Health and Wellness Market

“Health and Wellness Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the global health and wellness market. Health and wellness refer to complete physical, mental, emotional, social, spiritual, and intellectual wellbeing of individuals, which is essential for leading a fulfilling life. It encompasses various components, such as weight management, nutrition, exercise, personal care, and preventative medicine. Individuals seek treatments from health spas and thermal and mineral springs, which also form an integral part of the health and wellness industry.

The global market is majorly driven by the increasing prevalence of lifestyle disorders across the globe due to the sedentary lifestyles led by the masses. This has encouraged individuals to seek various wellness activities, such as meditation, running, and yoga, as a preventive measure to reduce the risks of developing medical ailments and health complications.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the health and wellness market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the health and wellness market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the health and wellness market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the health and wellness Industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the health and wellness Industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the health and wellness Industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the health and wellness Industry. Furthermore, the value chain analysis of the health and wellness Industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Segmentation by Product Type:

• Fitness Equipment
• Preventive and Personalized Health
• Wellness Tourism
• Beauty and Personal Care Products
• Health and Wellness Food

Segmentation by Region:

• Asia-Pacific
• Europe
• Latin America
• North America
• Middle East & Africa

Competitive Landscape:

• Cybex International
• Danone
• General Mills
• Omron Healthcare
• Procter & Gamble

The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the health and wellness industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the health and wellness industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the health and wellness industry. Furthermore, the value chain analysis of the health and wellness industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing and sales of the products, and their distribution.

Highlights of the Global Health and Wellness Market

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the health and wellness industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.