A Bilingual Newspaper
 English  Português
, , , ,

Brazil’s Wellness Economy Ranks #1 in Latin America-Caribbean Region

The non-profit Global Wellness Institute (GWI), the leading research organization for the global wellness industry, released new data on Brazil’s $96 billion wellness economy and all of its eleven wellness markets. The country boasts the 12th largest wellness market in the world and continues to be ranked #1 out of the 46 countries GWI measures in the Latin America-Caribbean region. The new research shows that Brazil’s wellness economy is 5% of its GDP.

The country is a major player in the beauty industry, ranking #5 in the world for its $39 billion beauty and personal care market, and is also a leader in the healthy eating, nutrition and weight loss sector, with a $31 billion market, ranked #6 in the world. Brazil also has a powerful thermal and mineral springs market, ranked #8 globally.

Below are snapshots, in order of market size, of all the sectors that make up Brazil’s wellness economy.

Brazil Wellness Economy by Sector: 
(Numbers refer to each market’s global rank, growth from 2020 to 2022, and current market valuation.)

Personal Care & Beauty: #5, +27.2%, $39B
Healthy Eating, Nutrition & Weight Loss: #6, +16.9%, $31B
Physical Activity: #15, +11.9%, $12B
Public Health, Prevention & Personalized Medicine: #13, -0.8%, $7B
Wellness Tourism: #30, +18.8%, $3B
Mental Wellness: #11, +15%, $2.7B
Traditional & Complementary Medicine: #32, +11%, $1B
Thermal/Mineral Springs: #8, +33.3%, $810M
Spas: #29, +17.2%, $680M
Workplace Wellness: #16, +2.4%, $450M
Wellness Real Estate: #45, +14.9%, $60M

Total Wellness Economy: #12, +18.2%, $96B

Source: Global Wellness Institute


  • WhatsApp Launches New Security Mode To Combat Cyberattacks; Learn How To Access It

    WhatsApp Launches New Security Mode To Combat Cyberattacks; Learn How To Access It

    Meta has announced a robust security update for WhatsApp in Brazil, focused on addressing the increasing sophistication of cyberattacks. The new feature introduces a set of measures specifically aimed at protecting users considered more vulnerable to digital espionage, such as activists, journalists, and public figures. The information was released by Meta itself, which detailed that…


Comments

Deixe um comentário

O seu endereço de e-mail não será publicado. Campos obrigatórios são marcados com *