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NEW YORK, June 9, 2021 /PRNewswire/ The health and wellness food market is expected to grow by USD 1,299.84 billion, progressing at a CAGR of over 6% during the forecast period.
Health and Wellness Market by Product and Geography - Forecast and Analysis 2020-2024
The increasing emphasis on health and wellness, increasing incidences of chronic diseases, stress, and other adverse health conditions are the major factors propelling the market growth. However, factors such as lack of cost transparency and value-based payments will hamper the market growth.
Health And Wellness Food Market: Product Landscape
The health and wellness food market share growth will be significant, and the growth factor is attributed to the increasing number of online beauty and personal care online retail stores such as Nykaa E-Retail Pvt. Ltd. (Nykaa) in India has been fueling the growth of the health and wellness market in the beauty and personal care segment.