North American personalized nutrition market is anticipated to grow considerably at a CAGR of 8.4% during the forecast period (2021-2027). The high awareness of personalized nutrition among consumers is a key factor driving the growth of the North American personalized nutrition market. Chronic diseases such as heart disease, cancer, diabetes, stroke, and arthritis have been on the rise, in recent times. 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 high demand for sports nutrition are some other factors contributing to the growth of the North American personalized nutrition market.
The report on North American 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 North American 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 North American personalized nutrition market.
Research Methodology
The market study of the North American 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 North America Personalized Nutrition Industry
• Recovery Scenario of North America Personalized Nutrition Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
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. North America 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. North America Personalized Nutrition Market, By Application
5.2.1. Standard Supplement
5.2.2. Diseased Based
5.2.3. Other (Sports Nutrition)
5.3. North America 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. North America
6.1.1. United States
6.1.2. Canada
7. Company Profiles
7.1. Amway Corp.
7.2. Bactolac Pharmaceutical, Inc.
7.3. Balchem Corp.
7.4. BASF SE
7.5. Baze Labs, Inc.
7.6. Biron Health Group
7.7. DayTwo Ltd.
7.8. DNAlysis Biotechnology
7.9. GX Sciences, Inc.
7.10. Habit Food Personalized LLC
7.11. Herbalife International Inc.
7.12. Metagenics, Inc.
7.13. Wellness Coaches USA, LLC
1. NORTH AMERICAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
2. NORTH AMERICAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2020-2027($ MILLION)
3. NORTH AMERICAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027($ MILLION)
4. NORTH AMERICAN PERSONALIZED NUTRITION MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
1. IMPACT OF COVID-19 ON NORTH AMERICA PERSONALIZED NUTRITION MARKET, 2020-2027($ MILLION)
2. IMPACT OF COVID-19 ON NORTH AMERICA PERSONALIZED NUTRITION MARKET BY SEGMENT, 2020-2027($ MILLION)
3. RECOVERY OF NORTH AMERICA PERSONALIZED NUTRITION MARKET, 2021-2027(%)
4. NORTH AMERICA PERSONALIZED NUTRITION MARKET SHARE BY PRODUCT TYPE, 2020 VS 2027(%)
5. NORTH AMERICA PERSONALIZED NUTRITION MARKET SHARE BY APPLICATION, 2020 VS 2027(%)
6. NORTH AMERICA PERSONALIZED NUTRITION MARKET SHARE BY END-USER, 2020 VS 2027(%)
7. US PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)
8. CANADA PERSONALIZED NUTRITION MARKET SIZE, 2020-2027($ MILLION)