The Wellness Industry Isn’t the Fix

By Dr. Stephanie Boyce | Dallas Weekly | Word In BlackThis post was originally published on Dallas Weekly\Global Wellness Consumption(WIB) – On the heels of the COVID pandemic, one of the industries that has surged to all-time highs is the Global Wellness Industry (GWI). In 2022, the Global Wellness Institute, the foremost authority in the industry, reported that the GWI grew its economy to $5.6 trillion, up from $4.9 trillion in 2019. When considering leading segments of the industry some of the most popular include personal care and beauty, healthy eating/nutrition/weight loss, physical activity, and wellness tourism.This growth is even more telling when looking at the sectors that have the highest average annual growth rate from 2020-2022. The top 3 include wellness tourism (36.2%), Spas (22.3%), Wellness Real Estate (20.5%). These numbers illustrate the #1 thing many people are investing in more than ever before is the getting away, not just to vacation aimlessly, but to go away to facilities that place a bigger emphasis on their wellbeing. It’s also worth noting that most of the places included in wellness tourism also house spas, which is the second fastest growing sector and an essential part of many peoples wellness tourism...