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The Global Wellness Institute reported that the wellness industry reached a record-high of $6.32 trillion in 2023, surpassing pharmaceutical and sports categories, with a 25% growth from 2019 to 2023. The market includes personal care, beauty, weight loss, health, nutrition, physical fitness, and wellness real estate, with sales boosted by post-pandemic health emphasis. North America leads in wellness spending, with each person averaging $5,768 yearly, while the corporate wellness market is projected to nearly double to $123.35 billion by 2032.
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