Dublin, May 29, 2023 (GLOBE NEWSWIRE) -- The "Global Nutrigenomics Market (2023-2028) by Product, Applications, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Nutrigenomics Market is estimated to be USD 607.94 Mn in 2023 and is expected to reach USD 1318.13 Mn by 2028, growing at a CAGR of 16.74%.
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.
There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Nutrigenomics Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Nutrigenomics Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Nutrigenomics Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Market Dynamics
Drivers
- Changing Lifestyle and Increase in Obese and Diabetic Population
- Increasing Applications in Dermatology
- Increase in Personalized Nutrition and Evaluation of Food Safety
Restraints
- High Cost of Treatment
Opportunities
- Increasing Applications in Dermatology
- Advancements in Diagnostic Methods and Technology
Challenges
- Lack of Proven Results for Nutrigenomics Study Support
Market Segmentation
The Global Nutrigenomics Market is segmented based on Product, Applications, and Geography.
- By Product, the market is classified into Reagents & Kits, and Services.
- By Applications, the market is classified into Cancer, Cardiovascular Diseases, and Obesity.
- By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.
Companies Mentioned
- 1health.io, Inc.
- 23andMe Inc.
- BASF SE
- Becton, Dickinson & Company
- Danone Group
- F. Hoffmann-La Roche Ltd.
- GeneSmart Biotech Corp.
- Genova Diagnostics
- Gini Health Pvt. Ltd.
- Hologic, Inc.
- Koninklijke DSM N.V.
- Merck KGaA
- Metagenics
- Nutrigenomix
- PerkinElmer, Inc.
- Polysciences, Inc.
- QIAGEN GmbH
- Sysmex Corp.
- Takara Bio, Inc.
- Thermo Fisher Scientific, Inc.
- Unilever PLC
- Xcode Life Sciences Pvt. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/ebh29b
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