The global digitalized DNA-based diet market size reached USD 361.3 million in 2021 and is expected to register a revenue CAGR of 19.6% during the forecast period, according to the latest analysis by Emergen Research. Growing health awareness among consumers along with rapid adoption of digital healthcare are key factors driving market revenue growth. Rapid technological advancements are implemented by major players for easy access to customized solutions such as health monitoring apps and online programs as well as offering more information to the consumer for healthy diet and lifestyle, prompting more preventative and proactive choices in diet according to one’s genetic profile markers.
Individuals react considerably differently to the same nutritional intake. As the prevalence of various medical disorders such as food intolerances, allergies, and metabolic illnesses grows, so does the demand for improved testing and diagnostic technologies such as biomarker analysis in blood, saliva, and urine, DNA sequencing, and microbiome analysis. Growing number of research for nutrigenomics owing to its involvement in the discovery of certain genes and markers during the initial stages of diet-related diseases. Furthermore, the establishment of organizations such as the International Society for Nutrigenetics/Nutrigenomics (ISNN), the European Academy of Nutritional Sciences, and European Nutrigenomics Organizations (NUGO) has resulted in increasing Research & Development (R&D) activities around nutrigenomics.
The Global Digitalized DNA Based Diet Market report brings into light key market dynamics of the sector. This intelligence report includes investigations based on Current scenarios, Historical records, and Future predictions. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, diagrams, graphs, pie charts, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.
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The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Major Players/Manufacturers profiled in the report are:
GX Sciences, LLC, Advanced Genomic Solutions (AGS) LLC, OME Health, Fitgenes, HelathCodes DNA, LLC, Mapmygenome, DSM, Viome Life Sciences, Inc., Habit LLC, DNANUTRICOACH, and DNAfit.
Historical data available in the report elaborates on the development of the Digitalized DNA Based Diet on national, regional and international levels. Digitalized DNA Based Diet market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis.
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Some Key Highlights
The services segment accounted for largest revenue share in 2021. Few of the major factors driving revenue growth of the market are increasing awareness regarding health issues and growing proactivity of consumers in addition to rising disposable income. Genetic testing as part of nutrition counseling provides valuable information for analyzing patients dietary needs and setting individualized health goals.
Health monitoring device is expected to register a significant growth rate over the forecast period owing to a rising number of health monitoring devices and the integration of AI for quick and efficient analysis thereby providing easy access to information. Rapid innovation and development in health monitoring apps, trackers, and biosensors is another factor supporting revenue growth of the segment.
The consumers segment accounted for largest revenue share in 2021. Increasing number of lifestyle-related diseases such as high blood pressure, diabetes, cancer, cholesterol, and heart disease among others, and quick analysis of an individual genetic nutrition profile is one of the major factors driving revenue growth of the segment.
Digitalized DNA-based diet market in North America is expected to register a significantly rapid revenue growth rate during the forecast period. Increased government funding and the presence of well-established healthcare facilities with state-of-the-art Research & Development (R&D) infrastructure by organizations such as the American Society for Nutrition (ASN) are major factors expected to drive revenue growth of the North American market. Rapid adoption of advanced technologies and innovative treatments as well as growing awareness about various health-related disorders among consumers are contributing to the revenue growth of the market in the region.
Emergen Research has segmented the global digitalized DNA-based diet market on the basis of product type, application model, end-use, and region:
Product Type Outlook (Revenue, USD Million; 2019-2030)
Solutions
Services
Application Model Outlook (Revenue, USD Million; 2019-2030)
Lab-based devices
Health monitoring devices
Others
End-Use Outlook (Revenue, USD Million; 2019-2030)
Wellness & fitness centers
Hospitals & clinics
Sports
Consumers
Others
Research Methodology
Using secondary sources such as company websites, annual reports, press releases, financial data, investor presentations, articles, news, white papers, certified publications, and government publishing sources as a starting point for the research methodology used to estimate and forecast the size of the Global Digitalized DNA Based Diet Market. In addition, the research takes into account vendor offers in order to categorise the market.
Using this data, the research then calculates the size of the global Digitalized DNA Based Diet market using a bottom-up approach. Primary research included thorough interviews with senior executives, chief executive officers, and directors, as well as vice presidents (VPs) and managers to determine the size of the market. These categories and sub-segments were then confirmed and validated by secondary research. Data triangulation processes are then used to complete the total market engineering process and arrive at precise statistics for all segments and sub-segments
Major Regions Covered in the Digitalized DNA Based Diet Market Report:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Key Reasons to Buy This Report:
The report presents a thorough examination of the Digitalized DNA Based Diet market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
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