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Global Personalized Retail Nutrition and Wellness Market Forecast to Surge through 2028: Opportunities in the Development in Metabolic Profiling Technologies and Growing Trend of Customized Diet Plans

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Mar 12, 2024, 06:15 ET

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DUBLIN, March 12, 2024 /PRNewswire/ -- The "Global Personalized Retail Nutrition and Wellness Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis" report has been added to  ResearchAndMarkets.com's offering.

Global Personalized Retail Nutrition and Wellness Market projects significant growth from USD 2.42 billion in 2023 to USD 3.67 billion by 2028. This notable market expansion is attributed to a Compound Annual Growth Rate (CAGR) of 8.67%.

Market Overview & Dynamics

This detailed industry analysis reveals key insights into market dynamics that include a wide array of macro and micro-economic factors impacting the sector. The report examines how emotional and rational decisions of stakeholders influence market trends and price signals beyond the conventional economic forces of supply and demand.

Analytical Market Segmentations

  • The market is dissected by Recommendation, with segments including Continuous, Fixed, and Repeat recommendations
  • Applications Segments cover targeted demographics such as Children, Female, and Male consumers
  • Geographically, the study covers in-depth data from key regions such as the Americas, Europe, Middle-East & Africa, and Asia-Pacific

Company and Country Analysis

This analysis offers a critical view of competitor strategies within the market, showcasing financial performance analyses of listed companies and recent developmental strategies. Furthermore, the study encompasses detailed insights into specific countries, investigating the market from a granular perspective.

Strategic Tools: Competitive Quadrant & Ansoff Analysis

The report features innovative tools like the Competitive Quadrant and Ansoff Analysis to strategically analyze market players and provide a roadmap for industry growth. Factors such as new product launches, growth strategies, and market share expansion play a central role in this extensive analysis.

Impact of Covid-19

Underpinning this study is an evaluative look at the effects of the Covid-19 pandemic on the Global Personalized Retail Nutrition and Wellness Market. The pandemic's repercussions have prompted market adjustments and strategic shifts within the industry.

Regulatory Landscape

Key regulatory frameworks across various regions and their implications on the sector are thoroughly discussed, ensuring readers are well-informed on the compliance requirements affecting market operations.

Competitive Analysis

The report encompasses an exhaustive competitive analysis, providing proprietary tools to benchmark companies' performance and industry placement.

Comprehensive Market Insights

Potential market entrants and existing players will discover a wealth of information, including historical data, current market trends, and forward-looking projections. The report's in-depth analysis offers a foundational understanding of the parent industry and vital market dynamics. Investors, stakeholders, and industry specialists are poised to gain a strategic edge from this report, which serves as a testament to the burgeoning Personalized Retail Nutrition and Wellness sector and its diverse market segments.

Market Dynamics

Drivers

  • Growing Consumer Awareness of Health and Wellness
  • Rising Geriatric Population and Prevalence of Several Disorders

Restraints

  • High Cost of Equipment and Difficulty in Maintaining Patient Database

Opportunities

  • Development in Metabolic Profiling Technologies
  • Rising Adoption of Devices to Track Health Data
  • Growing Trend of Customized Diet Plans

Challenges

  • Lack of Research Activities concerning Nutrigenomics

Companies Mentioned

  • Bactolac Pharmaceutical, Inc.
  • Balchem Inc.
  • Bayer Ag
  • Baze Labs GmbH
  • Care/of. (Noho Health Inc.)
  • Cargill, Inc.
  • DNAfit Life Sciences Ltd.
  • DuPont de Nemours, Inc.
  • General Mills, Inc.
  • GSK PLC
  • Habit Food Personalized, LLC
  • Habit LLC
  • Herbalife Nutrition Ltd.
  • Mead Johnson & Company, LLC
  • Metagenics, Inc.
  • Nature's Bounty, Inc.
  • Noom, Inc.
  • Nutritional genomics
  • Pfizer, Inc.
  • Vitamin Packs, Inc.
  • Wellness Coaches USA, LLC

For more information about this report visit https://www.researchandmarkets.com/r/2lftan

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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