The European personalized nutrition market is anticipated to grow at a CAGR of 9.4% during the forecast period (2021-2027). Amway Corp., Atlas Biomed Group Ltd., Balchem Corp., BASF SE, DNAlysis Biotechnology Ltd., Habit Food Personalized LLC, Herbalife Nutrition Ltd. and so on are the key players operating in the European personalized nutrition market. The adoption of different growth strategies such as mergers & acquisition, strategic partnership, collaboration, and production facility expansion by the key players to expand their market share across the region is a key factor driving the growth of the European personalized nutrition market.
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For instance, in March 2019, DSM has presented its consumer-driven customized innovation at Vitafoods Europe 2019. The success of this product is anticipated to make huge contribution to the revenue growth of the company’s nutritional products segment. In May 2021, personalized nutrition startup Zoe has raised $53 million in Series B round. The extra Series B funding will be used to accelerate the rollout of availability of the program, with a UK launch planned for this year and other geographies on the cards for 2022. Such type of market activities across the region is anticipated to promote the regional market growth.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Product Type
- By Application
- By End-User
Competitive Landscape- Amway Corp., Balchem Corp., BASF SE, Baze Labs, Inc., BiogeniQ Inc., DNAlysis Biotechnology, LLC
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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A full Report of European Personalized Nutrition Market is Available at: https://www.omrglobal.com/industry-reports/europe-personalized-nutrition-market
European Personalized Nutrition Market Report Segment
By Product Type
- Dietary Supplements & Nutraceuticals
- Functional Foods & Beverages
- Sports Nutrigenomics
- Digitized DNA
By Application
- Standard Supplement
- Diseased Based
- Other (Sports Nutrition)
- By End-User
- Direct-to-consumer
- Wellness & Fitness Centers
- Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
