Wellness is now part of how people shop, exercise, travel, and manage everyday routines. Spending on wellness products and services continues to grow, but the figures vary depending on what researchers include in their calculations.
Some wellness statistics focus on consumer purchases, while others measure spending across entire industries, including wellness tourism and real estate. Looking at these figures together provides a broader picture of consumer demand, market growth, and the activities attracting attention.
Research published by McKinsey and the Global Wellness Institute offers two useful perspectives on the wellness economy. Their findings show where spending is concentrated, how preferences differ between generations, and why market figures need to be read in context.
Key Takeaways
- The global wellness economy reached an estimated $6.8 trillion in 2024, according to the Global Wellness Institute's 2025 report.
- The global wellness economy grew 7.9% between 2023 and 2024, based on GWI's market estimates.
- McKinsey's May 2025 research estimates that US consumers spend more than $500 billion annually on wellness.
- Gen Z and millennials account for 36% of US adults but more than 41% of annual wellness spending in McKinsey's analysis.
- US consumers aged 58 and older account for 35% of the adult population and 28% of wellness spending.
- Wellness real estate and mental wellness were the fastest-growing sectors, expanding by 19.5% and 12.4% a year over the last five years, according to GWI.
- Global Wellness Institute projections place the wellness economy at approximately $9.8 trillion by 2029, although this remains a forecast rather than recorded spending.
Wellness Statistics at a Glance
Wellness research covers several types of economic activity, from consumer purchases to revenue generated by wellness-related businesses. The following figures provide a starting point for comparing the sector's scale and consumer spending patterns.
| Wellness metric | Figure | Source |
|---|---|---|
| Global wellness economy, 2024 | $6.8 trillion | Global Wellness Institute |
| Global wellness economy growth, 2023–2024 | 7.9% | Global Wellness Institute |
| Global wellness economy as share of GDP, 2024 | 6.12% | Global Wellness Institute |
| Projected global wellness economy, 2029 | $9.8 trillion | Global Wellness Institute |
| Estimated annual US wellness spending | More than $500 billion | McKinsey, 2025 |
| Annual US consumer wellness spending growth estimate | 4%–5% | McKinsey, 2025 |
| Gen Z and millennial share of US wellness spending | More than 41% | McKinsey, 2025 |
| Consumers aged 58+ share of US wellness spending | 28% | McKinsey, 2025 |
These statistics come from different research frameworks, so they should not be combined into a single spending total. The Global Wellness Institute measures a broad collection of industries, while McKinsey focuses on six dimensions of consumer wellness.
The reporting periods also need attention. For example, GWI's $6.8 trillion figure describes estimated market activity in 2024, even though the report was published in November 2025.
How Much Do Consumers Spend on Wellness?
McKinsey's May 2025 Future of Wellness research estimates that US consumers spend more than $500 billion annually on wellness products and services. The firm also estimates annual growth of approximately 4% to 5% in the US consumer wellness market.
The findings come from a wider survey of more than 9,000 consumers across China, Germany, the United Kingdom, and the United States. McKinsey groups wellness into six areas: health, sleep, nutrition, fitness, appearance, and mindfulness.
Consumer Spending Covers More Than Fitness and Nutrition
Wellness purchases include both physical products and services. A consumer might buy nutritional products, pay for fitness classes, use a meditation app, or book a wellness treatment, with each purchase contributing to a different part of the market.
McKinsey's six dimensions help organise these purchasing patterns, although individual products and services may serve more than one purpose. The categories also show why consumer wellness spending cannot be represented by gym memberships or supplement sales alone.
For businesses, this distinction affects how markets are assessed. A company selling sleep technology serves different consumer needs from a boutique fitness studio, even though both operate within the wider wellness sector.
Spending Does Not Measure Actual Participation
Higher spending does not necessarily mean more people are participating in wellness activities. An increase in product prices or the purchase of higher-priced services can raise total spending even when the number of customers remains unchanged.
For example, a person who regularly walks or exercises at home may spend very little on fitness. Another consumer may maintain an expensive gym membership without attending consistently, which demonstrates why purchasing data and participation research should be examined separately.
Participation figures also require clear definitions. Researchers may measure whether someone has tried an activity, how often they participate, or whether they meet recommended physical activity levels, and those measurements describe different behaviours.
Wellness Spending by Generation
Age is one of the demographic factors influencing wellness spending, although consumers within the same generation can have very different priorities. McKinsey's 2025 findings show that younger adults account for a larger share of US wellness expenditure than their share of the adult population.
The comparison also highlights the continuing commercial importance of older consumers. Both groups contribute substantial spending, but their reported priorities and purchasing patterns are not identical.
Gen Z and Millennials Account for a Larger Share of Wellness Spending
According to McKinsey, Gen Z and millennials represent approximately 36% of the US adult population but account for more than 41% of annual wellness spending. This indicates that their share of spending is higher than their share of the adult population.
McKinsey also found differences in wellness priorities within these younger generations. Both groups ranked health and sleep highly, but Gen Z placed greater emphasis on appearance, while millennials gave mindfulness a higher position among their leading concerns.
These findings can inform how wellness businesses research their audiences, but they should not be treated as universal preferences. Income, location, health needs, and personal circumstances can produce substantial differences between consumers of similar ages.
Older Adults Remain a Significant Consumer Group
Consumers aged 58 and older account for approximately 35% of the US adult population and 28% of wellness spending in McKinsey's research. Their spending share is lower than their population share, but it still represents a substantial portion of the consumer market.
Growing interest in healthy aging also creates opportunities for businesses serving different life stages. However, researchers and marketers should avoid assuming that older consumers share identical preferences or that longevity-related products are relevant only to older adults.
Product relevance depends on consumer needs and credible evidence, not simply a generational label. For this reason, market segmentation based on age is most useful when combined with research into actual purchasing behaviour.
Comparing Population Share and Spending Share
The following figures illustrate how spending is distributed across the two demographic groups highlighted in McKinsey's US analysis.
Source: McKinsey & Company, Future of Wellness, May 2025. Gen Z and millennial spending share is "more than 41%".
| Consumer group | Share of adult population | Share of wellness spending |
|---|---|---|
| Gen Z and millennials | 36% | More than 41% |
| Adults aged 58 and older | 35% | 28% |
Source: McKinsey, Future of Wellness, May 2025.
The table does not account for every age group, nor does it show average expenditure for individual consumers. It compares aggregated population and spending shares, which makes it useful for examining relative market participation rather than predicting personal spending.
Which Wellness Categories Are Attracting Consumer Interest?
Consumer demand extends across established wellness products and newer services. McKinsey's 2025 research identifies several categories attracting commercial attention, including functional nutrition, healthy aging, beauty, in-person wellness services, weight management, and mental health.
These areas reflect business activity and consumer preferences, but they should not be interpreted as a ranking of clinical effectiveness. The research examines commercial opportunities, while health benefits must be assessed through evidence specific to each product or practice.
Functional Nutrition and Healthy Aging
Functional nutrition includes food, beverages, and related products marketed for benefits beyond basic nutritional needs. Consumer interest has encouraged businesses to introduce products addressing specific health and lifestyle goals, although the evidence differs considerably across ingredients and claims.
Healthy aging has also attracted attention as consumers consider products and services associated with maintaining health over time. This market includes established practices alongside emerging technologies, so research quality is particularly important when evaluating advertised benefits.
Commercial interest can indicate where companies expect demand to grow, but it cannot establish that every product is effective. Evidence should be evaluated according to the intervention, study population, and outcomes measured.
Beauty, Weight Management, and Mental Wellbeing
Beauty and appearance remain prominent parts of consumer wellness spending. Skincare products, aesthetic services, and beauty technologies represent different markets, each shaped by pricing, product development, and changing customer preferences.
Weight management and mental wellbeing have also attracted business investment and consumer attention. These categories involve sensitive health-related claims, making it important to distinguish clinically supported interventions from general wellness products and marketing language.
Consumer survey results may show interest in particular services, but purchasing intent does not guarantee adoption. Even when demand increases, businesses still need to consider affordability, access, retention, and regulatory requirements.
In-Person Wellness Experiences
Fitness classes, spa services, and other in-person experiences represent a service-based part of the wellness market. Their performance depends on factors such as location, available appointments, staffing, customer retention, and capacity.
Unlike physical products, many appointments cannot be stored and sold later. An unused place in a scheduled fitness class, for example, has no remaining booking value after the session begins.
This creates a different business challenge from selling consumer products. Platforms such as ClassPass attempt to address unused capacity by connecting customers with participating fitness and wellness providers.
How Large Is the Global Wellness Industry?
The Global Wellness Institute estimates that the global wellness economy reached $6.8 trillion in 2024, following growth of 7.9% from the previous year. Its November 2025 Global Wellness Economy Monitor also reports that wellness represented 6.12% of global GDP in 2024.
The report tracks 11 sectors, providing a broader measure of wellness-related economic activity than consumer surveys focused on selected products and services. These sectors include personal care and beauty, physical activity, wellness tourism, wellness real estate, and other categories.
For scale, GWI compares the $6.8 trillion wellness economy with the $1.8 trillion pharmaceutical industry and with $11.2 trillion in total global health expenditure, including consumer and government spending. Because these markets are defined differently, the comparison shows relative size rather than overlapping or competing spending.
Source: Global Wellness Institute, "Wellness Market Hits Record $6.8 Trillion", November 25, 2025. Markets are defined differently and partly overlap; figures show relative scale only.
Growth Across the Wellness Economy
GWI reports average annual growth of 6.2% for the wellness economy over the last five years, followed by a 7.9% increase from 2023 to 2024. Its outlook projects a 7.6% annual growth rate through 2029.
Source: Global Wellness Institute, "Wellness Market Hits Record $6.8 Trillion", November 25, 2025. The 2029 rate is a projection.
Growth has not been even across sectors. GWI identifies wellness real estate as the fastest-growing sector over the past five years, at 19.5% a year, followed by mental wellness at 12.4% a year. Workplace wellness was the exception, with global spending declining between 2023 and 2024.
Source: Global Wellness Institute, "Wellness Market Hits Record $6.8 Trillion", November 25, 2025.
How the Global Wellness Institute Measures the Market
The institute organises the wellness economy into 11 distinct sectors rather than treating wellness as one uniform consumer market. This approach captures industries whose products and services contribute to wellness-related activities, including sectors not usually included in consumer shopping surveys.
Market size therefore depends partly on the definition used. A figure that includes wellness real estate will be significantly different from one focused on personal fitness, sleep, and nutrition purchases.
For detailed sector-level figures, see our global wellness industry statistics by sector, or consult the Global Wellness Institute's Global Wellness Economy Monitor. Its methodology provides essential context when comparing market estimates from different publishers.
Global Wellness Market Forecast Through 2029
The Global Wellness Institute projects the worldwide wellness economy will reach approximately $9.8 trillion by 2029. Its 2025 report forecasts average annual growth of 7.6% over the following five years.
Source: Global Wellness Institute, 2025 Global Wellness Economy Monitor. The 2029 figure is a forecast, not recorded spending.
This projection represents expected future activity rather than guaranteed market revenue. Economic conditions, changes in consumer spending, industry investment, and other factors can influence how closely actual results follow the forecast.
The 2029 estimate should therefore be identified as a projection whenever it is cited. Treating future market size as an established result would misrepresent the research.
How Businesses Should Use Wellness Statistics
Wellness market figures can help businesses evaluate consumer groups, identify areas for further research, and compare different market segments. They are less useful when treated as proof that a particular product or service will succeed.
Before using broad industry figures for planning, businesses should check the scope and quality of the underlying research.
- Check the population. Identify the countries, age groups, and consumer segments represented. A survey from four countries cannot automatically describe worldwide consumer behaviour.
- Review the measurement. Determine whether the report covers purchases, stated preferences, participation, market revenue, or health outcomes.
- Confirm the reporting year. A recently published report may rely on data collected in an earlier period.
- Compare market definitions. Different publishers may include different industries or use different methods to estimate spending.
- Separate forecasts from actual results. Projections provide scenarios for future growth, not confirmed revenue.
A useful market assessment often requires more than one dataset. Consumer surveys can indicate purchasing preferences, while industry statistics reveal broader commercial activity and scientific studies examine specific health outcomes.
FAQs About Wellness Statistics
How Much Is the Global Wellness Industry Worth?
The Global Wellness Institute estimates that the global wellness economy was worth $6.8 trillion in 2024, based on research published in November 2025. Its definition covers 11 sectors, including wellness tourism, physical activity, personal care, and wellness real estate. This figure should not be confused with narrower consumer wellness market estimates.
Which Generation Spends the Most on Wellness?
McKinsey's 2025 research found that Gen Z and millennials generated more than 41% of annual US wellness spending despite representing approximately 36% of the adult population. This demonstrates their significant contribution to the market, but it does not establish that every younger consumer spends more than every older consumer.
What Is the Difference Between Wellness Spending and Participation?
Wellness spending measures expenditure on products and services, while participation measures engagement in activities or practices. A consumer may exercise regularly without spending money, while another may purchase services they rarely use. The two measurements should be examined separately when evaluating consumer behaviour.
Is the Wellness Industry Expected to Keep Growing?
The Global Wellness Institute projects that the wellness economy will reach approximately $9.8 trillion by 2029, based on its 2025 outlook. This forecast indicates expected growth across the sectors it tracks, but actual results may differ because of economic conditions, consumer demand, and changes in industry performance.
Do Higher Wellness Spending Figures Mean People Are Healthier?
Not necessarily. Spending figures show economic activity, but they do not directly measure improvements in health. Establishing health benefits requires research into specific outcomes, interventions, and populations. Increased spending may reflect higher prices, greater product adoption, or changing consumer preferences rather than improved wellbeing.
What the Wellness Data Reveals
Wellness statistics show a substantial consumer market and continued growth across a broad range of industries. Younger consumers contribute a significant share of spending, while older consumers remain an important market with their own purchasing patterns and priorities.
The strongest conclusions come from using each source for the question it was designed to answer. Market research can explain spending and consumer demand, while participation surveys and scientific studies provide different evidence about habits and health outcomes.
Sources
- Global Wellness Institute. 2025 Global Wellness Economy Monitor. November 19, 2025. globalwellnessinstitute.org
- Global Wellness Institute. Wellness Market Hits Record $6.8 Trillion, Will Reach Nearly $10 Trillion by 2029. November 25, 2025. globalwellnessinstitute.org
- Global Wellness Institute. Wellness Economy Data Series. globalwellnessinstitute.org
- McKinsey & Company. The $2 Trillion Global Wellness Market Gets a Millennial and Gen Z Glow-Up. May 29, 2025. mckinsey.com





