You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

DUBLIN--(BUSINESS WIRE)--The "Personalized Nutrition Market Size, Share & Analysis, By Type, By Application, And By Channel, Forecasts To 2027" report has been added to ResearchAndMarkets.com's offering. The Global Personalized Nutrition Market size is estimated to reach USD 16.6 Billion from USD 3.7 Billion in 2019, delivering a CAGR of 13.6% through 2027. The market growth is driven by rising health awareness, a paradigm shift towards a personalized approach towards nutrition, and growing demand for customized diet plans specific to personal requirements. The growing prevalence of lifestyle diseases, expansion of the geriatric population base, and growing awareness regarding the health benefits of diet modification are propelling market growth. A personalized nutrition approach is based on nutrition advice for making dietary changes in order to improve health, along with lowering the risk of conditions like type 2 diabetes, heart diseases, and obesity. With the rapid urbanization, the lifestyle of the common man is changing and becoming more sedentary. Consumers are relying heavily on ready-to-eat food, which is leading to hampered nutrition. However, the growing health awareness among consumers is leading to increased consumption of dietary supplements. For instance, A Consumer Survey on Dietary Supplements in 2017 estimated that 76% of U.S. adults take dietary supplements. A similar trend is poised to bolster personalized nutrition market growth through 2027. The ongoing breakthroughs and growth in personalized nutrition are resulting in a greater appreciation for healthier foods and better fitness, increased demand for customized health experiences, and a high adoption rate of wearable solutions to track health data on a daily basis. The increasing consumer inclination towards science-based and data-driven nutritional solutions tailored to reach specific health goals is likely to foster personalized nutrition market share through 2027. Further key findings from the report suggest Key Topics Covered: Chapter 1. Market Synopsis Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Indicative Metrics Chapter 4. Personalized nutrition Market Segmentation & Impact Analysis 4.1. Personalized nutrition Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Change in consumer preference due to rising aging population 4.2.2.2. The growing trend towards digital healthcare 4.2.3. Market restraints analysis 4.2.3.1. High Cost associated with Dietary Supplements and Nutrition Plans 4.3. Technological Insights 4.4. Regulatory Framework 4.5. ETOP Analysis 4.6. Porter's Five Forces Analysis 4.7. Competitive Metric Space Analysis 4.8. Price trend Analysis 4.9. Customer Mapping 4.10. Covid-19 Impact Analysis 4.11. Global Recession Influence Chapter 5. Personalized nutrition Market By Type Insights & Trends 5.1. Type Dynamics & Market Share, 2019 & 2027 5.2. Nutrition 5.2.1. Market estimates and forecast, 2017 - 2027 (USD Billion) 5.2.2. Market estimates and forecast, By Region, 2017 - 2027 (USD Billion) 5.2.3. Active measurement tools 5.2.4. Services Chapter 6. Personalized nutrition Market By Channel Insights & Trends 6.1. Channel Dynamics & Market Share, 2019 & 2027 6.2. Direct to consumer 6.3. Wellness & Fitness Centres 6.4. Hospitals & Clinics Chapter 7. Personalized nutrition Market By Application Insights & Trends 7.1. Application Dynamics & Market Share, 2019 & 2027 7.2. General Health 7.3. Medical 7.4. Sports Chapter 8. Personalized nutrition Market Regional Outlook Chapter 9. Competitive Landscape 9.1. Market Revenue Share By Manufacturers 9.2. Manufacturing Cost Breakdown Analysis 9.3. Mergers & Acquisitions 9.4. Market positioning 9.5. Strategy Benchmarking 9.6. Vendor Landscape Chapter 10. Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/c7pogw

Answer: $16.6 Billion Personalized Nutrition Market - Global Size, Share & Analysis by Type, Application, Channel Forecasts to 2027 - ResearchAndMarkets.com