Nutrigenomics Market Business Production forecast 2022-2028
Certain foods alter our genes. This, in turn, alters our reactions to certain nutrients in food. Nutrigenomics Market is a subfield of genetics that investigates this. Individuals can identify and evaluate specific genetic markers with the help of Nutrigenomics testing, which generates a comprehensive report with specific recommendations for achieving a desired level of fitness. The testing identifies areas where people aren’t getting enough energy from their food, which can lead to diseases like diabetes, which can be avoided.
The more people learn about the benefits of nutrigenomics testing, the more money the market will make in the future. As people become more health-conscious, the importance of eating well is rising.Avoiding unhealthy foods can help prevent diabetes and heart disease. Naturally, enthusiasts of sports and personalised nutrition are interested in market growth.
The Nutrigenomics market’s revenue growth may be slowed in the coming years. These things include the high cost of nutrigenomics testing, a lack of skilled doctors, and fears about the privacy of an individual’s genetic information.
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COVID-19’s Impact Study :
- Businesses and operations were seriously harmed by social isolation and restrictions.
- Lockdowns caused issues in transportation and logistics.
- Manufacturing and mining operations around the world were affected.
- Took a toll on the economy of different countries.
- Caused a sudden and drastic drop in economic activity.
- Disrupted farming, fisheries, dairy, and other industries.
- Caused job loss and a financial crisis.
- The supply effects were exacerbated by lower disposable income.
- Variants keep popping up, which makes people worried and changes their normal routines.
- Revenue from the Obesity Segment is expected to grow quickly.
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A sedentary lifestyle and the popularity of street food are expected to increase obesity in the coming years. The World Health Organization estimates that being overweight or obese kills 2.8 million people annually. Obesity is increasing in low- and middle-income countries.
The Reagents and Kits Segment is going to make a lot of money.
Revenue from reagents and kits is expected to grow a lot over the next few years. More people will want to buy nutrigenomic testing kits, which help people find the right diet based on their phenotype, genetic, and medical information.These kits help people plan a healthy diet, cut down on the risk of certain illnesses, and improve their health.
North America Largest Revenue Share :
Over the next few years, the global market for nutrigenomics is expected to grow the most. Obesity and diabetes are on the rise, and nutrigenomics research is ongoing, all contributing to this trend. We need more healthy food.
Major Companies in the Market Include:
- Koninklijke DSM N.V.
- BASF SE
- Danone S.A.
- Unilever plc
- Genova Diagnostics
- Nutrigenomix Inc.
- Metagenics, Inc.
- GX Sciences Inc.
- Xcode Life
The global nutrigenomics market is segmented on the basis of application, product, and region:
- Cardiovascular Diseases
- Cancer Research
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA