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Mental Wellness Market Size, Share and Growth Insights

The mental wellness market has garnered $131.6 billion revenue, and it is projected to generate $226.1 billion in 2030, advancing at a rate of 6.2% from 2021 to 2030. Brain-boosting nutraceuticals & botanicals are significant revenue contributors to the mental wellness industry. Their contribution is projected to reach $59.2 billion in 2030, rising at a rate of 6%.

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Mental Wellness Market Size, Share and Growth Insights

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  1. Mental Wellness Market To Garner $226.1 Billion Revenue in 2030 1 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  2. The mental wellness market has garnered $131.6 billion revenue, and it is projected to generate $226.1 billion in 2030, advancing at a rate of 6.2% from 2021 to 2030. Brain-boosting nutraceuticals & botanicals are significant revenue contributors to the mental wellness industry. Their contribution is projected to reach $59.2 billion in 2030, rising at a rate of 6%. Natural herbals, botanicals, supplements, functional foods, and drinks developed with the specific objective of improving mental health and wellness are emerging in the industry. They come with claims to enhance the sleep cycle, brain health, memory, as well as vitality. Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/mental- wellness-market/report-sample Product Demand Driven by Rising Awareness of Stress Management • Stress impacts the emotional balance as well as the physical health of a person. • It also affects their capacity to perform successfully, think with clarity, and enjoy life. A major number of people experience stress, including occupational stress. • Excessive stress may impact the productivity, efficiency, and physical as well as emotional wellbeing of a worker. Therefore, stress management is crucial in workplaces, and the growing awareness of this fact has become a key market driver. Under the disorder segment, depression captures the largest share, of around 27%. It is credited to the increasing cases of depression, suicide, and anxiety, which has resulted in the growing concerns over mental health worldwide. Moreover, depression is a widespread mental disorder, with 5% of the adult population suffering from it globally. It is identified as persistent sadness and lost interest in pleasure and rewarding activities. It can impact the appetite and sleep, thereby giving rise to the common symptoms of tiredness and poor concentration. Inquire before purchase: https://www.psmarketresearch.com/send- enquiry?enquiry-url=mental-wellness-market The senses, spaces, & sleep category contributes extensive revenue to the industry, and it will advance at a rate of 6.5% in the future. It includes products, services, and designs that improve the senses and mind–body link, along with 2 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  3. the awareness of the larger impact of environmental stimuli on stress, mood, and sleep of a person. Numerous products, such as smart beds, trackers, sleep accessories, sleep retreats, sleep applications, and nap cafes, are utilized for inducing sound sleep, optimally functioning senses, and relaxed mood. The growing disposable income leads to the rising penetration of smartphones, which contributes to the increasing number of mental wellness mobile application providers. This, along with the rising popularity of mobile health therapies, is making it easier for patients to address their mental health concerns. Schizophrenia will capture the third-significant industry share by the end of this decade, of around 13%. The disorder presents with a wide number of issues in thinking, behavior, and emotion. The growing incidence of schizophrenia is ascribed to the ongoing lifestyle changes, in turn, strengthening people’s focus on their mental health. The research offers market size of the mental wellness market for the period 2017–2030. Market Segmentation by Disorder Depression Anxiety Schizophrenia Substance use disorder Bipolar disorder Alcohol use disorder Post-traumatic stress disorder Eating disorder Others Market Segmentation by Type Senses, spaces, and sleep Brain boosting nutraceuticals & botanicals Self-improvement Meditation and mindfulness Market Segmentation by Age Group Adult Geriatric Teenager Market Segmentation by Region • • • • • • • • • • • • • • • • 3 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  4. North America Mental Wellness Market • oBy disorder oBy type oBy age group oBy country – U.S. and Canada Europe Mental Wellness Market • oBy disorder oBy type oBy age group oBy country – Germany, France, U.K., Spain, Italy, and Rest of Europe Asia-Pacific (APAC) Mental Wellness Market • oBy disorder oBy type oBy age group oBy country – China, Japan, India, Australia, South Korea, and Rest of APAC Latin America (LATAM) Mental Wellness Market • oBy disorder oBy type oBy age group oBy country – Brazil, Mexico, and Rest of LATAM Middle East and Africa (MEA) Mental Wellness Market • oBy disorder oBy type oBy age group oBy country – South Africa, Saudi Arabia and Rest of MEA 4 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 5 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

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