In today's health-conscious society, consumers spend significant sums of money to look after their body and mind. In fact, the global health and wellness market is predicted to be worth more than six trillion U.S. dollars by 2025. During an August 2020 survey in the United Kingdom, consumers stated that approximately 48 percent of their annual spending on wellness products and services went towards health products.
Distribution of annual consumer spending on wellness products and services in the United Kingdom (UK) in 2020, by category
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McKinsey & Company. (April 8, 2021). Distribution of annual consumer spending on wellness products and services in the United Kingdom (UK) in 2020, by category [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1258580/wellness-product-spending-uk/
McKinsey & Company. "Distribution of annual consumer spending on wellness products and services in the United Kingdom (UK) in 2020, by category." Chart. April 8, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1258580/wellness-product-spending-uk/
McKinsey & Company. (2021). Distribution of annual consumer spending on wellness products and services in the United Kingdom (UK) in 2020, by category. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1258580/wellness-product-spending-uk/
McKinsey & Company. "Distribution of Annual Consumer Spending on Wellness Products and Services in The United Kingdom (Uk) in 2020, by Category." Statista, Statista Inc., 8 Apr 2021, https://www.statista.com/statistics/1258580/wellness-product-spending-uk/
McKinsey & Company, Distribution of annual consumer spending on wellness products and services in the United Kingdom (UK) in 2020, by category Statista, https://www.statista.com/statistics/1258580/wellness-product-spending-uk/ (last visited December 22, 2024)
Distribution of annual consumer spending on wellness products and services in the United Kingdom (UK) in 2020, by category [Graph], McKinsey & Company, April 8, 2021. [Online]. Available: https://www.statista.com/statistics/1258580/wellness-product-spending-uk/
