Report ID: SQMIG35H2266
Report ID:
SQMIG35H2266 |
Region:
Global |
Published Date: November, 2024
Pages:
209
|
Tables:
87 |
Figures:
71
Nutrigenomics Market size was valued at USD 0.46 Billion in 2023 and is poised to grow from USD 0.54 Billion in 2024 to USD 2.01 Billion by 2032, growing at a CAGR of 0.178 during the forecast period (2025-2032).
In the next years, the growing incidence of chronic illnesses is expected to impact the growth of the global nutrigenomics market. Proteomics, genomics, and metabolomics have rapidly evolved over the past ten years, and when paired with sophisticated bioinformatics, they can be widely utilized to identify diseases based on protein pathways. Considering that nutrigenomics's results have been used in treating diseases like diabetes, cancer and obesity which get influenced by what we eat it has considerably enlarged global market size (ICL Group). Nutrigenomics is a study that deals with how food affects transcripts. Put differently, nutrigenomics offers a genetic understanding of how common dietary components manipulate an individual's genetic composition by changing how their genes are expressed or structured.
The market for nutrigenomics testing may be negatively impacted by government regulations pertaining to genetic research or testing. Adoption of new rules by federal, state or municipal governments makes genetic testing and research very hard. Such laws prohibit or restrict genetic testing for purposes such as clinical management or research and impede genetic research activity. Furthermore, when it comes to enacting legislation pertaining to direct-to-consumer (DTC) testing, countries tend to be highly uneven. Therefore, laws governing genetic research activities have a negative impact on the capacity to carry out R&D and present a significant obstacle for businesses looking to market and sell nutrigenomics testing-related goods and services.
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Report ID: SQMIG35H2266