The global health and wellness market is currently witnessing a healthy growth. 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. Looking forward, IMARC Group expects the market to register a CAGR of around 4% during 2020-2025.
Breakup 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
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Argentina
- Columbia
- Chile
- Peru
- Others
- Middle East and Africa
- Turkey
- 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 Questions Answered in This Report:
The global health and wellness market was worth around US$ 3,342 Billion in 2019
According to the estimates by IMARC Group, the global health and wellness market will exhibit a steady growth during the next five years.
The growing prevalence of chronic diseases due to unhealthy dietary patterns and sedentary consumer lifestyles represents one of the key factors impelling the global health and wellness market growth.
The emergence of smart wearable devices, such as fitness bands and trackers, along with the growing traction towards fitness tracking mobile applications, represents some of the key trends in the global health and wellness market growth.
The market experienced a positive impact on account of the sudden outbreak of the COVID-19 pandemic as consumers are focusing on maintaining good health and wellness for mitigating the risk of coronavirus transmission.
On the basis of the product type, the market has been bifurcated into functional foods and beverages, beauty and personal care products, preventive and personalized medicinal products, fitness equipment, and others. In this segment, beauty and personal care products accounts for the largest market share.
Based on the functionality, the market has been segmented into nutrition and weight management, heart and gut health, immunity, bone health, skin health, and others, where skin health holds the largest market share.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. In this segment, North America dominates the global market.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Health and Wellness Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Product
6.1 Functional Foods and Beverages
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Beauty and Personal Care Products
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Preventive and Personalized Medicinal Products
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Functionality
7.1 Nutrition & Weight Management
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Heart & Gut Health
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Immunity
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Bone Health
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Skin Health
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Europe
8.2.1 Germany
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 France
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 United Kingdom
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 Italy
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Spain
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Russia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Asia Pacific
8.3.1 China
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 Japan
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 India
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 South Korea
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Australia
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Indonesia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Argentina
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.4.4 Columbia
8.4.4.1 Market Trends
8.4.4.2 Market Forecast
8.4.5 Chile
8.4.5.1 Market Trends
8.4.5.2 Market Forecast
8.4.6 Peru
8.4.6.1 Market Trends
8.4.6.2 Market Forecast
8.4.7 Others
8.4.7.1 Market Trends
8.4.7.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Turkey
8.5.1.1 Market Trends
8.5.1.2 Market Forecast
8.5.2 Saudi Arabia
8.5.2.1 Market Trends
8.5.2.2 Market Forecast
8.5.3 Iran
8.5.3.1 Market Trends
8.5.3.2 Market Forecast
8.5.4 United Arab Emirates
8.5.4.1 Market Trends
8.5.4.2 Market Forecast
8.5.7 Others
8.5.7.1 Market Trends
8.5.7.2 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Amway Corp.
12.3.2 Bayer AG
12.3.3 Danone
12.3.4 David Lloyd Leisure Ltd.
12.3.5 Fitness First
12.3.6 Herbalife Nutrition Ltd.
12.3.7 Holland & Barrett Retail Limited
12.3.8 L'Oréal SA
12.3.9 Nestlé SA
12.3.10 Procter & Gamble
12.3.11 Unilever
12.3.12 Vitabiotics Ltd.
List of Figures
Figure 1: Global: Health and Wellness Market: Major Drivers and Challenges
Figure 2: Global: Health and Wellness Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Health and Wellness Market: Breakup by Product (in %), 2019
Figure 4: Global: Health and Wellness Market: Breakup by Functionality (in %), 2019
Figure 5: Global: Health and Wellness Market: Breakup by Region (in %), 2019
Figure 6: Global: Health and Wellness Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 7: Global: Health and Wellness (Functional Food and Beverages) Market: Sales Value (in Million US$), 2014 & 2019
Figure 8: Global: Health and Wellness (Functional Food and Beverages) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 9: Global: Health and Wellness (Beauty and Personal Care Products) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: Global: Health and Wellness (Beauty and Personal Care Products) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: Global: Health and Wellness (Preventive and Personalized Medicinal Products) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Health and Wellness (Preventive and Personalized Medicinal Products) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Health and Wellness (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Health and Wellness (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Health and Wellness (Nutrition & Weight Management) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Health and Wellness (Nutrition & Weight Management) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Health and Wellness (Heart & Gut Health) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Health and Wellness (Heart & Gut Health) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Health and Wellness (Immunity) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Health and Wellness (Immunity) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Health and Wellness (Bone Health) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Health and Wellness (Bone Health) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Health and Wellness (Skin Health) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Health and Wellness (Skin Health) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Health and Wellness (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Health and Wellness (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: North America: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: North America: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: United States: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: United States: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Canada: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Canada: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Europe: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: Europe: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: Germany: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: Germany: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: France: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: France: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: United Kingdom: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: United Kingdom: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: Italy: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: Italy: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: Spain: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: Spain: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: Russia: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: Russia: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: Others: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: Others: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: Asia Pacific: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: Asia Pacific: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: China: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: China: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: Japan: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: Japan: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: India: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: India: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: South Korea: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: South Korea: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: Australia: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: Australia: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: Indonesia: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: Indonesia: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Others: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Others: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Latin America: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Latin America: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Brazil: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Brazil: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Mexico: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Mexico: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: Argentina: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: Argentina: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: Columbia: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: Columbia: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Chile: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Chile: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Peru: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 78: Peru: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 79: Others: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 80: Others: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 81: Middle East and Africa: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 82: Middle East and Africa: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 83: Turkey: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 84: Turkey: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 85: Saudi Arabia: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 86: Saudi Arabia: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 87: Iran: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 88: Iran: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 89: United Arab Emirates: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 90: United Arab Emirates: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 91: Others: Health and Wellness Market: Sales Value (in Million US$), 2014 & 2019
Figure 92: Others: Health and Wellness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 93: Global: Health and Wellness Industry: SWOT Analysis
Figure 94: Global: Health and Wellness Industry: Value Chain Analysis
Figure 95: Global: Health and Wellness Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Health and Wellness Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Health and Wellness Market Forecast: Breakup by Product (in Million US$), 2020-2025
Table 3: Global: Health and Wellness Market Forecast: Breakup by Functionality (in Million US$), 2020-2025
Table 4: Global: Health and Wellness Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 5: Global: Health and Wellness Market: Competitive Structure
Table 6: Global: Health and Wellness Market: Key Players