United States
Nutrigenomics Market is expected to grow at a significant rate during the
forecast period 2024-2028. The growing demand in the Nutrigenomics Market may
be attributed to the increasing demand for a customized diet among athletes,
the rising prevalence of obesity among people, and the growing significance of
nutrient-rich food as a preventative measure for obesity and other diseases
like cardiovascular diseases, diabetes, and malnutrition. Given that different
types of cancer are connected to dietary intake and can greatly affect cancer
risk, nutrigenomics is crucial in cancer research to understand the etiologic
elements of cancer. It is also known that nutritional
genomics can be used to assess food safety and customize diets. With
the numerous planned developments, it is projected that the field of diet and
nutrition will advance as a result of the continued advancement of
nutrigenomics.
One of the uses
of genomics is nutrigenomics, which focuses on the investigation of how
nutrition affects gene expression and metabolic pathways. In order to ascertain
how a particular nutrient and dietary regimen can affect human health,
nutrigenomics focuses on understanding the molecular interactions between the
genome and the nutrients. The upcoming innovative therapeutic processes and
methods are anticipated to receive considerable support from nutrigenomics. Further,
increasing genomics research and the development of nutrigenomics services have
made it possible for several strategic alliances between large firms. For
instance, in July 2017, Helix, which had just launched the first online
marketplace for DNA-powered products, collaborated with DNA fit to produce five
new DNA-based products. Due to the rising incidence of lifestyle disorders
including diabetes and obesity, the worldwide nutrigenomics industry is
anticipated to experience enormous growth.
The growing demand
in the Nutrigenomics Market may be attributed to the increasing demand for a
customized diet among athletes, the rising prevalence of obesity among people,
and the growing significance of nutrient-rich food as a preventative measure
for obesity and other diseases like cardiovascular diseases, diabetes, and
malnutrition. As many experts have noted, food control can lower the risk of
developing cancer, which is based on cancer research on individual nutrition,
and this may also contribute to the expansion of the nutrigenomics market. Further,
technology has advanced recently, and it will undoubtedly continue to do so in
the future as well in the nutrigenomics market. The government's funding of
research and development as well as rising healthcare costs have also
contributed to the market's expansion. Notwithstanding the benefits, the
market's expansion may be constrained by the need for doctors with advanced
training and the rising expense of healthcare.
Also, national
government agencies are launching programs to aid nutrigenomics study. For
instance, the AHA released a policy statement on nutritional assistance
policies and suggestions for enhancing programs with a general focus on food
security in March 2022. Priorities for food security include preventing chronic
diet-related diseases like cancer, diabetes, obesity, and cancer. Such
activities will probably open up new avenues for nutrigenomics study. As a
result, it is anticipated to stimulate market expansion in the area.
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Rising Demand for
Nourishing Food is Driving Market Expansion
In the years to
come, the market expansion is expected to be driven by the growing significance
of nourishing food among the preventative measures for malnutrition, various
cardiovascular diseases, obesity, and related illnesses. As more researchers realize
that controlling one's food can lessen one's propensity to develop cancer,
there is an increase in cancer research based on personal nutrition. As a
result, the application sectors for obesity and cancer research rose to
prominence in 2017 and are predicted to continue dominating throughout the
projected period. Building a link between genetics and a person's response to
their diet is made easier by nutrigenomics. For instance, modifications made in
response to certain gene variations that may cause lactose and gluten
sensitivity can be seen in the development of lactose and gluten-free foods. The
production of food specifically matched to a specific gene profile, such as the
strengthening of the frail immune system and the reduction of dietary
cholesterol components, is now the focus of several leading manufacturers. Hence,
the rising demand for nourishing food is driving the growth of
the market throughout the forecast period.
Growing Prevalence of Obesity
is Fueling the Growth of Market
The rise in the
incidence of obesity is one of the key factors anticipated to propel the growth
of the nutrigenomics market during the forecast period.
In the US, the
prevalence of adult obesity has been rising over time. Overeating and physical
inactivity are the two most frequent causes of obesity. Yet, other factors such
as genetics, metabolism, environment, behavior, and culture may also have an
impact on obesity. The CDC lists the following as other American
society-related contributing factors: the environment for food and physical
activity, education and skill development, and food marketing and promotion.
Obesity is the major cause of death, diabetes, heart disease, stroke, and
several types of cancer. It is also linked to poorer mental health outcomes and
lower quality of life. IBISWorld predicts that, in the five years leading up to
2023, the obesity rate among people aged 18 and older will rise 1.2% year to
32.74 people per 100 people. This factor is expected to demand of Nutrigenomics
in US throughout the forecast period.
Rising awareness
in nutrigenomics to overcome various groups of diseases associated with
diabetes is driving the demand during the forecast period. In 2021, more than two-thirds
of adults in the US were obese or overweight. This factor is fueling the demand
of the Nutrigenomics market in the US. Further, In the United States, obesity
is an ongoing issue that is getting worse. In the United States, an astounding
32% of adults are now categorized as obese. State-by-state variations in
obesity rates have been observed, with 25% in Hawaii and 41% in West Virginia
being considered obese, respectively. West Virginia, Kentucky, and Alabama have
the highest obesity rates among the states.
High Cost of
Implementation is Hampering the Growth of the US Nutrigenomics Market
Nutrigenomics
combines cutting-edge medical technologies and procedures that cost a lot of
money and an increasing number of highly qualified workers. High investment in
manufacturing and manpower is hampering the overall growth of the market.
Further, factors such as the high cost of genomic equipment, and improper
handling of equipment due to lack of workers are two major factors anticipated
to limit the market growth. Additionally, advancement in infrastructure, high
investment in manufacturing facility along with implementation of sophisticated
technologies require high investment. Therefore, high cost of implementation is
anticipated to limit the growth of the US Nutrigenomics market.
Recent
Development
- In September 2022,
Pharmagreen Biotech Inc. will have created its first formulation of a
nutraceutical product and will be setting up the retail sales channels for the
new item. A combination of fifteen components from medicinal plants and
mushrooms make up this nutraceutical product.
Market Segmentation
United States Nutrigenomics
Market is segmented based on Product
& Services, Product, Technique, and Application. Based on Product &
Services, the market is divided into Services (Nutrigenomics Genetic Testing) and
Product.
Based on Product, the market is segmented into Vitamins & Supplements,
Probiotics, Prebiotics. Based on the Technique, the market is divided into Saliva/Buccal
Swab, Blood, and Others. Based on Application, the market is divided into Obesity,
Cancer Research, Cardiovascular Diseases, Digestive Health, and Others.
Market players
The key players in the market
are PHARMAGREEN
BIOTECH INC., BioGaia, DuPont de
Nemours, Inc., Nutrigenomix Inc., Metagenics, Inc., Genova Diagnostics, Inc., DNA
fitMedGenome, Garden of Life, LLC., GeneOmbio, WellGen, Inc.
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Attribute
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Details
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Base
Year
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2022
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Historic
Data
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2018 – 2021
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Estimated
Year
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2023
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Forecast
Period
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2024 – 2028
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Quantitative
Units
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Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028
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Report
coverage
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Revenue forecast,
company share, competitive landscape, growth factors, and trends
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Segments
covered
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By
Product and Services
By
product
By Technique
By Application
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Regional
scope
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North-East,
Mid-West, West, South.
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Key
companies profiled
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BioGaia,
DuPont de Nemours, Inc., Nutrigenomix Inc., Metagenics, Inc., Genova
Diagnostics, Inc., DNA fitMedGenome, Garden of Life, LLC., GeneOmbio, WellGen
Inc.
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Customization
scope
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10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
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Pricing
and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery
Format
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PDF and Excel
through Email (We can also provide the editable version of the report in
PPT/Word format on special request)
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Report Scope:
In this report, the United States
Nutrigenomics Market has been segmented into the following categories, in
addition to the industry trends which have also been detailed below:
United States Nutrigenomics Market, By Product and Services:
o Services (Nutrigenomics Genetic Testing)
o Product
United States Nutrigenomics Market, By Product:
o Vitamins & Supplements
o Probiotics
o Prebiotics
United States Nutrigenomics Market, By Technique
o Saliva/Buccal Swab
o Blood
o Others
United States Nutrigenomics Market, By Application
o Obesity
o Cancer Research
o Cardiovascular Diseases
o Digestive Health
o Others
United States Nutrigenomics Market, By Region
o North-East
o Mid-West
o West
o South
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the United States Nutrigenomics
Market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market
players (up to five).
United States Nutrigenomics Market is
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report or want to confirm the date of release, please contact us at [email protected]