Market Overview:
The global health and wellness products market is expected to grow at a CAGR of 7.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing awareness about the benefits of health and wellness products, rising disposable income, and growing demand for healthy lifestyle options. The global health and wellness products market is segmented on the basis of type into functional foods, functional beverages, supplements, and personal care products. Functional foods are further sub-segmented into fortified foods/functional food additives and probiotic drinks/yogurt. Functional beverages are further sub-segmented into sports drinks, energy drinks, iced tea & coffee drinks with added nutrients/vitamins & minerals), fruit juices with added nutrients/vitamins & minerals), bottled water with added vitamins & minerals). Supplements are further sub-segmented into dietary supplements (herbal supplements)and vitamin supplements). Personal care products are further sub-segmented into skin care (sunscreens lotions& creams)), hair care (shampoo& conditioners)), oral hygiene (toothpaste)). On the basis of application, the global health and wellness product market is segmented as follows: hypermarket & supermarket chains,, drug stores,, single brand stores,, online stores,.
Product Definition:
Health and wellness products are any type of product that is used to improve or maintain one's health. This can include anything from vitamins and supplements to exercise equipment and healthy foods. The importance of health and wellness products lies in their ability to help people stay healthy, which can reduce the risk of disease, illness, and other health problems.
Functional Foods:
Functional foods are those that have health benefits apart from providing energy. They are foods which contain nutrients which help in maintaining health and reducing the risk of chronic diseases. The global functional foods market was valued at USD barium salt (HSA) 1 billion in 2015, and is expected to grow at a CAGR of XX% over the forecast period.
Functional Beverages:
Functional beverages are those products that have health and wellness related benefits apart from being tasty. These beverages may help in weight loss, lowering cholesterol levels, controlling blood pressure or enhancing immunity. The ingredients used for making functional drinks should enhance the body's ability to function normally and play a significant role in disease prevention.
Application Insights:
The global health and wellness products market has been segmented on the basis of application into hypermarkets and supermarkets, drug stores, single-brand stores, online stores and others. The hypermarket or supermarket segment held the largest share in 2017 due to its wide product availability as compared to other retail outlets. Moreover, this store offers a wider variety of products than that found in normal grocery shops which attracts consumers from all walks of life.
Single-brand stores are considered to be luxury shopping destinations offering high quality goods at affordable prices with an extensive selection of exclusive brands only available at these types of retail outlets.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of international and local players, availability of advanced infrastructure for manufacturing, high purchasing power parity, and rising awareness about chronic diseases are some factors responsible for its largest share.
Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to increasing health consciousness among consumers coupled with government initiatives such as Make in India campaign and 100% FDI in pharmaceuticals which will boost demand for personal care products including skincare cosmetics. In addition, growing disposable income levels especially among millennials will fuel growth further. Moreover, improving standards of living due to rise in disposable income along with changing lifestyle is anticipated to increase demand from middle-income age groups thereby boosting growth across this region as well.
Growth Factors:
- Increasing awareness about the benefits of health and wellness products among consumers.
- Rising disposable income of consumers, which enables them to purchase premium health and wellness products.
- Growing demand for natural and organic health and wellness products.
- Proliferation of online retail channels, which offer a wider range of health and wellness products at competitive prices.
- Increasing number of aging population, who are more inclined towards adopting healthy lifestyle habits to maintain their well-being
Scope Of The Report
Report Attributes
Report Details
Report Title
Health And Wellness Products Market Research Report
By Type
Functional Foods, Functional Beverages, Supplements, Personal Care Products
By Application
Hypermarket and Supermarket, Drug Stores, Single Brand Stores, Online Stores
By Companies
Pfizer Inc., Kraft Heinz Company, Nestle S.A., Buy Wellness, Wallgreen Co., Procter and Gamble
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Health And Wellness Products Market Report Segments:
The global Health And Wellness Products market is segmented on the basis of:
Types
Functional Foods, Functional Beverages, Supplements, Personal Care Products
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hypermarket and Supermarket, Drug Stores, Single Brand Stores, Online Stores
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pfizer Inc.
- Kraft Heinz Company
- Nestle S.A.
- Buy Wellness
- Wallgreen Co.
- Procter and Gamble
Highlights of The Health And Wellness Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Functional Foods
- Functional Beverages
- Supplements
- Personal Care Products
- By Application:
- Hypermarket and Supermarket
- Drug Stores
- Single Brand Stores
- Online Stores
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Health And Wellness Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Health and wellness products are items that can be used to improve one's health. These products may include vitamins, minerals, herbs, supplements, exercise equipment and more.
Some of the major companies in the health and wellness products market are Pfizer Inc., Kraft Heinz Company, Nestle S.A., Buy Wellness, Wallgreen Co., Procter and Gamble.
The health and wellness products market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Health And Wellness Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Health And Wellness Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Health And Wellness Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Health And Wellness Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Health And Wellness Products Market Size & Forecast, 2018-2028
4.5.1 Health And Wellness Products Market Size and Y-o-Y Growth
4.5.2 Health And Wellness Products Market Absolute $ Opportunity
Chapter 5 Global Health And Wellness Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Health And Wellness Products Market Size Forecast by Type
5.2.1 Functional Foods
5.2.2 Functional Beverages
5.2.3 Supplements
5.2.4 Personal Care Products
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Health And Wellness Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Health And Wellness Products Market Size Forecast by Applications
6.2.1 Hypermarket and Supermarket
6.2.2 Drug Stores
6.2.3 Single Brand Stores
6.2.4 Online Stores
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Health And Wellness Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Health And Wellness Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Health And Wellness Products Analysis and Forecast
9.1 Introduction
9.2 North America Health And Wellness Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Health And Wellness Products Market Size Forecast by Type
9.6.1 Functional Foods
9.6.2 Functional Beverages
9.6.3 Supplements
9.6.4 Personal Care Products
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Health And Wellness Products Market Size Forecast by Applications
9.10.1 Hypermarket and Supermarket
9.10.2 Drug Stores
9.10.3 Single Brand Stores
9.10.4 Online Stores
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Health And Wellness Products Analysis and Forecast
10.1 Introduction
10.2 Europe Health And Wellness Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Health And Wellness Products Market Size Forecast by Type
10.6.1 Functional Foods
10.6.2 Functional Beverages
10.6.3 Supplements
10.6.4 Personal Care Products
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Health And Wellness Products Market Size Forecast by Applications
10.10.1 Hypermarket and Supermarket
10.10.2 Drug Stores
10.10.3 Single Brand Stores
10.10.4 Online Stores
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Health And Wellness Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Health And Wellness Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Health And Wellness Products Market Size Forecast by Type
11.6.1 Functional Foods
11.6.2 Functional Beverages
11.6.3 Supplements
11.6.4 Personal Care Products
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Health And Wellness Products Market Size Forecast by Applications
11.10.1 Hypermarket and Supermarket
11.10.2 Drug Stores
11.10.3 Single Brand Stores
11.10.4 Online Stores
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Health And Wellness Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Health And Wellness Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Health And Wellness Products Market Size Forecast by Type
12.6.1 Functional Foods
12.6.2 Functional Beverages
12.6.3 Supplements
12.6.4 Personal Care Products
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Health And Wellness Products Market Size Forecast by Applications
12.10.1 Hypermarket and Supermarket
12.10.2 Drug Stores
12.10.3 Single Brand Stores
12.10.4 Online Stores
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Health And Wellness Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Health And Wellness Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Health And Wellness Products Market Size Forecast by Type
13.6.1 Functional Foods
13.6.2 Functional Beverages
13.6.3 Supplements
13.6.4 Personal Care Products
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Health And Wellness Products Market Size Forecast by Applications
13.10.1 Hypermarket and Supermarket
13.10.2 Drug Stores
13.10.3 Single Brand Stores
13.10.4 Online Stores
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Health And Wellness Products Market: Competitive Dashboard
14.2 Global Health And Wellness Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pfizer Inc.
14.3.2 Kraft Heinz Company
14.3.3 Nestle S.A.
14.3.4 Buy Wellness
14.3.5 Wallgreen Co.
14.3.6 Procter and Gamble
