According to Euromonitor International, the global market for health and wellness offerings reached $686 billion in 2016 and it is expected to grow at a 3.5% CAGR, to $815 billion, by 2021. The global wellness tourism Market was valued at more than USD 650 billion in 2017 and is expected to register a CAGR of 6.81% during the forecast period. Sexual Wellness Market Size, Share, Trends, Analysis Report by Distribution (Retail and Online), Product (Sex Toys, Condoms, Sexual Lubricants, Exotic Lingerie, and Others), Gender (Male and Female), and Geography (North America, Europe, … Based on the wellness sector, the medical wellness market is segmented into complementary and alternative medicine, beauty care and anti-aging (surgical and non-surgical), preventative and personalized medicine, healthy eating, nutrition and weight loss, rejuvenation and others. Many businesses and enterprises in various industry verticals have started implementing health programs for their employees, which will also boost market demand Global market size of the wellness tourism industry in 2015, by segment Leading Asia-Pacific countries in wellness tourism in 2017, by number … The demand for healthcare devices, exercise equipment, organic foods, and supplementary diets has also augmented the growth of the market. A very promising wellness market. The market is primarily driven by increased health awareness and boosted store presence of health and wellness products. The global cannabidiol market is expected to increase from $303m in 2018 to $2.28bn by 2025 while registering a CAGR of 33.5%, according to data compiled by QY Research. Each year, the Global Wellness Summit (GWS) identifies new trends that will have a meaningful impact on the $4.2 trillion wellness industry. From 2015 to 2017 the wellness tourism market grew from $563bn to $639bn, or 6.5% annually – more than twice as fast as the growth of tourism overall, … The research report includes a detailed segmentation by program, end-user, revenue model, delivery model, incentive program, type, industry, and geography. This is a very positive trend that is sure to have great and lasting effects in the long run. According to the GWI, the wellness industry now accounts for over 5% of global economic output, yet the wellness market is often written off as a collection of fads. The global health and wellness market reached a value of US$ 3.31 Billion in 2020. The reduction in the overall healthcare costs of the employee and increasing onset of chronic diseases are expected to boost the market growth. Health and wellness refer to the state of complete wellbeing of the body, mind and spirit. The intent of the study is to provide cutting-edge market analysis and to assist decision-makers with sound investment assessment. Much of the growth estimated in the wellness market is a result of CBD’s recently acquired status as a health and wellness product. The overall wellness market was valued at $4.2 trillion during 2017. For comparison, the $134 billion wellness real estate market is now about 1.5% of the total annual global construction market and about half the size of the global green building industry. By IMARC group, the global health and wellness market breakup by product (Functional Foods and Beverages, Beauty and Personal Care, Preventive and Personalized Medicinal, Fitness Equipments), expects the market to register a CAGR of around 4% during 2020-2025. Wellness Tourism Market - Introduction. The global medical wellness market is segmented into wellness sector and distribution channel. MARKET OVERVIEW "A Healthy group is a Winning group" – all corporates these days immovably have confidence in this idea. Wellness tourism is growing at a rapid pace that rivals the growth rate of the entire travel and tourism industry of the world. The name is pretty self explanatory. Now, in 2019, corporate wellness startups and more established players are pushing the market forward, offering increased efficiency and customization … Defining the Mental Wellness Economy. Our wellness market is thoughtfully curated to optimize your healing and self-care journey beyond our doors. This rapid growth in the health and wellness market is being driven by various factors: The global health & wellness products market driving factors are increasing demand for ready-to-eat snack foods coupled with the convenience of foods. Market size of the wellness tourism industry worldwide 2017-2022 Global market size of the wellness tourism industry in 2015, by segment Amount of wellness … The global corporate wellness market size was valued at USD 52.8 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.0% from 2021 to 2028. The U.S. corporate wellness market size was valued at USD 21.3 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2020 to 2027. The wellness market, which primarily consists of three segments- nutraceuticals, alternate therapies, and fitness and slimming, is also witnessing fast growth. US corporate wellness market size by value to cross USD 19 billion by 2026, growing at a CAGR of over 9% during the forecast period. The global corporate wellness market size is expected to reach USD 93.4 billion by 2028, according to a new report by Grand View Research, Inc. Based on service, the market can be segmented as fitness, health screening, smoking cessation, health risk assessment, stress management, nutrition & weight management, and others. According to FICCI-EY Wellness and Beauty Report, it is expected to reach USD $24 billion by 2020. Corporate Wellness Market Growth & Trends. The growth rate for tourism overall is 3.2% so wellness … Significantly, this is the only wellness forecast that draws from the insights of the 600+ executives who were delegates and presenters at the 2018 Global Wellness … New York, NY – September 30, 2014 – With consumer demand for wellness services and products higher than ever, a landmark study released today by The Global Wellness Institute reveals that the global wellness market is now worth $3.4 trillion, making it nearly three times larger than the $1 trillion* worldwide pharmaceutical industry. Wellness Market . Health and wellbeing tourism sales are 10.7 billion dollars in the MENA countries (the Middle East and North Africa) – a drop in the ocean vs. European sales of 210.8 billion dollars! The Global Wellness Institute’s groundbreaking report, “Defining the Mental Wellness Economy,” focuses on the business of mental wellness—and explores the programs and products that are driving the mental wellness economy in four sub-sectors of this $121 billion global market. The Global Health and Wellness Food Market report covers and evaluates the potential of the Health and Wellness Food Market and presents statistics and information on the size of the market, shares and growth factors. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Workplace Wellness Market Overview: The global workplace wellness market size was valued at $49.81 billion in 2019, and is projected to reach $66.20 billion by … It is believed that since then, the number has continued to increase, given that more and more people showcase an active interest in their overall health and wellness. The wellness travel market is worth $639 billion and has been growing at a rate of 6.5% from 2015–2017. The market is anticipated to exhibit lucrative growth in the coming years due to the rising prevalence of Sexually Transmitted Diseases (STDs) and HIV infection. With Nova Scotia’s largest, most meticulously curated selection of Natural Health and Wellness and Environmentally friendly products, we’re here for you on your journey to bettering your own health and the health of our planet. The U.S. sexual wellness market size was valued at 9.1 billion in 2019 is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2020 to 2027. The market is expected to expand at a CAGR of 7.0% from 2021 to 2028. A great event with several national and local vendors. Global Sexual Wellness Market Analysis and Forecast, 2020-2026: Market Size is Expected to Reach $125.1 Billion by 2026, Rising at a 12.4% CAGR - ResearchAndMarkets.com Global Health & Wellness Products Market: Growth Drivers. Corporate Wellness Market Size & Growth (2020 to 2025) The Size of the Global Corporate Wellness Market was valued at USD 51.5 billion in 2020 and is projected to reach a CAGR of 6.9% during the forecast period 2020 to 2025. The products have been carefully tested and chosen to ensure delivery of the highest quality possible. Global Health and Wellness Market: Geographical Analysis Approximately 75% of large employers and 33% of small companies run wellness programs. Wellness Tourism Market: Geographic Landscape. Wellness Tourism Market 2020-2024: Scope. Corporate Wellness Market The global corporate wellness market is estimated to reach $66 billion in 2022. **** There are now more than 740 wellness real estate and community developments built or in development across 34 countries – a number that grows weekly. Global Workplace Wellness Market: Regional Analysis Wellness Market. GLOBAL SEXUAL WELLNESS MARKET SIZE TO CROSS USD 40 BILLION BY 2025, GROWING AT A CAGR OF 8% DURING THE FORECAST PERIOD. By geography, North America is going to have a lucrative growth during the forecast period. By delivery model, the global workplace wellness market can be classified as onsite and offsite.
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