Global Health and Wellness Market 2018-2022 | Health and Wellness Food Segment Dominates the Global Market | Technavio

According to the latest market research report released by Technavio, the global health and wellness market is expected to accelerate at a CAGR of almost 6% during the forecast period. The growing urban population is one of the key factors triggering the growth of the market.

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Technavio has published a new market research report on the global health and wellness market from 2018-2022. (Graphic: Business Wire)

This research report titled ‘Global Health and Wellness Market 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

The market research analysis categorizes the global health and wellness market into the following products:

• Health and wellness food
• Wellness Tourism
• Beauty and personal care products
• Preventive and personalized health
• Fitness equipment

In 2017, the health and wellness food segment accounted for 39.99% of the global market and is projected to reach 40.29% by 2022, exhibiting almost 0.30% increase in market share.

Global health and wellness market: Top emerging trend

Rising cases of mental illness is an emerging trend in the health and wellness space. Some common forms of mental illness include anxiety, depression, fear, insomnia, and stress. If not addressed in their early stages, these illnesses can adversely affect physical health and lead to chronic disorders such as diabetes, heart diseases, obesity, and cancer. Stress can be caused due to environmental pressures such as monetary problems, work, and societal expectations. It can lead to adverse effects on an individual’s lifestyle and health. However, awareness about preventing these illnesses and maintaining a healthy lifestyle is increasing among the young generation. Moreover, to fight mental illness that takes a toll on a person’s life government and other voluntary organizations are creating awareness about the identification and treatment of these illnesses. Therefore, measures such as this are not only expected to reduce the number of mental illness cases, but also boost the overall growth of the health and wellness industry.

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Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

• Market Outline
• Global Health and Wellness Market Overview

Market Insights

• Market Sizing and Forecasts
• Market Growth
• Market Drivers and Challenges
• Key Emerging Trends

Market Segmentation Analysis

• Regional comparison (APAC, Americas, and EMEA)
• Key leading countries
• Market segmentation by product (health and wellness food, wellness tourism, beauty and personal care products, preventive and personalized health, and fitness equipment)

Vendor Landscape

• Vendor classification
• Market positioning of vendors
• Competitive scenario
• Analysis of top vendors (Bayer, BRUNSWICK, Danone, General Mills, Nestlé, and Procter & Gamble)

About Technavio

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 10,000 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.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20180730005696/en/

Technavio Research
Jesse Maida
Media & Marketing Executive
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