Predictions on the future of the health and wellness industry
According to Research and Markets, ‘The global health and wellness market reached a value of US$ 3.31 Billion in 2020.’ Predictions indicate that the market will reach a value of ‘US$ 4.24 Billion by 2026, exhibiting a CAGR of 4.10% during 2021-2026,’ (R&M 2021). Mckinsey explains that the market consists of six primary areas. These include improved health, better fitness, increased fitness, enhanced appearance, better sleep, and improved mindfulness. (Mckinsey 2020). Each area of wellness includes many different products and […]