Nutrigenomics Testing Market Scope-
Nutrigenomics is a field of genetics that helps in determining the nutritional requirements of an individual based on their genetic makeup. It also helps in finding an association between chronic diseases and diet. It is a part of the larger movement leaning towards personalized medicine with its focus on personalized diet. Nutrigenomics testing is beneficial for the health care industry in general and the personal health of an individual. Nutrigenomics testing works on identifying the genetic protein variations of each individual that helps in identifying the sites for potential metabolic weakness. Increasing awareness regarding importance of personalized nutrition is expected to foster the demand for Nutrigenomics tests, thereby favoring business growth in coming years.
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A new report titled “Global Nutrigenomics Testing Market Professional Report 2022-2028” has been added to our repository of research reports. The report analyzes and estimates the Nutrigenomics Testing Market on global, regional, and country levels. The report offers data from previous years and an in-depth analysis based on the revenue.
Nutrigenomics Testing Market is valued at USD 496.5 Million in 2021 and expected to reach USD 1273.9 Million by 2028 with CAGR of 12.5% over the forecast period.
While studying the global market for Nutrigenomics Testing, the report also thoroughly analyzes the driving factors, development trends, restraints, challenges, and lucrative challenges to showcase the current and future market scenario. We provided a comprehensive report that consists of the key market strategies based on the latest technologies, applications, and different geographies around the world. The market is expected to show significant growth over the forecast period due to the increasing demand for Nutrigenomics Testing Industry.
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Nutrigenomics Testing Market Vendors–
Global nutrigenomics testing market Report covers prominent players are like GX Sciences, Cura Integrative Medicine, Holistic Heal, Interleukin Genetics, Salugen, NutraGene, Metagenics, Pathway Genomics, Gene Box, Nutrigenomix, Xcode Life and Sanger Genomics and others.
These key players have adopted organic and inorganic growth strategies, including new product launches and developments, joint ventures, partnerships, research and development (R&D) activities, agreements, contracts, collaborations, and mergers & acquisitions (M&A) to strengthen their position in the market.
Nutrigenomics Testing Market Segmentation-
By Application:
- Obesity
- Cardiovascular Diseases
- Diabetes
- Cancer
- Others
By Distribution Channel:
- Hospitals & Clinics
- Online Platform
- Others
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Regional Areas and Country Analysis:
This report forecasts revenue growth at the global, regional, and local levels. It analyzes the most recent industry trends from 2022 to 2028 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
North America is Expected to Dominate the Global Nutrigenomics Testing Market.
North America is expected to dominate the global nutrigenomics testing market. As per a study it is estimated that in U.S., the DTC genetic testing will grow between 15% and 20% annually through 2023, driven in large part by consumer demand for personalized health and wellness information. Increasing prevalence of diabetes, cancer and other chronic diseases are also supplementing the demand for nutrigenomics testing in this region.
Asia Pacific region is also likely to witness a high growth owing to the increasing consumer demand for functional foods and beverages, which increases the adoption of nutrigenomics techniques in this region and fosters the market growth. Japan is the largest consumer of functional foods in this region.
Nutrigenomics Testing Market Factors:
The Growing Prevalence of Diabetes and Obesity is the Major Factor Driving the Growth of Global Nutrigenomics Testing Market.
The growing prevalence of diabetes and obesity is expected to drive the growth of global nutrigenomics market. Diabetes mellitus is considered as a global pandemic and its occurrence is increasing worldwide. In 2015, 422 million people in the world had diabetes, a prevalence of 8.5% among the adult population. The prevalence of diabetes has been steadily increasing for the past 3 decades and is growing rapidly in low- and middle-income countries. Increasing incidences of obesity-related diseases are also expected to drive the demand for nutrigenomics testing.
Table of Contents: Global Nutrigenomics Testing Market Research Report
Chapter 1: Global Nutrigenomics Testing Market Overview
Chapter 2: Economic Impact of Global Nutrigenomics Testing Market
Chapter 3: Global Market Size Competition by Industrial Producers
Chapter 4: Global Production, Revenue (Value) by Regions
Chapter 5: Global Supply (Production), Consumption, Exports, Imports, Geographic
Chapter 6: Global Production, Revenue (Value), Price Trend, Product Type
Chapter 7: Global Market Analysis Based on Application
Chapter 8: Nutrigenomics Testing Market Industry Value Chain
Chapter 9: Type A Nutrigenomics Testing Market Chain, Sourcing Strategies and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributor/Supplier/Trader
Chapter 11: Key Economic Indicators by Market Vendor
Chapter 12: Market Effect Factor Analysis
Chapter 13: Global Nutrigenomics Testing Market Forecast Period
Chapter 14: The Future of Markets
Chapter 15: Appendix
Study Objectives of Global Nutrigenomics Testing Market:
- To provide an in-depth analysis of the overall structure of the market along with the forecast of the various segments and sub-segments of the global Nutrigenomics Testing market.
- To provide insights about the factors influencing the growth of the market.
- To study the global Nutrigenomics Testing market analysis based on porter’s five forces analysis, SWOT, and pestel analysis.
- To provide historical data and forecast revenue of the market segments and their sub-segments regarding regional distribution, including North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
- To provide a detailed country-level analysis of the global industry to determine the current Nutrigenomics Testing market size and the future prospective.
- To provide a comprehensive analysis of the market for segments by product type, the technology used, end-users, applications, and region.
- To strategically profile the leading players functioning in the global Nutrigenomics Testing market, comprehensively analyze their core competencies, and frame a competitive advantage.
- To identify and study the key developments such as new product launches, mergers & acquisitions (M&A), joint ventures, research and development (R&D) activities, and strategic alliances in the global Nutrigenomics Testing market.
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- Keep you up to date with crucial market developments
- Allow you to develop informed growth strategies
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- Illustrate trends to exploit
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- Ultimately, help you to maximize profitability for your company.
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