Health and wellness products are certainly going through a major push right now.
Over the past year, we have talked to dozens of entrepreneurs in a wide range of industries: supplements, at-home genetic illness analysis, testing, home fitness, you name it. All of these businesses have quintupled in revenue in the last six months. And while I do believe this growth will most likely deflate a little bit initially after there’s a COVID-19 vaccine, I also foresee this trend roaring back with even more sophisticated products not long after.
If there’s one thing the coronavirus really showed society as a whole, it’s that many of the ways we thought to take care of ourselves (going to the gym, going to the grocery store, etc.) can, in some way, also be done at home. I don’t believe after COVID-19 the everyday person will stop leaving their house and only want to work out at home and have their groceries delivered. But more and more, people have certainly found it to be a convenient alternative on certain days when they need it.
Manager’s Office Team