Nutrigenomics Testing Market Future Challenges and Industry Growth Outlook by 2020-2025
Category: #business  By Ronak Bora  Date: 2021-03-31
  • share
  • Twitter
  • Facebook
  • LinkedIn

Nutrigenomics Testing Market Future Challenges and Industry Growth Outlook by 2020-2025

Nutrigenomics Testing Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Global nutrigenomics testing market is poised to gain massive traction over the forecast time frame of 2019 to 2025. This can be credited to rising incidences of chronic disorders such as diabetes and cardiovascular diseases. Moreover, factors such as increasing rate of obesity across the globe as well as growing significance of genetic testing for personalized healthcare are likely to fuel the demand for nutrigenomics testing.

Request for a sample copy of this report @ https://www.decresearch.com/request-sample/detail/4294

These factors have urged the industry players to provide enhanced solutions for improving the customer experience. For instance, in 2018, Pathway OME announced its partnership with Standard Process Inc with an intent of providing personal healthcare and wellness solutions to its huge consumer base. According to the company, this strategic initiative will enable health practitioners to design personalized wellness plans by combining SkinFIT and FIT genetic test kits by Pathway OME and nutrition products by Standard Process.

Genetic results generated by these test kits offer personalized, evidence-based information and product suggestions, helping individuals to adjust their lifestyle, habits, diet and activities to enhance overall quality of their life.

According to GMI report, nutrigenomics testing market size is projected to surpass USD 800 million by 2025.

Technological breakthroughs in genomics and molecular biology are expected to open new growth avenues for nutrigenomics testing market. Nutrigenomics testing enables diagnosis of effects of food on an individual's body, which in turn helps in preventing occurrence of diseases such as diabetes, obesity and cancer. Technologically enhanced nutrigenomic panels allow nutritionists to understand the health condition of an individual and suggest appropriate diet plan and exercises for disease management.

Diabetes segment had marked a notable growth in 2018 by registering a valuation of over USD 70 million and is expected to witness similar growth over the forecast period. This can be credited to the vital role of nutrigenetics testing in diabetes management and care. Nutritional genomics testing provides wide understanding of patterns related to genetic variations, gene diet phenotype interactions and epigenetic modifications. Moreover, it also offers useful insights into earlier molecular events occurred in diabetes which is beneficial in preventing further complexities associated with the disease.

Hospitals & clinics segment is projected to register a CAGR of 10.5% over the forecast timeframe, as large number of patients with chronic disorders prefer to get their treatment from these healthcare facilities. Moreover, several doctors recommend nutrigenetic tests to their patients for chronic disease management which is another pivotal factor for segment growth. Considering the rising demand for nutrigenomics testing across the segment, manufacturers in the industry are emphasizing on developing and commercializing improved testing kits which will positively influence the segment outlook over the coming years.

Japan nutrigenomics testing industry had secured a significant revenue share of 35% of Asia Pacific market in 2018 and is estimated to observe a notable growth over the upcoming years. This can be attributed to certain prominent factors such as rising consumer inclination towards personalized diet and growing prevalence of chronic diseases in the country. Besides, several initiatives taken by the industry players for delivering enhanced nutrigenomics tests along with the establishment of new startups will provide considerable business expansion.

Major industry players operating in nutrigenomics testing market such as Sanger Genomics, Metagenics, Gene Box, CURA INTEGRATIVE MEDICINE, Pathway Genomics, Orig3n, Holistic Heal, Salugen, Nutrigenomix, Xcode Life, NutraGene and GX Sciences are focused on implementing various strategic initiatives such as R&D activities, new product launch, mergers and acquisitions in order to gain a competitive edge in the market.

Browse full table of contents (TOC) of this report @ https://www.decresearch.com/toc/detail/nutrigenomics-testing-market

Partial Chapter of the Table of Content 

Chapter 4. Nutrigenomics Testing Market, By Application

4.1. Key segment trends

4.2. Diabetes

4.2.1. Market size, by region, 2014-2025 (USD Million)

4.3. Obesity

4.3.1. Market size, by region, 2014-2025 (USD Million)

4.4. Cardiovascular Diseases

4.4.1. Market size, by region, 2014-2025 (USD Million)

4.5. Cancer

4.5.1. Market size, by region, 2014-2025 (USD Million)

4.6. Others

4.6.1. Market size, by region, 2014-2025 (USD Million)

Chapter 5. Nutrigenomics Testing Market, By Distribution Channel

5.1. Key segment trends

5.2. Hospital & Clinics

5.2.1. Market size, by region, 2014-2025 (USD Million)

5.3. Online Platform

5.3.1. Market size, by region, 2014-2025 (USD Million)

5.4. Others

5.4.1. Market size, by region, 2014-2025 (USD Million)

About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

Read More>>

More News By Ronak Bora

RF Components Market share 2021 - Industry Growth Analysis to 2027
RF Components Market share 2021 - Industry Growth Analysis to 2027
By Ronak Bora

A detailed analysis of the RF components market is entailed in this research report. The driving for...

Flexible Display Market Size 2021 - Industry Trends Report to 2027
Flexible Display Market Size 2021 - Industry Trends Report to 2027
By Ronak Bora

An inherent blend of vital market definitions, the flexible display market report comprises details ...

Digital BSS Market Size 2021 | Global Industry Statistics Analysis 2027
Digital BSS Market Size 2021 | Global Industry Statistics Analysis 2027
By Ronak Bora

A detailed synopsis of the digital BSS market has been presented in this research report. The synops...