Asia-Pacific personalized nutrition market is anticipated to grow considerably at a CAGR of 13.2% during the forecast period (2021-2027). The rising awareness of personalized nutrition among consumers is a key factor driving the growth of the Asia-Pacific personalized nutrition market. Chronic diseases such as heart disease, cancer, diabetes, stroke, and arthritis have been on the rise, in recent times. As per the International Diabetes Federation (IDF), around 250 million adults in the age range of 20-79 years were living with diabetes in the region in 2019. These numbers are further expected to rise over a certain period owing to the changing eating habits and more inclination towards unhealthy food diets.
The rise in the prevalence of chronic diseases prompts the need for nutraceuticals and other vital dietary supplements, which drives the regional growth of the market. Moreover, cohesive government initiatives to promote intake of personalized nutrition, growing disposable income, and growing demand for sports nutrition are some other factors contributing to the growth of the Asia-Pacific personalized nutrition market.
The report on Asia-Pacific personalized nutrition market covers segments including product type, application, and end-user. Based on product type, the market is segmented into dietary supplements & nutraceuticals, functional foods & beverages, sports nutrigenomics, and digitized DNA. Based on application, the market is segmented into standard supplement, diseased based, and other (sports nutrition). Based on end-user, the market is segmented into direct-to-consumers, wellness & fitness centers, others.
Some of the key players operating in the Asia-Pacific personalized nutrition market include Amway Corp., Balchem Corp., BASF SE, Baze Labs, Inc., BiogeniQ Inc., DNAlysis Biotechnology, LLC, GX Sciences, Inc., Herbalife International Inc.and so on. These players are focusing on development of new & innovative green chemicals suitable for multiple applications. Moreover, these players are also adopting different growth strategies such as mergers & acquisition, strategic partnership, collaboration, and production facility expansion to expand their market share in the Asia-Pacific personalized nutrition market.
Research Methodology
The market study of the Asia-Pacific personalized nutrition market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Asia-Pacific Personalized Nutrition Industry
• Recovery Scenario of Asia-Pacific Personalized Nutrition Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Country
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Asia-Pacific Personalized Nutrition Market, By Product Type
5.1.1. Dietary Supplements & Nutraceuticals
5.1.2. Functional Foods & Beverages
5.1.3. Sports Nutrigenomics
5.1.4. Digitized DNA
5.2. Asia-Pacific Personalized Nutrition Market, By Application
5.2.1. Standard Supplement
5.2.2. Diseased Based
5.2.3. Other (Sports Nutrition)
5.3. Asia-Pacific Personalized Nutrition Market, By End-User
5.3.1. Direct-to-consumers
5.3.2. Wellness & Fitness Centers
5.3.3. Others
6. Regional Analysis
6.1. Asia-Pacific
6.1.1. China
6.1.2. India
6.1.3. Japan
6.1.4. South Korea
6.1.5. Rest of Asia-Pacific
7. Company Profiles
7.1. Amway Corp.
7.2. Atlas Biomed Group Ltd.
7.3. Balchem Corp.
7.4. BASF SE
7.5. Herbalife Nutrition Ltd.
7.6. Zipongo DBA Foodsmart
7.7. Imagene Labs
7.8. Koninklijke DSM N.V.
7.9. Nestle SA
7.10. Nutritech Asia Ltd.
1. ASIA-PACIFIC PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
2. ASIA-PACIFIC PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027($ MILLION)
3. ASIA-PACIFIC PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
1. IMPACT OF COVID-19 ON ASIA-PACIFIC PERSONALIZED NUTRITION MARKET, 2020-2027($ MILLION)
2. IMPACT OF COVID-19 ON ASIA-PACIFIC PERSONALIZED NUTRITION MARKET BY SEGMENT, 2020-2027($ MILLION)
3. RECOVERY OF ASIA-PACIFIC PERSONALIZED NUTRITION MARKET, 2021-2027(%)
4. ASIA-PACIFIC PERSONALIZED NUTRITION MARKET SHARE BY PRODUCT TYPE, 2020 VS 2027(%)
5. ASIA-PACIFIC PERSONALIZED NUTRITION MARKET SHARE BY APPLICATION, 2020 VS 2027(%)
6. ASIA-PACIFIC PERSONALIZED NUTRITION MARKET SHARE BY END-USER, 2020 VS 2027(%)
7. INDIA PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
8. CHINA PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
9. JAPAN PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
10. SOUTH KOREA PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
11. REST OF ASIA-PACIFIC PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)