Company News

Wellness Market Gains on Skin Care, Nutrition Sales

The $1.5 trillion global market for fitness, nutrition and related products is growing 5-10%, says McKinsey.

Author Image

By: TOM BRANNA

Editor

The wellness category remains healthy even during a pandemic. Global sales of fitness, nutrition and a variety of related products and services totals $1.5 trillion and is growing 5-10% a year, according to a new study by McKinsey & Company. In a recent survey of 7,500 consumers in six countries, McKinsey found 79% of respondents said wellness is important, and 42% consider it a top priority. Moreover, consumers in every market reported a substantial increase in the prioritization of wellne...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters