Mexico - Latin America Personalized Retail Nutrition And Wellness Market
- Pharmaceuticals
- Complementary And Alternative Medicine
- personalized retail nutrition wellness market
- Complementary And Alternative Medicine
Global Market
Related Markets
Ask a question about the personalized retail nutrition wellness market
Mexico personalized retail nutrition and wellness market highlights
- The Mexico personalized retail nutrition and wellness market generated a revenue of USD 28.4 million in 2022 and is expected to reach USD 65.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11% 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 28.4 million |
| Market revenue in 2030 | USD 65.6 million |
| Growth rate | 11% (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, Mexico accounted for 0.9% 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 Latin America, Brazil personalized retail nutrition and wellness market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 108.9 million by 2030.
One of the main causes of deaths in Mexico is diabetes mellitus, which is a long-term metabolic disorder. Another major health concern in the country is the rise in prevalence of obesity. To curb such conditions, maintaining a healthy lifestyle is must. Thus, there are huge growth opportunities in Mexico for companies offering personalized nutrition and wellness products.
In addition, in 2014, the Mexican government imposed a tax on sugary drinks to encourage people to consume healthy food & beverages and increase awareness about the ill effects of artificial sugars and fast food on health. This move significantly influenced the market with a steep drop of 12% in the sales of sugary beverages in the country in 2014.
No credit card required*
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Personalized Retail Nutrition Wellness Market
Personalized Retail Nutrition Wellness Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bayer AG | View profile | 99,723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | www.bayer.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | www.cargill.com |
| Nature's Brands | View profile | 11-50 | Chattanooga, Tennessee, United States, North America | www.naturesbrands.com/ |
| Noom | View profile | 1001-5000 | New York, New York, United States, North America | www.noom.com |
| PlateJoy | View profile | 1-10 | Cambridge, Massachusetts, United States, North America | platejoy.com |
| Better Therapeutics Inc | View profile | 54 | 548 Market Street, Suite 49404, San Francisco, CA, United States, 94104 | www.bettertx.com |
| Prenetics Global Ltd Class A | View profile | 320 | Unit 703-706, K11 Atelier King’s Road, 728 King’s Road, Quarry Bay, Hong Kong, Hong Kong | www.prenetics.com |
Mexico - Latin America personalized retail nutrition wellness market
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 46.13% in 2022.
Horizon Databook has segmented the Mexico - Latin America 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.
One of the main causes of deaths in Mexico is diabetes mellitus, which is a long-term metabolic disorder. Another major health concern in the country is the rise in prevalence of obesity. To curb such conditions, maintaining a healthy lifestyle is must. Thus, there are huge growth opportunities in Mexico for companies offering personalized nutrition and wellness products.
In addition, in 2014, the Mexican government imposed a tax on sugary drinks to encourage people to consume healthy food & beverages and increase awareness about the ill effects of artificial sugars and fast food on health. This move significantly influenced the market with a steep drop of 12% in the sales of sugary beverages in the country in 2014.
- Mexico - Latin America Personalized Retail Nutrition And Wellness Market Type Outlook (Revenue, USD Million , 2018-2030)
- Fixed Recommendation
- Repeat Recommendation
- Continuous Recommendation
- Personalized Testing
Reasons to subscribe to personalized retail nutrition wellness market databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of personalized retail nutrition wellness market databook
- Our clientele includes a mix of personalized retail nutrition wellness market companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- 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 Mexico - Latin America personalized retail nutrition wellness market, including forecasts for subscribers. This country databook contains high-level insights into Mexico - Latin America personalized retail nutrition wellness market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - Latin America Personalized Retail Nutrition And Wellness Market, 2018-2030 (US$M)
Mexico personalized retail nutrition wellness market statistics, by type, 2018-2030 (US$M)
