Wellness And Natural Health Business

Business Idea: Start A Wellness And Natural Health Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$242K
Avg Startup Costs
$13.7K
Score
73
Market Size
Avg Revenue
Min Revenue
$25.5K/month
Max Revenue
$500K/month
Avg Days To Build
150 days

Have you been toying with the idea of starting a business in the medical sector? How about the wellness and natural health business?

With an approximately 6.4% YoY growth rate, the health and wellness industry is one of the best business ideas you will think of starting today. Health and wellness professionals include health coaches, personal trainers, and even yoga teachers.

If you plan to start a health and wellness business in 2024, find your area of focus, and determine the kind of service or product you will provide. Research the market and find an ideal location.

You may choose the eCommerce or hybrid model, where you have a physical office and online consultation.

Revenue & Profitability

How much do wellness and natural health businesses make?

Startup Costs

How much does it cost to start a wellness and natural health business?

  • It can cost as low as $600 to start a wellness and natural health business.
  • It can cost as high as $500,000 to start a wellness and natural health business.

Learn more about the costs of a wellness and natural health business.

Examples Of Successful Wellness And Natural Health Businesses

Successful wellness and natural health business businesses and case studies

Aspiring founders can learn from how Herbal Goodness grew from a single product to a six-figure superfood brand by leveraging organic ingredients like papaya leaves and seeds, utilizing strategic partnerships, and maintaining patience and persistence, achieving impressive revenue growth from $300 in their first year to over $30,000 in the second year.

$500K Monthly Revenue
Read by 6,053 founders

Founder and CEO of SelfDecode, Joe Cohen, explains how his company helps people discover personalized diet, supplement, and lifestyle recommendations based on DNA and lab tests; generating about $2.7 million in revenue over the past year and raising $8 million in a crowdfunding campaign, SelfDecode provides personalized health recommendations prioritized on unique genetic variants, marking the future of healthcare.

$200K Monthly Revenue
$500K Startup Costs
Read by 8,633 founders

See full list of successful wellness and natural health businesses.