LONDON--(BUSINESS WIRE)--The global nutrigenomics market is expected to grow by USD 425.61 million during 2020-2024, progressing at a CAGR of over 11% during the forecast period. The growth of the market can be attributed to the increasing cost of medical treatment and the rising investments from the government and private stakeholders in the field of research. Furthermore, the rising number of health-conscious people will also drive the nutrigenomics market during the forecast period. Request a free sample report
Read the 139-page report with TOC on “Nutrigenomics market research report by Application (Obesity, Cardiovascular diseases, and Cancer research) and Geography (Asia, Europe, North America, and ROW), and the Segment Forecasts, 2020-2024.”
https://www.technavio.com/report/nutrigenomics-market-industry-analysis
Nutrigenomics Market Application Outlook (Revenue, USD Million, 2020-2024)
- Obesity
- Cardiovascular diseases
- Cancer research
Obesity was the largest nutrigenomics application segment during 2019 due to an increase in the number of high school graduates and adults who are obese. Increase in the number of people with obesity is driving many stakeholders to conduct nutrition programs that will assist people in adopting healthier eating habits. This is done with the help of nutrigenomics as it studies the effect of food and food constituents on gene expression. By acquiring knowledge in this area, one can understand the varying effect of nutrition on metabolic pathways and homeostatic control, which in turn, is used to prevent the development of chronic diet-related diseases such as obesity. These factors will drive the growth of obesity segment during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Nutrigenomics Market Regional Outlook (Revenue, USD Million, 2020-2024)
- Asia
- Europe
- North America
- ROW
North America was the largest geographic segment in 2019, followed by Europe, Asia, and ROW, respectively. North America is anticipated to contribute the largest nutrigenomics market share due to the increasing use of nutrigenomics for the prevention and treatment of chronic diseases through small but highly informed dietary changes. Furthermore, government bodies, especially dedicated to molecular biology research are making substantial investments in research, leading to an increase in the demand for nutrigenomics. All these factors will contribute to the dominance of the region throughout the forecast period.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Major Five Nutrigenomics Companies:
BASF SE
Genova Diagnostics Inc. is headquartered in Germany and operates the business under various segments such as Functional Materials and Solutions, Performance Products, Chemicals, Agricultural Solutions, and Other. The company offers Hepaxa, which is specifically designed to address the build-up of fat in the liver.
Cell-Logic
Cell-Logic is headquartered in Australia and offers products through the following business units: Functional foods, Nutraceuticals, and Educational products. The company offers ENDURACELL, which is offered in the form of nutraceutical-grade broccoli sprouts powder.
Danone
Danone is headquartered in France and operates under various business segments, namely EDP International, EDP NORAM, Specialized Nutrition, and Waters. The company offers FortiFit Pro, which is offered as a high protein medical nutrition food.
DSM
DSM is headquartered in the Netherlands and offers products through the following business segments: Nutrition, Materials, Innovation Center, and Corporate Activities. The company offers life’s DHA, which is offered as a vegetarian source of docosahexaenoic acid (DHA) omega-3.
Genova Diagnostics Inc.
Genova Diagnostics Inc. is headquartered in the US and offers products through the following business segments: Gastrointestinal/Immunology, Nutritional, Endocrinology, Environmental, and Genomics. The company offers NutrEval FMV, which is a comprehensive test for identifying nutritional deficiencies.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
