Global Health and Wellness Market 2018-2022 | Health and Wellness Food Segment Dominates the Global Market | Technavio
LONDON--(BUSINESS WIRE)--Jul 30, 2018--According to the latest market research report released by Technavio, the global health and wellness market is expected to accelerate at a CAGR of almost 6% during the forecast period. The growing urban population is one of the key factors triggering the growth of the market.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180730005696/en/
Technavio has published a new market research report on the global health and wellness market from 2018-2022. (Graphic: Business Wire)
This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
The market research analysis categorizes the global health and wellness market into the following products:
In 2017, the health and wellness food segment accounted for 39.99% of the global market and is projected to reach 40.29% by 2022, exhibiting almost 0.30% increase in market share.
Global health and wellness market: Top emerging trend
Rising cases of mental illness is an emerging trend in the health and wellness space. Some common forms of mental illness include anxiety, depression, fear, insomnia, and stress. If not addressed in their early stages, these illnesses can adversely affect physical health and lead to chronic disorders such as diabetes, heart diseases, obesity, and cancer. Stress can be caused due to environmental pressures such as monetary problems, work, and societal expectations. It can lead to adverse effects on an individual’s lifestyle and health. However, awareness about preventing these illnesses and maintaining a healthy lifestyle is increasing among the young generation. Moreover, to fight mental illness that takes a toll on a person’s life government and other voluntary organizations are creating awareness about the identification and treatment of these illnesses. Therefore, measures such as this are not only expected to reduce the number of mental illness cases, but also boost the overall growth of the health and wellness industry.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Market Segmentation Analysis
is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at .
View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005696/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: HEALTH FITNESS & NUTRITION RETAIL FOOD/BEVERAGE GENERAL HEALTH
SOURCE: Technavio Research
Copyright Business Wire 2018.
PUB: 07/30/2018 02:48 PM/DISC: 07/30/2018 02:47 PM