The market research analysts have predicted the health and wellness market to witness considerable growth during the period 2020-2024.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

The market segmentation by product includes:
Health and wellness food
Wellness tourism
Beauty and personal care products
Preventive and personalized health
Fitness equipment
Geographic segmentation of global health and wellness market covers: North America, Europe, Asia, and Rest of the World (RoW)

This study identifies growing influence of thermal and mineral springs and spas as one of the prime reasons driving the health and wellness market growth during the next few years.

Rising demand for organic, eco-friendly, clean-labeled, and sustainable health and wellness products, and growing number of distribution deals, technological associations, collaborations, and acquisitions, will lead to sizable demand in the market.

increasing emphasis on promotion of health and wellness activities and programs, increasing incidences on chronic diseases, stress, and other adverse health conditions, and rising number of new product launches in market will impact growth of the market over the forecast period.

There will be negative impact on the growth of the market due to frequent product recalls, lack of cost transparency and value based payments, and high degree of disorganization, price instability, and lack of skilled man power.

According to our analysis Bayer AG, Brunswick Corp., Danone SA, Nestlé SA, and Procter & Gamble Co. are some of the players in this market.

Key highlights of the global health and wellness market for the period 2020-2024:
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will accelerate the growth of the health and wellness market during the next five years
Precise estimation of the global 2020-2024 market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
Growth of the health and wellness market across various geographies such as North America, Europe, Asia, and Rest of the World (RoW)
A thorough analysis of the market’s competitive landscape and detailed information on around 25 vendors
Comprehensive information about factors that will challenge the growth of airfreight forwarding market companies