Global Health And Wellness Market 2023-2027
The health and wellness market is forecasted to grow by USD 1,661.81 bn during 2022-2027, accelerating at a CAGR of 6.49% during the forecast period. The report on the health and wellness market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing emphasis on promotion of health and wellness activities and programs, increasing incidences of chronic diseases, stress, and other adverse health conditions, and rising number of new product launches in market.
Technavio's health and wellness market is segmented as below:
- By Distribution Channel
- Online
- Offline
- By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the growing influence of thermal and mineral springs and spas as one of the prime reasons driving the health and wellness market growth during the next few years. Also, growing market of sustainable health and wellness products and growing number of distribution deals, technological associations, collaborations, and acquisitions will lead to sizable demand in the market.
The report on the health and wellness market covers the following areas:
- Health and wellness market sizing
- Health and wellness market forecast
- Health and wellness market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading health and wellness market vendors that include adidas AG, Amway Corp., Bayer AG, Beiersdorf AG, Core Health and Fitness LLC, Danone SA, David Lloyd Leisure Ltd., General Mills Inc., Glooko Inc., Herbalife International of America Inc, Johnson Health Tech Co. Ltd., LOreal SA, Nestle SA, Ogilvie and Co., PepsiCo Inc., RSG Group GmbH, Shiseido Co. Ltd., The Procter and Gamble Co., Unilever PLC, and Vitabiotics Ltd.. Also, the health and wellness market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.