MARKET OVERVIEW
Nutrigenomics deals with the study of the nutritional impact of gene expressive and metabolism. The growing popularity of nutritious food is expected to impel growth in the market. Several cancer-based institutions stated that effective diet regulation can decrease the prevalence of cancer. The nutrigenomics market growth is likely to benefit from increasing advances in genomics and molecular biology. Leading nutrigenomics companies in developed and developing countries to offer door to door services, which is expected to accelerate the adoption of nutrigenomics testing during the forecast period.
MARKET SCOPE
The "Global Nutrigenomics Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Nutrigenomics market with detailed market segmentation by products, applications, and geography. The report provides key statistics on the market status of the leading Nutrigenomics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on products, the global Nutrigenomics market is segmented into Reagents and Kits, Services.
- Based on application, the market is categorised into Obesity, Cardiovascular Diseases, Diabetes, Cancer Research, Others.
MARKET DYNAMICS
Drivers:
- Increase in personalized nutrition and evaluation of food safety.
- Various development in the global market in the field of nutrition and diet.
- Government initiatives supporting nutigenomics
- Increased awareness among the people about daily nutritious diet intake.
Restraints
- Concerns regarding ethical nature of this technology and .
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Nutrigenomics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Nutrigenomics market in these regions.
IMPACT OF COVID-19 ON NUTRIGENOMICS MARKET
The problem of the global pandemic of COVID 19 has disrupted many businesses. Small businesses have shut down or have shown a downfall in their earnings. The COVID 19 is highly infectious and spread through human interaction. During this time it has become the need of an hour to increase the consumption of good nutritious food to gain high immunity to fight this life-taking virus. During the lockdown situation, the nutrigenomics market has shown a downfall in the demand but later on, owing to the situation and increasing awareness among people regarding the importance of a good nutritious diet has marked the heights of the nutrigenomics segment.
MARKET PLAYERS
The report covers key developments in the Nutrigenomics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Nutrigenomics market are anticipated to lucrative growth opportunities in the future with the rising demand for Nutrigenomics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Nutrigenomics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- WellGen Inc.
- Metagenics, Inc.
- Genomix Nutrition, Inc.
- Nutrigenomix
- NutraGene
- XCODE Life Sciences Pvt. Ltd.
- Cura Integrative Medicine
- GX SCIENCES
- Royal DSM
- BASF SE
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
