LONDON–(BUSINESS WIRE)–The global health and wellness food market size is poised to grow by USD 1,299.84 billion during 2020-2024, progressing at a CAGR of over 6% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
Improvements in the economic conditions of countries worldwide has increased the emphasis on effective health and wellness products. Also, rising disposable incomes have led to an increase in expenditure on health and well-being by consumers belonging to the lower and middle-class population. This has encouraged vendors to launch free health coaching, giveaway campaigns, community gatherings centered around self-care, nutrition, and other services to