Health and Wellness Market Expected to Experience Attractive Growth through 2028

Stratview Research delivers key insights on the Health and Wellness Market. According to Stratview Research, the market is segmented by Sector Type (Beauty and Personal Care, Healthy Eating, Nutrition, and Weight Loss, Wellness Tourism, Physical Activity, Preventive & Personalized Medicine and Public Health, Traditional and Complementary Medicine, Spa Economy, and Others), and by Region.
Market Insights
The report suggests that the overall Health and Wellness Market is likely to rebound at a promising CAGR of 4.9% during the forecast period to reach US$ 6.9 Trillion in 2028.
Market Segments' Analysis
Sector Trends
The market is segmented into, beauty, and personal care, healthy eating, nutrition, and weight loss, wellness tourism, physical activity, preventive & personalized medicine and public health, traditional and complementary medicine, spa economy, and others. Beauty & personal care products occupied the largest share of the market in 2022 & are expected to remain the largest and fastest-growing sector in the market during the forecast period.
Regional insight
North America dominated the market with the highest share in 2022 & is expected to remain the largest market for health and wellness during the forecast period.
Key Players
The following are some of the key players in the health and wellness market:
• Abbott Laboratories
• Amway Corp.
• Anytime Fitness LLC
• BioThrive Sciences
• Herbalife Nutrition Ltd.
• Lift Brands
• L'Oréal S.A.
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for the Health and Wellness market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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