The global personalized nutrition market size is projected to grow from USD 8.2 billion in 2020 to USD 16.4 billion by 2025, recording a compound annual growth rate (CAGR) of 15.0% during the forecast period. The increasing trend of personalization for health-related solutions and the shifting consumer preferences due to the rising health awareness across regions are some of the major factors that are projected to drive the growth of the personalized nutrition market. In addition, the increasing trend of adopting digital and preventive healthcare solutions are a few other key factors that are projected to drive the market growth.
The active measurement segment is estimated to account for the largest share in 2019 in the market.
Active measurement tools include apps, testing kits, and programs. These usually give a more accurate and customizable nutrient profile based on an individual’s requirements. Therefore, the active measurement segment is projected to record the fastest growth in the market due to the increasing adaptability and acceptance in the market.
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The standard supplements segment is projected to account for the largest share during the forecast period.
By application, the standard supplements segment is projected to account for a larger market share, followed by the disease-based segment. The changing preferences and rising awareness about the overall health of individuals have led to an increase in the number of people opting for standard supplements. People are increasingly becoming aware of deficiencies and nutrient requirements, which is a key factor that is projected to drive the demand for standard supplements.
North America is projected to account for the largest share in the personalized nutrition market during the forecast period.
The North American market accounted for the largest share in 2019. The growth of the market in this region is majorly driven by the rising awareness among consumers about their health. Key players offering personalized nutrition are present in this region, which is also projected to contribute to the growth of the market. The region is witnessing an increase in the number of obesity rates. Besides, hectic and busier lifestyles have encouraged consumers to opt for specialized dietary supplements that are tailored to their specific requirements. Furthermore, the rise in income of consumers in the region will also contribute to their increased buying power, which, in turn, will encourage them to opt for personalized diets as per their preferences.
Some of the major players present in the personalized nutrition market include BASF SE (Germany), DSM (Netherlands), Persona (US), Amway (US), Herbalife Nutrition (US), Atlas Biomed Group Limited (UK), Zipongo (US), Wellness Coaches (US), Care/of (US), Habit Food Personalized (US), and Nutrigenomix (Canada). Joint agreements, investments, collaborations, and new product launches are some of the dominant strategies that are adopted by major players to strengthen their presence in the personalized nutrition market. These strategies have helped companies to expand their product offerings for personalized nutrition, and are projected to drive the market growth.
BASF (Germany) operates through six segments, namely, chemicals, materials, industrial solutions, surface technologies, nutrition and care, and agricultural solutions, serving various industries across the world, such as automotive, agriculture, pharmaceuticals, textiles, electronics, personal care and hygiene, nutrition, and energy and resources. Its nutrition and care segment includes care chemicals, nutrition, and health business units. The company offers dietary supplement ingredients as a part of personalized nutrition and a range of products for human nutrition under its nutrition and care business segment. BASF entered in an agreement with Xerion Limited (Australia) to encourage advancements in personalized nutrition in Asia Pacific. This agreement is regarding PUFAcoat fatty acids profiling kits. The company also undertook an alliance with By-Health (China), which is a nutritional supplement company that promotes the concept of personalized nutrition in China. It operates in more than 90 countries with nearly 355 production sites and six Verbund sites across regions, such as Europe, the Americas, Asia, Australia, and Africa.
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DSM is based in the Netherlands and is involved in the manufacturing of nutritional products, pharmaceutical ingredients, and industrial chemicals. Its business areas are segmented into nutrition, materials, and innovation center. They are actively providing solutions in the fields of nutrition and health. The company offers personalized nutrition products under its DSM human nutrition and health segment. It offers vitamins, carotenoids, digestive enzymes, nutraceuticals, probiotics and prebiotics, and customized solutions, including personalized nutrition solutions. It serves various industries, such as the dietary supplements, infant nutrition, food & beverages, pharmaceuticals, and personal care industries. The company has undertaken inorganic growth strategies in the industry. It operates globally and has its presence in over 50 countries, including the UK, the Netherlands, Germany, US, Luxembourg, Belgium, France, and Switzerland among others.
Moisture Analyzer Market ShareThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Moisture Analyzer Market Share.
The growth sectors of the Moisture Analyzer Market Share are identified with precision for a better growth perspective.As per a detailed analysis by Market Research Future (MRFR), the global moisture analyzer market is anticipated to garner USD 1.5 billion, registering a CAGR of 3.53% during the forecast period (2018-2023).FREE PDF@ https://www.marketresearchfuture.com/sample_request/7440The surging demand for in-line moisture analyzers is anticipated to favor the market growth across the globe.
Moisture analyzer finds application in pharmaceuticals, semiconductor, beverage, and others.Market Potential and PitfallsThe moisture analyzer market has witnessed a tectonic surge in the past few years due to factors like rising process automation, especially in the developing economies.
The advancing technologies in heat-based moisture analyzing and surging demand for in-line moisture analyzers are some of the other top factors encouraging the market growth over the years.
Moreover, the rising awareness for maintenance and protection of the industrial devices for improved efficiency are fueling the market growth during the review period.
On the contrary, the dearth of skilled staff for developing and operating moisture analyzers is considered to restrict the growth of the market across the globe.
The global used cooking oil market size is expected to reach USD 9.55 billion by 2028 according to a new study by Polaris Market Research.
Increasing urbanization and industrialization coupled with growing demand for biofuels majorly drives the UCO industry growth.
The increasing population, and rising awareness regarding use of renewable resources further support the growth of this market.
Get sample copy of this report @ https://www.polarismarketresearch.com/industry-analysis/used-cooking-oil-uco-market/request-for-sample The growth in the global food & beverage industry and a significant increase in restaurants and food outlets also accelerate the development of the used cooking oil industry.
Increasing use as additive in animal feed, rising focus on improving animal health, accelerating demand from emerging countries, and growing initiatives to promote sustainable energy sources are expected to provide growth opportunities in the used cooking oil industry during the forecast period.
Biodiesel dominated the industry in 2020 and is expected to maintain its dominance over the forecast period owing to the wide usage of UCO in the creation of fuels and UCO is more readily available and less expensive than vegetable fats, which enables biodiesel producers to use it as a key input in biodiesel manufacturing.
The global kombucha market is expected to experience significant growth throughout the forecast period from 2015 to 2021.
The kombucha market is segmented into by type of microorganisms used in its manufacturing, by flavors and by geography.
Based on flavor type, the market is bifurcated into citrus, herbs & spices, berries, coconut & mangoes, apple, flowers among others.
Geographically, kombucha market is segmented into North America, Europe, Asia Pacific and Rest of the World.
Request A Sample- https://www.transparencymarketresearch.com/sample/sample.php?flag=S_id=8476There are several new domestic and international companies manufacturing kombucha.
In addition, numerous established beverage brands are trying to enter into this market.
