JERSEY CITY, N.J., April 25, 2024 /PRNewswire/ -- InsightAce
Analytic Pvt. Ltd. announces the release of a market assessment
report on the "Global Digital Personalized Nutrition Market
– (By Purchase Model (Subscription, One Time Purchase), By
End-users (Direct Consumers, Wellness & Fitness Centers,
Hospitals & Clinics, Institutions), By Application (Generic
Health & Fitness, Disease Based, Sports Nutrition)), Trends,
Industry Competition Analysis, Revenue and Forecast To
2031."
According to the latest research by InsightAce Analytic, the
Global Digital Personalized Nutrition Market is valued at
US$ 579.50 Mn in 2023, and it is expected to reach
US$ 1,932.79 Mn by 2031, with
a CAGR of 16.5% during the forecast period of
2024-2031.
Digital personalized nutrition describes the practice of using
electronic resources to create unique plans for each person's diet
and nutritional needs. The global digital personalized nutrition
market is anticipated to have significant expansion in the coming
years, propelled by technological progress. Biomarker analysis,
microbiome analysis, and DNA sequencing in saliva, blood, and urine
are all examples of diagnostic tools formed by these technical
advancements. The expansion of wearable health trackers, smart
wristbands, and patches has also contributed to the expansion of
the digital personalized nutrition industry.
Download Free Report Sample Pages
@ https://www.insightaceanalytic.com/request-sample/2448
Furthermore, users now have better access to nutrition-related
information, particularly that pertaining to allergies,
intolerances, and metabolic illnesses, due to innovation in new
digital technologies. Customers' heightened awareness has
fueled the need for digital personalized nutrition plans.
Moreover, the increasing number of people suffering from
long-term health issues, where food plays
an important part in both treatment and prevention, is
driving this industry even further. In addition, the fitness and
wellness industry is experiencing growth, which is backed
by customers who are prepared to pay for goods and services that
improve their health, growing the digital platforms and increasing
market expansion.
List of Prominent Players in the Digital Personalized
Nutrition Market:
- Nutrigenomix
- DayTwo
- CircleDNA
- Ancestry
- Segterra
- Persona
- BiogeniQ
- Baze
- Rootine
- HealthifyMe
- Caligenix
- GenoPalate
- Habit Food
- Personalized
- Levels
- Culina Health
- Sirka
- Lifesum
- Foodvisor
- Nutrium
- 23ANDME
- VIOME
- Noom
- Atlas Biomed
- Other Market Players
Schedule a Quick Call for Enquiry on the Report:
https://calendly.com/insightaceanalytic/30min?month=2024-04
Digital Personalized Nutrition Market Report Scope:
Report
Attribute
|
Specifications
|
Market Size Value In
2023
|
USD 579.50
Mn
|
Revenue Forecast In
2031
|
USD 1,932.79
Mn
|
Growth Rate
CAGR
|
CAGR of 16.5% from 2024
to 2031
|
Quantitative
Units
|
Representation of
revenue in US$ Mn and CAGR from 2024 to 2031
|
Historic
Year
|
2019 to 2023
|
Forecast
Year
|
2024-2031
|
Report
Coverage
|
The forecast of
revenue, the position of the company, the competitive market
structure, growth prospects, and trends
|
Segments
Covered
|
By Purchase Model,
End-Users, And Application
|
Regional
Scope
|
North America; Europe;
Asia Pacific; Latin America; Middle East & Africa
|
Market Dynamics:
Drivers-
The growing popularity of digital personalized nutrition and
technological progress are key factors expected to be driven by
digital health programs, which have seen a rise in participation
from the general public in emerging nations because of factors
including the widespread availability of mobile devices.
As people's discretionary incomes rise, they are
able to upgrade their mobile devices to
smartphones, which is fueling the growth of the digital
personalized nutrition industry. The digital personalized
nutrition industry is being propelled by the rising number of
people who own smartphones, which allows them to access these
services readily.
Challenges:
Rapidly changing technology and concerns about data privacy are
predicted to be challenges that will reduce
the market's growth. Due to the sensitive nature of
the data and the care providers are taking with it, the digital
customized nutrition industry faces serious threats
to data security and privacy. There is a potential for
intrusion and security breaches on platforms, which could
compromise the safety and efficacy of services provided in the
end. These platforms include connected medical equipment,
smartphones, tablets, and remote monitoring systems.
The growing number of internet-connected wearable medical
gadgets prompts worries about the possibility of illicit entry to
sensitive patient information, which hinders slowing down the
market growth during the next few years.
Regional Trends:
The North American digital personalized nutrition market is
expected to record a major market share in revenue. It is projected
to grow at a high CAGR in the near future due to rising
health and wellness consciousness and the proliferation of
nutritious goods and services.
The use of digital personalized nutrition systems by consumers
and health and fitness providers is driven by consumer expectations
for better health, as well as state-of-the-art technology,
which is expected to grow the region's digital
personalized nutrition market. Besides, Europe has a substantial share of the digital
personalized nutrition market due to shifts in eating habits and
lifestyle, as well as increased knowledge about the need for a
balanced diet, which is fueling the need for digitally
personalized nutrition programs in the area.
Recent Developments:
- In Nov 2023, Viome Life Sciences
recently acquired Naring Health, a digital health and wellness firm
that offered personalized clinical and molecular data to enable
well-informed decision-making. Viome acquired DiscernDX, a company
that provided comprehensive early disease detection, health
monitoring, and personalized care for individuals. They also
acquired Foodome, a company that analyzed all bioactive compounds
in food and utilized network science to explore the relationship
between diet, genetic pathways, and diseases. These acquisitions
were made under the umbrella of Naring Health.
Order Full Report 180 Pages Report
@ https://www.insightaceanalytic.com/buy-report/2448
Segmentation of Digital Personalized Nutrition
Market-
By Purchase Model-
- Subscription
- One Time Purchase
By End-users-
- Direct Consumers
- Wellness & Fitness Centers
- Hospitals & Clinics
- Institutions
By Application-
- Generic Health & Fitness
- Disease Based
- Sports Nutrition
By Region-
North America-
Europe-
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific-
- China
- Japan
- India
- South Korea
- South East Asia
- Rest of Asia Pacific
Latin America-
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of Middle East and
Africa
Why should buy this report:
- To receive a comprehensive analysis of the prospects for global
Digital Personalized Nutrition market
- To receive industry overview and future trends of global
Digital Personalized Nutrition market
- To analyze the Digital Personalized Nutrition market drivers
and challenges
- To get information on the Digital Personalized Nutrition market
size value (US$ Mn) forecast till 2031
- Major Investments, Mergers & Acquisition in global Digital
Personalized Nutrition industry
Other Related Reports Published by InsightAce
Analytic:
Next-Generation Personalized Nutrition Market
Human Microbiome-based Gut Health Test and Nutrition Market
Customized Probiotics Market
Low-Calorie Food Market
About Us:
InsightAce Analytic is a market research and consulting firm
that enables clients to make strategic decisions. Our qualitative
and quantitative market intelligence solutions inform the need for
market and competitive intelligence to expand businesses. We help
clients gain competitive advantage by identifying untapped markets,
exploring new and competing technologies, segmenting potential
markets and repositioning products. Our expertise is in providing
syndicated and custom market intelligence reports with an in-depth
analysis with key market insights in a timely and cost-effective
manner.
Contact Us
InsightAce Analytic PVT. LTD
Tel.: +1 551 226 6109
Email: info@insightaceanalytic.com
Follow us on LinkedIn:
https://www.linkedin.com/company/insightace-analytic-pvt-ltd/
Logo:
https://mma.prnewswire.com/media/1729637/InsightAce_Analytic_Logo.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/digital-personalized-nutrition-market-2024-exclusive-report-with-accurate-forecast-to-2031--insightace-analytic-302127398.html