Health and Wellness Market size to grow by USD 1.39 trillion, Market Research Insights highlight increasing emphasis on the promotion of health and wellness activities and programs as a Key Driver - Technavio
NEW YORK, July 20, 2022 /PRNewswire/ -- According to the research report "Health and Wellness Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast", the market will witness a YOY growth of 6.16% at a CAGR of 6.29% during the forecast period. The report is segmented 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, MEA, and South America). Read Sample Report.
Health and Wellness Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Bayer AG
- Beiersdorf AG
- Core Health and Fitness LLC
- Danone SA
- General Mills Inc.
- Johnson Health Tech Inc.
- Nestle SA
- PepsiCo Inc.
- Shiseido Co. Ltd.
- The Procter and Gamble Co.
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Sample Report.
During the forecast period, APAC will account for 34% of market growth. The largest market in APAC for health and wellness is China. This region's market will expand more quickly than those in other areas. Moreover, the expansion of the health and wellness market in APAC will be facilitated by the rising demand for wellness tourism in the area and government programs that support wellness tourism.
Furthermore, countries such as the US, UK, Germany, China, and France are expected to emerge as prominent markets for Health and Wellness Market during the forecast period.
Know more about this market's geographical distribution along with the detailed analysis of the top regions request sample report.
The health and wellness market share growth in the beauty and personal care products segment will be significant during the forecast period. The size of the worldwide beauty and personal care market has increased as a result of the rise of online beauty and personal care retail stores like Nykaa E-Retail Pvt. Ltd. (Nykaa) in India. The expansion of the consumer base has also been influenced by the rising desire for organic and natural beauty and personal care products.
- Segmentation by Type
- Beauty and Personal care
- Health and wellness food
- Wellness tourism
- Segmentation by Geography
- North America
- Europe
- APAC
- MEA
- South America
Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now!
Related Reports:
Sports Betting Market by Platform and Geography - Forecast and Analysis 2021-2025
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 | $ 1.39 tn |
Market structure | Fragmented |
YoY growth (%) | 6.16 |
Regional analysis | North America, Europe, APAC, MEA, and South America |
Performing market contribution | APAC at 34% |
Key consumer countries | US, UK, Germany, China, and France |
Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled | Bayer AG, Beiersdorf AG, Core Health and Fitness LLC, Danone SA, General Mills Inc., Johnson Health Tech Inc., Nestle SA, PepsiCo Inc., Shiseido Co. Ltd., and The Procter and Gamble Co. |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis 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. |
Table of Contents
1. Executive Summary
2. Market Landscape
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. Market Sizing
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. Five Forces Analysis
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
5. Market Segmentation by Product
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
6. Customer landscape
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
7. Geographic 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. Drivers, Challenges, and Trends
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
9. Vendor Landscape
Exhibit 44: Vendor landscape
9.1 Landscape disruption
Exhibit 45: Landscape disruption
Exhibit 46: Industry risks
9.2 Competitive Lanscape
10. Vendor Analysis
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. Appendix
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
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article