Health And Wellness Industry Statistics 2020
2020 will be the year of self care with these top health and wellness trends wellness enthusiasts are already looking ahead to forecast how they ll take their self care to the next level.
Health and wellness industry statistics 2020. In 2020 wellness will be seen as something accessible to everyone. The health and wellness industry in retail sales for nutrition food and beverages have hit over 200 billion in industry worth. The global wellness market is estimated to reach 4 75 trillion in 2019.
Wellness expenditures 4 5 trillion are more than half as large as total global health expenditures 7 8 trillion based on who data. The world in 2020 will be on thin ice both in real terms accelerating global warming a us election deepening political tribalism a hard brexit hindu nationalism in india leading to national fracturing etc etc but also metaphorically. 2019 saw health and wellness trends take hold in a larger than ever group of food and beverage categories.
Health and wellness market segments. In the uk the health and wellness industry is worth 24 1 billion as of 2019 and predicted to be 25 6 billion in 2020. Revenue for the health and wellness spas industry has been adjusted to decline an estimated 7 7 percent in 2020 as a result of falling demand for industry services due to the inability to.
The following segments. It s a new year a new decade and a new chance to become your best self. 2020 health and wellness industry statistics editor s pick the overall wellness market was valued at 4 2 trillion during 2017.
The domination of animal products across categories is just one example of the democratisation of a trend once relegated to premium products. These are the 10 wellness trends that will have the biggest impact on the 4 5 trillion global wellness industry in 2020. The following statistics is a break down of the overall impact of the health and wellness industry.
In previous decades the mind body connection wasn. The global wellness industry is a 3 7 trillion market. The industry grew by 6 4 percent annually from 2015 2017 from a 3 7 trillion to a 4 2 trillion market nearly twice as fast as global economic growth 3 6 percent annually based on imf data.