The Future of Workplace Wellness: Meaningful Approaches; Less Spending on “Programs” The GWI’s most recent report on the global wellness economy reveals that workplace wellness will be the slowest-growing future wellness category, estimated to expand from $48.5 billion in 2020 to $58.4 billion in 2025–a modest annual growth of 3.8%. Why does growth seem so slow at a time when employees are facing even more…
Trend: The Explosion of Fitness-Meets-Nature-and-Wellness Festivals By Thierry Malleret, economist AN EXPLOSION OF FITNESS and WELLNESS FESTIVALS – We were well aware of book, food, cinema, music and many other breeds of festivals that punctuate the summer months, but we are struck by the recent boom in fitness-meets-wellness festivals, which are on a steep upward path in the Northern Hemisphere. These cool new festivals are,…
Gallup Research Reveals Peak Stress and Sadness Worldwide By Thierry Malleret, economist If the world broke many records in 2021–including record corporate profits and CO2 emissions–Gallup’s 2022 Global Emotions Report also reveals a historic high for negative emotions. The survey of people in 121 nations found that in 2021 levels of stress, sadness, and loneliness reached record levels (the highest since Gallup started tracking emotional…
The “Wellness Divide” between Low- and High-Income Countries Will Further Sharpen By Thierry Malleret, economist As the International Monetary Fund’s managing director, Kristalina Georgieva, just put it: the global economy is facing “a confluence of calamities.” The three main engines that drive it are sputtering simultaneously. In the European Union, because of the war and the supply shock inflicted by commodity prices; in China, because…
Looking Beyond COVID: The Shifts Ahead in the Physical Activity and Fitness Markets The GWI’s most recent research report on the global wellness economy includes a complete update on the six-sector physical activity market: fitness ($77 billion), sports and active recreation ($200 billion), mindful movement ($30 billion), fitness technology ($49.5 billion), sports and fitness equipment ($105 billion), and sports apparel and footwear ($293 billion). It…
What Dinner Will Look Like in the Next 100 Years, According to Scientists (and Sci-Fi Authors)Rejuvenation of woman’s skin could tackle diseases of ageing – Bon Appétit, April 26, 2022 The food industry is preparing for major disruptions to come, brought on by forces such as climate change and changing demographics. The resultant innovation is widespread, and concerns seeds, farming practices, technology, water, distribution, and…
