Health and Wellness Market

Health and Wellness Market Size Reach Around US$ 6.75 Trillion by 2030

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The health and wellness market size was valued at US$ 4 Trillion in 2020 and is expected to reach US$ 6.75 trillion by 2030, expanding at a CAGR of 5.2% from 2021 to 2030.

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Key Driver

  • Rise in prevalence of chronic lifestyle diseases across the globe is a key factor driving the market
  • Prevalence of diabetes, blood pressure, asthma, arthritis, cancer, dementia, and other stress-related disorders has increased significantly, owing to sedentary lifestyles and hectic schedules. People unable to synthesize essential amino acids, vitamins, and other components as well as those who do not get essential nutrition from their diet are prescribed with additional medical supplements.
  • According to the International Diabetes Federation (IDF), the number of people with diabetes in North America stood at around 46 million in 2017, which is expected to increase to 62 million by 2045
  • According to a report published by the World Health Organization in 2018, one in five men and one in six women across the world are diagnosed with cancer during their lifetime. Hence, increase in incidence of chronic diseases is likely to fuel the market during the forecast period.
  • Cardiovascular diseases (CVDs) are a leading cause of death around the world. According to the World Health Organization (WHO), cardiovascular diseases account for nearly 17.9 million deaths every year, which is estimated to be 31% of all global deaths.
  • According to CDC, 18.2 million adults aged 20 and older have CAD (about 6.7%) in the U.S. Two out of every 10 deaths occur due to CAD in adults less than 65 years old.
  • Hence, rise in prevalence of chronic diseases, such as CVDs, Cancer, diabetes, etc., is projected to fuel the global health and wellness market during the forecast period

Key Players

Key players in the global health and wellness market include The Estée Lauder Companies Inc., L’Oréal S.A., Unilever plc, BioThrive Sciences, Abbott Laboratories, Herbalife Nutrition Ltd., Amway Corp., THE BOUNTIFUL COMPANY, Anytime Fitness LLC, Lift Brands, BodyHoliday Saint Lucia, Healing Holidays (Cleveland Travel Ltd.), COMO Hotels and Resorts, Grand Resort Bad Ragaz, and SOUKYA International Holistic Health Centre.

Global Health and Wellness Market: Segmentation

Health and Wellness Market, by Sector

    • Personal Care, Beauty, and Anti-Aging
    • Healthy Eating, Nutrition, and Weight Loss
    • Wellness Tourism
    • Physical Activity
    • Preventive & Personalized Medicine and Public Health
    • Traditional and Complementary Medicine
    • Spa Economy
    • Others

Health and Wellness Market, by Region

    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of Middle East & Africa

Table of Contents

Chapter 1.    Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.    Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.    Executive Summary

3.1.  Market Snapshot

Chapter 4.    Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.     Raw Material Procurement Analysis

4.3.2.     Sales and Distribution Channel Analysis

4.3.3.     Downstream Buyer Analysis

Chapter 5.    Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.     Market Drivers

5.1.2.     Market Restraints

5.1.3.     Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.     Bargaining power of suppliers

5.2.2.     Bargaining power of buyers

5.2.3.     Threat of substitute

5.2.4.     Threat of new entrants

5.2.5.     Degree of competition

Chapter 6.    Competitive Landscape

6.1.1.     Company Market Share/Positioning Analysis

6.1.2.     Key Strategies Adopted by Players

6.1.3.     Vendor Landscape

6.1.3.1.          List of Suppliers

6.1.3.2.          List of Buyers

Chapter 7.    Global Health and Wellness Market, By Sector

7.1.  Health and Wellness Market, by Sector, 2021-2030

7.1.1.     Personal Care, Beauty, and Anti-Aging

7.1.1.1.          Market Revenue and Forecast (2016-2030)

7.1.2.     Healthy Eating, Nutrition, and Weight Loss

7.1.2.1.          Market Revenue and Forecast (2016-2030)

7.1.3.     Wellness Tourism

7.1.3.1.          Market Revenue and Forecast (2016-2030)

7.1.4.     Physical Activity

7.1.4.1.          Market Revenue and Forecast (2016-2030)

7.1.5.     Preventive & Personalized Medicine and Public Health

7.1.5.1.          Market Revenue and Forecast (2016-2030)

7.1.6.     Traditional and Complementary Medicine

7.1.6.1.          Market Revenue and Forecast (2016-2030)

7.1.7.     Spa Economy

7.1.7.1.          Market Revenue and Forecast (2016-2030)

7.1.8.     Others

7.1.8.1.          Market Revenue and Forecast (2016-2030)

Chapter 8.    Global Health and Wellness Market, Regional Estimates and Trend Forecast

8.1.  North America

8.1.1.     Market Revenue and Forecast, by Sector (2016-2030)

8.1.2.     U.S.

8.1.3.     Rest of North America

8.1.3.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.2.  Europe

8.2.1.     Market Revenue and Forecast, by Sector (2016-2030)

8.2.2.     UK

8.2.2.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.2.3.     France

8.2.3.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.2.4.     Rest of Europe

8.2.4.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.3.  APAC

8.3.1.     Market Revenue and Forecast, by Sector (2016-2030)

8.3.2.     India

8.3.2.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.3.3.     China

8.3.3.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.3.4.     Japan

8.3.4.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.3.5.     Rest of APAC

8.3.5.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.4.  MEA

8.4.1.     Market Revenue and Forecast, by Sector (2016-2030)

8.4.2.     GCC

8.4.2.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.4.3.     North Africa

8.4.3.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.4.4.     South Africa

8.4.4.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.4.5.     Rest of MEA

8.4.5.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.5.  Latin America

8.5.1.     Market Revenue and Forecast, by Sector (2016-2030)

8.5.2.     Brazil

8.5.2.1.          Market Revenue and Forecast, by Sector (2016-2030)

8.5.3.     Rest of LATAM

8.5.3.1.          Market Revenue and Forecast, by Sector (2016-2030)

Chapter 9.      Company Profiles

9.1.  The Estée Lauder Companies Inc.

9.1.1.     Company Overview

9.1.2.     Product Offerings

9.1.3.     Financial Performance

9.1.4.     Recent Initiatives

9.2.  L’Oréal S.A.

9.2.1.     Company Overview

9.2.2.     Product Offerings

9.2.3.     Financial Performance

9.2.4.     Recent Initiatives

9.3.  Unilever plc

9.3.1.     Company Overview

9.3.2.     Product Offerings

9.3.3.     Financial Performance

9.3.4.     Recent Initiatives

9.4.  BioThrive Sciences

9.4.1.     Company Overview

9.4.2.     Product Offerings

9.4.3.     Financial Performance

9.4.4.     Recent Initiatives

9.5.  Abbott Laboratories

9.5.1.     Company Overview

9.5.2.     Product Offerings

9.5.3.     Financial Performance

9.5.4.     Recent Initiatives

9.6.  Herbalife Nutrition Ltd.

9.6.1.     Company Overview

9.6.2.     Product Offerings

9.6.3.     Financial Performance

9.6.4.     Recent Initiatives

9.7.  Amway Corp.

9.7.1.     Company Overview

9.7.2.     Product Offerings

9.7.3.     Financial Performance

9.7.4.     Recent Initiatives

9.8.  THE BOUNTIFUL COMPANY

9.8.1.     Company Overview

9.8.2.     Product Offerings

9.8.3.     Financial Performance

9.8.4.     Recent Initiatives

Chapter 10.   Research Methodology

10.1.                 Primary Research

10.2.                 Secondary Research

10.3.                 Assumptions

Chapter 11.   Appendix

11.1.                 About Us

11.2.                 Glossary of Terms

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