Asia Pacific Personalized Retail Nutrition And Wellness Market Size & Outlook
Asia Pacific personalized retail nutrition and wellness market, 2018-2030 (US$M)
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Asia Pacific personalized retail nutrition and wellness market highlights
- The Asia Pacific personalized retail nutrition and wellness market generated a revenue of USD 613.5 million in 2022.
- The market is expected to grow at a CAGR of 15.9% from 2023 to 2030.
- In terms of segment, repeat recommendation was the largest revenue generating type in 2022.
- Personalized Testing is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 613.5 million |
| Market revenue in 2030 | USD 1,998.8 million |
| Growth rate | 15.9% (CAGR from 2022 to 2030) |
| Largest segment | Repeat recommendation |
| Fastest growing segment | Personalized Testing |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed Recommendation, Repeat Recommendation, Continuous Recommendation, Personalized Testing |
| Key market players worldwide | Nature's Brands, Cargill, Bayer AG, PlateJoy, Better Therapeutics Inc, Noom, Prenetics Global Ltd Class A |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.3% of the global personalized retail nutrition and wellness market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,998.8 million by 2030.
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Personalized Retail Nutrition And Wellness Market Scope
Personalized Retail Nutrition And Wellness Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific personalized retail nutrition and wellness market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to personalized retail nutrition and wellness market will help companies and investors design strategic landscapes.
Repeat recommendation was the largest segment with a revenue share of 46.26% in 2022. Horizon Databook has segmented the Asia Pacific personalized retail nutrition and wellness market based on fixed recommendation, repeat recommendation, continuous recommendation, personalized testing covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific market is expected to witness significant growth over the next few years as a result growing interest of consumers in customized approach of wellness program.
Furthermore, lack of affordability to expensive testing methods and lack of expertise in certain region is driving the demand for nutrigenomics and personalized nutrition in this area.
With reducing sequencing price, nutrigenomic testing has become more accessible to population across the region.
Reasons to subscribe to Asia Pacific personalized retail nutrition and wellness market databook:
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Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific personalized retail nutrition and wellness market databook
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Our clientele includes a mix of personalized retail nutrition and wellness market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific personalized retail nutrition and wellness market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific personalized retail nutrition and wellness market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific personalized retail nutrition wellness market size, by country, 2018-2030 (US$M)
Asia Pacific Personalized Retail Nutrition And Wellness Market Share, 2022 & 2030 (US$M)
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