Over the last decade, the global health and fitness industry has grown at a breakneck pace. Between 2009 and 2019, the industry grew from 67.19 billion to 96.7 billion US dollars. This equates to a staggering 69 percent growth in the industry over the next decade. The US fitness club industry was valued at more than $38 billion, with over 107,000 establishments. According to Research and Markets, the home-gym apparatus market is expected to grow at a nearly 9% compound annual growth rate between 2019 and 2025.
Here is Insider Monkey’s list of the 15 most valuable health and fitness companies in the world. Under the Bowflex brand name, Nautilus, Inc. markets and sells a line of fitness training equipment. Since the mid-1980s, Bowflex has been selling in-home gyms via direct marketing. It is now worth more than $1 billion after selling over 2.5 million units.”Hims” has grown to become a multi-specialty telemedicine platform that connects consumers with certified healthcare professionals. The company has conducted over two million telehealth consultations, increasing access to high-quality treatment for residents of all 50 US states. WW International, Inc. is the rebranding of a multibillion-dollar company that has operated for nearly five decades. WW International’s stock fell about 15% in December and is still down about 30%. Fitbit Inc. is a consumer electronics and fitness company based in the United States. They create wearables, trackers, smartwatches, and other market-related products. Revenue of $364 million was reported in the third quarter of 2020, up 5% year over year. reported third-quarter 2020 net sales of $1.6 billion. This is an increase of 9.5% over the same period last year. Their customers have a variety of natural and organic foods to choose from. HLF reported third-quarter 2020 net sales of $1.5 billion, a 22.3 percent increase over the same period in 2019. Herbalife Nutrition, along with Dick’s Sporting Goods, Peloton, Planet Fitness, NKE, and Lululemon, is one of the most valuable health and fitness companies. For more details, click 15 Most Valuable Health And Fitness Companies In The World.
