HomeEverythingEducation
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

Gen Z Spending on Fitness Surges 30% as Alcohol Consumption Declines

Created at 31 May · 4:51 PM1 source↑ Market-relevant
IN SHORT

Young adults are increasingly choosing gym memberships and fitness classes over alcoholic beverages, with spending on fitness up 30% year-over-year, according to Mintel. These fitness centers are becoming social hubs, replacing bars for relationship building.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

30%increase in Gen Z spending on fitness

Who's Involved

Mintel
market intelligence firm that provided the spending data
Sarah Rappaport
Bloomberg Pursuits Journalist who discussed the trend
Lisa Mateo
Bloomberg This Weekend host

↳ Why This Matters

This trend highlights a significant shift in consumer behavior among Gen Z, moving away from traditional social activities centered around alcohol towards health and wellness-focused pursuits. The rise of fitness centers as social venues reflects changing priorities and a growing emphasis on personal well-being and community engagement within this demographic.

Key facts

  • Gen Z spending on gym memberships and fitness classes has increased by 30% in the past year.
  • Fitness centers are becoming social spaces for young people to meet friends and build relationships.
  • This trend indicates a shift away from alcohol consumption among young adults.

This trend highlights a significant shift in consumer behavior among Gen Z, moving away from traditional social activities centered around alcohol towards health and wellness-focused pursuits. The rise of fitness centers as social venues reflects changing priorities and a growing emphasis on personal well-being and community engagement within this demographic.

Frequently asked questions

Gen Z is increasingly turning away from drinking alcohol and choosing to spend more on gym memberships and fitness classes instead.

According to Mintel, Gen Z spending on fitness has increased by 30% compared to the previous year.

Fitness centers are beginning to replace bars as places for young people to meet friends and grow relationships.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

31 May · 4:31 PM
Gen Z is spending 30% more on gym memberships and classes than last year, replacing bars as social hubs.
Bloomberg | Markets via PiQSuite

Sources

T1
Gen Z Swaps Bars for Barbellsm.piqsuite.com

Related Stories

London bars styled as house parties thrive amid hospitality struggles
9 Jul · 3:55 AM
Nike and Adidas Vie for Soccer Dominance at World Cup
9 Jul · 9:11 AM
Highly educated entrepreneurs increasingly drawn to market trading
8 Jul · 2:15 PM
Premier League clubs' pre-tax losses surged over 600% to £948 million in 2024/25
8 Jul · 12:55 PM
Natura's Q2 Revenue Declines 9-10% Amid Restructuring
8 Jul · 12:04 PM