Canada Personalized Retail Nutrition And Wellness Market Size & Outlook
Canada personalized retail nutrition and wellness market, 2018-2030 (US$M)
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Canada personalized retail nutrition and wellness market highlights
- The Canada personalized retail nutrition and wellness market generated a revenue of USD 108.6 million in 2022 and is expected to reach USD 368.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 16.5% 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.
Personalized retail nutrition and wellness market data book summary
| Market revenue in 2022 | USD 108.6 million |
| Market revenue in 2030 | USD 368.0 million |
| Growth rate | 16.5% (CAGR from 2022 to 2030) |
| Largest segment | Repeat recommendation |
| Fastest growing segment | Personalized Testing |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Canada accounted for 3.6% of the global personalized retail nutrition and wellness market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. personalized retail nutrition and wellness market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 368.0 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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Canada 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 45.76% in 2022. Horizon Databook has segmented the Canada 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.
In May 2016, Tri Vita and Base Health collaborated to launch Tri Vita Shield as a new personalized wellness program which was featured in multi-channel advertising campaign for Canada, alongside the U.S. Such ongoing activities are expected to positively influence the Canada market growth. Furthermore, the Food Coach offer various personalized nutrition programs for Canadian population.
My Diet Clinic offers Personalized Nutrition Program that combines meal plan, initial consultation, and Nutri genomix Test. Such entities are anticipated to witness significant growth in the country with growing popularity and awareness amongst the population about the benefits of personalized nutrition programs.
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Target buyers of Canada 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 country-level data and insights on the Canada personalized retail nutrition and wellness market, including forecasts for subscribers. This country databook contains high-level insights into Canada personalized retail nutrition and wellness market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada personalized retail nutrition wellness market size, by type, 2018-2030 (US$M)
Canada Personalized Retail Nutrition And Wellness Market Share, 2022 & 2030 (US$M)
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