Nutrigenomics Market 2017 Global Industry Outlook, Demand, Key Manufacturers and 2023 Forecast
Oct 16, 2017
Global Nutrigenomics Market estimated to reach around USD xx billion by 2023. It is projected to grow at a CAGR xx% from 2017 to 2023. This market is categorized by product, application, and technique.
October 16, 2017 /MarketersMedia/ —
On the basis of application, the market is fragmented into obesity, diabetes, anti-aging, chronic diseases, and others. Surge in obese and diabetic population are the key growth factors of the market. According to International Diabetes Federation (IDF), more than 400 million adults were diabetic and is anticipated to reach upto 640 million by 2040. Around 75% of diabetic population reside in low- and middle-income countries. On the other hand, as per WHO, in 2014, more than 1.9 billion people were overweight of which 600 million people were obese.
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This number is further expected to rise owing to poor dietary patterns that involve high sugar and fat content especially in the low- and middle-income countries. Thus, in order to prevent and manage these diseases, dietary patterns and nutrients play a vital role which in turn is projected to fuel nutrigenomics market growth.
Complete report on Nutrigenomics Market spread across 121 pages, profiling 07 companies and supported with 191 tables and figures. Inquire for more at https://www.orianresearch.com/enquiry-before-buying/396040
Advancements in the field of genomics, bioinformatics, proteomics, computational biology, and metabolomics impose a positive impact on the nutrigenimocs market. Furthermore, increasing healthcare expenditure, technological advancements, and increasing government funding for research and development activities are further supporting market growth. However, low awareness in developing and underdeveloped countries, lack of skilled personnel, and high cost of the treatment restrains market growth.
Major players in nutrigenomics are Wellgen Inc., Metagenics, Inc, Genomix Nutrition, Inc., Nutrigenomix, Nutragene, Xcode Life Sciences Pvt. Ltd., Cura Integrative Medicine and Genova Diagnostics.
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Key benefit of this report:
*This report provides current market trends and future growth expectations
*This report examines the market size and changing competitive dynamics
*It covers information regarding key drivers, challenges or restraining market growth
*It provides an six-year forecast assessed on the basis market value chain, Porter's five forces, and supply chain management
*Market factor analysis delivers treasured information regarding the possible purchasers and suppliers and understanding the stakeholders involved
*This report incorporates data regarding companies and business decision by having complete insights on the markets and by creating in depth analysis of market segments
Target Audience:
*Government and research organizations
*Raw material suppliers and distributors
*Product manufacturers, distributors, and dealers
*Research and consulting firms
*Medical research laboratories & academic institutions
*Potential investors
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