Gen Z Wellness Boom: Top Stocks to Watch

8 min read
0 views
Jul 5, 2025

Gen Z and millennials are reshaping wellness, pouring billions into fitness and anti-aging. Which stocks are riding this wave? Click to find out!

Financial market analysis from 05/07/2025. Market conditions may have changed since publication.

Have you noticed how the younger crowd seems obsessed with feeling good, looking great, and living healthier? I sure have. Walking through my local gym, I see Gen Z and millennials sweating it out, sipping kombucha, or raving about their latest wellness gadget. It’s not just a fad—it’s a movement. Recent data shows Americans are spending over $500 billion annually on wellness, with a growth rate of 4-5% each year. And who’s leading the charge? The under-40 crew, prioritizing fitness, clean eating, and even anti-aging like never before. This shift isn’t just changing lifestyles—it’s shaking up the stock market too. Let’s dive into how this wellness craze is creating golden opportunities for investors.

Why Wellness Is the New Wealth

The wellness industry is booming, and it’s no surprise why. Younger generations are redefining what it means to live well. Unlike their parents, who might’ve hit the bar on a Saturday night, Gen Z and millennials are more likely to be found at a spin class or a juice bar. Nearly 30% of these folks say they’re focusing “a lot more” on wellness compared to last year, outpacing older generations by a solid margin. This isn’t just talk—credit card data confirms it. Spending at fitness clubs is climbing, with Gen Z households shelling out 2.8 times more on fitness than baby boomers. It’s a cultural shift with serious staying power.

Younger generations are prioritizing fitness and healthy living in ways we haven’t seen before. It’s not just a trend—it’s a lifestyle overhaul.

– Industry analyst

But it’s not just about hitting the gym. These generations are embracing a holistic approach—think plant-based diets, mindfulness apps, and even cold-plunge tubs. The question is: how can investors tap into this? Let’s break down the sectors and stocks poised to ride this wave, from fitness clubs to anti-aging products and even the surprising shift in drinking habits.


Fitness Clubs: Where Sweat Meets Profit

Fitness clubs are no longer just sweaty rooms with dumbbells—they’re social hubs, lifestyle brands, and big business. The data backs this up: foot traffic to gyms is outpacing visits to bars and clubs, especially among the 20- and 30-somethings. I’ve seen this firsthand—my local gym is packed with young folks playing pickleball or chilling in recovery lounges. Two companies stand out as prime beneficiaries of this trend, offering investors a chance to cash in on the sweat equity.

Life Time: The Luxury Fitness Bet

First up is a high-end fitness chain that’s nailed the art of spotting trends early. This company has turned its clubs into wellness playgrounds, offering everything from yoga studios to pickleball courts—the fastest-growing sport in the U.S. They were quick to jump on this trend, converting spaces to accommodate the craze. Now, they’re one of the largest pickleball providers in the country. They’ve also embraced the cold-plunge movement, installing tubs for post-workout recovery. With an average analyst rating of overweight and a potential 30% upside based on price targets, this stock is a strong contender for growth-focused portfolios.

What I love about this company is their knack for staying ahead of the curve. They’re not just a gym—they’re a lifestyle destination. Whether it’s hosting wellness events or rolling out new recovery tech, they’re tapping into what Gen Z and millennials crave. If you’re looking for a stock that screams “future of fitness,” this is it.

Planet Fitness: The Budget-Friendly Winner

On the other end of the spectrum is a fitness chain that’s all about accessibility. Known for its low-cost memberships, this company is capturing the hearts (and wallets) of first-time gym-goers, especially younger ones. Their penetration among Gen Z and millennials is impressive, with data showing consistent growth in this demographic. Analysts give it a buy rating, with about 7% upside potential. It’s not as flashy as its luxury counterpart, but its value-driven model makes it a magnet for the budget-conscious wellness seeker.

Here’s the kicker: this chain’s focus on inclusivity resonates deeply with younger generations. They’re not intimidating, and their “judgment-free zone” vibe pulls in folks who might’ve never stepped foot in a gym before. For investors, it’s a solid play on the democratization of fitness.

  • Luxury fitness: High-end clubs offering premium experiences like pickleball and recovery suites.
  • Budget fitness: Affordable gyms attracting first-time users with a welcoming vibe.
  • Growth potential: Both models cater to the wellness obsession driving Gen Z and millennial spending.

Anti-Aging: The Quest for Youthful Glow

Let’s talk about something that’s blowing up on social media: anti-aging products. From red-light therapy masks to collagen supplements, younger generations are all about staying youthful. Google searches for terms like “cold plunge” and “red-light therapy” are skyrocketing, and companies that tap into this trend are seeing serious traction. One brand, in particular, is making waves with its innovative approach to healthy aging.

SharkNinja: Innovating the Anti-Aging Game

Ever heard of a face mask that uses red-light therapy? One company is betting big on it with their CryoGlow mask, a product that’s caught the attention of wellness enthusiasts. They’ve got a track record of spotting trends early, and their pivot into anti-aging is no exception. With a buy rating from analysts and a 14% upside potential, this stock is one to watch. I’m personally fascinated by how they’ve taken a niche wellness trend and turned it into a must-have product. It’s like they’re reading the minds of every 25-year-old scrolling TikTok for skincare tips.

Anti-aging isn’t just for the older crowd anymore—Gen Z is jumping on board, and smart companies are capitalizing on it.

– Wellness industry expert

What sets this company apart is their ability to innovate fast. Their product lineup screams “we get it,” catering to a generation that’s obsessed with looking and feeling their best. If you’re bullish on the anti-aging trend, this stock could be a game-changer for your portfolio.


Sipping Smarter: The Non-Alcoholic Revolution

Here’s where things get really interesting. Younger generations are drinking less alcohol—way less. Per capita alcohol consumption dropped 10% from its 2021 peak, hitting levels not seen since the 1960s. Instead, non-alcoholic beer and seltzer are taking over, with sales outpacing their boozy counterparts by 28 points since 2021. But here’s the twist: recent data shows Gen Z’s alcohol consumption is ticking up, with 70% of them drinking in the past six months, compared to 46% two years ago. So, what’s the deal?

It seems economic pressures and social media’s influence on socializing are at play. Younger folks are still socializing, but they’re doing it differently—think mocktails at a rooftop bar instead of shots at a club. This shift is creating opportunities for companies that dominate the non-alcoholic space, while traditional alcohol stocks might face headwinds.

Coca-Cola: The Soft Drink Giant

One major player in the beverage world is leaning hard into non-alcoholic options. Their portfolio of sparkling waters and zero-sugar drinks is perfectly aligned with the wellness crowd’s preferences. Analysts are bullish, and for good reason—their brand power and global reach make them a safe bet in a shifting market. I’ve always thought their ability to pivot into trendy categories, like functional beverages, is what keeps them ahead of the game.

Anheuser-Busch InBev: Betting on Zero

Another company worth watching is a global beer giant that’s doubling down on non-alcoholic brews. Their zero-alcohol beers are gaining traction, and with non-alcoholic beer projected to become the second-largest beer category by volume this year, they’re well-positioned. It’s a smart move—catering to the health-conscious without alienating their core audience. Analysts see upside here, especially as younger drinkers embrace moderation.

SectorCompany TypeUpside Potential
FitnessLuxury Gym30%
FitnessBudget Gym7%
Anti-AgingWellness Tech14%
BeveragesNon-AlcoholicStable Growth

Why This Trend Matters for Investors

So, why should you care about all this? Because the wellness boom isn’t just a lifestyle shift—it’s a market mover. Gen Z and millennials are driving billions in spending, and companies that align with their values are reaping the rewards. Whether it’s a gym chain capitalizing on the fitness craze, a tech company pushing anti-aging innovation, or a beverage giant pivoting to non-alcoholic options, the opportunities are clear. But here’s my take: the real winners will be the companies that don’t just follow trends but anticipate them.

Think about it—when was the last time you saw a trend this big stick around for so long? Wellness isn’t going anywhere. As younger generations age, their focus on health will only deepen, creating long-term tailwinds for investors. My advice? Keep an eye on companies that innovate and adapt to these evolving preferences.

  1. Spot the trend early: Companies that pivot quickly, like those embracing pickleball or red-light therapy, tend to outperform.
  2. Focus on accessibility: Budget-friendly options like affordable gyms resonate with younger, cost-conscious consumers.
  3. Bet on innovation: Anti-aging and non-alcoholic products are still in their early innings, with room for growth.

Perhaps the most exciting part is how this trend reflects a broader shift in priorities. Younger generations aren’t just chasing wealth—they’re chasing well-being. And that’s a market dynamic worth investing in.


The Bigger Picture: A Healthier Future

As I reflect on this wellness wave, I can’t help but feel optimistic. Sure, the stock picks are exciting, but what’s even cooler is what this says about where society’s headed. Gen Z and millennials are rewriting the rules, choosing spin bikes over bar stools and face masks over hangovers. It’s a reminder that investing isn’t just about numbers—it’s about understanding people. And right now, people are all about living better, longer, and smarter.

So, what’s your next move? If you’re an investor, consider diving into the wellness space. The data’s clear, the trends are strong, and the opportunities are ripe. Whether you’re eyeing fitness giants, anti-aging innovators, or non-alcoholic beverage leaders, there’s a slice of this $500 billion pie for you. Just don’t wait too long—these trends move fast.

Investing in wellness is investing in the future of how we live.

– Financial strategist

At the end of the day, the wellness boom is more than a market trend—it’s a lifestyle revolution. And for savvy investors, it’s a chance to get in on the ground floor of something big. So, are you ready to ride the wave?

The digital currency is being built to eventually perform all the functions that gold does—but better.
— Michael Saylor
Author

Steven Soarez passionately shares his financial expertise to help everyone better understand and master investing. Contact us for collaboration opportunities or sponsored article inquiries.

Related Articles