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Consumer trends and purchasing power shapes the future of the global wellness market

McKinsey & Company values the global wellness market at more than $1.5 trillion, with 5-10% annual growth in the latest survey released. The survey predicted this because of the latest consumer trends and purchasing power bouncing back post-pandemic. Consumers are spending more on health and wellness, mental health and better diet. As per the survey’s findings, 79% of the respondents believe wellness is important and 42% label it as a top priority.

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