Nutrigenomics Market to Grow with an Impressive CAGR During the Forecast Period
Advancing
healthcare is driving the growth in Global Nutrigenomics Market in the forecast
period, 2022-2026.
According to TechSci Research report, “Global Nutrigenomics
Market
By Product & Services (Reagents & Kits v/s Services) By Technique
(Saliva, Buccal Swab, Blood, Others) By Application (Obesity, Cardiovascular
Diseases, Cancer Research, Digestive Health, Others) By Region, Competition
Forecast & Opportunities, 2026”, the global nutrigenomics
market may potentially project an impressive growth in the forecast period,
2022-2026, with an impressive CAGR on the account of rapidly increasing
research and development prospect of the healthcare industry. Moreover, rapidly
increasing number of market players is also substantially driving the growth of
the global nutrigenomics market in the upcoming five years. Increasing
instances of obesity, diabetes, and other lifestyle diseases is also supporting
the growth of the global nutrigenomics market in the next five years. The
changing habits of poor lifestyle choices, unhealthy eating habits, and
alcoholism along with increased inclination of consumers toward smoking is
rapidly surging the demands for the nutrigenomics influenced pharmaceutical and
thereby aiding the growth of the global nutrigenomics market in the future five
years of forecast.
Nutrigenomics is a branch of science that deals
with the analysis of food and its constituents on gene expression, effects of
genetic variations on the nutritional environment. In simpler terms, various
nutrient affect human body and physiology. The effect of these components is
also studied on the genetic level of the humans. These nutrients on a molecular
level affects the genetic materials of the human body and the study is termed
as nutrigenomics.
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The global nutrigenomics market is segmented into
product & services, technique, applications, competitional analysis, and
regional distribution. Based on technique, the market is further fragmented
into saliva, buccal swab, blood, and others. Due to increasing demand for
personalized nutrition diet analysis and rising awareness is driving the growth
of the global nutrigenomics market in the upcoming five years. Blood tests are
anticipated to hold the largest revenue shares of the market on the account of
efficient and effective technique of the diagnosis for the diseases like
obesity, and other lifestyle diseases. Moreover, studies over effects of
genetic material drawn from blood provide better analysis result and
understanding thus, the blood sample technique is expanding, and thereby
supporting the growth of the global nutrigenomics market in the next five
years.
Based on product & services, the market is
further divided into reagents kits, and services. Reagents kits are anticipated
to hold the largest revenue shares of the market and dominate the market
segment in the upcoming five years on the account of rising instances of
research and development. Rapidly increasing number of research institutes
along with the increasing number of nutrigenomics experiments and various
analytic tests is further supporting the growth of the demand for reagents and
kits in the upcoming five years. Services are anticipated to hold significant
shares of the market in the next five years on the account of surging demands for
the genetic analysis, along with the nutrient studies on their effects on
genetic material.
Holding the major shares of the global
nutrigenomics market are Nutrigenomix Inc., BASF SE, Metagenics, Inc., WellGen,
Inc., Genova Diagnostics, Inc., Cell Logic, Danone S.A., Koninklijke DSM N.V.,
Unilever plc, among others. Market players are actively involved in the
research and technological development in the product developments. The
advanced technology has made it possible for the industry to provide excellent
services through nutrigenomics. Further advancement would aid the market value
and brand establishment in the future five years. New market players may focus
on the research and development to provide options that satisfies the consumer
demand as well as benefits the market players in building their brand value.
Other competitive strategies include mergers & acquisitions and new product
developments.
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“North America is
anticipated to hold the largest revenue shares of the market in the upcoming
market and establish as the most promising region in the upcoming five years on
the account of availability of well-established healthcare industry. Moreover,
rapidly increasing studies and research on the field as well as effects of
nutrients on the genetic material is further supporting the growth of the
market. New market players are advised to invest and focus on the research and
development of the nutrigenomics products and services for the brand establishment.
Collaborations and regulated deals with the established market players would
aid the future prospects of the new market player,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based Global management
consulting firm.
“Global Nutrigenomics
Market By Product & Services (Reagents & Kits v/s Services) By
Technique (Saliva, Buccal Swab, Blood, Others) By Application (Obesity,
Cardiovascular Diseases, Cancer Research, Digestive Health, Others) By Region,
Competition Forecast & Opportunities, 2026”, has evaluated the
future growth potential of global nutrigenomics and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global nutrigenomics market.
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