Increasing Innovations and Advancements in Technologies Presents Opportunities
, 2022-12-19 11:00:00,
DUBLIN, Dec. 19, 2022 /PRNewswire/ — The “Personalized Nutrition Market by Product Type (Active Measurement and Standard Measurement), Application, End Use (Direct-to-Consumer, Wellness & Fitness Centers, Hospitals & Clinics, and Institutions), Form and Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
The global personalized nutrition market size is estimated to be valued at USD 11.3 Billion in 2022. It is projected to reach USD 23.3 Billion by 2027, recording a CAGR of 15.5%, in terms of value.
By product type, active measurement is projected to account for the largest market share during the forecast period
Based on product type, the active measurement segment is projected to account for the largest share of the market during the forecast period. Rising health concerns have encouraged people to adapt to personalized and specific diets, such as keto, paleo, and plant-based diets, which are projected to drive the demand for personalized nutrition programs. Moreover, changing lifestyle patterns have led adults to use apps for personalized nutrition. These factors are projected to drive the demand for active measurement tools in the personalized nutrition market.
By application, the standard supplements segment is forecasted to account for the largest market share during the review period
Shifting consumer demands are encouraging health-enriching choices, which provide an opportunity to develop personalized…
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