Press release
Market Demand : Health and Wellness Market Globally Grow at a CAGR of 5.9% by Revenue During the Period 2017-2020
ALBANY, New York, Feb 08, 2017 : Health and wellness products help in attaining a state of overall physical, mental, and social well-being, in addition to the absence of disease. These products help manage weight, improve stamina, develop muscular strength, and treat certain medical issues. The focus of health and wellness products is not just to reduce the death rate but also to increase life expectancy.Technavios analysts forecast the global health and wellness market to grow at a CAGR of 5.9% during the period 2016-2020.
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Covered :
The report covers the present scenario and the growth prospects of the global health and wellness market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of following product categories:
Health and wellness food
Beauty and personal care products
Wellness tourism
Preventive and personalized health
Fitness equipment
Segments based on geography:
North America
APAC
Europe
ROW
Technavio's report, Global Health and Wellness Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Cybex International Inc.
Danone
General Mills Inc.
Omron Healthcare Inc.
Procter & Gamble
Other prominent vendors
Abbott Nutrition
Adidas
Amway
Accell Fitness
Asian Sports & Enterprises
Bayer HealthCare
BSN
BASF
Body Solid
Bullworker Enterprises
Champion Nutrition
Clif Bar
Creative Bioscience
Cytosport
Gaia Herbs
Glanbia
GNC
GSK
Herbalife
Herb Pharm
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Key driver
Growing demand for health and wellness products from older population
For a full, detailed list, view our report
Key challenge
Limited availability of personalized beauty care products in developing regions
For a full, detailed list, view our report
Key trend
Introduction of innovative packaging
For a full, detailed list, view our report
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