The global weight management market is expected to reach USD 442.3
billion by 2025, according to a new report by Grand View Research, Inc. Rising
number of overweight and obese population coupled with rising popularity of
various commercially available solutions is fueling the growth.
Increasing initiatives undertaken by market players in collaboration with
the government to raise awareness about the adverse impact on health due to
obesity are further anticipated to drive the market demand. The overweight and
obese population are more prone to chronic diseases including diabetes,
hypertension, and orthopedic diseases. Thus, rising awareness about weight
management techniques is driving the market growth.
 |
Japan weight management market, by diet, 2014-2025 (USD
Billion)
|
Thanks to westernization and urbanization, there is an increasing
preference toward processed food as an alternative to home-cooked food. The
increase in number of nuclear families coupled with a rise in the working
population have fueled the demand for easily accessible & inexpensive fast
food and takeaway meals. According to Statista, in 2015, revenue of fast food
industry in the U.S was 203.2 billion. A hectic schedule coupled with
increasing stress are resulting in higher intake of outside and takeaway food.
This trend is anticipated to trigger the market growth.
In depth research report on Weight Management
Market
Further Key Findings From the Study Suggest:
·
The growing
prevalence of obesity primarily due to sedentary lifestyle and lesser physical
activities is augmenting market growth
·
The rising
awareness of available solutions for weight loss and management is driving the
growth
·
In diet, the
beverage segment holds the largest share owing to increasing consciousness
amongst people about their eating habits and adoption of general &
personalized diet plans for better metabolism and losing the extra weight.
Whereas, rising popularity of supplements, shake mix, tablets, and capsules are
projected to grow over the forecast period
·
Fitness
equipment such as cardiovascular training, strength building, and other
equipment used in maintaining the weight account for the largest share in
weight management
·
Increasing
R&D for developing minimally invasive and noninvasive equipment are
anticipated to increase the usage of surgical equipment over the forecast
period
·
The fitness
center services segment held the largest share of market, however with
digitalization, online weight loss services are anticipated to grow over the
forecast period
·
In 2016, North
America dominated the global market with the largest revenue share of over
46.0%, due to the rising overweight population and commercial availability of
minimally invasive procedures and noninvasive equipment
·
Asia Pacific
is expected to emerge as the fastest growing region during the forecast period,
primarily due to growing awareness about the importance of losing &
management of extra weight in order to avoid adverse health effects coupled
with improving healthcare infrastructure and emerging medical tourism
·
Some of the
major players are Herbalife International, Inc.; NutriSystem, Inc.; Weight
Watchers International, Inc.; eDiets.com; BRUNSWICK CORPORATION; Ethicon US,
LLC; and GOLD'S GYM
Grand View Research has segmented the weight management market by diet,
equipment, services, and region:
Global Weight Management Diet Outlook
(Revenue, USD Billion; 2014 - 2025)
·
Diet
·
Meals
·
Beverages
·
Supplements
Global Weight Management Equipment Outlook
(Revenue, USD Billion; 2014 - 2025)
·
Fitness
equipment
o
Cardiovascular
training equipment
o
Strength
Training equipment
o
Others
·
Surgical
equipment
o
Minimally
invasive/Bariatric equipment
o
Noninvasive
surgical equipment
Global Weight Management Services Outlook
(Revenue, USD Billion; 2014 - 2025)
·
Fitness
centers
·
Sliming
centers
·
Consultation
services
·
Online weight
loss services
Weight Management Regional Outlook (Revenue,
USD Billion; 2014 - 2025)
·
North America
o
U.S
o
Canada
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
Japan
·
Latin America
o
Mexico
o
Brazil
·
MEA
o
South Africa
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
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