InsightAce Analytic Pvt. Ltd: Digital Personalized Nutrition Market 2024 Exclusive Report with Accurate Forecasts to 2031

JERSEY CITY, N.J., May 15, 2024 /PRNewswire/ — InsightAce Analytic Pvt. Ltd. announces the release of its market assessment report. ”Global digital personalized nutrition market – (by purchase model (subscription, one-time purchase), by end user (direct-to-consumer, wellness & fitness center, hospital & clinic, facility), by application (generic health & fitness, disease-based, sports nutrition)) Trends, industry competitive analysis, revenue, and forecasts to 2031.

According to the latest research by InsightAce Analytic: Global digital personalized nutrition market is rated at US$579.5 million in 2023is expected to reach 1,932.79 million USD by 2031, with CAGR 16.5% Between Forecast period 2024-2031.

Digital personalized nutrition refers to the practice of using electronic resources to create a unique plan tailored to each person’s dietary and nutritional needs. The global digital personalized nutrition market is expected to expand significantly in the coming years due to technological advancements. Biomarker analysis, microbiome analysis, and DNA sequencing in saliva, blood, and urine are all examples of diagnostic tools shaped by advances in these technologies. The expansion of wearable health trackers, smart wristbands, and patches is also contributing to the expansion of the digital personalized nutrition industry.

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Additionally, new digital technology innovations now allow users to easily access nutrition-related information, particularly regarding allergies, intolerances, and metabolic diseases. Increasing customer awareness is driving the need for digitally personalized nutrition plans.

Additionally, the number of people suffering from long-term health issues is increasing, and food plays an important role in both treatment and prevention, further propelling this industry. Additionally, the fitness and wellness industry is growing, fueled by customers willing to pay for products and services that improve their health, and digital platforms are growing and markets are expanding.

List of prominent players in the Digital Personalized Nutrition market:

• nutrigenomics
• Day 2
• circle dna
• ancestor
• Segterra
• Persona
• biogenic
• Bayesian
• routine
• Healthify Me
• calligenicyx
• geno palette
• habitual food
• personalized
• level
• culina health
• Shilka
• life sum
• hood visor
• Nutrium
• 23 and me
• Vyome
• Noom
• atlas biomed
• other market participants

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Scope of the Digital Personalized Nutrition Market Report:

Market dynamics:

driver–

The growing popularity of digital personalized nutrition and technological advances are key factors expected to be driven by digital health programs, with increasing public participation in emerging countries due to factors such as the prevalence of mobile devices. Masu.

As people’s discretionary income increases, they are able to upgrade their mobile devices to smartphones, driving the growth of the digital personalized nutrition industry. The digital personalized nutrition industry is being driven by the increasing number of people who own smartphones, which will allow them to easily access these services.

assignment:

Rapidly changing technology and data privacy concerns are projected to be challenges hampering the market growth. Due to the high sensitivity of data and the way it is handled by healthcare providers, the digital customized nutrition industry faces serious threats to data security and privacy. The Platform is subject to intrusions and security breaches that may ultimately compromise the security and effectiveness of the Services provided. These platforms include connected medical devices, smartphones, tablets, and remote monitoring systems.

The rise of internet-connected wearable medical devices has raised concerns about the potential for unauthorized entry of sensitive patient information, hindering market growth in the coming years.

Regional trends:

The North American digital personalized nutrition market is expected to register a significant market share in terms of revenue. It is predicted to grow at a high CAGR in the near future due to increasing health awareness and the spread of nutritious products and services.

The use of digital personalized nutrition systems by consumers and health and fitness providers is driven by consumer expectations for better health and cutting-edge technology, which is expected to grow the digital personalized nutrition market in the region. Furthermore, Europe accounts for a significant share in the digital personalized nutrition market due to changes in eating habits and lifestyles, and increasing knowledge about the need for a balanced diet, leading to the rise in the number of digital personalized nutrition programs in the region. The need is growing.

Recent developments:

• In November 2023, Viome Life Sciences recently acquired Naring Health, a digital health and wellness company that provides personalized clinical and molecular data to enable informed decision-making. Viome has acquired DiscernDX, a company that provides comprehensive early disease detection, health monitoring, and personalized care for individuals. We also acquired Foodome, a company that analyzes all bioactive compounds in food and uses network science to explore relationships between diet, genetic pathways, and disease. These acquisitions were made under the Naring Health umbrella.

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Segmentation of the digital personalized nutrition market –

By purchase model-

• subscription
• One-time purchase

By end user –

• direct consumer
• Wellness & Fitness Center
• hospitals and clinics
• institution

By application-

• general health and fitness
• based on disease
• sports nutrition

By region-

North America-

Europe-

• Germany
• England
• France
• Italy
• Spain
• rest of europe

Asia Pacific region-

• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

latin america-

• Brazil
• Argentina
• Rest of Latin America

Middle East and Africa –

• GCC countries
• South Africa
• rest of the Middle East and Africa

Reasons to purchase this report:

• Receive a comprehensive analysis of the global Digital Personalized Nutrition market outlook
• Receive an industry overview and future trends of the global Digital Personalized Nutrition Market
• Analyzing the drivers and challenges of the digital personalized nutrition market
• To get information about Digital Personalized Nutrition Market Size (USD Million) Forecast to 2031
• Major investments, mergers and acquisitions in the global digital personalized nutrition industry

Other related reports published by InsightAce Analytic:

Next generation personalized nutrition market

Gut health testing and nutrition market based on human microbiome

Customized probiotics market

low calorie food market

About us:

InsightAce Analytic is a market research and consulting firm that helps clients make strategic decisions. Our qualitative and quantitative market intelligence solutions inform your need for market and competitive intelligence to grow your business. We help our clients gain competitive advantage by identifying untapped markets, exploring new competitive technologies, segmenting potential markets, and repositioning products. Our expertise lies in providing syndicated and custom market intelligence reports with in-depth analysis including key market insights in a timely and cost-effective manner.

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