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Global Health and Wellness Market to Grow at a CAGR of 5.9% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Health and Wellness Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 04/22/2016 -- Report forecast the global health and wellness market to grow at a CAGR of 5.9% during the period 2016-2020.

Health and wellness products help in attaining a state of overall physical, mental, and social well-being, in addition to the absence of disease. These products help manage weight, improve stamina, develop muscular strength, and treat certain medical issues. The focus of health and wellness products is not just to reduce the death rate but also to increase life expectancy.

The report covers the present scenario and the growth prospects of the global health and wellness market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of following product categories:

- Health and wellness food
- Beauty and personal care products
- Wellness tourism
- Preventive and personalized health
- Fitness equipment

The market is divided into the following segments based on geography:
- North America
- Europe

According to the report, growing demand for health and wellness products from older population drives the market growth. Due to poor diet and absence of physical activity, people are suffering from adverse health effects, leading to major medical problems. These problems are more prevalent among the older population. Between 2010 and 2050, the older population in the less developed countries will increase in number by more than 250%. On the other hand, the older population in developed countries will only increase by 71%. The improvements in longevity and the decline in fertility rates are the prime reasons for the rise in older population.

Further, the report states that limited availability of personalized beauty care products in developing regions poses a major threat to overall market growth during the forecast period.

Global Health and Wellness Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Health and Wellness Market: Cybex International Inc., Danone, General Mills Inc., Omron Healthcare Inc., and Procter & Gamble.

Other Prominent Vendors in the market are: Abbott Nutrition, Adidas, Amway, Accell Fitness, Asian Sports & Enterprises, Bayer HealthCare, BSN, BASF, Body Solid, Bullworker Enterprises, Champion Nutrition, Clif Bar, Creative Bioscience, Cytosport, Gaia Herbs, Glanbia, GNC, GSK, Herbalife, Herb Pharm, ICON Health and Fitness, Johnson & Johnson, Johnson Health Tech, Jerai Fitness, Kellogg, L'Oréal, Lovate Health Sciences, Medtronic, Merck & Co, Myriad Genetics, NBTY, Nature's Bounty, Nautilus, Nestlé, Nike, Nordic Naturals, Nutraceutical, Nutrisystem, Otsuka Holdings, Paramount, Pacific Health Laboratories, PepsiCo, Pfizer, Precor, Rainbow Light Nutritional Systems, Schiff Nutrition Group, Science in Sports (SiS), The Himalaya Drug Company, Unilever, Ultimate Nutrition, Vibrogym, and Yakult.

Market driver
- Growing demand for health and wellness products from older population
- For a full, detailed list, view our report

Market challenge
- Limited availability of personalized beauty care products in developing regions
- For a full, detailed list, view our report

Market trend
- Introduction of innovative packaging
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 78 pages and 28 Exhibit "Global Health and Wellness Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Product segmentation, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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