Global Wellness Market Grows to $5.6 Trillion
January 30, 2024 | Terry Sharrer
“Global wellness drew $5.6 trillion in revenue in 2022 and is poised to generate $8.5 trillion by 2027, according to a new report from industry group Global Wellness Institute, as overlaps with healthcare expand. The institute accounts for 11 dimensions of wellness with the largest being personal care and beauty ($1.09 trillion); healthy eating, nutrition and weight loss ($1.08 trillion); and physical activity ($976 billion). Wellness tourism and real estate, traditional and complementary medicine, public health and personalized medicine, and mental wellness make up other subsectors.” MORE
Image Credit: University of California, Bakersfield