Personalized Nutrition And Supplements Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Ingredient (Proteins & Amino Acid, Vitamins, Minerals, Probiotics, Herbal/Botanic), By Dosage Form (Tablets/Capsules, Liquids, Powders, Other Forms), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Retail Pharmacies, Online Pharmacies & E-Comm
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationPersonalized Nutrition And Supplements Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Ingredient (Proteins & Amino Acid, Vitamins, Minerals, Probiotics, Herbal/Botanic), By Dosage Form (Tablets/Capsules, Liquids, Powders, Other Forms), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Retail Pharmacies, Online Pharmacies & E-Comm
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD42.01 billion |
| CAGR (2023-2028) | 13.19% |
| Fastest Growing Segment | Online Pharmacies and E-Commerce Sites |
| Largest Market | North America |
Market Overview
Key Market Drivers
Increasing Consumer Health Awareness Coupled With Growing Demand For Retail Nutrition Products
Wide Range Of Program Options With Respect To Type And Price
Increasing Prevalence Of Diet-Related Diseases
Advancements in Nutrigenomics
Key Market Challenges
Privacy Concerns
High Cost
Key Market Trends
Genetic Testing Integration
Personalized Supplements
Segmental Insights
Ingredient Insights
Dosage Form Insights
Regional Insights
Recent Developments
- InAugust 2022, Herbalife Nutrition announced Herbalife One, a new digitaltransformation initiative centered around launching a single platform to createa simplified and integrated experience for distributors and their customersworldwide. It would help the company to increase its efficiency andproductivity.
- InAugust 2022, Away announced an investment in microbiome start-up HolzapfelEffective Microbes (HEM) as it pursues personalized probiotic supplementproducts. HEM uses Personalized Pharmaceutical Meta-Analytical Screening (PMAS)to determine how gut microbiota can be leveraged to impact human health andwellness. It would help the company to strengthen its position in thepersonalized nutrition market.
- InSeptember 2021, BASF SE presented a comprehensive line-up of its healthingredients with a focus on vitamins, and carotenoids, including lutein andomega-3 oil, that relate to post-pandemic consumer trends.
- InJuly 2021, Wellness Coaches USA, LLC. expanded its capabilities in the digitalhealthcare sector following the strategic acquisition of Benovate, anext-generation digital health and wellness platform for the workplace. Itwould help the company to strengthen its position in the personalized nutritionmarket.
- InApril 2021, DSM acquired Hologram Sciences (company), a wonsumer-facing companythat will create brands that target various health conditions. The company willprovide a holistic approach to health by combining health diagnostics, digitalcoaching, and personalized nutrition. It would help the company to increase itspresence in the B2C personalized nutrition market.
Key Market Players
- AmwayCorporation
- SuperiorSupplements Inc
- Metagenics,Inc.
- Nutralliance,Inc.
- ArcherDaniels Midland Company (ADM)
- ViomeLife Sciences, Inc.
- DNAFitLife Sciences Ltd
- AbbottLaboratories Inc
- HerbalifeInternational of America, Inc.
- GXSciences, LLC
| By Ingredient | By Dosage Form | By End Use | By Region |
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