The health and wellness market share is estimated to grow at a CAGR of 6.49% between 2022 and 2027. The size of the market is forecast to increase by USD 1,661.81 billion. The health and wellness market will witness a YOY of 6.18% in 2023.
“The increasing emphasis on the promotion of health and wellness activities and programs and growing popularity of thermal and mineral springs and spas will boost the market growth”, says a senior analyst at Technavio.
Technavio’s report on Health and Wellness Market is segmented by distribution channel (online and offline) and geography (North America, Apac, Europe, South America, and Middle East and Africa).
The health and wellness market by the online segment will be significant during 2023-2027. North America will contribute 33% of growth rate during the forecast period. Factors such as the increasing number of new product launches in the packaged health and wellness food sector, and other categories will drive the health and wellness market in North America.
Some of the key health and wellness market vendors are 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.
adidas-group.com- The company offers Aircraft Deicing known as Invoice blower models used for both commercial and military airforces.
amwayglobal.com- The company offers Aircraft Deicing with fuel anti icing additives, TKS for weeping wings deicing systems, and other non corrosive products for ground de icing of aircraft, runways and aprons
Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact on the market in focus. Download the PDF Sample Report
The health and wellness market report covers indepth information about key vendors and their product offerings.
The key driver, trends and challenges, market opportunities and the detailed market impact analysis
Five force analysis to analyze the potential of buyers and suppliers and the competitive industry scenerio.
Health and wellness industry across North America, Apac, Europe, South America, and Middle East and Africa