete by providing novel goods and services, growing their geographical presence, and forming strategic alliances. Leading organizations prioritize research and development to create sophisticated genetic testing platforms, improve data analytic skills, and provide holistic nutrition solutions. Startups and niche firms contribute to market diversification by providing specialized genetic testing services and personalized nutrition programs tailored to particular health concerns. Collaborations among industrial firms and research institutes speed up technical developments and market growth.
In May 2023, Xcode Life revealed that it has expanded into Nutrigenomics. The business has introduced India's most complete Gene Nutrition test, which covers over 50 areas of nutrition.
GLOBAL NUTRIGENOMICS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Nutrigenomix Inc.
Metagenics, Inc.
The Gene Box
DNA Life
GX Sciences Inc.
Genova Diagnostics
Holistic Health
Cura Integrative Medicine
Xcode Life
Interleukin Genetics
Others