Welltodo Today: China’s Fitness Market Booms, Plant-Based Meat Gets Cheaper, Next-Gen Sustainable Beauty

Today’s key global wellness news articles from around the world, impacting the industry and influencing the business of wellness.

Sustainably-Focused, Plant-Based Online Groceries Are Thriving. Here’s Why

Besides COVID-19, climate change is one of the biggest challenges we’re facing this decade, but the good news is there is ample opportunity for innovation. Some companies have caught on, proving that some segments of the economy are actually thriving under the circumstances. Such is the case for sustainable and plant-based online grocery stores.

Council Post: How Brands Can Close The Wellness Gap

Nicole Dunn is the CEO of Dunn Pellier Media, Inc ; PR for the fitness, health and wellness sector. The global wellness industry is worth $ 4.5 trillion, and it’s growing at double the speed of the global economy. It’s no longer simply about spas, yoga and detox diets.

China’s fitness market keeps growing – top 18 markets generating revenues of US$4.9bn

Fitness business in China’s top 18 cities generated US$4.9bn in revenues during 2019, before the onset of the pandemic. The figure comes from a report by Deloitte, commissioned in partnership by The International Health, Racquet & Sportsclub Association (IHRSA) and ChinaFit.

Strategy Session: Joy Ventures Takes Specialized Approach To Investing

Strategy Session is a feature for Crunchbase News where we ask venture capital firms five questions about their investment strategies. Joy Ventures got its start about four years ago, born out of a joint vision of partners and investors who saw an opportunity in companies focused on wellbeing and joy.

The Beauty Industry Can Learn a Thing Or Two From Ace of Air’s Next-Gen Sustainability Model

When you take a bird’s-eye view of the beauty industry in 2021, you’ll see three major trends dominating the market. First comes “clean” beauty, which over the last few years has moved from niche boutiques into major retailers like Target).

Impossible Foods’ plant-based meat just got closer to the price of regular meat

Finding the best ways to do good. In the past few years, meatless meat products have taken off among consumers. But the meatless meat market is still only about 1 percent of the meat market. One of the biggest reasons: Plant-based meat products are considerably more expensive.