According to the latest market research report “Nutrigenomics Market (Product – Reagents and Kits, and Services; Application – Cancer, Cardiovascular Diseases, Obesity, and Others Chronic Diseases): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025.” The nutrigenomics market was valued at around USD 291.7 million in 2018 and is anticipated to reach over USD 860 million by 2025, expanding at a CAGR of 15.9% from 2019 to 2025.
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Nutrigenomics help in understanding how the entire human digestive system reacts to various kind of foods and an individual’s food intakes. The lactose-intolerant peoples experience uncomforted in their gastrointestinal tract after taking dairy products in the diet, whereas others taking or eating dairy food product without any problems. Nutrigenomics is the domain of science filed which to determine the interrelation between healthcare, nutritional diet, and the human genome. Government support for research and development, rising healthcare spending, advancements in technology, and rising demand for advanced diagnostic methods.
The key players in the antibiotic residue test kits market are Koninklijke, Unilever, BASF, DSM N.V., GeneSmart, Danone, Metagenics, Cell Logic, Nutrigenomix, Genova Diagnostics, WellGen, and many others.
What are the Major Market Drivers of the Nutrigenomics Market?
The nutrigenomics market is driven by the research on cancer stated that it based on individual nutrition it can lower down the susceptibility to cancer. Moreover, increasing essentiality of nutritious food for the control measures for various cardiovascular diseases, obesity, malnutrition, and related ailments is also expected to drive the nutrigenomics market. However, low adaption rate and less awareness about nutrigenomics are anticipated to impede the growth of the global nutrigenomics market. Nonetheless, Nutrigenomics build a bridge within the genetics and their response to the diet taken is estimated to create a new opportunity for the global nutrigenomics market.
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Supermarkets Segment is Expected to be the Largest Revenue Contributor for the Global Nutrigenomics Market.
The report on the global nutrigenomics market covers segments such as product type and distribution channel. The product type segment is further segmented into the rice flakes, wheat flakes, corn flakes, and flakey oats. Corn flakes segment is accounted for the largest market share in 2018. On the basis of the distribution channel, the nutrigenomics market is segmented into hypermarkets, convenience stores, online retailers, and supermarkets.
North America was Accounted for the Largest Value Share of Global Nutrigenomics Market in 2018
On the basis of region, the global nutrigenomics market is segmented into Europe, North America, Asia Pacific, Latin America and the Middle East and Africa. North America was accounted for the largest value share of global nutrigenomics market in 2018 on an account of changing lifestyle and rising preference for a healthy diet in the region. Asia Pacific is expected to exhibit significant growth for the nutrigenomics on an account of large scale demand for beverages and functional food which will enhance the nutrigenomics adaption. The Middle East and Africa and Latin America exhibited sluggish growth for nutrigenomics market owing to less awareness and less spending on healthcare.
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