The nutrition technology platforms market size has grown rapidly in recent years, from $12.26 billion in 2023 to $14.5 billion in 2024 at a compound annual growth rate (CAGR) of 18.3%. This growth has been fueled by the rise of health-conscious consumers, increasing digitalization, a growing number of smartphone users, rising consumer incomes, and the influence of social media. The nutrition technology platforms market is anticipated to see substantial growth in the coming years, projected to reach $28.54 billion in 2028 at a CAGR of 18.4%. The forecast period growth will be driven by the growing adoption of telehealth services, advancements in nutrigenomics, the increasing use of blockchain for food traceability, a rising demand for AI-driven meal planning, and an increasing prevalence of chronic diseases. Major trends in this period include technological advancements, personalized nutrition, the integration of wearable technology, machine learning applications, and the use of augmented reality.
The increasing incidence of lifestyle-related diseases is expected to propel the nutrition technology platform market. Factors like sedentary lifestyles and poor diets contribute to these health issues, prompting the need for personalized dietary guidance. The American College of Cardiology reported that cardiovascular risk factors in the U.S. could rise significantly by 2060, with diabetes projected to increase to 55 million people. As a result, the rise in lifestyle-related diseases is driving the nutrition technology platform market.
Get A Free Sample Of The Nutrition Technology Platforms Market ReportThe nutrition technology platforms market covered in this report is segmented –
1) By Product Type: Active Measurement, Standard Measurement
2) By Application: Standard Supplements, Disease-Based
3) By End-User: Direct-To-consumer, Wellness And fitness centers, Hospitals And Clinics, Institutions
By Geography:The regions covered in the nutrition technology platforms market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the nutrition technology platforms market in 2023.
Nestlé Health Science, Viome, Zipongo, Lumen, Precision Nutrition, Lifesum, PlateJoy, InsideTracker, Heali AI, MyFitnessPal, FatSecret, Wellory, Cronometer, EatLove, Nutritics, BetterMeal AI, Foodvisor, Nutrino, SmartPlate, Nutrisoft, Nutritionix, Nutrium
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Nutrition technology platforms are digital tools, systems, or software solutions designed to enhance and support the understanding, delivery, and management of nutrition-related data and services. These platforms typically use technology to improve various aspects of nutrition, including dietary recommendations, food tracking, personalized nutrition plans, nutritional diagnostics, and more. They often integrate data from various sources, such as wearable devices, apps, genetic testing, and biomarkers, to provide personalized insights.
Nutrition Technology Platforms Global Market Report 2023 provides data on the global nutrition technology platforms market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The nutrition technology platforms market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.