The health and wellness market will register a CAGR of about 6% by 2023
One of the major drivers expected to drive the growth of the market during the forecast period is the increased emphasis on effective health and wellness products and a healthy lifestyle by consumers globally. Many health and wellness brands successfully market their products through social media channels, such as Twitter and Facebook and they have been instrumental in spreading the popularity of health and wellness products among consumers. Therefore, the rising adoption of health and wellness among all demographics is a significant factor that is estimated to positively impact the growth of the global health and wellness market during the forecast period. The analysts have predicted that the health and wellness market will register a CAGR of about 6% by 2023.
