Nutrigenomics Testing Market to See Competition Rise | BASF SE, Danone, Unilever

HTF Market Intelligence published a new research document of 150+pages on” Nutrigenomics Testing Market Insights, to 2028” with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Nutrigenomics Testing market was mainly driven by the increasing R&D spending by leading and emerging player, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are Koninklijke DSM N.V. (Royal DSM) (Netherlands), BASF SE (Germany), Danone (France), GeneSmart (United States), Unilever (United Kingdom), Genova Diagnostics Inc. (United States), Nutrigenomix, Inc. (United States), Metagenics, Inc. (United States), WellGen, Inc. (United States), Cell Logic (United States)

According to HTF Market Intelligence, the Global Nutrigenomics Testing market to witness a CAGR of 15.48% during forecast period of 2023-2028. Global Nutrigenomics Testing Market Breakdown by Application (Obesity, Diabetes, Cardiovascular Diseases, Cancer Research, Women’s Health, Neurological, Others) by Type (Reagents and Kits, Services) by Distribution Channel (Hospitals and Clinics, Online Platform, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Nutrigenomics Testing market size is estimated to increase by USD 590.2 Million at a CAGR of 15.48% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 410.6 Million.

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Definition:
Nutrigenomics testing is a type of genetic testing that analyzes an individual’s DNA to determine how their genes impact their response to nutrients in their diet. The goal is to develop personalized dietary recommendations based on an individual’s genetic makeup.

Market Trends:
Increasing interest in personalized nutrition and wellness, driven by a growing awareness of the role of nutrition in health and disease prevention.
Advancements in genetic testing technology, allowing for more accurate and cost-effective nutrigenomics testing.

Market Drivers:
Growing prevalence of chronic diseases such as obesity, diabetes, and cardiovascular disease, driving demand for personalized nutrition solutions.
Increasing awareness of the role of genetics in nutrition and health, driving interest in nutrigenomics testing.

Market Opportunities:
Development of new and innovative nutrigenomics testing technologies, allowing for more accurate and comprehensive analysis of genetic data.

The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Nutrigenomics Testing Market: Reagents and Kits, Services

Key Applications/end-users of Nutrigenomics Testing Market: Obesity, Diabetes, Cardiovascular Diseases, Cancer Research, Women’s Health, Neurological, Others

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