Europe Personalized Retail Nutrition And Wellness Market Size & Outlook
Europe personalized retail nutrition and wellness market, 2018-2030 (US$M)
Related Markets
Europe personalized retail nutrition and wellness market highlights
- The Europe personalized retail nutrition and wellness market generated a revenue of USD 987.2 million in 2022.
- The market is expected to grow at a CAGR of 13.7% 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, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 987.2 million |
| Market revenue in 2030 | USD 2,764.7 million |
| Growth rate | 13.7% (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, Europe region accounted for 32.6% 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 |
|---|
Europe 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 46.27% in 2022. Horizon Databook has segmented the Europe 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.
The major European nutrition and healthcare companies are making opting for various marketing strategies to boost their position in the market. For instance, Royal DSM announced acquisition of Mixfit.
Personalized nutrition solution provider, to enter this market. These initiatives are primarily driven by the paradigm shift of healthcare operations toward personalized approach for better wellbeing of individual.
Furthermore, this paradigm shift has enforced the healthcare entities to conduct workshops on personal nutrition. For instance, in March 2017.
Reasons to subscribe to Europe personalized retail nutrition and wellness market databook:
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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 Europe 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 Europe personalized retail nutrition and wellness market, including forecasts for subscribers. This continent databook contains high-level insights into Europe personalized retail nutrition and wellness market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe personalized retail nutrition wellness market size, by country, 2018-2030 (US$M)
Europe Personalized Retail Nutrition And Wellness Market Share, 2022 & 2030 (US$M)
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