The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising prevalence of chronic diseases is likely to spur innovation in personalised nutrition production, propelling the market throughout the forecast period.

The global personalized nutrition market is expected to grow from $12.48 billion in 2022 to $14.41 billion in 2023 at a compound annual growth rate (CAGR) of 15.50%. The global personalized nutrition market size is expected to reach $25.37 billion in 2027 at a CAGR of 15.19%.

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Global Personalized Nutrition Market Segments Include:

• By Product Type: Personalized Supplements, Personalized Diet Plans, Personalized Beverages, Diseases Based
• By Form: Tablets, Capsules, Powder, Liquid, Other Forms
• By Measurement Method: Active Measurements, Standard Measurements
• By End User: Direct-To-Consumer, Wellness And Fitness Centers, Hospitals And Clinics, Institutions, Food Delivery Services
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global personalized nutrition market in 2021.

Major Market Players in the personalized nutrition market include BASF SE, Koninklijke DSM N.V., Herbalife Nutrition Ltd., Amway, DNAfit, Wellness Coaches USA LLC., Atlas Biomed Group Ltd., Persona Nutrition, Nutrigenomix Inc., Habit Food Personalized, LLC.

Product innovation is a crucial trend in the personalised nutrition market’s growth. To stay competitive in the personalised nutrition market, major players are focusing on modern technology such as artificial intelligence. For example, BhookhaHaathi, an Indian nutraceutical start-up, will introduce an AI-based personalised nutrition solution in April 2020. The Al examines a specific consumer’s profile, groups them with other consumers who have similar profiles, forecasts their health needs, and provides the necessary nutrients. The technology predicts the user’s current and future health status and makes personalised advice.

The Personalized Nutrition Global Market Report 2023 provides a personalized nutrition market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The personalized nutrition market forecast analyzes personalized nutrition market size, personalized nutrition market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Personalised nutrition is the process of developing a specific nutrition plan for an individual based on their genetic makeup, health history, and current health condition. A personalised nutrition strategy takes into account parameters such as age, gender, weight, and exercise level, as well as any unique health issues or illnesses that may require dietary treatment.

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