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Emerging Trends Influencing The Growth Of The Personalized Retail Nutrition And Wellness Market: Enhancement Of Advanced Platform With Nutrition Insights Features
Personalized Retail Nutrition And Wellness Market
How Big Is the Personalized Retail Nutrition And Wellness Market Size Expected to Be by 2034?
The personalized retail nutrition and wellness market has grown rapidly in recent years. It is expected to grow from $4.15 billion in 2024 to $4.93 billion in 2025, at a CAGR of 18.8%. This growth has been driven by the rise in chronic diseases, advances in nutritional science, awareness campaigns, a growing focus on health and wellness, and an emphasis on personalized healthcare.
The personalized retail nutrition and wellness market is forecast to grow rapidly, reaching $9.71 billion by 2029 at a CAGR of 18.5%. This growth is attributed to the expansion of e-commerce and retail channels, growing demand for functional foods and supplements, the rise of digital health platforms, personalized nutritional supplements, and meal delivery services. Trends include the integration of data science and AI, the growth of functional foods and protein supplements, the use of biosensors and wearables, innovative solutions, and the expansion of digital health platforms.
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What Are the Emerging Segments Within the Personalized Retail Nutrition And Wellness Market?
The personalized retail nutrition and wellness market covered in this report is segmented -
1) By Product Type: dietary supplemen*ts, 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 supplemen*ts: 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 Long-Term Drivers Are Shaping Personalized Retail Nutrition And Wellness Market Trends?
The increasing adoption of healthier lifestyles is expected to fuel the growth of the personalized retail nutrition and wellness market. As consumers become more health-conscious, they seek customized dietary advice and wellness products to support their well-being. Personalized nutrition helps individuals meet their health goals through tailored recommendations. For example, the Good Food Institute reported an increase in global retail sales of plant-based products in 2022, which aligns with the growing demand for personalized nutrition solutions.
Who Are the Top Competitors in Key Personalized Retail Nutrition And Wellness Market Segments?
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.
What Are the Latest Developing Trends in the Personalized Retail Nutrition And Wellness Market?
Key players in the personalized retail nutrition and wellness market are launching data-driven platforms to provide custom dietary recommendations. For example, in August 2023, US-based Albertsons Companies, Inc. introduced a new feature on its Sincerely Health platform that analyzes grocery purchases against USDA's MyPlate guidelines and offers tailored wellness insights through multiple grocery apps.
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Which Regions Are Becoming Hubs for Personalized Retail Nutrition And Wellness Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Personalized Retail Nutrition And Wellness Market?
2. What is the CAGR expected in the Personalized Retail Nutrition And Wellness Market?
3. What Are the Key Innovations Transforming the Personalized Retail Nutrition And Wellness Industry?
4. Which Region Is Leading the Personalized Retail Nutrition And Wellness Market?
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