Personalized Retail Nutrition And Wellness Market Trends That Will Shape the Next Decade: Insights from Enhancement Of Advanced Platform With Nutrition Insights Features

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How Large Will the Personalized Retail Nutrition And Wellness Market Size By 2025?
The market size of personalized retail nutrition and wellness has seen a swift expansion in the recent past. The projection of its growth indicates a rise from $4.15 billion in 2024 to $4.93 billion in 2025, marking an impressive compound annual growth rate (CAGR) of 18.8%. The previously observed growth has been largely due to factors such as an increase in chronic illnesses, breakthroughs in nutritional research, education initiatives, and awareness drives. Moreover, a surge in health and wellness awareness, along with a shift towards a more personalized approach to healthcare, also fuelled this growth.

How Big Is the Personalized Retail Nutrition And Wellness Market Size Expected to Grow by 2029?
The market size for personalized retail nutrition and wellness is projected to experience significant expansion in the coming years, escalating to $9.71 billion by 2029 with an 18.5% compound annual growth rate (CAGR). The expansion during the forecast period is attributed to factors such as the proliferation of e-commerce and retail outlets, an escalation in the demand for functional foods and supplements, the boom of digital health platforms, the surge in customized nutritional supplements, and the expansion of bespoke meal delivery services. Key trends recognized during the projection period include the fusion of data science and artificial intelligence, the increase in functional foods and protein supplements, the incorporation of biosensors and wearables, innovative methodologies, and the development of digital health platforms.

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Which Key Market Drivers Powering Personalized Retail Nutrition And Wellness Market Expansion and Growth?
The growth of the personalized retail nutrition and wellness market is expected to be fueled by the rising trend towards a healthier lifestyle. A healthier lifestyle is defined as a lifestyle that encourages behaviors that enhance health, reduce the incidence of disease, and lengthen life expectancy. Factors such as increased consumer consciousness regarding nutrition, wellness, and preventive health, as well as the necessity to make deliberate decisions to enhance overall well-being, all drive the trend towards healthier lifestyles. Personalized retail nutrition significantly contributes to the adoption of healthier lifestyles by providing tailored dietary advice based on individual health goals, preferences, and nutritional requirements. For example, the Good Food Institute, a non-profit organization based in the US, reported in April 2023 that the global retail sales of plant-based meat and seafood in 2022 totaled $6.1 billion. This represents an 8% increase in revenue and a 5% increase in weight, demonstrating the influence of a healthier lifestyle on the growth of the personalized retail nutrition and wellness market.

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Which Fast-Growing Trends Are Poised to Disrupt the Personalized Retail Nutrition And Wellness Market?
Companies of significance within the personalized retail nutrition and wellness sector are concentrating their efforts on the creation of technologically sophisticated solutions, including digital platforms that benefit from innovative insight tools. These offer customized dietary suggestions with the intention of increasing user interaction and improving health outcomes through strategies based on data. A digital platform can be described as online platforms, apps, or tools that offer specialized guidance, analysis of data, and support that targets individual health objectives and dietary requirements. In August 2023, for instance, a U.S. grocery store company named Albertsons Companies, Inc. debuted the newest digital addition to its Sincerely Health platform. This addition is a nutrition insight tool that evaluates grocery purchases against the serving recommendations provided in the guidance of the USDA's MyPlate. The platform gives users the capability to establish nutrition objectives, gain health points and rewards, and enjoy extensive wellness management features, which are all available with ease across 16 grocery apps and websites. The MyPlate program from the USDA provides advice on consuming the five food groups that are included in a healthy diet pattern, such as fruits, veggies, grains, proteins, and dairy or fortified soy substitutes, including general healthy eating guidance. The nutrition insights tool can assess recent and future grocery purchases when a customer's loyalty account is linked to their Sincerely Health profile, and automatically calculate how many food products meet the MyPlate dietary guidelines.

What Are the Emerging Segments in 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 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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Who Are the Global Leaders 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.

Which are the Top Profitable Regional Markets for the Personalized Retail Nutrition And Wellness Industry?
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.

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