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Australia ranks 10th in the world with a total spend of US$84 billion. Aussies move up to the number six position in the wellness spend per capita stakes, forking out US$3771 (AUD$5239) per year. The world's top three largest wellness markets are - the US (US$1.2 trillion), China (US$683 million) and Japan (US$304 million).
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A $1.5 Trillion Opportunity: The Future of the Health and Wellness Industry. In 2022, the health and wellness market soared. Know the top trends, stats, and insights for 2023 to make your brand stand out.. Australia. Country/region. Australia; Canada (English) Hong Kong SAR; India; Indonesia; Ireland; Malaysia; New Zealand; Nigeria.
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Industry market research reports, statistics, analysis, data, trends and forecasts. What is the market size of the Health and Wellness Spas industry in Australia? IBISWorld's statistic shows that as of 2024 the market size of the Health and Wellness Spas industry is $542.3m an increase of -0.72% from 2023.
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With 15 percent of Australian adults gym members and some 20,000 employed in the fitness industry alone, the country's mature wellness market provides a fertile breeding ground for industry innovations. Some 44 percent of Australian consumers avoid sugar when making food purchasing decisions, according to Nielsen's 2016 Global Health and Ingredient Sentiment Survey - 10 […]
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Australian brands often enjoy cult appeal Stateside, particularly in the domains of fashion and beauty. And, with the global wellness industry expected to reach $7 trillion by 2025, American curiosity towards self-care practices there is piquing as well."The wellness scene is really taking off here in Australia," confirms Nina Hargrave, the founder of Serene Body Health, which is based in.
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Expert industry market research on the Health and Wellness Spas in Australia (2024-2029). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.
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The latest Health & Wellness Progress Report, based on the findings from the 2018 survey, shows significant improvement in the achievement of all commitments over the past six years. The report shows that a record number of two million employees engaged in health and wellness initiatives. Companies are responding to increasing consumer demand.
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The global wellness market is estimated to be worth $6.6 trillion in 2024 [ Global Wellness Institute ]. The wellness industry is growing at 8.5% per year and predicted to reach $7.2 trillion in 2025 [Global Wellness Institute & Wellness Creative Co.]. The biggest segments within the wellness market are personal care and beauty, nutrition and.
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The Health and Wellness in Australia report includes: Analysis of key supply-side and demand trends. Detailed segmentation of international and local products. Historic volume and value sizes, company and brand market shares. Five year forecasts of market trends and market growth. Robust and transparent research methodology, conducted in-country.
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Aussie mindsets are focused on keeping healthy as the country faces another round of lockdowns. This behaviour goes beyond avoiding COVID. In fact, for 80% of Australians, keeping themselves and their families healthy is a top priority, an 11 percentage point lift from five years prior. In addition, Australians are spending 16% more time on.
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The Digital Fitness & Well-Being market in Australia is projected to grow by 5.54% (2024-2028) resulting in a market volume of US$1,051.00m in 2028.
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In fact, the number one reason for working out is to feel better (54%). The fitness industry is tackling mental health, too. Fitness Australia has recently launched a new e-learning program to support the mental health of exercise professionals and their clients. Meditation, which can help with mental health and resilience, has seen a big boost.
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One out of three global consumers reported they were more concerned about immune health than before the pandemic started. This trend will continue in 2022, as over half (52%) of the Australian population is focused on their health and wellness because they want to strengthen their immune system to withstand illness and disease.
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Exports of $10 billion will be underpinned by rising demand throughout Asia, where Australian produce already has a reputation for quality, safety and value. Growth opportunities. In health and wellness products, our report examines four high-growth opportunities: fortified and functional foods, which contain added ingredients intended to aid.
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Overweight and obesity has reach pandemic levels, with two-thirds (67%) of adult Australians classified as overweight or obese. As two of the most significant behavioral risk factors for obesity are modifiable (diet and exercise), there exists an opportunity for treatment through workplace health promotion initiatives. As one of Australia's largest industries with its own unique workplace.
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The Australia and New Zealand corporate wellness market size was valued at USD 1.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2030. The market growth is being aided by the rising awareness about employee health and well-being.