As per the latest analysis by Reports and Data, the global for Personalized Nutrition & Multivitamins Market was valued at USD 9.09 Billion in 2021 and is projected to grow at a CAGR of 16.1% to reach USD 34.69 Billion by 2030. With the rise of customization, the way we consume food has significantly changed, and personalized nutrition has become increasingly popular as it aligns with individual health objectives. The personalized nutrition approach believes that personalized dietary changes or advice can improve health outcomes and lower the risk of health conditions such as obesity, type 2 diabetes, and heart disease. Some people want customized food to improve their hair, skin, and nails, while others want to follow a diet with the lowest possible environmental impact.

Genetic test kits, food labels, and interactive apps are some of the major tools that can be utilized to tailor diets according to individual requirements. The growing demand for personalized experiences, an increasing preference for healthier foods and fitness, the ability to track health data using wearable technology, and progress in personalized or precision medicines are some of the key factors fueling the growth of personalized nutrition services.

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Top Companies:

GLUCOVATION, INC., Nutrigenomix, BiogeniQ Inc., DNAfit, Pfizer, Inc., GSK plc, Herbalife International of America, Inc., Foodsmart, Inc., Atlas Biomed Group Limited, and Bactolac Pharmaceutical, Inc.

Key Trends of Personalized Nutrition & Multivitamins Market

·       Advancements in Nutrigenomics: Nutrigenomics is the study of how an individual's genetics influence their response to nutrients. Advances in genetic testing and analysis were enabling personalized nutrition plans based on a person's DNA, helping to identify genetic predispositions to certain health conditions and tailor diets accordingly.

·       Data Analytics and AI: AI and data analytics were being used to process vast amounts of data from individuals, such as their dietary habits, genetics, and health metrics, to generate personalized dietary recommendations. Machine learning algorithms were becoming more sophisticated in predicting optimal diets.

·       Wearable Technology Integration: Wearable devices and health tracking apps were increasingly being integrated into personalized nutrition plans. These devices could monitor various health parameters, such as activity levels, sleep quality, and heart rate, to provide real-time feedback and dietary suggestions.

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For the purpose of helping readers make profitable business decisions, the report is written with industry analysts, market segmentation, and data collection. In addition to providing detailed information on technical and product advances, this report also discusses market value, growth rates, and niche market segments in detail.

An analysis of the Personalized Nutrition & Multivitamins Market has been carried out by segmenting it into key regions and offering information on growth rates, market shares, current and emerging trends, production and consumption ratios, analysis of the industrial chain, demand and supply, imports and exports, revenue contributions, and the presence of key players in each region. To gain a better understanding of the regional spread of and progress of the Personalized Nutrition & Multivitamins Market, a country-by-country analysis of the market is provided in the report.

The global Personalized Nutrition & Multivitamins Market is segmented into:

·       North America (U.S.A., Canada, Mexico)

·       Europe (Italy, U.K., Germany, France, Rest of Europe)

·       Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

·       Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

·       Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Further market segmentation

Product Type Outlook (Revenue, USD Billion; 2019-2030)

• Supplements
• Multivitamins
• Herbals or botanicals
• Others

Application Outlook (Revenue, USD Billion; 2019-2030)

• Health monitoring device
• Laboratory-based devices
• Others

End-use Channel Outlook (Revenue, USD Billion; 2019-2030)

• Consumers
• Sports
• Medical

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