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What Is the Forecast for the Nutrigenomics Market Growth in 2025?
The market for nutrigenomics has experienced a swift expansion in the past few years. It is projected to escalate from $0.96 billion in 2024 to $1.14 billion in 2025, with a compound annual growth rate (CAGR) of 18.9%. This growth during the historic period is associated with the increase in online shopping, expansion of functional beverages, surge in pharmaceuticals, emergence of e-commerce and the development of companion diagnostics.
What Is the Forecast for the Nutrigenomics Market Size Through 2029?
Expect a significant surge in the nutrigenomics market in the coming years, with its value expected to rise to $2.26 billion by 2029, equating to a Compound Annual Growth Rate (CAGR) of 18.5%. This projected upswing during the forecast period can be attributed to the growing apprehension regarding sugar intake, an increased demand for nutrigenomics due to the rise in chronic diseases, the mounting demand for preventive health solutions, and the escalating cases of cancer. The forecast period is likely to witness major trends such as the incorporation of digital health and AI, as well as big data, the expansion of pharmacogenomics, the utilization of digital health tools, and product innovation.
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What are the Key Market Players in Nutrigenomics Market and How They’re Evolving?
Major companies operating in the nutrigenomics market are Illumina Inc., Metagenics Inc., 23andMe, Genova Diagnostics Inc., Viome Inc., DNAfit, geneOmbio Technologies Pvt Ltd, Nutrigenomix Inc., SelfDecode Inc, Fagron Genomics S.L, WellGen Inc., XCODE Life Sciences Pvt. Ltd., Cura Integrative Medicine, GenoPalate, 3X4 Genetics, OmegaQuant Analytics, LLC, Cell Logic, Nutrigenomics Institute, Wellness Psychiatry, Pathway Genomics
What Are the Primary Growth Drivers in the Nutrigenomics Market?
Rising health consciousness is set to fuel the expansion of the nutrigenomics market in the foreseeable future. Health consciousness involves individuals’ awareness and comprehension of numerous health factors, including prevention methods, disease management, and various treatment approaches. This rise in health awareness can be attributed to improved public health, minimized healthcare expenses, and an elevated quality of life. Nutrigenomics, which involves the examination of the relationship between genes and nutrients, enables individuals who prioritize their health to make knowledgeable food choices that align with their genetic constitution. This allows for enhancement of wellness, prevention of chronic illnesses, and development of individualized nutrition plans for superior long-term health results. For example, a survey conducted in May 2022 by the International Food Information Council, a non-profit entity based in the US, found that approximately 52% of the 1,005 American adults aged between 18-80 and Gen Z adults aged 18-24 years who participated in the study adhered to a particular diet or eating routine, a substantial increase from the 39% recorded in 2021. The predominant choices included clean eating (16%), mindful eating (14%), and calorie counting (13%). Consequently, the escalating health consciousness is contributing to the robust growth trajectory of the nutrigenomics market.
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What Are the Leading Segments in the Global Nutrigenomics Industry?
The nutrigenomics market covered in this report is segmented –
1) By Product: Reagents And Kits, Services
2) By Technique: Saliva, Buccal Swab, Blood
3) By Application: Diabetes, Obesity, Gastrointestinal, Woman’s Health, Neurological, Other Applications
4) By End User: Hospitals And Clinics, Other End Users
Subsegments:
1) By Reagents And Kits: DNA Extraction Kits, Genotyping Kits, PCR Reagents, Metabolomics Kits
2) By Services: Nutrigenomic Testing, Data Interpretation Services, Genetic Counseling
What Are the Key Market Trends in the Nutrigenomics Industry?
Prominent firms in the nutrigenomics market are concentrating on technological advancements such as personalized nutrition insights to better health outcomes, refine dietary advice, and wellness solutions. Tailored nutritional advice is provided based on a person’s distinct biological, genetic, and personal habits. For example, in June 2023, Xcode Life, a genomics firm from the U.S., introduced a gene nutrition test in India, leveraging nutrigenomics to offer customized dietary advice based on a person’s genetic structure. The test answers nearly 50 nutritional aspects, exploring how a person’s genomes influence their nutritional requirements, metabolism, nutrient absorption, and reactions to different foods. This comprehensive analysis results in detailed nutritional advice. The process utilises the nutrigenomic method, studying how food intake affects gene behavior, illuminating how individual foods advantages or disadvantages health due to genetic predispositions. The gene nutrition test necessitates an initial DNA test that helps in the collection of genetic data used for nutritional analysis. This integration makes the process more seamless for those seeking personalized health advice.
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What Is the Regional Outlook for the Nutrigenomics Market?
North America was the largest region in the nutrigenomics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nutrigenomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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This Report Delivers Insight On:
1. How big is the nutrigenomics market, and how is it changing globally?
2. Who are the major companies in the nutrigenomics market, and how are they performing?
3. What are the key opportunities and risks in the nutrigenomics market right now?
4. Which products or customer segments are growing the most in the nutrigenomics market?
5. What factors are helping or slowing down the growth of the nutrigenomics market?
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