Nutrigenomics Testing Market is predicted to grow progressively at a CAGR of 13.3% over 2019 to 2025: according to a new research report by Global Market Insights, Inc.
— Nutrigenomics Testing Market is predicted to grow progressively at a CAGR of 13.3% over 2019 to 2025: according to a new research report by Global Market Insights, Inc.
Increasing health concerns around the world owing to a steady adoption of unhealthy lifestyle will fuel nutrigenomics testing market share over the forecast period. Nutrigenomics is an emerging science that examines a particular area of nutrition which uses molecules, to understand responses observed form certain diets given to an individual or group of people. There has been a rising need for personalized nutrition among patients and various researches performed regarding the technology have rendered positive results.
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According to a survey done in Greece on the general population and samples from health professionals, it was found that there was an impending need for nutrigenomics science. The study revealed that nearly 80.5% of doctors and nutritionists were willing to propose a nutrigenomics analysis.
The introduction of genetic testing businesses by major healthcare companies on online platforms will certainly drive nutrigenomics testing industry outlook. Big data analytics and genomics have stepped in together with the increasing trend to personalize nutrition and workout regimens. These testing businesses have steadily warmed their way up to the consumer space.
Elaborated below are some notable trends expected to fuel global nutrigenomics testing industry share over the coming years:
Increasing prevalence of obesity
Rising occurrence of obesity has become a public health burden and patients have seemingly begun to receive nutrigenetic testing for helping in obesity management. Surge in the intake of food abundant in caloric value and reduction in the physical activities have led to the growth of obesity worldwide. Recent studies based on the disorder have suggested that genes along with environmental factors like the intake of dietary nutrients and their interactions have a great effect on controlling obesity.
WHO has reported that more than 1.9 billion people aged 18 or above were overweight in 2016, out which almost 650 million were obese. The organization has also advised that obesity is an issue that can be prevented, encouraging people to seek novel healthcare services and stimulating nutrigenomics testing market size to some extent.
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Several research efforts and investigations undertaken in order to look deeper into the nutrient benefits for obese patients will also influence the business outlook.
Recent studies have suggested the genotype’s influence on the responsiveness to nutrients which may help reduce cardiovascular risks. The United States witnesses nearly 610,000 of deaths due to heart disease every year with more than 735,000 of Americans suffering from heart attacks annually. Undoubtedly, managing the risk of cardiovascular disorders will offer considerable revenue prospects for nutrigenomics testing industry.
Growing adoption in North America
Substantial occurrence of critical diseases like obesity, diabetes and cardiovascular disorders in North America will boost the regional nutrigenomics testing industry forecast over the analysis period. People in the region have been steadily adopting personalized diets to ensure themselves an appropriate amount of nutritional value that is important for a healthy body metabolism.
Additionally, nutrigenetic testing has become increasingly accessible through online platforms, expanding the knowledge of people regarding the technology and making it easier for healthcare providers to recommend it. For instance, DNAFit delivers an online training program and is based on saliva swab results, capable of evaluating 45 genetic variants.
Chapter 1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
126.96.36.199. Paid sources
188.8.131.52. Unpaid sources
Chapter 2. Executive Summary
2.1. Nutrigenomics industry 3600 synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Application trends
2.1.3. Distributional channel trends
2.1.4. Regional trends
Chapter 3. Nutrigenomics Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 – 2025
3.3. Industry impact forces
3.3.1. Growth drivers
184.108.40.206. Increasing prevalence of obesity across the globe
220.127.116.11. Rising popularity for personalized diet
18.104.22.168. Increasing government initiatives on promoting health in developed regions such as North America and Europe
22.214.171.124. Rapid advances in molecular biology and genomics
3.3.2. Industry pitfalls & challenges
126.96.36.199. Stringent regulatory scenario
3.4. Growth potential analysis
3.4.1. By Application
3.4.2. By Distributional Channel
3.5. Porter’s analysis
3.6. Competitive landscape, 2018
3.6.1. Strategy dashboard
3.7. PESTEL analysis
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North America nutrigenomics testing market size is anticipated to accrue growth of over 12% between 2019-2025.
Rising number of research activities
Investments into developing nutrigenetics testing will stimulate global nutrigenomics testing market outlook, since major national and international projects have had nutritional genomics as a key subject for relevant research.
NuGO for instance, is European-funded Network of Excellence that links nutrition, health research and genomics. It has been carrying out research in all the omics that are related to health and nutrition along with its ethical aspects. There has been a launch of several more research institutes like the Cornell Institute for Nutritional Genomics in New York, or Salk Center for Nutritional Genomics in CA. Some research centers have laboratories and programs that have been devoted to nutrigenomics testing.
Key industry players like Holistic Heal, Salugen, Gene Box, Xcode Life, Pathways Genomics, Sanger Genomics and Metagenics will outline the competitive dynamics of nutrigenomics testing market, owing to continuous R&D activities and consistent strategies to expand and collaborate with other companies.
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