The global health and wellness market reached a value of US$ 3,294 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 4,277 Billion by 2027, exhibiting a CAGR of 4.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor
Health and wellness refer to the state of complete wellbeing of the body, mind and spirit. Some of the important aspects of the health and wellness industry include personal care/beauty, nutrition, weight management, fitness, preventive/personalized medicine, etc. Apart from this, services based on wellness real estate, wellness tourism, health spas and thermal and mineral springs are also offered to consumers and form an integral operational part of the industry
The growing prevalence of chronic lifestyle diseases across the globe is one of the key factors driving the growth of the market. Owing to the sedentary lifestyles and hectic schedules, the prevalence of diabetes, blood pressure, asthma, arthritis, cancer, dementia and other stress-related disorders has increased significantly. This has encouraged the masses to adopt various healthcare activities, including yoga, meditation and athletics. Furthermore, the emerging trend of using wearable devices, such as fitness bands and trackers, is also providing a boost to the market growth. Additionally, the rapid growth of the wellness tourism and mineral spas sectors is also driving the market. Spa operators use specialized therapeutic waters, such as iodine-bromine and Malkinskaya mineral water, to treat various cardiovascular ailments, rheumatism, spinal column ailments, circulation disorders, asthma and bronchitis. Other factors, including rapid urbanization and rising disposable incomes, along with the increase in the number of health-conscious consumers across the globe, are projected to drive the market further
Breakup by Region
Canada
France
United Kingdom
Italy
Spain
Russia
Japan
India
South Korea
Australia
Indonesia
Mexico
Argentina
Colombia
Chile
Peru
Saudi Arabia
Iran
United Arab Emirates
1. What was the global health and wellness market size in 2021?
2. What will be the global health and wellness market outlook during the forecast period (2022-2027)?
3. What are the global health and wellness market drivers?
4. What are the major trends in the global health and wellness market?
5. What is the impact of COVID-19 on the global health and wellness market?
6. What is the global health and wellness market breakup by product type?
7. What is the global health and wellness market breakup by functionality?
8. What are the major regions in the global health and wellness market?
Health and wellness refer to the state of complete wellbeing of the body, mind and spirit. Some of the important aspects of the health and wellness industry include personal care/beauty, nutrition, weight management, fitness, preventive/personalized medicine, etc. Apart from this, services based on wellness real estate, wellness tourism, health spas and thermal and mineral springs are also offered to consumers and form an integral operational part of the industry
The growing prevalence of chronic lifestyle diseases across the globe is one of the key factors driving the growth of the market. Owing to the sedentary lifestyles and hectic schedules, the prevalence of diabetes, blood pressure, asthma, arthritis, cancer, dementia and other stress-related disorders has increased significantly. This has encouraged the masses to adopt various healthcare activities, including yoga, meditation and athletics. Furthermore, the emerging trend of using wearable devices, such as fitness bands and trackers, is also providing a boost to the market growth. Additionally, the rapid growth of the wellness tourism and mineral spas sectors is also driving the market. Spa operators use specialized therapeutic waters, such as iodine-bromine and Malkinskaya mineral water, to treat various cardiovascular ailments, rheumatism, spinal column ailments, circulation disorders, asthma and bronchitis. Other factors, including rapid urbanization and rising disposable incomes, along with the increase in the number of health-conscious consumers across the globe, are projected to drive the market further
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global health and wellness market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type and functionalityBreakup by Product Type:
- Functional Foods and Beverages
- Beauty and Personal Care Products
- Preventive and Personalized Medicinal Products
- Others
Breakup by Functionality:
- Nutrition & Weight Management
- Heart & Gut Health
- Immunity
- Bone Health
- Skin Health
- Others
Breakup by Region
- North America
Canada
- Europe
France
United Kingdom
Italy
Spain
Russia
- Others
- Asia Pacific
Japan
India
South Korea
Australia
Indonesia
- Others
- Latin America
Mexico
Argentina
Colombia
Chile
Peru
- Others
- Middle East and Africa
Saudi Arabia
Iran
United Arab Emirates
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the being Amway Corp., Bayer AG, Danone, David Lloyd Leisure Ltd., Fitness First, Herbalife Nutrition Ltd., Holland & Barrett Retail Limited, L'Oréal SA, Nestlé SA, Procter & Gamble, Unilever, Vitabiotics Ltd., etc. Key Question Answered in this Report1. What was the global health and wellness market size in 2021?
2. What will be the global health and wellness market outlook during the forecast period (2022-2027)?
3. What are the global health and wellness market drivers?
4. What are the major trends in the global health and wellness market?
5. What is the impact of COVID-19 on the global health and wellness market?
6. What is the global health and wellness market breakup by product type?
7. What is the global health and wellness market breakup by functionality?
8. What are the major regions in the global health and wellness market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Health and Wellness Market
6 Market Breakup by Product Type
7 Market Breakup by Functionality
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
12 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Amway Corp.
- Bayer AG
- Danone
- David Lloyd Leisure Ltd.
- Fitness First
- Herbalife Nutrition Ltd.
- Holland & Barrett Retail Limited
- L'Oréal SA
- Nestlé SA
- Procter & Gamble
- Unilever
- Vitabiotics Ltd.
Methodology
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