Global Health and Wellness Market 2019-2023: Rising Demand for Organic, Eco-Friendly, Clean-Labeled, and Sustainable Health and Wellness Products – ResearchAndMarkets.com | Business Wire

DUBLIN–(BUSINESS WIRE)–The “Global

Health and Wellness Market 2019-2023” report has been added to ResearchAndMarkets.com’s

offering.

The health and wellness market will register a CAGR of about 6% by 2023.

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. Others. Many health and wellness brands, including Weight

Watchers, Bodybuilding.com. CrossFit, successfully market their

products through social media channels, such as Twitter and Facebook,

and they've 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's estimated to positively

impact the growth of the global health and wellness market during the

forecast period.

Market Overview

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're 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.

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. Price instability present a massive threat to the

growth of the global health and wellness market.

Competitive Landscape

The market appears to be moderately fragmented. The presence of several

companies including Bayer AG and Brunswick Corp. makes the competitive

environment quite intense. Factors such as the rising number of new

product launches in the market and the increasing emphasis on the

promotion of health and wellness activities and programs will provide

significant growth opportunities to the health and wellness companies.

Danone SA, Nestle SA. Procter &. Gamble Co. are some of the major

companies covered in this report.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface

  • 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.

    sustainable health and wellness products

  • Growing number of distribution deals, technological

    associations,collaborations. Acquisitions

PART 12: VENDOR LANDSCAPE

  • Overview

  • Landscape disruption

  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered

  • Vendor classification

  • Market positioning of vendors

  • Bayer AG

  • Brunswick Corp.

  • Danone SA

  • Nestle SA

  • Procter &. Gamble Co.

For more information about this report visit https://www.researchandmarkets.com/r/ayll0w

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Related Topics: Healthcare Services, Health Food and Sports Nutrition