Personalized Retail Nutrition And Wellness Market - Forecast(2024 - 2030)

Report Code: HCR 80428 Report Format: PDF + Excel

Personalized Retail Nutrition and Wellness Market Overview            

Personalized Retail Nutrition and Wellness Market size is estimated to reach $2.8 billion by 2026, growing at a CAGR of 8.5% during the forecast period 2021-2026. Personalized Retail Nutrition and Wellness is an approach that counts on the individual characteristics to evolve a package of nutritional counsel and products. Personalized nutrition associates with the important information that is intended to pitch specific healthy eating and guidance for nutrition as per need. 

Personalized retail nutrition and wellness products are increasingly being adopted by the young population across the world owing to the growing adoption of a healthier lifestyle to promote wellness. Rise in the demand for dietary supplements for assimilation of nutrients, growing recommendation for personalized nutrition to promote wellness and catabolism, rising demand for vitamin biosynthesis, and increase in the investment by the key players to launch healthier products for personalized retail nutrition are the factors that are set to drive the growth of the Personalized Retail Nutrition and Wellness Market for the period 2021-2026.

Report Coverage

The report: “Personalized Retail Nutrition and Wellness Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Personalized Retail Nutrition And Wellness Market.
By Recommendation: Fixed Recommendation, Repeat Recommendation, and Continuous Recommendation.
By End User: Wellness and Fitness Centers, Hospitals and Clinics, Institutions, and Others.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (Middle East and Africa).

Key Takeaways

  • Geographically, North America Personalized Retail Nutrition and Wellness Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the growing demand for vitamin biosynthesis.
  • The rise in the adoption of personalized nutrition to promote wellness and catabolism is driving the Wellness and Fitness Centers segment. However, the high cost of personalized retail nutrition service offerings is one of the major factors that is said to reduce the growth of the Personalized Retail Nutrition and Wellness Market.
  • Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Personalized Retail Nutrition and Wellness Market report.

Personalized Retail Nutrition and Wellness Market Size, By Product Type, 2020-2026 (USD Million)



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Personalized Retail Nutrition and Wellness Market Segment Analysis-By Recommendation

The Personalized Retail Nutrition and Wellness Market based on the Recommendation can be further segmented into Fixed Recommendation, Repeat Recommendation, and Continuous Recommendation. The Repeat Recommendation segment held the largest share in 2020 owing to the factors such as the growing commercialization of apps to monitor the daily routine of individuals and the rise in the design of diet plans for patients who require regular monitoring and for pregnant women and patients with various disorders. 

The rise in the adoption of dietary supplements and nutraceuticals is driving the growth of the Personalized Retail Nutrition and Wellness Market. The Fixed Recommendation segment is estimated to be the fastest growing segment with a CAGR of 9.7% over the period 2021-2026. This growth is owing to the factors such as the growing demand for repeat recommendations for personalized nutrition and supplements to promote wellness and catabolism.

Personalized Retail Nutrition and Wellness Market Segment Analysis-By End User

The Personalized Retail Nutrition and Wellness Market based on the End User can be further segmented into Wellness and Fitness Centers, Hospitals and Clinics, Institutions, and Others. The Wellness and Fitness Centers segment held the largest share in 2020 and is also estimated to be the fastest growing segment with a CAGR of 9.6% over the period 2021-2026. This growth is owing to the factors such as increasing demand for dietary supplements for assimilation of nutrients and rise in the adoption of a healthier lifestyle to promote wellness. 

The growing awareness among consumers about the importance of enhancing their digestive health is driving the growth of the Personalized Retail Nutrition and Wellness Market. The Institutions segment held the second largest share in 2020 owing to the factors such as growing demand for vitamin biosynthesis and increase in the investment by the key players to launch healthier products for personalized retail nutrition.

Personalized Retail Nutrition and Wellness Market Segment Analysis-By Geography

The Personalized Retail Nutrition and Wellness Market based on the Geography can be further segmented into North America, Europe, Asia-Pacific, South America and Rest of World. North America held the largest share with 32% of the overall market in 2020. The growth in this segment is owing to the factors such as increase in the demand for dietary supplements for assimilation of nutrients and growing demand for vitamin biosynthesis. 

The rise in the demand for repeat recommendations for personalized nutrition and supplements to promote wellness and catabolism is driving the growth of the Personalized Retail Nutrition And Wellness Market. Asia-Pacific segment is estimated to be the fastest growing segment over the period 2021-2026. The growth in this segment is owing to the factors such as increase in the investment by the key players to launch healthier products for personalized retail nutrition and rise in the design of diet plans for patients who require regular monitoring.

Personalized Retail Nutrition and Wellness Market Drivers

Increase in the Demand for Dietary Supplements for Assimilation of Nutrients.

Dietary supplement products are increasingly being used among developed nations for assimilation of nutrients owing to the factors such as growing concerns related to inadequate nutrition and the rise in the prevalence of lifestyle diseases. The key companies are also focusing on developing organic dietary supplements for promoting personalized nutrition, which is one of the major factors driving the growth of the Personalized Retail Nutrition and Wellness Market.

Rise in the Adoption of Customized Diet Plans for Enhancing Catabolism.

Customized diet plans are increasingly being adopted by the young population across the world for their daily nutrition to enhance catabolism owing to the availability of innovative health and wellness products. The availability of various services such as gut-microbiome testing and genetic profiling are increasing the demand for customized diet plans, which is further propelling the growth of the Personalized Retail Nutrition and Wellness Market.

Personalized Retail Nutrition and Wellness Market Challenges

High Cost of Personalized Retail Nutrition Service Offerings.

Customers across the world are increasingly being adopting wellness products tailored to their lifestyle as they are becoming more informed about their nutrition patterns. However, the high cost of personalized retail nutrition service offerings is one of the major factors that is estimated to reduce the growth of the Personalized Retail Nutrition and Wellness Market.

Personalized Retail Nutrition and Wellness Market Competitive Landscape:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Personalized Retail Nutrition and Wellness Market. Key companies of this market are Consumer Physics, Groking Lab, Tellspec, Inc, Better Therapeutics, Habit Food Personalized, LLC, Segterra, Inc, Nutrigenomix, Inc, Noom Inc, Savor Health, and Indena among others.

Partnerships/Product Launches:

  • In October 2020, Indena has entered into a partnership with Onegevity to focus on gut microbiome testing to produce personalized nutrition pact and to focus on research and development activities for effective solutions that are synergistic to the wellness plan.
  • In January 2020, Noom Inc has entered into a partnership with EVERSANA™ to provide personalized nutrition to enhance health outcomes for the millions of patients suffering from chronic conditions across the world and other rare diseases.
  • In October 2019, Savor Health has entered into a partnership with LUNGevity to bring Ina®, which is a personal intelligent nutrition assistant for those affected by lung cancer. It is a knowledge-based personalized nutrition technology platform for people affected with cancer.

Relevant Reports:
Report Code: FBR 0005

Report Code: FBR 0460

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1. Personalized Retail Nutrition And Wellness Market - Overview
    1.1 Definitions and Scope
2.  Personalized Retail Nutrition And Wellness Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Recommendation
    2.3 Key trends by End User
    2.4 Key trends by Geography
3.  Personalized Retail Nutrition And Wellness Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Personalized Retail Nutrition And Wellness Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Personalized Retail Nutrition And Wellness Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Personalized Retail Nutrition And Wellness Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Personalized Retail Nutrition And Wellness Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Personalized Retail Nutrition And Wellness Market – By Recommendation(Market Size –$Million/$Billion)
    8.1 Fixed Recommendation
    8.2 Repeat Recommendation
    8.3 Continuous Recommendation
9. Personalized Retail Nutrition And Wellness Market – By End User(Market Size –$Million/$Billion)
    9.1 Wellness and Fitness Centers
    9.2 Hospitals and Clinics
    9.3 Institutions
    9.4 Others
10. Personalized Retail Nutrition And Wellness Market - By Geography(Market Size –$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Mexico
        10.1.3 Canada
    10.2 Europe
        10.2.1 U.K.
        10.2.2 France
        10.2.3 Germany
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia Pacific
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Rest of South America
    10.5 Rest of the World
        10.5.1 Middle East
        10.5.2 Africa
11. Personalized Retail Nutrition And Wellness Market - Entropy
12. Personalized Retail Nutrition And Wellness Market – Industry/Segment Competition Landscape Premium
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Countries – Key Companies
        12.1.4 Best Practices for Companies
13. Personalized Retail Nutrition And Wellness Market – Key Company List by Country Premium Premium
14. Personalized Retail Nutrition And Wellness Market Company Analysis
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Competitive Landscape Market 2023-2030 ($M)
1.1 Companies:Key Activities Analysis Market 2023-2030 ($M) - Global Industry Research
1.2 Analysis of Startups E-Commerce Companies In Personalized Nutrition Wellness Market Market 2023-2030 ($M) - Global Industry Research
2.Global Competitive Landscape Market 2023-2030 (Volume/Units)
2.1 Companies:Key Activities Analysis Market 2023-2030 (Volume/Units) - Global Industry Research
2.2 Analysis of Startups E-Commerce Companies In Personalized Nutrition Wellness Market Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America Competitive Landscape Market 2023-2030 ($M)
3.1 Companies:Key Activities Analysis Market 2023-2030 ($M) - Regional Industry Research
3.2 Analysis of Startups E-Commerce Companies In Personalized Nutrition Wellness Market Market 2023-2030 ($M) - Regional Industry Research
4.South America Competitive Landscape Market 2023-2030 ($M)
4.1 Companies:Key Activities Analysis Market 2023-2030 ($M) - Regional Industry Research
4.2 Analysis of Startups E-Commerce Companies In Personalized Nutrition Wellness Market Market 2023-2030 ($M) - Regional Industry Research
5.Europe Competitive Landscape Market 2023-2030 ($M)
5.1 Companies:Key Activities Analysis Market 2023-2030 ($M) - Regional Industry Research
5.2 Analysis of Startups E-Commerce Companies In Personalized Nutrition Wellness Market Market 2023-2030 ($M) - Regional Industry Research
6.APAC Competitive Landscape Market 2023-2030 ($M)
6.1 Companies:Key Activities Analysis Market 2023-2030 ($M) - Regional Industry Research
6.2 Analysis of Startups E-Commerce Companies In Personalized Nutrition Wellness Market Market 2023-2030 ($M) - Regional Industry Research
7.MENA Competitive Landscape Market 2023-2030 ($M)
7.1 Companies:Key Activities Analysis Market 2023-2030 ($M) - Regional Industry Research
7.2 Analysis of Startups E-Commerce Companies In Personalized Nutrition Wellness Market Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
2.Canada Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
3.Mexico Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
4.Brazil Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
5.Argentina Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
6.Peru Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
7.Colombia Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
8.Chile Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
9.Rest of South America Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
10.UK Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
11.Germany Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
12.France Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
13.Italy Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
14.Spain Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
15.Rest of Europe Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
16.China Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
17.India Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
18.Japan Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
19.South Korea Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
20.South Africa Personalized Retail Nutrition And Wellness Market Revenue, 2023-2030 ($M)
21.North America Personalized Retail Nutrition And Wellness By Application
22.South America Personalized Retail Nutrition And Wellness By Application
23.Europe Personalized Retail Nutrition And Wellness By Application
24.APAC Personalized Retail Nutrition And Wellness By Application
25.MENA Personalized Retail Nutrition And Wellness By Application