Global Wellness Market estimated to be more than $1.5 trillion

According to Mckinsey, the global wellness market is estimated to be more than $1.5 trillion, with annual growth of 5% to 10%.

This research was based on noticing the consumer interest and purchasing power as spending on personal wellness is rebounding after stagnating during the COVID-19 crisis. Currently the wellness market is increasingly getting crowded, being strategic about where and how companies compete.