REPORT OBJECTIVES
The report Personalized retail nutrition and wellness : Global Market Intelligence ( 2023-2030 ) provides market intelligence on the different market segments, based on Recommendation, Region, Company etc. Market size and forecast (2020-2030) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through detailed segmentation, 2) market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends, 3) detailed analysis of current dynamics and trends, key market players, and strategies in the market, 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants, 5) provide emerging opportunities in the market and the future impact of major drivers and restraints of the market and, 6) support decision makers in making cost-effective business decisions.

RESEARCH METHODOLOGY
In our market size and forecast determination efforts, an extensive secondary research was initially completed to gain a good perspective of the market in each region. Extensive primary research was also carried out by interviewing the key executives from the industry. These interviews helped us to fill-in the data gaps after secondary research. Several secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive techno-commercial study. The respondents – selected experts from manufacturers and selected suppliers – have been interviewed to obtain and verify critical information as well as to assess the future prospects. The usage of obtained information is based on the perceived reliability by the research team. In many cases, a combination of several sources was used. Sprout Intelligence provides an in-depth analysis of the market segmentation, which is a critical element of the market intelligence reports at Sprout Intelligence.

KEY AUDIENCE
Executives in marketing, strategic planning and new product development will find such discussions in our reports pertinent and useful. Management consultants, investment bankers, manufacturers, distributors, suppliers, and regulatory authorities are amongst our regular clientele served.

DATA SOURCES
The general data sources used in this report are company websites, trade association publications, regulatory authorities, journals, magazines, news websites, press releases, media publications, interaction with industry experts, company executives, research papers, articles, patents, scientific literature, among many others.

KEY FINDINGS FROM THE REPORT
• The Personalized retail nutrition and wellness market was valued at $1,700.0 Million in 2020, and is projected to reach $2,851.7 Million by 2030 growing at a CAGR of 6.03% from 2021 to 2030.
• Repeat Recommendation segment is expected to be the highest contributor to this market, with $1,002.2 Million in 2020, and is anticipated to reach $1,680.4 Million by 2030, registering a CAGR of 6.02%.
• Fixed Recommendation segment is anticipated to reach $598.4 Million by 2030 with the highest CAGR of 6.15%.
• Repeat Recommendation and Fixed Recommendation segments collectively expected to account for about 79.7% share of the Personalized retail nutrition and wellness market in 2020, with the former constituting around 59.0% share.
• Fixed Recommendation and Repeat Recommendation segments are expected to witness significant growth rates at a CAGR of 6.15% and 6.02% respectively, during the forecast period.
• Presently, share of these two segments is estimated to be around 79.7% in the overall Personalized retail nutrition and wellness market in 2020, and is anticipated to reach 79.9% by 2030.
• The global personalized retail nutrition and wellness market is being driven by increasing consumer demand for tailored health solutions, as individuals seek personalized approaches to meet their unique dietary and wellness needs.
• This trend is further fueled by advancements in technology, such as AI and machine learning algorithms, which enable precise customization based on factors like genetic makeup, lifestyle choices, and health goals.
• Moreover, the growing emphasis on preventive healthcare and wellness management presents significant opportunities for businesses to offer personalized nutrition and wellness products and services.
• By leveraging data analytics and innovative technologies, companies can capitalize on this burgeoning market to provide consumers with personalized solutions that optimize their health and well-being, driving growth and differentiation in the competitive retail landscape..