Health and Wellness Market
11 May
2020
Press Release

According to the latest report by IMARC Group, titled “Health and Wellness Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global health and wellness market size reached strong growth in 2018. Health and wellness refer to the state of emotional, physical and mental well-being of an individual. Some of their key aspects include nutrition, personal care, weight management, fitness and preventive medicines. Currently, individuals around the world are spending on health and wellness products owing to inflating income levels and increasing health consciousness.

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Due to sedentary lifestyles, growing health awareness and the increasing prevalence of chronic diseases, such as diabetes and cancer, there is a rise in the demand for organic and natural food products, dietary supplements and fitness equipment. This represents one of the major factors strengthening the health and wellness market growth. Apart from this, service providers in the spa industry are introducing innovations, such as iodine-bromine water and hydropathic healing technique, which is helpful in the treatment of numerous diseases. This, along with an increase in the wellness tourism expenditures and mineral spa sector, is expected to catalyze the demand for health and wellness in the coming years. Looking forward, IMARC Group expects the market to register a CAGR of around 4% during 2020-2025.

Market Breakup by Functionality:

  • Nutrition & Weight Management
  • Heart & Gut Health
  • Immunity
  • Bone Health
  • Skin Health
  • Others

Market Breakup by Application:

  • Functional Foods and Beverages
  • Beauty and Personal Care Products
  • Preventive and Personalized Medicinal Products
  • Fitness Equipment’s
  • Others

Ask Analyst and Download Full Report with List of Figure: https://www.imarcgroup.com/health-wellness-market

Other Related Report by IMARC Group:

North America Laminated Veneer Lumber Market Report 2019-2024
Emergency Escape Breathing Device Market Report 2020-2025
Gluten Free Oats Market Report 2020-2025

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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This post was originally published on Stock Markets News

imarcgroup
imarcgroup
https://www.imarcgroup.com/
[email protected]

IMARC Group is a leading market research company that provides market and business research intelligence across the globe. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. We make an effort to fulfill specific and niche requirements of the industry while balancing the quantum of quality with stipulated time and trace major trends at both the domestic and global levels. The information products and services provided by IMARC cover major technological, scientific and economic developments in industrial, pharmaceutical and high technology organizations.