Absolute Markets Insights (AMI) reports a robust forecast for the nutrigenomics market during the 2021-2029 period. In its newly released report, AMI anticipates the market will grow at 19.87% CAGR owing to various factors such as rise in non-communicable diseases and the ability of nutrigenomics to tackle the growth of these diseases that arise due to improper nutrition and lifestyle changes. Nutrigenomics is an evolving technology, which aids in understanding the importance of diet-disease relationships. It mainly aids in providing assistance for the development of food products or for dietary advice, which can be personalized as per the nutritional needs of specific groups of consumers/individuals. Nutrigenomics focuses on the outcome of nutrient/food bioactives on the regulation of gene expression. It mainly calculates how nutrients influence the importance of gene expressions, i.e. synthesis of mRNA (transcriptomics), metabolite production (metabolomics) and protein synthesis (proteomics). Government bodies around the globe are increasingly focusing on reducing the dangers of communicable diseases, and the field of nutrigenomics is receiving increased funding as a result of the same. Furthermore, rise in focus on personalization of human diet, coupled with the rise in awareness about the need for immunity enhancement amongst individuals as a result of the COVID-19 pandemic is expected to positively impact the global nutrigenomics market in the coming years.
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Rising Demand for Personalized Nutrition
There is a rising trend that has been observed towards personalisation of food, owing to the demand of changing demographics, rising scientific research and clinical evidence of the effectiveness of functional foods. Moreover rising consumers awareness for natural alternatives and alternative medicine is another factor which leading to the demand. It has been reported that application of nutrigenomics in the form of personalized nutrition, has the potential to alter the food market into a consumer pull system. For instance, people suffering from obesity or obesity-related diseases such as cardiovascular diseases need guidance with regards to their specific health conditions. Personalized nutrition recommendations, based on the knowledge of an individual’s genomic background, aid in assessing the outcome of a particular dietary intervention which helps in providing a new dietary approach to improve health, enabling in reducing the aforementioned diseases. Furthermore, nutrition-oriented marketing is gaining more popularity among healthcare professionals, which is another factor driving the growth of nutrigenomics market.
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Asia Pacific Region is Expected to Grow at the Fastest Rate over the Forecast Period
Asia Pacific region is expected to show the highest growth during the forecast years in the global nutrigenomics market. The rise in focus in nutrigenomics in countries such as India, China, Japan, Singapore, South Korea, etc., coupled with the increase in personalized nutrition demand as a result of the growth in disposable income in the Asia Pacific region is expected to fuel the growth of the nutrigenomics market in this region. Furthermore, there is a growth in companies that are offering nutrigenomics services in the Asia Pacific region. Sanger Genomics Pvt Ltd., for instance, is a Mumbai-based nutrigenomics company that is offering evidence-based gene testing to various end-users that include health professionals, health clubs and organizations, fitness enthusiasts, amongst others. Sanger's nutrigenomics test kit empowers the end-users to provide services to their clients based on the client's DNA profile, which in turn maximizes the client's performance potential. Hence, the Asia Pacific market is expected to see a growth in adoption of nutrigenomics services in the coming years, thereby emerging as a prominent region in the global nutrigenomics market.
Some of key players operating in the nutrigenomics market are Alltech, Cell-Logic, Cura Integrative Medicine, geneOmbio Technologies Pvt. Ltd., Genova Diagnostics (GDX), Genova Diagnostics, Metagenics, Inc., Nutrigenomix, Sanger Genomics Pvt. Ltd, Wellgen Medical Co., Ltd., and other market participants.
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Nutrigenomics Market
By Type
- Health Test
- Sports Test
- Fertility Test
- Plant-Based
By End-Users
- Clubs
- Health and Fitness Professionals
- Wellness Companies
- Others
By Application
- Obesity
- Cardiovascular Disease (CVD)
- Diabetes Mellitus (DM)
- Cancer
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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