In today's health-conscious society, consumers spend significant sums of money to look after their body and mind. In fact, the global health and wellness market is predicted to be worth more than six trillion U.S. dollars by 2025. During an August 2020 survey in Brazil, consumers stated that approximately 64.6 percent of their annual spending on wellness products and services went towards health products.
Distribution of annual consumer spending on wellness products and services in Brazil in 2020, by category
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McKinsey & Company. (April 8, 2021). Distribution of annual consumer spending on wellness products and services in Brazil in 2020, by category [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1258581/wellness-product-spending-brazil/
McKinsey & Company. "Distribution of annual consumer spending on wellness products and services in Brazil in 2020, by category." Chart. April 8, 2021. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1258581/wellness-product-spending-brazil/
McKinsey & Company. (2021). Distribution of annual consumer spending on wellness products and services in Brazil in 2020, by category. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1258581/wellness-product-spending-brazil/
McKinsey & Company. "Distribution of Annual Consumer Spending on Wellness Products and Services in Brazil in 2020, by Category." Statista, Statista Inc., 8 Apr 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1258581/wellness-product-spending-brazil/
McKinsey & Company, Distribution of annual consumer spending on wellness products and services in Brazil in 2020, by category Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1258581/wellness-product-spending-brazil/ (last visited November 13, 2024)
Distribution of annual consumer spending on wellness products and services in Brazil in 2020, by category [Graph], McKinsey & Company, April 8, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1258581/wellness-product-spending-brazil/