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Key Influencer in the Personalized Retail Nutrition And Wellness Market 2025: Impact Of A Healthier Lifestyle On The Personalized Retail Nutrition And Wellness Market Driver
How Are the key drivers contributing to the expansion of the personalized retail nutrition and wellness market?The increasing adoption of a healthier lifestyle is expected to boost the growth of the personalized retail nutrition and wellness market. As consumers become more aware of the importance of nutrition and wellness, they are adopting healthier lifestyles. Personalized retail nutrition, which provides tailored dietary recommendations based on individual needs, plays a key role in this shift. A report by the Good Food Institute in April 2023 revealed that global retail sales of plant-based meat and seafood reached $6.1 billion in 2022, indicating a growing interest in healthier eating habits.
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What growth opportunities are expected to drive the personalized retail nutrition and wellness market's CAGR through 2034?
The personalized retail nutrition and wellness market has seen strong growth in recent years. It is projected to grow from $4.15 billion in 2024 to $4.93 billion in 2025, reflecting a CAGR of 18.8%. The rise in this market can be attributed to the increasing incidence of chronic diseases, advances in nutritional science, educational campaigns, growing health and wellness awareness, and a shift towards individualized healthcare.
The personalized retail nutrition and wellness market is expected to grow rapidly, reaching $9.71 billion by 2029 with a CAGR of 18.5%. Growth drivers include the expansion of e-commerce and retail channels, rising demand for functional foods and supplements, and the growth of digital health platforms. Key trends include AI and data science integration, the rise of functional foods, biosensors and wearables, innovative solutions, and digital health platform expansion.
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What are the emerging trends shaping the future of the personalized retail nutrition and wellness market?
Companies in the personalized retail nutrition and wellness market are focusing on advanced digital platforms and data-driven tools to provide customized dietary recommendations and improve user engagement. For instance, in August 2023, Albertsons Companies launched an enhancement to its Sincerely Health platform. This nutrition insights tool helps users track their grocery purchases and meet MyPlate dietary guidelines, offering features like goal setting, rewards, and access to wellness management through multiple grocery apps.
Which growth-oriented segments of the personalized retail nutrition and wellness market are leading the industry's development?
The personalized retail nutrition and wellness market covered in this report is segmented -
1) By Product Type: Dietary Supplements, Functional Foods, Functional Beverages
2) By Application: Male, Female, Children
3) By End-User: Hospitals And Clinics, Wellness And Fitness Centers
Subsegments:
1) By Dietary Supplements: Vitamins And Minerals, Proteins And Amino Acids, Herbal And Botanical Supplements, Omega Fatty Acids, Probiotics AndPrebiotics, Weight Management Supplements, Sports Nutrition Supplements, Others (Joint Health, Immune Support)
2) By Functional Foods: Fortified Dairy Products (Fortified Milk, Yogurt), Functional Snacks ( Protein Bars, Nutrient-Dense Snacks), Cereals And Grains, Functional Breads, Fortified Bakery Products, Functional Meat Products, Functional Fats And Oils, Others ( Ready-To-Eat Meals With Added Nutrients)
3) By Functional Beverages: Nutrient-Enriched Water ( Vitamin Water), Functional Juices (Detox Juices, Immune-Boosting Drinks), Protein Beverages, Sports And Energy Drinks, Tea And Coffee ( Infused With Functional Ingredients Like Adaptogens), Functional Soft Drinks, Alcoholic Functional Beverages ( Low-Sugar, Fortified Alcohol), Others ( Kombucha, Kefir)
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What regions are leading the charge in the personalized retail nutrition and wellness market?
North America was the largest region in the personalized retail nutrition and wellness market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the personalized retail nutrition and wellness market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the personalized retail nutrition and wellness market?
Major companies operating in the personalized retail nutrition and wellness market are Archer Daniels Midland Company, Danone S.A., General Mills Inc., Cargill Incorporated, Herbalife International of America Inc., Isagenix International LLC, The Bountiful Company, Nestlé Health Science, The Hain Celestial Group Inc., Innophos Holdings Inc., Noom Inc., Thorne Research Inc., Vida Health Inc., Foodsmart, Bayer AG, Matsun Nutrition LLC, RedBrick Health Corporation, Nature's Bounty Inc., Viome Life Sciences Inc., DayTwo Inc., Glucovation Inc., Savor Health Inc., DNAfit, Consumer Physics Inc., Tellspec Inc.
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What Is Covered In The Personalized Retail Nutrition And Wellness Global Market Report?
•Market Size Forecast: Examine the personalized retail nutrition and wellness market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the personalized retail nutrition and wellness market for a structured understanding.
•Key Players Overview: Analyze major players in the personalized retail nutrition and wellness market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the personalized retail nutrition and wellness market.
•Segment Contributions: Evaluate how different segments drive overall growth in the personalized retail nutrition and wellness market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the personalized retail nutrition and wellness market.
•Industry Challenges: Identify potential risks and obstacles affecting the personalized retail nutrition and wellness market.
•Competitive Landscape: Review strategic developments in the personalized retail nutrition and wellness market, including expansions, agreements, and new product launches.
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