Wholesome consuming, private care & magnificence and bodily exercise are the massive three, however completely different sectors dominate in several nations, based on GWI.
The report reveals how completely different wellness sectors dominate in several nations. Each worldwide and in most international locations, the wellness market is concentrated in three sectors: wholesome consuming, diet, and weight reduction; private care and sweetness; and bodily exercise. These three segments account for greater than 60% of the whole wellness market. There’s nevertheless a large nationwide and regional variance, mentioned GWI. In Japan, private care/magnificence represents a a lot greater share of wellness spending than in most international locations; for China, India, Indonesia, Russia, and Turkey, it’s conventional/complementary drugs; in Germany, it’s wellness tourism, spas and thermal/mineral springs; whereas in Sub-Saharan Africa, public well being and prevention spending dominates.
Here’s a have a look at the composition of the wellness economic system (2020) within the largest wellness economies and main rising markets, from GWI:
