market health wellness figure value million sales
Health and Wellness MarketThe global health and wellness market reached a value of US$ 3.31 Billion in2020. Health and wellness refer to the state of complete wellbeing of thebody, mind and spirit. Some of the important aspects of the health andwellness industry include personal care/beauty, nutrition, weight management,fitness, preventive/personalized medicine, etc. Apart from this, servicesbased on wellness real estate, wellness tourism, health spas and thermal andmineral springs are also offered to consumers and form an integral operationalpart of the industry.The growing prevalence of chronic lifestyle diseases across the globe is oneof the key factors driving the growth of the market. Owing to the sedentarylifestyles and hectic schedules, the prevalence of diabetes, blood pressure,asthma, arthritis, cancer, dementia and other stress-related disorders hasincreased significantly. This has encouraged the masses to adopt varioushealthcare activities, including yoga, meditation and athletics. Furthermore,the emerging trend of using wearable devices, such as fitness bands andtrackers, is also providing a boost to the market growth. Additionally, therapid growth of the wellness tourism and mineral spas sectors is also drivingthe market. Spa operators use specialized therapeutic waters, such as iodine-bromine and Malkinskaya mineral water, to treat various cardiovascularailments, rheumatism, spinal column ailments, circulation disorders, asthmaand bronchitis. Other factors, including rapid urbanization and risingdisposable incomes, along with the increase in the number of health-consciousconsumers across the globe, are projected to drive the market further. Lookingforward, IMARC Group expects the global health and wellness market to reach avalue of US$ 4.24 Billion by 2026, exhibiting a CAGR of 4.10% during2021-2026. Breakup by Product Type: * Functional Foods and Beverages * Beauty and Personal Care Products * Preventive and Personalized Medicinal Products * OthersBreakup 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 ofthe being Amway Corp., Bayer AG, Danone, David Lloyd Leisure Ltd., FitnessFirst, 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 reached a value of US$ 3.31 Billion in2020According to the estimates by IMARC Group, the global health and wellnessmarket to reach a value of US$ 4.24 Billion by 2026, exhibiting a CAGR of4.10% during 2021-2026.The growing prevalence of chronic diseases due to unhealthy dietary patternsand sedentary consumer lifestyles represents one of the key factors impellingthe 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 marketgrowth.The market experienced a positive impact on account of the sudden outbreak ofthe COVID-19 pandemic as consumers are focusing on maintaining good health andwellness for mitigating the risk of coronavirus transmission.On the basis of the product type, the market has been bifurcated intofunctional foods and beverages, beauty and personal care products, preventiveand personalized medicinal products, fitness equipment, and others. In thissegment, beauty and personal care products accounts for the largest marketshare.Based on the functionality, the market has been segmented into nutrition andweight 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, AsiaPacific, Middle East and Africa, and Latin America. In this segment, NorthAmerica 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 8.5.5 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 FiguresFigure 1: Global: Health and Wellness Market: Major Drivers and Challenges Figure 2: Global: Health and Wellness Market: Sales Value (in Billion US$),2015-2020 Figure 3: Global: Health and Wellness Market: Breakup by Product (in %), 2020 Figure 4: Global: Health and Wellness Market: Breakup by Functionality (in %),2020 Figure 5: Global: Health and Wellness Market: Breakup by Region (in %), 2020 Figure 6: Global: Health and Wellness Market Forecast: Sales Value (in BillionUS$), 2021-2026 Figure 7: Global: Health and Wellness (Functional Food and Beverages) Market:Sales Value (in Million US$), 2015 & 2020 Figure 8: Global: Health and Wellness (Functional Food and Beverages) MarketForecast: Sales Value (in Million US$), 2021-2026 Figure 9: Global: Health and Wellness (Beauty and Personal Care Products)Market: Sales Value (in Million US$), 2015 & 2020 Figure 10: Global: Health and Wellness (Beauty and Personal Care Products)Market Forecast: Sales Value (in Million US$), 2021-2026 Figure 11: Global: Health and Wellness (Preventive and Personalized MedicinalProducts) Market: Sales Value (in Million US$), 2015 & 2020 Figure 12: Global: Health and Wellness (Preventive and Personalized MedicinalProducts) Market Forecast: Sales Value (in Million US$), 2021-2026 Figure 13: Global: Health and Wellness (Others) Market: Sales Value (inMillion US$), 2015 & 2020 Figure 14: Global: Health and Wellness (Others) Market Forecast: Sales Value(in Million US$), 2021-2026 Figure 15: Global: Health and Wellness (Nutrition & Weight Management) Market:Sales Value (in Million US$), 2015 & 2020 Figure 16: Global: Health and Wellness (Nutrition & Weight Management) MarketForecast: Sales Value (in Million US$), 2021-2026 Figure 17: Global: Health and Wellness (Heart & Gut Health) Market: SalesValue (in Million US$), 2015 & 2020 Figure 18: Global: Health and Wellness (Heart & Gut Health) Market Forecast:Sales Value (in Million US$), 2021-2026 Figure 19: Global: Health and Wellness (Immunity) Market: Sales Value (inMillion US$), 2015 & 2020 Figure 20: Global: Health and Wellness (Immunity) Market Forecast: Sales Value(in Million US$), 2021-2026 Figure 21: Global: Health and Wellness (Bone Health) Market: Sales Value (inMillion US$), 2015 & 2020 Figure 22: Global: Health and Wellness (Bone Health) Market Forecast: SalesValue (in Million US$), 2021-2026 Figure 23: Global: Health and Wellness (Skin Health) Market: Sales Value (inMillion US$), 2015 & 2020 Figure 24: Global: Health and Wellness (Skin Health) Market Forecast: SalesValue (in Million US$), 2021-2026 Figure 25: Global: Health and Wellness (Others) Market: Sales Value (inMillion US$), 2015 & 2020 Figure 26: Global: Health and Wellness (Others) Market Forecast: Sales Value(in Million US$), 2021-2026 Figure 27: North America: Health and Wellness Market: Sales Value (in MillionUS$), 2015 & 2020 Figure 28: North America: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 29: United States: Health and Wellness Market: Sales Value (in MillionUS$), 2015 & 2020 Figure 30: United States: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 31: Canada: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 32: Canada: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 33: Europe: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 34: Europe: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 35: Germany: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 36: Germany: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 37: France: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 38: France: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 39: United Kingdom: Health and Wellness Market: Sales Value (in MillionUS$), 2015 & 2020 Figure 40: United Kingdom: Health and Wellness Market Forecast: Sales Value(in Million US$), 2021-2026 Figure 41: Italy: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 42: Italy: Health and Wellness Market Forecast: Sales Value (in MillionUS$), 2021-2026 Figure 43: Spain: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 44: Spain: Health and Wellness Market Forecast: Sales Value (in MillionUS$), 2021-2026 Figure 45: Russia: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 46: Russia: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 47: Others: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 48: Others: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 49: Asia Pacific: Health and Wellness Market: Sales Value (in MillionUS$), 2015 & 2020 Figure 50: Asia Pacific: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 51: China: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 52: China: Health and Wellness Market Forecast: Sales Value (in MillionUS$), 2021-2026 Figure 53: Japan: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 54: Japan: Health and Wellness Market Forecast: Sales Value (in MillionUS$), 2021-2026 Figure 55: India: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 56: India: Health and Wellness Market Forecast: Sales Value (in MillionUS$), 2021-2026 Figure 57: South Korea: Health and Wellness Market: Sales Value (in MillionUS$), 2015 & 2020 Figure 58: South Korea: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 59: Australia: Health and Wellness Market: Sales Value (in MillionUS$), 2015 & 2020 Figure 60: Australia: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 61: Indonesia: Health and Wellness Market: Sales Value (in MillionUS$), 2015 & 2020 Figure 62: Indonesia: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 63: Others: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 64: Others: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 65: Latin America: Health and Wellness Market: Sales Value (in MillionUS$), 2015 & 2020 Figure 66: Latin America: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 67: Brazil: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 68: Brazil: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 69: Mexico: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 70: Mexico: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 71: Argentina: Health and Wellness Market: Sales Value (in MillionUS$), 2015 & 2020 Figure 72: Argentina: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 73: Columbia: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 74: Columbia: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 75: Chile: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 76: Chile: Health and Wellness Market Forecast: Sales Value (in MillionUS$), 2021-2026 Figure 77: Peru: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 78: Peru: Health and Wellness Market Forecast: Sales Value (in MillionUS$), 2021-2026 Figure 79: Others: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 80: Others: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 81: Middle East and Africa: Health and Wellness Market: Sales Value (inMillion US$), 2015 & 2020 Figure 82: Middle East and Africa: Health and Wellness Market Forecast: SalesValue (in Million US$), 2021-2026 Figure 83: Turkey: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 84: Turkey: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 85: Saudi Arabia: Health and Wellness Market: Sales Value (in MillionUS$), 2015 & 2020 Figure 86: Saudi Arabia: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 Figure 87: Iran: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 88: Iran: Health and Wellness Market Forecast: Sales Value (in MillionUS$), 2021-2026 Figure 89: United Arab Emirates: Health and Wellness Market: Sales Value (inMillion US$), 2015 & 2020 Figure 90: United Arab Emirates: Health and Wellness Market Forecast: SalesValue (in Million US$), 2021-2026 Figure 91: Others: Health and Wellness Market: Sales Value (in Million US$),2015 & 2020 Figure 92: Others: Health and Wellness Market Forecast: Sales Value (inMillion US$), 2021-2026 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 AnalysisList of TablesTable 1: Global: Health and Wellness Market: Key Industry Highlights, 2020 and2026 Table 2: Global: Health and Wellness Market Forecast: Breakup by Product (inMillion US$), 2021-2026 Table 3: Global: Health and Wellness Market Forecast: Breakup by Functionality(in Million US$), 2021-2026 Table 4: Global: Health and Wellness Market Forecast: Breakup by Region (inMillion US$), 2021-2026 Table 5: Global: Health and Wellness Market: Competitive Structure Table 6: Global: Health and Wellness Market: Key Players