Nutrigenomics Market Scope
Nutrigenomics facilitate the exploration of the effects of different nutrients and bioactive dietary elements on gene expression and also assesses the inherent risk of any disease. The nutrigenomics market is expected to reach USD 17,313.5 million at a CAGR of 16.8% during the forecasted period. The advances in the field of metabolomics, proteomics, genomics, bioinformatics and computational biology have exponentially fueled the use of nutrigenomics worldwide. Nutrigenomics can also potentially affect the distinct components of a food chain including genetic alteration of animal feed, and crops.
Nutrigenomics has more uses in nutrition personalization and also in the assessment of food safety. The various advances expected to take place in nutrigenomics can prove to be revolutionary for the field of nutrition and diet, thereby positively affecting the overall market. Additionally, the strong backing from the regulatory bodies in various countries along with the technological advances happening in the nutrigenomics market will ensure relentless growth in the coming years.
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Several scientific advancements have facilitated the deployment of nutrigenomics within the anti-aging field. A number of customized nutritional solutions are emerging in the nutrigenomics market, in supplement form to cater to the nutritional requirements of the body to impede the aging of cells by developing several free radicals. Other than this, by reviewing the interaction between genetic factors as well as the dietary pattern, the nutrigenomics concept helps offer insights into preventive treatment options or steps for treating obesity via personal nutrition. Thus, nutrigenomics is being extensively utilized in curbing the signs of aging and also slowing down the obesity rate worldwide. These factors are touted to have a remarkable effect on the nutrigenomics industry.
Nutrigenomics Market Segmentation
The nutrigenomics market has been segregated with respect to products, techniques, and applications.
The product types discussed in the report are services and reagents and kits. Reagents and kits can be the top revenue-generating segment in the nutrigenomics market, owing to the surging prevalence of the personalized nutrition concept among the mass. This enhances the use of nutrigenomic testing kits, as these provide personalized diet on the basis of the user’s genetic, medical and phenotypic information. The testing kits also help the user to develop a suitable dietary plan, reduce the risk of various health conditions while improving the overall health.
Major techniques covered in the MRFR report are blood, buccal swab, saliva, and many others.
Top applications of nutrigenomics market are anti-aging, obesity, chronic diseases, and diabetes. Obesity will be the fastest thriving segment in the approaching years, given the rising prevalence of the condition among people owing to sedentary lifestyles, and the high consumption rate of street food worldwide.
Nutrigenomics Market Regional Study
North America is currently the market leader and in the coming years, its dominance will remain intact, expects MRFR. The region’s position in the worldwide nutrigenomics market is cemented by the surging use of personal genomics, and the mounting prominence of several lifestyle-based disorders including diabetes and obesity. The extensive research activities based on nutrigenomics techniques, a strong base of various reputed vendors, and the massive demand for healthy and nutritious food given their health benefits further enhance the industry size in the region.
Asia Pacific will present a host of growth opportunities to the players, thanks to the surge in scientific development activities and the soaring purchasing capacity of individuals in the region.
The second spot in the worldwide nutrigenomics market belongs to Europe, as the demand for nutrigenomics has been surging backed by the presence of a well-established healthcare industry. Significant spending on the healthcare industry and the rising awareness about different treatment options also bolster the market value in the region. The massive diabetic and obese population in the region has a favorable impact on the market as well.
Affluent Industry Contenders
Genomix Nutrition, Inc. (U.S.), Cura Integrative Medicine (Australia), XCODE Life Sciences Pvt. Ltd. (India), Metagenics, Inc. (U.S.), WellGen Inc. (U.S.), Nutrigenomix (U.S.), NutraGene (India) are the leading developers of nutrigenomics.
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Amplifei international has teamed up with Üforia Science to focus on expanding and diversifying its portfolio of natural offering ranges inspired by advances in Nutrigenomics and epigenetics research as well as discovery.
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