Personalized Retail Nutrition & Wellness Market worth $29.70 billion by 2030, growing at a CAGR of 14.79% - Exclusive Report by 360iResearch

The "Personalized Retail Nutrition & Wellness Market by Ingredient (Amino Acids, Carotenoids, Dietary Fibers), Type (Dietary Supplements & Nutraceuticals, Functional Foods, Traditional Botanicals), Recommendation, Form, Application, Distribution - Global Forecast 2023-2030" report has been added to 360iResearch.com's offering.

The Global Personalized Retail Nutrition & Wellness Market to grow from USD 9.84 billion in 2022 to USD 29.70 billion by 2030, at a CAGR of 14.79%.

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Personalized retail nutrition & wellness is an emerging sector within the retail space that aims to tailor nutritional and health products and services to individual consumer needs. Leveraging data analytics, genomics, and health technology, this approach customizes recommendations for dietary supplements, functional foods, fitness plans, and wellness programs. Growing health awareness, the prevalence of lifestyle diseases, and consumer demand for tailor-made products contribute to its growing use. However, concerns about the privacy and security of personal health data and the cost of personalized services impact their adoption among individuals. Industry players can invest in secure data protection measures, offer tiered pricing for broader accessibility, and advocate for a more holistic approach to public health to address these restraints. The developments in AI and machine learning are expected to further refine the customization of retail nutrition & wellness. The integration of wearable technology and real-time health monitoring will likely enhance personalized product offerings. Furthermore, partnerships between personalized nutrition companies and larger retail and healthcare organizations can broaden the reach and efficacy of personalized wellness programs, potentially transforming the landscape of preventative healthcare and consumer products.

In the Americas, personalized retail nutrition and wellness have seen substantial growth, particularly in North America, due to heightened consumer awareness and technological advancements. The presence of major companies and startups in this space spurs significant production, innovation, and stiff competition. Companies in the Americas often focus on direct-to-consumer models with advanced data analytics to tailor individual wellness programs. The use of personalized nutrition in APAC is increasing as consumers begin to recognize the benefits of tailored nutrition, supported by rising incomes and a growing middle class. Production in the region is bolstered by investments in biotechnology and local manufacturing, aiming to bridge traditional holistic wellness approaches with modern personalization techniques. The EMEA region shows a more regulated approach to the use and production of personalized nutrition and wellness products. The use in EMEA benefits from a generally higher level of consumer trust in medical-grade products and services, reflecting a preference for evidence-based personalization, often supported by partnerships with healthcare providers. Production must adhere to stringent EU regulations, ensuring high safety and quality standards. Companies in EMEA typically focus on incremental innovation and scientific research to differentiate their products, while strategic collaborations and data protection compliance are key in this diverse market.

Market Segmentation & Coverage:

This research report categorizes the Personalized Retail Nutrition & Wellness Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Ingredient, market is studied across Amino Acids, Carotenoids, Dietary Fibers, Enzymes, Fatty Acids, Minerals, Prebiotics & Probiotics, Proteins, and Vitamins. The Proteins commanded largest market share of 16.21% in 2022, followed by Dietary Fibers.

Based on Type, market is studied across Dietary Supplements & Nutraceuticals, Functional Foods, and Traditional Botanicals. The Dietary Supplements & Nutraceuticals commanded largest market share of 46.14% in 2022, followed by Traditional Botanicals.

Based on Recommendation, market is studied across Continuous Recommendation, Fixed Recommendation, and Repeat Recommendation. The Continuous Recommendation commanded largest market share of 42.50% in 2022, followed by Fixed Recommendation.

Based on Form, market is studied across Capsule, Liquide, Powder, and Tablet. The Capsule commanded largest market share of 26.54% in 2022, followed by Powder.

Based on Application, market is studied across Children, Female, and Male. The Female commanded largest market share of 32.24% in 2022, followed by Male.

Based on Distribution, market is studied across Direct-to-Consumer, Hospitals & Clinics, Institutions, Pharmacies, and Wellness & Fitness Centers. The Pharmacies commanded largest market share of 34.21% in 2022, followed by Hospitals & Clinics.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.12% in 2022, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Personalized Retail Nutrition & Wellness Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Personalized Retail Nutrition & Wellness Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Personalized Retail Nutrition & Wellness Market, highlighting leading vendors and their innovative profiles. These include Advanced Orthomolecular Research, Amway Corporation, Archer Daniels Midland Company, Bactolac Pharmaceuticals, Inc., BASF SE, Bayer AG, Cargill, Incorporated, Danone S.A., Dymatize Enterprises LLC, E.I.D. - Parry (India) Limited, FANCL Corporation, General Mills, Inc., Glanbia PLC, GlaxoSmithKline PLC, Herbalife International of America, Inc., Himalaya Wellness Company, Innophos Holdings, Inc., International Flavors & Fragrances Inc., Koninklijke DSM N.V., Mars, Incorporated, Matsun Nutrition, Nestlé S.A., Nutraceutical International Corporation, Oriflame Holding AG, Otsuka Holdings Co. Ltd., Pfizer, Inc., Prenetics Global Limited, Reckitt Benckiser Group PLC, Savor Health, Suntory Holdings Limited, The Amino Company, LLC, The Procter & Gamble Company, and Viome Life Sciences, Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Personalized Retail Nutrition & Wellness Market, by Ingredient
7. Personalized Retail Nutrition & Wellness Market, by Type
8. Personalized Retail Nutrition & Wellness Market, by Recommendation
9. Personalized Retail Nutrition & Wellness Market, by Form
10. Personalized Retail Nutrition & Wellness Market, by Application
11. Personalized Retail Nutrition & Wellness Market, by Distribution
12. Americas Personalized Retail Nutrition & Wellness Market
13. Asia-Pacific Personalized Retail Nutrition & Wellness Market
14. Europe, Middle East & Africa Personalized Retail Nutrition & Wellness Market
15. Competitive Landscape
16. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Personalized Retail Nutrition & Wellness Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Personalized Retail Nutrition & Wellness Market?
3. What is the competitive strategic window for opportunities in the Personalized Retail Nutrition & Wellness Market?
4. What are the technology trends and regulatory frameworks in the Personalized Retail Nutrition & Wellness Market?
5. What is the market share of the leading vendors in the Personalized Retail Nutrition & Wellness Market?
6. What modes and strategic moves are considered suitable for entering the Personalized Retail Nutrition & Wellness Market?

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