
24 Oct 2023
46% of global consumers are optimistic about their future health
​Euromonitor International's article "Wellness Megatrends: Quantifying the Impact" emphasizes the importance of a data-driven approach to understanding the wellness megatrend's evolution and its cross-industry impacts. By quantifying this trend, businesses can enhance strategic planning, identify growth opportunities, and make informed investment decisions. The article highlights consumers' increasing demand for personalized wellness solutions, including tech-enabled diagnostics and emotional analytics. However, it also notes challenges related to the association of wellness with higher costs, suggesting a need for affordable and inclusive offerings. Regionally, developed markets like North America and Western Europe lead in wellness spending, with Western Europe projected to experience significant growth in the coming years. The article underscores the value of combining quantitative and qualitative analyses to develop effective strategies in the evolving wellness landscape.
read it here: https://www.euromonitor.com/article/megatrends-quantifying-wellness