The personalized nutrition market was USD 11,142.4 million in 2022, and it will touch USD 33,658.5 million, advancing at a 14.8% CAGR, by 2030.
The growth of the industry is attributed to the increasing health consciousness, rising inclination toward active lifestyles among individuals, and surging number of businesses producing numerous tailored nutrition products, genetic testing kits, and apps.
The trend of offering personalized experiences is significantly rising with the shifting requirements of consumers. The need for customized nutrition solutions that utilized individual physical characteristics information to create nutritional advice, services, and products that suit their requirement is increasing continuously.
In 2022, the active measurement category, based on product type, held over 70% share of the industry, and it will propel at approximately 15% compound annual growth rate in the years to come.
The advancement in this category is because of the increasing customer consciousness regarding personalized test kits, mHealth apps, and diet plans.
Get More Insights: Personalized Nutrition Market Revenue Estimation and Growth Forecast Report
APAC is expected to observe the fastest growth in the years to come. This can be attributed to the increasing consciousness of health and the surging elderly population, along with the increasing incidence of chronic illnesses in the region.
With the increasing number of businesses producing customized nutrition products and apps, along with the surging inclination toward a healthy lifestyle, the personalized nutrition industry will continue to advance in the years to come.
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