The fields of health, wellness and fitness have developed into a major industry in recent years, with many people opting to eat healthier diets and exercise more regularly. This has impacted the economy, especially the food industry and the binary options trading market. Stock prices of restaurant chains and food production companies are directly affected by many issues relating to health foods. This influence often results in healthier menus and products.
Sports and fitness clubs, hydrotherapy and swimming pools
Sports and fitness clubs have a major impact on many local economies across the globe. They create employment for instructors specializing in fitness, swimming or hydrotherapy for instance. The purchase and maintenance of sporting equipment and facilities has also directly influenced economic conditions. This impact is a result of swimming and working out at a gym becoming very popular forms of exercise.
World Health Organisation (WHO)
The World Health Organisation is a worldwide organisation based in Geneva, Switzerland that is responsible for fighting diseases, promoting health, combating the tobacco industry and coordinating worldwide health policies.
The tobacco industry
Due to the negative health effects of tobacco, there are several restrictions related to the tobacco industry. These restrictions include how the industry advertises, labels and packages its products and also covers restrictions placed on smoking in public places in most countries.
The pharmaceutical sector
There are many pharmaceutical companies publically listed on stock exchanges that operate pharmacies and produce medications. Hundreds of billions of dollars of pharmaceutical products are traded internationally.
Research and development
Governments, think tanks, universities and companies all invest in research and development in the areas of health, food storage, fitness, wellness and pharmaceuticals. This creates employment for many specialists in these fields.
Occupational health and safety
Occupational health and safety is regulated in the majority of countries. The cost to businesses can be quite high following the purchase of workers compensation insurance and safety equipment. It usually requires that at least one person is responsible for occupational health and safety within a company. Safety equipment is often required for workers to perform all necessary tasks in a safe working environment.
55% of US adults take some form of nutritional supplements. These supplements include specific vitamins, herbal medicines, proteins and many other types of dietary supplements.
Fruits and vegetables
Traditionally, fruits and vegetables have been sold in a market environment or in a specialist fruit and vegetable shop. Over the last 30 years, there has been a massive expansion with the fruit and vegetable section of large supermarkets.
Health food stores
A health food store is a type of grocery store that specialises in selling healthy and organic foods, various types of local produce and nutritional supplements. There has been a significant increase in the number of health food stores over the last 20 years.
Fruit and vegetable Juices
Many companies across the globe manufacture fresh fruit and vegetable juices and long lasting fruit and vegetable juices packaged in glass bottles, plastic containers and cans.
Over the last 20 years, there has been a massive surge in franchise outlets across the globe that specialise in making fresh fruit and vegetable juices on the spot for customers.