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North America Aromatherapy Market Worth $1,639.9 Million by 2030, says P&S Intelligence
NEW YORK, Dec. 17, 2020 /PRNewswire/ Every year, 40 million American adults suffer from some form of depression, says the Anxiety and Depression Association of America (ADAA). The rising incidence of such lifestyle-associated diseases is expected to propel the North American aromatherapy market from $763.7 million in 2019 to $1,639.9 million by 2030, at a 7.6% CAGR between 2020 and 2030, according to P&S Intelligence.
Similarly, insomnia is seen in almost 30% of the regional population, as per the National Sleep Foundation. Apart from insomnia and depression, the North American aromatherapy market is also growing on account of the rising number of people suffering from respiratory diseases, mental illnesses, and allergies. Aromatherapy, in particular essential oils, is rapidly gaining popularity in the continent for relieving stress, anxiety, and depression.
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In the middle of summer, just as restaurants were constructing outdoor dining rooms all over New York City, Richard Zaro launched Cutlets, a delivery-only outfit specializing in classic deli sandwiches prepared in a ghost kitchen, then delivered all over Manhattan. Zaro, of the Family Bakery Zaro s who have been feeding New Yorkers since 1927, is still fully committed to the delivery game (and as we enter our COVID winter, that seems like a good bet), but last week he added a new component to the business: a restaurant in Nomad. I always planned on Cutlets being a brick-and-mortar restaurant, and hopefully the first of many, in NYC and across the country, says Zaro. But when the pandemic hit I saw an opportunity to build the brand, and to get good sandwiches to as many people as fast as possible, by focusing on delivery.
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The Whole Foods Market Foundations combined forces in a Communities Campaign last month to raise awareness and funds, enabling shoppers to join causes such as poverty alleviation in the United States and around the globe through Whole Planet Foundation.
The $658,787 generously donated by shoppers and corporate partners will support each Foundation s mission. Whole Foods Market covers 100 percent of operating costs for the Foundations, creating a unique opportunity for shoppers to give with confidence that their donation goes directly to these causes during this global pandemic when the need is even greater.
Whole Planet Foundation s mission is to empower the world’s poorest people with microcredit and the chance to create or expand a business, mostly home-based, and lift themselves and their families out of poverty. As of September 2020, the foundation is alleviating poverty through microfinance partners in the United States and 76 other countries in Africa, As
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