NEW YORK, June 9, 2021 /PRNewswire/ -- The health and wellness food market is expected to grow by USD 1,299.84 billion, progressing at a CAGR of over 6% during the forecast period.
NEW YORK, June 9, 2021 /PRNewswire/ -- The health and wellness food market is expected to grow by USD 1,299.84 billion, progressing at a CAGR of over 6% during the forecast period.
The increasing emphasis on health and wellness, increasing incidences of chronic diseases, stress, and other adverse health conditions are the major factors propelling the market growth. However, factors such as lack of cost transparency and value-based payments will hamper the market growth.
More details: https://www.technavio.com/report/health-and-wellness-market-industry-analysis
Health And Wellness Food Market: Product Landscape
The health and wellness food market share growth will be significant, and the growth factor is attributed to the increasing number of online beauty and personal care online retail stores such as Nykaa E-Retail Pvt. Ltd. (Nykaa) in India has been fueling the growth of the health and wellness market in the beauty and personal care segment.
Health And Wellness Food Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 32% of the market's overall growth is expected to originate from APAC. China and India are the key markets for health and wellness food in APAC.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Related Reports on Consumer Discretionary Include:
Fast Casual Restaurants Market in the US by Product - Forecast and Analysis 2021-2025: The fast casual restaurants market in the US has the potential to grow by USD 28.80 billion during 2021-2025, according to Technavio. Download PDF Sample
Foodservice Market by Sector, Type, and Geography - Forecast and Analysis 2021-2025: The foodservice market size has the potential to grow by USD 822.31 billion during 2021-2025, according to Technavio. Download PDF Sample
Companies Covered:
What our reports offer:
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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]
Report: www.technavio.com/report/health-and-wellness-market-industry-analysis
SOURCE Technavio
Share this article