The global health and wellness market is expected to grow at a CAGR of 5.9% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global health and wellness market. 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
Consumer demand for nutritious and healthy snacks has also led to the introduction of innovative packaging. Plastic-based flexible packaging is increasingly replacing metal and glass packaging (especially for food products like functional foods and beverages). This is increasing the demand for flexible, durable, and versatile plastic packaging products and solutions. These products are lightweight, making it less costly than other materials in terms of handling and carrying costs.
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.
- Cybex International Inc.
- General Mills Inc.
- Omron Healthcare Inc.
Procter & Gamble
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Product segmentation
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
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