Nutrigenomics market booming, projected to reach $2,365.22 million by 2032
From GlobeNewswire: 2024-11-26 08:00:00
The Nutrigenomics market is booming, with a value of USD 582.89 million in 2023 and projected to reach USD 2365.22 million by 2032, growing at a CAGR of 16.86%. Demand is rising due to personalized nutrition needs and genetic testing services. Companies like Nutrigenomix and 23andMe Inc. are key players in this market.
In 2023, North America dominated the Nutrigenomics market, driven by strong healthcare infrastructure and consumer awareness. Asia Pacific is expected to experience rapid growth due to increasing disposable incomes and awareness of genetic testing. Companies like Xcode Life and GX Sciences are pioneering personalized nutrition solutions, fueling market expansion.
Key segments in the Nutrigenomics market include products like reagents & kits and services like genetic counseling. Applications such as obesity and cardiovascular diseases are major drivers of market growth. Advancements in genomic research and consumer demand for personalized health solutions are propelling the market forward. The future of the market looks promising, with continuous innovations in genetically tailored nutrition and health strategies benefiting more individuals. SNS Insider offers a Nutrigenomics Market Analysis & Outlook Report 2024-2032 for purchase, providing valuable insights to navigate changing market conditions. With a focus on delivering accurate data and consumer insights, SNS Insider aims to equip clients with the knowledge needed to make confident decisions in a dynamic market landscape.
Read more at GlobeNewswire: Nutrigenomics Market Projected to Reach USD 2,365.22