Personalized Retail Nutrition & Wellness

Personalized Retail Nutrition & Wellness Market by Dietary Preferences (Keto, Paleolithic, Vegan), Nutritional Goals (Balanced Health, Immunity Boost, Muscle Gain), Health Conditions, Lifestyle, Eating Patterns - Global Forecast 2025-2030

SKU
MRR-A339DAEFACA5
Region
Global
Publication Date
December 2024
Delivery
Immediate
2023
USD 10.96 billion
2024
USD 12.37 billion
2030
USD 29.70 billion
CAGR
15.30%
360iResearch Analyst Ketan Rohom
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The Personalized Retail Nutrition & Wellness Market size was estimated at USD 10.96 billion in 2023 and expected to reach USD 12.37 billion in 2024, at a CAGR 15.30% to reach USD 29.70 billion by 2030.

Personalized Retail Nutrition & Wellness Market
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Personalized retail nutrition and wellness encompasses the tailoring of dietary and lifestyle recommendations to individual consumer needs, preferences, and health conditions to optimize well-being and prevent chronic diseases. This sector is crucial as it caters to the rising consumer demand for personalized health solutions, fueled by advancements in genomics, wearable technology, and AI-driven health platforms. The necessity arises from the increasing prevalence of lifestyle-related diseases and the growing consumer awareness of the importance of individualized nutrition regimens. Applications span across fitness centers, healthcare providers, digital health applications, and retail settings, with products ranging from customized dietary supplements to meal plans and health monitoring tools. End-use scope includes individuals seeking specific health outcomes, like managing diabetes or improving athletic performance, and businesses aiming to enhance customer engagement through personalized offerings. Market growth is driven by technological advancements, increased consumer health consciousness, and the integration of big data and analytics in health personalization. Potential opportunities include exploiting AI-driven nutrition analysis and microbiome-based product innovations, leveraging partnerships with tech firms for enhanced personalized offerings, and tapping into emerging markets with rising disposable income levels and health-awareness. However, limitations such as data privacy concerns, high costs of advanced personalized solutions, and the complexity of integrating diverse data sources into coherent recommendations pose challenges. Regulatory uncertainties regarding health claims also form barriers to growth. For innovation, focus on developing seamless data integration platforms, advancing nutrigenomics tools, and improving the accuracy of health monitoring devices. The personalized retail nutrition and wellness market is dynamic, characterized by rapid technological progression and shifting consumer expectations. Continual research into consumer behavior, technology adoption, and nutritional science will be key to navigating this evolving landscape and establishing a competitive edge.

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Market Dynamics

The market dynamics represent an ever-changing landscape of the Personalized Retail Nutrition & Wellness Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Evaluating regulatory influences and opportunities in personalized retail nutrition and wellness space
    • Assessing the importance of data-driven personalization in transforming the nutrition and wellness markets
    • Understanding the key drivers propelling the personalized retail nutrition and wellness market forward
  • Market Restraints
    • Lack of standardized regulations across jurisdictions leading to market fragmentation and confusion
    • Time-intensive requirement for education and training of consumers and professionals on these services
    • Difficulty in measuring and tracking the effectiveness of personalized wellness strategies and offerings
  • Market Opportunities
    • Harnessing the power of community-driven wellness platforms for collaborative consumer engagement
    • Leveraging data analytics to capitalize on trends in dietary supplements and wellness products
    • Identifying gaps in the market for personalized wellness regimes for aging demographic segments
  • Market Challenges
    • Overcoming the high costs associated with personalized nutrition and wellness service offerings
    • Establishing effective partnerships in the competitive personalized wellness and nutrition ecosystem
    • Managing supply chain challenges for bespoke nutrition and wellness products

Market Segmentation Analysis

  • Ingredient: Introduction of advanced formulations of vitamins to meet the daily nutritional needs of an individual

    Amino acids are a type of protein and play a crucial role in muscle repair, neurotransmitter function, and immune system support. Consumers with active lifestyles, vegetarians, and people with specific metabolic conditions may have an increased need for certain amino acids. Carotenoids, such as beta-carotene, lycopene, and lutein, are antioxidants that support eye health and cardiovascular function and have potential anti-cancer properties. Dietary fibers are crucial for digestive health, weight management, and blood sugar regulation. Products enriched with fibers are sought after by diabetics, individuals with digestive issues, and those looking to improve satiety in weight loss diets. Enzymes such as lactase, protease, and amylase aid in the digestion of lactose, proteins, and carbohydrates, respectively. They are essential for people with digestive enzyme deficiencies or food intolerances. Omega-3, omega-6, and omega-9 fatty acids are vital for brain health, reducing inflammation, and maintaining heart health. Consumers concerned with cardiovascular risks and cognitive decline are particularly interested in fatty acid supplementation. Essential minerals, including calcium, magnesium, and iron, are key for bone health, energy production, and oxygen transport, respectively. Prebiotics and probiotics help to maintain a healthy gut microbiome, supporting immune function and digestive health. Those with gastrointestinal conditions, antibiotic use, and individuals seeking to enhance their digestive health are the main consumers. Proteins are essential macronutrients required for tissue repair, hormonal production, and enzymes. Personalized protein supplements are popular among athletes, bodybuilders, and those on plant-based diets. Vitamins are vital for maintaining health and preventing diseases. Different demographic groups, such as the elderly, pregnant women, and children, may be particularly in need of specific vitamins.

  • Application: Rising adoption of personalized nutrition by women to maintain healthy gut and hormonal health

    Personalized nutrition and wellness for children is aimed at fostering growth and development and preventing future health issues. Products and services for children often prioritize natural ingredients and mild flavors and are tailored for different growth stages. Parents and guardians are increasingly seeking personalized supplement regimens and dietary plans that can adapt to their child's development and changing needs. The female segment of personalized retail nutrition and wellness focuses on dietary supplements, personalized fitness plans, and wellness programs that cater to women's specific nutritional needs, hormonal balances, fertility, pregnancy, postnatal care, and age-related concerns, including menopause. Personalized nutrition and wellness for men often concentrate on muscle building, energy support, hair loss prevention, and managing conditions such as prostate health. Men's personalization typically involves higher protein content, focus on athletic performance, and supplements that support testosterone levels. Convenience and scientifically proven benefits are key priorities.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Personalized Retail Nutrition & Wellness Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

PESTLE Analysis

The PESTLE analysis offers a comprehensive tool for understanding and analyzing the external macro-environmental factors that impact businesses within the Personalized Retail Nutrition & Wellness Market. This framework examines Political, Economic, Social, Technological, Legal, and Environmental factors, providing companies with insights into how these elements influence their operations and strategic decisions. By using PESTLE analysis, businesses can identify potential opportunities and threats in the market, adapt to changes in the external environment, and make informed decisions that align with current and future conditions. This analysis helps companies anticipate shifts in regulation, consumer behavior, technology, and economic conditions, allowing them to better navigate risks and capitalize on emerging trends.

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Personalized Retail Nutrition & Wellness Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Personalized Retail Nutrition & Wellness Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Recent Developments

  • Verdify secures EUR 2.4 Million to transform personalized Nutrition and Sustainable Eating

    Verdify completed a funding round, securing EUR 2.4 million to propel the company's commitment to enhancing personalized nutrition in ways that benefit both individual health and the environment. Verdify's groundbreaking approach aspires to redefine standard dietary choices, steering them towards paths that are both gratifying and ecologically responsible. [Published On: January 24, 2024]

  • Meijer Launches Personalized Nutrition Service

    Meijer has taken a significant step in reinforcing customer loyalty and associating its brand with health and freshness by introducing a customized virtual nutrition coaching service. Aimed at promoting healthy lifestyle choices and proper nutrition, this confidential service is designed to support shoppers in achieving their wellness objectives. Available to individuals 18 years and above, Meijer enhances accessibility with a complimentary 15-minute exploratory session. [Published On: January 19, 2024]

  • Viome Acquires Naring Health To Further Its Lead In Personalized Nutrition And Longevity

    Viome Life Sciences announced the strategic acquisition of Naring Health, along with its subsidiaries DiscernDX and Foodome, making a significant stride in the evolution of precision health. This move accelerates Viome's mission to revolutionize health management through personalized nutrition by integrating Naring Health’s access to clinical and molecular data, DiscernDX's advancements in health monitoring and disease detection, and Foodome's comprehensive food bioactive compound analysis. [Published On: November 02, 2023]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Personalized Retail Nutrition & Wellness Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

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..

Market Segmentation & Coverage

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

  • Dietary Preferences
    • Keto
      • Cyclical Keto
      • Standard Keto
      • Targeted Keto
    • Paleolithic
      • Modified Paleo
      • Strict Paleo
    • Vegan
      • Flexitarian
      • Strict Vegan
    • Vegetarian
      • Lacto-Ovo Vegetarian
      • Lacto-Vegetarian
      • Ovo-Vegetarian
  • Nutritional Goals
    • Balanced Health
      • Moderation Plans
      • Whole Food Based
    • Immunity Boost
      • Superfood Focus
      • Vitamin-Rich Plans
    • Muscle Gain
      • High Protein
      • Meal Frequency Strategies
    • Weight Loss
      • Calorie Counting
      • Low-Carb Plans
  • Health Conditions
    • Bone Health
      • Calcium Focused
      • Vitamin D-Rich
    • Cardiac Health
      • Heart Healthy Fats
      • Low Sodium
    • Diabetes Management
      • Carb Counting
      • Low Glycemic Plans
    • Digestive Health
      • High Fiber Plans
      • Probiotic-Rich Diet
  • Lifestyle
    • Active
      • Endurance Athletes
      • Weekend Warriors
    • Remote Work
      • Flexible Meal Plans
      • Quick Prep Meals
    • Sedentary
      • Chronic Conditions
      • Working Professionals
    • Travel-Friendly
      • Mobile Diets
      • Packable Foods
  • Eating Patterns
    • Intermittent Fasting
      • 16/8 Method
      • 5:2 Approach
    • Macro Counting
      • Standard Macros
    • Time-Restricted Feeding
      • Early Eating
      • Late Eating
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Personalized Retail Nutrition & Wellness Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Personalized Retail Nutrition & Wellness Market, by Dietary Preferences
  7. Personalized Retail Nutrition & Wellness Market, by Nutritional Goals
  8. Personalized Retail Nutrition & Wellness Market, by Health Conditions
  9. Personalized Retail Nutrition & Wellness Market, by Lifestyle
  10. Personalized Retail Nutrition & Wellness Market, by Eating Patterns
  11. Americas Personalized Retail Nutrition & Wellness Market
  12. Asia-Pacific Personalized Retail Nutrition & Wellness Market
  13. Europe, Middle East & Africa Personalized Retail Nutrition & Wellness Market
  14. Competitive Landscape
Frequently Asked Questions
  1. How big is the Personalized Retail Nutrition & Wellness Market?
    Ans. The Global Personalized Retail Nutrition & Wellness Market size was estimated at USD 10.96 billion in 2023 and expected to reach USD 12.37 billion in 2024.
  2. What is the Personalized Retail Nutrition & Wellness Market growth?
    Ans. The Global Personalized Retail Nutrition & Wellness Market to grow USD 29.70 billion by 2030, at a CAGR of 15.30%
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