The Weight loss and weight management market is projected to reach USD 245.51 Billion by 2022 from USD 175.94 Billion in 2017, at a CAGR of 6.9%.
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Factors such as growing obesity rates, increasing number of bariatric surgeries, and increasing prevalence of lifestyle diseases are driving weight loss and weight management market.
Online weight loss programs segment is expected to register highest CAGR.
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Key Target Audience for this Report:
- Manufacturers of high-calorie and low-calorie (diet) food and beverage
- Manufacturers of fitness equipment and accessories
- Distributors of fitness equipment
- Manufacturers and suppliers of bariatric equipment
- Providers of online diet programs
- Venture capitalists
- Hospitals and laboratories
- Research and consulting firms
High growth in weight loss and weight management market attributed to increasing obesity rates and diabetes prevalence, low cost of bariatric surgeries (which is promoting medical tourism in region), rising disposable income, & increasing awareness about nutrition & healthy lifestyles. While weight loss and weight management market presents significant growth opportunities, market growth may be hindered due to high cost of low-calorie diets and deceptive marketing practices.
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Weight loss management market is highly competitive with presence of various players. North America is expected to dominate market, followed by Europe.
High growth of North American market is attributed to factors such as increasing obesity rates and growing incidence of chronic diseases, high awareness about nutrition and healthy lifestyles, and growing number of fitness centers in region.
1 Growing Rate of Obesity
2 Increasing Number of Bariatric Surgeries
3 Increasing Prevalence of Lifestyle Diseases
4 Launch of New and Advanced Products
1 High Cost of Low-Calorie Diets
2 Deceptive Marketing Practices
1 Potential for Weight Loss and Weight Management Market in Emerging Markets
2 Increasing Rate of Childhood Obesity
Some of major players operating in market are Atkins Nutritionals (US), Herbalife (US), Nutrisystem (US), Ethicon (US), Covidien (US), Apollo Endosurgery (US), Brunswick (US), Amer Sports (Finland), Johnson Health Technology (Taiwan), Technogym (Italy), Weight Watchers (US), Jenny Craig (US), eDiets.com (US), VLCC Healthcare (India), Slimming World (UK), The Gold’s Gym (US), and Duke Diet & Fitness Center (US).
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Report provides an overview of weight loss and weight management market. It aims at estimating market size & future growth potential of this market across different segments such as diet, equipment, service, and region.
Furthermore, report also includes an in-depth competitive analysis of key players in the market along with their company profiles, recent developments, & key market strategies.
Key Benefits of the Report:
Report will help market leaders/new entrants in this market by providing them with closest approximations of revenues for overall weight loss and weight management market & its subsegments. This report will help stakeholders to understand competitive landscape better and gain insights to position their businesses and help companies make suitable go-to-market strategies.
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