Nutrigenomics Testing Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 13.30 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Nutrigenomics Testing Market Analysis
The Nutrigenomics Testing market is expected to register a 13.3% of CAGR over the forecast period. The major factors for the market growth are increasing burden of lifestyle disorders and gaining popularity of personalised diet. Some of the lifestyle diseases include heart disease, and stroke, obesity and diabetes. According to the World Health organization, cardiovascular diseases are one of the leading causes of death and around three-quarter of the deaths occur in low- and middle-income countries. Moreover, diet plays an influential role on the health with respect to the prevention of diseases and the overall quality of life. Thus, the nutrigenomics testing market growth is expected to propel.
Nutrigenomics Testing Market Trends
This section covers the major market trends shaping the Nutrigenomics Testing Market according to our research experts:
Obesity Segment is Expected to Exhibhit a Significant Market Growth in the Nutrigenomics Testing Market
· According to the factsheet of National Health Service, as of May 2020, about 20% of the children aged 6 years were obese in the United Kingdom. Childhood obesity is often associated with higher risk of premature death, disability in adulthood, and other risks such as difficulty in breathing, increased risk of fractures, hypertension, early markers of cardiovascular disease, insulin resistance and psychological effects.
· Furthermore, obesity has been a major issue in high-income countries, however in recent years it has seen an upsurge in low- and middle-income countries. In 2018, approximately 40 million children that were under the age of five were obese worldwide, nearly half of this population was found to in Asia. Thus, the rising burden of obesity is expected to have a positive impact on the nutrigenomics testing market.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America is expected to be a dominant region in the Nutrigenomics Testing market owing to rising burden of diseases due to sedentary lifestyle adoption. According to the Centre for Disease Control and Prevention, in 2017-18, the prevalence of obesity in the United States was found to be around 42.4% in adults. The prevalence of obesity was found to be more in women as compared to men. Furthermore, as per the data of Diabetes Research Institute, 2018, 34.2 million people in the United States had diabetes. Hence, a personalised dietary approach is gaining popularity for prevention and treatment of such diseases. Therefore, the aforementioned factors are expected to rise the demand for nutrigenomics testing market growth.
Nutrigenomics Testing Industry Overview
Companies are taking initiatives to grow their presence in the market. In 2019, PT Kalbe Farma Tbk. launched Nutrigen-me panel that includes hormones, methylation, inflammation and antioxidants, plus sleep and lifestyle. Key players that are expected to be dominant in Nutrigenomics Testing market are Orig3n, DNA Life, Genus Health, LLC, Sanger Genomics Pvt. Ltd., The Gene Box, GX Sciences,Inc., Nutrigenomix, Cura Integrative Medicine and Holistic Health
Nutrigenomics Testing Market Leaders
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Holistic Heal
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Cura Integrative Medicine
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Nutrigenomix
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GX Sciences, Inc.
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The Gene Box
*Disclaimer: Major Players sorted in no particular order
Nutrigenomics Testing Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Increasing Prevalence of Lifestyle Disorders
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4.2.2 Increasing Popularity for Personalised Diet
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4.3 Market Restraints
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4.3.1 Stringent Regulatory Framework
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Application
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5.1.1 Obesity
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5.1.2 Diabetes
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5.1.3 Cancer
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5.1.4 Cardiovascular Disease
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5.2 Geography
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5.2.1 North America
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5.2.1.1 United States
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5.2.1.2 Canada
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5.2.1.3 Mexico
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5.2.2 Europe
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5.2.2.1 Germany
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5.2.2.2 United Kingdom
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5.2.2.3 France
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5.2.2.4 Italy
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5.2.2.5 Spain
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5.2.2.6 Rest of Europe
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5.2.3 Asia-Pacific
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5.2.3.1 China
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5.2.3.2 Japan
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5.2.3.3 India
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5.2.3.4 Australia
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5.2.3.5 South Korea
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5.2.3.6 Rest of Asia-Pacific
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5.2.4 Rest of the World
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Cura Integrative Medicine
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6.1.2 DNA Life
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6.1.3 Genus Health, LLC
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6.1.4 GX Sciences,Inc.
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6.1.5 Holistic Health
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6.1.6 Nutrigenomix
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6.1.7 Orig3n
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6.1.8 Sanger Genomics Pvt. Ltd.
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6.1.9 The Gene Box
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Nutrigenomics Testing Industry Segmentation
Nutrigenomic Testing refers to the evaluation of genetic markers that helps in understanding the effect of diet on the health of an individual. Nutrigenomics Testing Market is segmented By Application and Geography.
By Application | |
Obesity | |
Diabetes | |
Cancer | |
Cardiovascular Disease |
Geography | ||||||||
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Rest of the World |
Nutrigenomics Testing Market Research FAQs
What is the current Nutrigenomics Testing Market size?
The Nutrigenomics Testing Market is projected to register a CAGR of 13.30% during the forecast period (2024-2029)
Who are the key players in Nutrigenomics Testing Market?
Holistic Heal, Cura Integrative Medicine, Nutrigenomix, GX Sciences, Inc. and The Gene Box are the major companies operating in the Nutrigenomics Testing Market.
Which is the fastest growing region in Nutrigenomics Testing Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Nutrigenomics Testing Market?
In 2024, the North America accounts for the largest market share in Nutrigenomics Testing Market.
What years does this Nutrigenomics Testing Market cover?
The report covers the Nutrigenomics Testing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Nutrigenomics Testing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Nutrigenomics Testing Industry Report
Statistics for the 2024 Nutrigenomics Testing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Nutrigenomics Testing analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.