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The nutrigenomics market is estimated to be worth $0.64 billion in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 13% during the forecast period.
Given the recent shift from the one-size-fits-all model to a more personalized mode of treatment, there has been a growing interest in identification and adoption of novel techniques. It is estimated that there are around 20,000 genes present in the human body, all of which interact with the nutrients in the food, either directly or indirectly. Since the introduction of a gene sequencing method by Frederick Sanger in 1977, the field of genomic data collection and analysis has evolved significantly. Advances in DNA sequencing technologies have enabled significant developments in a variety of healthcare-focused research fields, such as precision medicine and diagnostics. Further, the success of the Human Genome Project, which mapped the whole human DNA, has paved a path for the novel concept of nutritional genomics, the science studying the relationship between human genome, nutrition and health. Presently, extensive studies are being conducted to understand the interaction between nutrients and gene expression at the molecular level to determine effect of a specific nutrient and dietary regime on the human health. Although the field of nutritional genomics is still in a nascent stage, it is a moving at a very fast-pace and is believed to have the potential to lay the foundation for personalized nutrition offerings. Further, the growing interest in nutrigenomics is supported by the rising awareness about the influence of diet on human health and its potential with respect to minimizing the risk of various diet-related diseases, including diabetes, cardiovascular disorders, chronic respiratory diseases and oncological disorders.
At present, more than 100 companies are engaged in providing various types of nutrigenomic tests / services, including those focused on nutritional deficiency, food intolerance / sensitivity, nutrient metabolism, disease risk assessment, diet customization, lifestyle management and weight management, worldwide. It is worth mentioning that there are several companies that provide nutrigenomic test offerings directly to consumer, through availability of online genetic test kits and at-home sample collection facilities. Moreover, this field is evolving continuously, as researchers and industry players alike aim to enhance the existing offerings. In this context, in the past 3 years, over 135 nutrigenetics focused research articles have been published, highlighting the active initiatives of researchers to illustrate the effect of nutrition on regulation of gene expression. At present, there are some ethical and regulatory challenges associated with nutrition genome, including the potential misuse of personal data, as well as uncertainty related to genetic phenotypic predispositions, for conditions where no proven treatment exists. However, the benefits offered by nutrition genome outweigh the uncertainty associated with its adoption. Considering the growing focus on personalized diets and active initiatives being undertaken by players in nutrigenomics market, we are led to believe that the opportunity for stakeholders in this niche, but upcoming, industry is likely to witness a commendable market growth during the forecast period.
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Examples of key companies engaged in nutrigenomics market (which have also been profiled in this market report; the complete list of companies is available in the full report) include 3X4 Genetics, Advanced Nutrigenomics, DNAlysis Biotechnology, DNA Health and Wellness, Geno Palate, Mapymygenome, Nutrigenetix, Nutrigenomix, Vieroots and Vitagenum. This market report includes an easily searchable excel database of all the companies working in the nutrigenomics market, worldwide.
Several recent developments have taken place in the field of nutrigenomics market. We have outlined some of these recent initiatives below. These developments, even if they took place post the release of our market report, substantiate the overall market trends that have been outlined in our analysis.
The ‘Nutrigenomics Market: Distribution by Type of Sample (Saliva and Other Samples), Type of Sample Collection Method (At-home Sample Collection and Lab Sample Collection) and Key Geographies (North America, Europe, Asia-Pacific, Latin America, Middle East and North Africa and Rest of the World): Industry Trends and Global Forecasts, 2022-2035’ market report features an extensive study of the current market landscape, market size, market share, market forecast, market outlook and future opportunities for the nutrigenomics focused companies. The market research report features an in-depth analysis, highlighting the capabilities of nutrigenomics focused companies.
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Amongst other elements, the market report features:
The key objective of nutrigenomics market report is to provide a detailed market analysis in order to estimate the existing market size, market value, statistics and future opportunity for nutrigenomics market during the forecast period. We have provided informed estimates of the likely evolution of the nutrigenomics market in the short to mid-term and long term, for the forecast period 2022-2035. Our year-wise projections of the current and future opportunity within nutrigenomics market have further been segmented based on relevant parameters, such as [A] type of sample (saliva and other samples), [B] type of sample collection method (at-home sample collection and lab sample collection) and [C] key geographical regions (North America, Europe, Asia-Pacific, MENA, Latin America and Rest of the world). To account for future uncertainties in the market and to add robustness to our model, we have provided three market forecast scenarios, portraying the conservative, base and optimistic tracks of the market’s evolution.
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The opinions and insights presented in the market report were also influenced by discussions held with senior stakeholders in the industry. The market research report features detailed transcripts of interviews held with the following individuals: