Spain Personalized Retail Nutrition And Wellness Market Size & Outlook
Spain personalized retail nutrition and wellness market, 2018-2030 (US$M)
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Spain personalized retail nutrition and wellness market highlights
- The Spain personalized retail nutrition and wellness market generated a revenue of USD 62.1 million in 2022 and is expected to reach USD 154.0 million by 2030.
- The Spain market is expected to grow at a CAGR of 12% 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 62.1 million |
| Market revenue in 2030 | USD 154.0 million |
| Growth rate | 12% (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, Spain accounted for 2.1% 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 Europe, Germany personalized retail nutrition and wellness market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 664.4 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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Spain 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 45.73% in 2022. Horizon Databook has segmented the Spain 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 Spanish healthcare system is considered one of the best in the world. However, with increasing prevalence of obesity and other chronic diseases in the region, demand for food and beverages with high nutritional value has surged. In a recent study conducted by Food4me in nine EU countries, it was found that personalized nutrition and diet has the potential to revolutionize the health status of people living in this region.
In the study, it was also discovered that the Spanish public has more trust in government healthcare facilities & NHS. The most trusted healthcare service regulators in the region is general practitioners. Such trends are leading to the introduction of healthcare and nutrition projects and increase in collaborations among major players in this market. Thus, personalized nutrition and wellness market in Spain is expected to witness growth over the forecast period.
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Target buyers of Spain 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 Spain personalized retail nutrition and wellness market, including forecasts for subscribers. This country databook contains high-level insights into Spain personalized retail nutrition and wellness market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain personalized retail nutrition wellness market size, by type, 2018-2030 (US$M)
Spain Personalized Retail Nutrition And Wellness Market Share, 2022 & 2030 (US$M)
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