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The Reshaped fate of the $1.5 trillion wellness industry and how companies are keeping up with it

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The $1.5 trillion global wellness market is growing 5 to 10% annually. Five consumer trends are reshaping the wellness industry and here’s how companies can benefit. 1, Consumers are inclined towards natural products; companies should reevaluate their developmental plan featuring natural products like Sephora. 2, 88% of consumers prioritize personalization over privacy; companies should establish personalized capabilities. 3, Rise in e-commerce; companies should introduce omnichannel. 4, Influencers influence 40% of purchases of Chinese and Brazilian consumers; companies should partner with agencies to create hype. 5, Services are a part of wellness; companies should offer healthcare services.

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. New Trends such as Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. ConsumerGeniuses.com is a content platform where we curate latest innovations and disruptions in the Top global trends in the Consumer Goods industry. ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. Sign up to our weekly newsletter(s) and never miss out: https://signup.industrygeniuses.com/newsletter
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ConsumerGeniuses

Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. For each of these key industries, we support Tech Startups and Industry Disruptors as they roll out next generation digital initiatives.

IndustryGeniuses team brings practical domain knowledge of working with 300+ tech startups and brands over the past decade.

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