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Global Health and Wellness Market to Reach US$ 4,277 Billion by 2027, Impelled by Growing Prevalence of Lifestyle Diseases

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Health and Wellness Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global health and wellness market reached a value of US$ 3,294 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4,277 Billion by 2027, exhibiting at a CAGR of 4.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

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.

 

 
 

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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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global health and wellness market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type and functionality.

Breakup by Product Type:

 

 
 

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Breakup by Functionality:

  • Nutrition & Weight Management
  • Heart & Gut Health
  • Immunity
  • Bone Health
  • Skin Health
  • Others
     

Breakup by Region

 

 
 

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  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Functionality, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Turkey, Saudi Arabia, Iran, United Arab Emirates
Companies Covered 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 and Vitabiotics Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product Type
    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 Colombia
           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
        8.5.5 Others
           8.5.5.1 Market Trends
           8.5.5.2 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$), 2016-2021
Figure 3: Global: Health and Wellness Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Health and Wellness Market: Breakup by Functionality (in %), 2021
Figure 5: Global: Health and Wellness Market: Breakup by Region (in %), 2021
Figure 6: Global: Health and Wellness Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 7: Global: Health and Wellness (Functional Food and Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Health and Wellness (Functional Food and Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Health and Wellness (Beauty and Personal Care Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Health and Wellness (Beauty and Personal Care Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Health and Wellness (Preventive and Personalized Medicinal Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Health and Wellness (Preventive and Personalized Medicinal Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Health and Wellness (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Health and Wellness (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Health and Wellness (Nutrition & Weight Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Health and Wellness (Nutrition & Weight Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Health and Wellness (Heart & Gut Health) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Health and Wellness (Heart & Gut Health) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Health and Wellness (Immunity) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Health and Wellness (Immunity) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Health and Wellness (Bone Health) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Health and Wellness (Bone Health) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Health and Wellness (Skin Health) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Health and Wellness (Skin Health) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Health and Wellness (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Health and Wellness (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: North America: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: North America: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: United States: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: United States: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Canada: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Canada: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Europe: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Europe: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Germany: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Germany: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: France: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: France: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: United Kingdom: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: United Kingdom: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Italy: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Italy: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Spain: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Spain: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Russia: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Russia: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Others: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Others: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Asia Pacific: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Asia Pacific: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: China: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: China: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Japan: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Japan: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: India: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: India: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: South Korea: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: South Korea: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Australia: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Australia: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Indonesia: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Indonesia: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Latin America: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Latin America: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Brazil: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Brazil: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Mexico: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Mexico: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Argentina: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Argentina: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Colombia: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Colombia: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Chile: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Chile: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Peru: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Peru: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Middle East and Africa: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Middle East and Africa: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Turkey: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Turkey: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Saudi Arabia: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Saudi Arabia: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Iran: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Iran: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: United Arab Emirates: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: United Arab Emirates: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Others: Health and Wellness Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Others: Health and Wellness Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Health and Wellness Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Health and Wellness Market Forecast: Breakup by Functionality (in Million US$), 2022-2027
Table 4: Global: Health and Wellness Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Health and Wellness Market: Competitive Structure
Table 6: Global: Health and Wellness Market: Key Players


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Key Questions Answered in This Report

The global health and wellness market reached a value of US$ 3,294 Billion in 2021.

According to the estimates by IMARC Group, the global health and wellness market is expected to reach a value of US$ 4,277 Billion by 2027, exhibiting a CAGR of 4.2% during 2022-2027.

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.

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