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HEALTH & WELLNESS
2H 2023 INDUSTRY UPDATE
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Inflationary headwinds had minimal impact on consumer spending in the Health & Wellness sector.
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Deal makers are active in the sector and are eyeing quality targets with a loyal customer base and strong profitability.
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Scientifically proven weight loss management drugs such as GLP-1 have attracted consumers and investors alike.
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Growing traction for functional mushrooms is attracting both strategics and private equity.
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While the digital fitness market has experienced moderation after a surge in 2020, the long-term outlook remains attractive.
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