(MENAFN- The Expresswire) Health and Wellness Market Size 2019 – Global Industry Share, Comprehensive Study, Trends, Demand Status, and Regional Forecast to 2023
Posted on Oct 15 2019 5:07 AM
"Health and Wellness Market analyse the global Health and Wellness market size (value & volume) by company, key regions, products and end user, breakdown data from 2013 to 2017, and forecast to 2023.
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Global ' Health and Wellness Market report 2019 provides the most recent market patterns like market development, openings, growth rate, size and share. Global Health and Wellness market report includes an introduction to new trends that can guide the organizations performing in the industry to comprehend the market and increase the procedures for their business development individually. In the end, the report includes Health and Wellness new project SWOT analysis, investment feasibility analysis, investment return examination, and advancement pattern investigation.
Global Health and Wellness market is expected to grow at a CAGR of about 6% during the period 2019-2023.
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The report also focuses on global major leading industry players of Global Health and Wellness market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
About Health and Wellness Market:
One of the major drivers expected to drive the growth of the market during the forecast period is the increased emphasis on effective health and wellness products and a healthy lifestyle by consumers globally. The primary reason driving this increased adoption is the improving economic condition of countries worldwide, which gives liberty to lower- and middle-class consumers to spend more on their health and well-being. Also, many vendors have been focusing on launching free health coaching, giveaway campaigns, community gatherings centered around self-care, nutrition, and others. Many health and wellness brands, including Weight Watchers, Bodybuilding.com, and CrossFit, successfully market their products through social media channels, such as Twitter and Facebook, and they have been instrumental in spreading the popularity of health and wellness products among consumers. Therefore, the rising adoption of health and wellness among all demographics is a significant factor that is estimated to positively impact the growth of the global health and wellness market during the forecast period. Our analysts have predicted that the health and wellness market will register a CAGR of about 6% by 2023.
Leading Key Players of Global Health and Wellness Market:
- Bayer AG
- Brunswick Corp.
- Danone SA
- Nestlé SA
- Procter & Gamble Co.
Health and Wellness Market Report Covers the Regions:
- North America
- Europe
- Asia-Pacific
- South America
- The Middle East and Africa
The Health and Wellness market has been created based on an in-depth market analysis with inputs from industry experts. The report covers the growth prospects over the coming years and discussion of the key vendors.
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Health and Wellness Market Dynamics:
Market Driver: increasing incidences of chronic diseases, stress, and other adverse health conditions
Market Trend: rising demand for organic, eco-friendly, clean-labeled, and sustainable health and wellness products
Market Challenge: lack of cost transparency and value-based payments
The rising number of new products launches in the market
The growth of the global health and wellness market is being propelled by the increasing number of new product launches, especially pertaining to industries like packaged health and wellness food product and beauty and personal care product. Several vendors in the market are focusing on launching a new product named 'Nivea Milk Delights' in women's facewash category in the Indian market. Moreover, they are also starting a high protein drink with zero sugar called Protinex Lite under the brand name Protinex. Vendors have been focusing on innovating the packaged health and wellness food and beauty and personal care products category by including better quality ingredients. Therefore, the rising number of new product launches in the market will drive the growth of the market during the forecast period.
The high degree of disorganization, price instability, and lack of skilled workforce
The low-entry barrier in the global health and wellness market has been the major reason behind the high degree of disorganization prevalent in the health and wellness market, which creates additional pressure on the established and organized players. The opening of numerous small-sized spas and health and wellness centers in numerous developed and developing economies across the world have given rise to price disparity, as such small-sized enterprises offer services at low costs and have an unskilled workforce at their disposal. A lack of appropriate training standards and universally accepted accreditations adversely affects the quality of training being imparted in local academies, thereby leading to a rise in the unskilled workforce. This decreases consumer confidence in availing health and wellness services. Therefore, a high degree of disorganization, lack of skilled workforce, and price instability present a massive threat to the growth of the global health and wellness market.
Some Important Highlights from the Report include:
- The report offers a precise analysis of the product range of the Health and Wellness market, meticulously segmented into applications
- Key details concerning production volume and price trends have been provided.
- The report also covers the market share accumulated by each product in the Health and Wellness market, along with production growth.
- The report provides a brief summary of the Health and Wellness application spectrum that is mainly segmented into Industrial Applications
- Extensive details pertaining to the market share garnered by each application, as well as the details of the estimated growth rate and product consumption to be accounted for by each application have been provided.
- The report also covers the industry concentration rate with reference to raw materials.
- The relevant price and sales in the Health and Wellness market together with the foreseeable growth trends for the Health and Wellness market is included in the report.
- The study offers a thorough evaluation of the marketing strategy portfolio, comprising several marketing channels which manufacturers deploy to endorse their products.
- The report also suggests considerable data with reference to the marketing channel development trends and market position. Concerning market position, the report reflects on aspects such as branding, target clientele and pricing strategies.
- The numerous distributors who belong to the major suppliers, supply chain and the ever-changing price patterns of raw material have been highlighted in the report.
- An idea of the manufacturing cost along with a detailed mention of the labor costs is included in the report.
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Health and Wellness Market 2019-2023 Report TOC Covers:
TOC of Health and Wellness Market Report
PART 01 : EXECUTIVE SUMMARY
PART 02 : SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03 : MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04 : MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05 : FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06 : MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
Health and wellness food - Market size and forecast 2018-2023
Wellness tourism - Market size and forecast 2018-2023
Beauty and personal care products - Market size and forecast 2018-2023
Preventive and personalized health - Market size and forecast 2018-2023
Fitness equipment - Market size and forecast 2018-2023
Market opportunity by product
PART 07 : CUSTOMER LANDSCAPE
PART 08 : GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
APAC - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 09 : DECISION FRAMEWORK
PART 10 : DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11 : MARKET TRENDS
Growing influence of thermal and mineral springs and spas
Rising demand for organic, eco-friendly, clean-labeled, and
sustainable health and wellness products
Growing number of distribution deals, technological associations,
collaborations, and acquisitions
PART 12 : VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13 : VENDOR ANALYSIS
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