How Wellness Became Big Business in America

JLL Real Views | October 26, 2018

During a '60 Minutes' segment on health in 1979, anchor Dan Rather said, "'Wellness': there's a word you don't hear every day." Four decades later, the word is ingrained into the paces of modern life, from a spirulina-infused smoothie in the morning, to an evening sound-healing session at the office, offered as part of a corporate wellness program. "Wellness went from a niche concern – something 'granola' – to something that is mainstream," says Carl Muhlstein, who leads a landlord agency leasing team at JLL. With mass appeal comes mass profit. The wellness industry is now valued at US$4.2 trillion, having grown 12.8 perce...