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Showing posts from November 26, 2017

The Rise of the Wellness Industry and How You Can Capitalize Off of It

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The world is changing, and as such consumers’ habits have changed as well. The wellness industry has become a booming market. People have an increased interest in bettering themselves through living a healthier lifestyle. They are also not connecting with traditional retail experiences anymore.

A study was conducted to see the extent of the expansion the industry incurred. The global wellness industry has a worth of $3.4 trillion. This is in part to the significant development of the sectors in the market since 2010. The market for weight loss, nutrition, and healthy eating has experienced a 108 percent increase in sales for earnings of $276.5 billion. There has been a 65 percent increase in the alternative and complementary medicine sector for profits of $113 billion. The personalized and preventative health division has seen a 78 percent growth for revenues of $243 billion. 51 percent increase of the anti-aging and beauty segment lead to proceeds totaling $679 billion.

The research …