Wellness Industry - 101
by Gillian Tarawhiti
What is the Wellness Industry?
Wellness is anything that makes you feel healthier, stronger, see better, hear better, feel better, or fight symptoms of ageing.
What is the Sickness Industry?
The sickness industry is the healthcare industry i.e. anything concerned with being sick and treating symptoms of sickness. The Sickness Industry has little to do with preventing illness, being stronger or healthier.
What is important about the Wellness Industry?
The Natural Marketing Institute (NMI), Managing Partner Steve French states, “Despite recent economic challenges, consumer spending last year in the health and wellness industry continued to rise. We project this trend to continue with sales reaching more than $73 billion in 2005.” The Consumer Confidence Board corroborated this outlook when it reported that 2004 saw an increased economic expansion and job growth with an even more favourable outlook in 2005.
Segment 2001 (Billions)2003(Billions)2004(Billions)Growthvs.20034 YEAR CAG*
Functional and fortified foods & beverages$18.4$21.8$23.47%8.3%
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BIO:
Gillian Tarawhiti, is Founder and CEO of Community Training Centre, an Internet Marketing firm providing Online Training and Support.Gillian is also the author of eBay Billion Dollar Goldmine and the creator of the Multiple Ripple Effect System © 2004. Permission is granted to reprint this article in print or on your web site so long as the paragraph above is included and contact information is provided to http://www.millionairerippleeffect.com
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