New York, May 05, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of the report, Personalized Nutrition and Wellness Retail Analysis – Market Size, Stock, and Trend Analysis by Recommendation, by Region and Segment Forecast, 2021-2028. https://www.reportlinker.com/p05868753/?utm_source=GNW
Personalized growth and trend markets for nutrition and wellness in retail
The global size of the personalized nutrition and wellness retail market is projected to reach $ 3.3 billion by 2028. The market is forecast to grow at an annual growth rate of 7.9% from 2021 to 2028. Market growth can be attributed to factors such as the advancement of nutritional strategies, growing focus on nutrigenomics and nutrigenetics, a shift in the health paradigm, and the integration of data science for the development of innovative personalized nutrition.
In addition, nutrigenomics is gaining momentum due to the increasing number of studies understanding the interrelationship of nutrients with an individual’s genome. For example, in May 2020, researchers demonstrated the role of flavonol intake in cardiometabolic disorders using systematic bioinformatics analysis.
The analysis revealed genes involved in leukocyte adhesion, lipid metabolism and transendothelial migration. In addition, the study also analyzed the nutritional effects of the compound in intestinal cells and its role in the metabolism of circulating lipoproteins.
In addition, the companies operating in the retail personalized nutrition and wellness market are investing heavily in providing innovative solutions for adequate nutrition for the individual, which further contributes to the market growth. Companies are investing in improving technologies that can help develop new product lines related to microbiota, nutrition, and digital health.
For example, in November 2020, ADM Ventures announced its investment in Seventure’s Health For Life Capital (HFLC) Fund II. The company is working with the Seventure team to identify opportunities for applying microbiome solutions to the development of nutritional supplements and other food and beverage applications.
As a result, companies are intensely discovering and using new nutrients for the treatment of chronic diseases and common diseases.
In addition, the COVID-19 pandemic is having a positive impact on the growth of the retail personalized nutrition and wellness market. The demand for vitamins, minerals and nutritional supplements is growing exponentially due to their potential role in treating COVID. 19th
Various vitamins and minerals such as vitamin C, vitamin D and zinc have immunomodulatory functions and play an important role in maintaining physical tissue barriers. Therefore, the demand for such nutrients to optimize the immune system to prevent or reduce the risk of COVID-19 infection continues to contribute to the growth of the retail personalized nutrition and wellness market.
Highlights of the Personalized Retail Nutrition and Wellness Market Report
• The repeated referrals segment had the largest share of revenue in 2020 as commercial apps to monitor an individual’s lifestyle and health began to emerge
• In the repeated recommendation segment, the functional foods segment dominated the market in 2020 as commercial products were widely used to analyze patient lifestyle
• The orthopedics, musculoskeletal system and spine segment held a significant market share in 2020 due to the high demand for nutrient-based recommendations for the treatment or prevention of chronic diseases such as cardiovascular disease, obesity and diabetes
• In the firm recommendations segment, the dietary supplements and nutraceuticals segment is expected to experience lucrative growth due to the increasing incidence of lifestyle-based diseases
• North America had the largest share of sales in 2020. The growth in this region is due to the presence of key players and extensive R&D activities
• The Asia Pacific region is expected to see significant growth over the forecast period due to the reduced sequencing price and nutrigenome testing, making it more accessible to the population across the region
• Enterprises in the market bring new personalized nutritional products to the market. For example, in April 2020 Nestlé launched NESQINO, a personalized range of healthy drinks made from 100 percent natural ingredients
Read the full report: https://www.reportlinker.com/p05868753/?utm_source=GNW
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