Market revenue in 2022 | USD 147.7 million |
Market revenue in 2030 | USD 495.8 million |
Growth rate | 16.3% (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 |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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 46.11% in 2022. Horizon Databook has segmented the Japan 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.
Various initiatives are taken in Japan in order to boost the growth and popularity of personalized nutrition. One such initative is DSM’s Connecting Bright Innovations, first open innovation program which aimed at supporting development of perosnalized nutrition industry in the Japanese economy. This initiative was introduced in September 2015. In saddition to this, the well establsihed companies are engaged in the expansion of service and product portfolio to enhance their share in the personlaized nutrition market.
For instance, in May 2018, Nestle Japan Co., Ltd. added a new service to enhance the “Nestle Wellness Ambassador” program, a program that enables its members to receive personalized recommendations, containing relevant ingredients and nutrients for optimal health and beauty.
Furthermore, in May 2018, Roquette expanded its Food Customer Technical Service Center (CTS) in Tokyo in order to fulfill the rising demand from Asian and Japanese consumers for personalized nutrition. Furthermore, in June 2017, DSM expanded personalized nutrition business in Japan by creating a novel business model.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan personalized retail nutrition and wellness market, including forecasts for subscribers. This country databook contains high-level insights into Japan personalized retail nutrition and wellness market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
No related regions found.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account