NEW YORK, June 17, 2022 /PRNewswire/ — The health and wellness market size is expected to grow by USD 1.39 trillion from 2020 to 2025 at a CAGR of 6.29% as per the latest market report by Technavio. The growing influence of thermal and mineral springs and spas is a major trend supporting the health and wellness market share growth. Increasing requirements to treat varied physical and mental conditions like rheumatism, circulation disorders, improved joint health, spinal column ailments, bronchitis, and asthma have led to a growing demand for thermal/mineral springs and spas worldwide. The growth in the number of operating spas has been observed worldwide due to the increasing demand for spa services by consumers. The above-mentioned factors are expected to positively impact the growth of the global health and wellness market during the forecast period.
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Read the 120-page report with TOC on “Health and Wellness Market Analysis Report by Product (beauty and personal care products, health and wellness food, Wellness tourism, Fitness equipment, and preventive and personalized health) and Geography (North America, Europe, APAC, and South America), and the Segment Forecasts,2021-2025″. Gain competitive intelligence about market leaders. Track key industry opportunities, trends and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/health-and-wellness-market-industry-analysis
Get ready to achieve excellent business outcomes from this exclusive Health and Wellness Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –
- What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
- What is the current trend taking place in the market space?|
- Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
- What are market drivers, restraints, and challenges impacting demand & growth of the market?
- Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
The competitive scenario provided in the Health and Wellness Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Health and Wellness Market Forecast Report – Buy Now!
- Driver: The key factor contributing to the health and wellness market growth is the increased emphasis on effective health and wellness products and a healthy lifestyle by consumers globally. The increasing disposable income of the lower and middle-class consumers is enabling them to spend on health and well-being services and products. Health and wellness brands are successfully marketing their products through social media to capture a larger consumer base. Key vendors are using optimized data from data partners such as eXelate and Data Alliance Inc for promotional activities.
- Challenges: The frequent product recalls will be a major challenge for the health and wellness market during the forecast period. Product recalls not only bring a bad reputation to any industry but also increase the operational and financial constraints for the companies operating in that market.
The health and wellness market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
- Bayer AG
- Brunswick Corp.
- Core Health & Fitness LLC
- Danone SA
- EVOLVE Brands LLC
- General Mills Inc.
- Johnson Health Tech Co. Ltd.
- Nestlé SA
- PepsiCo Inc.
- The Procter & Gamble Co.
- To know about vendor offerings – Click Now!
- Beauty and personal care products – size and forecast 2020-2025
- Health and wellness food – size and forecast 2020-2025
- Wellness tourism – size and forecast 2020-2025
- Fitness equipment – size and forecast 2020-2025
- Preventive and personalized health – size and forecast 2020-2025
- North America – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- APAC – size and forecast 2020-2025
- South America – size and forecast 2020-2025
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| Health And Wellness Market Scope | |
| Report Coverage | Details |
| Page number | 120 |
| Base year | 2020 |
| Forecast period | 2021-2025 |
| Growth momentum & CAGR | Accelerate at a CAGR of 6.29% |
| Market growth 2021-2025 | USD 1.39 trillion |
| Market structure | Fragmented |
| YoY growth (%) | 6.16 |
| Performing market contribution | APAC at 34% |
| Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
| Companies profiled | Bayer AG, Brunswick Corp., Core Health & Fitness LLC, Danone SA, EVOLVE Brands LLC, General Mills Inc., Johnson Health Tech Co. Ltd., Nestlé SA, PepsiCo Inc., and The Procter & Gamble Co. |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
2.1 Market ecosystem
Exhibit 01: Parent market
2.2 Market Characteristics
Exhibit 02: Market Characteristics
2.3 Value chain analysis
Exhibit 03: Value chain analysis for hotels, restaurants, and leisure
2.3.1 Inputs
2.3.2 Inbound logistics
2.3.3 Operations
2.3.5 Marketing and sales
2.3.6 Service
Support activities
Innovations
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 – 2025
Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ billion)
Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Market condition – Five forces 2020
The segments covered in this chapter are:
- Beauty and personal care products
- Health and wellness food
- Wellness tourism
- Fitness equipment
- Preventive and personalized health
Here health and wellness food has shown the maximum growth while personal care products, wellness tourism, fitness equipment and personalised health have the lowest growth.
5.1 Market segments
Exhibit 15: Product – Market share 2020-2025 (%)
5.2 Comparison by Product
Exhibit 16: Comparison by Product
5.3 Beauty and personal care products – Market size and forecast 2020-2025
Exhibit 17: Beauty and personal care products – Market size and forecast 2020-2025 ($ billion)
Exhibit 18: Beauty and personal care products – Year-over-year growth 2020-2025 (%)
5.4 Health and wellness food – Market size and forecast 2020-2025
Exhibit 19: Health and wellness food – Market size and forecast 2020-2025 ($ billion)
Exhibit 20: Health and wellness food – Year-over-year growth 2020-2025 (%)
5.5 Wellness tourism – Market size and forecast 2020-2025
Exhibit 21: Wellness tourism – Market size and forecast 2020-2025 ($ billion)
Exhibit 22: Wellness tourism – Year-over-year growth 2020-2025 (%)
5.6 Fitness equipment – Market size and forecast 2020-2025
Exhibit 23: Fitness equipment – Market size and forecast 2020-2025 ($ billion)
Exhibit 24: Fitness equipment – Year-over-year growth 2020-2025 (%)
5.7 Preventive and personalized health – Market size and forecast 2020-2025
Exhibit 25: Preventive and personalized health – Market size and forecast 2020-2025 ($ billion)
Exhibit 26: Preventive and personalized health – Year-over-year growth 2020-2025 (%)
5.5 Market opportunity by Product
Exhibit 27: Market opportunity by Product
Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
Exhibit 28: ?Customer landscape?
??The regions covered in the report are:
- North America
- Europe
- APAC
- South America
- MEA
North America was the largest region of the market in 2020
7.1 Geographic segmentation
Exhibit 29: Market share by geography 2020-2025 (%)
7.2 Geographic comparison
Exhibit 30: Geographic comparison
7.3 North America – Market size and forecast 2020-2025
Exhibit 31: North America – Market size and forecast 2020-2025 ($ billion)
Exhibit 32: North America – Year-over-year growth 2020-2025 (%)
7.4 Europe – Market size and forecast 2020-2025
Exhibit 33: Europe – Market size and forecast 2020-2025 ($ billion)
Exhibit 34: Europe – Year-over-year growth 2020-2025 (%)
7.5 APAC – Market size and forecast 2020-2025
Exhibit 35: APAC – Market size and forecast 2020-2025 ($ billion)
Exhibit 36: APAC – Year-over-year growth 2020-2025 (%)
7.6 MEA – Market size and forecast 2020-2025
Exhibit 37: MEA – Market size and forecast 2020-2025 ($ billion)
Exhibit 38: MEA – Year-over-year growth 2020-2025 (%)
7.7 South America – Market size and forecast 2020-2025
Exhibit 39: South America – Market size and forecast 2020-2025 ($ billion)
Exhibit 40: South America – Year-over-year growth 2020-2025 (%)
7.8 Key leading countries
Exhibit 41: Key leading countries
7.9 Market opportunity by geography
Exhibit 42: Market opportunity by geography ($ million)
8.1 Market drivers
8.1.1 Increasing emphasis on promotion of health and wellness activities and programs
8.1.2 Increasing incidences of chronic diseases, stress, and other adverse health conditions
8.1.3 Rising number of new product launches in market
8.2 Market challenges
8.2.1 Frequent product recalls
8.2.2 Lack of cost transparency and value-based payments
8.2.3 High degree of disorganization, price instability, and lack of skilled manpower
Exhibit 43: Impact of drivers and challenges
8.3 Market trends
8.3.1 Growing influence of thermal and mineral springs and spas
8.3.2 Rising demand for organic, eco-friendly, clean-labeled, and sustainable health and wellness products
8.3.3 Growing number of distribution deals, technological associations, collaborations, and acquisitions
Exhibit 44: Vendor landscape
9.1 Landscape disruption
Exhibit 45: Landscape disruption
Exhibit 46: Industry risks
9.2 Competitive Lanscape
10.1 Vendors covered
Exhibit 47: Vendors covered
10.2 Market positioning of vendors
Exhibit 48: ?Market positioning of vendors?
10.3 Bayer AG
Exhibit 49: Bayer AG – Overview
Exhibit 50: Bayer AG – Business segments
Exhibit 51: Bayer AG – Key news
Exhibit 52: Bayer AG – Key offerings
Exhibit 53: Bayer AG – Segment focus
10.4 Beiersdorf AG
Exhibit 54: Beiersdorf AG – Overview
Exhibit 55: Beiersdorf AG – Business segments
Exhibit 56: Beiersdorf AG – Key news
Exhibit 57: Beiersdorf AG – Key offerings
Exhibit 58: Beiersdorf AG – Segment focus
10.5 Core Health and Fitness LLC
Exhibit 59: Core Health and Fitness LLC – Overview
Exhibit 60: Core Health and Fitness LLC – Product and service
Exhibit 61: Core Health and Fitness LLC – Key offerings
10.6 Danone SA
Exhibit 62: Danone SA – Overview
Exhibit 63: Danone SA – Business segments
Exhibit 64: Danone SA – Key news
Exhibit 65: Danone SA – Key offerings
Exhibit 66: Danone SA – Segment focus
10.7 General Mills Inc.
Exhibit 67: General Mills Inc. – Overview
Exhibit 68: General Mills Inc. – Business segments
Exhibit 69: General Mills Inc. – Key offerings
Exhibit 70: General Mills Inc. – Segment focus
10.8 Johnson Health Tech Inc.
Exhibit 71: Johnson Health Tech Inc. – Overview
Exhibit 72: Johnson Health Tech Inc. – Product and service
Exhibit 73: Johnson Health Tech Inc. – Key offerings
10.9 Nestle SA
Exhibit 74: Nestle SA – Overview
Exhibit 75: Nestle SA – Business segments
Exhibit 76: Nestle Sa – Key news
Exhibit 77: Nestle SA – Key offerings
Exhibit 78: Nestle SA – Segment focus
10.10 PepsiCo Inc.
Exhibit 79: PepsiCo Inc. – Overview
Exhibit 80: PepsiCo Inc. – Business segments
Exhibit 81: PepsiCo Inc. – Key offerings
Exhibit 82: PepsiCo Inc. – Segment focus
10.11 Shiseido Co. Ltd
Exhibit 83: Shiseido Co. Ltd. – Overview
Exhibit 84: Shiseido Co. Ltd. – Key news
Exhibit 85: Shiseido Co. Ltd. – Key offerings
10.12 The Procter and Gamble Co.
Exhibit 86: The Procter and Gamble Co. – Overview
Exhibit 87: The Procter and Gamble Co. – Business segments
Exhibit 88: The Procter and Gamble Co. – Key news
Exhibit 89: The Procter and Gamble Co. – Key offerings
Exhibit 90: The Procter and Gamble Co. – Segment focus
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 91: Currency conversion rates for US$?
11.3 Research Methodology
Exhibit 92: Research Methodology
Exhibit 93: Validation techniques employed for market sizing?
Exhibit 94: Information sources
11.4 List of abbreviations
Exhibit 95: List of abbreviations
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SOURCE Technavio
