Health and Wellness Market Size Poised to Hit USD 12.9 trillion by 2031, Driven by a 10.9% CAGR: Insights from AMR

The primary driver of the health and wellness market share is the rising consumer expenditure on a variety of products and services related to health & wellness

PORTLAND, OR, UNITED STATES, September 11, 2024 /EINPresswire.com/ -- Allied Market Research has published a study report titled Health and Wellness Market Size, which was Valued at USD 4.7 trillion in 2021 and is Anticipated to Garner USD 12.9 trillion by 2031, registering a revenue CAGR of 10.9% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐇𝐞𝐚𝐥𝐭𝐡 𝐚𝐧𝐝 𝐖𝐞𝐥𝐥𝐧𝐞𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭?

Increased consumer expenditure on a wide range of health and wellness products and services across the globe is boosting the market growth. The rising burden of mental and physical diseases such as cancer, depression, anxiety, and a variety of others has played a big part in the growth of the health and wellness sector. By Product Type, the beauty & personal care products segment held the highest share in 2021. By region, Asia-Pacific would showcase the fastest CAGR by 2031.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐆𝐫𝐚𝐩𝐡𝐬 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/request-sample/A29258

𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐟 𝐇𝐞𝐚𝐥𝐭𝐡 𝐚𝐧𝐝 𝐖𝐞𝐥𝐥𝐧𝐞𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

• Abbott
• B. Braun Melsungen AG
• L'Oréal
• Nestlé
• General Mills Inc.
• Omron Healthcare, Inc.
• Medtronic
• Koninklijke Philips N.V.
• LifeScan
• Animas LLC
• Johnson & Johnson Services, Inc.
• The Coca-Cola Company
• F. Hoffmann-La Roche Ltd.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐇𝐞𝐚𝐥𝐭𝐡 𝐚𝐧𝐝 𝐖𝐞𝐥𝐥𝐧𝐞𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

The global Health and Wellness Market is analyzed across Product Type, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

By Product Type, the Beauty & Personal Care Products segment held the largest share in 2021, garnering around one-fourth of the global Health and Wellness Market revenue, and is projected to maintain its dominance by 2031. The Health & Wellness Food segment, on the other hand, would showcase the fastest CAGR of 11.6% during the forecast period.

By region, Asia-Pacific held the major share in 2021, garnering nearly half of the global Health and Wellness Market revenue. The same region would also showcase the fastest CAGR of 11.3% from 2022 to 2031. The other provinces studied through the report include Europe, North America, and LAMEA.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/purchase-enquiry/29708

Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
• Which region has more opportunities?

By Region Outlook

• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

Contact Details:

David Correa
USA/Canada (Toll-Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X