Health and wellness are two aspects which are highly valued. All people, disregarding of their age, background, or category, ought to pay attention to these concepts. The motive for this is that when people are healthy, they can emphasize effectively on carrying out several duties and activities. They will also be able to live effective lives and achieve the desired goals and objectives. Living effectual and successful lives is based on being in good bodily and mental health. The global health and wellness market is significantly driven by the high consumer expenditure of a wide range of health and wellness products and services across the world. The growing burden of physical and mental diseases such as depression, cancer, anxiety and various others has a vital role in the development of the trillion dollars health and wellness industry. The increasing personal disposable income, high awareness about the health and wellness products and services among the consumers, increasing government expenditure on the development of advanced healthcare infrastructure, and desire for healthy and active lifestyle among the population are various important factors which propels the growth of the global health and wellness market. On the other hand, the factors such as high cost of the products and services and health hazards are restricting the health and wellness market growth. The Health and Wellness Market is likely to grow at a rate of 5.6% CAGR by 2027.
Health and Wellness Market on the basis of Product Type
• Beauty & Personal Care Products
• Health & Wellness Food
• Wellness Tourism
• Fitness Equipment
• Others
Health and Wellness Market on the basis of Geography
• North America
• Europe
• Asia Pacific
• Rest of the World
The health and wellness market is major segmented by product which is divided into Beauty & Personal Care Products, Health & Wellness Food, Wellness Tourism, Fitness Equipment and Others. Among which the Beauty & Personal Care Products segment have the largest share in the health and wellness market. The growing desire for organic and natural beauty and personal care products has affected the growth of the beauty and personal care goods market. Beauty and personal care products have grown steadily over the years, owing to a beauty-conscious female population. Several other variables, such as rising income, increased awareness of the importance of sustaining long-term attractiveness, developing lifestyle, the introduction of an online shopping model, and the creation of a distribution channel, have continued to boost beauty and personal care product market growth.
According to the health and wellness market based on geography the geographical regions include North America, Europe, Asia Pacific and Rest of the World. The North America region is accounted for the largest share in the market. North America's increasing disposable income, increased health consciousness, robust demand for healthy products, and improved consumer knowledge of health and wellness items all boost demand for health and wellness. Moreover, the presence of several key industry players and the different development methods they have adopted has led significantly to the growth of the North American health and wellness market opportunity in the region.
Chronic diseases, also referred as non-communicable diseases, often occur in mid-thirties after long exposure to unhealthy habits, which include dearth of regular exercise, tobacco use, and consumption of diets which are rich in oversaturated fats, artificial sweeteners, and salt, majorly characterized by "junk foods." This lifestyle results in higher levels of negative outcomes, such as hyperlipidemia, hypertension, diabetes, and being overweight which work individually and additively. In health services which are intended to treat severe diseases, the risk factors are commonly misdiagnosed or poorly treated. Hence, the prevalence of chronic lifestyle diseases across the world is driving the global market.
Significant players operating in the health and wellness market are Amway Corp., Procter & Gamble, David Lloyd Leisure Ltd., Holland & Barrett Retail Limited, Bayer AG, Danone, Fitness First, Herbalife Nutrition Ltd., Unilever Plc, and Vitabiotics Ltd.
Therefore, the concept of health and wellness is being given high priority across the world. Moreover, the people are also being very conscious about their health since, due to the inactive lifestyles causing various chronic diseases which are leading to the problems in life.
• This research report of defines the segmentation of the market in terms of product, application and geography.
• This study evaluates the market on the bases of quantitative and qualitative analysis.
• This report identifies and analyzes the major factors such as propellants, restraints, opportunities and challenges impacting the market.
• This report also provides the profiles of the key competitors along with their progressive strategies such as latest developments in products, joint ventures, mergers and acquisitions and alliances.
1. Executive Summary
2. Industry Outlook
2.1. Industry Overview
2.2. Industry Trends
3. Market Snapshot
3.1. Market Definition
3.2. Market Outlook
3.2.1. Porter Five Forces
3.3. Related Markets
4. Market characteristics
4.1. Market Overview
4.2. Market Segmentation
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. DRO - Impact Analysis
5. Product Type: Market Size & Analysis
5.1. Overview
5.2. Beauty & Personal Care Products
5.3. Health & Wellness Food
5.4. Wellness Tourism
5.5. Fitness Equipment
5.6. Others
6. Geography: Market Size & Analysis
6.1. Overview
6.2. North America
6.3. Europe
6.4. Asia Pacific
6.5. Rest of the World
7. Competitive Landscape
7.1. Competitor Comparison Analysis
7.2. Market Developments
7.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
7.2.2. Product Launches and execution
8. Vendor Profiles
8.1. Amway Corp.
8.1.1. Overview
8.1.2. Financial Overview
8.1.3. Product Offerings
8.1.4. Developments
8.1.5. Business Strategy
8.2. Procter & Gamble
8.2.1. Overview
8.2.2. Financial Overview
8.2.3. Product Offerings
8.2.4. Developments
8.2.5. Business Strategy
8.3. David Lloyd Leisure Ltd.
8.3.1. Overview
8.3.2. Financial Overview
8.3.3. Product Offerings
8.3.4. Developments
8.3.5. Business Strategy
8.4. Holland & Barrett Retail Limited
8.4.1. Overview
8.4.2. Financial Overview
8.4.3. Product Offerings
8.4.4. Developments
8.4.5. Business Strategy
8.5. Bayer AG
8.5.1. Overview
8.5.2. Financial Overview
8.5.3. Product Offerings
8.5.4. Developments
8.5.5. Business Strategy
8.6. Danone
8.6.1. Overview
8.6.2. Financial Overview
8.6.3. Product Offerings
8.6.4. Developments
8.6.5. Business Strategy
8.7. Fitness First
8.7.1. Overview
8.7.2. Financial Overview
8.7.3. Product Offerings
8.7.4. Developments
8.7.5. Business Strategy
8.8. Herbalife Nutrition Ltd.
8.8.1. Overview
8.8.2. Financial Overview
8.8.3. Product Offerings
8.8.4. Developments
8.8.5. Business Strategy
8.9. Unilever Plc
8.9.1. Overview
8.9.2. Financial Overview
8.9.3. Product Offerings
8.9.4. Developments
8.9.5. Business Strategy
8.10. Vitabiotics Ltd
8.10.1. Overview
8.10.2. Financial Overview
8.10.3. Product Offerings
8.10.4. Developments
8.10.5. Business Strategy
9. Analyst Opinion
10. Annexure
10.1. Report Scope
10.2. Market Definitions
10.3. Research Methodology
10.3.1. Data Collation and In-house Estimation
10.3.2. Market Triangulation
10.3.3. Forecasting
10.4. Report Assumptions
10.5. Declarations
10.6. Stakeholders
10.7. Abbreviations
TABLE 1. GLOBAL HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2026 (USD BILLION)
TABLE 2. GLOBAL HEALTH AND WELLNESS MARKET VALUE FOR BEAUTY & PERSONAL CARE PRODUCTS, BY GEOGRAPHY, 2021-2027 (USD BILLION)
TABLE 3. GLOBAL HEALTH AND WELLNESS MARKET VALUE FOR HEALTH & WELLNESS FOOD, BY GEOGRAPHY, 2021-2027 (USD BILLION)
TABLE 4. GLOBAL HEALTH AND WELLNESS MARKET VALUE FOR WELLNESS TOURISM, BY GEOGRAPHY, 2021-2027 (USD BILLION)
TABLE 5. GLOBAL HEALTH AND WELLNESS MARKET VALUE FOR FITNESS EQUIPMENT, BY GEOGRAPHY, 2021-2027 (USD BILLION)
TABLE 6. GLOBAL HEALTH AND WELLNESS MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2021-2027 (USD BILLION)
TABLE 7. NORTH AMERICA HEALTH AND WELLNESS MARKET VALUE, BY COUNTRY, 2021-2027 (USD BILLION)
TABLE 8. NORTH AMERICA HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 9. U.S HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 10. CANADA HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 11. EUROPE HEALTH AND WELLNESS MARKET VALUE, BY COUNTRY, 2021-2027 (USD BILLION)
TABLE 12. EUROPE HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 13. GERMANY HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 14. U.K HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 15. FRANCE HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 16. ITALY HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 17. SPAIN HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 18. ROE HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 19. ASIA PACIFC HEALTH AND WELLNESS MARKET VALUE, BY COUNTRY, 2021-2027 (USD BILLION)
TABLE 20. ASIA PACIFC HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 21. CHINA HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 22. INDIA HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 23. JAPAN HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 24. REST OF APAC HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 25. REST OF WORLD HEALTH AND WELLNESS MARKET VALUE, BY PRODUCT TYPE, 2021-2027 (USD BILLION)
TABLE 26. AMWAY CORP.: FINANCIALS
TABLE 27. AMWAY CORP.: PRODUCTS & SERVICES
TABLE 28. AMWAY CORP.: RECENT DEVELOPMENTS
TABLE 29. PROCTER & GAMBLE: FINANCIALS
TABLE 30. PROCTER & GAMBLE: PRODUCTS & SERVICES
TABLE 31. PROCTER & GAMBLE: RECENT DEVELOPMENTS
TABLE 32. DAVID LLOYD LEISURE LTD.: FINANCIALS
TABLE 33. DAVID LLOYD LEISURE LTD.: PRODUCTS & SERVICES
TABLE 34. DAVID LLOYD LEISURE LTD.: RECENT DEVELOPMENTS
TABLE 35. HOLLAND & BARRETT RETAIL LIMITED: FINANCIALS
TABLE 36. HOLLAND & BARRETT RETAIL LIMITED: PRODUCTS & SERVICES
TABLE 37. HOLLAND & BARRETT RETAIL LIMITED: RECENT DEVELOPMENTS
TABLE 38. BAYER AG: FINANCIALS
TABLE 39. BAYER AG: PRODUCTS & SERVICES
TABLE 40. BAYER AG: RECENT DEVELOPMENTS
TABLE 41. DANONE: FINANCIALS
TABLE 42. DANONE: PRODUCTS & SERVICES
TABLE 43. DANONE: RECENT DEVELOPMENTS
TABLE 44. FITNESS FIRST: FINANCIALS
TABLE 45. FITNESS FIRST: PRODUCTS & SERVICES
TABLE 46. FITNESS FIRST: RECENT DEVELOPMENTS
TABLE 47. HERBALIFE NUTRITION LTD.: FINANCIALS
TABLE 48. HERBALIFE NUTRITION LTD.: PRODUCTS & SERVICES
TABLE 49. HERBALIFE NUTRITION LTD.: RECENT DEVELOPMENTS
TABLE 50. UNILEVER PLC: FINANCIALS
TABLE 51. UNILEVER PLC: PRODUCTS & SERVICES
TABLE 52. UNILEVER PLC: RECENT DEVELOPMENTS
TABLE 53. VITABIOTICS LTD: FINANCIALS
TABLE 54. VITABIOTICS LTD: PRODUCTS & SERVICES
TABLE 55. VITABIOTICS LTD: RECENT DEVELOPMENTS
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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