{"id":12897,"date":"2019-05-10T20:24:03","date_gmt":"2019-05-11T00:24:03","guid":{"rendered":"https:\/\/globalwellnessinstitute.org\/?page_id=12897"},"modified":"2025-11-19T05:21:31","modified_gmt":"2025-11-19T10:21:31","slug":"what-is-the-wellness-economy","status":"publish","type":"page","link":"https:\/\/globalwellnessinstitute.org\/what-is-wellness\/what-is-the-wellness-economy\/","title":{"rendered":"What is the Wellness Economy?"},"content":{"rendered":"
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WHAT IS THE WELLNESS ECONOMY?<\/h1>\n

GWI defines the wellness economy as\u00a0industries that enable consumers to incorporate wellness activities and lifestyles into their daily lives.\u00a0<\/strong>It encompasses 11 varied and diverse sectors.<\/p>\n

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Wellness is estimated by the Global Wellness Institute to be a multi-trillion-dollar market, with global spending exceeding $4 trillion every year since 2017. Its growth rate has consistently outpaced global GDP growth, with positive gains even in years of global economic downturn (except during the 2020 pandemic year). Within a relatively short span of time, wellness has emerged globally as a dominant lifestyle value, driving consumer interest in exercise, healthy eating, self-care, mindfulness, stress reduction, healthy aging, complementary medicine, holistic health and other wellness practices. For an expanding set of consumers, wellness has become an important value system used to filter daily life and decision-making with a growing focus on issues such as food quality and the way food is prepared and consumed, mitigating stress and boosting mental wellness, incorporating movement into daily activities, environmental consciousness, the yearning for connection, the desire for self-actualization, and a search for happiness. There is no sign that this trend is slowing down.<\/p>\n

GWI first pioneered this concept and measured the wellness economy in the 2014\u00a0Global Wellness Economy Monitor<\/em>. GWI has conducted original research to define and quantify seven sectors within the wellness economy (wellness real estate, workplace wellness, physical activity, mental wellness, wellness tourism, spas and thermal\/mineral springs). For the other sectors, GWI draws upon secondary sources to produce a global aggregate figure.<\/p>\n

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For more information:<\/strong><\/p>\n