5 Lucrative Health and Wellness Franchise Industries to Invest In

If you would like to help people live healthier lives, there are many franchise business models within a variety of sectors to choose from. Read on to know more

By Content Writer
5 Lucrative Health and Wellness Franchise Industries to Invest In

People around the world are very focused on looking and feeling better. In their pursuit to do both, they are increasingly turning to exercise, proper nutrition, supplements, massage, and more. The fact that health and wellness is a big business sector in India has not gone unnoticed by franchisors. If you would like to help people live healthier lives, there are many franchise business models within a variety of sectors to choose from including:

1. Gyms, Personal Training, and Specialty Fitness:

There are traditional gym franchises ranging from those with low monthly memberships that essentially only offer equipment to those with high monthly fees that have a more spa-like atmosphere and offer classes. In addition, there are many specialty fitness franchises that focus on Pilates, yoga, spinning, kickboxing, barre, etc., as well as personal training franchises.

2. Diet and Weight Loss:

The rate of people who are obese, with a body mass index (BMI) of 30 or greater, has continued to increase over the past decade according to a report by researchers from the Centers for Disease Control and Prevention (CDC). When it comes to weight loss franchises, options include those that offer guidance in modifying eating habits or medically focused weight loss plans.

3Back and Foot Comfort:

Back and foot comfort franchisees are dedicated to helping customers lead pain-free lifestyles. There is a strong demand for both services. Back pain accounts for more than 264 million lost workdays in one year—that’s two work days for every full-time worker in the country. 1 Nearly 8 out of 10 people have experienced foot pain and those who have chronic foot pain are significantly more likely to have pain in other parts of their body. 

4. Massage:

Constant stress can increase the risk for long-term health issues like heart attack, weight gain, and diabetes. Massage helps counteract the negative effects of stress by lowering people’s heart rates and blood pressure and increasing the production of endorphins, which make people feel good. The demand for services massage franchises provide is increasing in conjunction with an increasing awareness of the benefits they offers.

5. Health Food & Supplements:

Over the past five years, the health food and supplement franchise industry has grown 2.1% to $640 million in revenue according to IbisWorld, which shows that many people across the globe include healthy food and supplements into their diet. The franchise sector consists of health food, vitamins, minerals, sports nutrition products, and weight control products.

Investing in a health and wellness franchise may just be the healthiest thing for your business future that you’ll ever do when you consider that the average human spends Rs 10-15 thousand per month on health and fitness according to a survey, that’s 1,00,000 in their entire lifetime. It, however, is crucial that you carefully research any franchise you are considering investing in to help ensure you select one that is likely to meet your goals.

 

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